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SP action odd with a large spread on the back of Tin heading north. I wonder if they are look at a raise in the background
Listen to the numerous interviews around the Resourcing Tomorrow 2023 conf at the end of Nov. Segilola drill results, Douta drill results and Li drill results all signposted before end of 2023 yet nothing to date. Hopefully not holding back on poor results. That said I’m more interested in the production update and delivering in line with guidance
What’s going on with these trades we’ll below the bid coming through today?
I like to think of it as Shanta being underpriced rather than Centamin overpriced. In fact I think the whole sector is undervalued right now. That may change if gold holds up and inflation continues to fall/stay lower
Did you read the RNS? He literally confirmed he’s a shareholder. Read to me like he’ll hold for now
What’s changed? The planned sales for this year and more importantly the average sale price ie less revenue. Hopefully they beat guidance on sales starting in the Q3 update next month and the actions they are taking significantly increase the sales price quickly into 2024.
Serabi sp now at all time lows which is surprising given the coringa update. I’m tempted to take a reasonable position here but waiting for it to settle post the update. Clearly the market doesn’t like the uncertainty around concluding the license and/or timescales.