Savannah Petroleum Live Discussion

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Balone 15 Mar 2017

Under the Radar This is definitely under the radar by the looks of it which can only be a good thing. Bought a few more today with the RNS confirming all on course (sp still low so rude not too)GLA

DanDaDan 15 Mar 2017

Re: Warning . or Result?. 'Processing is ongoing, with excellent data quality, and fast track results are expected by the end of Q1 2017'.Oil and gas prices will always fluctuate. This CEO is very careful who he does business with and takes his time. This is Niger remember..Sit back and just wait for the outcome from 3 wells.This sp should more than double just on Mcap value alone, IMO.The IR person needs to arrange a web cast or Vox podcast for the CEO nextCome on J move this along.....Tell us all what you have been doing SAVP since the 38p placing and give us some views on that data quality.GLA..

KALAN 15 Mar 2017

Re: Warning .. A well reasoned and balanced post totalnew. A good rns this morning - items ordered for delivery and drilling to commence in the next 3 months - looking very good for the near term prospects of the company - always bearing in mind the bigger picture as you say.

totalnew 14 Mar 2017

Warning .. A lot of people here, and on other boards seem to be looking at SAVP with rose tinted specs. I am invested, relatively heavily, at 40p average, so I have no axe to grind, and am praying this does well .. It's a huge chunk of my pension.However, a word of caution, with oil at current prices, and no foreseeable uplift, the appetite for investment is severly hampered. I think we will (are!) struggling to find an investment partner. We appear to have an excellent prospect, but there are any number of oil plays out there, and few companies with money to invest. Most oil companies are battening down the hatches, not spending on investment / exploration. Those who do have money will be doing their best to ensure they get their pound of flesh.The delay in news could indicated that we are being frustrated in finding a partner.The best play may be to go it alone, but that brings its own risks of a small company like ours.

JStandMick 13 Mar 2017

Re: Join the club... Lot of basic boxes ticked here. Experienced management with skin in the game, major Institutional investors on board, fund raise over 25% above current share price and onshore.Not completely without risk but the potential upside is significant enough to outweigh and downside.Mick

DanDaDan 13 Mar 2017

Re: Join the club... Well done JSM. IMO your research should pay some nice dividends, before the herd arrives.Been looking at the past reverse takeover bid, which failed.The current delay could be linked to another deal that proves more profitable. Due diligence, legal etc.Whatever happens they know that they are sitting on a lot of oil and gas. The past success rate by the Chinese was around 75% and SAVP now have better technical data.It could be that a bigger player also wants IN.Come on Jessica just issue your bosses RNS..We are waiting for some early 'Easter Eggs'.Do not forget that the last placing was at 38p.GLA.

JStandMick 13 Mar 2017

Join the club... In for a penny (well, a fraction over 30p actually), in for many pounds (hopefully).Another long suffering Braemore/JLP holder (though a bit happier now) who's joined the club. I bought 30,000 late last week and fingers crossed. I must admit to being reassured by the lack of posts on both iii and LSE boards as my best gains have usually been on stocks where the herd are absent.Good luck all...Mick

DanDaDan 10 Mar 2017

Re: Load UP. Researched well M.Just waiting for Jessica to issue the news.It looks like something big is brewing.News is delayed and late.. The CEO is not known for any rash announcements.As you have got here before the masses.Just sit back and wait, you will make some money, IMO.GLA

MutleyWalters1 10 Mar 2017

Re: Load UP. I think it was DDD tip that made me look at this is detail. I am on board now and hope DDD is right that we have got in early pre news. Particularly like the Institutional Investor List. Also nice to buy 20% below last placing price of 38pI was a bit spooked by director selling last year but the RNS said it was to pay tax liabilities abs 1 of the directors still holds 2. 7 million so no lack of confidence there. I note we have a few here from the JLP board I think we are going to do well there this year.

Soolaimon 07 Mar 2017

Re: Load UP. Ditto, decided to get in here today after much research.Like this a lot, great prospects, awaiting news I believe which is overdue.Sool

KALAN 07 Mar 2017

eh up arry Good to see Balone and arry here - just don't tell dkok arry or he will follow you - again!

Balone 07 Mar 2017

Re: Load UP. I'm in for a few as well.

arry the accountant 07 Mar 2017

Re: Load UP. Just bought in. Like the way some big boys are on board

DanDaDan 02 Mar 2017

Re: Load UP. Reasons why. A good read.[link] remember news is now overdue and over 1 month late. There has to be reasons.GLA.

DanDaDan 02 Mar 2017

Load UP. Just raided the piggy bank and added a 'shed load' more.The last funding was 38p and just look at Sound Energy similarities.This could well hit 80p sooner than you think.Those legal experts must have sorted out the wording on the deal by now.Come on Mr CEO give us a press release on the drilling contracts.With the database that SAVP hold, their success rate is likely to be in excess of 75% and a future sp target of £2.60. That is my researched opinion. But as always DYOR and ignore me.Get in early before the herd arrive.GLA