Shuka Minerals Share Discussion Threads

[mrblobbythe2nd] 08/2/2024 14:18

This is going to blow, sod all available online, £7m m/cap, market makers caught out, even at 20p the m/cap only £12m

[whoppy] 08/2/2024 14:15

Because it's an opportunity to ramp the company. SKA are now a battery metals/mineral miner with other projects that are being acquired, but this hasn't happened and Jason Brewer is desperate for a bit of attention to hide the fact they've not delivered on their promises. That's just a retweet by Jason and is no relation to Shuka Minerals. The mine at Rukwa is a coal mine. There is no helium.

[space_dust] 08/2/2024 14:13

Here is their re-tweet concerning Helium

[space_dust] 08/2/2024 14:09

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 !

[paulscb] 08/2/2024 14:06

Zero helium. Its coal. Not licensed to explore for helium anyway.

[whoppy] 08/2/2024 14:03

Doubt there's helium here. HE1 is not proved commercial. Anyhow, SKA is a coal licence. They can only extract coal. But they haven't been doing that. The licence is in question and obligations haven't been met so there is an uncertainty over the licence and who actually owns it.

[space_dust] 08/2/2024 13:56

Sod all available online, is this about to be the next bagger ??

[mrmcnee] 08/2/2024 13:52

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.

[iceagefarmer] 08/2/2024 13:50

looks like helium one money coming in here..this is the place to be

[scoots] 07/2/2024 11:04

Anyone else having problems with posts being attributed to the wrong poster?

[scoots] 06/2/2024 09:12

Maybe the new team have realised their mistake.

[juliemara] 06/2/2024 09:04

ZOX story retold!

PS Spoiler, that didn't have a happy ending!

[gardenboy] 06/2/2024 08:55

What will Shuka do with these zinc tailings if they ever get them. Why did Jubilee dispose of them despite having the Sable Refinery next door ?Looks dodgy to me

[scoots] 25/1/2024 10:11

They have funds in-house, if you can believe it.

[whoppy] 25/1/2024 07:55

Depends how they fund an acquisition. Likely to be heavy equity dilution at 10p which will blunt any rise.

[mrmcnee] 25/1/2024 07:46

Will continue to add here at these low levels, this is so below radar - the potential upside could be staggering.

Only 60m shares issued, nearly 50% held by the new team who will not be selling, no dilution flagged, whats not to like.

[goldenshread] 25/1/2024 06:32

Recent post, Reddit is a shrewd investor.

[runster] 24/1/2024 12:26

Starting to move now.

[juliemara] 22/1/2024 15:18

A jaded audience isn't impressed!

[goldenshread] 21/1/2024 18:44

This looks positive....

[scoots] 18/1/2024 13:00

About 7.......if only.

[bargainbuyer] 18/1/2024 11:05

£7 mill cap.
Will be over £50 mill company in due course from what I am hearing.
How many bags will that be?

[goldenshread] 18/1/2024 08:49

Have added recently, recent tweets from Brewer suggest RNS is imminent.

[mrmcnee] 18/1/2024 08:22

There is no way they are depending on Rukwa to acquire a new project, Quinton van der Burgh is a billionaire. If anyone can sort out the legacy issues at Rukwa it is him with his coal expertise.

The November interview suggests the new project will be ready to go, fully financed with near term production, it looks like nickel or copper.

IMO the lack of interest here is partly due to ignorance of what is about to happen.

I re-iterate that it is way past time all was revealed and when it is we should be very well rewarded by way of shareholder value.

Still time to get in for a potential multi bag (or more)