RE: For gold spotters21 Nov 2023 12:23
The good thing about shanta is that, however you tackle it, from whatever angle you approach it, its undervalued.
at 1/9th the mkt cap of say centamin with about 1/4 the production, every single indicator even at the pessimistic level says 20p NOW, not even a years time (which given gold could argue even higher and cash build)
the only thing that can really rock it would be a gold collapse, and even then would still be worth mid teens, but of course sentiment would mean a lower price, but not the fundamentals