Member Info for deepjoy

The only time they will need money soon is if the order outstrip the ability to supply..That is a good problem to have and one which Bracco will kindly step up for. The British have an uncanny knack of talking themselves out of any investment LOL

I've bought more ... really is that simple for me given it is de-risked so so much now and all about sales.

good question Mr Bond... Eric's timing on good news the past year has been awfully unlucky. Positive RNS' seemed to come every time of bad market days which left us languishing for 12 months. He just needs to hit guidance on 4th Q production and get some Kenya news out in due course.. No idea what the SP will do but at some point this will play catch up to other miners.

well a buy 200k shares just went through at 10.1 and they are holding the bid down still. Just need a little more volume to push this up

Yep looks better ... test will be breaking 10.5 on the bid in due course ...

All this needs it time.... not a problem here as investors should be used to it now..

Well we will have to disagree on that point.. posting what the media write up as a positive cannot be pointless for investors in this company.. As for expectations, well there are two sides of an investment case and people have (and will) make their own mind up. I am bullish and make no apologies for it whereas you are not which is also fine; not pointless.

meanwhile the MM's play silly b$ggers with the spread but we will prevail this year.. keep the faith all :)

Noel.. the fact that the SP has done nothing over the past year is not something anyone can argue with. The liquidity problem with a share with 1 billion in issue is also a real downside given that the MM's operate a ridiculous spread most of the time to compound the problem. I don't see this through rose tinted glasses; far from it it is the single most frustrating share I have ever owned and any sign of volume is the only opportunity that large holders have to sell down... That said I believe that the macro climate will be favourable and if Eric can get a grip on the Kenya front then this will provide a catalyst for the long suffering large holders to re-evaluate their intentions when volume occurs.

I do wish the broker would make representations to the MMs thou and they kill momentum by risk adverse market making.

everyone have a peaceful New Year.. DJ

gold often does well during periods of
slowing growth and persistent inflation
(known as stagflation) and it should also
benefit from a reversal in the strong dollar
which held the precious metal back in 2022.
Bitcoin’s claims to be an alternative to gold have
taken a battering in recent months as the collapse
of cryptocurrency platform FTX has seen the digital
token more than halve from 2022 highs. That could
see more people move out of bitcoin and into gold
as a safe-haven asset.
Anyone looking to play anticipated gold price
strength should consider investing in Shanta Gold
(SHG:AIM). By purchasing shares in a gold miner,
investors are exposed to operational risks but there
is scope for greater reward if the company delivers.
In our view Shanta is well placed heading
into 2023. The company should benefit from an
improved performance at its core asset New Luika
in Tanzania, the start of production at the Singida
mine (also in Tanzania) and as exploration results
continue to demonstrate the outstanding potential
of its West Kenya exploration asset.
New Luika is seeing an improvement in grades,
the amount of metal within the ore dug out
of the ground, after a tough 2021. This should
provide Shanta with the cash flow to complete the
commissioning of Singida, expected by March, fund
more drilling at West Kenya and pay dividends.
Singida is expected to double Shanta’s
production to 100,000 ounces per year. The AISC
or all-in sustaining cost is a key metric which shows
the direct and recurring costs to mine a unit of ore.
Shanta has guided for a life of mine AISC of $932
per ounce at Singida which compares with $1,207
at New Luika for the third quarter of 2022.
A lot of excitement around the stock is likely to
be driven by the West Kenya project where Shanta
has already enjoyed considerable exploration
success. Shanta hopes to double an inferred
resource of 1.5 million ounces at the project,
which it describes as having ‘bonanza-grade gold
intercepts’.
It is important to understand the risks of
investing in Shanta. It currently generates revenue
from a single project and there is no guarantee that
the second mine will start operations smoothly.
The gold price can be volatile and unpredictable,
and a lot depends on the dollar weakening for the
metal price to pick up from the current $1,777 per
ounce level.
Based on Liberum’s forecasts the shares trade
on an attractive 2023 free cash flow yield of 18.2%.
The mining industry has already recognised the
value on offer, with Shanta recently rebuffing
takeover approaches from Shandong Gold and
Chaarat Gold (CGH:AIM). Further takeover interest
cannot be ruled out. [TS]

That's my assessment also SLF ... holding the line

Wow the level of navel gazing here is surprising.
There are a few wobbly investors who were expecting a moon shot profit this week who have been left disappointed. The reason the company was no silent the past year was political given their courtship of the FDA this time around. The real test now is marketability of the tech and so they need to go large next year to prove the market exists. We should expect lots of news and PR and the future cash flow issue can, and only will be resolved on the early sale figures. Lots of investors will back a company that can prove that the commercial need exists; there is the next step right there! Prove the market, show the future margins and funding becomes a side issue over time. They have the cash to hit the ground running and now need to deliver.
As a side note I still don't know if they got Hatch Waxman approval - this is a critical point anyone know?

who me or Valueinv?

You are missing the point completely...The business case for polx in hospitals is the fact that they can save on costs by not having to conduct multiple tests for conditions and can diagnose fat more accurately on one simple test. This why so many research papers have been published and, given tight budgets it is exactly the reason this will do well. Your argument is blinkered. The fact that the units already in situ now provide a diagnostic tool and from this day forward profitable revenue is the proof of the pudding we shall gauge in the next financials.

and the margins comes from the reoccurring sales of Gas supply per user not the hardware !

nice to see this highlighted in shares magazine today as a buy :)

https://www.sharesmagazine.co.uk/article/2023-stock-pick-it-could-be-golds-year-and-miner-shanta-is-a-great-way-to-play-it

Well my money is on yes we will...but..I've been saying that all year LOL

barry if it is the seller everyone assumes they won't be a TR! as he was under 3% to begin with. That said still over 15m shares left if he was the 4m sell the other day late reported. My take is simply to do nowt and let it churn away with my significant holding riding along with it short term..

click the broker tab and although they are the house broker their notes to clients have to include fundamental analysis to back up their target price...As I am not a client I cannot see it but 32p target price is way way higher than some on here are pushing..

My money is on that trade being a completed sell order. Just hope it is the last of them. Meanwhile the sentiment here is at rock bottom I note which is a shame. Anyone read the broker note metrics? I am calm but not over the moon, it will play out in the end.