Shanta Gold Share Discussion Threads

[redhill] 30/3/2019 19:49

Not sure where you are getting $44.34 million from.

[redhill] 30/3/2019 17:57

Ok i will rephrase that.

They earn enough money to meet debt repayments plus repay the Convertible loan notes of $5 million in the current financial year.

They only need an extra $5million above 2018 's repayments.

[juju44] 30/3/2019 13:45

But why is he here ?

[jc2706] 30/3/2019 13:27

Well, he has been right none of the time so far so he might as well carry on being wrong although why he hasn't got anything better to do with his time I have no idea. I am pretty convinced that he doesn't believe it either.

[redhill] 30/3/2019 12:46

Ag

You have an obsession with a placing.

Shanta earn enough money at present to cover all liabilities to the end of the financial year and you know it.

[redhill] 30/3/2019 09:37

In one of his interviews this quarter Eric suggested that production was continuing at the same rate as last quarter but i believe that was sometime in February.

I'm looking for about 22000 oz this Q at an average price of $1300 an oz unless they have wound down part of the hedge.
Always the optimist. :0)

[redtrend] 30/3/2019 05:57

338 - where did you find the reference gold production in Q1 is as high as Dec?

With focus on Bauhinia Creek, I don't doubt this may be the case, just can't recall myself where this was mentioned.

I also can't remember what the Dec production alone was stated, only that it was quite high (considering Q4 18 itself was high at 23,942 oz).

[338] 29/3/2019 16:17

monthly gold production in Q1 is as high as in December

[jasper2712] 29/3/2019 15:53

Based on? Only a VAT repayment would do this and we have been waiting for this for well over two years.

[338] 29/3/2019 15:49

within 3 weeks, I predict SHG will be up by 40%..

[jasper2712] 29/3/2019 15:40

Strange goings on here. I tried to buy 30000 and couldn't. Tried a dummy sell and could sell 50000 no problem but the share price is down? Very odd.

[goodgrief] 29/3/2019 14:59

https://www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2019-03-29/russia-is-stocking-up-on-gold-as-putin-ditches-u-s-dollarsOne for old misery guts...

[redhill] 29/3/2019 14:11

Rush for the exit ! How do you work that out. You still haven't worked out that buys below mid price show as sells.

Better still you had better pay more attention to AG.

[juju44] 29/3/2019 14:04

No tree shake , its a rush for the exit. Think I will pay more attention to AG in future

[juju44] 29/3/2019 13:49

Thats it all over for another spell.

[redhill] 29/3/2019 13:28

Must be really short of stock to shake the tree like this. Gold going back up as well.

[redhill] 29/3/2019 12:23

ag

Disagree. They don't need finance to keep the company afloat at the present time.Plenty of funds to repay the $5 million notes due shortly.