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Shanta Gold Share Chat (SHG)



Share Price: 3.625Bid: 3.50Ask: 3.75Change: 0.00 (0.00%)No Movement on Shanta Gold
Spread: 0.25Spread as %: 7.14%Open: 2.625High: 3.875Low: 2.625Yesterday’s Close: 3.625


Share Discussion for Shanta Gold


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ArielArrow
Posts: 10,024
Off Topic
Opinion:No Opinion
Price:3.625
View Thread (2)
Mick
Fri 19:00
Working on those figures of 80,000 ozs a year on a profit of $490 per oz at today's prices makes the market cap look insanely low, this is seriously oversold.
 
Giveusaclue
Posts: 195
Observation
Opinion:No Opinion
Price:3.625
Peel Hunt
Fri 16:57
Reiterates an sp of 16p
micksnags1
Posts: 2,936
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.75
trades
Fri 12:40
3.75 v 3.65
ArielArrow
Posts: 10,024
Off Topic
Opinion:No Opinion
Price:3.50
Offer
Fri 11:54
.
ArielArrow
Posts: 10,024
Off Topic
Opinion:No Opinion
Price:3.50
Buying
Fri 11:52
Above the bid now.
micksnags1
Posts: 2,936
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.50
go
Fri 11:47
shg : )
ArielArrow
Posts: 10,024
Off Topic
Opinion:No Opinion
Price:3.375
View Thread (2)
Shg
Fri 10:36
It's difficult to know what's right sometimes, if they make a profit and do nothing in regard to future plans they are deemed complacent, yet if they plough the money back into the business they are criticised for not showing a profit,
Nothing ventured, nothing gained imo,
I know it's a bit of a cleashay but the drop this week seemed engineered to me, for several days it traded in a very narrow range and I was surprised that the price remained stable, then yesterday it moved in one swoop and buying started.
micksnags1
Posts: 2,936
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.25
looks
Fri 10:04
like this news was known to the sellers yesterday and caused an overhang . i reckon a slow bit of recovery will follow now,. imo of course
Daisan
Posts: 2,762
Off Topic
Opinion:No Opinion
Price:3.25
RE: What on earth is happening here
Fri 08:50
Strider4,

Classic stuff. So if you invest heavily to improve the operation thus incurring a loss, this is bad. And if you lose 80% of your value because Tanzania decide to change the environment, suddenly your debt burden is far too high.

I suppose the fact that they are currently generating virtually twice as much cash as the market capitalisation means nothing?

This is all about Tanzania currently and investors have panicked. Understandably. But people will start putting in punt money at some point soon. Who knows how this is going to turn out? For the sake of Shanta (and Tanzania) I hope that it is positive.




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