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Savannah Resources (LSE:SAV) Allowance For Loans And Lease Losses


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What is Savannah Resources Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Savannah Resources (LSE:SAV) Business Description

Industry
Traded in Other Exchanges
Address
Salisbury House, London Wall, London, GBR, EC2M 5PS
Savannah Resources PLC is a mineral resource development company. Its flagship asset is the wholly-owned Barros Lithium Project in northern Portugal. The project boasts the spodumene lithium resource in Western Europe and is an analog of the hard rock lithium deposits in Australia. Savannah is focused on the responsible development and operation of the Barroso Lithium Project to provide a long-term, local source of lithium raw material for Europe's rapidly developing lithium battery value chain. Alongside its development of the Barroso Lithium Project, the company maintains an active growth strategy and continues to target additional projects that add value and complement the existing portfolio.