Member Info for Sastech

Interest picking up.
Solar storage in Scotland.
https://www.cityam.com/exclusive-invinity-energy-sysrems-on-vanadium-batteries-and-net-zero/

UK equities are considered cheap and I am holding XAR for the potential of a bidding war this year, maybe someone knows about an offer or maybe a potential buying is starting to accumulate a holding and with limited float, it doesn't take much to move the price.

I have read a hypothesis that it is housing demand that largely influences inflation as mortgages create a significant increase in private sector loan demand that effectively brings money into existence. The boomers came of house buying age during the 70s and as the demand rolled over through the 80s less money was created, which brought inflation back down.
The implication is that Paul Volker got lucky with the boomer peak dropping off at the same time as he was raising interest rates, so demand was subdued from both.
If this is right, then the same could be applicable now and could it also be a similar driver in China re the 1 child policy era moving through? Although I believe much of the Chinese property boom was driven by speculation rather than accommodation, both could be simultaneous factors, making the property crash there all the more severe.
The question is what impact does this have on gold and if interest rates will not need to be raised so high to bring inflation under control, does that not improve the perception of gold's value and our investment in SHG? I certainly hope so, because I am somewhat overweight here.

Gold under pressure today and most goldies are down, so this RNS is keeping PAF blue.
When the PM market finally turns, hopefully PAF's re-rate will reflect this additional potential.

cm,
The rise could simply be due to the capital return has just arrived in our accounts and some reinvesting like a dividend back into the original stock.

Trading update is tomorrow, just had an invitation from Investor Meet Company:
SHANTA GOLD LIMITED will be holding a Q3 Production & Operational Update meeting on 21st Oct 2021 at 10:30am BST.

Watch out for the RNS first thing.

Draft, it was done via the Investor Meet Company platform.
Not sure if this link will work for you:
https://www.investormeetcompany.com/investor/meeting/investor-update-6

Thank you for posting about your health NurseRatched and the potential implications for CholBiome.
You mention that the medication prescribed by your doctor appears not to be effective, how long did it take for you to make this assessment and how long do you expect it will take for you to judge the impact of CholBiome?
It would be amazing if you and now have a viable solution for your health condition without unwanted side effects.
Assuming you are also a shareholder in OPTI, you would have a double celebration.
Thanks again and good luck.

Don't disagree with your sentiment #Sharesahoy, but hard to interpret his words any other way.

During the presentation and especially his closing comments, FM indicated he wanted to both deleverage the balance sheet and have more institutional investors, clearly signposting a placing. The question is when and at what price.
If institutions can be persuaded of the strategic value creation and sufficient progress, then there will be no need for any discount to the current share price. Perhaps it will coincide with a new SA listing.
Once concluded, the share price should rise, but until then, it is likely to remain subdued giving us PIs time to take advantage.

https://www.cityam.com/glaxosmithkline-signs-2bn-cancer-treatment-deal-with-us-biotech-firm/?utm_source=newsletter&utm_medium=email&utm_campaign=Before+the+Open

I'm sure everyone knows this already, but just thought a reminder that by far, the two most effective taxes are Income Tax and Sales Tax, i.e. VAT in the UK.
Many people are employed by the big tech companies and are taxed by PAYE, which is easily collected by the governments where they are employed.
When we buy products or services from Apple, MS or Amazon we pay Sales Tax or VAT in the applicable country, which is also easily collected. Even AirBnB now has to pay a tax in some countries directly on rentals and the net goes to the owner.
Governments earn massive taxes from these companies and the same will occur for a DAO as long as they employ people or sell something to us.
Companies like Facebook may not charge users for their service but they charge the companies that advertise to us and eventually sell to us and again the sales tax is effective and Facebook employs a lot of people in many countries.
When commentators suggest big tech is getting away with paying too little tax, they mean tax on profits, Corporation Tax, but many suggest scrapping Corporation Tax, because it is too ineffective as too easily manipulated
So maybe DAOs won't be such a big problem for Governments.

