Member Info for kkkrrr

Why? ..i see no reaction and most things are like expected.... Shanta will move on WK - news ...

They are drilling at 3 projects AND are working on a Feasibility Study in paralllel .... this is a reason why free cashflow comes in a bit slower ... but they are adding value with all this activities

The good thing is the high-interest debt is already gone ... Shanta wil be net-debt-free by end of the year ...

Market is full of fear ... 1. interest rates 2. execution 3. get funding ... better times will come someday .... first we need funding for the 2 projects or 1 project... this will help ...

Nonsense.. the have to drill and sell it to a major ... relocation (and later production) is 3-5 years away ...

This is old news und Shanta highly probably will not mine the WK -project... Shanta is a clear takeover candidate .. in front of an WK developement... the goal with WK is..adding onces and grow the project to 3-5 million OZ of gold ...

Correct!

Why it should? no reason to go there

After the funding-news this will go back above 100p ... i bet there will be a bridge loan from the big lenders...

The mine will be built und the minelife is nearly 30 years ... there is no need for panic because a 6 month longer construction -time

Nonsense.. the CEO told us yesterday: Jeremy Martin, CEO of Horizonte, commented:

"We continue to make solid progress with construction at Araguaia Line 1 and are confident that the Project is now significantly de-risked given the near-finalization of detailed engineering and procurement, together with the detailed review of the costs to project completion, ensuring successful delivery. Despite the anticipated higher capital requirement, Araguaia remains a Tier 1 asset that will deliver strong margins over its 28-year mine life once production commences next year.

And? i will wait a year or two and things will be fine... down to 20p because 2 quarters longer constructiontime.....laughable

..this SP has nothing to do with the reality...

EOM

200 million USD or more (35% of orginal capex) is way too much fpr changes in the water -system and some additional equipement... i thing 50-100 million is more realistic... (35% of the remaining capex)

“We continue to make solid progress with construction at Araguaia Line 1 and are confident that the Project is now significantly de-risked given the near-finalization of detailed engineering and procurement, together with the detailed review of the costs to project completion, ensuring successful delivery. Despite the anticipated higher capital requirement, Araguaia remains a Tier 1 asset that will deliver strong margins over its 28-year mine life once production commences next year."

Ok, bad day for shareholders but the partners/stakeholders will back the project , so nothing is lost here... cost overrun of 1 year Ebidta and 2 quarters longer construction timeline... i will hold for now.. selling makes no sense now

...i like the 5 year-plan for the new mine ... the AISC will go down blow 1000$ in 2025 ... Shanta will generate signifivcant free cashflow over the coming years and WK will grow further hopefully to 3 million oz++++ (takeover-target)

I found a negative point in the presentation .. Q2 was the best quarter for Singida .. the AISC -projection for Q3 + Q4 is higher ... possibly they will beat this cost estimate ..we will see ... the main reason i bought here is West Kenia and this project will grow over the coming years .. the current NPV of WK is 3x todays marketcap ...as a shareholder you get the 2 producing mines for free ;)

I'am suprised by the low AISC ... half of the net debt gone in just 1 quarter.. thats amazing ... Q3 ends in 10 days and all net debt will be gone... Shanta Gold generates tonnes of money for drilling out all 3 projects + paying a dividend.. thats a extreme comfortable situation for shareholders

Extremely nice nubers today .. as of today net debt is gone ... i try to buy more shares for cheap....