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3.6¢ savannah goldfields limited

Ann: First Gold Pour at Georgetown from Agate Creek Mine, page-41

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gassed

21,331 Posts.

2082

05/10/22

10:50

Post #: 64036862
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Originally posted by gassed: ↑

Very solid opening this morning that cleared away a few more sellers.
docmin24. I won't be doing much commenting until there is some more definitive news viz. grades, rate of treatment etc, but, I do want to go on record that, IMO, the ONLY, issue, which I belive will be temporary, is how the SP will look after the consolidation and all of those confirmations and new issues, as to how the market will "calculate" that into the Market Cap and the SP. It "could" be messy,
It's a lot to take in and the mitigating factor will be more technical developments and results, as above, that will make those "calculations" easier.
But, SB has his baby and is VERY deeply involved, so, with what we see, it now all depends on those figures and how the grades and throughput are maintained and, hopefully, increased.
But, I do see what docmin24's is thinking, I just think that SB will also have seen them and will address them for all to benefit in the long run.

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Again, definite yes vote, but, I'm sticking to my last post, I'm waiting to see the market reaction next week when it's post consolidation before determining a sentiment.

LNY Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $10.11M

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

Buyers (Bids)

No.	Vol.	Price($)
1	52421	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	82639	2

View Market Depth

No.	Vol.	Price($)
1	52421	0.034
1	60057	0.033
2	184650	0.026
2	175000	0.025
1	200000	0.024

Price($)	Vol.	No.
0.036	82639	2
0.037	167279	1
0.039	13751	1
0.040	50000	1
0.044	50000	1

Last trade - 10.08am 19/07/2024 (20 minute delay)

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