SVG 0.00% 2.2¢ savannah goldfields limited

Ann: Quarterly Activities Report, page-62

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  1. 2,257 Posts.
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    Maroon's debt to SVG is being settled by the issuance of $1m stock in the Ashby IPO which after months of struggling, notwithstanding an underwritten deal, and numerous supplementary prospectuses, is supposed to lost this month.
    my view is that it will perform ver poorly and SVG should liquidate its holding at the earliest opportunity. will barely touch the sides given the rate at which SVG burns cash, and before you talk about the forecasts for this Q, I have no reason to have in confidence in them
 
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