SVG 0.00% 2.4¢ savannah goldfields limited

Great news, as I was always concerned about this. Now it's...

  1. 5,258 Posts.
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    Great news, as I was always concerned about this. Now it's finally at arm's length imo, being unsecured from SVG assets, imo. I think we have all paid enough interest, time for this to end imo. Get on with business, produce gold now $2000 and finally replenish our horrible balance sheet. I wish company went to holders first, as I would have loaned a heap over the years at 8% and 12% CN's.

    I like the bit that says it's normal for small ASX companies to have directors set up these 8% PA loan facilities in place, LOL. Normally companies ask SH's to participate in placements, NOT continually loan money and get paid high interest rates then acquire huge shares and greater controlling stake in a company after taking the interest, which in turn actually pay very little for shares, almost free imo.
 
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Last trade - 16.12pm 29/08/2024 (20 minute delay) ?
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