Member Info for kkkrrr

This said ... we all know West Kenia alone is worth current marketcap without further resource-upgrades ... the 2 mines + the free cashflow you get as a bonus ... i strongly hope there will be a better offer in the coming 2-3 weeks

Never trust this dishonest management again ... they could hide profits (inlfating costs or other manipulations)

..time for a re-rate ;)

Https://www.shantagold.com/_resources/Singida%20Five-Year%20Plan%20Presentation%203%20July%202023.pdf

...AISC will go down significantly in 2025 (page 11) ...

@ POG 2100$ ... ans AISC of 1300$ Shanta will produce 80 million USD gross profit in 2024 ... this laughable takeover offer is a steal from shareholders because Shanta Gold is net-debt-free as we speak....

December 21 2023.....

https://uk.marketscreener.com/quote/stock/SHANTA-GOLD-LIMITED-4005388/news/Shanta-Gold-latest-company-to-leave-London-s-markets-after-142-buyout-45613976/

Patel said POG peaked ..now it looks POG breakes out to the upside ... time to raise the bid ...to minimum 15-16 pence

Thor

Accounts payable and accrued liabilities 69,964,009

Loans and borrowings 23,757,835

-------------------------------------------------------------------------

Total current liabilities 109,222,058

Cash 8,264,796

with a good gold price they will pay down the debt over the next 3 years and after this time the mine is near end of minelife ... i don't thnk this is a super investment .......anyway, i will not buy it.. i have others at my watchlist

Thor has significant short-term liabilities ... 10 million USD cash , appr. 80-100 million short-term debt , limited minelife ... its high risk

And what you are doing here ? you own no stocks at the AIM but wasting your time at a AIM-message-board ? makes no sense to me...

Read the RNS ... including all shareholders! ... i dont agree with your negative outlook ... after funding is in place i will decide buying more ore not ... this marketcap is such low... even en entry at 10 pence or more would be cheap ... 30+ years minelife .... and a second project in the pipe valued at zero now

Solution will include the cornerstone shareholders .. everybody can read this in the RNS ... so lets wait and see what happens... best case is.. price for nickel goes up soon and the situation for all involved gets better... this is a project for 30-40 years to come.. so 400 million more capex is no catastrophe at all ..

"The Company will continue to work closely with its major shareholders and senior lenders on a full funding solution, targeted for Q2 2024." .................... shareholders will be involved in the solution... this panic makes no sense... ok, selling makes no sense now ..just sit and wait....

Other nickel-projects like Crawford in Canada (Canada Nickel) or Baptiste (FPX Nickel) have a capex of 1.95 billion USD and 2.2 billion USD (initiall capex) ................ i think 1 billion USD Capex for HZM is not an absolte catastrophe .. the feasibility study was unrealistic, this is the main-problem....

This is childish ... everybody knows this takeover is a GO without a second bidder

I think POG will go down next weeks zo appr. 1900$ and people will be happy receiving the dividend + 13.5 pence in cash ;) .... after POG's downturn you can buy some miners 30% cheaper and this is nearly the same like an 16-17 pence -offer ... thats why i feel OK here

LOL we are not in wild west ... absurd theories here...

Ahhh, the bashers are back ... i will do nothing here until the funding -issue is solved ... fact is..it makes no sense issue billions of shares at these price... i bet it will be a combination of another offtake-agreement and debt -funding...

We will see .. 1. step financing of remaining construction activities , 2. start of production , 3. price of nickel and cashflow ... we will see ... i will hold my shares because it was undervalued at 100 pence and its even more undervalued now at 20 pence

Someone believes there will be an superior offer by the Chinese or a russian miner? ... i'am not sure .. the good thing here is.. the price should stay around 13 pence for the next half year without an other bidder... maybe POG will go into correczion-mode soon and you can buy other miners 10-20% cheaper ... in the event this happens i will sell and thy my luck with Montage Gold, Dundee Precious Metals or Torex Gold ...