Member Info for Diversified

If only the timing of my trades was as efficient as my last post lol! This is very very cheap and the trading action in the last hour or so has acknowledged that.

I don�t think the share price is that far away from an encouraging move up. Those that are trading this are trading with a volume that doesn�t represent your average Private investor. The opportunistic cost is frustrating but every dog has its day :-)

The current expectation is that Savannah and the Investors will enter into the required documentation (including but not limited to subscription agreements or some similar form) within 30 days (or such later date as the parties may agree) of the Company's shareholder general meeting to be convened in due course to approve the Placing and the Agreed Transaction. (RNS - 18/12/2017) Newsflow should continue at a pace and provide additional catalysts for the shareprice.

Each prospect is anticipated to take c.30 - 35 days to drill, and there will be a rig move of c.7 - 10 days between each well. (RNS - 07/06/17) The Company is also pleased to confirm that operations in Niger continue to progress ahead of the forthcoming three well drilling campaign in the Agadem basin, with all equipment and a security team for the programme now mobilised to the Company's newly constructed Jaouro base camp. (RNS - 01/09/17) Let�s see what they tell us in February, are we assuming they set up base camp close to all targeted prospects or nearer to the airstrip?

Now that Buffon would excite me. Having said that, we now have a partner in Sinopec who is trying to sell its assets in Nigeria and Gabon, as was reported by Reuters in December 2017.

Z - Ak stated that his objective was to �create a multi billion dollar company over time�, and I have no reason not to believe him. The free cash flow generated by the business which has a low correlation to the price of oil, it�s product has been online 95% of the time since 2014 and has a world bank risk guarantee supporting it is nothing short of astonishing considering this is a high risk, high reward company in West Africa. I am not sure if they will look to do anything that would constitute a reverse takeover in the future, but the sound of divestment in Nigeria by large multinational companies does not sound like pocket change.

Thank you A

You would of thought that this would be presented this week, most probably tomorrow. This must have been drafted in advance, pending today�s passing of the resolutions. A minimum, but most likely accurate representation of timing, would give us 20 business days from the announcement of this exchange before the second tranche of shares can be issued to fund the Niger campaign and of course the transaction as we presently know it, this will present a significant milestone on the timing of the Niger drilling campaign and a significant catalyst for the share price. I expect the shareprice to grind higher in anticipation of this announcement and then the fireworks begin. I await the timing of Malcys inclusion in his bucket list, the guy would appear to get a hard time from some posters but I enjoy listening to what he has to say. Operational news flow will come thick and fast on a number of fronts with a further two wells to be drilled in Nigeria, scheduled for later this year. The success with the drill bit this year could go a long way in establishing Savannah petroleum�s name/credentials. It would appear that the institutional investors were confident to see a return on their investment, I also don�t expect it to be a shabby year.

Their were those that invested at 42p and still expected to see this stock rise 500% after a successful drilling campaign, before the RTO was offically on the agenda. This wouldn�t of been unrealistic when you considered SOU market cap of �500M+ following its successful drilling campaign. So to attribute a �500m+ valuation for the Nigerian assets given the CPR valuation and a further �400m odd valuation on the Agadem assets following a successful drilling campaign. I honestly believe we could see a share price of 70 to 100p this year. Yes it�s true, when we guessed at a price prior to knowing the details of the transaction (for fun), I thought we could come back at over 100p, that wasn�t the case and I now know what to expect within reason. Am I happy with my investment that is currently under water? You bet ya! A cash generative business where it�s processing facilities have had a 95% uptime since 2014, secured by a partial risk gaurentee makes the risk reward extremely compelling imo! I look forward to holding this stock with comfort.

Near-term operational plans at the field include the completion of the Uquo-9 oil well and an 11km pipeline tie-in to the Uquo CPF in 2018, which is expected to deliver oil production of c.1,800 bopd, and the drilling of one new gas well to maintain GSA DCQs. Take this into consideration and a successful marginal field bid which I am not pinning my hopes on, and the newsflow from drilling activities could be immense. The admission document has told us that the funds from the warrants would be used for further drilling in Agadem and it is my belief that the strategic alliance agreement will provide us with the funding for the marginal field bid and development. Very exciting times

Today's share price reaction is probably an acknowledgement of the following statement from the admission document: 1.8 The Lock-Up Amendment Agreement provides SSN holders who are currently party to the Lock-Up Agreement with the ability to withdraw from the Lock-Up Agreement until 5.00p.m., 5 January 2018 The Lock-Up Amendment Agreement provides all SSN holders who are not signatory to it with the opportunity to withdraw their accession to the Lock-Up Agreement until 5.00 p.m on 5 January 2018. If an SSN holder withdraws their accession to the Lock-Up Agreement, they will no longer be bound by its terms. If one or more SSN holders choose to withdraw from the Lock-Up Agreement it could have an adverse impact on the timing and implementation of the Transaction. It is my opinion that as the transaction progresses through the milestones, the transaction becomes de-risked and the share price will move to reflect an improved chance of this transaction completing on time and on budget. I have no doubt that the assets to be purchased at distressed levels are not justified by the current share price.

