Shanta Gold Share Discussion Threads

[tsmith2] 12/3/2019 09:09

Pls Stop feeding him

[redhill] 12/3/2019 09:01

ag

Some of it was raised from shareholders but the rest was borrowed.Loans are now being paid down and shareholders will start to benefit next year.
The share price will reflect that in the coming months.

[redhill] 12/3/2019 08:57

ag

You have one vital flaw in your argument.

You state $113 million in property plant & equipment in December 2012.

That $113 million they spent then has to be repaid and until it is then the Company cannot make payments to shareholders. Some of it was raised initially but the rest was borrowed.

[338] 12/3/2019 07:45

You talked sh*t again AG. Gold mining business is capital intensive and complex, which is unlikely to deliver dividend in 5 years of production whilst the infrastructure is still being developed.

African nations won't need foreign investors if gold mining delivery is so easy like your sh*t.... lol

[tsmith2] 12/3/2019 07:32

off topic but will flag up bluebird merchant ventures (BMV) have a read of the news out today. Into production in fourth quarter - project financing will be overwhelmingly debt

[qs99] 11/3/2019 20:23

Not seen anything, but hopefully that is also on CEO's list to get more coverage. Will help them if a "suitor" does come knocking IMO....and filter AG, easiest way....don't start a new thread as I am not on premium! Thanks!

[tsmith2] 11/3/2019 16:50

any recent broker commentary?

[tsmith2] 11/3/2019 16:49

slightly? He makes things up, twists, lies as nausea

[redhill] 11/3/2019 16:17

You can start a new thread but only premium customers who start it can ban.
Personally i think its good to hear both sides of the argument even if he is slightly annoying.

[338] 11/3/2019 15:21

Zimbabwe used to apply 51% indigenization policy but then got it removed entirely because it could not attract new investment at all

[boraki] 11/3/2019 14:52

Why don't we start a new thread?

[tsmith2] 11/3/2019 14:22

I have him on filter but can some ban the augustgloop.

[338] 11/3/2019 12:10

The news will attract more investors to participate in developing Singida

[338] 11/3/2019 12:09

Tanzania relaxes protectionist regulations in mining sector
(MONDAY MARCH 11 2019)

By BEATRICE MATERU

In Summary
The new mining regulations reduce ownership restriction for local mining firms and financial institutions’ preference.

Indigenous Tanzanian companies, under the amended regulations, now have to own a minimum 20 per cent equity.

Miners have welcomed the amendment, saying it will make the mining industry vibrant.

[tsmith2] 11/3/2019 11:56

hxxps://www.theeastafrican.co.ke/business/Tanzania-relaxes-protectionist-regulations-in-mining-sector/2560-5019246-teggptz/index.html

it's coming...

[338] 11/3/2019 11:01

is that in $Billion, AG?