Shanta Gold Share Discussion Threads

[338] 19/10/2019 17:44

The above eps estimates wiil double when PoG hit $2,000

[338] 19/10/2019 17:42

After all debts get paid off, I think Shanta can easily deliver eps 3p...

With Singida will increase to 4p...👍

[risa5] 19/10/2019 14:20

Andrew Maguire Explains How Banks Manipulate Gold and Silver COMEX Markets

[risa5] 19/10/2019 13:57

Yes with SHG making steady progress under EZ, seems AG has given in and called it a day.

[imnotspartacus] 19/10/2019 13:25

Ag not posting? Maybe that’s a buy signal

[kennyp52] 18/10/2019 19:50

Only cleared a small part of the hedge so I am expecting a further hedge reserve in the financials. They are betting against POG rising further which looks possible but with 43,000 ounces still to clear it’s a double edged sword .

[tomrob] 18/10/2019 18:46

In a shrewd bit of business they've managed to persuade others to support the local schools on their behalf.

[jasper2712] 18/10/2019 14:35

I personally would rather they continued to support the local schools/farmers/hospitals rather than give a token gesture of a dividend. They do seem doing their bit at the moment but the more the put back into the community the better it would be for all.
It would go down better with the TZ government and might help to resolve the VAT problem which has been going on for far too long now and the amount owed is getting ridiculous.

[qs99] 18/10/2019 14:34

JC too right, keep shtum.....

by the way, HUM has ticked up today 6%, looks suspicious ahead of its next trading update IMO which that board suggests could be next week....DYOR, but un hedged to gold price rise....

[jc2706] 18/10/2019 14:29

risa5,

Shhh! Relishing the peace.

[redhill] 18/10/2019 13:36

auto quote 8.32p--8.65p

[cpap man] 18/10/2019 13:00

Full ask now @ both SHG & KAV for that c500k so the next ones must be higher?

[risa5] 18/10/2019 12:54

Where is ag?

[338] 18/10/2019 12:35

hxxps://youtu.be/QET2TvQkIao

[338] 18/10/2019 11:52

Spending $1m for dividend should not affect the current business operations, I think, as PoG is going to go far higher soon

[338] 18/10/2019 11:49

Distributing $1m or 0.1p per share annual dividend can attract financial institutions to buy big volume of shares 👍

[qs99] 18/10/2019 10:30

I like the EV/EBITDA bit of the presentation.....more and more compelling.....IMO....DYOR. At least VAT resolution "continues" so let's hope even a decent chunk of that comes in somehow

DYOR and GLA

[redhill] 18/10/2019 10:16

Just seen on twitter that Numis have commented so if anyone has details could they kindly share.

[redhill] 18/10/2019 10:14

Any broker comments or upgrades yet ?

[338] 17/10/2019 22:49

Thanks, I found good link

[imnotspartacus] 17/10/2019 20:43

From the presentation

[338] 17/10/2019 19:52

Where did you get $1462 figure?

[imnotspartacus] 17/10/2019 19:48

$1462 avg gold price for Q3 is pretty good regardless of the hedge.

[338] 17/10/2019 19:44

Let's hope the total annual gold production can exceed the higher end target by 4,000 oz (i.e. 88,000 oz).

That should be enough to cover potential shortfall of $5.5m for forward sales.