Member Info for Lenin

One little extra I should add ...I know basic information about Reabold and it's assets etc ...but my knowledge would be nowhere near the level off a dedicated shareholder ...and that is because I know often with AIM shares the patience off a saint can.be needed before any money by the shareholder maybe made ...I have learned to handle this by having one account ( in the case off Reabold inside a SIPPS Pension ) for maybe longer term .. while having a separate share trading ISA account for some very short term trading where I can make some small.amounts off money from time to time .as a little extra handy income ... Personal favourites for this are Pan African Resource ( Gold Mining )./ Gulf Keystone / Harbour Energy/ and Lloyds though usually with Lloyds I get unlucky as it will normally go straight down on the same day when I decide to.take a punt and then it's a waiting game to.get back out again All the above have very small spreads making it easier to get back out ...I have also done some minor swing trading on the American Nasdaq ...I recently made some small profit on a company called Star Bulk Carriers ( at the moment this one is... very high risk .but a great dividend for anyone prepared to take a punt.) but it is more difficult to get back out if things go wromg because off the foreign exchange charge ..This is just my own way to handle the waiting with AIM shares such as Reabold...

Good Question...The problem is no shareholder here sits on the boardroom so who is able to awnser this question ...The only info I can see is in the statement ...Corallian consider the offer to be sufficiently attractive .......I read that as a minimum threshold has been met but it is a very basic statement off course ...I have learned too take with a very big pinch off salt some ( but not every) statement that gets posted here because I remember reading a little while back some posters who seemed to think no offer would be made for Victory for various different reasons ....That has turned out to be a load off nonsense off course ..... Personally I think the stars may be perfectly aligned here .. especially with UK gas at around 380 pence per therm ( this was never imagined when.Reabold originally brought their stake in Corallian )....but this is off course a statement based on personal sentiment ... Regards Lenin...

Point taken ...but not as bad as posting contradictory messages.....

You contradict yourself ...You say the market values it at bugger all ...while ... saying your happy to take a risk ....Either you believe the market or you do believe it is a valuable asset ..or why would you risk your hard earned money !!!???. Victory is valued at around £193 million based on a historical average for gas prices at 50 pence a therm ...( Currently Circa around 380 pence a therm and possibly heading North )...Now I know nothing is known for certain at this stage ...but I would say even a child could work out Victory is many times more valuable than a Van Goth !!!

You mention Reabold need the cash ...I would not be too despondent about Victory...In simplistic terms if a poor man has a Van Goth or Picasso for sale does it make it any less valuable ??? ...Do not forget Gas has become a very expensive and valuable commodity and will stay that way for quite a while ...

Hi ...as a new shareholder here sadly I have missed out here on the earlier years ( or maybe not depending how other shareholders view !!! ) but I just wondered what was the future situation regarding first oil ..Is there some sort off specific timeline ???...I send an advanced many thanks for any replies from shareholders who have more experience/ knowledge about the company ... Lenin

As a new shareholder I know very little about this company beyond the basic share metrics ..but studying the share price movement over the last six months ..it has moved broadly in line to a lesser or greater extent with other oil companies....With worldwide oil supplies becoming.imcreasingly tight I should.think this will easily shoot past 200 pence in the near future ..but off course this upswing in the share price.will apply to a number off energy.companies as well ..I have absolutely no idea who will do best so as well.as Genel I hold shares in Harbour and Gulf Keystone .but I think they should all put in a fairly decent upswing over the coming months ...

The only problem with that statement is I remember last year when the share price was in free fall all the way down to circa .12 pence and there were posters on here who were confidently telling others to sell up just prior to this because the share price would be worthless ...Since then there has been a tepid recovery to the .30s but not worthless ..It is the posters who are encouraging others to panic who need to examine their own conscious before telling everyone else what to do because they seem to think they have superior knowledge of what will happen to the value off the share price !!!

If one was trying to take a balanced view of the RNS the good part is that there is a clear plan with a time table for when the first gas 2025 will be coming out is clearly shown in this RNS ...But what is also shown in brackets is ( subject to funding ) ..
what does this mean ??? A Share dilution ???..If this was clearly spelt out this would give new potential investors the confidence to invest in what potentially could be a multi bagger .... Surely the money could be borrowed to fund West Newton when one considers the potential revenue that would be returned back to the company ...

