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Sothic Capital European Opportunities Master Fund Limited increased their holding to 15.57% on 5th May.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/GKP/14533878.html

Published by
Oilfield Technology, Thursday, 21 May 2020 12:30

Oil prices rose today on indications that supply has been sufficiently curtailed to balance demand and on news that US storage filling levels have dropped, unlike what the market had expected.

Rystad Energy’s Senior Oil Markets Analyst, Paola Rodriguez Masiu, has commented on the price rise:

"Today oil prices rose on very clear indications that the global supply has been curtailed to a great degree.

https://www.oilfieldtechnology.com/special-reports/21052020/oil-prices-continue-to-rise

Brent price $36.51.

Lower U.S. inventories, recovering demand.

https://www.cnbc.com/2020/05/21/oil-markets-us-crude-inventories-global-economy-in-focus.html

With the oil price doubling over the last four weeks and the world begining to ease the lock down, it looks like an opportunity to buy at this price. The oil price is likely to rise imo. DYOR.

Oil price has doubled over the last four weeks.

I wonder if there is a chance of GKP and GENL merger?

Darth.Trader , Lloyds doesn't need any loans from the government . I think the government needs to set up a national bank to do their jobs. Leave these private banks to themselves imo.

The problem is that the government has been treating banks as they were not private but national companys. They have no regard for the shareholders at all. When things go wrong they can blame the banks and when banks are in better shape they milk them . There's nothing for the shareholders here imho.

In four years time two more mines would producing gold and at much higher rate than now. One they bought from baricks and Singida mine will be ready probably even much earlier imo. DYOR

This doesn't look like stopping before 250p imo.

" Cash costs of US$544 /oz and AISC of US$777 /oz,"

Profits of $1000/oz for SHG when the hedges run out in a few months time.

Shant should be able to make profits of $80m with even the gold and production at current levels. SGH worth at least four times it's current value IMO.

Shanta is a very undervalued gold mining stock according to my calculations.

Gold $1765/oz.

Gold eyes $1800 mark on fears of trade war, second virus wave.

https://www.khaleejtimes.com/business/gold-forex/gold-price-eyes-7-year-high-on-fears-of-renewed-trade-war-second-coronavirus-wave

Shanta Gold plans to complete acquisition of Canadian miner Barrick Gold's assets in Kenya by June.

The firm says it will consequently move to fast-track gold production in Kenya once it completes the transaction.

https://www.businessdailyafrica.com/markets/marketnews/Western-Kenya-gold-company-Barrick-to-finalise-deal/3815534-5543532-5k1yaa/index.html

SHG is due for a re-rating imo.

Silver Begins To Accelerate

https://www.investing.com/analysis/silver-begins-to-accelerate-higher-faster-than-gold-200524803

https://www.kitco.com/news/2020-05-15/FXTM-1-800-gold-prices-just-a-matter-of-time.html

Spot gold price highest today since 2011.

SHG could double before the end of June imo.