$2377, another record
Achieved
Actually Tom winnifrith gave a very balanced review today. Yes he did knock Nighthawk but he also mentioned that UJO has decent UK assets, considerable cash and holds shares that are worth money.
He didn't mention the royalties he did mention the election and implied risks to progress in UK , which unless anyone has been in a coma for a while is blindingly obvious
From experience I see everytime there is a bid that the Target Co opens around 5,6 % below the bid price and the gap slowly closes as the deal date approaches. It carries no meaning in relation to the comments you always see ranging from
Done deal
It's not going through
They expect a bidding war
It's too cheap
Etc
Not sure what is the big deal about a dividend.
I believe that intentions to pay a dividend were made honestly since which economics have changed. I suggest that a dividend will be paid when prudent.
Same with buybacks, not much point really. If UJO was propping up its own Sp by doing buybacks as it certainly appeared to me then there was not much point. Volume was very thin so clearly sentiment needs to be altered and hopefully will be by investing outside the unfriendly UK environment and this is what UJO us doing.
I would much prefer all funds to be invested in value accretive non UK projects giving diversification whilst retaining sufficient to develop those meaningful UK projects as commitments arise
No they say it is not a Corporate action
In the RNS of 25 January it was said by SHG that relevant forms were being posted but I am yet to see anything : I will be mailing Co today @ info@shantagoldltd.com
Copies of the Scheme Document (which includes the notices of the Court Meeting and the General Meeting) and the Forms of Proxy for use in connection with the Court Meeting and General Meeting are being posted to Shanta Shareholders today
Anyone holding shares via Halifax/Iwebsharedealing please note this is not classed as a Corporate action.
In the RNS of 25 January it was said by SHG that relevant forms were being posted but I am yet to see anything : I will be mailing Co today @ info@shantagoldltd.com
Copies of the Scheme Document (which includes the notices of the Court Meeting and the General Meeting) and the Forms of Proxy for use in connection with the Court Meeting and General Meeting are being posted to Shanta Shareholders today