Savannah Resources PLC · LSE:SAV
Savannah Resources — Investor Presentation (January 2025)
19 slides from Savannah Resources's investor presentation, January 2025
Slide 1: The Barroso Lithium Project: Developing Europe's largest spodumene project
The Barroso Lithium Project: Developing Europe’s largest spodumene project Investor Meet Company event January 2025
Slide 2: Disclaimer
Disclaimer The information contained in these slides and the accompanying oral presentation (together, the "Presentation") have not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 ("FSMA"). If any person is in any doubt as to the contents of th
Slide 3: Savannah Resources – At a glance
Savannah Resources – At a glance Shareholding structure1 Main company features Share price performance • Increasing European shareholding with • 100% owner of the Barroso Lithium • Market Cap2 £95m (2,172m shares in issue) entry of AMG and Portuguese investors Project in Portugal, Europe’s largest d
Slide 4: Recall: Implementing approved Project design & improving JORC Resources
Recall: Implementing approved Project design & improving JORC Resources Current JORC Resource Estimate1 A big responsibility: bringing to life Europe’s largest spodumene Measured Indicated Inferred Total lithium project, a very solid one by any global measure 6.6MT 11.8MT 9.6MT 28MT Progressing well
Slide 5: Bringing quality European endogenous spodumene concentrate in quantity
Bringing quality European endogenous spodumene concentrate in quantity Savannah’s Barroso project can deliver: Economics are robust in any market environment1: • A clean concentrate: low iron & mica content, no significant Mineable Resource 20.5Mt at 1.05% Li2O deleterious elements, ideal for manufa
Slide 6: EV & lithium market dynamics are as (or more) supportive in medium term
EV & lithium market dynamics are as (or more) supportive in medium term Announced “crisis” period resulted in +25% Growth WW in 2024 Market forecasts indicating future deficit and higher prices 2024: Another record year of EV sales Global Lithium Market outlook2 5,000 EV sales by region (m vehicles)
Slide 7: Project timeline: Set to come online in favourable market conditions
Project timeline: Set to come online in favourable market conditions •Complete Phase 2 •Complete build out of Project restructured drilling/Update Resource Project team Positive DIA received estimates •Complete construction New Scoping Study •Final Investment Decision •Complete DFS •Commissioning
Slide 8: The BLP: Significant developments in last 4 months, with more ahead
The BLP: Significant developments in last 4 months, with more ahead Recent highlights: • DFS Phase 2 fieldwork started. Good progress in DFS & licencing workstreams • Temporary land easement awarded – land access plan now active in all aspects (incl. purchases & rental negotiations, easements & comp
Slide 9: Recent news – Exploration: confirming further upside potential, post-DFS
Recent news – Exploration: confirming further upside potential, post-DFS Rock chip and channel sampling programme focused on the western section of the C-100 licence and Block B of Aldeia licence C-100 Prospectivity C-100: Extensions confirmed at Aldeia B: Multiple new lithium Carvalha da Bacora and
Slide 10: Recent news – Local infrastructure revamp
Recent news – Local infrastructure revamp Geology Centre Covas do Barroso Information Centre Serves as the coordination hub for It will evolve into an advanced fieldwork operations and the core shed Boticas Office Hub community centre, with additional while also hosting our community events. Main co
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Slide 13: Summary highlights
Summary highlights Critical: A secure, responsibly managed, domestic supply of a ‘critical’ and ‘Strategic’ material for Europe’s energy transition Achievable: Conventional mining, processing & lithium mineralogy, modest capex, well advanced on clear licencing path Expandable: Already Europe’s
Slide 14: Value creation in the lithium sector: Development + Li price + M&A
Value creation in the lithium sector: Development + Li price + M&A Case study: Orocobre & Allkem 12 May-23: Allkem (US$6bn) • Rick Anthon, Savannah Chair and agrees a merger with Livent former Corp. Development Director to create, Arcadium at Orocobre and Allkem 10 Lithium, a US$10.6Bn1 top • Orocob
Slide 15: Value creation in the Li sector: commodity price leverage
Value creation in the Li sector: commodity price leverage • In the last price upturn, spodumene concentrate rose c.1500% (Aug 2020 Performance of lithium equities during last price upturn (Aug 2020 – Dec 2022) – Dec 2022) 3500 • Other hard rock lithium developers and new producers rose between 3000
Slide 16: Value creation in the Li sector: Peers
The value opportunity right now: Value creation in the Li sector: Peers •At c.£95m/US$116m Mkt Cap, SAV trades at 0.12x post-tax NPV (8%) of US$953m2 1 •Post Scoping Study peers: 0.47x (SAV ~US$450m) P/NAV (x) for lithium peer group1 •New producers: 0.57x (SAV ~US$540m) 3 Long term target: 2 •Establ
Slide 17: Our ambition: a benchmark project, with value delivery on all fronts
Our ambition: a benchmark project, with value delivery on all fronts Priorities Some of the fronts in which we’ve progressed well recently •A better world: less oil, less CO2, European Team Licencing standards applied to lithium mining •A more resilient EU: less subject to geopolitics, imports, supp
Slide 18: SAVANNAH
SAVANNAH
Slide 19: Thank you
THANK YOU Enabling Europe’s energy transition Savannahresources.com Savannah Resources info@Savannahresources.com @SavannahRes 19
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