Member Info for Sjm321

If this comes across as naive... but can anyone explain how the bought value can be near 4 times greater than the sold... yet the price drops 3-4 percent? Many thanks.

https://www.investorschronicle.co.uk/tips-ideas/2020/04/08/shanta-as-good-as-gold/

Thanks that’s great to hear, I think everyone currently invested is bemused at how undervalued Shanta is with everything going on, obviously with these comments the management are too in my opinion

About 27000oz left i think. Would not be one bit surprised to see it gone by 3rd quarter in my opinion.

Maybe a persuading factor. But there are more specific plays on the Feds. Either way it’s great to see!

Whoever it is they’re obviously confident! Maybe the same as the £234k buy the other day...

Those 2 ‘sells’ at 1324 where the buy price was 8.9... hmm

Yesterday.

*EBIDTA sorry

Hope so! I think the issue is there’s a lot more excitement elsewhere in the market for traders wanting a fashionable quick buck. When they realise it’s not that simple they’ll come crawling back. Probably with 50 percent less haha. Slow and steady... pretty sure Eric says the EDIBTA at current gold prices is 80m in the last video I posted... and our Mcap is 90m?!?? Crazy imo

I buy with the view that I will not sell for the next 5 years. If I buy out comes, that’s great I’m sure I’ll have made a lot of money. However there isn’t a doubt in my mind that if GGP runs for 5 years plus it will be worth far far more than whatever it could be bought out for now in the short term.

Yeah it’s great to see it come into fruition. Looks like some II buying activity. Should see more and more of that in the coming weeks/ months hopefully!

Sells/ buys are put in at different times to “disguise” depends how much trust you have in the system...

Agreed. A small limited amount of research they would be able to conclude that we are now in the transition phase from a great plan to a solid investment backed by millions of Ozs.

A lot may have got a tad excited and over invested. Happy to bank what little profit they make after a slight rock of the boat.

Got here late to the game (for now) at 6p. I think there’s a few sprinters turned up to the GGP marathon.

Hoping for a Singida update very soon with the renewed resource est and NPV. Then the real prize will be the Kenyan NPV. Been invested here for a few years and it seems like the wind is about to get behind our sails.

I think after watching the last interview with Mr Zurrin he is becoming frustated with the current SP.
The only way this will change is with a strong RNS to get the ball rolling. Can't come soon enough to inject some life.
https://www.proactiveinvestors.co.uk/companies/news/917633/shanta-gold-reiterates-full-year-guidance-while-balance-sheet-s-in--best-shape-for-7-years--917633.html