Shanta Gold Share Discussion Threads

[johnwise] 17/10/2021 13:29

VIDEO

Jesse Watters reveals what's really in Biden's massive spending plan

[johnwise] 17/10/2021 13:28

VIDEO

Jesse Watters reveals what's really in Biden's massive spending plan

[amazoner] 15/10/2021 09:20

wakey wakey shonto

[johnwise] 14/10/2021 22:30

VIDEO

Not Thinking Like the Wealthy Will Cost You Everything,

Warns E.B. Tucker

[johnwise] 14/10/2021 22:29

VIDEO

Not Thinking Like the Wealthy Will Cost You Everything,

Warns E.B. Tucker

[johnwise] 14/10/2021 22:04

VIDEO

Crisis Looms: I Just Bought More Gold and Like it More Than Ever

Reveals Gerald Celente

[johnwise] 14/10/2021 22:03

VIDEO

Crisis Looms: I Just Bought More Gold and Like it More Than Ever

Reveals Gerald Celente

[redhill] 14/10/2021 19:00

Gold can't quite make it through $1800 an oz today.

[338] 14/10/2021 14:33

Come on Eric, show us a good outcome for the Q3 next week...

[lowtrawler] 14/10/2021 12:34

chestnuts, there are as many views on pog as posters on these forums. As soon as we start debating pog, the company specifics of SHG start to get lost. I have explained previously I believe fundamental value for SHG without WK is somewhere around 25p at current pog. I still stand by that view. However, I recognise that some of the risks and uncertainties surrounding SHG will prevent full value being reached at the moment.

There are still too many variables to accurately value WK. My conservative view is it will be larger than our Tanzanian assets and so to assess it as doubling our value.

Of course, you are correct as regards mob mentality when the swing to gold eventually takes place. SHG and other miners will likely see price improvements beyond what can be explained purely from pog movements. We saw elements of that last year but the hysteria had not fully set in. I believe significant pog movement will only commence once the market begins to crash. I have been anticipating a crash for the past 3 years but the huge QE has only led to record highs. When will the crash arrive?

[338] 14/10/2021 12:34

SHG should stay at 23p+ when the quarterly gold production is back over 20koz

[338] 14/10/2021 12:16

hxxps://silverseek.com/article/marc-faber-dollar-doomed-reset-begins-few-are-ready

[chestnuts] 14/10/2021 12:12

fair point

I still think your price on POG is low theres alot of debt to burn away.

[lowtrawler] 14/10/2021 12:08

Chestnuts, all my ramblings are based on current pog. I personally expect pog to reach around 3000 which would better than double those target prices. That's why my final comment was to insert your own view on pog.

[chestnuts] 14/10/2021 11:46

Low

I hope we hit those numbers alot sooner than 2026, i know you are being conservative, but you have to realise we are in an inflationary era and that puts gold and shanta in a different ball park, when the herd arrives all normal working outs go right out of the window.

[lowtrawler] 14/10/2021 11:02

Quarterly production results next week should show we are back on track. If gold also moves higher, or even stays at the current level, I expect around 14.5p. As we move through next year and get closer to Singida production / have WK updates, we should move towards the mythical 20p+ level.

If WK continues to impress and Singida delivers to expectations, 2023 is when I expect we will start to reflect more fair value. Currently, we have execution risk, exploration risk and questions over WK funding which are holding back the share price If everything progresses to expectations and we don't hit any bumps, my target for end 2023 is 30p. Delivery of WK - probably 2026 - should see us at 50p+

Personally, I also expect us to get a bump higher from pog but we all have our own views on that.

[plat hunter] 14/10/2021 10:49

Yup, that's me on the BID, currently I can buy own shares. :-P

[redhill] 14/10/2021 10:26

Actual spread is 14.00p-14.40p at present.

MM's keen to get stock at any price.

[amazoner] 14/10/2021 09:42

my shonto is very undervalue right now 25p is still very cheappy

[amazoner] 14/10/2021 08:55

i want 25p by xmas ha ha!

[amazoner] 14/10/2021 08:55

i want 25p by xmas ha ha!

[amazoner] 14/10/2021 08:54

johnny what is the impact of chinay real estate crisis on shonto?