Shanta Gold Share Discussion Threads

[lowtrawler] 10/11/2021 13:47

Really? They confirmed guidance at 60k-65k ounces on 21 October. What makes you think we will do less?

[338] 10/11/2021 13:39

perhaps the annual target cannot be met as the total production could be less than 60koz... but we knew that already

[338] 10/11/2021 13:38

.... and Shanta going down

[338] 10/11/2021 13:37

Inflation YoY Oct in USA is 6.2%... far above expectation... and will keep climbing up... gold should reach $1,900 soon 🚀

[lowtrawler] 10/11/2021 13:22

A market capitalisation of £120m! NLGM should produce a fairly consistent £25m attributable profit when its not hitting rock and Singida £8m. We have the WK development which will probably be more lucrative than what we have in Tanzania. This is an exceptionally well-run company, debt free, looking to recover huge amounts of VAT and enough cash to complete the Singida build. When you deduct value for WK, VAT and cash, we are trading on around 4x NLGM attributable profit and 3x what will be Singida / NLGM attributable profit. In 18 months time, excluding development spend in WK, I would expect us to be generating £40m of attributable cash i.e. we could pause the WK development and buyback 100% of shares over 3 years. From what we can see, the current share price is nuts.

Question is, does somebody know something we do not?

[338] 10/11/2021 13:04

Somfink weird here...

[davethehorse] 10/11/2021 12:45

Bit of a sell off here, maybe the big 3m+ trade late on Friday wasn't the end of the sellers trade?

[capt bligh] 10/11/2021 11:50

Plenty of stock around most of todays trades buys.

[338] 10/11/2021 08:31

Gold and Silver ETF on the move to breakout 🚀

[338] 10/11/2021 08:28

Is the first trade for today a buy or sell?

[johnrxx99] 10/11/2021 07:10

Hope your right RedH

[johnwise] 09/11/2021 19:59

VIDEO

Sean Hannity

America has had enough!

[338] 09/11/2021 19:05

will Shanta still stay idle? 😂

[338] 09/11/2021 19:02

What if the price of gold breaking out above $1,835 tomorrow?

[johnwise] 09/11/2021 16:27

China Begins U.S. Target Practice While Biden Pursues Climate Deal

For China's part, it was discovered that Xi Jinping's military had cobbled together a mock U.S. aircraft carrier along with several other American warships to use for target practice in satellite photos from late October.

At the same time, and sensing the same weakness from Biden's leadership, Russia has been amassing troops and military equipment along its border with Ukraine. The trend has become so alarming, that President Biden dispatched his CIA Chief — Bill Burns — to Moscow to try and talk Putin down from what could turn into another land grab following the military annexation of Crimea in 2014.

[redhill] 09/11/2021 13:56

Someone has just mentioned that the recent seller has now been cleared and we should move up from here.

[juju44] 09/11/2021 13:05

All news here , good or bad , is met with a sell off

[plat hunter] 09/11/2021 12:59

A positive Q4 update imo

[juju44] 09/11/2021 12:45

What will it take to make this dog go up

[redhill] 09/11/2021 10:03

Nope but the Market makers still have to clear that 3 million sale which showed up last Friday after the close. 12.21p to buy at present.

[johnrxx99] 09/11/2021 09:22

Is the market seeing something we are not?

[johnwise] 09/11/2021 08:59

VIDEO

Sean Hannity

America has had enough!

November 8, 2021

[johnwise] 09/11/2021 08:49

Video

"Sky is Falling" show with your host Steve Van Metre!

Always enlightening.

[johnwise] 09/11/2021 08:47

Video

"Sky is Falling" show with your host Steve Van Metre!

Always enlightening.