Anybody have an opinion on Shanta Gold [LON:SHG]
Investors Chronicle have this stock going to 19.59p.
I see that Odey Asset Management own 147,045,785 (18.7% of the company). Odey famously made a fortune in 2008 with the last crisis of course...
Eric Zurrin (guy giving this presentation on the YouTube video below) obtained a lot of stock in March. Note that their debt is about to go to zero over the coming months as they have been pulling a lot of gold out of the ground.
https://www.youtube.com/watch?v=GBnaLw8W6i4
Their NPV implies a share price of > 20p according to my (admittedly rough) calculations and this is completely ignoring their new Kenya / barrick gold acquisition.
