Member Info for OptimisticVic

Looking at the Shanta share price chart, the price seems to routinely rise in the merry months of April and October and drop soon after. In case some people don't know its nearly October, ready to buy and then sell at some point

Money coming out of Cryptocurrencies into gold?

Games being played by the 3 Chinese companies, too much of a coincidence 3 focus on Shanta at the same time. 1 drops out, what next?

China / Taiwan - China has billions in dollars and will be looking for safety, it can't buy Euros so can only buy gold.
BRICS plus - are creating a new currency backed by each country's commodities and gold. The new currency will compete against the fiat dollar. End of Petro dollar?
Recession - World is probably in recession so idc USA will kick start QE which will push up the price of gold.

75% over today's price? Why isn't the market price in the 17p region atm?

USA doesn't want Russia to prosper; supplying gas to Germany through the new pipeline is contrary to USAs long term plan powerplay to ostracise Russia. If and when accomplished, it will focus on reducing China's influence. But, its going to go pear shaped for the US as the West comprises 1bn people and the rest of the world 5bn who will continue to trade with Russia in non dollar denominated assets. NATO don't need Ukraine, its a set up and red herring.

Yep, many factors to consider especially the PoG, I just wondered what we are hoping for and targetting. Broker forecas is about 36p. Thx.

''Our outlook remains positive as we work towards our five-year plan and ambition to become a 100,000+ oz gold producer by 2023."
Bit of fun.
All things being equal what is the expected share price by the end of Q2, 2023? Any educated guesses?

Good recovery stock, 18 month hold.

I've dumped my thousands today, don't worry now likely to go up.

ok thanks

Have you got the article or video plse?

Are we imminently expecting Q2 2021 production figures?

Simples, we have to wait for good Q2 production news and buying.

Absolutely, gold price due to increase to about $2500 owing to QE and therefore inflation. Plus opening of additional shops for added growth.

Outstanding recovery stock. 20% gain over the next 12months?

Had my first nibble today at 50%, remaining 50% if or when the markets drops.

'OptimisticVic, yes production costs were up on Q1 but as Faramog has said this was due to 35 days lost production due to a planned 35 day maintenance shutdown. As can be seen below this significantly reduced production at Vametco in Q1.'

Yes, OK, OK, I agree, I'm simply upset about the share price at 15p and that the market doesn't seem to have taken into account the planned lost production.

You don't mention BMN costs have risen in this quarter - although Vanadium prices have risen.

Price of Gold increases so Shanta Gold goes up, Vanadium price increases Bushveld goes down!