SVG savannah goldfields limited

Ann: Date of AGM, page-162

  1. 8,358 Posts.
    lightbulb Created with Sketch. 3679
    Thanks, Docmin. smile.png

    Also, apply the probable fact that Bizz doesn't want to outlay large sums of money on drilling, mining and buying a plant if it has to come via dilutionary Cap Raises. Afterall, he owns nearly 30% of the company. Most junior companies revel in Cap Raises and partake in them to increase their holdings at discounted prices. LNY is a different kettle of fish for Bizz.

    I don't know but I would be inclined to think the POG and the outlook would have Bizz redirecting his full attention towards LNY for a few reasons. And, if it's not, and several drilling campaigns are not on the agenda for next year, along with a permanent and a more highly profitable processing solution, for 2021, then I cant help but have my suspicions confirmed about what could be going on in the background.

    The best we can hope for is that Bizz and co will act upon the fact that they are on notice and the POG is on the up and up. You never know, Docmin, you could strike it rich because Bizz might get that fed up with the situation that he sells LNY! You are literally sitting on a gold mine... it's just the dirt that comes with it that's the issue. wink.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $22.83M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $22.15K 1.055M

Buyers (Bids)

No. Vol. Price($)
2 428809 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 113262 1
View Market Depth
Last trade - 16.10pm 14/07/2025 (20 minute delay) ?
SVG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.