Jim - you can only re-evaluate a change of circumstances once it has been presented to the market. I am happy with this change as should they have started drilling without improving the financial position of the company my intention was to sell 50% of my position prior to results to minimise my exposure, thus reducing any respective loss/gain by half. Now I can play this investment with 100% of my original investment throughout the Niger campaign, plus sum. Now I only need less than half the upside for the same ultimate return. SIMPLE.

If Savannah started to drill its prospects before doing something strategic, in an environment of lower oil prices and when multinationals were/are reducing total capex making JV on favourable terms few and far between. Risking the companies financial security with only three drill bits, it’s a boom or bust scenario. SAVP are now looking to evolve into a cash generating business and take advantage of its larger corporate profile to secure favourable deals. It will now have access to funding on a favourable basis to pursue its Niger dream on its own should it choose too. It made business sense to wait. Meanwhile the oil price is increasing, new prospects in Chad closer to Niger are being explored, pipleine discussions are set to restart and Savannah adding to the Republic Niger existing reserves will only improve the economic case for building a pipeline to export its product. To say Savannah has been saying it will start drilling for two years is correct, but to drill would have been short sighted and a perfect trade for those that want high risk v high reward short term multi bag potential. (No infrastructure/funding, look what happened at RKH share price long term). So what if the ability to achieve those returns has been pushed out by twelve months or so, at least I’m not invested in that boom or bust scanario and as such can afford to have greater financial exposure to SAVP due to the limited downside presented by the SE assets, but all the upside and reduced exposure to dilution down the line should SAVP decide to develop its Niger assets.

Joe - just look at Jim’s last comment. Can you not understand why I and others find it difficult to discuss this deal in amongst some of the blatant bulls”*t on here. Many of the things you and Jim have brought to my attention I have discussed with IR and the reassurances the company provides allows me to keep my shares with a high level of confidence. I don’t know if Jim is deliberately trying to cause unrest or he is a bit simple, either way it’s getting beyond a joke!

I don’t think it is relevant to compare SAVP to Afren, if I’m wrong I will eat my words. I think far too many private investors were bitten by the Afren affair and it’s adversely affecting some people’s investment decisions.

Joe - have you actually contacted IR regarding any of your concerns and had a response? Joe - gaining insight is why I use these boards too, however, I understand the deal differently to what you do and as such I disagree with your pessimistic view. Am I wrong for having a different opinion to yours regarding the prospects of this company and my interpretation of the admission document? Absolutely not!

Is going to be a very good month for this stock imo. Newsflow is likely to continue at the same pace and it’s very difficult to talk down a rising shareprice. Currently those that don’t like the stock will find it easy to talk it down when the share price is falling and say I told you so. The noise will disappear when this decides to bounce, the current volume of shares traded since the stock has returned is indicative of any share under similar circumstances during a holiday period, small volume can accentuate the shareprice in either direction. Given the fact that so many here seem to be hell bent on trying to talk the future of this company down, I think it’s time we wait to hear of more information from the company before making any foregone conclusions, the GM on the 8th should put a lot of this to bed. It’s interesting to see that all those that have publicly bashed this stock and all contained within the admission document have now stated that they have sold their shares, yet they continue to post. Strange. As a LTH let’s see where the share price is as of March 18’

Seven Energy's midstream gas infrastructure assets are fully ring-fenced and serve as security for the company's USD385 million Accugas loan. The same security applies for the rest of the assets under the SNN’s. This lock in agreement insures we are all singing from the same hymn sheet and the chance of success is very much in our favour imo. Whilst it is not without its risks, the biggest returns for this stock concerning the transaction are upon its completion. AIMO

Jim is best filtered

I cannot believe this board has been taken over by one individual who is acting like a complete troll. Let the shareprice do the talking, he will soon disappear. Pijoe - not surprissed at the placing price given what the admission document disclosed but still think this transaction is more likely to happen than not. Time will tell.