Member Info for tony_currie

Great rise again today 7%. Think we will see some after hours trades pop up.

We are at the end of days for topping up before the big news breaks.

The important bit "Wardell Armstrong International was engaged by Eurasia to produce JORC Mineral Resource Estimate at Nyud, as well as a CPR and net present value model. The results of this engagement is almost complete and will be announced separately." ALMOST COMPLETE!

Lithium carbonate prices in China rose to 306,500 yuan/tonne (£35,000) in the second week of January, amid rising global demand and tightening supplies. Upward pressure can be attributed to continuously increasing demand from lithium battery manufacturers, amid projections of higher electric vehicle sales. According to Benchmark Mineral Intelligence, battery manufacturer’s lithium carbonate stocks are at low to non-existent levels due to high demand for EV battery production. Global electric vehicle sales are estimated to have increased by 160% during 2021, while deliveries in China are expected to double in 2022 to over 5 million sales. Meanwhile, miners in China cannot keep up with increased orders. According to Chinese lithium traders, producers are having difficulty in fulfilling their long-term contracts, as the current mining pace cannot match demand.

SAV have know resource of 27mt @1.06% - worth a phenomenal £10billion!

Reasoned argument on spread and direction of EUA share price.

https://www.asktraders.com/analysis/eurasia-mining-keeps-making-the-right-announcements-but-boosts-fade-why/

A spokesperson for Cora Gold, which plans to start building its Sanankoro gold mine in Mali this year, said the board was monitoring the situation and operations in Mali are continuing as normal.

https://www.miningweekly.com/article/barrick-says-mali-mines-unaffected-by-ecowas-sanctions-2022-01-11

Yes anticipation building - not unreasonable to expect a 200% increase in SAV this year.

Hold this and Savannah Resources. Lithium in safe jurisdictions with lots of potential expansion. SAV just awaiting EIA approval before flying.

Share price kicking up - FOMO - don't want to be out over this weekend especially!

Think he/she was being ironic with the Chocolate Tea cup comment ;-)

'Developing' strategy became 'Executing' strategy which today became 'Implementing' strategy.

'Shortly' just became real :-)

SAV still under the radar, although he did tip Savannah Energy :-). The EIA approval will change everything!

EUA - Zac's Number one tip for 2022 is Eurasia mining, sale is on the cards as directors looking to sell substantially all assets.

Zac Mir said "above all, Eurasia has shown itself to be a proactive and aggressive player in its space. It could have just sat back waiting for a buyer. Instead, we have seen one of the most active examples of company building in the mining space in recent years, and is fully funded to execute the multi-pronged strategy in 2022 and beyond with minimal dilution. As things stand a sale would merely be the icing on the cake." (declaration: I own shares)

Cora very much under the radar DFS will sort that out!

EUA - Zac's Number one tip for 2022 is Eurasia mining, sale is on the cards as directors looking to sell substantially all assets.

Zac Mir said "above all, Eurasia has shown itself to be a proactive and aggressive player in its space. It could have just sat back waiting for a buyer. Instead, we have seen one of the most active examples of company building in the mining space in recent years, and is fully funded to execute the multi-pronged strategy in 2022 and beyond with minimal dilution. As things stand a sale would merely be the icing on the cake." (declaration: I own shares)

Good little article with a map of Portugal showing Lithium and upcoming Licenses. SAV gets a honourable mention, we should be in for many of these.

https://www.pv-magazine.fr/2022/01/03/lithium-pour-batterie-une-usine-de-conversion-prevue-pour-2026-au-portugal/

Rio Tinto has agreed to purchase the Rincon lithium project in Argentina for a fee of $825m. The large, undeveloped mine will produce battery grade lithium carbonate (245,000t Indicated JORC).

Compare to Savannah...
1. 27Mt @ 1.06% Li2O (286,000t)
2. Easy extraction (no saline dry process)
3. Green extraction with limited water requirements
4. Europe based

The true value will happen.

Hydrogen 1MT pa = Gross revenue $1 billion pa. EUA2 is big!

German Article mentions Savannah as key to European supply.

https://www.deraktionaer.de/artikel/gold-rohstoffe/lithium-das-sind-die-neuen-projekte--20243166.html

Great summary Bert. The share price will see real progress this year with the DFS.

Still cheap as chips.

Linkedin David's Christmas Eve message - very positive.

"Iberian lithium has never been closer – a consistent business case supported by the EU’s green agenda in what many consider the largest reserves in Europe.

I had the chance to go over Savannah’s investment in Portugal’s Barroso Lithium Project with the national newspaper, Expresso. Could not be a better time as we see other business leaders active in the value chain with the recently announced JV between Galp and Northvolt for a lithium refinery in Portugal."

However, Galp and Northvolt intend to secure lithium supplies from British mining firm Savannah Resources PLC, which says it holds one of Western Europe’s largest lithium deposits in northeastern Portugal, but must await the regulator’s decision next year.

Savannah has said that the deposit could provide enough lithium for up to 600,000 electric vehicles per year for 10 years.

Portuguese company Lusorecursos this year also submitted an environmental impact study to open a second mine in a neighboring municipality that would have its own refining facility.

A “white gold rush” for lithium in Portugal follows Canadian group Rock Tech Lithium Inc’s decision to invest 470 million euros in a German lithium plant from 2024.

Portuguese Minister of Environment and Spatial Planning Joao Pedro Matos Fernandes welcomed the mining sector’s buoyancy and said that the government founded its industrial strategy on Portugal’s natural resources.

However, a much-delayed tender for prospecting rights for eight other potential deposits would only begin after legislative elections on Jan. 30, he added.

"Europe’s dependence on outside sources for lithium comes amid growing demand partly fueled by an auto industry scrambling to decarbonize.

The global auto industry produces more greenhouse gas emissions than

Palladium $1,948.5 Positive +57.50 +3.04%