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PhatStyle4321,
Shanta may be 85% undervalued.
I've done my own research and been through all the figures. Sifting through all the numbers I've come to the conclusion that two mines are better than one. :-)
Think I ****ed that up on P&L.
Anyway, what matters is going forward.
NLGM looking like it could go near 20K oz again in Q1 and it also says $4.6m of VAT has been verified for refund in Q1 2023, so Q1 2023 cash flow should be the best we've seen in a while IMO. Singida going live imminently too, worth a top up this morning, which I've done.
Anyone selling here will regret it, RNS expected this week for first gold pour, significantly derisking Shanta.
Gold price set to rise above $2,000 with imminent recession, mark my words. I have done a lot of research and this is my opinion but I suggest you do your own research, the banking crisis isn’t over even Biden said these comments yesterday
Solid set of results.
18% increased production
Increased revenue
Increased profit
Still saying Singida mine in March so must be this week.
"Elsewhere, the Singida Project is nearing completion on time and on budget, and we are set for first gold pour in March 2023"
Does anyone know what the estimated AISC for Singida is?
If the gold pour RNS arrives this share will double, all Singida mine is paid for and now it’s all profit generating. Gold will attack $2,000 soon, then it’s all glory here
I can't see the loss? Looks like good results to me.
" Total VAT refunds received of US$9.6 million; "
GREAT !!!!
Far more to come.....?
Kipper -10p u clown- can you read !!!
Great update
Onwards on upwards from here, everything expected now we await the gold pour in the next 2 days.
Rerate to 20-24p after. Gold holding strong
A positive annual results port in a fickle world we live in. Future looks bright here!
it is just as well there is another mine to come on stream, which should ping in 2 days hopefully, any delay and we are back to 10p, maybe see that today anyway......
Not the worst, a small loss considering the operational problems they had, but more conformation of the maiden gold pour at Singida in March so this and the Q1 2023 operational result in the next three weeks or so will set this up going forward.
Gold having another attack on $2000
Perfect timing if they announce tomorrow.
Wish I'd bought more last week
https://www.linkedin.com/feed/update/urn:li:activity:7046531346088767488/
I do believe our friend has just given us a wink and a nod here:
Official confirmation soon!
"The Case For Gold Is Looking Stronger"
https://www.zerohedge.com/markets/case-gold-looking-stronger
Spot gold now 16 points up $1974, shouldn’t be long before it’s over $2000
Taken from the Q4 ops update.
The mine is currently forecast to add a further 45-50% to the Group production profile, transforming the Company's short-term future and diversifying the asset portfolio.
Considering the POG I don't think this has really been priced into the SP.
I forsee a huge re-rate once its announced.
Gold flying spot now $1970, only a matter of time it settles above $2000
Bid rising? Only looking with a 15 min delay but looks that way.
Ooops....best learn how to spell Singida.
Theoretically, it could be more than 35% PhatStyle, as the 30-35koz per year from Singuida will be around 50% of the 65-70koz from NLGM.
Ah well...we can live in hope.
2WM
Once it lands 35% increase INO