Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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.
Q2 Results in 2 weeks expecting 25-27k Ounces production and AISC Margins of £13.5-15m. That’s serious cash for a company of our size.
Thanks.
Reference the new CEO / when this will be announced in today's Webinar? Thanks in advance.
A great RNS and should signal the best quarterly results in the company's history when announced later this month.
Odey had 11%+, overnight, well practically in terms of Shanta normal volumes, they shifted the lot, to whom is the question, because these weren't dumped on the open market judging by how relatively stable the SP was under this kind of volume / selling.
Considering the 'administrative error' is now cleared you can bet Odey have also shifted their last 12m shares too.
Who presents themselves as the buyer to Odey's Seller is the question.
The last regulator left on AIM should turn off the lights. Shambles of a regulatory system.
Are we also to believe these shares were dumped on the open market...
Guess we will have to wait another month or so to see who bought them.
Yes, Brookes AM and Odey AM are related companies.
The question is now who owns them. Its clear that the CEO is making out they have new owners.