Member Info for RichTheNewbie

Fish4chips - Each to their own :)
Personally I think his views look very credible and far from having a hidden agenda he looks very transparent (he clearly says he's short and for how much). Having been a around the boards for over a decade I've got quite a bit of experience of spotting the people who are trying to manipulate people (and from what I've seen I wouldn't put him in that category). My own spidey-sense tells me to avoid EUA. So I'd just be very careful if I were you and only invest there with money you can afford to lose. Last word on the matter - as I'm no expert on it - and don't want to antagonise you. Hopefully I'm/he's wrong.

Yup. Greatland Gold became a billion pound company that route (albeit they've pulled back a bit in recent times) despite having given away 70% of their asset (essentially).
Difference being though, that they were in a much weaker negotiating position, having never generated any revenue, and Shanta will have lots of cash coming in when they're deciding on, or negotiating, a route to market for WK, and won't have to jump at the first offer.

No. Hope this helps ;)

Fish4chips - with regards EUA I think this person has a pretty strong opinion on which it is:
https://www.lse.co.uk/profiles/themadstork/

Basically the market is a bit silly these days.
Companies losing money hand over fist are soaring in price.
Companies making loads of money get hammered for the smallest thing.
They say the market can remain irrational longer than you can stay solvent....and whilst the sentiment might be correct...it's not if you're holding shares and eventually the market usually recognises value.
I think there's a case to be made on mining shares (and many others actually) that it's not worth paying a dividend anymore, as there aren't enough dividend investors to support the share price, and that on-market buy-backs are the way to go when the financial performance is not being reflected in the share price performance.

Markets sh*tting another brick about how well COVID is (not) going and new variants. Gold on the rise.

We get it. You want everyone to sell. We got that from your last attempts.
This "market doesn't trust" stuff is nonsense. When people speak for the market they're nearly always speaking for themselves and only themselves.
It's funny as, even during Shanta's recent short-term problem patch where they couldn't access the higher grade ore for a few quarters, the AISCs have still all been below HUM's most recent AISCs, most quarters considerably so. Those AISCs should obviously head back down again shortly as they start accessing the higher grade to mix with the lower.

Be rude not to add a few more at this price.....and I'm rarely rude.....so I did.

Thanks mick-b...personally I think the markets are utterly insane at the moment, with insane swings, on effectively meaningless news.
I'm losing count of the amount of money/fund managers who've been acting all surprised that inflation hasn't gone away and saying things not much better than "but the fed told me it was transitory".
They're probably all wanging their money into some dung-coin because they've heard that's good now.

this=these

One thing is true, whilst Narcus is probably right that this will fall further than the dividend amount, as this often happens on many shares, its far from certain, despite his certainty (rather ironically considering his strop the other day).
What's probably more annoying for VOD is the ex-dividend drop will take it well out of the uptrend channel it's been within lately...and probably increases the chance of a fall continuing post-div.
Having said that the markets are more unpredictable than ever this days so it'll probably do the unexpected ;)

adam - I can see what you're trying to argue, but it's still nonsensical, since your premise is still based on AISC for a short period, that bears no resemblance to their overall AISCs past, or more importantly future, upon which any valuation of a/the company would be based.

You may think that.....however I think you're being wildly pessimistic....although I'm not sure I really buy that you really believe any of that....as you'd have to be stark raving mad to be investing in this if you think it's a high cost gold miner (which of course it's not really)!

The grade doesn't "automatically" go up....it will go up as a result of being a mix of high grade material being mined along with the lower grade material. Your premise essentially relies on continued problems and there's really very little basis to suggest that will be the case. As I say, I think it's "rash" to use your terminology, to suddenly think that the company is now a high cost gold miner because of ONE unforeseen issue that meant it would be a few quarters before they accessed the higher grade material to mix with the lower.

I don't really understand the logic from some today....everyone seems to be judging Shanta on the period of a few quarters where we knew production would be lower due to the unforeseen issue that led to a few quarters that would be missing higher grade being in the mix.
Shanta has hardly become a high cost gold producer! Next years operating costs are forecast at $784/oz and AISC of $1064.
They're a low cost gold producer who're exiting a period of lower production and whom will be entering a period of increasing production as NLGM ramps back up, with Singida being built and then adding further to production, all the while with plenty of exploration.

how=you
(brain clearly not awake as usual at this time)

most=move

Come now Drake......it's been obvious you sold a short while ago, as you went from posting daily to never, but there's no need to immediately most to placing scaremongering now how have. The suggestion of a placing was brought up in the recent last interview by Eric where he basically laughed at the suggestion as borderline ridiculous.

A rather appropriately stupid response from an anti-vaxxer. Surprise surprise.

If you want a Friday afternoon conspiracy theory....how about Boris Johnson had his Tory goons sabotage a Chinese virus lab, to release a virus, and then told everyone not to worry about it, so that he could blame all the disastrous economic impacts of Brexit on the pandemic, to cover up for the fact he's ruined this country to make a few of his puppeteers rich(er) ;)

I really don't.....as I learnt very early on in the pandemic there is a mountain of nonsense and conspiracy theories on the internet/social media, which gullible people lap it up, usually because they don't check the facts or understand statistics. I've got absolutely no interest in reading any more of it.
I know more science related PhD's than you can shake a stick and funnily enough none of them seem to believe this nonsense. It's always just Fat Fob in their basement with a qualification in poor hygiene and internet posts.