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2.2¢ savannah goldfields limited

Well if our "illustrious" team get off their golden thrones and...

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Shellbell

7,945 Posts.

3407

30/01/20

00:00

Post #: 42632921
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Originally posted by Mercury9: ↑

Fair call Bigmarn. If its 2030 they won't have any SH left.
It's not so important to me if they actually get to open mine or not.
If they find a MOz resource at Agate Creek the SP should rise in multiples.
They may then sell the asset at a higher price to a third party or hold on and go local processing plant.
My plan with LNY is based on my sell price (2-3c) and my holding time (I'm giving them 1 more year to show me the money/asset). There are other gold stocks on the market. Its opportunity cost to stay if I could do better elsewhere.
LNY management need to perform with their assets or SHs will move on.
Directors have enough of their own money in the asset to want it to perform.
Hope you and I can make make some profit on this one.

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Well if our "illustrious" team get off their golden thrones and get something happening then maybe something gold will materialise!

Merc... its no good hoping that Bigmarn makes a profit... unless you share some of your LNY shares with him.

LNY Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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