Member Info for tony_currie

Two late buys appeared - this will rocket tomorrow on very good news. They left the RNS just a little to late, EHM went up 136% today - they got the RNS out at 10:30 am. SAV has a lot of catching up to do.

Slight restpite - now on the way up again.

So tightly held they just dropped it to get some stock, a couple of decent buys (one of them mine just came in). Should be another good week.

Will be very interested in the new figures after Booster install.

All those metals add up to at least £10 billion in the ground and Russian rare earths mentioned again in Trump's post meeting interview.

Putin says

"Russia at some point will come back to more or less normal politics towards its partners and neighbours, most importantly, I don't think that they should be excluded from competitive markets," he added.

As the Mali moratorium on Gold lifts today I am expecting a RNS next week from Bert stating we have put in a permit license request.

Https://www.youtube.com/watch?v=O6J-5XWiwPU&ab_channel=HindustanTimes

43min 45 seconds in - Rare Earth's

Putin stating how important rare earth metals are to the world economy. Russia have more than Ukraine. Says they are willing to work with US and others to extract these metals.

Cheap as chips.

Market cap £20m.

Gold £2,257.08 per ounce @ 2Moz = £4.5 billion in the ground

Live Zelensky says "we hope that we can finish this war this year, not in three", on the third anniversary of Russia's full-scale invasion.

Yes near, looks like Zelensky maybe stepping down.

"Zelensky willing to give up presidency in exchange for Ukraine Nato membership"

Portugal sees a very bright future for Lithium and battery production and is attracting the very best investment.

"China's CALB, one of the world's largest battery makers for electric vehicles, said on Friday it would invest 2 billion euros ($2.09 billion) in a gigafactory in Portugal that is expected to start production in 2028."

"Along with neighbouring Spain, the country wants to take advantage of local lithium deposits, aiming to cover the entire value chain from mining and refining, to cell and battery manufacturing, and to battery recycling. London-based Savannah Resources SAVS.L expects to start commercial production of lithium at its Barroso project in northern Portugal in 2027. The Barroso deposit of spodumene, a lithium-bearing mineral, is the most significant in Europe"

"CALB said its first factory in Europe would create 1,800 direct jobs, expecting it to represent more than 4% of Portugal's GDP when the plant hits full capacity"

Just two weeks to reach a legal decision in Savannah's favour. This shows how keen Portugal is to become a major Lithium miner.

Danielm89 - in reply, these are the new figures once the current Hedge expires. I have updated these with a gas price of at least £1.30/therm as this is now looking most likely.

At the end of the Hedge (end of June) the new calculations are :-

1.8 mm therms per month

1 mm therms @ .84p = £840,000 (increases to .90p for winter)

.8 mm therms @ £1.30 = £ 1,040,000

per month = £1,880,000

per year = £22,560,000 (without new compressor boost)

This is the gas only revenue, Oil is already contributing and could increase substantially. Good year ahead for Angus.

Looks like July, August and Q32025 prices holding up above £1.35.

Off course this nicely coincides with the end of the 40p Hedge at end of June.

Lots of news to come - increased gas price. Someone confident!

07-Feb-25 08:10:58 0.2845 3,510,738 Buy* 0.25 0.30 9,988 O

CEO - Emanuel Proença - says we could be close to 100MT once all areas prospected.

The figures are then mind blowing!

100mt at 1% lithium = 1mt of Li2O

$20,000 per tonne (break even for Savannah is $600 per tonne) = $20billion

Earth has approximately 88 million tonnes of lithium, but only one-quarter is economically viable to mine as reserves.

"Portugal-based Savannah Resources has the largest and highest-quality deposit of lithium in Europe and expects to be in production by 2027, when demand for the mineral is forecast to increase. "

"Midas verdict: Europe is keen to build a home-grown lithium market and Savannah Resources has a key role to play. At 4.3p, the shares should prove their worth to new and existing investors."

A bit messy trades the last two day.

On Thursday 20 small trades before 08:05 - all for values less than £20 - algorithm trades?

On Friday lots of large after hours trades, some reversed resulting in 20% increase in share movement

All suggests low liquidity and a thinly traded stock. When Mali agree a license this will absolutely rocket.