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Pin to quick picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

London Stock Exchange
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Share Price: 3.45
Bid: 3.30
Ask: 3.60
Change: -0.15 (-4.35%)
Spread: 0.30 (9.091%)
Open: 3.45
High: 3.50
Low: 3.30
Prev. Close: 3.45
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IN BRIEF: Savannah Resources Loss Widens Despite Administrative Cuts

Wed, 28th Oct 2020 14:31

Savannah Resources PLC - resource development company with operations in Portugal, Mozambique and Oman - Posts pretax loss in the first half ended June 30 of USD6.5 million, widening from USD2.0 million a year prior. Administrative expenses were down to USD1.1 million from USD1.9 million a year before. Says that, going forward, it will continue to adapt the business within the new Covid-19 protocols within each country it operates and remains positive about company's potential in becoming the a significant supplier of lithium raw material to "Europe's rapidly developing battery value chain".

Current stock price: 2.42 pence

Year-to-date change: up 7.6%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
13 Dec 2018 12:07

Savannah Resources Finds Saleable Qaurtz And Feldspar In Portugal

LONDON (Alliance News) - Savannah Resources PLC on Thursday said test work at its Portuguese Mina do Barroso lithium project has produced saleable quartz and feldspar products.The ongoing a

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29 Nov 2018 11:21

Savannah Resources Hires Consultancy Team To Work On Mina Do Barroso

LONDON (Alliance News) - Savannah Resources PLC on Thursday said it has added a number of leading Portuguese and international consultancy groups to its team at Mina do Barroso project, AIM-listed

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27 Nov 2018 13:42

Savannah Resources Appoints James Leahy As Non-Executive Director

LONDON (Alliance News) - Savannah Resources PLC said Tuesday that it has appointed James Leahy as independent non-executive director with immediate effect.Leahy previously has acted as for

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9 Oct 2018 11:43

Savannah Settles Second Deferred Payment For Portuguese Portfolio

LONDON (Alliance News) - Savannah Resources PLC said Tuesday it started the settlement of the second tranche for the acquisition of its Portuguese lithium portfolio.The company bought the a

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25 Sep 2018 13:10

Savannah Resources Procures Purchase Option For Portuguese Acreage

LONDON (Alliance News) - Savannah Resources PLC said Tuesday it has secured a purchase option for an area of "excellent" possible lithium next to its existing Mina do Barroso now has an

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21 Sep 2018 11:41

Savannah Resources Applies For Mining Permit As Interim Loss Narrows

LONDON (Alliance News) - Savannah Resources PLC on Friday said it applied for additional mining licences for its Mozambique subsidiary as its loss narrowed in the first half of 2018.The to

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10 Sep 2018 10:58

Savannah Resources Finds Significant New Mineralisation At Grandao

LONDON (Alliance News) - Savannah Resources PLC said Monday it discovered "significant volumes of new mineralisation" at its Grandao deposit, part of the Mina do Barroso Lithium project

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6 Sep 2018 14:46

Savannah Resources sees more positive results from Mina do Barroso

(Sharecast News) - Resource development company Savannah Resources announced further results from the ongoing reverse circulation (RC) and diamond core drill programme at the Mina do Barroso Lithium Project in northern Portugal on Thursday.

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4 Sep 2018 11:07

Savannah Resources Dual-Lists On Frankfurt Stock Exchange (ALLIPO)

LONDON (Alliance News) - Savannah Resources PLC said its shares have started trading on Quotation Board Segment of the Open Market of the Frankfurt Stock Exchange on Tuesday.The resource on

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23 Aug 2018 15:57

Director dealings: Savannah Resources CFO lowers stake

(Sharecast News) - Savannah Resources' chief financial officer Christopher Michael McGarty disposed of 2.03m ordinary shares in the AIM-listed firm on Thursday.

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15 Aug 2018 17:45

Savannah Resources Gets Six Portuguese Licence Applications Rejected

LONDON (Alliance News) - Savannah Resources PLC said Wednesday that the Directorate General for Energy and Geology rejected six out of nine exploration licence applications in Portugal made by its

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31 Jul 2018 17:30

Savannah Resources Gets GBP1 Million From Al Marjan After Subscription (ALLISS)

LONDON (Alliance News) - Savannah Resources PLC on Tuesday said its major shareholder Al Marjan Ltd has invested GBP1 million following a subscription.Early in July, the multi-commodity to

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24 Jul 2018 12:43

Savannah Resources To Pursue Feasibility Study Of Portuguese Project

LONDON (Alliance News) - Savannah Resources PLC said on Tuesday it has appointed lithium consulting engineers Primero Group to conduct a feasibility study of the Mina do Barroso Lithium Project in

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5 Jul 2018 15:04

Savannah Resources Raises GBP11.5 Million By Placing And Subscription (ALLISS)

LONDON (Alliance News) - Savannah Resources PLC said Thursday it raised GBP11.5 million in cash via placing and subscription of 128.3 million shares.Savannah shares were trading down 7.0% 9

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19 Jun 2018 12:21

Savannah Resources Nets GBP161,336 Following Warrants Exercise (ALLISS)

LONDON (Alliance News) - Savannah Resources PLC on Tuesday said it has raised GBP161,336 following the exercise of share warrants.The mineral exploration & development company issued at

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