Savannah Resources Plc

0.05 (1.09%)
Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Resources Plc LSE:SAV London Ordinary Share GB00B647W791 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.05 1.09% 4.65 5,593,616 16:35:07
Bid Price Offer Price High Price Low Price Open Price
4.50 4.70 4.65 4.55 4.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gold Ores 0.00 -2.86 - - 78.54
Last Trade Time Trade Type Trade Size Trade Price Currency
16:39:16 O 500,000 4.65 GBX

Savannah Resources (SAV) Latest News

Savannah Resources (SAV) Discussions and Chat

Savannah Resources (SAV) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-08 15:39:184.65500,00023,250.00O
2023-06-08 15:35:074.70391.83O
2023-06-08 15:35:074.7050023.50O
2023-06-08 15:35:074.7065030.55O
2023-06-08 15:35:074.6521,7391,010.86UT

Savannah Resources (SAV) Top Chat Posts

Top Posts
Posted at 07/6/2023 09:00 by reba
Scare mongering working for Aim. testing peoples stop/loss with an opening bid price of 4.5. Thats .04 below what it closed at yesterday. They get people panicking thinking it's going to drop like a stone then, 5/10 minutes into trading they take it back up to 4.9.
Thats controlling the share price. There was no utter reason to drop the initial figure.

Posted at 05/6/2023 09:21 by ukgeorge
Fingers crossed that once the 5 to 5.5p area is crossed there wont be that much resistance from stale longs selling. That is the highest the share price has pretty much got since the end of 2018.

Lithium is a lot higher than back then (admittedly we have a load more shares in issue) so hopefully we can get back to those dizzy heights.

SPAngel have a 18p target. Somewhere in between would do. Roll on continued progress.

Posted at 02/6/2023 09:57 by ukgeorge
Roll on continued progress and the share price heading up. Agree with you inbrackets, no rush to sign up with Galp or an auto manufacturer.

Lithium prices are far higher than when Galp had the opportunity to get 10% of the project on the cheap so it is good that the deal didn't go ahead. We should have a strong negotiating hand given the shortages of lithium.

Nice to see a steady rise and fingers crossed we will end near a recent high for the end of the day. I do agree there will likely be a lot of stale longs, but hopefully a few of them will now realise it is worth holding on now. I doubt Sav is on any major institutions radar yet, still sub £100M mkt cap.

I see very little reason to sell, the only worry is cash has dropped a bit (at least discount Dave has gone). Any deal for off take I would think will involve funding part of the capex, or at least a sizable cash injection.

Looking forward to the updated scoping study and for the team to get some momentum going.

Posted at 01/6/2023 10:06 by ukgeorge
I would think fair price now should be near 10p
1 year 15p
longer term likely a takeover happens, I think most would take 20p or so.

It is so nice for this hurdle to be over now and the company can actually start doing things that should promote the share price. First up updated scoping study with higher lithium prices. That should highlight that the project is worth x amount and the IRR should be very good for the mining industry.

Posted at 31/5/2023 10:17 by keith0301
To all you Legends who have been here far longer than I…we need your support on USA stock forums. has a massive user base, but SAV (traded as SAVNF on the OTC in America and elsewhere) has a mere 150 followers. I have done a lot to bring attention to us, but it would look a LOT better to the newbies if we had a sense of “communityR21; and activity. If you guys could please take a moment to make an account on ST and follow the ticker $SAVNF and post it would mean the world to me!!! Holding LONG and I want to build a solid community over there.
Posted at 26/5/2023 13:19 by keith0301
I agree George and the timing couldn't be more perfect. Over the past couple months we've seen Goldman Sachs completely pull a 180 on their thoughts on lithium. The spot price has boomed from 170K yuan to 300K in a month and is showing no signs of slowing down. Given that SAV is under the radar...I think once the news hits (and it will spread all over the lithium world - lets not forget - this green light will be for a TRADITIONAL MINE in EUROPE! It will have a chance at being 1ST to market and the official stepping stone for Europe's energy independence...

The FOMO will be real, IMO.

The only thing I see preventing a big rally could be whatever adjustments the APA makes that SAV must abide by...if there is any reason to believe that SAV won't agree on the terms or that they're too difficult to implement, etc...I could see that impacting it...but I think its more likely than not that it'll be minor stuff.

I would think SAV has plans lined up for post-approval too. We could see a small run of catalysts, to include the eventual DFS sooner rather than later. Things that have been done in advance that were contingent on EIA approval. Who knows.

Only 2 more trading days between us now and when we MUST get the news!!! Can't hardly sit still.

Posted at 21/5/2023 16:09 by ged5
Yes, 14th June would be an RNS to say that SAV accepted the conditions set by the APA/Government.

I guess that it is possible that SAV already know the decision but I think that is unlikely. With all the delays in the past I fully expect SAV will be notified on 31st May. It would then depend on the conditions as to how long SAV would take to accept them but it COULD be as late as 14th June.

So an RNS to say they have received a decision is very likely. We'll soon know!

Posted at 21/5/2023 15:19 by inbrackets
That's an interesting take, Ged, regards a mid June RNS. I appreciate that SAV are given the usual 10 working days to reply to any conditions that may or may not be attached to any APA decision. However, I can't see any reason why SAV would not be obliged to issue an RNS to confirm and generally explain any outline conditions from APA. I would then expect another one once SAV had reviewed any response.
Posted at 06/3/2023 14:33 by ukgeorge
First time since June that the share price has got above the 200 day moving average.

Be interesting to see what the share price is in May time when we should be getting the results of the EIA.

Friday's spike higher was on 12M shares being traded which is about £400k, given how terrible the last few years has been I would think most the stale longs will have sold up and moved on. So fingers crossed it won't take much buying to get the share price back up.

•Savannah to submit its revised EIA in 1Q 2023, deadline 17 March
•Regulator has 50 working days to review submission and issue its Declaration of
Environmental Impact (DIA) decision – Decision expected in 2Q 2023

Posted at 29/4/2022 22:29 by ged5
It is Friday and it has been a lovely sunny day here. So much so, that we had a lovely barbecue early this evening. Chicken with a miracle marinade created by my beloved, accompanied by slightly charred yellow peppers. Oh so lovely. And of course the infamous potato salad. SAV share price 12p some of you will be invited. 30p more of you. £20, Goodday1 you can come as well.

Off -topic post, but no more so than any that don't report approval from APA.

Have a very happy weekend.

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