Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 08
Savannah Goldfields Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Savannah Goldfields Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: AUD 0.015
Transaction Features: Subsequent Direct Listing Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Dec 24
Forecast to breakeven in 2026 The analyst covering Savannah Goldfields expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$3.00m in 2026. Earnings growth of 79% is required to achieve expected profit on schedule. Duyuru • Oct 16
Savannah Goldfields Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million. Savannah Goldfields Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 274,483,200
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 725,516,800
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Oct 01
Savannah Goldfields Limited, Annual General Meeting, Nov 26, 2025 Savannah Goldfields Limited, Annual General Meeting, Nov 26, 2025. Duyuru • Aug 27
Savannah Goldfields Limited has filed a Follow-on Equity Offering in the amount of AUD 15 million. Savannah Goldfields Limited has filed a Follow-on Equity Offering in the amount of AUD 15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 274,500,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 725,500,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 29
Savannah Goldfields Limited announced that it expects to receive AUD 4 million in funding Savannah Goldfields Limited announced a private placement that it will issue convertible note to existing shareholders including substantial participation by directors and a new cornerstone investor for the gross proceeds of up to AUD 4,000,000 on April 29, 2025. The Company is well advanced in finalizing the approval from the requisite majority of holders of the Company’s existing issued Convertible Notes to amend the Terms of Issue of the Convertible Notes that currently are due to mature 31 October 2025. Duyuru • Feb 05
Savannah Goldfields Limited has filed a Follow-on Equity Offering in the amount of AUD 5.407382 million. Savannah Goldfields Limited has filed a Follow-on Equity Offering in the amount of AUD 5.407382 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 79,407,207
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 281,084,916
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Transaction Features: Rights Offering; Subsequent Direct Listing Duyuru • Oct 04
Savannah Goldfields Limited, Annual General Meeting, Nov 29, 2024 Savannah Goldfields Limited, Annual General Meeting, Nov 29, 2024. New Risk • Oct 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 81% per year over the past 5 years. Market cap is less than US$10m (AU$6.18m market cap, or US$4.28m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (40% increase in shares outstanding). Duyuru • Jul 17
Clara Resources Australia Ltd (ASX:C7A) completed the acquisition of remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG). Clara Resources Australia Ltd (ASX:C7A) agreed to acquire remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) for a consideration of AUD 4.1 million on February 14, 2024. The definitive agreement has been signed on May 3, 2024. Prior to the transaction, Clara Resources Australia Ltd (ASX:C7A) held 40% in Renison Coal Pty Ltd. The consideration consists of AUD 3.06 million in cash, AUD 0.8 million as earnout payment and 11.1 million Clara Shares. The transaction is subject to the approval of Clara Resources Australia Ltd shareholders. The transaction is expected to close on April 30, 2024. As of April 4, 2024, the transaction has been approved by shareholders of Clara Resources. As on July 2, 2024 The expected completion date has been extended to July 10, 2024 and consideration of AUD 4.26 million in cash has to be paid and Clara Resources Australia Ltd to issue 11.1 million shares to Savannah Goldfields Limited. As on July 11, 2024 the expected completion date has been extended to July 16, 2024.
Clara Resources Australia Ltd (ASX:C7A) completed the acquisition of remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) on July 17, 2024. Board Change • Jun 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 21
First half 2024 earnings released: AU$0.062 loss per share (vs AU$0.023 loss in 1H 2023) First half 2024 results: AU$0.062 loss per share (further deteriorated from AU$0.023 loss in 1H 2023). Revenue: AU$10.2m (down 19% from 1H 2023). Net loss: AU$12.4m (loss widened 225% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Duyuru • Feb 16
Clara Resources Australia Ltd (ASX:C7A) agreed to acquire 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) for a consideration of A$ Clara Resources Australia Ltd (ASX:C7A) agreed to acquire 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) for a consideration of AUD on February 15, 2024. Prior to the transaction, Clara Resources Australia Ltd (ASX:C7A) held 40% in Renison Coal Pty Ltd. The consideration consists of AUD2.375 million in cash, AUD1.485 million as earnout payment and 11.1 million Clara Shares. The transaction is subject to the approval of Clara Resources Australia Ltd shareholders. The transaction is expected to close on April 30, 2024. Board Change • Feb 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Dec 21
Savannah Goldfields Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million. Savannah Goldfields Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 333,333
Price\Range: AUD 0.15
Transaction Features: Subsequent Direct Listing Duyuru • Dec 20
Savannah Goldfields Limited has filed a Follow-on Equity Offering in the amount of AUD 0.05 million. Savannah Goldfields Limited has filed a Follow-on Equity Offering in the amount of AUD 0.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 333,333
Price\Range: AUD 0.15
Transaction Features: Subsequent Direct Listing Board Change • Nov 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Peter Wright was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 31
Savannah Goldfields Limited Announces Resignation of Brad Gordon, Non-Executive Director Savannah Goldfields Ltd. advises of the resignation of Non-Executive Director Mr. Brad Gordon. Duyuru • Oct 07
Savannah Goldfields Limited, Annual General Meeting, Nov 30, 2023 Savannah Goldfields Limited, Annual General Meeting, Nov 30, 2023. New Risk • Aug 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.5m (US$9.48m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$20m free cash flow). Shares are highly illiquid. Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (AU$14.5m market cap, or US$9.48m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). 
