The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thanks for posting Holt
Great positive article some EU money would certainly grease the wheels
This needs to be read, widely.
Some interesting info in this article
https://www.jornaldenegocios.pt/empresas/energia/detalhe/savannah-ja-comprou-mais-de-100-lotes-de-terreno-em-boticas-para-mina-de-litio
Great news re the wolves.
@ Mick88 & CleverSheep.
Thanks for giving my head a wobble. It was clearly needed. You're both correct.
My position has now been put right. I owe you both a drink when we hit 42p.
So don't forget that I promised you both one. I'll even treat you both to a curry to boot. 😀
@ Mick88 & CleverSheep.
Thanks for giving my
Suggest you re-read the Chairman's Statement from the AGM in June last year:
"The US$953m NPV of the Project equates to 44p/share, or approximately ten times our current share price. Our Project has been significantly derisked by the favourable DIA decision and other lithium stocks which have also completed a Scoping Study on their respective projects trade on an average multiple to their net asset value of around 0.3x. Savannah currently trades at just 0.1x, so we will be marketing extensively over the coming months to highlight this investment opportunity to market participants. Furthermore, as we move through later milestones, such as the DFS, we expect a re-rating in our multiple to the 'post DFS' peer group, currently trading on an average of 0.5x, and the lithium producers average of 0.8x net asset value."
So we SHOULD already be at 3x current price, moving to 5x post DFS.
T700, you are selling yourself short. Just a few months ago, Dale F, the interim CEO at that time had ambitions of the 20's. And that's pre production and based on current data without any increase in reserves or production forecast.
16p is my preferred target, as this will give me a 4x return on my investment. But I imagine I'll be umming & Ahhing at 12p
Hopefully that's pretty realistic. Good luck all.
Yeah, 12-16p mate. I'll be happy with that.
Do you have a targe price Trent?
With updates and info.
NOA Jorc resource - later this month
Visitors “top tier global groups’ - have been and seen
Investor event later this month, details to follow.
Further recruitment planned etc etc. DFS being worked up. Acquisitions continuing.
Very solid RNS.
Very good news, the site visits are a significant + I believe 🤞🏻
GLA
Good news today
Nothing reported ? Non event? No news is good news for SAV
I put a trade through yesterday that's now took my modest holding here to a tad of just over 40,000 shares.
I think I'll have that as my ceiling now and let this one quietly sit on the back burner.
I'm happy with what I have here.
Not sure that would go down too well.
I hope they tidy up after themselves, as SAV will do. Contribute, as Sav will do. Provide a lasting legacy, as SAV will do.
And yet what is more likely that there will be some sugary memories of a talking shop circus, that came and went, leaving little option for any with ambition to do anything but leave.
IB - Hell's Angels with axes, hammers and bike-chains might have more of the desired effect ?!
Free battery charging and brollies?
Wonder if SAV have anything up their sleeve planned to counteract negative exposure and coverage from this weekend's anti-mine demo event at Barroso ? Time will tell I guess.
Looks like it
Is our friend back again...
Helps answer one of the original local concerns regards lack of info and inclusion. Hopefully over the past months they will have seen the level of information available and this maybe far more detailed than wanted or needed, but shows that SAV are looking to be as transparent as they can be.
Knocking down another dominoe