RE: Driving home for Christmas24 Dec 2025 07:02
@Inbrackets
We completely get your perspective—it's a tense time for anyone invested in Savannah Resources (SAV.L), especially with the holidays amplifying the wait for key updates. The speculation about news being "slipped out" over Christmas to bury it is common in mining stocks, but based on the latest available info as of December 24, 2025, there's no announcement regarding the remaining (second) administrative easements for the Barroso Lithium Project. Recent Developments the most recent positive news was around December 19, when Savannah announced the acquisition of the Aldeia mining lease (adding a high-grade resource and moving toward full ownership of key areas). This aligns with what you mentioned about "confirmations this morning" (or recently) reinforcing build-out plans and the company's confidence in progressing. They've been vocal about expecting the easements to land, with prior guidance pointing to Q4 2025 or early 2026 resolution. The timeline has slipped before (e.g., DFS now targeted for H1 2026, first production 2028), largely tied to these land access approvals post-municipal elections. No RNS or official update has dropped in the last few working days before Christmas, and nothing appears to have been quietly released.
On Timing and Sensitivity
You're spot on about the human side—if positive news comes, great for shareholders, but announcing major project advancements (especially ones involving local land/compulsory access) over the festive period could indeed feel insensitive to the communities in Covas do Barroso and surrounding areas, where opposition has been strong. Repeating that association annually wouldn't help build trust. Governments and companies are usually mindful of optics, so deliberately timing bad (or controversial) news for the holidays feels less likely here than in some other sectors.
My Take
Overall, the lack of news right now isn't surprising or necessarily negative—it's more a reflection of bureaucratic pacing in Portugal rather than deliberate burial. Savannah's recent moves (lease acquisition, resource upgrades, EU strategic status retention) show momentum, and lithium market tailwinds (spodumene prices recovering) add to the underlying confidence. Hang in there through the break; if nothing emerges in these last days, it probably just rolls into early 2026. Either way, the project's fundamentals as Europe's largest spodumene resource remain solid for the long term.
Wishing you a peaceful Christmas—hope 2026 brings the clarity (and upside) were all waiting for! 🎄 🙏