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Share Price Information for Savannah Resources (SAV)

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Share Price: 3.30
Bid: 3.20
Ask: 3.40
Change: 0.00 (0.00%)
Spread: 0.20 (6.25%)
Open: 3.30
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Low: 3.30
Prev. Close: 3.30
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TRADING UPDATES: Greatland hails gold find; Capital revenue climbs

Thu, 20th Apr 2023 17:23

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Capital Ltd - African markets-focused mining services provider - In the first quarter of 2023, revenue grows to USD77.8 million from USD66.9 million a year prior. Average monthly revenue per operating rig rises 10% to USD192,000 from USD174,000. Reiterates former expectation of 2023 revenue of USD320 million to USD340 million, up at least 10% from USD290.3 million in 2022. Chief Executive Peter Stokes says: "Our fleet remains highly utilised, our safety performance world class and we continue to see a strong tender pipeline of opportunities. This provides us a solid platform to achieve another record year milestone for 2023."

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Clean Power Hydrogen PLC - Doncaster, England-based green hydrogen technology and manufacturing company - Pretax loss widens to GBP3.6 million in 2022 from GBP3.5 million in 2021. Posts no revenue, down from GBP28,000. Administrative costs widen to GBP4.8 million from GBP2.1 million. Looking ahead, says is well positioned to use its technology and commercial differentiators to meet its strategic objectives.

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Greatland Gold PLC - London-based development and exploration company, specialising in one-tier gold and copper deposits in Australia - Finds 393 grammes of gold per tonne at Rudall project in Paterson province of Western Australia. Managing Director Shaun Day says: "These results, together with our continual improvement in understanding of the covered basement geology, stratigraphy and structure, increase our confidence in the prospectivity of the region, and our ability to vector towards intrusion related and other styles of mineralised systems on our extensive ground holdings."

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Nostra Terra Oil & Gas Co PLC - London-based oil & gas exploration and production company with a portfolio of development and production assets in Texas, US - Sells 11,988 barrels of oil in the fourth quarter of 2022, up 10% from 10,885 a year ago. Yields net revenue of USD946,464, 23% higher than USD767,000 a year prior. Average realised price for the period per barrel increases 13% to USD78.95 from around USD70. Further, says Fouke wells produce at rates above the current field allowable.

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Public Policy Holding Co Inc - US-based government relations and public affairs firm - Net loss narrows to USD7.2 million in 2022 from USD23.8 million in 2021. Revenue climbs to USD108.8 million from USD99.3 million. Personnel costs increase to USD52.3 million from USD44.1 million. Declares final dividend of USD0.095 per share, bringing the total to USD0.14. In 2021, the company had paid a dividend of USD0.0065 for the 15 days between December 16, when it had its IPO, to December 31. Looking ahead, expects organic revenue growth of 5% to 10% in 2023 while focuses on building a pipeline of strategic acquisition opportunities in the federal and state advocacy markets and public affairs markets in the US and abroad.

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Savannah Resources PLC - European lithium development company - Notes closure of public consultation period on revised Barroso lithium project environmental report and mine plan. Expects Portugal's environmental agency Agencia Portuguesa do Ambiente to continue with review and to issue its environmental impact statement at the end of May. Chief Executive Officer Dale Ferguson says: "Portugal is fortunate in having high quality lithium resources which could allow it to play a key role in providing a raw material which the European Commission has identified as being critical and strategic for the region's energy transition, as it looks to combat the effects of climate change and develop new sectors in its economy."

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Sherborne Investors (Guernsey) C Ltd - closed ended investment company - NAV per share at Dec 31 falls 8.2% to 75.62 pence from 82.38p a year prior. Pays final dividend of 0.5p per share dividend for 2022, bringing the total to 1.0p, compared to no payouts for 2021.

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By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Dec 2022 11:22

CORRECT (Dec 09): Savannah Energy completes Exxon Mobil acquisition

(Correcting that the Exxon Mobil portfolio acquisition was completed by Savannah Energy, not Savannah Resources.)

