SVG 4.00% 2.4¢ savannah goldfields limited

Ann: Laneway to Resume Gold Production from Agate Creek, page-101

  1. 968 Posts.
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    Guys,

    A disappointing week with no further ANNs about costs.

    I wish this BODs got it and realise they shouldn't be abusing their shareholders.

    It can be very disappointing to see the outcomes that we have seen from the past up unto currently.

    All I want is to see this operation moving forward.

    They need to understand the responsibility they have to their Shareholders which more important then to themselves
    i sincerely hope that this changes in the near future.

    I have never once on any of these Forums cross promoted but I am going to say this that they need to learn from Other Companies BODs - One in particular in the Pilbara who have found a major find and have constantly carried out drilling and producing ANNs that have been spectacular.

    Lny's BODs must become more Transparent and committed to their shareholders and not just themselves.

    They need to get of their backsides and start working for us as well.

    Disappointing to say the least- I have been completely committed to Laneway and Their BODs but they must start working to earn their pay.

    At the moment their simply not earning it.

    A simply change in their thinking and action will go a long way to turning things around.

    I hope that The BODs are reading this post and recognise that they are damaging his business with their constant in-action and delays to the Portfolio.

    Laneway deserves to at least be a successful company by now and should be at a Reasonable SP currently then what we find it at which is a very lousy .007 SP Rate.

    Their Most recent ANN should have set the SP on fire instead it stayed flat and in fact dropped at couple of pips.

    I am an eternal optimist and see great potential but advise that the business needs to be run a lot better now and in the immediate present and future.

    There is no further room for complancy and of non compliance in their FiduciaryDuties as Directors and Senior Managers

    This is the best time for moving this Company forward - we have high Gold Prices

    We we have been here for six years patiently waiting

    Trusting everyone has a good weekend

    Regards


    Red Adair








 
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