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Jonesy - yes could be modelling MT deposits in more detail or could be connected to the Feasibility Study work for the "entire mining license area at West Kytlim" (as described on page 1 of the 09-Apr update) ...
Anybody think that the precision post on social meter was to do with proving up the flanks? Maybe a buyer has requested that be done and derisked before purchasing? Pay more yes but less risk and they know the true amounts of pgms?
58p for 40mill oz I'd expect more than that 10% is 4mill at 2k per oz that's 8 bill take 400 dollars off per oz still left with 6.4 bill minus 20% we have 5.120 bill convert to sterling we have over 4bill divide by 3 billion shares we have 1.33p a share at around 15mill oz we would have 50p a share.. either way it's looking good
I’ve worked out we should be looking minimum of 58p just for MT.
I’ve based this on potential 40m oz of palladium in overall area which I think they will take into account on any sale , adjusted this by 50% so figures for 20m oz. With a median price of pd $2000. Using 1£=$1.26.
But I reiterate 58p absolute minimum. Doesn’t take into account WK.
We’ve already been told the banks aren’t interested in small deals......and with Ian( Barrister and M&A practioner as stated in rns) in the fold this only signals one thing !!!
Cheers Boozy Alex
Graeme....
What can I say, I got caught out fair and proper.
TDT
Just been on Smallcappicks. Nothing special on there. Rumours and shenanigans again no doubt.
A1EX
Glad to see you have seen the light and stopped deramping!
Stay safe.
Graeme
Midas posts those links to gain followers, nothing more. You have to follow to see the original tweet and then 9/10 it's junk.
Hi John,
30p per share would value the entire company at circa £900 million. There is £20 billion or so of assets in the ground for MT alone (we own 80%) based on valuations provided by others. Steal of the century for the buyer on that rationale. I share your sentiment in that an increase to 30p from 7.2p is an incredible upside from where we are now however I still don’t think it’s a fair value.
Regardless it doesn’t matter what I think so I’m interested to see where this ends up.
Agree with your view entirely A1EX and particularly your point regarding Ian!
Ignore and await RNS.
Someone’s playing games and perhaps wanting and seeking EUA to confirm / clarity this social media speculation.
Accept they’re suspended and don’t have to say anything until they’re good and ready and on their terms.
All this delay.... Ian now on board.... How obvious can it be.
Hopefully all on here will get their well deserved pay day and if the sell prices talked about on here eg a quid come to fruition, then many of us on here can retire! Personally I think a quid is way too high .I would be happy with 25-30p but we will see
When I saw that , I thought we hit the jackpot lol
No probs john389, weird happenings on Twitter indeed. I hope those responsible get what they deserve.
Not you Broxbourne ! The EUA twitter post that gives impression it was a Midas tip
Morning all
Nothing in Mail+ or mail on line..latter has Joanne Hart column and hit twitter and you get reference to Eua but no mention of relisting . Happy to wait for rns. Anything else is ...
well just twitter . Have a nice day y’all
john389
In what way is my post misleading?
Check out the MIDAS tips and see whether the tweet is correct. Why would someone tweet bad information on a suspended share?
I notice that Broxbourne on looking just now.
Very misleading !
Thanks for reply .The way it’s tweeted gives the impression it was a Midas tip .Not sure it was deliberate
There are several similar fake tweets on that site, eg Amur, UJO, Genedrive and more. All the links on these tweets are the same and take you to Smallcappicks twitter page, which is blocked. Make of this what you will.
The tip could just be speculating on a possible trading return. It may be worth checking out the MIDAS tips in the Mail on Sunday for more information, but any news needs an RNS.
Lancashire lad so you saw tweet too? What do you make of it?