RE: Steady BUY’s28 Mar 2023 11:40
If Centamin is producing 440,000 per annum, and Shanta at 100,000 (with confirmation).
Centamin is producing 4.4x more than Shanta and is worth 1.1billion market cap, therefore Shantas 131m x 4.4 = 576m, therefore Shanta is currently 50% undervalued.
Once confirmation of 100,000 oz annually, Shanta should in theory double, also Shanta is a lot more efficient than Centamin per oz.