Member Info for bigsocietymyarse

“China's General Lithium to launch 60,000 T spodumene converter by end-2020”? So what? You’re not just trying to push the uncomfortable truths about this share down the message list are you, CM...?

There’s a fair bit of speculation, supposition, assumption and guesswork that could be cleared up with an RNS setting out what progress has been made since last May and what the next steps are. I don’t think it’s acceptable that investors with hard cash in the game who have seen zero return on investment for a year are kept so completely in the dark about progress. Mining was supposed to start at the end of 2016, then 2017, then 2018 and this radio silence is destroying not just Oman’s credibility but also DA’s and SAV’s. I wonder if our 30% invested partner knows as little as we do?!

“Approvals or ''no objection'' letters have now been obtained from all eight of the required ministries for the Maqail South and Mahab 4 applications. Discussions are now underway with PAM to move towards the award of mining licences” That was 11 months ago. Would anyone on here ever again invest in a company planning to mine in Oman?

General gist of it is don’t expect any significant SP movement today. An Oman or Moz update would have been nicer.

Rinse and repeat pretty much sums up nearly every RNS. I think it was back in 2015 that DA said in several RNS’s that it would be a transformative year in Oman for shareholders and the SP. Hey ho, though, we can rinse and repeat the same story in Portugal.

Is now so long overdue it’s beyond a joke. Anyone out there still not thinking that something, somewhere is corrupt.

Savannah's CEO, David Archer said: "We have completed the fourth and final stage of the environmental application process with the lodging of our EIA permit applications. Accordingly, all regulatory applications for copper mine development at both Mahab 4 and Maqail South have now been submitted. Whilst we await the granting of our Mining Licences, I am pleased to report that we remain highly active in order to ensure the timely delivery of these copper mines. This includes appointing IMO to undertake an Economic Study, auditing the resources at both deposit areas, conducting additional metallurgical test work including tailings thickening, and developing a detailed mine design and production plans. We are also assessing several processing plant turn-key solutions. "This is undoubtedly set to be an exciting year for Savannah, which should see us transition from a development company, to a mining company and we are keen to lead the way and deliver the first new copper mine development that Oman will have seen for several years." May, 2017

How fast are we burning cash and what ROI can we expect / milestones will we pass before we need to to start planning another fundraiser.

Terrible tragedy for the country.

“... to help accelerate investment in Oman’s mining and mineral processing industry” megalols!!

...think that RNS was begging for likes, slightly?

Oman!

Drops like this precede an RNS, although not necessarily one that causes a rise unfortunately. Makes no odds to LTH’s - still a good story, although a very different one to why I bought in...

With a stronger economy, more worker’s rights, more holidays, better quality of life. And a better football team...

The Gvt isn’t “...looking to bring forward...” the date. It’s being lobbied by one group to do so, and by another group not to do so. I really don’t think it’s pedantic to point that out - it’s the difference between working with facts and finding hope in anything to support an investment choice.

What’s the difference between ‘can’ and ‘will’?... “Savannah can increase its interest to 35% upon delivery of a Pre-Feasibility Study, which is currently underway, and to 51% upon delivery of a Feasibility Study”

SH4B: the person who resorts to insults in a debate demonstrates an acceptance that they’ve lost the debate.

It actually seems that nearly everyone believes this project has no value, given that the SP doesn’t even reflect the value of Portugal alone. Whatever happens with the copper resource in Oman, I don’t think it will ever bring any £benefit to SAV. We’re getting mugged and the details of the mugging will come out in the end. The whole thing stinks to high heaven and has done for quite some time.

So that explains yesterday’s fall. Everyone seeing straight through the charade. Investing our money in someone else’s future fortune.

SAV starts trading on Frankfurt SE. Good move.