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EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United Watch Here

EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United
UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme


Savannah Resources Share Chat (SAV)



Share Price: 5.65Bid: 5.50Ask: 5.80Change: 0.00 (0.00%)No Movement on Savannah Res.
Spread: 0.30Spread as %: 5.45%Open: 5.70High: 5.50Low: 5.50Yesterday’s Close: 5.65


Share Discussion for Savannah Resources




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Posts per page:

Trisse
Posts: 1,506
Opinion:No Opinion
Price:5.05
RE: They arnt really sells
11 Feb '19
I think we will bid for it again when the tender is on and who better to get it with an operation already. And if it’s a major taking it, so be it. Can’t be bad. And with mdb, we have 15-20y of high volume production already.
 
Inbrackets
Posts: 2,821
Opinion:No Opinion
Price:5.05
RE: They arnt really sells
11 Feb '19
Until it was snaffled back, we originally had an interest in an area close to MDB called Reigoso, which I understand was of real interest. I hope we do go after something else, possibly in partnership which can be developed as an additional supply layer to add to MDB a few years on. Being in production early and at the heart of the initial supply chain bodes well.

From the LiBull podcast, it was good to hear of the ambitions to develop the industry in Portugal, not just as a raw material provider. Looking good.
AIMtodeath
Posts: 6,344
Opinion:No Opinion
Price:5.05
RE: They arnt really sells
11 Feb '19
If they come looking licences now they will not be in production before 2023 most likely, it takes several years to build a chemical factory after that.....start building a chemical factory now and buy SAV to supply it and when they have the other places ready to go they have the factory already producing. Interesting that he also mentions Portugal as potentially being the gateway to Europe for spodumene conversion with material coming in from Africa.

However they would need to be paying market rates not against share price, as Portugal would be a bread winner for expanding SAV in the future.
Osaka
Posts: 88
Opinion:No Opinion
Price:5.05
RE: They arnt really sells
11 Feb '19
I hope we don't acquire any additional areas in the auctions, the government appear to be trying to attract majors this time and understandably so, who knows maybe a big fish will swim up next to us and buy us out, the existing JORC, drilling data and generally advanced nature of our project must look very attractive.
Salvegrumio
Posts: 398
Opinion:No Opinion
Price:5.05
RE: They arnt really sells
11 Feb '19
Nice blog iceberg. Crumbs have I lived through all that.! Very comprehensive but don't forget possibility of Portugal Li licence auctions in 2019 as well.
theiceberg
Posts: 5,535
Premium Chat Member
Opinion:No Opinion
Price:5.05
RE: They arnt really sells
11 Feb '19
Now you might add that they have been positioned to look like sells to give the mms some shares.
theiceberg
Posts: 5,535
Premium Chat Member
Opinion:No Opinion
Price:5.05
They arnt really sells
11 Feb '19
Imo. Just a transferring of ownership. Good legal purposes it needs to go through the system.




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