Shanta Gold CEO: ‘I have never failed and have no intention of doing so now’
October 20, 2015 2:10 pm
20 October 2015: The CEO of Shanta Gold, Tom Bradbury, says it is important to get some runs on the board at its current mines before considering expansion. In regards to the share price which has fallen 25% this year, Mr Bradbury says its ‘not about blowing hot air into the share price but about delivering results’ which in turn will boost returns for shareholders. He also discusses the latest results which show a record quarter at the New Luika mine, with output totalling 25,550 ounces in the three months to September, on reduced costs. He says the quarter ‘marks an important point at which our initiatives targeting operational efficiencies, senior operational appointments and value improvement programmes are taking measurable effect.’
20 October 2015: The CEO of Shanta Gold, Tom Bradbury, says it is important to get some runs on the board at its current mines before considering expansion. In regards to the share price which has fallen 25% this year, Mr Bradbury says its ‘not about blowing hot air into the share price but about delivering results’ which in turn will boost returns for shareholders.
He also discusses the latest results which show a record quarter at the New Luika mine, with output totalling 25,550 ounces in the three months to September, on reduced costs. He says the quarter ‘marks an important point at which our initiatives targeting operational efficiencies, senior operational appointments and value improvement programmes are taking measurable effect.’
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