Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on SAVANNAH RESOURCES PLC. We currently have 70 research reports from 4 professional analysts.
|28Nov16 07:01||RNS||Commences EM Surveys over Copper & Gold Targets|
|28Nov16 07:00||RNS||Exercise of Options|
|24Nov16 12:05||RNS||Holding(s) in Company|
|24Nov16 12:01||RNS||Holding(s) in Company|
|22Nov16 07:00||RNS||Investor Evening|
|16Nov16 07:00||RNS||Robust copper zones and further drilling, Oman|
|08Nov16 07:00||RNS||Initial 3.5 Billion Tonnes HMS Resource Defined|
Frequency of research reports
Research reports on
SAVANNAH RESOURCES PLC
SAVANNAH RESOURCES PLC
28 Nov 16
"Oil is likely to hold the centre ground this week, with fears that the anticipated deal to trim almost 2% off global output might have fallen at the last hurdle. Cruse prices fell in Asia after Saudi Arabia said it would not meet with Russia ahead of the 171st meeting scheduled to take place on Wednesday in Vienna, suggesting it would not have discussions with non-OPEC members until a clear decision has been concluded within the Organisation itself. While some traders considered a successful outcome would be sufficient to spike prices into a new US$60 trading range, others speculated that such a level would simply encourage US shale produces to switch idle capacity back on, meaning that Saudi would find itself giving up share of the global market for real long-term benefit. On the other hand, failure to deliver some sort of deal in the near-term could well mean excess capacity and high inventories drive benchmark crude back to the US$30 range. Aware of the high stakes, the US$ weakened sharply during the Asian session, falling more than 1.6% against the Yen, as investors ran toward the safe-haven currency while cashing in on the rally powered by Donald trump’s election victory amid nervousness ahead of the raft of North American economic data due this week. Looking back to Friday, however, US equities rather half-heartedly notched up new record highs, as all three principal indices rose modestly to mark a third consecutive week of gains, as investors continued to weighed up the prospective equity boost that could be derived from lower corporation taxes in a higher inflationary environment as the long-run bull market in international bonds draws to a close. Asia, by comparison, ended mixed, with the Nikkei and ASX, not surprisingly the main casualties, with the former being hit by Yen appreciation on this export-led economy and the latter taking profits in anticipation of a disappointing outcome at this week’s OPEC meeting, while Chinese and Korean equities chose to ignore the international noise and instead rallied on domestic factors. Away from Oil, Europe’s concentration this week will likely fall on both the Italian constitutional referendum, taking place on 4th December, and speculation on whether or not Francois Fillon’s appointment as leader of the centre-right, means that France is finally lining itself up for its own, long overdue, ‘Margaret Thatcher moment’ as he promises economic recovery and national renewal. The UK today can look forward to releases including the OECD Economic Outlook and CBI Services Sector survey. UK corporates due to release earnings or trading updates include Aberdeen Asset Management (ADN.L), Cerillion (CER.L), Rosslyn Data Technologies (RDT.L) and Sirius Real Estate (SRE.L). London is seen opening slightly weaker this morning, with the FTSE-100 expected to be 5 or more points lower in early trading. " - Barry Gibb, Research Analyst
SP Angel – Morning View
16 Nov 16
DiamondCorp (DCP LN) Suspended – Lace mine put into Business Administration in South Africa | European Metals (EMH LN) – Additional lithium – tin intercepts in recent drilling at Cinovec | Georgian Mining Corporation* (GEO LN) – Raises £2.6m (formerly Noricum Gold. | Savannah Resources (SAV LN) – Additional high grade copper intersections in Oman | Strategic Minerals* (SML LN) – Drilling tender for Redmoor with drilling expected in H1 2017
16 Nov 16
