Shanta Gold Share Discussion Threads

[echnaton1] 15/4/2019 10:51

The interest rate is fairly high; I think the bondholders may prefer later repayment to an earlier one

[redhill] 15/4/2019 10:23

tsmith 2

Agreed. now paying 7.095 to buy.

[tsmith2] 15/4/2019 10:22

through 8p would be swiftly to 10p

[tsmith2] 15/4/2019 10:21

a couple of more buys and we should be off and running

[echnaton1] 15/4/2019 08:50

I do not think that the one month delay in paying off the 5M CL is necessarily indicative of the company having caused the delay themselves.

The troubling thing is that the past contains some actions which appear irrational, e.g. Silverstream, except perhaps, if indeed it was the last straw available. That makes it seem analytical and rational to assume the worst, which of course it isn't. To predict disaster assuming the worst is not much of an intellectual achievement.

Recent calculations of cash movements are incorrect as they assume little or no operating cashflow, i.e. "the worst". The next set of figures ought to provide some soothing numbers. There is little apparent reason why the rest of the convertible notes should not be repayable out of operating cashflow according to current plans.

As for Singida I think Shanta needs more reserves to prolong the life of the mine: that is essential in order to achieve a decent valuation. To finance the expansion of the reserves base through a placing only makes sense with a very negative outlook on things, a more patient approach probably is smarter.

[338] 15/4/2019 08:37

the final results have been released earlier in Feb

[redhill] 15/4/2019 07:58

Not sure about final results but quarterlies are due this Thursday.

[hard work] 14/4/2019 22:41

final results were out on the 16th last year too

[redhill] 14/4/2019 16:47

We could see another uplift in the share price this week ahead of an expected good quarterly.

Maybe similar to last quarter with production in excess of 23000oz. Eric said in his last interview they were throwing off cash.

Also due the regional gold fields report including Lamba & Quartzburg.

[redhill] 12/4/2019 22:26

Wasn't juju 44 lapping up everyone of AG's words a week ago. LOL

[juju44] 12/4/2019 19:15

Sorry guys couldn't take anymore . Worse than Brexit . Both filtered

[redhill] 12/4/2019 19:13

Ag

Go back to playing with your ferrets .

[redhill] 12/4/2019 16:18

When are the Market Makers going to let this go up ?

[redhill] 12/4/2019 16:16

blah blah blah,blah blah blah !

[338] 12/4/2019 15:15

AG made up a worrying story ... lol . not bothered

[echnaton1] 12/4/2019 15:01

The assumption that the note holders collaborate to make an early repayment possible may be incorrect; I think too much is being read into the May repayment date