Member Info for Gringosmith

David Archer, Chief Executive Officer of Savannah said today, "We are pleased to have completed this heavily oversubscribed fundraising and to be able to welcome a number of significant UK institutional shareholders to our register. The funds raised will allow us to continue to fast-track the development of our Mina do Barroso Lithium Project, which has the potential to be the leading European producer of spodumene lithium.  The net funds raised will enable us to advance our project in Portugal through a Feasibility Study, with a view to making a final development decision early next year."

David Archer, Chief Executive Officer of Savannah said today, "We are pleased to have completed this heavily oversubscribed fundraising and to be able to welcome a number of significant UK institutional shareholders to our register. The funds raised will allow us to continue to fast-track the development of our Mina do Barroso Lithium Project, which has the potential to be the leading European producer of spodumene lithium.  The net funds raised will enable us to advance our project in Portugal through a Feasibility Study, with a view to making a final development decision early next year."

David Archer, Chief Executive Officer of Savannah said today, "We are pleased to have completed this heavily oversubscribed fundraising and to be able to welcome a number of significant UK institutional shareholders to our register. The funds raised will allow us to continue to fast-track the development of our Mina do Barroso Lithium Project, which has the potential to be the leading European producer of spodumene lithium.  The net funds raised will enable us to advance our project in Portugal through a Feasibility Study, with a view to making a final development decision early next year."

There we go 11.5m placing @9p

Vegas looks like the place to be. Major battery manufacturers present, and to perhaps have a word in their ear about potential Lithium supply in Europe.

Same as the other two.

Very tight spread again. 12.7 are buys 12.6 sells and another 924,000 popped up.

Savannah Resources plc (AIM:SAV) ('Savannah') or the 'Company'), the AIM quoted resource development company, announces that it has issued 3,051,190 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at exercise prices of 6 pence per share and 4.62 pence per share (the "New Shares"), following the exercise of warrants and share options as per the table below:

A very thorough analysis of SAV - thanks Matt. I like the thought of an anticipated return of 300-400% in the next two years. Patience is key in this respect.

Exactly! Opens up a whole new level of investors.

Wouldn't be surprised if any placing gets snapped up by existing/cornerstone investors.

"David do you have any intention of moving to main listing?" "No we don't, not at the moment" DA sounded a bit peed off about that question. Probably wishing he'd never spoken to Sunday Express

Yes a definite leak. Someone should be strung up for this. FCAP first stop.

Will be interesting to see how many FCAP have to sell into the rise.

Will be interesting to see how many FCAP have to sell into the rise.

fcap on 17p to buy pre-opening

Scope to expand resource. Also there's a payment which is triggered at 15mts so I'm guessing DA is holding at 14mts for that reason.

Savannah Resources Plc Scoping Study for the Mina do Barroso Lithium Project Delivers NPV of US$356m Solid Basis to Fast Track the Project to a Feasibility Study Savannah Resources plc (AIM: SAV and SWB: SAV) ('Savannah' or 'the Company'), the AIM quoted resource development company, is pleased to announce the results of its Scoping Study (the 'Study') undertaken on the Company's 75% owned Mina do Barroso Lithium Project ('Mina do Barroso' or the 'Project'), located in northern Portugal (Figure 1). To view the press release with the illustrative maps and diagrams please use the following link: http://www.rns-pdf.londonstockexchange.com/rns/3422R_1-2018-6-13.pdf

Scoping study out $356m !!!!!

another idiot from gwmo.