Member Info for AIMtodeath

Not as terrible as ITV it seems........ At least you have a profit here.

SP drivers short term.... Grandao drill results for new area ongoing. End of May expected scoping study for Portugal along with JORC upgrade.... And no doubt will be converted as much as possible to indicated. Anytime in-between Oman could finally give final approval (Oman mining sector overhaul coming to an end). So whilst waiting for scoping study and Jorc you could get more drill results and possibly Oman that could set the wheels in motion away from this price.......and with the dark pool drying up there will be no downward pressure on any positive sentiment in price.

This is not really liquid enough to read the candlesticks and trends, as very minor things/volume will move it that will change a pattern quickly. Agreed there is a 'short term' shallow down trend but all shares in the Lithium market since Xmas suffered a correction (for those that were riding high)/general sell off of all others, due to ill reported scaremongering of the market by a few sources (mostly debunked by the rest of the professional commentators in the Lithium space), then due to the corrections in the leading players a buying opportunity arose for those having missed the surge at the end if 2017, so there may have been some capitulation to those with nearer term production that dropped 30% and we on here have an underlying feeling there has been dark pool liquidation of Beaufort stock which will finish soon no doubt (SAV has not been doing fund raises through Beaufort such that they would be picking up large amounts of stock - only what they personally chose to buy). I could also add that some people may have wanted 100Mt JORC because they see that as big money but it's also epic costs. Some people may have bailed after buying pre Xmas having not seen Oman progress in the timescale they desired, given other opportunities through corrections etc. Then it top it off there has been international market volatility scaring some out of their shares since new year. Soooooo given the above its hardly anything that SAV as a company has done to warrant the small slide....and be careful to note the timescale vs the previous year (ie this is well inside it's range for the year)..... If anything this should be seen as a buying opportunity and one that may not last long, the market headwinds in general will fade, with Portugal starting to gather momentum (and EV market exploding) and Oman capable of dropping anytime, it's certainly primed.

Talking about European lithium exploration that totally failed to promote Sav but happened to 'speak' to EMH could well have got them 25% rise this morning out of the starting blocks! The writer was flagged up on twitter by Remy and SAV I think have written to writer in disbelief at the omission. It looked like a paid article though hence the narrow mentions. Just shows though the potential for fast interest.

Not to say you won't get positive drill results periodically on Grandao Extended.

The reason to punt is not whether there is dilution, it's about the use of the dilution and value creation that could bring. Do you believe that Portugal is setting up to be a great play at the right time? Despite delays in Oman, copper plays are heading to a tight market with few new mines in pipeline and forecast higher prices. When that's all been delivered a nice big project in Moz waiting. This is what I would be thinking about. Will any dilution to bring these to fruition increase the value of your holding in next 2 years? Good luck.

Err, you can't have your cake and eat it. 1. All AIM explorers will dilute for funding. So that is unavoidable. Don't invest in AIM if you don't want dilution. The dilutions are not just paying wages but development of a major project at an exciting time for the Lithium industry. 2. The money raised has been at very low discounts to SP, includes no fees or free shares to companies like Beaufort, so you couldn't ask for better terms on fund raises. The middle of the year with warrants was to break back of Portugal and derisk it. No warrants on last placing. 3. Most have gone to a very sticky group of LTHs so those shares are not hitting the market and creating an overhang. 4. Any additions you want to make to your holding can be made very close to the SPs at the time of placings. 5. You can ask Savannah Resources to be part of placings, but a. They might not entertain you wanting 50k shares or b.it is at a time and price you need to commit to. Not interested in umms and ahhs, not sure. I would also think servicing lots of small investors wanting a few shares would be administratively expensive at a placing, so money saved there as you don't need the brokers et al involved. 6. I might like to see the last raise of funds to go into production for Portugal to be an open offer however. But again low costs and tight to SP does not fuss me as the value add to SP will more than make up for the dilution required to take it to production. Hope this helps.

Exactimondo.... However the housing ministry could be delayed by the finish of and final plans of the mining sector post LABS. I think when you apply for PAMS they are bound by a period of time to give licence?? So they don't want PAM applications until they have the mining code confirmed, best way to do that is stall the final authorisations needed to instigate the PAM applications. Well thats what I suspect. Scoping study can not be complete without the final tax %s that the new code will be applying so cannot be released until figures are set in stone. Moz - market still improving there, no hurry to jump in yet, Oman and Portugal are better near term prospects that are front of the queue for available funds. There may also be an element of Rio not too fast on the processing of the test mining output as they don't want to be pushed forward until they are ready, and that output is needed for the PFS. (apparently they have 25% of world's output in SA that is being put on hold due to strikes by suppliers, so they may want a new safer location sooner than you think.....also prices will surge if supply of this magnitude is taken out of the market) Production for Moz is still pencilled in for 2020 though, so no change there?

boots, as they can get whatever they want now at the placing price....haha.

