Santana Minerals SMI - The next large Otago Macraes Gold Deposit ?

[Daytr]

Only reason for a dual listing is for PR. Otherwise NZX is a waste of time.

I think over half the shares are owned by Kiwis anyway? Something like that.

A good reason to duel list is Kiwi investors wouldn't be capped at the $50k investment criteria on capital gains.

[Sideshow Bob]

A good reason to duel list is Kiwi investors wouldn't be capped at the $50k investment criteria on capital gains.

According to the IRD website, SMI qualify for an exemption to FIF.

[Watchful]

A good reason to duel list is Kiwi investors wouldn't be capped at the $50k investment criteria on capital gains.

Many ASX shares are FIF exempt, SMI among them. There’s a simple tool to check on the IRD site.

[Daytr]

Many ASX shares are FIF exempt, SMI among them. There’s a simple tool to check on the IRD site.

Cool thanks

[Daytr]

Just topped. Nice to get some shares below the capital raise.
Now come on fast track process!
I reckon this project is one of the most likely to succeed.

[nztx]

Just topped. Nice to get some shares below the capital raise.
Now come on fast track process!
I reckon this project is one of the most likely to succeed.

Agree .. SMI probably has a substantial Kiwi holder base already

[Sideshow Bob]

Agree .. SMI probably has a substantial Kiwi holder base already

Maybe paywalled. https://businessdesk.co.nz/article/p...with-new-board

But they mentioned 45% of shareholders are Kiwis.

[percy]

www.chrislee.co.nz
This week's taking stock is of interest.

[silverblizzard888]

A lot to like about the company's prospects at the moment especially with gold price soaring high, but of course with the pending capital raising from now till 24th June that should hold the share price down for a bit. Not expecting much in the short term, but could well be a rewarding hold in the medium to long term. If they can get all the approvals and development work done and get into production under the current government they will be golden.

[Daytr]

www.chrislee.co.nz
This week's taking stock is of interest.

Thanks. It's a great summary.