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totally agree IB... Mina Do Barroso is 5km2.... our total licence package is over 1,000 km2....! but I think just Mina Do Barroso (mining licence included) can turn out to be a 40mt project (from current 14mt jorc resource)... God knows (or David and Dale know) how big the entire project will be further down the line... another Pilbara minerals?

pedro - if you have been so patient with your investment and gone through sub 2p, you might as well keep your investments a few more weeks to finally make decent return. in terms of valuation.. I strongly believe the lithium project at this stage is worth about USD 300mn (hopefully scoping study is close to that) and it is clear the upside is double that once we progress towards DFS. so if the scoping study tells you NPV is GBP170mn net to SAV, the mkt or the strategic partner will defo pay close to that valuation to get a piece of the supply, knowing full well, the porject is reallyt worth double that at least. so 170mn GBP is 23p share price equivcalent. and thats for phase 1 of one of 3 key projects for SAV. Pedro....a few more weeks when you ve been waiting 4 years....

https://www.londonstockexchange.com/products-and-services/technical-library/technical-guidance-notes/technicalguidancenotesarchive/release.pdf

Stratmin Global Resources which was quoted AIM until August 2017, is expected to join NEX Exchange on 14 June. It originally said 6th of June.

the renewed pop over 10p coincides with early new york buyers coming in. I think we are on the radar of a few instit funds in the US which might help push prices higher this afternoon.

while its very exciting to focus on share price alone and % rise in a day or week.... the truth is this stock is still very very cheap based on the fundamentals. Right now at 10p, the mcap cap is GBP 70mn. The scoping study due any day this month is likely to show an NPV of roughly USD 300mn. and thats for roughly 15mt at 1% Li2o. What is likely to happen is we gonna have way more than that by the time we publish the DFS by year end. So i expect NPV to improve towards USD 500mn at the end of 2018. with SAV holding 75%, thats is GBP 300mn of NPV for SAV as per the DFS by end of the year. This is all speculative at this stage but the JORC so far have been better than expected and there is plenty of comparable projects in Australia 1-2 years ahead of us to work out some realistic numbers. in share price terms, thats a project that will be worth roughly 35p for SAV. and dont forget we have a World class HMS project JV with Rio Tinto in Mozanbique and a small but high margin copper project with quick payback in Oman. so 10p today is still massively cheap.

Look at Kodal minerals and you realise SAV is the right type of company to invest in. KOD has started work on their lithium prospects in Mali more than a year ago and have close to nothing to show for it. No JORC, No study. However, they signed an offtake agreement early on, which i was jealous about relative to SAV. But this clealry didnt help speed up the explo/development process and today, they are raising money from those same guys at a valuation of 10mn GBP (0.13p price) despite trading at 0.40p a few months ago. That is why there is a premium to be paid for a Management team like David Archer and Dale Ferguson. For those new here...dont forget DA invested over 1million dollars of his personal money in the company and didnt receive a salary the first year. So far, he has invested more cash in the company than he has been paid net of tax over the past 5 years. So the only way Savannah is worth it for DA is if he makes a killing on the share price...like us ! We are 1 or 2 weeks away from the scoping study in Portugal... this is very very important and will open the door to very substantial interest from Asset managers and more importantly tier 1 industrial partners.

Genuine article in their financial pages. Check their website, it's free.

agree the board needs to come out andshare their views about the seasonality risks of the business and the outlook for 2018. Note that only about 5k worth of cash has been sold today and we dropped by over 5%. maybe we see low 6s... at this price i will add. the odds are too attractive even with poor q1. If q2 looks decent, the share price will normalise to 10-12p quickly. thats 50-75% return in a short time.and long term fair value is 20-25p if numbers improve as per original mngt expectations.

while we were talking literature... price just squeezed into the close 8.2/8.5 .. not bad.

I pre-ordered the book on Amazon.co.uk

one of my favorite books is "The Big Score" by Jacquie Mcnish. Its about the discovery of the Nickel deposit at Voisey's Bay in Labrador (East Coast Canada). The main Character is the famous Robert Friedland. im in the middle of the book (its my third read) when the geologists and drilling crew have hit massive sulphides after a few holes. For months, the big boys ignored this penny stock but after the holes kept showing amazing grades, the bigger players in the world all went chasing the company (Diamond Fields) like crazy and the stock went to the roof (thanks partly to Friedland's promoting skills). It reminds me of where we are at now. this portuguese deposit is becoming more and more important as we keep upgrading our resource. Once we have the scoping study out, the big boys will have no choice but to pay attention and actually make a move. Do read this book, it is fascinating, especially in the context of where SAV is right now.

didnt go but had a reply from Brett. 1/ Admission Document to be filed tomorrow with the exchange. 2/ Final court hearing on Friday in Australia to complete the Scheme. 3/ Shoulb we trading within 2 weeks from there.

we might see a further spike when north america comes in. Personally I have a friend (SAV holder) whose parents are in canada. they have started to buy last week.

the timing of the rises in the share price seems to suggest the aussies and the americans are starting to get involved. I could be wrong and this is all UK based activity but DA's visits and the resulting share price action and timings look interesting

congrats and welcome. You should be rewarded in no time. The momentum is very supportive and the news calendar is very exciting over next few days and weeks.

7.65-8.00 market on IG

yes ! looking fwd to this week. even the Royals use electric vehicles... maybe the Queen will be our strategic partner in portugal

haha thanks for the personal pick Chameleon. i am as happy as you to see the share price rising. and if things progress quicker than i expect in Oman, then its great, ill be celebrating. I am fully aware that if SAV can start producing copper by year end an start generating 10mn+ of free cash flow from 2019, it would be a great fit to start funding part of the capex in portugal and reduce dilution meaningfully. But i reiterate that Oman is a very small asset (have we ever increased the jorc in Oman over the last few years - how bid do u think it is) compared to Moz and portugal and that if you discount the poor bureaucracy in Oman, it makes the asset much less relevant than the other 2 an especially Portugal which i repeat is turning out to be a beast. Now based on Alara suspension, one could suspect Pam is about to sign off on a mining licence for them, and hopefully for SAV very shortly. this would be amazing timing. for me, today's rise is long overdue for many more reasons than Oman admin progress. Mina Do Barroso is easily worth over 300mn USD as it is. I think the project can increase 50-100% in size by the time we produce spodumene. regarding Oman, please let sav prove me wrong and we shall all be celebrating at the pub together.

not ASX? NEX you mean?