Shanta Gold Share Discussion Threads

[redhill] 19/5/2019 13:07

I don't suppose you will get it much cheaper than £5 with no other fees.
That sounds a real bargain.

[carlsagan1] 19/5/2019 11:18

Interactive Investor have decided to up there fees again...

If anybody can recommend a cheaper broker let me know.

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii

I trade long term and dont always trade each month, so I find it unacceptable for ii to bill me £9.99 each month.

[redhill] 17/5/2019 15:34

Oh its the usual thing about North Mara and the leaking tailings facility.

Anyway the talks are between Barrick & GOT so this is just an aside.

[jasper2712] 16/5/2019 19:57

More chanco of me breaking out in a rash.

[338] 16/5/2019 16:22

Well, the PoG is very volatile at the moment until breakout

[redhill] 16/5/2019 15:04

Level 2 suggests there is only one market maker on the offer 6v1 and i'm still under the impression they were caught out and short of stock when that buying surge came in.
That's why i can't fathom it out.

[jc2706] 16/5/2019 14:46

Where you see a gradual drift down on each trade it generally means that there is more than one market maker competing as they have shares to shift.

[redhill] 16/5/2019 14:34

This is something very odd with this share at the moment. The more punters buy the shares the cheaper they are to buy next time. Been going on for weeks !

[338] 16/5/2019 14:05

Enquiries: contact AG ... lol


Shanta Gold Limited

16 May 2019

16 May 2019

Shanta Gold Limited

("Shanta" or "Company")

Completion of buyback of US$5 million convertible loan notes

Shanta Gold Limited (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is pleased to announce that the Company has completed the buyback of approximately 33.33% of the outstanding unsecured subordinated convertible loan notes due April 2020 ("Notes") formerly held by third parties (US$4.89 million of the Notes) in accordance with the scheme and timetable set out in the written resolutions passed by the holders of the Notes on 26 June 2018.

Those US$9.78 million of Notes that remain outstanding with third parties are redeemable on 10 April 2020.

Enquiries:

[imnotspartacus] 16/5/2019 12:48

33% loan notes paid up...

[redhill] 16/5/2019 12:46

"in accordance with the scheme and timetable set out in the written resolutions passed by the holders of the Notes on 26 June 2018."

Loan notes repaid in accordance with the above. Can't be clearer.No one month extension as suggested by our resident troll.

[jc2706] 16/5/2019 12:45

Can't happen, won't happen, hasn't happened.

Yours,
AG

[redhill] 16/5/2019 11:11

The monies are owed under Tanzanian law. Not just to Shanta but many other Companies.
Shanta employ mainly Tanzanians. Its not all about refunding money to Shanta.Its about making VAT refunds in accordance with the law.

[redhill] 16/5/2019 09:22

Yes AG everything is a conspiracy !

[redhill] 16/5/2019 08:40

Its not just mining companies that are due refunds.Its a wide spectrum of Tanzanian businesses.

[jc2706] 16/5/2019 08:07

Surely not.

[redhill] 16/5/2019 07:37

AG
I'm guessing you have jumped to the wrong conclusion as always.

Sorting Acacia will benefit the government.