London · Delayed Price · Currency is GBP · Price in GBX Savannah Resources Earnings Call Transcripts
Fiscal Year 2026
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The $40m-plus raise lifted cash above $53m, funding work through just before construction. 2026 priorities include RECAPE, a second offtake and conditional project finance, with first concentrates targeted for late 2028 to early 2029.
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The DFS confirms a globally competitive, low-cost lithium project with robust economics, strong local and regulatory support, and significant expansion potential. Key milestones ahead include offtake agreements, project finance, and construction start, with first production targeted for 2028.
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Significant milestones include resource expansion, a major Portuguese grant, and acquisition of the Aldeia concession. Lithium prices and institutional support have strengthened, with DFS completion and project finance expected by year-end. Local engagement and infrastructure are advancing, positioning the project for 2028 production.