Shanta Gold (AIM: SHG) has, this morning, announced a downgrade to its 2021 production guidance from 60-65Koz to 55-57Koz due to the supply by a third party vendor of an unreliable emulsion product and underground production charging units during Q4. However, now the company notes that emulsion product quality has been restored and the underground production charging units have been fixed.
Today's downgrade in guidance has not impacted our numbers much given our more conservative view on 2021 ....
07 Dec 2021
Production Guidance Downgrade
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Production Guidance Downgrade
Shanta Gold Limited (SHG:LON) | 14.8 0 1.7% | Mkt Cap: 155.1m
- Published:
07 Dec 2021 -
Author:
David Butler -
Pages:
4
Shanta Gold (AIM: SHG) has, this morning, announced a downgrade to its 2021 production guidance from 60-65Koz to 55-57Koz due to the supply by a third party vendor of an unreliable emulsion product and underground production charging units during Q4. However, now the company notes that emulsion product quality has been restored and the underground production charging units have been fixed.
Today's downgrade in guidance has not impacted our numbers much given our more conservative view on 2021 ....