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9 Dec 2022 19:54

TRADING UPDATES: Savannah completes Exxon Mobil portfolio acquisition

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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8 Dec 2022 14:41

IN BRIEF: Lekoil to change name to Fenikso as reaches legal settlement

Lekoil Ltd - Cayman Islands-based litigation asset company with an investment in oil & gas assets in Nigeria - Lekoil Nigeria Ltd on Thursday confirms the announcement made by Lekoil Ltd late Wednesday that the two sides have agreed to end all legal proceedings against each other and settle all claims. As part of the deal, the two companies agree to surrender all shares in each other.

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10 Nov 2022 15:52

TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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26 Sep 2022 13:38

EARNINGS UPDATES: Devolver Digital and Jangada swing to interim loss

(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Monday and not separately reported by Alliance News:

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29 Jul 2022 14:02

Lekoil Chair Olapade Durotoye to take up role with Savannah Energy

(Alliance News) - Lekoil Ltd on Friday said Non-Executive Chair Olapade Durotoye plans to take up a "significant" role with Savannah Energy PLC in Nigeria.

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25 Jul 2022 11:27

Savannah Resources shares fall on land ownership lawsuit against it

(Alliance News) - Savannah Resources PLC on Monday said it is being sued by Covas do Barroso Baldios regarding 1.4% of the ownership of land of its Barroso lithium project in northern Portugal.

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6 Jul 2022 11:42

IN BRIEF: Savannah Resources shares fall as CEO departs

Savannah Resources PLC - London-based mineral resource development company - Announces that Chief Executive David Archer is stepping down with immediate effect after nearly 9 years. He will be succeeded on an interim basis by Dale Ferguson. Outgoing CEO says: "I am immensely proud to leave the company and the Barroso Lithium Project well positioned to be a major European supplier of this strategic raw material."

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21 Jun 2022 22:13

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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8 Jun 2022 12:17

TRADING UPDATES: City Pub Jubilee boost; Fulham Shore fights inflation

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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1 Jun 2022 16:04

UK shareholder meetings calendar - next 7 days

Thursday 2 June  
Clontarf Energy PLCGM re issue of new shares
HealthBeacon PLCAGM
Friday 3 June  
no events scheduled  
Monday 6 June  
Alphawave IP Group PLCAGM
Minoan Group PLCAGM
Omega Diagnostics Group PLCAGM
Sensyne Health PLCGM re strategic financing
Tuesday 7 June  
Animalcare Group PLCAGM
Arix Bioscience PLCAGM
Centrica PLCAGM
Integrated Diagnostics Holdings PLCAGM
Kooth PLCAGM
Ondine Biomedical IncAGM
Osirium Technologies PLCAGM
SpaceandPeople PLCAGM
TruFin PLCAGM
Wednesday 8 June  
Ascent Resources PLCAGM
Cambridge Cognition Holdings PLCAGM
City Pub Group PLCAGM
DP Eurasia NVAGM
Gem Diamonds LtdAGM
Hiro Metaverse Acquisitions I SAAGM
Itaconix PLCAGM
M&G Credit Income Investment Trust PLCAGM
Nostrum Oil & Gas PLCAGM
Parity Group PLCAGM
Petards Group PLCAGM
Safestyle UK PLCAGM
Savannah Resources PLCAGM
Third Point Investors LtdAGM
Woodbois LtdAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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6 Apr 2022 12:05

EARNINGS UPDATES: Epwin, Wentworth Resources post 2021 profit hikes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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30 Mar 2022 15:14

IN BRIEF: Savannah Resources partners with ABB on Barroso project

Savannah Resources PLC - London-based mineral resource development company - Signs memorandum of understanding with ABB Ltd in connection with a decarbonisation study for the construction and operations of the company's Barroso lithium project in Portugal.

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30 Mar 2022 07:40

Savannah Resources strikes agreement with ABB

(Sharecast News) - Lithium developer Savannah Resources has struck a memorandum of understanding with technology outfit ABB as it progresses with its plans for a zero-emission lithium project in Europe.

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4 Feb 2022 21:26

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

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