Savannah Resources PLC's (LON:SAV) David Archer talks to Proactive London after raising £2.3m in a placing from both existing and new shareholders.
The money raised will be put towards the Mina do Barroso project in Portugal as well as their Mutamba Mineral sands joint venture in Mozambique.
Archer believes there will be 'enormous demand' for Lithium in Europe and that they are in the driving seat to take advantage of these opportunities.
Price: 2.33 GBX
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Savannah Resources PLC's (LON:SAV) David Archer says a report has found that its Mina do Barroso lithium project could contribute nearly €1.2bn to the gross output of Portugal. The Socio Economic Impact Report suggests the project will boost Portugal's annual export revenue from metal ores by...
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