SVG 0.00% 2.2¢ savannah goldfields limited

Ann: Quarterly Activities Report, page-8

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  1. 5,374 Posts.
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    I said a while back that they shouldn't toll feed MAAS with tolling this rubbish low grade ore. They should remain in Georgetown and process their low-grade rubbish, so as to minimise costs. Only toll from Agate once they are serious about being a gold producer by attacking the deeper bonanza zones where the gold is much higher and get a production licence from Agate which isn't happening, do this, then we make serious $$$.

    All we are doing is giving gold away to keeping the admin/rem going, company isn't adding any value, hence why SP is falling south, which it will continue once wet season hits and we produce nothing for next few months..

    All SVG (SHARE VALUE GONE) have effectively done is process all our gold at massive losses, effectively giving away for bugger all and feeding maas income. Conflict imo....
    Last edited by docmin24: 02/11/23
 
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