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2.2¢ savannah goldfields limited

The Consolidation, page-27

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Rhazzle

1,224 Posts.

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31/12/22

18:06

Post #: 65490667
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Originally posted by towie: ↑

Hi Rhazzle good to see your postng.Yes as I see things the new CEO and Brad will have all these items that you have suggested should( Could ) happen as their plans for the New Year. I do not live in The Past and will continue to hold and buy a few more as funds become available as I live for The Future and I do see a good one for all shareholders.We all know that we have much too many directors sucking good shareholders funds up.Docmins gripes should all be turned into Constructive Critisiam and he should stay and help make those changes happen .All the best to holders for this New Year Cheers Towie

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I was being a bit tongue in cheek with my post Towie, as I reckon SVG have already fulfilled the 12 points I mentioned.

Originally posted by Rhazzle: ↑

Some ideas for what IMO would be a perfect scenario. How many can we tick off now?

1. We should have at least 580,000 ozs of proven gold within 50 to 100 metres of the surface ready to be mined by a nearby processing plant.

2. We should have at least that same amount of potential gold in 100% owned leases proven through IRGS gold zone locating technology.

3. We should own 100% of a gold processing plant, close to our Agate Creek mine and ideally surrounded by stranded gold mineralisation and dozens of old open pits.

4. We should have plans underway for a second processing plant at Agate Creek to process the less than 3 grams a tonne deposits.

5. We should have directors that are personally heavily invested in the company and hold a majority interest to show skin in the game.

6. We would also like the directors to have family members heavily invested in the company.

7. We should have numerous drilling opportunities, proven by IRGS, to ensure we have a steady flow of gold to be processed over the next ten to twenty years.

8. We should be cash positive with gold bars being produced and sold.

9. In 2023 we should have a year's production of our own gold, equal to, or close to our current market capitalisation.

10. We should have a commitment from the board to take the company to the status of a mid-tier gold producer within 3 to 4 years.

11. We should have a chairman who has been prepared to back the company with his own money, rather than invest in traditional safe-havens.

12. We should have a commitment from the board to pay a dividend in the near future.

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SVG Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $6.183M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

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No.	Vol.	Price($)
2	182000	2.3¢

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0.030	233748	3
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The Consolidation, page-27

The market's shrugged at China's stimulus measures all year. Why is this one different?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACCC seeks Olam divestments before it can buy Namoi Cotton

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

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Buyers (Bids)

Sellers (Offers)

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The Consolidation, page-27

Top Stories

The market's shrugged at China's stimulus measures all year. Why is this one different?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

KalGold rolls out detailed aeromagnetic survey across Pinjin project

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACCC seeks Olam divestments before it can buy Namoi Cotton

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News