Shanta Gold – positive interims, a gold production Buy
By HotStockRockets | Thursday 28 September 2023
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tanzania and Kenya gold company Shanta Gold (SHG) has announced its results for the first half of the 2023 calendar year and reiterated full-year guidance of production of 90,000-98,000 gold ounces and all in sustaining costs of $1,200-$1,300 per ounce for its production from New Luika and $1,300-$1,400 from the March-commenced Singida. What does this mean from a current 10.5p share price?
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