Shanta Gold reiterates full year guidance while balance sheet’s in ‘best shape for 7 years’

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Shanta Gold reiterates full year guidance while balance sheet’s in ‘best shape for 7 years’

Shanta Gold Ltd’s (LON:SHG) Eric Zurrin caught up with Proactive London’s Andrew Scott after announcing they’d produced 20,167 ounces of gold from its Tanzanian operations during the first quarter of 2020.

That’s up from the 19,550 ounces produced in the fourth quarter of 2019.

”Our balance sheet’s in the best condition it’s been for six or seven years …. by the end of June Investec will no longer be a lender – that’s a milestone as Shanta has never not had a secured lender in its producing history”.

Proactiveinvestors.co.uk

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