SVG 0.00% 2.9¢ savannah goldfields limited

Ann: Half Year Accounts, page-281

  1. 745 Posts.
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    Dig that dirt and pour that gold LNY. The dry season cometh.
    Latest gold price chart sees AUD $gold price in ionosphere and rising like a rocket.
    https://goldprice.org/gold-price-australia.html
    US price of gold likely to pass $7000/oz USD soon.
    And Maroon(ed) news
    https://www.i-q.net.au/main/maroon-gold-acquisition-falls-through
    https://au.investing.com/news/stock-market-news/briefeuropean-cobalt-says-entered-into-agreement-to-acquire-maroon-gold-pty-ltd-1993444
    Noted deal included: REPAYMENT OF A$2 MILLION CONVERTIBLE NOTE, ASSUMPTION OF US$18.3M (NYSE:MMM) OF DEBT.
    Highly leveraged. With price of gold this high is it possible for Maroon to unMaroon itself and pay us what it owes us in good faith?

    https://hotcopper.com.au/data/attachments/2119/2119459-2351ed7672cdc131cb62921d40d957c3.jpg
 
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