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Savannah Resources ( (GB:SAV) ) has issued an announcement.
Savannah Resources has announced an update to its Equity Incentive Plan, where the CEO has opted to receive his bonus in the form of share options rather than cash. This decision aligns with the company’s strategy to preserve liquidity and strengthen its capital position, while ensuring executive compensation is tied to shareholder value. The move underscores the company’s commitment to sustainable and transparent executive compensation, reinforcing alignment with shareholders and focusing on long-term value creation.
The most recent analyst rating on (GB:SAV) stock is a Buy with a £8.00 price target. To see the full list of analyst forecasts on Savannah Resources stock, see the GB:SAV Stock Forecast page.
More about Savannah Resources
Savannah Resources is a mineral resource development company and the sole owner of the Barroso Lithium Project in northern Portugal. The Project is the largest battery-grade spodumene lithium resource in Europe and is classified as a ‘Strategic Project’ by the European Commission. Savannah aims to contribute significantly to Europe’s lithium battery value chain by providing locally sourced lithium raw material, supporting the European Commission’s goal of increasing endogenous lithium production by 2030.
Average Trading Volume: 2,317,546
Technical Sentiment Signal: Strong Buy
Current Market Cap: £99.3M
See more data about SAV stock on TipRanks’ Stock Analysis page.