SVG 0.00% 2.2¢ savannah goldfields limited

I suppose that I have one central question for the BoD at the...

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  1. 283 Posts.
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    I suppose that I have one central question for the BoD at the AGM.

    Given that:

    1. at Agate Creek gold indicated & inferred is 367,000oz (noting grade 1.4g/t);
    2.an Enterprise Value (EV) per ounce of gold in Resource (EV/oz) sector average in the market of ~A$135/oz (source Bell Potter research); and
    3. thus providing for an EV.of $49,545,000.00

    Why is LNY's market capitalisation (fully diluted) only $29,000,000.00?

    Remembering that this ignores fully any value in NSW and New Zealand.

    I have many other specific questions; the announcements due and the AGM may address these, time will tell.
 
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