Savannah Resources Share Discussion Threads

[goodday1] 12/12/2024 10:48

But we don't do politics!LolHahahaGl all

[broncowarrior] 12/12/2024 09:26

Seems political will to make it happen and the development money is there. They just need to beef the resource through the new drilling.

[goodday1] 12/12/2024 08:02

I think the BoD going on their holidays now or are we getting anything else this year?Gl with 2025 & there is no chance of them going skint now, hopefully.Gl all

[broncowarrior] 12/12/2024 07:52

Lots of things falling into place at the end of the year.

[jammytass] 12/12/2024 07:04

· Barroso Lithium Project - temporary land access granted: All relevant stakeholders and landowners have been informed, more than half of the total compensation fees have been paid already, and the required notice has been published in the government's official gazette (Diário da República). Savannah now has the right to immediately access the land concerned on the Project's C-100 Mining Lease allowing it to conduct the fieldwork, including the second phase of drilling, required to advance the DFS and environmental licencing process. Savannah reiterates its previous guidance for completion of the DFS and environmental licencing process in H2 2025.

· Barroso Lithium Project - Aldeia Mining Lease awarded: A Mining Lease has been awarded on the three-block 'Aldeia Mining Lease Application' area (Blocks A, B & C, total 2.94km2) adjacent to the C-100 Mining Lease. A JORC (2012) compliant Mineral Resource Estimate of 3.5Mt at 1.3% Li2O was published for one deposit on Block A in May 2019 and this 'Aldeia' resource featured in the June 2023 Project Scoping Study. Savannah exercised an option to acquire the Aldeia Mining Lease Application area in June 2019[1].

[jammytass] 12/12/2024 07:03

rns good news

[inbrackets] 11/12/2024 07:44

https://x.com/lossadjusted/status/1866642270302155215?s=61&t=AJxxcVs_tbxqv1S84UYMowApparently good news needs to be shared.

[goodday1] 06/12/2024 08:52

SP gathering momentum SP reacting to Buys/SellsBuyers aboutGl all

[ged5] 04/12/2024 16:23

Grupo Lusiaves have added another 16 881 856 shares to go up to 6%.

(for more about Grupo Lusiaves, the poultry business see post 888)

Looks like a new trading range that's gone from 3.9 v 4.2 to a much higher range of 4.0 v 4.3. But that's not all. No, the big trades have moved from 4.0p to 4.2p. Not quite finished the accumulating/transfers yet, maybe.

[cyfalafwr] 03/12/2024 15:54

Excellent write up Amigo.

[sphere25] 03/12/2024 15:20

This is the thing UKGeorge, it should actually be a bull market and feed through to the tiddlers here.

Whenever we have seen the small caps in the US rally along with the large (though that clearly doesn't fit "some" nowadays) caps, it usually feeds through here. We also have the DAX flying, the FTSE100 doing well, and to top it all off, we also have all kinds of speculative crypto flying and major exuberance type of behaviour out there. One look at the moves in Coinbase from just November shows the party going on out there.

Not suggesting the news here warrants some spectacular all green light 1000% move higher, but in the past when these types of exuberant market conditions were present, most speculative (outright garbage and even fraudulent companies) shares here in the UK would rally. I reckon this type of news would have caused the herd to come in and cause some form of trading spike, but it shows a great deal has changed.

The tiddler market is partly broken. There is also a realisation that many of the companies no longer deserve a higher rating. Clearly, some transformational news with big sales orders or some firm financing package could change things for some out there, but the majority are just clinging on.

Looking at some of the updates so far this week, you have the likes of CMET, OMI, FAR, EST, KDNC, BELL, GEMD - nearly always the same. Short term spikes that fizzle out or get sold into. I traded JLP, but even before I bought it, I knew you have to lob into the spike and look at it now - back to where it started before the spike! It is just relentless dominance by the sellers who just come in and pound any short term bullish moves.

That is just the nature of this end of the market. De-listing's are on a tear too with SCHO, ADA, ELEG, INX, WEB, PPS, LDSG all very recently leaving. We have the likes of KEFI hanging in there with dilutive financing - how many x billion of shares are companies similar to KEFI going to end up with before their game is over?

So barring some major transformational news that is a big FU to these relentless sellers, this end of the market almost looks doomed. I'm usually glass half full and still have a go in the most terrible of markets, but never known it to be this bad at this end of the market.

So I think most of the news will continue to be for short term traders to try and nip in and out, and not get trapped in big spikes. But there must be a few that deliver really transformative news that causes a sustainable big move higher. I am sure people will be looking out for those. It should be obvious because the volume will go through the roof. Most nowadays, absolutely nothing happens - dribs and drabs.

So this is this particular end of the market. Clearly it is a different form of dynamic and analysis in other parts of the market.

You can wake up now.

WAKE UP!!!! :-)

Adios Amigo!

All imo
DYOR

[ukgeorge] 03/12/2024 10:11

Great news today, all seems to be coming together. This news in a bull market would have sent the share price flying. Roll on the steady progress. :)

[ged5] 03/12/2024 09:41

Euler hermes info and link to their website:-

[broncowarrior] 03/12/2024 09:24

Surprised at the muted response so far.

[broncowarrior] 03/12/2024 09:23

It's happening!

[flc] 03/12/2024 09:06

Good to see some progress :-)

[goodday1] 03/12/2024 07:29

LoICough cough.Gl all

[mirabeau] 03/12/2024 07:09

Big news for SAV

[themightyali] 29/11/2024 20:16

What makes you think that ?

[goodday1] 29/11/2024 18:44

We should be breaking the 3.90-4.20 range sooooonnn.Hopefully.Gl all