SVG 0.00% 2.2¢ savannah goldfields limited

Ann: Annual Report to shareholders, page-33

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  1. 1,224 Posts.
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    Vancamm getting closer now - LNY BoD advised in the recent Annual Report mining would start again early October which would be about now.
    So hopefully mining has started.

    It would be nice for their media whiz kid director to announce it when they do.
    IMO they probably won't as that could push the SP up!
    I will have some serious questions to ask at the AGM re WHY so few announcements when there are plenty of opportunities to do so.
    Especially when we have a well paid media man on the board.

    Extract from Annual Report - "The company advised the market on 23 September 2020 that contract mining is to commence in early October 2020 at the high grade Sherwood deposit within Laneway’s 100% owned Agate Creek Gold Project in North Queensland. Material from Sherwood is to be toll treated at the Lorena Gold Mine CIL processing plant pursuant to a Toll Milling Agreement that has now been signed.
 
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