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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...
WK will grow to a 3-5 million oz high-grade gold resource ... worth 300-500 million USD
West Kenia alone is worth todays marketcap ... you get the 2 mines for free
What a manipulation here
Shanta should start with share-buybacks
Ablolutly NON-Sense
WK will grow to 3-5 million OZ ..takeover highly possible
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....
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...
@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....
CFO
the SP will rise with good results and now with 2 mines the free-cashflow will rise significantly ... and i think there is a overhang of shares from the last CEO who left the company on March31 ... thats all ... WK is the key here long-term
because ssoner or later this project becomes reality ... i own shares in Arafura, Lnas, Peak and others ... made good money on these stocks and made money with Pensana in 2020-2021 .. this developement here now is no catastrophe at all ... and i'am sure the dust will settle fast because financings are on the way