SVG 13.3% 1.3¢ savannah goldfields limited

Ann: Presentation to AGM, page-25

  1. 7,761 Posts.
    lightbulb Created with Sketch. 3304
    Correct me if I am wrong but I'm inclined to believe that the following statement made by Bizz published in a paid-article has to be considered as "unfactual spectulation"....

    https://unauthorised investment advice/resources/laneway-begins-next-round-of-high-grade-gold-mining-at-agate-creek/

    https://hotcopper.com.au/data/attachments/2697/2697082-5dcb80c11e99146f68f5d03a7c919434.jpg

    ... or is LNY going to receive the proceeds regardless of the postponement of processing into January?

    Perhaps Bizz should have incorporated PC phraseology such as "likely", "anticipates" or "harsh road conditions permitting" in that statement.

    My opinion is that the company needs to work more on improving its image by actually doing what it states it will do or set more realistic timelines and set more of them (aka run the company like a full time operational one)... and start disclosing beyond the minimum set by ASX disclosure guidelines. That is, disclose beyond what's deemed it's obligation. "Playing the game" is what's holding back the SP.

    We all know that delays happen in the corporate and mining world but it seems to be a recurring story with LNY. Just look at this year alone for an example.
 
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