Shanta Gold Share Discussion Threads

[tradingsun1] 24/1/2022 07:29

"2022 gold production is weighted approximately 65% towards H2 2022 reflecting mining of the high-grade Bauhinia Creek crown pillar beginning in May 2022."

let's hope it all goes to plan..... always Jam tomorrow .......

[fitton] 24/1/2022 07:24

Increased guidance, but not improving until later in the year.Excellent report, excellent company but not certain much upside today but certainly little downside.

[johnwise] 23/1/2022 07:34

VIDEO

Beware of Bank Bail-Ins - A Bail Out Using Your Money

[jasper2712] 21/1/2022 14:58

There are some dribblers out there who have made a lot of money from it!

[chestnuts] 21/1/2022 14:58

Plat
That’s unfair I only dribble after a few drinks and I have learnt that we have left and right feet

[plat hunter] 21/1/2022 14:14

ha ha okay, how is it an inflation hedge? It's not been around long enough to demonstrate any macro trend data for crying out loud.


It's a risk on tool of speculation, and money laundering that's it. It's less efficient than swift as a means of payment, it uses unsustainable amounts of energy and quite literally everyone I know who thinks it's a good idea also dribbles whilst they talk and have their shoes on the wrong feet.

[shieldbug] 21/1/2022 13:33

Wskill - but crypto is an inflation hedge...

[chestnuts] 21/1/2022 13:25

Shanta
Having a presentation on the 24th jan so results Monday

[wskill] 21/1/2022 07:46

Hopefully the great Ponzi scheme called crypto will come to an end and investors will see sense and invest in gold.

[johnwise] 21/1/2022 07:38

VIDEO

The great recession will look like a little correction, compared to what's coming.

[johnwise] 21/1/2022 07:17

VIDEO

URGENT! Why Bitcoin & Crypto Just Crashed

[redhill] 20/1/2022 21:11

On Target

That's encouraging.

[on target] 20/1/2022 19:26

A couple of MMs moved up onto the bid today which could indicate stock is starting to run out at this level. 4 on the 8.5p bid at close.

[redhill] 20/1/2022 19:05

juju44

Some real heavy selling took place as i explained in an earlier post. At present we are seeing large chunks of buying including today @8.75p but the price hasn't moved up.

[juju44] 20/1/2022 16:54

So this stock overhang has been running the shares down for a year . Some overhang

[lowtrawler] 20/1/2022 16:53

RH, I believe that's wishful thinking. I'm hurting more than most from this fall and am confident it will bounce back but we need to be realistic. The fall cannot be blamed on institutional selling. SHG messed up and need to repair what they have done.

[miguel67] 20/1/2022 16:44

The Gold price might help- heading for $1900

[redhill] 20/1/2022 16:10

LT

Still a stock overhang but i really believe this fall is massively overdone and mainly due to institutions changing their portfolios around rather than loss of trust in management.

[lowtrawler] 20/1/2022 13:51

Thanks Chip. Obviously there is a lot of execution risk in the 10 year numbers but I expect WK and Singida to surprise to the upside by way of production.

I believe the main problem is management have lost trust from investors. Until last year, they had been consistently delivering against plan and SHG was starting to be valued as a well run, lower risk and more stable junior goldie. The blips last year caused a reappraisal and we are now valued as a poorly run, higher risk and volatile junior goldie. As we saw, trust can be lost very quickly but winning it back takes time.

The discount, to potential NPV, prices in a lot of execution and management problems.

[lowtrawler] 20/1/2022 13:30

RH, it's always dangerous to call a bottom when the share has already fallen over 50%. The old adage of catching a falling knife. However, usually shares subjected to such a large fall have encountered a major strategic obstacle. In the case of SHG, the fall is a combination of temporary setbacks (with a worry of whether they really are temporary) and sentiment.

If SHG can demonstrate the setbacks are behind them and deliver against plan, a recovery will happen. Unless pog helps, I doubt we will see much recovery in the first half of this year and it could take into the middle of next year but if sentiment turns, we could easily head over 20p.

[on target] 20/1/2022 13:14

Missed that chipperfrd, thanks!

[chipperfrd] 20/1/2022 12:55

On Target,

Remember that GGP's share is currently 30%. So sits at just 1.28Moz.

SHG currently report resources of 3.3Moz.

GGP's MktCap (£562m) is c. 6x SHG (£92m).

[on target] 20/1/2022 12:51

West Kenya resource upgrade is due this quarter I believe. Wonder how this will compare with £600m+ GGP's Havieron with its resource of around 3.5M oz at 2g/t.
Could compare quite well.