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Shanta Gold (SHAN)

London
Currency in GBP
Disclaimer
14.28
-0.25(-1.72%)
Closed

SHAN Price Commentary

The second quarter results beat every market analysist expectation. Record production, faster ramp up and better performance at Singida, faster than expectee cash build and good chance of dividend increase early next year when the company will be net cash positive
Shanta gold share is not reflecting the gold price should be 20-25p
Production to begin at the newly constructed Singida mine in the next 2-3 weeks
Very positive set of interims
AISC falling back in Q2 to just $1,142/oz bodes well for the rest of the year, especially with rising production through the second half
Cheap they will go up its just when.
Should reach 20p by month end.
I really hope so because I am -30% and considering exiting the position
Any idea, why it's diving to these levels?
sorry. just checked the news... Still it seems to be undervalued
Highly undervalued share - just a matter of time before this share leaps ahead. Gold prices are inly going up longterm now
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