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@ Oscar1210 anything's possible.
As I've said before, I'm not particularly au fait with mining shares or companies, so up until recently I shyed away from them, but looking into a lithium miner made some sense to me as a punt with the potential rise in demand of Li due to the possible rise in demand for EV's and the suchlike.
With an average price of 4p a share Due to buying and topping up at various times over the past 12 months, I'm not too far from break even at the moment.
I'll be sitting quietly in the background watching how things develop here I think.
Magnificent something definitely in the works
After last weeks drilling results I think there is a lot more upside regarding the size and quality of the Lithium deposits on our acreage and surrounding area
Which makes us a sitting duck for a buyout if we get 2 or more interested parties could be very financially rewarding for holders
Edit month not months
It has been rising strongly for the last months with no pullbacks. Someone must know something. Fingers crossed it continues. Europe waking up , lithium prices increasing ...
Something going on behind the scenes
Some decent buys coming in. Just over half a million bought on one hit this morning I noticed.
3.14 paid just there
3.09 following it.
Savannah Resources Plc, the developer of the Barroso Lithium Project (the 'Project') in Portugal, Europe's largest spodumene lithium deposit, is pleased to announce that the presentation given by Savannah's CEO, Emanuel Proença, at the '4th Gran Evento' hosted by Value Investing FM in Madrid on 16 March is now available online.
The presentation can be viewed at https://www.savannahresources.com/investors/presentations
Havin another go at breaching 3p
I had hoped high trading volume would continue but unfortunately we seem to have returned to the 'norm' - lets hope sp doesn't start dropping back again.
And meanwhile CALB gets its Sines battery plant go ahead from APA.
https://welectric.pt/2024/03/15/fabrica-de-baterias-para-eletricos-em-sines-recebe-luz-verde/
Lots of difficulties are a result of the lack of earlier decisions and endless prevarication. Some bullets have actually got to be bitten.
Good article about the West's reliance on Chinese Batteries.
https://www.theguardian.com/world/2024/mar/18/catl-chinese-battery-maker-evs-electric-vehicles
I’m talking about our new 5% holder
Oscar1210 - bucket load where? you obviously haven't been watching trades over the last week or so, nothing big today. I was excited when I read this then underwhelmed on checking :-(
No yet
Not in the amounts to do a buy out !
Someone has just bought a bucket load
Can't imagine a bid whilst the legal action uncertainty hangs over SAV, plus surely any prospective bidder would have bought bucket-loads around 1.6p last month rather than wait for sp to rise back up!?
Chinese bid for sav would be nice 20p a share even better
Chinese project for lithium battery factory in Sines gets environmental okay
Listen to meyer from 9minutes 30seconds. he clearly states that savannah has nothing to do with coruption. on x online
You're probably right, I'm just an optimist and think that one day the locals will see that when looked at all the overall benefits of MdB this is great opportunity for them. Especially the young people in the area who will have chance to stay local/move back to the area. That money has been invested in the area, etc.
But as a I say, I should probably stop being an optimist and accept that SAV have to do what they need to do.
Tropical - I think it is obvious after all these years now that the locals will NEVER agree so SAV have no option but to engage their legal powers to "remove the obstacles", so should just get on with it now, as that might spur the courts into getting on with their bit too regarding the "baseless" challenges.
W69...you talking about the Sunday Times article? If so, I don't see this as being a new legal case, but the one looked at last year. I just think the ST needed to report a reason for the Portugal elections last Sunday and used some bad journalism to connect the elections to SAV/MdB. Everything in that one-sided article was old news in my opinion.
I hope that once it comes to crunch time, SAV will look at using the legal powers available. But as a last option, I would really like MdB to be done in partnership with locals.