Anyway, happy to see all my goldies up today.

No idea why both PAF and SHG down today and probably only a coincidence that Cyril Ramaphosa was in Tanzania for John Magufuli's funeral, but you never know. Maybe Covid fears.
I have topped up on both shares and hope I don't regret it.
Both seem too low not to take advantage.
GLA

In case anyone missed this episode of More or Less, it's an easy way to understand the statistics quoted by pharma companies regarding vaccine efficacies over time and the relative benefits of delaying a second dose.
https://www.bbc.co.uk/programmes/m000r4t9

Looks like Scancell needs all the support the authorities can throw at it
https://www.biorxiv.org/content/10.1101/2021.01.18.427166v1

It seems Swansea university has been working on a transdermal vaccine delivery patch and says it hopes to do human clinical studies with its partner Imperial College London.
https://www.cityam.com/welsh-researchers-developing-worlds-first-smart-vaccine-patch/
I wonder if hVIVO could be involved.

A useful summary Highveld, thank you.
Now the hedge has gone, I guess it is the outstanding VAT issue that worries investors.
If the GoT want to send a positive message that Tanzania is open to international investment, such issues have to be dealt with, otherwise it just looks like an extra tax burden to be factored into the cost of doing business.
If it is politically difficult for the GoT to pay this now, after winning a second term, when would it ever become easier?
The sensible resolution for the GoT is to offset future taxes owed by SHG.
This would at least allow investors to see a planned reduction with a clear timeframe.
I wonder how much this issue affects the share price and how much it would jump if we get notification of more repayments. Some posters stated on this BB that they don't think it will ever come, but the implications of that are more serious than the cash amount alone.
Confirmation would be a clear way for the GoT to confirm it considers SHG to be abiding by the rules and worthy of its support.
I remain hopeful, however naive that may prove to be.

Thanks Viable, for your comprehensive reply and it is comforting to know that you are still with SHG.
It was a roller coaster in Tanzania during the ACA debacle, but I averaged down and at the moment sticking here for the uplift from Kenya.
#Highveld, SA certainly has country risks as Viable described, but makes it cheap for the brave. I've been in PAF for many years and averaged down during the crash and recently reaped a good chunk of dividends.
Possible divis here next year may see more attention.
I had been watching BMN falling for some time before deciding they weren't going to get any cheaper and bought some around 11, so done OK so far, which makes me regret not buying more. Relatively small holding compared with PAF and SHG, but good diversification.
Like you say, Viable very knowledgeable on Shanta and one of the best bulletin boards around.
Eric Zurrin seems genuine and has a decent chunk of equity, so I guess he has judged the country worth the risk.
It's not like the FTSE is without risk these days.
Like MarkParker says, we also need some luck.
Gold has been volatile today, so let's see how the markets open tomorrow.
Thanks and best of luck to all SHGers.
Sas

Thanks Viable, useful as ever, I have been in both CEY and SHG for many years.
However, I am slightly confused by your message, are you moving your attention and diversifying or moving your funds out of SHG and diversifying? Also, when you say next year isn't going to be easy, are you speaking generically or about SHG in particular? Please clarify and elaborate if you are able.
I also like Hydrogen cell tech.
Have you looked at Vanadium for storage? I am also in Bushveld Minerals, which is developing a more vertically integrated business model than typical miners, which I find very interesting as the world moves towards renewable energy and requires storage to balance loading against fluctuating supply.
Wishing you every success in 2021 wherever you're invested.

That's amusing, BTB it's probably because we don't have the volume of retail investors looking for the quick win, but do have lovely divis for the more steady amongst us willing to keep the SA risk in perspective.
I topped about 3 weeks ago when the vaccine news hit the gold price and now up 40% on that buy never mind the nice big dividend payment recently received.
A sensible hold in these uncertain times I think.
Please keep posting, thanks.