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Barrick have said to their shareholders they will monetise the non-cash payment ..... I think that means they are selling. They will make a huge profit on the initial price of 10p
... here's what they said As stated in the earlier update, Barrick intends to use its best endeavours to monetise the non-cash consideration over time for the benefit of Scheme Shareholders in accordance with the statements set out in the Scheme Document. The cash consideration received, together with the cash proceeds from any monetisation of the non-cash consideration and any other sales of Acacia Exploration Properties which Barrick effects prior to 31 December 2020, will be paid on a pro rata basis to Scheme Shareholders on the terms described in the Scheme Document.

Barrick had to hold the stock for a month from 19th August and as the $7.5m worth of stock is now worth $12m its a no brainer that they will sell so lets hope Shanta can keep the good news flowing.

Shanta are desperately pumping this up with endless historical RNS's whilst Barrick are waiting to monitise their stock.... quote
"Barrick announces it has entered into an agreement with Shanta Gold for Barrick to dispose of its wholly-owned subsidiary Acacia Exploration (Kenya) Ltd, which owns the West Kenya exploration project (the “Project”). The consideration for the disposal will be $7m in cash, approximately $7.5m in Shanta shares and a 2% NSR royalty relating to the Project.
The Project is the first of the Acacia Exploration Properties in respect of which Barrick has procured a sale. As a result of the customary marketing process undertaken with regard to the Project, Barrick determined that the best sale price obtainable for the Project involved a combination of cash and non- cash consideration. Barrick intends to use its best endeavours to monetise such non-cash consideration over time for the benefit of Scheme Shareholders in accordance with the statements set out in the Scheme Document."

Tanzania is definitely worth investing in but you have to expect to share some of the Company so prepare to give up 16% and then you have to employ local people and support local development through donations. Fund a honey farm for example and start a training school, it will all cost and need extra staff, all should be Tanzanian. Then you have to be prepared to accept that you won’t get VAT refunded so don’t bother and add 20% extra to your local costs. You also need a good diplomat to bow down to the regime give them gifts and make them feel important. We have the greatest ever diplomat who was recently employed and I guess he is already offering gifts. There will be a point where it’s do you want 84% of a pie or no pie at all. There should be enough to go around and at .65p it’s a no brainier.

Why would you strike when you are on full pay for not working? ..... obviously no British workers involved.
They could have been working on making a pick axe out of gold ready to smuggle out by painting it black, that's the only reason I can think of that anyone would voluntarily want to work in a mine rather than receive FULL pay for not working?

Rain, Plague, Coup and Strikes ..... bring them on there's still gold in them there' hills

Just managed to fill my order after an hour and have tried to buy again and still waiting. There must be a bigger order to fill as the price isn't moving up. I know it all sounds a load of bull and no ones really listening but I'm happy to recommend this with their fundamentals. door

In the words of Mr Crabtree “Now here’s a likely spot Peter, you see the way the money is all flowing in one direction after being held up by the bank, well this is where there could be a big Chubby profit lying .

Someone is buying in the background, unless Izaak Walton wrote 'The Incomplete Angler' together with Issac Walton's theory of anti-gravity. More sales should equal a lower SP when an unequal amount of sales do not equal an unequal amount of gravitation on the SP then there must be other forces in action.............. the float just dipped? ..... STRIKE !

Anyone having problems buying through Barclays or other brokers? Barclays do not list SONG or SONG.L?

This has to start multiplying as they are reeling in the customers. Their margins are clear and the ground baiting has been laid and that’s why people are beginning to bite. It’s a keeper for me and I can see profit in the latest figures.
The last six month figures are well up and that’s during lockdown.....time to strike!

Vicky has just been taken on by Shoe Zone so she must have done something exceptional here so I wouldn’t boot her yet, she’s in the zone an e-com size 9 high heeled and ready to kick things to a new platform and is stacking up the figures. She is definitely not a lost sole and should leather past on line sales (all puns intended).

Tomorrow and tomorrow and tomorrow creeps in this petty pace from day to day..... but wait what light on yonder window breaks? .... all that glisters is not gold.
We will see that play out in the figures tomorrow.

I bought BYOT at 5p sold them at 7.4p when Midas tipped them they went from 5.9 to 7.5 as it seemed to me that they had reached their market valuation and more. 2 hours later they hit 8.4p and ended the day at 8.8p, next day 9.4p and today touching 10p ..................Sometimes you don't get that chance!
I still think its way overvalued but if no one else does hey what do I know?

Whats your hurry? The Tanzanians say leave it in the ground it's going up in value and it ain't going anywhere on todays market. "The infrastructure isn't ready yet, let them bleed a bit more" but suddenly in bursts a huge figure of a man talking in a Chocolate Brown Voice ......... "Oh No its Santos!" said the dictator "what do we do now?" "Give them the Licence" "when?" now and back date it a bit (grab some shares at 75 for me too). "Santos left a suitcase didn't he?" ....."yep just like father christmas" ....

1 month lock up

Cheers SJM

The Consideration Shares shall be issued at the Shanta Gold 30-day VWAP for the period up to 7 February 2020 of 10.4977 pence per share. These 54,650,211 shares Barrick will receive in Shanta Gold, are equivalent to a pro forma interest of approximately 6.44% in the Company and will be subject to a 1 month lock-up agreement and further 11-month orderly market agreement from Completion.

Nice little profit for Barrick 7.5m USD has now become 11.7m USD (was 10.5p a share now 16.5p a share) are they allowed to sell?

Someone had to grab hold of the biggest sport in the world and shake it up, onliners were doing so well in their small way but retailers were closing because of the competition as margins were being squeezed and who wants to breed worms and maggots? but a combination of the two, buying up the independents gave buying power and less competition (more buying power). A name that means quality is being built and I have every faith in the idealism, perhaps getting a few experts on board from the retail world would skyrocket this business tomorrow... its bigger than football but where's Lord Sugar........ he is probably in Le Touquet eating seafood at Perards?
This imho is a keeper (pun intended).

TheWorks.co.uk PLC - Birmingham-based retailer - To re-open 465 stores across England, Northern Ireland and the Republic of Ireland next week and will look to re-open its remaining stores in Scotland and Wales as soon as possible thereafter. Seeing very strong demand for online offering since the start of the lockdown period on March 23, with sales continuing to be up more than three times year-on-year.
Anyone care to work out the potential of 3 x sales online? ..... this is going to work