"Just one week is far too short a time to gauge the true ramifications of a Trump presidency, but nevertheless a picture is being formed of a brave new world which potentially leads to a paradigm shift for global markets. The common themes are higher inflation, higher interest rates and a potential bonanza for certain US corporate sectors. Powering this will be Fiscal Easing (given that monetary policy globally has failed to translate into meaningful growth), Repatriation (of, perhaps, US$2tr+ cash ‘trapped’ offshore in US companies’ balance sheets) and more relaxed Financial Regulation (probably initially in the form of delay or amendment of the Dept. of Labour Fiduciary rule). Although clearly not the President-elect’s intention, some of the growth inspired by such reform will undoubtedly spill over into other global economies which, in turn, will find themselves pressured to adopt a ‘if you can beat ‘em, join ‘em’ approach for fear of otherwise being left behind. Indeed, this is almost certain to deepen the rifts that are already too painfully apparent across the EU, which will likely come to a head with the forthcoming Italian Referendum, followed by Germany and France’s own elections. For now, however, markets appear willing to continue buying into this scenario, with the overnight markets pointing sharply upwards once again. All principal US indices rose again, with the Dow Jones chalking up its fourth consecutive record close led by financials, while the NADSAQ was the strongest performer as tech investors finally began to welcome the idea of one-off 10% tax on overseas cash, considering opportunity for the surplus to either power expansion or simply be given back to shareholders. Asia followed suit rising across the board, led again by the Nikkei, whose analysts are increasingly speculating that Trump policies will effectively provide Japan with a route out of its ‘lower-for-longer’ economic rut. Against this, London looks set to turn positive once again this morning, with the FTSE-100 set to open up over 10 points during early trade. The UK will release its employment data today, along with the IEA’s World Energy Outlook publication. This afternoon, traders will review speeches from both the Fed’s Neel Kashkari and Patrick Harker for more signs of Yellen’s intention at the FOMC’s December meeting. Results or trading updates are also due from a good number of UK corporates, including Aggreko (AGK.L), Avon Rubber (AVON.L), Barratt Developments (BDEV.L), British Land (BLND.L), ICAP (IAP.L), Rolls Royce (RR..L) and Speedy Hire (SDY.L), while quarterlies are also due from US majors including Cisco Systems and Lowe’s. " - Barry Gibb, Research Analyst
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
01 Nov 16
Since our last outlook note, Quadrise has begun to supply MSAR for extended LONO sea trials, paving the way for commercial adoption from calendar H217 onwards. In August it signed a memorandum of understanding with clients in the Kingdom of Saudi Arabia (KSA), which is a key enabler for progressing the production-to-combustion pilot there. In October it completed a placing and open offer raising a total of £5.25m (gross). This should enable it to transition comfortably to the commercial phase on successful completion of the LONO and KSA trials.
GTL transaction not going ahead
01 Dec 16
Intelligent Energy (IEH) has announced that the deal to acquire the Energy Management Business of GTL will not now be consummated. The move leaves management free to concentrate on driving sales of commercially ready B2B products, which is a key element of its strategy. We adjust our FY17e revenue estimate while leaving our pre-exceptional losses and cash-flow forecasts unchanged.
24 Nov 16
Quixant* (QXT): Gaming gains (CORP) | SCISYS* (SSY): Bringing good news from Germany (CORP) | Hayward Tyler Group*: Contract wins (CORP) | Sound Energy (SOU): TE-7 flow rate and fund raise (BUY) | Water Intelligence* (WATR): Growth and improving returns in a defensive market (CORP) | Imaginatik* (IMTK): Interim trading update (CORP)
Small Cap Breakfast
29 Nov 16
Asia Pacific Investment Partner - the research-driven emerging and frontier markets real estate development business intends to float on AIM and conduct a placing in December RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
Conviction List Q4 2016
05 Oct 16
Since its inception in 2010, the Conviction List has outperformed the market in 13 of 18 periods and a reinvested Conviction List would have returned 255% against a Small Companies index that would have returned 130%. Our Conviction List returned 3.7% over the last quarter; this was set against the benchmark UK Small Companies index that returned 11.3% over the same period. Our Q4 portfolio reflects our outlook for a temporary sweet spot for UK growth during the second half of 2016. The downside risk from the uncertainty of the EU Referendum result has been countered by stimulus from the Bank of England, signs of a looser fiscal stance and an 18% YoY reduction in the Sterling Exchange Rate. Compressed corporate fixed income spreads continue to provide a valuation underpin for global equities.