Shanta Gold Share Discussion Threads

[jc2706] 25/7/2019 14:45

I prefer to make fun of him. Each to their own.

[hazl] 25/7/2019 14:43

I THINK WHAT ANDYPAR IS TRYING TO SAY IS IGNORE HIM.

[jc2706] 25/7/2019 14:37

Exactly Redhill.

AG, it would appear that I overestimated your mental wattage. Please accept my apologies.

[juju44] 25/7/2019 14:25

Yep , this thread is infantile and ridiculous

[338] 25/7/2019 14:21

excellent comment from you, andypar :)

[andypar] 25/7/2019 14:14

I can't beleive you are all still replying and debating with AG, you are only encouraging him.

He is always changing his argument of doom and cherry picking numbers to suit his position.

The skill of a good investor is to change your view as the facts change not keep on the same entrenched position regardless.

I have no doubt that cash is very tight at Shanta, but the company is very carefully managing the situation. With Illunga $8m capital spend now behind us and with POG 1400 the cashflow / debt over the next 6-18 mths should continue to improve.

Plus a there is potential for a partial or full VAT rebate in the next few months.

Everything is looking good. Trust the management.

[redhill] 25/7/2019 13:17

AG

I guess it is a non cash provision as the contract will eventually have to be fulfilled.

[hazl] 25/7/2019 13:15

Indeed redhill.

[redhill] 25/7/2019 13:04

Good spot hazl.

Seems very encouraging on the VAT front.

[jc2706] 25/7/2019 12:09

I think that the explanation is obvious and even you must have the brain wattage for that one AG.

[hazl] 25/7/2019 11:59

That looks like a magic 'W' on the chart to me!

[redhill] 25/7/2019 09:39

Maybe when the hard copy comes out it will help and of course there are a lot of people away on holiday.

[jc2706] 25/7/2019 09:36

Yes I know but the volume is poor considering it has been tipped which suggests that those readers of IC who are likely to buy in at this stage have already done so based on previous tips.

[redhill] 25/7/2019 09:31

JC2706

No the trades below mid are buys. You can buy at 8.2249p

[jc2706] 25/7/2019 09:08

Trading suggests otherwise! :-)

[redhill] 25/7/2019 09:04

Yes i believe so but of course there are always new investors who haven't yet tested the water.

[jc2706] 25/7/2019 08:54

Since May 2018 as far as I can tell.

[jc2706] 25/7/2019 08:52

It's been tipped for some time though hasn't it?

[qs99] 25/7/2019 08:47

haha, yes, being a little unkind.....good sauna days all