SVG 0.00% 2.4¢ savannah goldfields limited

Ann: Non-Executive Director Resignation, page-33

  1. 605 Posts.
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    Previously I free carried but topped up a little when Collins Street came on board, so are not overly impacted in the scheme of things (context). I have voted my measly 262000 shares, reading your posts you seem to be in the millions and been here a long time.

    If I had spare cash would I throw more at this? Is this a good buying opportunity? .... Compared to when they were just sitting on ground drilling for gold, applying for mining licences? -

    They are now processing 43200T / Qtr. (1.5 g/t is Significantly lower than planned), and higher grade ore is now being mined, with expected grades improving.

    Operating costs stabilised to $190/T (8.2m for full capacity 43200T/Qtr).

    https://hotcopper.com.au/data/attachments/5706/5706684-d0ea7297aefb63b0e7b327d1b88d6cb3.jpg

    https://hotcopper.com.au/data/attachments/5706/5706674-17bcc13b4ed767433c68215453f38d3d.jpg

    https://hotcopper.com.au/data/attachments/5706/5706658-857833c9a0bd5f0fc0c10234616f66c1.jpg

    https://hotcopper.com.au/data/attachments/5706/5706659-ea61df10492385eb665f5d2849a3105d.jpg

    Based on mined volumes stated in the report I have updated the following, October is done and I have assumed 1.5g/t.
    The 10400, 3900 and 11500 have been mined to be processed. What are the grades?????? They would appear to average 3g/t if they expect approx $1950 ASIC
    https://hotcopper.com.au/data/attachments/5706/5706702-c4b94f200b47dc239e119849e9ebd829.jpg

 
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