Member Info for ChameleonMan

Maybe further discounting the laggards Oman and Moz?Oman will probably not offer a licence until the new mining regime is in place “this year”. Moz will not start earning until Rio and chums are desperate for more Ilminite maybe next year or after, so we look to Portugal for nearer term news. An offtake deal announcement would be very positive but the rates would be better following a full JORC resource estimate and the nearer we get to production. I remain confident but it may be a test of patience and nerve over the coming weeks?

Thanks, he’s not a speaker but maybe networking if you are right? The big players are there: link is http://www.metalbulletin.com/events/battery-materials/agenda.html Interesting to read what issues are on agenda for lithium.

Can’t find any reference to a Beijing conference? Isn’t the ILC conference in late June in Perth this year? http://lithium.ausimm.com/

Road show? What road show?

Well done! Anyone owning up?

I’m rather hoping that we may have signed an offtake or streaming agreement by then with some up-front cash paid.

Muldoon with regard to your comment on 100m shares, I may be missing something but my understanding is that all that remains to pay to Slipstream is Aud $1.5m plus 20m shares subject to enhanced JORC as follows?: Milestone 2, being an obligation to issue a further 20,000,000 Ordinary Shares and to pay an additional AUD1.5 million (under the May 2017 share purchase agreement), will be realised within a 30-day timeframe of an announcement of an additional 5.9Mt inferred mineral resource estimate, being the balance of a total of 15Mt at no less than 1% Li2O (which is the combined target for Milestone 1 and Milestone 2).

The price 2 years ago (April 2016) was 2.38p. Please tell me where I can find a cash ISA that doubles my money in 2 years and I will gladly invest?

Once again this highlights to me the importance of SAV hiring someone to focus on PR - press, social media etc. The benefits are tangible in terms of investor interest as witnessed by the buying in EMH today. You can’t blame the WSJ journalists if they are not getting fed the latest information. You just can’t rely on them finding it themselves. We have a great story. We just need it “evangelised”.

Agree with the sentiment. One too many spinning plates to manage I imagine?

Are you referring to “Savannah, through its Finnish subsidiary Finkallio Oy, holds a 100% interest in two lithium assets and during 2017 we have sought expressions of interest from a number of groups with an energy metals focus interested in acquiring these.”? I read that as “we are looking for buyers” rather than “we have had offers”?

In what way do you consider Oman to be a cock-up? The original estimate of 2017 production was always described by DA as “challenging” and anyone with experience of working in industry knows that CEOs promote these targets as much as anything, to stretch the team. We received new information today about progress on the process plant and tailing storage facility indicating that the project planning is very active, not stalled in any way, so give the team in Oman a bit of credit?

Can’t really see any new concerns arising from this morning’s RNS. We still have three valuable projects at that difficult transition between exploration and production. No set-backs have been announced. Greater clarity on progress and timescales has been given. Rewards for maintaining the momentum have been put in place. There are no great uncertainties justifying risk-aversion selling, rather there is plenty of value-adding news in the pipeline. Now is surely the time to be adding not selling?

I note that MRG Metals, undeterred by the slow progress of our JV mining application or the bad press created by Chinese miner, Anhui, is buying the plot next door. http://www.miningnews.net/m-a/news/1335938/mrg-bobs-up-with-mozambique-mineral-sands-opportunity Perhaps a fresh voice may yet sway Mozgov to take more notice. Meanwhile Moz has sunk into the SAV news background as we “throw the kitchen sink” at our Portuguese ambitions. Personally I prefer our focus to be on lithium at this time.

Offtake deal as well looks like a new funding model for lithium miners. http://kfgo.com/news/articles/2018/apr/06/softbanks-first-lithium-deal-raises-prospects-for-junior-miners/

You may be preaching to the converted but your’s and Iceberg’s insights are always informative and welcomed. Also there have probably been as many if not more buys from existing shareholders than new so retaining and supporting LTH confidence is a worthwhile objective. Pleased to see that you are continuing to buy in the retail market as well as through placements which also builds confidence!

Yes, important to keep Altura DFS in mind. Is this the kind of financial projection we could be seeing in SAV’s DFS? : Key Altura DFS Details $AUD Total Revenue 2.074B Total EBITDA 1.064B Net Present Value 411M LOM Cost 316/ t IRR 58.1% Payback period 1.8 years

“If only they could invest in the UK and appreciate how SAV is the most undervalued lithium play out there” Perhaps a listing on the ASX would enable us to tap those funds?

I prefer it quiet for the time being. Would rather not have an influx of traders shouting the odds and regurgitating old data to drive up their short term profits. I believe that at the right time we will get an offer for our shares we cannot refuse. Until then we still have a chance to build our holdings at bargain prices.

So DA has promised the Portugal scoping study and revised mineral resource for May! Will be quite a month it seems!