Member Info for mcb77

Very surprised to see the share price in the 50s. A market cap of 56 million is way undervalued. Oil and gas prises at 4 year highs, no debt, and PMGs investment in Faroe looking very good.
Even if the share price doubled it still would be less than the last fund raise at 120p !
Surely a strong buy at these levels.

Thanks for posting sharealot. Very interesting reading.
Looks like the 4 successes in Niger and potential route to market has attracted the attention of some major players. Looks very promising. If there are several intrested parties then Savannah has a greater chance of securing a much better deal.

I wouldn't expect anything to have come out from the event last night. Talk is all well and good, but I think its about time the company got the 7E deal completed. When its completed then start talking.
Oil / Gas prices at near year highs, and the share price remains at 26p. Savp is by far the worst performer in my portfolio. Fundamentals remain strong so hopefully we can see some major upside in the coming months.

I admire your optimism Woody, and maybe im being a tad impatient. I feel that there is massive potential here, with successes and potential route to market in Niger. The 7E acquisition could transform the company into a mid tier player generating lots of cash, and maybe paying regular dividends.
Shame the delays on completion has taken the share price down to near all time lows, despite 4/4 successful drills in Niger.
But the recent increase in holdings from various institutions does provide some reassurance.

Unfortunately I cant make the 10th, but if I did get the chance to speak to AK I would want assurances that he does not attempt any more deals in the future.
Still no update in August, very poor.
Share price has been hammered in a strong bull market for the Oil/Gas sector. The positive results in Niger have not been reflected in the share price due to this 'deal'.
Lets hope the deal completes in september.

At present the market values SAVP marginally higher than RKH, half the value of Sound energy, and less than a quarter of the m/c of HUR.
Granted HUR does have some fantastic assets, but currently produces nothing. RKH is years away from potential production, and is located in the south atlantic.
This just shows how undervalued SAVP currently is. I believe the NAV for the 7E assets is circa £400MILLION. And i think SAVP are due back payments of this years oil production ?
Considering the above there must be some serious upside from 25p. You would think with the excellent success in Niger, with route to market, plus 7E closing ( hopefully ), that £1 plus a share is a achievable with in the next 12 months.

Joining the FTSE 250 may be possible in the next few years. If everything develops well there is no reason for SAVP not grow into a multiple billion pound company.
TLW, DANA, DRAGON OIL all started with small market caps and expanded over time. I think they may have 20/30 bagged.
i recall GKP going from 9p to over £4 with in 2/3 years, so with the right sentiment and news flow its possible for SAVP to multibag from 25p.
Some positive news on the 7E deal this week would be a start though. Way over due.

Appreciated Thanks.

Considering the last fund raise was at 35p, and many lls average over 40p you would think upwards of 40p. But this being AIM i will have to go for 30p.
I recall the NAV for 7E being valued at around £400million. So must be plenty of upside considering the market cap is circa £210 million at present.
If the deal goes through soon who knows. With the success in Niger to date, and route to market maybe we will be suprised with the upside. Does anyone know what the boards share options are priced at ?

31P in August?. We touched 35p in may after the first Niger drill came in.
What would the price have been now if they had not proceeded with the 7E deal ?
After 4 strikes in a row in Niger and Oil above $70 i would think 40 - 50p. Certainly above 24.9p.
Come on Savannah lets get the deal completed. You are destroying share price value for many holders.

Very pleased with the news today. Added more this morning ( £7500 ) at just under 26p. The share price is ridiculous considering the success in Niger, and with the MOU signed last week.
The 7E deal has been dragging on for to long now, and must surely get completed soon. If 7E completes and Niger continues at the same pace, then Zengas' s share price target of £2 is highly achievable.
Market cap now just over 200 million after 4 successful drills in Niger. I remember GKP had a market cap of 2/3 billion at one stage.
Strong buy at these prices.

SAVP has been one of the most frustrating shares I've ever brought. It takes some doing to lose 30 - 40% of the market cap within the last year in an oil bull market. But the savp board have managed to do this.
However the Niger campaign has been very impressive so far, and hopefully that will continue with the results of the 4th drill due soon.
The market cap here is very low compared to some other oil and gas stocks out there. If they can complete the 7E deal soon, then surely the share price should re rate to a much higher level.
Ive seen a long term share price prediction of around £2 here, and I could realistically see this. Even £1 a share would give a market cap of around 800 million.
Good luck to all holders, very tough holding these atm, but hopefully the tide will turn soon.