496 – Savannah Resources and Armadale Capital Plus Canadian Overseas Petroleum Company - Vox Markets
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496 – Savannah Resources and Armadale Capital Plus Canadian Overseas Petroleum Company

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ON TODAY’S PODCAST:

496 – Savannah Resources and Armadale Capital Plus Canadian Overseas Petroleum Company
Savannah Resources
CEO of Savannah Resources (SAV) David Archer talks about their application for two new lithium projects licences in Finland.

Savannah is currently developing its prospective copper and gold portfolio in Oman towards production in late 2017. The Company also continues to advance its Jangamo / Mutamba Heavy Mineral Sands Project in Mozambique, where it has entered into a joint venture agreement with mining major Rio Tinto with a view to building a dry mining operation.

Savannah has also applied for Reservation Permits over two highly prospective lithium projects, Somero and Eräjärvi, in Finland.

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PLUS
Armadale Capital 01
Director of Armadale Capital (ACP) Justin Lewis discusses their Proposed acquisition of a High Grade Coarse Flake Graphite Project in Tanzania.

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PLUS

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“PENNY STOCK WITH POTENTIAL”
Penny Stock With Potential
Today stock is suggested by:
JIM

What’s the name AND ticker symbol (include both please) of the stock with potential?
Canadian Overseas Petroleum Ltd (LSE:COPL) (TSXV:XOP)

What does the company do?
Oil Exploration

How many shares does the company have in issue?
663.9m

What’s current price AND market capitalisation (it has to be less than £100m) of the company?
GBP 4.125, Mkt cap 27.4m

How much cash or debt does the company have?
Just raised $8 million

List three reasons why you think this company has potential.

1. Partner with Exxon. The Company holds a 17% working interest in Block LB-13, offshore Liberia, with ExxonMobil the operator holding an 83% working interest

2. It expects to participate in the drilling of a deep water exploration well in Liberia in late 2016.

3. Experienced management.

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