Taddish
22 Dec 2014
Re: Shanta Gold refinancing impresses Peel H... It can only be the negative sentiment on gold that is holding the SP back.At 8.8p the mkt cap is only £42m, yet taking the lower end of guidance we should expect FY2014 numbers to be:-Sales: 80k x $1250All in cost: 80k x $950PBT: 80k x $300 = $24m = £15mThat would make a P/E ratio of around 3January should confirm an excellent 2014 production performance and I'd expect the market to anticipate corresponding financials. And the directors seem to know it.Tad
dotlink
17 Dec 2014
even tho no share dilution but if they spend the money then theres NAV dilution
IOMINVESTCOM
17 Dec 2014
Shanta Gold refinancing impresses Peel Hunt Debt restructuring at Tanzanian miner Shanta Gold (SHG) has provided ‘balance sheet strength and flexibility’ as well as lower interest costs.Peel Hunt analyst Maurice Mason retained his ‘buy’ recommendation and raised his target price for the shares from 17p to 18p after Shanta refinanced its existing outstanding debt facility with First Bank of Nigeria and agreed a new facility with Investec bank with a lower interest rate and longer repayment term. The shares softened 0.6% to nearly 9p valuing Shanta at £41 million.‘The [Investec] facility reduces the cost of debt by 1.6%, provides a 12-month capital repayment holiday and extends the repayment schedule to the end of 2019 from the end of 2016,’ he said. Also included is an additional $17.5 million (£11 million) standby facility at the same interest rate which Shanta can use to extend the life of New Luika, its one operational mine in Tanzania.‘The new facilities are a clear vote of confidence in the longevity of the New Luika asset and provide welcome balance sheet strength and flexibility,’ said Mason.[link]
rajishere
09 Dec 2014
Re: Gold up 3.5% Rogen my view is that gold juniors will continue to get sold off with the market and as gold price dips.We will have to wait till the market first cottons on that gold aint going to $1000 and then realises its going up (important gold has breached resistance at 1220ish) and then realises how cheap some profitable gold stocks are. Then im hoping 100% gain should not take too long as shanta in particular rerates.Hard to take the stock continuing to go down as i no longer have any capital to deploy but in 6 months time this has got to be multiples of where we are now just based on where we have been and fundamentals!!!I continue to wait... and then probably wait some more
Rogen83
09 Dec 2014
Gold up 3.5% Shanta down. Standard
dotlink
06 Dec 2014
friday - some sells showing as buys and the sp is down at end of the day lower than sp start of day
rajishere
05 Dec 2014
6000000 shares Yesterday and today; four large buys totalling 6 mill shares or £600k. Interesting?
rajishere
04 Dec 2014
Re: Gold up, Shanta down Different rules for companies and individuals... I'm assuming big holders hold through corporate bodies.Anyway nice to see two significant buys today... Could this be the proverbial bottom... Fingers crossed!
Rogen83
04 Dec 2014
Re: Gold up, Shanta down I think you should have another look at HMRC website before the tax man comes knocking at your door
rajishere
03 Dec 2014
Re: Gold up, Shanta down Tax returns are based on accounting periods... If your year end is 31 dec you need to book your losses before year end
Rogen83
03 Dec 2014
Re: Gold up, Shanta down except the financial tax year ends in March
rajishere
03 Dec 2014
Re: Gold up, Shanta down Maybe related to end of year selling for tax losses to offset against profits?
Rogen83
03 Dec 2014
Gold up, Shanta down Standard!....
Rogen83
27 Nov 2014
Positive update Saying FY production at upper end of range.Guiding for reduced cost per oz of $830m-$850m in 2015 and up to 85k of productionMore drilling on underground mine plan which will be completed in April.I like this bit: "The Company is committed to maintaining financial and growth flexibility, remain as a high grade, low cost producer, and deliver value to shareholders through balancing capital growth and potential for dividends. "
OditMoras
26 Nov 2014
Swiss Vote [link]
