SVG 4.00% 2.4¢ savannah goldfields limited

Ann: AGM Presentation, page-11

  1. 5,235 Posts.
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    Thanks Rob really appreciate the update, thanks you....

    Just wished I could have been there instead of 5 days in hospital... I don't understand why they didn't do a zoom meeting, at least do 1 thing positive for holders. I am so sick of sitting on big 6 figure losses, with no sight of recovering under this team imo. I would have asked them all to resign and stop doing CN's (12%) to SB, as have milked enough, time for all holders to have a piece of the pie as our core business of gold processing isn't unlocking wealth for us, maybe we can join the very lucrative 12% CNs... What a dog stock this is imo!!!!

    Things are only going to get worst for next 4 months as the area is flooded due to cyclone.... I can see SP going back to sub 1c and hate to say it, I was 100% right of just how bad this poorly timed and structured consolidation was to do!!!! Every holder is now on massive losses and if company remains solvent, is going to take many years to recover especially if they continue to toll crap low grade ore or are unsuccessful in obtaining a mining license for Agate and producing from there...

    Over this sheet company, which to be honest re writes the definition of "ASX lifestyle company" imo. I am furious with SVG on so many fronts. Have a good xmas to all, as this stock isn't going to reward any of us anytime soon, focus on family and other investments or better still spill the lot in 2024, maybe 1c will finally wake holders to act FF$!!!!!
 
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