SVG 0.00% 3.6¢ savannah goldfields limited

Ann: AGM Dial In Details, page-33

  1. 1,224 Posts.
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    Yes 79bdr to answer your question - LNY have definitely fulfilled my expectations plus some...
    If you study the strategies and actions outlined in their announcements - the current position is clever and bordering on brilliant.
    We have expanded from Agate Creek and are taking more ownership of the Etheridge Goldfields.
    To achieve this LNY or in particular, the BG/SB/SH team have changed up a number of gears and are heading for overdrive!
    The pace has quickened dramatically and am very pleased to see it.

    The big change as you noted was the unexpected CR.
    But IMO it is justified and happy for LNY to do this to speed the process including the purchase of the new high grade ore processing plant, additional leases, and the extensive drilling program.

    As I mentioned in my previous post -
    "Two processing plants look like becoming a reality.
    More drilling results will be coming through from late Feb/ early March onwards.

    Drilling is targeted using their spectral technology results so high likelihood of good results.
    Cash flow will become immediate and constant once plant is secured."

    DYOR


    Last edited by Rhazzle: 01/02/22
 
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