Shanta Gold Share Discussion Threads

[johnrxx99] 08/2/2020 02:20

Were the director purchases option take up or market?

[hazl] 07/2/2020 15:31

well done shanta beating the odds.

[hazl] 07/2/2020 12:33

Phone yuk anyway doing well

[hazl] 07/2/2020 12:32

edit


sorry agree with you but my phone didnt understand the symbol!

[mad foetus] 07/2/2020 10:11

Spread narrow, breakout so near!

[jc2706] 06/2/2020 15:45

I suspect that gold is going to double in price anyway - I don't think that there will be any particular link to Trump (who I believe will be re-elected based on the fact that the Democrats don't seem to be able to present a coordinated front). Unfortunately the world is currently run by complete imbeciles. It seems to get worse as the years roll on.

[shieldbug] 06/2/2020 15:41

Trump will make the price of gold fly. If he is re-elected gold may well double in price. Just imagine that unrelenting bubble of an ego thrashing the global economy for all he's worth.

[338] 06/2/2020 11:12

PoG is going up again

[338] 04/2/2020 07:11

Only CMCL went up strongly in the last few days...

[shieldbug] 03/2/2020 17:05

Issue of shares is about 0.8% of total. Against the upgrade in Singida JORC some performance pay shares is insignificant.

I would say it is more likely more positive market sentiment this afternoon. Centamin was down 3% today.

[redhill] 03/2/2020 16:46

fitton

Very unlikely .

[hazl] 03/2/2020 16:15

Gold is dropping but I dare say it will be up again.
I only hold SHG now.

[fitton] 03/2/2020 15:56

I am assuming the issue of 6 million shares on about the 6th is the weakness here

[risa5] 02/2/2020 17:25

Here's What We Think About Shanta Gold Limited's (LON:SHG) CEO Pay

Eric Zurrin has been the CEO of Shanta Gold Limited (LON:SHG) since 2017. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This process should give us an idea about how appropriately the CEO is paid.

Check out our latest analysis for Shanta Gold

How Does Eric Zurrin's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Shanta Gold Limited has a market cap of UK£86m, and reported total annual CEO compensation of US$768k for the year to December 2018.

While we always look at total compensation first, we note that the salary component is less, at US$290k. We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation.

We took a group of companies with market capitalizations below US$200m, and calculated the median CEO total compensation to be US$327k.

As you can see, Eric Zurrin is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Shanta Gold Limited is paying too much. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.

[turvart] 29/1/2020 20:04

Good stock to be in is SHG, you won't go far wrong here.

[redhill] 29/1/2020 20:01

Come on now chip. Pay attention. LOL

[chipperfrd] 29/1/2020 17:03

Sorry jasper, I misunderstood your post.

[jasper2712] 29/1/2020 16:54

I wasn't talking about the hedge they have in place. They over estimated the reserves by 45000 oz which then had to retracted . It was posted ,very discretely, in results about 3 - 6 months ago and also mentioned by Eric during a presentation

[chipperfrd] 29/1/2020 14:06

jasper,

It's never a mistake to insure against downside risk in the gold price when you have debt to service!

The CEO states that the remaining hedge will be eliminated at NLGM over 2020 as the debt dissipates and that they will then have no further need to hedge.

Singida is a wholly different project and much will depend upon the success (or otherwise) of it's IPO on the Tanzanian exchange. It will certainly be very interesting to learn the terms and resulting attributable % of earnings that will accrue to SHG.
Chip

[jasper2712] 29/1/2020 13:59

I hope they have got it right this time and don't have to take off 45000 oz . Surely they have learned from their mistake.

[chipperfrd] 29/1/2020 11:38

Looking good for the Singida IPO. I look forward to the Reserve and new mine plan, NPV, etc, in a couple of months.

[hazl] 29/1/2020 11:14

thank you.

[mad foetus] 29/1/2020 09:27

About $900 AISC and $675 cash from memory: the difference is cost of exploration and upgrading power station from memory, I've been watching this one for some time (since, before I was a PI, my investment adviser bought me some convertible notes that had a strike price of 35p actually. One of the reasons I fired him!)

[juju44] 29/1/2020 09:09

Never responds well to news