Member Info for foggy100

Can't vote on Iwebsharedealing but i was told that they posted information last Friday, hope that is correct

Nah, probably UJO increasing stake, hang in there ?

Offer price is based according to them on the following (Don't shoot the messenger)

Based on Market valuation :

The Consideration of 13.5 pence per Shanta Share values the entire issued share capital of Shanta at approximately £141.95 million and represents a premium of approximately:

→ 6.72 per cent. to the Closing Price of 12.65 pence per Shanta Share on 19 December 2023 (the "Latest Practicable Date");

→ 23.28 per cent. to the volume-weighted average Closing Price of 10.95 pence per Shanta Share for the three month period ended on the Latest Practicable Date;

→ 32.63 per cent. to the volume-weighted average Closing Price of 10.18 pence per Shanta Share for the six month period ended on the Latest Practicable Date; and

→ 27.74 per cent. to the volume-weighted average Closing Price of 10.57 pence per Shanta Share for the twelve month period ended on the Latest Practicable Date.

The offer price should be higher and I suggest that they pretty much agree with this themselves, there offer has been made against what value the UK AIM market has been attributing to SHG over the past, recent period :

De-rating of gold sector valuations..............

Over the last decade, the valuation of publicly listed gold companies has de-rated with industry research illustrating that UK listed African gold miners are now trading over 40% down on a P/NAV basis than five years ago. Bidco believes the impact on junior gold miners within that peer group is exacerbated by other factors such as lack of diversification, jurisdictional issues and poor liquidity.

Poor liquidity is the biggest one I suggest plus shame that this comes just as we have increased production into rising POG

I,m waiting a few weeks to see if anything develops

You are clear for take off $2030

You are clear for take off. $2030

$2116

$2105

$2098

The Anchor Fish and Chips a few doors up

Probably find the biggest buy today was a buyback (again) . 60000 shares ?

Final results due Wednesday 11th

Thanks for that. I used a separate Tab to search aquis and it didn't come up.

I top sliced at 10:03 , it was a SELL but shows as a BUY of 675,454 Shares, value £2465

So where apart from here are trades listed ? Mine from this morning hasn't shown up and I don't see this stock on aquis ??

The Pump is used to improve flow rates likely as not they have dropped so I wouldn't take is meaning improve over and above historical rates, but you never know

John Mcriricks and a Horse racing analysis :

To ride on a horse is to fly without wings, but there is no place for arrogance or complacency in racing because you are up there one minute and on your backside the next.

10ml of Tea tree Oil in poundland purchased for (Um yep you guessed it )£1

sold for £2

Also there is then the question of Rig availability

Its about as clear as drilling mud right now if all permits are issued or not for the next drill at West Newton . The Council has issued various permissions but do they have the EA Permits yet ?

Permits aside , what are the precise funding requirements and availability of said for next drill(s). Clearly Rathlin needs cash.

Dividend talk is all well (ahem) and good but what we need is action on the ground

With all due respect I believe that Malcy gets paid to talk to (promote) companies so although his media may be educational its hardly going to cover anything that should actually matter IE Be in an RNS

Good luck all

No cash raise within 3 weeks and shareholders could be toast. Not one for me thanks

Up 100% early doors, utterly mad.