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SKA Shuka Minerals Plc

-0.125 (-1.59%)
Last Updated: 09:51:44
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Shuka Minerals Plc SKA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.125 -1.59% 7.75 09:51:44
Open Price Low Price High Price Close Price Previous Close
7.25 7.125 7.875 7.875
more quote information »
Industry Sector

Shuka Minerals SKA Dividends History

No dividends issued between 19 Jul 2014 and 19 Jul 2024

Top Dividend Posts

Top Posts
Posted at 09/7/2024 12:53 by juliemara
£20 worth of shares traded between NEO, MARU, and SKA today!
Posted at 28/6/2024 09:44 by lurker5
Hang on. Where exactly is this acquisition ? SKA says in 'East Africa'. I wouldn't have thought Zambia was 'East Africa'. Its actually nearer central Africa, and Kabwe is in central Zambia.
But If its the old Kabwe mines, remember many cos have tinkered and either let drop or have come a cropper. And if acquired, the 'exploration and development' program (and mining plan) before anything starts will be expensive. So a lot more cash to be raised. On top, no details of that 'in-ground' resource. Can't be reliably calculated without a JORC; how long to extract ? What basis for the NPV - over how many years ? . Its useless as a guide for investors without a lot more detail - eg up-front costs, mining timetable, etc etc ie needs a PEA at least. NPV's are not a guide to what to pay in any case and are never achieved in practice. Maybe a speculation at this low price. But beware if anywhere near pi's back-of-envelope calcs.
Note also from 2023 local press "Kabwe is one of the worst pollution hot spots in Africa because of contamination from a former lead and zinc mine. The mine was originally owned directly or indirectly by Anglo-American and other British colonial companies, later nationalized, and closed in 1994. But the mine’s toxic waste was never cleaned up"
With todays greater emphasis, who knows what environmental costs SKA might meet.
(And why does anyone suppose its so cheap !)
Posted at 28/5/2024 08:50 by johnyee 7
Worth having a look at Fridays late rns if your a newbie.
Posted at 18/4/2024 20:44 by juliemara
Well, someone at SKA knows how to copy and paste!
Posted at 18/3/2024 15:39 by mininglamp
All the links concerning commentary about Shuka by Jason Brewer late last week have been removed. He said he was meeting Ministers and possibly the President of a African country and that there would be news aplenty over the next few weeks.

Tongue in cheek he said he hoped the Nomad was not watching the interview, well it looks like he was and that's why todays RNS came, the fact remains JB was exceptionally upbeat, the share price rallied strongly as a result.

You need to be in SKA to win when the news comes.
Posted at 18/3/2024 08:34 by juliemara
From over 3 MONTHS ago.....

MiningLamp - 13 Dec 2023 - 09:10:56 - 154 of 244 Shuka Minerals and charts - SKA
News on the project injection into Shuka has to be fast approaching, the deal has to be a good one for the credibility of the new management team as it will be their 1st across the 3 stable of listed entities.

I think we will be very surprised over the quality of the project being injected and the upside it will clearly deliver.

If you want in the clock is ticking down.
Posted at 24/2/2024 11:46 by someuwin
Jason Brewer @JB_MiningAfrica ยท24m

Been several months now since getting involved in Shuka Minerals.

During this time key focus has been on finalising due diligence and acquisition terms on a strategic asset in Africa.

Legacy matters now also resolved and clears path ahead to wrap up.

@Shukaminerals_ #SKA
Posted at 12/2/2024 12:03 by juliemara
Why are we assuming a rocket in the SP? Is it just because of the warrant price? The fact that they're going to use SKA as a vehicle for whatever asset it is they're planning to buy doesn't make SKA any more valuable. If the mining site being purchased is a serious bargain why share it with the other 50% shareholders? Why not just buy it privately?? What am I missing??
Posted at 08/2/2024 14:09 by space_dust
A few coming over from HE1 worried others may sell HE1 and come to £7m SKA, expected to see the bashers arrive.

If the matter was not relevant to SKA then why did they Shuka re-tweet a post suggesting it was !
Posted at 08/2/2024 13:52 by mrmcnee
Buyers coming in today based on SKA being close to HE1(helium discovery) near the Mbeya region - it was interesting that SKA re-tweeted a post that brought attention to this also.

Only 60m share in issue here and 50% owned by management.

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