Member Info for longy1

I'm probably in a minority here but am not too worried about this. After all the company managed to repay 40 million without issuing an RNS. I just don't see this as a big issue for SAVE and neither does it seem do they.

So did I. God knows where this is going to end up but as others have written, why aren't the company doing anything to prop up the sp, unless they consider it to be futile in the current climate.

I know us long term holders have been pummeled but anyone buying in now are getting an absolute bargain. Fingers crossed some buyers turn up soon!

Thanks for your reply Zengas. A reduction in seven's debt will be most welcome. I look forward to reading the full details in the not too distant future. The potential here is very impressive. Where on earth will the sp be in a year or 2?

It will be very interesting to see how much money will come our way once seven deal is finally completed. I've heard 90 million quoted but that was a long time ago. Hopefully that has increased; has anyone any thoughts on this?

I think you're spouting doom and gloom to get the price down! Just wish your comments weren't so painfully transparent.

Agadem for taking the time and trouble to post your notes. I've got a very good feeling about savp!

I agree and whilst I'm certain that management will limit dilution as much as possible, you just never know. I do think this is a great share but am sitting on the sidelines for now. I expect I'll regret it though!

It would be very nice if Savannah could obtain an even greater slice of Accugas, over and above 30 percent, but that's probably too much to hope for given the way this is building.

It certainly does but this does happen quite and you get the reverse situation too when a share is ramped to high heaven. At the moment I'm just thankful that I can keep adding to my holding each month at this bargain price.

7seven - thanks for posting a reply. I was hoping for something insightful from Malcy! The wait goes on!

Has anyone listened to Malcy; did he have anything interesting to say about savp?

Wouldn't it be lovely if the RNS dropped 7am tomorrow confirming that the seven deal has concluded! It surely can't be much longer now!

Exactly my sentiment. I just keep grabbing more each month whilst the price is low.

I agree with you. Buying more is a sensible thing to do at this price. Value will out in the end of the company will be bought . Either way so will be way in advance of today's price. Bucket loads of patience may be required tho!

Looks like a few have been spooked into selling by the drop in share price. Hopefully they don't know something we don't! I'm sure they don't I hasten to add. This represents a chance for a relatively cheap top up which I feel duty bound to accept.

Either buy now at a reduced rate or pay much more later!

Phnom, Yes, you are right, I was just joking really. As Nen has written, perhaps some have heard whispers about the RTO! Not long and we shall know.

A nice increase in volume and SP so far today Could there be a leak (oil) near Amdigh?!!

I was expecting the sp to increase by a couple of percent a day before we heard about the second drill. What with the completion of Seven E about to be completed q2 I really am astonished with the markets reaction. Admittedly the volume is light but the reduced sp is surprising none the less. Value will out in then end I am sure and our patience will (hopefully) be greatly rewarded.