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Being a leader in mining sector, junior mining sector at that and in Africa, is more art than science IMO, these are multi-decade relationships that can’t be rushed., the same goes for the investment and any payback here.

They are dead right to procrastinate and ensure they end up with the right CEO, however long that may take, however, judging from his response, to me it sounds like they have their favourite looked out, so probably won’t be long anyway.

This is now a formidable company in the making with lots of spinning plates, with a Singida extension you could be looking at a 130 / 140k ounce producer a year and a 100% interest in a multi-million ounce beast of an early stage Geita Gold Mine with a mining licence by the end of 2024.

We need the Macro investment conditions to turn before we truly see a return on our investment IMO (unless massive farm-in in WK / takeover), but when it does we should be in multi-bagger territory IMO.

The CBO's and US Fed's economic predictions for both deficits and interest rates, respectively means the dollar is done, given time, game over, when debt rolls over for 3 to 5 years, while US government debt appapproaches US$50T at 4/5%, its curtains.

One day, something will trigger the mushroom cloud.

Up in 30 minutes.

@15.33

Yes, the Micro and Macro must align, and if / and or when it does, it could be spectacular as the funds drain out of the 100 PE dross into real assets again. It will surely happen, just when is the unanswerable.

Worth remembering we are in a very unpopular space, mining, Juniors, PMs, even a small reallocation into this space from big funds would see a spectacular rise IMO.

That'll be (rightly) left to the incoming CEO and new NEDs.

AIM is a dog with ever diminishing credibility, interest and liquidity.

As I've said before, if this is listed on TSX for example, this is a circa USD$400/500m CAPEX IMO, Buckreef Mining, a shadow of us operationally shows that, it's almost got the same CAPEX as SHG.

Just noticed the 'CEO succession' part of the announcement, interviewing the short listed candidates at an advanced stage.

Https://shantagold.com/investors/presentations/

Looks like a small delay in the drilling on all three projects, results across the board hopefully in Q4, but that's mining.

Very competent results from a very competent company and BoD, and interesting to see a strengthening of the NED side of the BoD.

It looks like the NLGM may have a delay in drilling the future proving? One for the Con Call later perhaps.

New / Existing CEO is key, the base is there and cash should now pile up.

SP looking very positive, let's hope for a positive update this week on Half Yearly Results and New (or Old CEO staying on).

No country who is shotgun happy with currency a d capital controls has much if any confidence in its currency, China is so clandestine on such matters, who really knows what kind of mess they are in.

Considering the interims are next week and the end of September is fast approaching, I'm guessing when the interim are released it will come with the new CEO or Eric Zurrin is staying on RNS.

I had been expecting the drilling news by no, also, which does suspect you to think there may be a lot going on here beneath the surface that has all to come out.

Https://www.ft.com/content/92950b78-1044-4be5-8c90-853cbedf5d31

"London has historically been the home for natural resource companies whose production is based in Africa owing to the timezone, but Marrone believes that the UK capital’s investors have become increasingly skittish about emerging market risk."

“Whereas in the past, Europe and London had a better focus on Africa and emerging markets in Asia and some parts of Europe, I think the American portfolio manager is now catching on to that. I think the landscape is changing,” he said."

It's also to do with how he / she would run the company IMHO.

The BoD want a continuity candidate IMHO, gradually adding value, keeping 100% ownership, same as Zurrin and Leslie before them, zero debt, absolute control, to me they want business as usual, not some squash buckling ceo who'll expand at a rate of knots with tons of debt.

Hard to know, could be any situation, Eric could be staying on longer to get the correct candidate in place, we could be getting sold for all we know, they may be keeping news back until the new CEO is announced, who really knows, it will all become clear.

In EU and UK.

But Futures in the rise...

The reckoning cometh, and soon.

This is nothing to do with the Micro, all to do with the Macro, as painful and as unwarranted as it is.

Debt is being dumped and liquidity being drained around the globe and a massive recession will follow.

Cash will be king, as it always has been.

There’s a lot of pain to come for markets!

Interesting for a newspaper to actually run that...

Bulletin Boards, you'd expect, but an actually newspaper?

All will become clear in time.

Https://www.ft.com/content/f7dd81b4-9d82-4856-bc91-f554487292d0