Energy Minerals > Research

Broker positive on Savannah Li progress

Beaufort Securities has backed broking client Savannah Resources' (LN:SAV) progress at its Portuguese lithium project after a site visit.

Staff reporter

Energy Minerals > Research

Broker positive on Savannah Li progress

Beaufort Securities has backed broking client Savannah Resources' (LN:SAV) progress at its Portuguese lithium project after a site visit.

Staff reporter

Broker positive on Savannah Li progress

The hills have Li(s): Savannah's Mina do Barroso project in Portugal

Beaufort Securities analysts Sheldon Modeland and Charles Long were positive about progress at the Mina do Barroso site, but dropped the company's target price by 10% to £0.096 (US$0.13) per share thanks to a recent 1 million-share rights issue.