Member Info for theiceberg

Just to answer a few. Carbonate v hydroxide has been going around over the years. The only think I can say is that Hanwa has already agreed to buy 10 years of product. All of phase 1 and half of phase 2. Prices are comparable. I certainly wouldn’t want to suggest that anybody sell Sav. For me, it’s about creating a portfolio of high end commodity companies as cheaply as possible. Kiwi tbh I produced it mostly for my own research I am happy for others to do what they like with it. Within 6 months of being in the web it will be copied and on various websites anyway. I am thinking of selling my Rio shares to buy in a 3rd company in similar stages again. Re Sav I am surprised how little dilution is actually needed. I am not sure anybody here will get a shout though.

I know many of you know all this but since it concerns Bcn http://icebergshares.blogspot.com/2018/06/savannah-resources-v-bacanora-lithium.html?m=1

Well I think this all went to plan, just to the plan of the market makers if i am honest. They gaped up 30%. Sells came in panic set in. The rest is history. They get to fill some larger orders. The news was certainly partly priced in. The rest of it will come more slowly. Well done again Sav and long term holders I am certainly very happy and relaxed to have this on my portfolio and at least in my mind locked in. I can’t honestly see a return to sub 10p and even sub 11 or 12 is probably out of reach. A day to relax and enjoy.

that after rising 150% the share needs to settle down a touch and allow the shares to be re-distributed.

if we compare it to european lithium, then they have an IRR of only 21.2% and npv of only 253m. Their capex is approx 3 times the size of our. In other words they will take twice as long, to produce less profit and it will take far more money to do this.

with the news being that "ones born every minute". Re SAV I am torn at the moment, I had some put aside to top up if the SP dropped to under 5p back in april/may. This obviously wasn't used mores the pity, so do i top up if the SP drops to 12p, which i think is really very low considering the news. Or do i invest it elsewhere considering how safe i think sav is now....um.

We've obviously come down a bit, but its likely to be steady climb from this point onwards imho. News such as oman, finance, partnerships etc should provide good 15-30% climbs. research notes, coverage and our buyers should provide the long term steady climb. it does feel a bit like sav has grown up (being a 100m mcap company) which is a little sad, but know is the time to see what sav can grow into.

nice buying and 17p

oman coming in production and producing a big load of free cash. announcement of funding from the EU for lithium, likely in the form of low interest loan. strategic partnership for lithium drill results to show how much we have expanded, we can know value that expansion. cracking team, best on aim.

price 16.5, but will probably move north before open.

i suggested yesterday that they were hoovering up shares on the bid and that they were close to sav...maybe in advance on news. I am sure that RNS's and nomads are all leaky.

final one from me. I fully expect the project area to already be twice the size that hutch used for the scoping i.e 30m so we are talking 2bn of future revenue. and this is just from 1 of several targets, with 6 more exploration licenses applied for. Its not beyond unreasonable to assume in 5 years time that sav will have fleshed out a potential 5bn plus.

from the project according to the scoping study is over 1bn. Making it officially SAV's 2nd 1bn+ project post official independent figures.

I can't stress how fantastic a payback in just 1.7 years is. This is would make it one of the quickest payback lithium projects in the world. We would also be talking about the project making shed loads of real profit in just its second year.! The report also talks about a big operation, with lots of lithium being produced, about 25% bigger than i thought. Finally the professional folks in NYC and Aussie thought that an NPV of 100-150m would be good, they will be blown away by 356m..

yes it does matter, it means its already even bigger and more profitable than the scoping study has pointed out

In me wonders whether finncap know what’s in the scoping study. They have always been very interested in Sav and were on the bid asking for shares for most of the day. We shall see. In many ways today has been the best day of the week a real support line has been created at 12.5ish due to the large volumes. We’ve also seen a lot of the trades increasing in size. Ie rather than lots of small buys and large sells, we’ve graduated back to more smaller sells and larger buys. Without a pause for breath the share might have suffered a heart attack. Let’s keep the re rate healthy

Over the sell....no sorry the buy button earlier. The lower 12s considering their need for shares was almost too good even for a long term low avg holder like me. 20p seems to be realistically achievable, as a short term. I’ve almost been more impressed with today than yesterday. My poor little share is really growing up

Although it has sped things up, this was clearly re-rating prior to that. The big buyers would have come in regardless. Tbh I think she just saw the re rate as just starting.

Like all of the sub 13 shares are pretty much gone. Hope that those that sold in the low 12s or even high 11s where happy, genuinely. I am looking for more and we are progressing well

Are still there. It’s irrelavent What a some private investors do. I am expecting volume to start to slow down, as nore and more shares are taken out of the equation. My wondering is whether or not the EU will are facilitating a big money strategic partner for Sav to keep it European. It wouldn’t surprise me that as well as the nyc, Aussie and uk boys are joined by eu in the know inderviduals. I’ve not known eu professionals not make a bit of side money when given the chance.