The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Statement regarding possible offer
The Board of Shanta Gold Limited ("Shanta") notes a recent press article and confirms that it has received approaches from Shandong Gold Group Co., Ltd ("Shandong"), Yintai Gold Co., Ltd ("Yintai") and Chaarat Gold Holdings Ltd ("Chaarat") which may or may not result in an offer for the Company.
Whilst discussions are continuing with each party, there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made. Further announcements will be made in due course, as appropriate. In the meantime, Shanta shareholders are advised to take no action.
Under Rule 2.6(a) of the City Code on Takeovers and Mergers (the "Code"), Shandong, Yintai and Chaarat must, by no later than 5.00 p.m. on 15 November 2022, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code. This announcement has not been made with the consent of Shandong, Yintai or Chaarat.
Interesting read @redknight1.
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation. Estimates that in 2020 alone, the U.S. has created 22% of all the USD issued since the birth of the nation.
https://news.bitcoin.com/9-trillion-in-stimulus-injections-the-feds-2020-pump-eclipses-two-centuries-of-usd-creation/
That sentence was not supposed to have question marks at the end!
Yes, that’s certainly a step in the right direction ??
Greenpeace petitioning vehicle manufacturers to ditch diesel and push for 100% EV's Every little bit of additional momentum helps change to happen... https://secure.greenpeace.org.uk/page/s/carmakers-ditch-diesel?source=em&subsource=20170320apem01&utm_source=gpeace&utm_medium=em&utm_campaign=20170320apem01&tysource=9E092
That thought crossed my mind too, Allan
Hahaha! in viet dong we'd be rich, RICH!! LOL
The sudden rise in Sirius RE was due to a change in the currency that the shares are traded in. :)
Its an old article from eight years ago (published Feb 2009) about Lonrho/LonZim. Its long since water under the bridge.
Well said, Sid! :) Investors need to see a return. Who would invest in an investment company that doesn't reward its shareholders..?
Agreed kenny100. REM = sound investment at a bargain price that will do very well indeed
mpg1, thanks for posting the reply you received from MH.