SVG 16.0% 2.9¢ savannah goldfields limited

Ann: Quarterly Cashflow Report, page-3

  1. 2,246 Posts.
    lightbulb Created with Sketch. 578
    Another barn burner from SVG.
    Looks like the haul roads will be repaired just in time to be destroyed again for the coming wet season!
    Forecasting 5koz per quarter in CY25. By CY25 the Company was supposed to be on track for "Phase 4" of the Nov 2023 power point deck strategy pipedream ie 1mpta or 15koz per quarter, at least. Lol
    How these morons dont properly weather adjust their production guidance is gobsmacking. In the absence of sealed haul roads, and even that might not be enough, or sufficient working capital to generate massive onsite Georgetown stockpiles it seems abundantly clear that an operation in this location is only good for production 2-3 quarters a year. Or at least it would be if the mill was not a broken down pile of shite.
 
watchlist Created with Sketch. Add SVG (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.004(16.0%)
Mkt cap ! $8.151M
Open High Low Value Volume
2.7¢ 2.9¢ 2.7¢ $5.68K 207.0K

Buyers (Bids)

No. Vol. Price($)
1 2308 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 38418 1
View Market Depth
Last trade - 15.19pm 06/09/2024 (20 minute delay) ?
SVG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.