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(SAV) Savannah Resources Share Chat

Discussion in 'General Share Chat (SAV)' started by QuiPP, Apr 29, 2016.

  1. QuiPP

    QuiPP Demi God of BlueShare

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    I thought I would start this thread off as I have been a holder of SAV for around eighteen months and I do believe that this share will go places with major interests in Mozambique and Oman. As I write it has gone up around 12% in the last two days and believe that this share needs mention within the Blueshare community. I notice that Steamy is a Twitter follower amongst other.
     
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    Steamy: 5 Points (I HAVE FEATURED THE THREAD.) May 9, 2016
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  2. QuiPP

    QuiPP Demi God of BlueShare

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    Another 20% rise as copper price increases, also the facts surrounding Omani involvement become clearer. SAV has an Investor Evening on 12 May 2012 in London.
     
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  3. Mongoose82

    Mongoose82 A Legendary Member

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    Read Northland Capital Partners's note on SAVANNAH RESOURCES PLC (SAV), out this morning, by visiting https://www.research-tree.com/company/GB00B647W791

    "This latest drill programme at Savannah Resources copper-gold projects in Oman is planned to both increase the size of the current mineral resource estimate for the project (1.7mt at a grade of 2.2% Cu) and also increase the category to measured. The upgraded categorisation will form an important part of determining the reserves defined in the feasibility studies..."
     
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  4. Mongoose82

    Mongoose82 A Legendary Member

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    Read Beaufort Securities's note on SAVANNAH RESOURCES PLC (SAV), out this morning, by visitinghttps://www.research-tree.com/company/GB00B647W791

    "We look forward to results from the next round of drilling with a potential to increase the overall resources and the resource classification from the current Inferred and Indicated mineral resource estimate of 1.7Mt grading 2.2% Cu. In the meantime..."
     
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  5. Mongoose82

    Mongoose82 A Legendary Member

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    Northland Capital Partners's note on Savannah Resources (SAV), out this morning on Research Tree.

    "Savannah Resources has completed gravity surveys over three areas; VTEM 13 (Block4), Ghayth (Block4) and Sarami West (Block 5) that contains 12 VTEM and EM anomalies. These areas were previously drill tested in 2015 defining alteration systems that confirmed the potential for VMS mineralisation the results of the gravity surveys will further refine drill targets. The two stage 2,930m drill programme continues as planned at the Maqail South and Mahab 4 prospects (Block 5) and Dog’s Bone and Bayda prospects (Block4)..."

    https://www.research-tree.com/company/GB00B647W791
     
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  6. Mongoose82

    Mongoose82 A Legendary Member

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    Read Beaufort Securities's note on SAVANNAH RESOURCES PLC (SAV), out this morning, by visiting https://www.research-tree.com/company/GB00B647W791

    "We look forward to results from the gravity surveys, expected in June, to further refine potential targets from the three survey areas. Ground based gravity surveys have a successful track record in identifying VMS-type discoveries. We also look forward to results from the current drill programme with the aim to increase the overall resources and resource classification from the current Inferred and Indicated resource estimate of 1.7Mt grading 2.2% Cu. In the meantime..."
     
    QuiPP likes this.
  7. Mongoose82

    Mongoose82 A Legendary Member

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    "Savannah Resources has announced the completion of 3 gravity surveys within its Block 4 and Block 5 licence areas in Oman. The results of the survey are expected in June and are likely to further refine the definition of drill targets within areas already defined by electro-magnetic surveys and limited drilling. Meanwhile, the previously announced drilling programme at the Maquail South and Mahab 4 prospects in Block 5 and the Dog’s Bone prospect in Block 4 “is continuing as planned”. We look forward to the results of the gravity programme and further news from the drilling in due course...."

    SP Angel's note from this morning... https://www.research-tree.com/company/GB00B647W791
     
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  8. Mongoose82

    Mongoose82 A Legendary Member

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    Beaufort's note out this morning: https://www.research-tree.com/company/GB00B647W791

    "Savannah has acquired two highly perspective lithium projects in Finland, a mining friendly jurisdiction. While still an early exploration play we are encouraged with the potential for lithium mineralisation in the area. Given that the global lithium demand is expected to double by 2025 on the back of the burgeoning battery market, Savannah is looking to capitalise on the lithium market and diversify its portfolio. We look forward to further updates and granting of permits as well as continued developments on the copper-gold deposits in Oman and the heavy mineral sands in Mozambique. In the meantime..."
     
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  9. Mongoose82

    Mongoose82 A Legendary Member

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    Northland also published a note this morning:

    "Savannah Resources has joined the increasing number of companies moving into the lithium space with the acquisition of two early stage hard rock lithium projects, located in Finland. Both of the projects have been shown to contain lithium bearing minerals but to date no geochemical sampling has been completed, giving Savannah the opportunity to initially advance the projects at a low cost. The rise in the lithium price from US$8/kg to over US$25/kg in the past 12 months has been driven by supply shortages and has led to significant interest in the space."

    https://www.research-tree.com/company/GB00B647W791
     
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  10. Mongoose82

    Mongoose82 A Legendary Member

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    SP Angel's note out this morning: https://www.research-tree.com/company/GB00B647W791

    "Savannah Resources’ interest in lithium is topical at present and starting from solid base line work by the Finnish Government geological teams should enable them to assess the prospectivity and identify drill targets relatively rapidly. We note that although at first the Finnish work will probably not put undue strain on the company’s management and financial resources, it adds activity on a third continent to the projects in Oman and Mozambique and could ultimately be an organisational challenge to a small exploration company."
     
  11. TwitterPost

    TwitterPost Demi God of BlueShare

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  13. Mongoose82

    Mongoose82 A Legendary Member

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    "Savannah now has permits covering two highly perspective lithium projects within a mining friendly jurisdiction. While still an early exploration play we are encouraged with the potential for lithium mineralisation in the area based on the geological mapping complied by the Finnish Geological Survey (GTK). Given that the global lithium demand is expected to double by 2025 on the back of the burgeoning battery market, Savannah is looking to capitalise on the lithium market and diversify its portfolio. We look forward to further updates regarding the exploration programme in Finland as well as continued developments on the copper-gold deposits in Oman and the heavy mineral sands in Mozambique."

    Beaufort note out this morning: https://www.research-tree.com/company/GB00B647W791
     
  14. Mongoose82

    Mongoose82 A Legendary Member

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    "It is positive that there were no protracted delays in the issuance of these permits and Savannah Resources will now commence initial exploration work the Somero and Erajarvi projects. To date both of the projects have been shown to contain lithium bearing minerals but no geochemical sampling has been completed to give an idea of grades."

    Northland also put out a note: https://www.research-tree.com/company/GB00B647W791
     
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  19. Mongoose82

    Mongoose82 A Legendary Member

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    "Rio Tinto and Savannah Resources have agreed to extend the long stop date for fulfilment of the conditions precedent of the joint venture from 30/06/16 to 30/09/16, or a later date as may be agreed by the parties. The continued delay in approval for the Mutamba/Jangamo joint venture from the Ministry of Mineral Resources and Energy of the Republic of Mozambique is frustrating but it is positive that Savannah Resources that joint venture partner, Rio Tinto, remains committed. In the interim Savannah has maintained its focus and continued to advance its copper projects, located in Oman, toward production and also acquired new lithium exploration projects in Finland."

    Northland note out this morning: Https://www.research-tree.com/company/GB00B647W791
     
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