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Haven't we all moaned on this board before that we don't get any updates from the management. So now they're giving an update, that they've moved from a larger list of potential partners, to a smaller list that will do much more detailed review (Due diligence). This could take weeks/months.
So had we not got this update, we would probably have all been moaning that there was no news, so probably meant all possible partners had done a runner.
Then there's the update that SAV are targeting EU/Portugal funding, again something we've all moaned about that SAV have not commented on enough.
So yes, I would like more details and to know when we have a partners/EU/Portugal financing but for now I will take small updates over no updates.
Have a good day all.
Pretty pointless update.
Tells us absolutly nothing , hopefully when phase 2 (whatever that is ) is over we might get a understanding of who these parties are and what they might bring to the table
Well it’s progress
I know that Portugal seems to take its time in many ways but it struck me as interesting that SAV are included as part of the wider EU delegation. Reading though the details of the EU Day at PDAC, would the EU be happy if one of their party was under a cloud? I note that confirmation of our attendance/ inclusion came after the update and review RNS. It should give added confidence that a clean bill of health will be received whenever.
Meanwhile, only a week to go until the election which should establish a firm base and a chance of clarity.
Absolutely, wonder if the high trade volume will continue this coming week? Kinda get the feeling something is afoot. The trading volume over the last couple of weeks has gone ballistic compared to the 'norm' for no apparent reason. Positive sign I hope or someone buying up hoping for TO? Lots of sticky stock though, so cheap deal I would hope unlikely. Just not great starting point with such a low sp.
It’s great to see Savannah is attending PDAC - with Lithium now possibly seeing green shoots and the understanding of the need to diversify and on shore supply as much as possible I think good things are cooking with all the work going on in the background
Nice rise today but trades are all over the place
An odd sized UT trade at 2.00p?
awfull.lol.
Wish I was making money, sp gotta rise quite a bit still for me.
Ungrateful git, in SAV world that's an impressive feat !!!!
Yeah,we're making money,for no apparent reason
its criminal.lol.
Very true.
Bit sad when I feel slightly excited that we may go above 2p again!!!
Hell of an ISA.
Could well be some element of people using up the last of their ISA allowance ready for the next tax year.
Wow some huge ones... end of tax year prep, or something in the pipeline?
Could be crystallising losses to carry forward for CGT. Budget next week, tax year end 5 weeks
A few are roll overs.....ones a buy and a matching sell.
somethings going on,behind the scenes....trade wise
by the looks of it
Sp is only up to reflect that close last night was 1.80 based on a UT trade at 1.80, not mid price. The mid price is now 1.825 based on 1.75 - 1.90 quote. Not sure about the trades, these could be just moving stock between books (if that is a term).
Are they matched trades? Or is someone having an early spring clean?
Loads of big trades most unknown ? sp up on two small byes
For example,back in 2022
bonanza blow out gold grades on this news and the sp barely moved
https://shantagold.com/_resources/WKP%20RNS_Isulu%20Nov17%20FINAL.pdf
because that comp,moves on production related news
You tend to find,when an exploration comps transitioning into a production comp
any explo news is brushed aside by the markets...to a smaller extent
production type news,becomes the sp driver..
My own opinion for what it’s worth is news was leaked but the sp didn’t react as those in the know expected
They are very good results but the sp flat lined
There was a bit of a rally for a number of Li plays at the back end of last week with the potential for supply constraints/ reductions. Was it coincidence? Coupled with some more positive news flow versus a well overdone faux drop. A first look might tie the two together. A second, might give a flicker to an element of doubt.