RE: JUST OUT OF INTEREST26 Sep 2019 17:38
Hi FK, what a surprise seeing you on here.
This board has a lot of posters who keep telling us that the sp is going to rocket, but they have been saying that for a long time.
To be fair, it has picked up from about 4.5p or 5p to today's price, probably to do with the rising gold price.
I see Shanta as a well run company with highly competent management and good quality assets - but so was ACA and look at what happened there.
That makes me nervous, and probably a lot of other investors too, and it it hadn't been for that, I think the sp would be 10p to 12p so those who keep forecasting a rise would have been right.
Tanzania makes me nervous and so, sadly since SHG is a good company, I would like to get out and find another play on a rising gold price.
If the Tanz gov't does pay up with the VAT refund, I might change my mind, but they have prorogued it for a long time now and I suspect that they think can get away with never paying it.