Shanta Gold Share Discussion Threads

[redhill] 29/3/2019 11:08

Yes plenty to look forward to. Quarterly announcement in less than 3 weeks plus notice of partial notes repayment.

There might be an interview as well putting more flesh on the bones.

[qs99] 29/3/2019 10:51

Now need decent trading update, VAT news and we can wait for progress on the IPO, get a decent value on that, 2019 could be a very nice year...DYOR

[jc2706] 29/3/2019 10:28

I have a suggestion, why don't we wait and see before we make any more predictions that make us look utterly foolish for the 101st time?

[338] 29/3/2019 09:57

AG, it will be a crime to mislead the UK Financial authority if today's announcement doesn't content the truth

Therefore, SHG is very undervalue based on the proposed IPO for Singida

[jc2706] 29/3/2019 09:44

I have a suggestion, why don't we wait and see before we make any more predictions that make us look utterly foolish for the 100th time?

[johnrxx99] 29/3/2019 09:00

Clearly old news

[jc2706] 29/3/2019 08:58

Sounds like the kind of maths that would attract your interest AG. Go for it.

[juju44] 29/3/2019 08:29

Sounds good to me

[juju44] 29/3/2019 08:20

What about "a desperately shrewd move "

[338] 29/3/2019 08:20

the most important is that SHG board has released a proposal of IPO with backing of regional institutions... now they can focus on the main business to deliver dividend

[redhill] 29/3/2019 08:18

And you don't start sentences with AND !

[qs99] 29/3/2019 08:11

muted reaction so far?

[juju44] 29/3/2019 08:09

This is a very shrewd move , politically , if they can pull it off

[338] 29/3/2019 08:01

An IPO in Dar es Salam is politically cleaver move as the SHG need support from African institutions to develop the rest of the licence

49% share of 26,000 koz potential production worth $20 million

current production of 84,000 koz worth $130 million at least... what about other undeveloped sites?

[redhill] 29/3/2019 07:58

JC2706

Yes i was thinking along the lines of Chinese investors wanting to get a foothold in Tanzania but this other solution could work out well.

[qs99] 29/3/2019 07:56

Be nice if they could raise a little more, then get a management charge in to the new co from SHG or something to get a bit of cash back into SHG? DYOR

[johnrxx99] 29/3/2019 07:52

Good move - not increasing our borrowing, assuming they can get it away. If the can't, I hope we don't have to. A divi and reduced debt is the only way to get us really moving imo.