Australia's largest stock trading and investment forum Australia's #1 stock forum

SVG

Click for more information

0.00%

2.4¢ savannah goldfields limited

I agree with everything you say, except that I did stretch it a...

First 3 Last

Share
Profile

Follow
Suzygs1000

1,065 Posts.

293

03/02/24

14:45

Post #: 72220408
Share

Originally posted by Mercury9: ↑

AUD$1.86m loss for last qtr, and now $5k left in the bank ... with poor weather continuing in Feb-March as still in wet season. AISC of $4+ k again, so operating at a loss, with poor feed volume.
Depend on the entitlement offer to continue operations, as now 3 qtrs of back to back losses.
At capacity AISC $2k ,and 5000oz a qtr, gold price $3.5 ... earnings of $7.5m qtr possible.
Good to see exploration and plant feed planning close to Georgetown plant (Big Reef @3g/t) with 3rd party local feed.
Ill still participate in EO but not robbing the piggy bank here. Low stress, low investment.
Merc Out

Expand

I agree with everything you say, except that I did stretch it a bit to take up mine .. The decision to mine Big Reef straight away is a good one ... if they can get into that before the end of the wet, and the mill doesn't play up again, it may be a good quarter ...

SVG Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 3 Last

Add SVG (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $6.746M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$1.9K	79.16K

Buyers (Bids)

No.	Vol.	Price($)
2	93159	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	50993	3

View Market Depth

No.	Vol.	Price($)
2	93159	0.024
1	474	0.023
1	23250	0.022
2	174333	0.020
1	833416	0.012

Price($)	Vol.	No.
0.029	50993	3
0.031	15938	1
0.033	19801	1
0.035	68888	1
0.040	50000	1

Last trade - 11.38am 18/06/2024 (20 minute delay)

SVG (ASX) Chart

SPONSORED BY