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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Shuka Minerals Plc | SKA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.25 | -4.55% | 5.25 | 08:45:23 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.50 | 5.25 | 5.50 | 5.25 | 5.50 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 23/8/2024 13:38 by m1sterx Market makers struggling to fill supply, now asking 6.8p for just £2k's worth.Lots of online rumours to the positive concerning SKA currently. |
Posted at 23/8/2024 10:44 by citys2874 good start this morning for SKA and PIP Should both rally today |
Posted at 23/8/2024 08:06 by mrmcnee So the two main players here hold 49% of the shares investing nearly £1.5m last year, namely Jason Brewer and the owner of the fund who will (eventually) put up the £2m into SKA namely Quinton v d Burgh.It looks a no brainer buy down here, especially as Brewer has confirmed the acquisition is still going ahead and more news seems imminent. When BOD's have that much skin in the game you follow their money. No wonder you cannot buy many. |
Posted at 23/8/2024 07:24 by silverspoon2009 Premiums being asked for tiny quantities of stock.Saw this post on LSE, could this be why.... JB is available on X, has reiterated his holding of 11.7m shares, not happy with the share price, has spoken to QvB, from comments on social media and a few who have contacted him he has also suggested funding will come, has re-iterated that SKA continues to complete the acquisition, look out for more RNS updates shortly. I have added, sellers will rue their exit IMO |
Posted at 13/8/2024 14:55 by scoots NEO flying today. Let's hope SKA are next. |
Posted at 09/7/2024 11:53 by juliemara £20 worth of shares traded between NEO, MARU, and SKA today! |
Posted at 28/6/2024 08:44 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 07:50 by johnyee 7 Worth having a look at Fridays late rns if your a newbie. |
Posted at 18/4/2024 19:44 by juliemara Well, someone at SKA knows how to copy and paste! |
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?? |
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