Shanta Gold Share Discussion Threads

[bogotatrader] 29/6/2020 11:54

Small tick up...deal at full ask just gone on

[amazoner] 29/6/2020 11:39

july is coming in two days, REDHILL. good luck.

[redhill] 29/6/2020 11:23

amazanar

Sometime in July i imagine.

[amazoner] 29/6/2020 09:06

do you suggest shonto will announce jv partner for singida in a week or so?

[risa5] 28/6/2020 18:06

Some news about Barrick...

Barrick enters another JV with Loncor in DRC
Loncor Resources says Barrick Gold has entered another joint venture with the junior over two more exploration permits in the Democratic Republic of Congo’s Ngayu gold belt.

[paleales] 27/6/2020 05:34

RBC Capital Markets bigger, longer bit of research pushing the gold miners

[338] 26/6/2020 22:38

Most of the contents in interim usually have been covered in the Q2 update anyway...

[rb1206] 26/6/2020 22:15

REDHILL

Thank you. I appreciate it.

[redhill] 26/6/2020 21:42

RB1206

Yes i know he did but i believe he meant the quarterly update. If you look on the Company website they state August for the interims. Releasing them in July would be some feat !

[rb1206] 26/6/2020 21:08

Red...Luke said Interim being released in July.

[imnotspartacus] 26/6/2020 20:59

When see gold bounce like that you just gotta let it fly!!

[338] 26/6/2020 18:05

PoG is very... very bullish... 🚀🚀🚀

[redhill] 26/6/2020 17:46

21st July is actually the quarterly production results and interims due in August.

[redhill] 26/6/2020 17:44

Looks like a 1 million buy earlier.

[rb1206] 26/6/2020 16:38

Bogota : on 18/6 presentation they said Kenya Completion between 3/6 weeks and Interim around 20th July give n take couple of days.

[bogotatrader] 26/6/2020 16:23

RNS Monday or Tuesday? before end of the month

[redhill] 26/6/2020 13:53

It is 6.4%

[space_bob] 26/6/2020 13:52

Yes you're right. The shares are $7.5 million.

[plentymorefish] 26/6/2020 13:30

10%....are you sure?....I thought it was 6.4% according to the original RNS......

[p_rich1] 26/6/2020 13:26

Predicted value by 2022 if Au over $2000 per oz?

[space_bob] 26/6/2020 13:12

We know why Majedie are making changes:

hxxps://www.gurufocus.com/news/1136986/majedie-asset-management-ltd-buys-boston-scientific-corp-fiserv-inc-ebay-inc-sells-barrick-gold-corp-booking-holdings-inc-first-republic-bank

Nearly a quarter of their billion dollar portfolio was in Barrick, which they reduced by 20% in May. Barrick are due to become a 10% shareholder in Shanta in the next couple of weeks.

[amazoner] 26/6/2020 12:37

i don't want to know the exact reasons behind the large institutions reducing their holdings. waste of time to seek the reality. i want to have a nice x-mas party to celebarate 25p per shonto share (£200m market cap).

[lowtrawler] 26/6/2020 12:25

The reality is we don't know why 3 of our large institutional shareholders have marginally reduced their holdings. It is probably innocent and a coincidence but maybe not.

[space_bob] 26/6/2020 12:07

RB1206 - in some cases they will have strategies where a certain percentage of their portfolios by value will be exposed to gold. Therefore as value of gold shares rise, they sell. Same thing happens with pension funds where a certain percentage by value has to be bonds.