SVG 17.2% 2.4¢ savannah goldfields limited

Ann: Transformational Gold Plant and Tenement Package Acquisition, page-72

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    If I recall correctly Brad said under $2.5m for refurb needed which sounds reasonable compared to what Maroon had to pay to get Black Jack operational.

    Extract - Laneway Initial Inferred JORC Resource of 951kt t @ 3.9g/t Au for 119,000oz Au.• Further resource estimations underway• Historical tailings to be exploited• 13 exploration permits & 17 mining leases covering 515km2 proximal to Laneways Agate Creek Project • Dozens of former open pits open at depth - end of extract

    Once we are up and running within 6 months the included 119,000 proven gold ozs at say $1000 an oz could also be started to be mined.
    That should cover a few bills!!
    Might even get to see dividends paid before too long!!

    I also took a couple of snapshots from the announcement to refresh our memories -

    https://hotcopper.com.au/data/attachments/4074/4074754-a06d073a046412e4fbfb96a93e6663d7.jpg


    https://hotcopper.com.au/data/attachments/4074/4074764-0b62697af90e5cc20db305849f73408a.jpg


    https://hotcopper.com.au/data/attachments/4074/4074766-ae965718e1747c553efe8b0b90f931fb.jpg

    Last edited by Rhazzle: 10/02/22
 
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