![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shuka Minerals Plc | LSE:SKA | London | Ordinary Share | GB00BN47NP32 | ORD 1P |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
7.25 | 8.00 | 7.625 | 7.35 | 7.625 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
- |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
- | O | 0 | 7.625 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
12/7/2024 | 11:02 | UK RNS | Shuka Minerals PLC Notice of AGM |
27/6/2024 | 20:23 | ALNC | ![]() |
27/6/2024 | 15:06 | UK RNS | Shuka Minerals PLC Annual Results for the year ended 31 December 2023 |
24/5/2024 | 21:18 | ALNC | ![]() |
24/5/2024 | 17:44 | UK RNS | Shuka Minerals PLC Potential Acquisition Update, CLN and Board Change |
18/3/2024 | 19:20 | ALNC | ![]() |
18/3/2024 | 07:00 | UK RNS | Shuka Minerals PLC Company Update |
15/2/2024 | 17:13 | ALNC | ![]() |
15/2/2024 | 07:49 | UK RNS | Shuka Minerals PLC Settlement of legacy dispute with Upendo Group |
07/11/2023 | 19:29 | ALNC | ![]() |
Shuka Minerals (SKA) Share Charts1 Year Shuka Minerals Chart |
|
1 Month Shuka Minerals Chart |
Intraday Shuka Minerals Chart |
Date | Time | Title | Posts |
---|---|---|---|
09/7/2024 | 12:53 | Shuka Minerals and charts | 290 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|
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 13:39 by bargainbuyer Plus the largest shareholder willing to pay 15p/share for funds versus 11p current price.No doubt he can see where Shuka is headed. |
Posted at 26/5/2024 13:43 by mininglamp Here is the 75p a share summary, taken from LSE.HawaiifiveO Trying to put some perspective on the value of the proposed acquisition based on a heavily discounted scenario + fully diluted shares in issue and project NPV. I come up with 75p a share - where will the share price open at I have no idea but 10p will be history, the timing of the RNS will catch many out Tuesday so there could be opportunity to get in before others who may have missed the news. Current m/cap here is circa £6m with only 60m shares in issue with management holding 50%, the free float is tiny. The prospective deal has a NPV of $560m with resource in the ground valued at $2b (NB, numbers based on just 2 of 5 resources as per RNS) Even if you allow for 75% risk discount for delays/inaccuracies/ A simple translation £110m x fully diluted deal close 150m shares would equate to circa 75p a share and that is on only 2 of the 5 resources (if the full NPV was used it would be £3 a share) Comments appreciated but the proposed deal is a mega one, possibly one of the largest in recent times for a AIM listed tiddler. This has to open up circa 15p/20p and run on from there IMO. |
Posted at 26/5/2024 13:42 by mininglamp Target prices are starting to appear, ranging from 67p to 75p (both heavily discounted) on the RNS stated NPV.The non discounted TP would be IRO £3 a share ! |
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 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 10/1/2024 11:33 by scoots I thought this might be worth raising again with a few minor adjustments.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, supposedly, high flying team of entrepreneurs at the helm, access to piles of cash and yet the share price languishes at 11p.Something still seems wrong but good luck all.Before I get accused of deramping I am heavily invested here and would dearly love to see the hype and wishful thinking translate into a decent share price. |
Posted at 13/11/2023 18:17 by scoots 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. |
Posted at 09/11/2023 12:48 by mrmcnee 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. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions