Member Info for 42trader

https://www.brrmedia.co.uk/broadcasts/619644229c04d82cb9c7090a/sdx-energy-q3-2021-results/

Will RM sell more now, bearing in mind he still owns 21%?
Broken through the 200MA, so it does look like it could drop further, possible to bottom of the upward trend channel at approx. 220-230p. It is however sitting on a support level at the moment, so possible to have a bounce from here.

Shanta gold remains one of the most consistent operators in the industry and is now on a path to more than double its production over the next four years, significantly extend the life of the flagship mine NLGM, continue construction at Singida, and prove up resources at the high grade WKP project in Kenya. Despite this, the company is still trading on very undemanding valuation metrics including an EV/EBITDA for 2021 and 2022 of 5.5x and 3.2x respectively at $1800/oz, as well as a P/NPV of 0.27x. The NPV per share for NLGM alone is 19.2pps showing that, in our view, the market is applying less than zero value for Singida and WKP which has to be unsustainable. We keep our PT of 30p.

Well Mary, I have added at 105. Whether it goes up further today who knows, but I do see it being resolved and then back to 160p.
Sadly dragonscar, you are correct.

Missed the early drop as I was asleep. Well done to those buying in the 70's. This screams political games and I just don't see any closing of mines happening as that would be suicide for their economy and the politicians.

The bod buy looks good, but in reality it was not the bod buying with his own money but his investment company. Still good to see, but personally I'd like to see personal money spent by bod.

Actually the EBITDA for this year is looking to be £6m. Broker report has debt at £12m. This should be renamed to Unbound this month.

Because the demerge was a bit of trash in the way it has been dealt with. There is also additional charges when buying which I imagine is putting buyers off, which leaves mainly sellers and drives the sp down. Also, I think investors are worried another lockdown may happen. This is still quite a high risk share but looks incredible value now and could bounce back very quickly and provide 100% return. High risk with possible high return.

This does indeed look good news. 10% dilution giving a profit enhancing addon but more interesting will be how HYVE can use the know how of this company to enhance it's existing business.

It looks to me like ii clearing out final sells. The bod buy could well of been made to scope up most of what was left to sell by the ii. Yesterdays trades indicted more buys than sells suggesting there was still more for the ii to get rid off. Whether it’s all done now or not who knows but I’d imagine a good rise when it is completed. Good move by RDH knowing he could help clear the sale by buying at or near the bottom. Ofc, only time will tell.

Go watch the Netflix series “You”.

yep, not good for lth, but those buying now it is very good news. I added this morning.

This is looking good for a move to 140p in the next couple of days.

Some bloody big buys gone through today. Defiantly holding it down for someone to load up.

Well the break through of resistance and breaking out of the downward channel in gold was the buy signal for me to add a couple more grand. I think it has been kept low partially because the interims were lower than expected and the market wants to see proof of SHG becoming a 100,000 oz producer. As long as it does happen, I'm happy for it to be a low price now.

Nothing seems to be priced in. The spread is very little being just 0.15. 12.0 to sell and 12.15 to buy. So many of those recent large trades are buys and just a few sells. If gold fails to break that 1830-35 resistance SHG may drop to 11p again. Maybe we will see a few days of consolidation in the gold price. If it does break, surely they can not hold SHG down.

Looks like a breakout of the top of a downward trend channel is happening for gold as well as testing the 1830 resistance. If it’s up tomorrow I think I’ll buy more SHG as the price has been suppressed.

I actually think the housing market will crash too. It certainly has had a good run recently. I think the tipping point will be a rise in interest and that is only a matter of time. The US and the UK may deny rising rates as there are obvious other economic factors to consider, but they will not be able to hold it back forever. I see Poland have already increased interest rates and not by the standard 0.25% but a 0.75%.
I have bought here a small amount under £900 just to keep an eye on it more. I'm looking to start adding to it if it drops to around £1.10 and lower.

This is worth a watch.

https://www.youtube.com/watch?v=Zg7uDuSrE1A

Thanks for this info bluemango. I’m not a big holder but it will save approx. £20 for about half an hour chore. Not bad returns.