Member Info for drill8

Are there other sites with share discussion for SHANTA ?

For those of you interested in Tanzania's gold >> https://www.tanzaniainvest.com/gold

Shanta is a 10-bagger !

https://www.tanzaniainvest.com/mining/new-luika-gold-mine-production-2022

PhatStyle4321,
Shanta is a 10-bagger stock !

PhatStyle4321,
Shanta may be 85% undervalued.

https://www.tanzaniainvest.com/gold

https://www.miningmx.com/top-story/51818-shantas-zurrin-says-2023-is-the-year-of-serious-growth-for-underperforming-gold-producer/

kkkrrr wrote: "thats why Shanta is a screaming buy!"
That is the N°1 line, today !

https://www.marketwatch.com/story/ncondezi-energy-starts-process-to-find-buyer-jv-partner-for-mozambique-project-271666339658

Africa Set for Fertiliser Boom as Food Crisis Remains Critical
A fertiliser boom is breaking out across Africa as calls for food security gain momentum amidst a widespread continental food crisis. With an estimated 346 million people on the continent negatively impacted by a severe food crisis, according to the Food and Agriculture Organisation (FAO), the use of fertilisers has become more central, even as environmental and green farming activists call for caution...That said, Africa has barely used fertilisers. Only six percent of Africa's cultivated land is irrigated, and the average fertiliser consumption in sub-Saharan Africa is estimated at 17 kilogrammes of nutrients per hectare of cropland, according to the Alliance for a Green Revolution in Africa (Agra). That is only a drop in the ocean when compared with a world average fertiliser consumption of 135kg/ha. East African (20 SEP 2022)

The Jeune Afrique's article concludes: the Kingdom is determined to become a top potash producer. In Feb 2021, the Office National des Hydrocarbures et des Mines (ONHYM) is set to explore another potash deposit at Boufakrane, circa 100 Km
from Khemisset.

https://www.jeuneafrique.com/1369267/economie/maroc-la-societe-britannique-emmerson-va-construire-une-usine-de-potasse/
The article is in french. It was interesting to read the comments by Mr. Alloubane. He estimates that Emmerson, during the next 19 years, will invest 2.5 billion dollars at Khemisset.

glenmorangie wrote: "drill8 - and your point is ?"
I try to learn as much as possible about Ncondezi and the country where it is present.

https://www.ncondezienergy.com/wp-content/uploads/2022/06/2021-Annual-Report-and-Accounts-1.pdf
A good list of the risk factors can be found on pages 20-24.

BENJAN1 wrote: "Beware, as there are many risks attached given the location of the project and funding."
This is a important line. There is very serious political upheaval in Mozambique, the location of the project.

BENJAN1: The last purchase by Scott Fletcher (SF) was on 9 May 2022.
He bought five million shares at £0.0125.
SF is currently the top shareholder. He owns 81.8 million shares (20.06%).

BENJAN1: What is the current fair value of NCCL ?

There is serious political upheaval in Mozambique.
It is difficult to gauge the impact on the sp.

Is Ncondezi a 10-bagger ?