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Shanta Gold – a recovery BUY!

Shanta Gold (SHG) has recently announced that “after further engagement and having taken advice from its financial advisors, the board has concluded that there is no merit in continuing discussions with Shandong and Chaarat, which both parties have accepted”. That ended current bid talks and sees the shares currently down to a 10.5p offer price. However, the company added that it is now “focused on optimising and growing its quality portfolio to continue to deliver long-term sustainable returns for shareholders with a number of value catalysts in train for 2023”. We consider that they can re-spark these shares back to the 16p+ of last year.


Shanta Gold – Q1 production and operational update, Buy...

Writing on Shanta Gold (SHG) just a few days ago we noted a positive exploration drilling and resource update had helped the shares up but that there still looked much more to go for. A “Q1 2021 Production and Operational Update” has since helped the shares further higher. So, what’s the detail?

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