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Https://x.com/itsrichhoblyn/status/1776554905865511256?t=RueE6dkW_uF0WRfXSs5Y0w&s=08

Journalists need to be all over this and Bidstack. There is a huge story here around corrupt market places/managements & advisors.

AIM is a cesspool of theft last few years and institutional money is always allied against small shareholders too WRT inside information, bizarre anti shareholder value voting & retail stitchups.

There is a counter view & strong positives too if the bid/heist fails. I.E.

(1) Gold price is up $300 since this heist was launched. It’s been held down throughout this meteoric rise & brakes will finally be off after the results are clear.

(2) Shanta is in heavy profits & massively more cash flowing now that needs to be reflected quickly to catch up on this lost time.

(3) A washout of the board & management goons will be welcomed by the markets given it is clear they have mismanaged Shanta for years now (maybe just so they could extract shareholder funds to pay for mine development & Kenya & bad hedging, under reporting resources & drilling etc etc) so they could run it down & buy it out on the cheap. With a more honest & aligned management team finally incoming the market can finally revalue Shanta to reflect its huge unrecognised real asset value & massively improved cash flows & profits. (See original analyst valuations etc).

(4) Other producers are up very substantially compared to Shanta & this will catchup when the markets release it.

(5) The big excess cash they now have will quickly grow Kenya resources & mine life which will again massively boost valuation & perception.

(6) Excess cash can boost the dividends meaningfully now all its mines are producing heavily & years of past investments now pay back handsomely.

(7). Gold price trajectory looks strong & its continuation has already completely destroyed any logic to this miserly low ball buyout heist.

Etc etc. i.e. A No unlocks LOTS of upsides too.

Gold Prices hitting more ALL TIME highs at $2298 per ounce today!! Wow!

This means Shanta are simply printing gobs more cash here. Gold price is materially higher than when the management goons launched their heist buyout.

Gold is now over $300 higher than when they bid for it!!!

The MM’s are clearly holding shares back here as the gold price clearly means Shanta is worth materially higher here wrt NPV, IRR & massive profitability. Share price should be over 20p here at these gold price levels AT LEAST!!!

Yet ANOTHER ALL TIME HIGH for Gold at $2279

Management goons are trying to steal Shanta for a song...

Https://www.thisismoney.co.uk/money/mailplus/article-13254937/MIDAS-SHARE-TIPS-Shanta-Gold-mines-rich-seam-exit.html

Don't sell a bean to these management goons trying to steal our company for a song...

MIDAS SHARE TIPS: Shanta Gold mines a rich seam to exit

Completely underhanded release.

Even the way these management goons worded it was to deceive shareholders to believe a peripheral Tanzania competition approval was somehow endorsement/approval of their derisory takeover heist. ??????

They’re sooo desperate to steal our shares it’s obvious. No wonder given the gold price continues to rocket & Shanta is probably spewing out gobs & gobs of cash here!!

DON'T FORGET TO VOTE NO on EVERYTHING TODAY OR LATEST BY TOMORROW CLOSE.

Just go on your broker platform & Vote Aginst, or let your broker know by message or Phone. Voting closes tomorrow around 5pm

Its a shareholder HEIST not a serious or fair takeover.

Why are the directors issuing regular ramp up news for the new & other mines production (like they were) either? SOOO SHADY...

Check managements shareholding for why --- Ben is unlikely to sell for cheap or after the significant pain & hardship it went through to survive the last down-cycle...It would be silly to sell at this point of the recovery of the whole sector...

Directors need to forego salaries for a year or two till they fix the mess they themselves have cause. For them to keep running down company cash is ridiculous.

Its the VERY LEAST shareholder should expect.

Yeah - led many into complete disasters -- all just for him to make a grubby buck...

Nice post Socerer...Real drivers in this one with numerous blue chip customers I agree...

This was knocked back badly for poor cash management as it grew too fast, a bit of growth capital and this ones already strong pipeline with flourish further.

Wow! So Sondrel Behind Making Elon Musks Neuralink Chip work!

That should change things in a lot of people’s minds ;)

"The money was raised back in 2020 to fund West Kenya drilling. So, the investors paid for it but Patel reaps the benefit. "

= EXACTLY - shareholder are being had by the directors & con-man Eric...They know they are trying to steal our assets & shares for a song...VOTE NO!!!

Export license is one I believe but they seem to have all the other major ones in place already which is pretty positive. Not sure what the hold ups are for on the rest.

Also this picking up on the problem/theme too...

https://x.com/MalcolmRaw99915/status/1746358769263480978?s=20

Another shady AIM Management selling FALSE dreams in Sweden?

https://x.com/rekurencja/status/1746269227349053882?s=46&t=LkUKVZHH-p2Ckt2MfrpYBA

Great point Nomad & Tony.

Given Uranium price is now the highest its been since year 2007/8! AND many Uranium companies share prices are breaking up to all time highs, Aura's now got a LOT of catching up coming! ;)