Yeah.. the therory was ..they will steal our freedom forever ..and now all is like before ... all these theories are BS .... yes they made more debt during Covid and thats why POG is near 2000$ ... thats all ... more debt -> higher prices -> higher POG ... its simple
And thats only for the running operation ... you have to add the value created via the drill-bit ... West Kenia will grow and bidders for this project will come sooner or later
I think its just the manipulated market ... stop-loss selling ... and the Odey- issue ... but Crispin Odey alredy has left the company and we will see what will happen with the Odey -funds...
RE: Electric car range set to double to 1,000km23 May 2023 11:45
Its no lithium-nickel battery .. so why there should be nickel? ... ... there will be 100's of different technologies at the market in 10 years ... some will use nickel , others not ...
just wait and relax ... SHG will rise with growing production and good free-cashflow ... this bashing here at the BB s*cks ... let the weak hands sell ... they will buy back at higher prices
to be honest ... i read nothing about a involvement of La Mancha here ... absolutely nothing ... but we don't need La Mancha or an other bidder at this time ... we need WK to grow to attract a bidder ...maybe in 1-2 years from now ... 2.5-3 million oz of high-grade gold will make SHG interesting for a potential bidder... at a rate of 100000 oz p.a. production we will be debt-free in 1 year .... SHG will be a cash-machine from now ... the 2 running mines are too small for a bidder.. all depends on WK down the road....
RE: last chance to sell at 13p before it drops25 Apr 2023 08:10
the new mine already produces on nameplate .. the SP will rise from here .... the AISC will go down from 1400$ and a lot of cash will come in with 100000oz p.a. production...
RE: Q1 results should be interesting20 Apr 2023 08:54
@1200-1300 AISC Shanta generates 70 million$ p.a. Ebidta from its 2 mines ... there is absolutely no problem serving the short-term-debt ...and there is a possibility getting back the VAT from tanzania as addional source of cash.. debt will go down very fast from now....