Apologies typo error should be ... Panicked and sold ...

Yes the share price did have a smallish drop today but off course the sharp recovery in the price off Gold did not take place until this afternoon after what may have potentially look like the price of Gold going into free fall a little bit earlier .. .. possibly some shareholders either paniced and sell or sell in anticipation off a further fall in the price of Gold and/ or the Shanta Share price ...Even if there was no dramatic rise in the price off Gold in the near future I would think Shanta as with many Gold companies will still have a decent profit margin at these levels which should give solid support to the share price unlike other sectors such as Retail etc...where the risk to their profit margins are much higher in these uncertain economic times we live in ...

Yes ...real wealth destruction is taking place in the USA at the moment with the decline of the S and P 500 and the Nasdaq etc...with other world stock markets following in the same direction .. Hopefully Gold Miners such as Shanta can decouple from this debacle as the price of Gold has held solid so far in 2022 ..

Off course ..I realize holding shares in Shanta ( or any other company ) does not come without downside risk and you have every right to point out all the negatives and dangers ...But here is something positive about Shanta ... Simply Wall Street seem to think Shanta Gold is over 90 % undervalued and should have a fair value share price off around.... £1.41 pence ...Do you think they are wrong ??? ...Is your judgement better than theirs ????

You mention many moving parts with potential dangers for Shanta ( or more admittedly the Share Holders ) however moving forwards they did announce a 5 year plan last July on massively increasing production which shows there is confidence in this company shown by the board in expanding the business ....Also the price of Gold seems to be in a long term uptrend which off course is crucial to companies like Shanta to achieve their objectives ...Compared to many different sectors in these uncertain economic times I would think this is one of the least risky sectors to hold shares in when compared to other sectors ..( I mean just look at Retail where profit margins will be hammered this year ) .
.. However each investor must make their own choice on where they feel confident to place their hard earned money ...

Recent Hawkish comments from the Chairman Powell off the Fed saying that they will raise interest rates to whatever it takes to control inflation seems to have hit the price off Gold yesterday but the yellow metal maybe starting to recover some off it's losses ...But do these Central Bankers know what they are doing or really have any control over inflation ??? ....From the U S A to the UK or the European Central Bank they cannot seem to decide what is the best level going forward for interest rates or aknowledge to what effect quantitative easing has contributed to the loss of purchasing power off fiat money ... The next 12 months is very unclear but the world economies could be heading for a very difficult period because off poor policy choices by the Central Bankers ...

Interesting to read some of the messages about Shanta Gold recent preformance ...But it must be remembered the share price preformance has to be taken into context with the whole Gold Mining Sector ...Over the last month Shanta Gold has fallen circa - 18 % ...But Pan African has fallen -14%... ..Solgold - 34% .... Harmony Gold - 28 % etc ...An exception is Scotgold at + 1 % but even this has pulled back from recent gains ....Have the people who sold out in this sector panicked ??? Gold is currently back above $1850 dollars an ounze ....That means companies like Shanta have no financial issues as the strong Gold Price means they will have a strong cash flow and be able to take on debt to expand their business which means the debt is being used on a good way ...For myself I am happy to stay here in this strong stable company during the uncertain economic times we live in ...

Is Gold Breaking Out ???...It is back over $1900 an ounze after the very recent interest rate hikes from the Fed and the Bank of England ...

Gold has recovered to almost $1900 dollars an onze after a sequence of events that have played out in the last 24 hours ...The Fed in the USA have announced a 1/2 point rise in interest rates ...but not the shock and awe 3/4 points that some were expecting ...This has caused the rise of the dollar to come to an abrupt halt which means that Gold is regaining upwards traction ... Hopefully a double whammy of a rising Gold Price and well timed financial results for Shanta next week should give the share price a boost ...

The price of Gold experienced a sharp drop earlier... but has made quite a decent recovering later in the day ....which has possibly helped the Shanta Gold share price make a decent recovery later during the trading day ... With what looks like solid support around the 10 pence area hopefully the upwards momentum for the share price will continue throughout 2022...

Typo error . . Poland and Bulgaria ( not Russia)