April RNS. Even if you add the 6 Diamond holes to the 120 RC holes thats another 10 holes minimum in 8-10 days. They are marching on. Grandao deposit was defined on 40 holes, Of the 14 reported additional strikes, there are another 11 not reported already drilled and maybe another 10 in last 10 days, gives you 34 holes on top of the 40 for the JORC.

It irks me delays but they are fairly justifiable, clearly Oman was going no where whilst the mining sector was overhauled, bad timing? Or it might be better in the long run mining under the new internationally recognised charter. I feel SAV have not managed expectation well with the obvious elephant in the room re: mining sector overhaul going on. LABS is reviewing the proposals in the first 2 weeks in the 3rd week for implementation. So I see May as the trigger in actual sector movement, as the t's should be crossed and i's dotted on the sector to move forward. LABS is happening and has a goal orientated time period, things are being discussed, agreed on and will become actionable at the end of LABS. There is not foreseen LABS 2 or other grand meeting, this is the meeting to end all meetings on the 2 sectors in question. Pick between moving Portugal forward or Moz? Well Moz has value and a good partner but its not in the same league in terms of market interest and where the money is sloshing around now. Moz is costly to take forward and that money near term has a better target to create value and money to the company that in turn will make Moz easier to finance and bring forward. I also think that Oman was also seen as a financier of Moz costs in part going forward too, so Oman derlays inevitably mean Moz delays, unless you want to pay for it all now in equity. Better to slow it down and move forward with the least equity release as possible even if that means more jam tomorrow. Things change on so many levels all the time, can you move with the changes and appreciate the changes for what they are, realign your expectations or you can be rigid and not see the wood for the trees.

Often one would see shares being allocated for just being there a period of time to get them regardless of any milestones. However its a little bit of an insult to get a performance bonus for Oman, albeit the process was outwith their control in actually getting the licence. I can only assume Moz is on back burner due to its cost, but again a bad performance indicator sought. Portugal probably fair.

I thought they bed and partial isa'd or something, holding 100k back. But fat chimp fingers obviously to blame.... There is a chance those over subscribing at the recent placing could look to block buy the remaining shares as they would be at virtual the placing price anyway. Everyone gets what they wanted. David might be able to hook the administrators up with willing block buyers to get this finished once and for all. I've suggested it, if you don't ask you don't get. Alternatively some realllllly price changing news would provide the liquidity for a fast exit..... but news like that just seems not to stick! Oman.....heaven forbid, or another handful of 90m intersections could help things along!

In general the price action to the uninitiated looks awful, the bed and isas looking like 2 big sells, the buys falling inside the middle of the spread showing as sells and a dropping price.....enough to scare a few more people out of their shares or look for greener grass. Team Sweden 500k shares and 2 x 250k over the last few days is a good 1million shares with no selling to support the liquidity for that.

Where they talking in general about all the AIM stocks Beaufort were involved with or did they mean SAV specifically? This last week shares have been on the ASK a plenty but no retail selling to supply them, so they must be coming from the dark pool. At least a million this last week has had no sells to support that buy volume. They received no shares from placings and they aren't a MM, so would they fall in a category that they would have to declare ownership of shares above 3%, which of course they have not done. If they would be in a declarable position and didn't have over 3% I suppose the maximum amount of shares they owned would be up to 20million shares..... Pity I did most of my topping up in the 6s!!!!

So todays actual transactions are more like Buys - 460k Sells - 86k Bed and Isa 360k +/- go figure!

Again there are more more buys than sells today yet they have dropped the ASK and lowered the buy price. To the average retail investor they just see sells today and for the last week of large values because of the bed and isa's. Perhaps they are trying to give the impression of them being actual double large sells scaring people into off loading more. Any buy that falls below the middle of the spread shows as a sell, so all the 5.6s today are buys, the 360ks are a bed and isa. Gives a different impression of the transactions otherwise some might think it was all sells today.

Easy to branch out and invest when VW give you an order for $24B worth of batteries!

Actually what I said is pants, if there is buying they shouldn't be too worries about other sells as they are getting bought up.....just there is not any sells of note showing to justify the buy price action and non movement of big buys.....

Maybe in a few days we will see a couple of million sell as they don't want you selling when someone is buying large amounts, i.e. they only want to take the sell of the 'negotiated' trade..... maybe its the final hurray of Beaufoirt being negotiated out as I cannot make sense of the price movement! That 500k and the 250k today should be way higher in price and there has been more buys than sells this last week (despite it looking like more sells due to the spread arrangement.)