Member Info for viable

@ 19:06 - "Is Mather doing the bidding of BHP?"

Best question of the week. Alpala has been sorted long ago.
Am merely hanging around for Bianca, La Hueca, Porvenir, etc.
And ask why the buoyant SP forecasts are not coming to pass?

Have lost some patience with SOLG. Reduced it and took another wedge in SHG @ 18.62p. Like they say, "follow the money". The IIs can't be that daft.

Live bid up to 19.2375p.
Back at the desk tonight.

Glad to be at work and not on the computer all day.
SHG quoting platform is pants for much of the time.
Bid @ 19p since opening

575k @ 11:08:39
Slipped in to buy a few more as there was a down day on the cards. Not so.
The above biggie speaks volumes. IIs, funds, etc have been given the nod. Shanta, unless there is a crunch ahead for them is almost certainly going to introduce divis. I should have been more awake at the outset.

Bid currenly @ 18.5111p after its early low.
The Stockopedia article is a good one.

a lit = next couple of years

https://www.google.co.uk/maps/place/New+Luika+Gold+Mine/@-8.7172905,33.2769601,6198m/data=!3m1!1e3!4m12!1m6!3m5!1s0x19aa105f8a98b365:0x3ab75824d9018685!2sNew+Luika+Gold+Mine!8m2!3d-8.7184047!4d33.2827517!3m4!1s0x19aa105f8a98b365:0x3ab75824d9018685!8m2!3d-8.7184047!4d33.2827517

Have just about finished examining the Shanta subject. (Back to work tomorrow after being down sick, but it wasn't covid.) The new mine is just to the south of Luika market town @ -8.708064, 33.286595. The "licences are in an area spanning approximately 101 km by 61 km. It is estimated that a 20 km radius from the New Luika Gold Mine processing plant could be economic in the first instance to provide incremental feed source for the mill".

A 20 km radius offering economic returns, if they materialise is astonishing. We could be looking at unusually high yields in the bext couple of years.

You should be OK particularly if a drilling programme arrives late in the week. But it's been a strange day.
Alleged trades of 3,586,087 seem to have had a number of cancellations included. Therefore misleading.

There are not many points that are mystifying other than -
Open pit operations will apparently go down to ~650 metres. That is a great deal of earth and rock displacement.
If open at depth, is there a plan for shaft heads and would it have been discussed with S African connections?

EZ doesn't seem to be too concerned with informal artisanal numbers in the Lihranda corridor, although there
must be hundreds of them. Keeping them satisfied will be a big task unless a determined Nairobi mining department
puts the boot in.

There are a number of widespread dwellings across the corridor. The government will probably resettle those affected around Bushianaga, Isulu and the other licensed areas. There are bound to be grievances.

Risible, indeed. But deliberate suppression going on. No way I can increase stake until there is a level playing field. And is that really going to happen?

Correction: Normal service apparently resumed. The institutions must be lining up again. 20p perhaps sooner than we think.

Bit flaky here today. Don't know what that 19p is about but someone with L2 and insight may put a handle on it.
Not allowed to comment on another share, otherwise the bb. police will be after me. Hint-hint from last night. ))

None from me other than to say I would put ~£2k approx more into SCLP if I had it. Have fair medical background. It has some way to run in the short term and clinical trial development could see spectacular returns. I have put my available cash into SHG. After skyping someone in Canada a short while ago it is clear that I have not done enough with emerging copper and gold stocks. I am, however, one of the smaller investors on the bb.

The weight of private investor activity on SHG has been remarkable. Singida greenfield deposit could be susbstantial. The problem is I do not have the coordinates for the 3(?) licences.

re: post @ 17:54
Also not tempted. Mind you, it could come good. I always remember the unexpected bonanza discovered around Welkom and Odendaalsrus. They were very rich veins.

Yes, I am in a similar leaky boat. My starting gun must have been 10 years ago. I have not had the endurance of Chelsea & co. Should have injected some more cash here but chose to leave things as they are. Buoyant mood here today and good to see it.

@ 13:14. Thanks CD. For those who are in a hurry, they could be pleasantly surprised come the end of the week.

@ 13:00h = 18.505p bid

Don't overheat. It's moving up faster than I thought possible under the circs. Someone with L2 can possibly put a finger on it. I'm not going to watch all afternoon. (It's a bit like the cricket last night. Riveting listening on the radio.)

Really moving along this morning. Had planned to add but chose to increase holdings elsewhere. They are also on the up.

@ 09:16
Tend to agree with you. Just one point to add -
I did wonder if Citi were propping up SP with 50k blocks for 3 - 4 weeks and trying to exercise some sort of control. Merely a guess, of course. This tedium is likely continue until mid-October.

Finally managed to increase holding. Am now done until I can get some geology on Kisumu/Lirhanda, i.e. Singida.