Shanta Gold Share Discussion Threads

[plentymorefish] 22/6/2020 12:41

Yes....c'mon shonto....I mean shanta.....jeez, you've got me at it now!......

[amazoner] 22/6/2020 12:34

just topping up.
good luck for me and stockholders of shonto gold.

[bogotatrader] 22/6/2020 12:31

Buy volume coming in now with a couple of 200k plus trades...2 Ms now on bid at 11.50

[bogotatrader] 22/6/2020 12:25

Bid chatter on LSE Bulletin Board

[32campomar] 22/6/2020 12:09

Don't get too carried away It's been bouncing in this range since mid April, it has to get above 12 bid for breakout

[redhill] 22/6/2020 12:04

This maybe it !

[338] 22/6/2020 11:54

Better this week

[plentymorefish] 22/6/2020 11:43

Can you be more specific.....I was thinking 08:12 on 02/07/2020!....

[338] 22/6/2020 11:41

The breakout is going to happen pretty soon... Between now and first week of July 👍

[juju44] 22/6/2020 09:14

Someday you will be right - just keep saying it

[338] 22/6/2020 09:08

Ready to breakout 🚀🚀🚀

[jc2706] 21/6/2020 21:01

With that grade it is something pretty special. Fingers crossed it proves to be what it appears to be!

[chestnuts] 21/6/2020 17:41

Listening to the presentation they said the deal for Kenya as been on going since the price of gold was $1240 this makes you think the hedge was taken out so they could afford to buy the Kenya deal,
And i must admit they do make the Kenya deal sound very good indeed,

[chestnuts] 21/6/2020 16:45

Jc2706

I agree gold miners are about 3 times behind the curve of 2008/2011 considering the price of gold.

[jc2706] 21/6/2020 16:31

Interesting. Chinese companies tend not to pay much of a premium but this suggests otherwise. I don't think that gold miners properly reflect the current price of gold let alone what I think will happen over the next few years.

[space_bob] 21/6/2020 13:17

I've read quite a few articles over the last couple weeks about Chinese companies buying up small gold miners:



I'm sure Shanta is in their sights.

[space_bob] 21/6/2020 13:12

As Eric pointed out in the presentation, a new Finance bill is going through in Tanzania which includes provisions for tax appeals. I believe it comes into force on the 1st July. Also whatever the size, the repayments have been recent - if they planned to give no repayments then why start now?
When I was looking for the details of the finance bill, I also read about various tax changes in Tanzania due to corona-virus, such as reduced turnover tax, reduced corporation tax, reduced VAT rate. Every little helps.

[jasper2712] 21/6/2020 12:54

Owed over $20m in VAT. This has been an ongoing issue for years and doesn't look to be resolved any time soon. Two paltry repayment were returned which basically were a drop in the ocean compared to what is now owed and this is increasing as I type.

[chestnuts] 21/6/2020 12:14

Can any one help

As the VAT always been a problem or is something new

[redhill] 21/6/2020 09:33

Actually we might need the universal translator captain .

[alangriffbang] 21/6/2020 08:15

Looks like another one to filter ,

[fsawatcher] 21/6/2020 08:06

jus wait for barrack deal to close

then eric gonna tell yous the real story and it gonna wake market up

eric cart tell ya how massooof kenya ops are until deal closed

it so large it make a carrot look bigga than shard