Member Info for booboouberbear

Yes, think that was me, their MCAP has actually been higher than ours at times this year.

A joint listing in Sydney or Toronto should be near the top of our new CEO'S list.

Https://www.telegraph.co.uk/business/2023/08/10/uk-stocks-record-discount-fuels-fears-of-exodus-to-wall-str/

London has a problem, and AIM is not popular, there's a genuine liquidity problem with London listed stocks. If we were in Sydney or Toronto, we'd be multiples of where we are on par with Aussie and Canadian listed Stocks.

Https://www.google.com/amp/s/www.marketwatch.com/amp/story/u-s-budget-deficit-hits-1-6-trillion-in-first-10-months-of-fiscal-year-19357a10

Comparing the US GDP and their Budget Deficit at this point with the other Western Economies, it's clear the only reason the US is nor in a stagflationary environment (see UK GDP numbers this more for example in comparison) is due to the fact the World's Reserve Currency, the US Dollar can be leveraged to a point where the US Treasury can run an almost unbelievable Budget Deficit of 8% of GDP without causing a simultaneous run on their Debt Issuance and Currency.

If (when) that stops, the consequences will be graphic.

Tony @ 14:19.

We are approaching the event horizon of the US Federal Reserve black hole singularity of 'everything bubble'. Nothing makes a great deal of sense the closer you get and even gravity it seems can be suspended and replaced with something else so powerful, no one knows exactly what it is, just that one day it will consume us all.

The longer 'radio silence' goes on to me they'll promote from within, that seems to be the Shanta way and provides continuity with the shanta business ethos, possibly they've used the 6 months between EZ announcing he was leaving to actually leaving schooling up the COO announced back in February this year (Honest Mrema)?

If he's capable there is huge benefits to using a local (Tanzanian).

The US is running a Budget Deficit of 8%> to GDP (this US fiscal year I think it could be 10%> as tax receipts are collapsing), that is in order to get a GDP growth of 2% or so. The fact that markets are taking that as bullish and, in their stride, tells you something is desperately wrong.

No, there is no recession in theory, they have a nominal 2% growth rate, but that is at a real loss when you have a 4.7% core inflation rate (3%> headline), and the government is spending cash like a drug addict who just found a wallet on the pavement.

It’s a complete Ponzi Scheme at this point, they are funnelling huge amount of cash in at the bottom of the pyramid to keep the system afloat.

You may be able to pretend you’re in growth, but your tax receipts down 10%> year on year say otherwise.

Of course, it’s fine…right up until the point when it’s not.

No one cares less down here on AIM, regulatory compliance with TR1s are beyond a joke. As there is no punishment by regulators, it just routinely gets ignored.

There is also 4.7% of the company under 'custodian' with SIX in Switzerland, who the hell knows who that turns out to be.

The whole ethos of AIM has fallen flat on it’s face, it was meant to be a low regulation space for the low end of the market to raise cash and promote dynamism and animal spirits, what has filled that space since the 07/08 crash is rampant corruption and theft masquerading as high risk.

ASX and TSX, which are actually much more regulated, have taken all the business, because there is only so much rampant corruption and theft investors can withstand, and actually crave sensible regulation for their cash.

IMO, yes. Possibly a duel listing on TSX.

Https://finance.yahoo.com/news/trx-gold-q3-results-hit-173855699.html

Mining in Tanzania, production a percentage of ours, EBITDA miniscule in comparison to SHG and the MCAP is almost identical. The difference is the Exchange it’s listed on.

AIM is this Shanta Gold’s biggest problem now, it’s a Market who’s interest and liquidity is desperately struggling for any credibility, these are issues in the wider LSE and the commodity / junior resource space is hardly popular to boot. The problems this company faces are external ones, which sadly, are beyond our control.

Keep stacking the great numbers, eventually the worm will turn.

In all likeliness cash positive already.

The value is just getting going, the exploration through 2023 will also add millions in value.

If gold price plays ball, we should be on to something special here.

By sell, do you mean add loads?

Good lord, blow the doors off stuff that RNS. Outstanding.

Market looking pretty orderly now to be fair, a great update Monday think we can get back to Pre Odey SP.

Received and reinvested, now let's be having those Q2 Numbers.

2.7 x EIBTDA, seems utterly reasonable. Others trade much higher.

Anything over 25k is great, and anything over 26k heading towards 27k ounces for Q2 is exceptional IMHO.

I am looking for after AISC Margins of between £13.5-15m.

Https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2047-tsx-venture/srg/144545-srg-and-c-one-sign-strategic-cooperation-and-investment-agreement-c-one-to-acquire-19-4-stake-in-srg-srg-and-c-one-to-sign-anode-material-alliance-to-jointly-develop-large-scale-anode-material-facility-and-become-the-largest-anode-material-supplier-outside-of-china-c-one-to-assist-srg-with-development-and-construction-of-lola-graphite-project-through-technical-cooperation-agreement.html

Interesting bit of deal making from our new NED, La Mancha and the Chinese.

gold's ability to hold up in a higher shock interest rate environment has been nothing short of revelatory.

long terms we can only imagine where gold goes as all western economies and their fiat systems turns to dog****e.