Member Info for AIMtodeath

Fallen back a bit as it bumped into yesterdays open price, hopefully another shot at it after profit taking,

Well a few chunky buys taking shares off the scared and stupid today.

No more money to take advantage of any drops unfortunately.

A man of many words.... ;-)

Reversing yesterday's decline.

For some extra pennies...... low volume drop on a known matter not related to current valuation and near term value....

With the ASK at 8.3p every buy will show as a sell currently.

With Exploration licences you would be commited to spending money in a certain time frame or risk losing the licence.
SAV has plenty to do with the current licence and will be busy for some time. You would have had a long wait to see any exploration in any of these areas and they woul dhave had to be separate projects due to the distances.

Todays drop says people thought there was 0.5p in value to a handful of overlapping applications.....not a chance.

Yep they pulled the rug on thin air

Gooing to try it on by the look of it.....

1. We only ever had about 3rd of the applications 100% for us, rest over lapping, so never given on anything that was overlapping. 2. Public knowledge since end of March this year that Portugal was tendering these areas. So the market has known for some time. 3. Those paying attention to the round of presentations done at end of June would have seen the notes at bottom of slides saying these areas were going to tender. So, if you didn't already know this then your not well read enough. The 9p placing oversubscribed knew this was the case as it was openly admitted by Savannah since end of June. The only people selling in the morning are those that see this as new news.... Trading and investing are very different, if your investing it's the value in a year that's of interest not short term fluctuations....

Then the price of nickel going to $10k? Because until it's there, plenty if money to be made in this project.

Only so much bid could take, people selling on the price of nickel not the demand or quality of the project.....

But yet nickel demand up 38% first half of thus year and inventories going down....

Dale gets a fair few free shares through the slipstream deal, so likes some money in his pocket rather than being knee deep.

11th Oct 2016
Rio Tinto and Savannah have entered into a new Consortium Agreement following consultation with the Ministry of Mineral Resources and Energy of Mozambique (‘MIREM’)
To expedite commencement of Savannah’s operatorship, the Company and Rio Tinto have agreed to transfer legal ownership of their projects to a Consortium company only at a future date (which is expected to be subsequent to grant of a mining lease), subject to receiving the prior written approval of the MIREME to transfer of legal ownership in accordance with Mozambique’s mining law and regulations
Savannah will operate Mutamba/Jangamo

In interests of getting things moving faster, application done in name of Mutamba Mineral Sands but Moz Gov know we are the operator and it will be a consortium after they approve licence.

ran out of steam after someone took a position this morning.

Did you ever do an assignment in week 5 that needed to be in week 6.......haha.

I used to run across the quad at 9.55am on a Friday with the ink drying to hand in my assignments/reports etc.

They will only start looking at it at month 6 probably. I would not get too excited by this, PFS not until next spring, so plenty of time for them to do some work.
we are in a good location, with little in the way of land disturbance and ecological impact, tied in with what was described as an industry leading volume of work with every t crossed and i dotted no doubt to ensure the least resistance to the licence. Show them your full hand and hide nothing, they have nothing to query or question. They will have to query something or it would appear they aren't doing their jobs, so have to jump the hoops.
Think having us as the lead puts Rio just in the funding seat and in the shadows somewhat, big companies have a bad rap in Africa for good reason, we can be the poster boy for good practice.

Now thats a great capital gain!

a line of 3.85p supposedly sells finishing in a 130k (popular sell lately) and the BID moves from 3.8 to 3.84p

Don't mind MMs hungry on the BID, its a good sign!

On it goes. Held well but only so much MMs will take.