Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Gold holding its gains!
Expect a big day here.
Well that rise today was inevitable.
And for me just the start.
We were valued circa 20p 2020
We now have 40-45% more production with Singida now on line
Incredible grades at West Kenya (you have to see them to believe them)
Lower AISC with increased production
And gold is getting close to the highest its ever been.
Topped up again
Value will out, with the gold above $2000 fair value on SHG is 20p
I can't belive this isn't in the high teens
Same as last year, remember they have invested heavily into the new mine.
This time next year after they have been producing 40-45% more gold at higher prices with lower AISC the profits will be through the roof and the divi will be a lot higher.
Saw an uptick in coal giving CGO a surge yesterday, wonder if BEN will follow suit.
Both companies significantly undervalued.
I'm in both for full clarity
Some serious buying today.
Remember placing shares were at 6p
The Namir family bought millions around 6p also.
So we're a way to go befire they all break even and they will be looking to sell at a profit.
I can see this going for a run upto 9p
Must have been buys as it's ticking up now.
Hugely undervalued.
Once production starts i expect the first target to be 9p where a lot of the warrants lie.
First gold pour!!!!
And in the timeframe and in budget.
With gold price as it is and the figures outlined below this should be 20p plus.
Major re-rate due
The West Kenya figures are insane!
1.76 million oz at an average of 11.45 g/t Au.
An average of 11.45 g/t Au!!!!!
That's just crazy numbers
SHG is no doubt the best small-medium cap miner around
Currently $1980
AISC will be circa $1100 with new mine on line
100000 oz per annum
That's $189mil revenue and $88mil profit
Those are some serious numbers!
Gold looking like it could attack $2000 again.
Wish I had spare cash to buy the dip today, an absolute steal
I think whatever spin you put on it, 18p is a great buy in price for an easy bag which would do me great.
Apologies for the long term holders
Nice big buys at the end of play
I count myself very lucky then
What would you say true value is, considering coking coal has dipped from the highs of last year?
Yes that seems to be right from the research I have done. I know there was some delayed parts for some of the equipment which didn't help.
But from what I can gather as from next month it should be upto peak operations at 70-80k tonnes?
I'm surprised the market hasn't started buying on the forcast of that.
I've bought in over the last 2 days.
Hopefully I've picked bottom on this one
What is going to be the catalyst for the reversal here?
I've been doing some research and it seems very very undervalued.
Gold still holding strong, hopefully today's the day for that RNS