Savannah Resources: Update Interview with CEO David Archer

If the cyclical pullback in the natural resource market harms share prices and sentiment it does something else too by providing opportunities for seasoned intelligent management teams to build well-structured business models that are capable of engaging investors and delivering out-size returns as the sector enters into its normal recovery phase. Finding such opportunities is key to building a successful resource stock portfolio and in this regard, we consider Savannah Resources (LON:SAV) should be on every serious resource investor’s monitor.

To help with your research we recently undertook an interview with David Archer, CEO of Savannah Resources and we trust you find this useful for your own research and assessment of the company and its Value Proposition.

Savannah Resources: Update Interview with CEO David Archer

On Friday, Savannah Resources (LON:SAV) released their Annual Report and Accounts after the company’s name change and re-launch in 2013.
 
It’s been a period of significant progress for the company: highlights being the solid results at the Company’s flagship Jangamo project in Mozambique; demonstrating continuity from Rio Tinto’s adjacent major mineral sands deposit and news of an exciting new copper venture in Oman. The share price reached a high of around 15p in March and now sits at just under 5p, currently valuing the company at £7.5m.
In this exclusive MiningMaven podcast interview CEO David Archer gives his take on developments over the last year and discusses how he sees the future prospects for Savannah Resources. We hope you enjoy listening.

Savannah Resources: Positive progress with exploration – Update Q&A

Savannah Resources (LON:SAV) is a company with diverse interests ranging from gold in Ethiopia and base metals in Mauritania (through SAV's material holding in Alecto Minerals LON:ALO), to gold in Mali and heavy minerals in Mozambique.

With regard to the latter, Savannah acquired an 80% interest in Matilda Minerals Limitada (which owns the Jangamo Heavy Minerals project) in October 2013. Within days the company announced an initial drilling programme and completed this programme in q4 2013.

The expeditious nature of the company's operational approach is impressive, but what about the results from the assay work undertaken post drilling?

Well yesterday the company released their initial update confirming broad mineralised zones from XRF assay data. We thought the update was extremely positive, but felt it was worth asking the company a few questions on behalf of the MiningMaven readership. We trust the information provided is useful in your decision making process.