Member Info for TrustILie

A lot of companies in this are now doing twitter spaces for their retail investors which I think would be amazing if they did something of that sort

It should come online with other brokers shortly hopefully the company are engaging with them.

Emissions are rising should do great over the weekend too and the beta subnet still to come online over the next few days too.

Yes it's being brough online so looking good into next week.

It’s switches on and off not completely off on the buyside online just limited at the moment

Seems like a temporary issue and the company needs to provide to II so they can start to allow

Seemed a little shackled the last couple of days in the 0.25 - 0.30 range let’s hope it can move a little freely and make a strong break into mid 30s and beyond before the week is out.

Looks like another institutional sells probably doesn’t want to be locked into another suspension well I guess us long term holders now can just wait and see.

The fear is we remain suspended for longer and perhaps could have got them nervous. I think Savannah has to ride the next 6-12 months and see in what shape they are in before trying to do fanciful things.

Doesn't seem like we will get drilling in Niger anytime soon, CNPC troubles but who knows.

https://www.africaintelligence.com/west-africa/2025/06/30/chinese-major-cnpc-unable-to-calm-tensions-with-the-junta,110470515-art

Some Huge delayed Trades coming through now

With the AFAM II power plant commissioning in rivers state I believe we will have a chance to increase our gas supply to FIPL. The plant commissioning is good timing for our work programme later this year can imagine we will not be short of additional customers for our gas.

https://theelectricityhub.com/tinubu-inaugurates-afam-ii-power-plant-to-enhance-electricity-generation/

Come end of September if we get half of the remaining receivables balance we could have a cash balances north of $300m by the end of September. Plus by that point all of our accugas debt should be aligned to naira so no more future currency risk.

Plenty of news articles reporting that the government want to clear half the debt. I imagine the rest will be settled under a payment plan.

https://dailypost.ng/2025/06/03/nigerias-presidency-moves-to-clear-n2tn-power-debt/

https://businesspost.ng/general/fg-to-clear-50-of-n4trn-power-debt-in-q3-2025/

I thjnk if we are to do another acquisition it should only be after we have managed to lower the receivables balance currently over $500m. If they can bring this down to under $250m that would be great with accugas debt fully in naira than from Q4 2025 into next year they can grow production and reserves on the accugas asset

Good to see Andrew continuing to hoover up shares at a cheap level hope he continues to purchase at this level. The market needs confidence to build from here where Savannah is concerned. Here is hoping there is a steady stream of good rns the company is able to release over the course of the next few weeks and months.

Also I would like it if the company continues to provide quarterly updates like they have down for Q1 2025 going forward as it builds confidence with the shareholder base to be able to assess the strength and the direction of the company on a regular basis.

Starting to build cash balances and up US$110.4 million (31 December 2024: US$32.6 million). I expect them to continue to build cash over the next few quarters and finally work that receivables balance down which is starting to trend down now. If they continue to collect at this rate even without the lump sum payment Andrew talked about we could be close to $200m in cash by June end, if they have continued to collect same rate as Q1 which in thus will bring the net debt down. I fully believe if they continue to collect the receivables balance aggressively than we should be able to bring the trade receivables balance under $300m or even better if we get lump sum payment in the next few weeks or couple of months.

If they can get a few sipec style deals going with incremental 5,000 bopd of production increases than will be good, I am sure there are a lot of marginal production assets in Nigeria up for grabs still.

Longshort - at least now it's gone to the very top so things will be expediated. Hopefully resolution is incoming.

Https://punchng.com/tinubu-to-meet-gencos-over-n4tn-electricity-debt/

Https://punchng.com/n4-7tn-debt-gencos-demand-date-to-meet-tinubu/?amp

https://punchng.com/n4-7tn-debt-gencos-demand-date-to-meet-tinubu/?amp

Looks like meeting with the president is near the corner with the request going to the very top expecting positive news on receivables in the next few weeks and months.

Any indication of potential timeline on any other deals, it's clear south sudan is off the table for the foreseeable future. Also was anything mentioned on additional gas contracts and the drilling plans outlined for H2 2025 ?