The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
the 2 operations will deliver good cashflow..no question ... but important for the SP is WK ... a low cost mine with very high grades will do wonders here ... Shanta will prove up 2.3-3 million ounces at WK , mabey more ... AISC will be near 800$ ... Shanta can built this mine from cashflow ...
10 g/t +++ mines are highly profitable... normally the WK-project shoulld be valued @ 200-300 million $ NOW ... abt it will grow further , mayber with lower grades but the first years of production will generete enormous cashflow and will ensure a qick payback of Capex ... i think other miners will watch closely on Shanta for a buyout... maybe at the time WK reaches 2.5-3 million ounces in resources
i will keep HUM as a lottery ticket .. the balance-sheet looks terrible with nearly 200 USD million liabilities ... Kouroussa is poised to be a big success .. if not .... bye bye HUM ... ... thats the reason i will not buy more shares ... in best case POG will go to 2000$ this year and Kouroussa starts with cheap high-grade material... AISC below 1000$ ... for the first 2 years ... minelife is short and possibly nothing left for shareholders after Kouroussa is mined out ... Dugbe is hidden value.. Yanifolia, i don't know this operation will returnto profits ......
new presentation: https://shantagold.com/_resources/Q4%202022%20Production%20and%20Operational%20Presentation%20v4.pdf
i feel OK with this numbers... the good thing is the problems are adressed .. and operations will improve in 2023 ... the current high POG helps a lot... i think the estimated AISC for 2023 are a conservative view from management... The new mine is 90% complete and production will start in 2 months , good execution ... WK-resource -updates very soon ... WK alone is worth the current marketcap... thats why Shanta is a screaming buy!
no, its not .. Kitco has busslish and bearish views on POG ... its only a summerize of the meanings of different autors ... the USD possibly will rebound and the POG will lose 50$ or so ..but in the mid-term 2000$+ is highly possibly ...
i know La Mancha since years... they were involved with Endeavour Mining and it was a big win for them ... they will realise the value here and i think the price target is 200-300 pence a share .. for me HZM is a safe bet for the next years to come...
@contrarian123
are are right? with what? .... yes, markets are down since last year... you don't have to be a genius when you tell the people a stock will go down during a down-market ... but HZM has 2 superb projects and this stock will go up sooner or later ... it's only a matter of time