Shanta Gold Share Discussion Threads

[hazl] 29/1/2020 08:47

What are their costs per ounce I've forgotten?

[hazl] 29/1/2020 08:43

Only just seen the news!

[hazl] 29/1/2020 08:43

Hey excellent!



Good to see you MF!

[mad foetus] 29/1/2020 08:02

Looks great, and breaking out, I'm in for the ride

[338] 29/1/2020 07:50

Getting closer to 45p 🤓

[johnrxx99] 29/1/2020 07:45

Yet another good RNS

[saint in exile] 29/1/2020 07:13

RNS out and a good one at that!

[jc2706] 27/1/2020 16:06

I am amazed at GGP. I really struggle to see the value there and yet it is undeniably strong.

[jc2706] 27/1/2020 16:06

Good to see this moving with all the positives currently in play. News of more movement on VAT refunds will add fuel to the fire but the visibility of a debt free company combined with the prospect of a dividend will provide a lot impetus alone.

[juju44] 27/1/2020 15:18

Bull flag may be playing out - nice

[qs99] 27/1/2020 14:44

choo choo....what a day...GGP, SVE on the back of GGP, POG, SHG....just need HUM to wake up ffs.!!

[redhill] 27/1/2020 14:40

Something is surely going on ?

[redhill] 27/1/2020 14:38

What's happened ?

[qs99] 27/1/2020 14:34

wow, SHG through 11p? CAn this be real?! hehe

[redhill] 27/1/2020 10:53

Also jasper Shanta advised shareholders two years ago that this didn't apply to them as they didn't hold a special mining licence.

[chipperfrd] 27/1/2020 10:07

jasper,

The government already have a 10% free carry on earnings and a 6% royalty on sales although I note that I have marked on my spreadsheet that SHG have attributable earnings of 86% from 2017 - but can't remember where the additional 4% came from!

perhaps someone can remind me.
Chip

[juju44] 27/1/2020 09:08

Nice bull flag on the chart

[hazl] 27/1/2020 09:07

Gold is the new oil....

[jasper2712] 27/1/2020 08:50

What do they regard as "large"?

"The government said it is renegotiating mining agreements with all existing companies to get a minimum 16% stake in each large-scale mine, in accordance with mining laws passed in 2017."

Does a VAT mark down equate to 16%?

[qs99] 27/1/2020 08:47

interesting that 21st April is Q1 and VAT update specifically?

[redhill] 25/1/2020 21:57

www.shantagold.com/_resources/One2One%20Forum%20-%20Presentation.pdf

[jc2706] 23/1/2020 14:46

They have been using it on and off for quite some time. It is useful to be able to have a range of grades stockpiled for the mix to maintain consistent production levels.

[goodgrief] 23/1/2020 13:36

Think it was a case of knowing they were going to meet guidance, they chose to use lower grade ore in Q4 (and save the higher grade for a rainy day).

Apologies if I'm splitting hairs, but reasonable important distinction.