Shuka Minerals Share Discussion Threads

[mrmcnee] 04/12/2023 14:12

One suspects that long awaited news cannot be far away, remember those 25p management warrants expire end December, they were priced in June and I am quite sure the new team will convert them once the new producing asset is injected into SKA shortly.

Exciting times ahead.

[mininglamp] 29/11/2023 08:32

I think most folks are holding awaiting the news which may be transformational, the new owners are no mugs, incoming news has been telegraphed, with so few shares in free float when it arrives it will be very difficult to get in at current levels IMO.

The new project that will be injected here will be close to production with no need for equity funding, this was said in a recent interview.

Folks are inpatient and move to the next hot stock but the best returns are often made when patience is applied.

I see SKA as a £50m+ company in the not too distant future.

[scoots] 24/11/2023 17:43

All the chancers hoping to make a quick buck have given up and moved on.
Most of the long termers are too deep in the mire to have any chance of making a profit.

[juliemara] 22/11/2023 16:21

Where have the paid rampers gone? Has the DD of pieces of silver been stopped?

[juliemara] 15/11/2023 13:20

La La, blah blah!

[m1sterx] 15/11/2023 08:35

The true float here is barely 30m shares with the new Executive Team having the other 30m of the issued capital.

I am rather surprised this is priced so lowly, in their suite of companies the focus has been on MARU and more recently NEO with Shuka under the radar.

The key is SKA has the smallest free float than the other two hence when demand comes in for the shares they will rise more aggressively.

I would not be surprised to see the 25p warrants exercised by the new team either, they expire in December.

The opportunity for the shrewd sits here now therefore.

[mrmcnee] 15/11/2023 08:00

Worth noting that this traded at 15p in September, I think the price will be far higher than that shortly.

[tomboyb] 14/11/2023 13:00

Going up nicely -

[someuwin] 14/11/2023 12:41

We also know that QGC has recently partnered with an Abu Dhabi based fund management co to invest $1 Billion in new green metal miners. And a fair chunk of that will be heading towards SKA / MARU / NEO...

[bargainbuyer] 14/11/2023 12:35

Well, I though Jason was class until I heard Quinton yesterday. He’s a billionaire right.

[bargainbuyer] 14/11/2023 12:29

I’m highly impressed with the Quinton interview, he’s a class act and I agree 10p could become 50p and remain cheap.

[andrbea] 14/11/2023 12:28

I think Quinton has SKA down for progress next year. And we'll hear about bankable, identified projects.

[someuwin] 14/11/2023 12:25

QGC (Quinton van der Burgh) with 30% and GMI (Jason Brewer) with 20%.

Pretty soon we'll find out what assets they'll be injecting into SKA.

But with 50% of the shares between them we can be pretty sure they're going to be good ones.

P.s with just over 60 million shares, at 10p the market cap here is just £6m. Won't be so tiny for much longer imo.

[bargainbuyer] 14/11/2023 10:47

Marula is up 70% in a few days, I reckon Shuka will move next.

[scoots] 13/11/2023 18:17

Just for balance....About two years ago Edenville Energy had very little money, a lacklustre board of directors, two second hand trucks and a few small piles of coal. The share price hovered around 25p.Now, as Shuka Minerals they have a high flying team of entrepreneurs at the helm, piles of cash and yet the share price languishes at 9p.Something seems wrong but good luck all.

[mrmcnee] 13/11/2023 16:22

Interview with the Exec Chairman of SKA, a must listen, Shuka mentioned 30 mins in, announcements to be made shortly.



QGC's Quinton Van Der Burgh will Stand Good For The Investors of #maru, #ska & #neo

[someuwin] 10/11/2023 11:35

Shuka Minerals Plc @Shukaminerals_ ·3h

➡️Mr. Quinton van der Burgh, CEO of Q Global Commodities, the new Non-Executive Chairman of the company has acquired a total shares 17,586,598 through investing with QGC make it the largest shareholder with 29. 20% in the company.

[mrmcnee] 09/11/2023 12:48

Yes but if you listened to Fairbairn he said he would ask about their entire suite of companies.

In respect of SKA I have a feeling they are going to use the listing as a vehicle to inject projects into. Those 25p warrants were very highly priced compared to the new teams entry point and they expire end December, these guys are so wealthy they could even take them up if the share price is under 25p, who knows.

It is clear IMO when the news hits it will be very value accretive, you could see the SKA listing as a shell therefore awaiting news.

I have a decent slice of stock and contented to wait.

[whoppy] 09/11/2023 11:51

It's for NEO Energy Metals IPO not Shuka.

[mrmcnee] 09/11/2023 11:39

Brewer & Quinton are in the City today and interviews are coming, hopefully some comment on SKA, Quinton took office as Non Exec Chairman this Tuesday.

[someuwin] 08/11/2023 08:10

Can currently buy £3k. But not £4k.

[scoots] 07/11/2023 17:24

So far we were better off as EDL.

[whoppy] 07/11/2023 10:34

Yes, hopefully some high value assets coming our way that can be developed.

[someuwin] 07/11/2023 09:17

Remember that QGC has recently partnered with an Abu Dhabi based fund management co to invest $1 Billion in new green metal miners

Hopefully SKA will become their main investment vehicle.

[whoppy] 07/11/2023 08:59

Some good appointment's there at Shuka. Should be some excellent producing assets acquired which will transform the company with these guys onboard. They wouldn't have joined otherwise.