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Exactly that LargeGin.
Wrong Summit, since leaving the FSP we have been in an exclusivity agreement with 'the buyer'. The agreement safeguards the buyers interests while they take the time and expense to conduct their thorough due diligence.
Any prices movements with the metals will have been anticipated due to the swings with covid strains, but, covid can't go on forever, life will very much get back to normal at some point. They're not interested in covid strain price swings, it's future pricing forecasts and modelling they use, due to MT looking to come online in X years time when covid will be a thing of the past and the demand scenario will be in full swing.
GLA
Large gin fair enough. Just thinking the longer this goes on with world events we could easy find ourselves locked out of being able to complete the deal. I see platinum and palladium falling with a lower basket price affecting outcome. In other words we must get on with it quickly.
Bilbo - Actually I was someone else not a particularly prolific poster but a long time reader - but decided to unify my social media et al. But what's that got to do with you?
Doesn't change the fact that your post was nonsense and you can't answer it
I'm off anyway - the pirate is back saying hornswaggle - cracks me up...bye
Oh dear mac, wiki eh ? - I've just edited it to say 'Russia is in Wigan' - is that true ?
Questions. Nobody on here knows the price for the sale of assets. Is it possible we ask too much and if so will it be like an expensive house that never gets sold? After all ds doesnt have to sell....will the value therefore end up just in rosgeo and is the sinosteel option dead?
TheGrouch
Posts: 42
Member Since
8th Sep 2021
Who else are you ?
There just here to disrupt/turn this BB into a sea of arguments and have threads removed.
No amount of arguing/presenting info & facts is going to change their minds because they are not interested and it's all about "trolling" the board.
Anyone in their right mind can see this isn't like the premium bonds, but there you go!
Trolls!
A lot of what's happening is just bringing historical mining areas back into production due to the currently great and future forecast great metal pricing. It's all very straight forward when you sit back and logically think about it all.
We need X,Y,Z metals, oh hang on, let's have a look at what we historically know, oh look there's some there, let's bring it back online to feed the present demand scenario........GENIUS.
GLA
Bilbo - its just a plainly stupid comparison you are making
EUA success is not random in any way. It is dependent on whether it can prove up and mine the amount of resources currently inferred or otherwise get bought out. What don't you understand?
Just talking nonsense as they've done zero research, the area has been of great geological interest since the early 1900's -
"It was established in the 1930s[citation needed] as the inhabited locality of Moncha-Guba (?????-????), which served copper and nickel mining in the Monchetundra Massif.[10] "
https://en.wikipedia.org/wiki/Monchegorsk
Even wiki knows that, poor Bilbo, such a try hard with zero substance lol
GLA
I see what you mean Mac. Success or failure is apparently random here according to Bilbo.
:-D - you are funny Builder - I'm not upset - I'm working and engaging with you at the same time.
I'll try to put it in simple terms for you...
You asked
"Your success or otherwise on Premium Bonds is determined randomly Bilbo, please explain how EUA success is comparable."
My answer is that the 'success' or 'failure' of this (whatever that looks like) is random.
You have no facts or proof that will persuade me otherwise, else this SP would be in the ££'s already if this was a nailed on success- I will wait for the outcome.
Make of that what you will - that's my answer ok ?
They never answer any questions Builder12, but, always magically have loads to say. It's amusing it always has been, that's why i just green bin them.
The way quite a few of them come across, it's as if they're very bitter that some (like myself) have done very well out of Eurasia and it is all set to do even better when the JORC details and asset sale details arrive.
Monchegorsk isn't a mining asset, it's a mining district of PGM and battery metals, absolutely full to the brim due to the multi-layer resource complex nature. The more that gets done the more value that gets attached, hence their current JORC position being done by Wardell Armstrong.
GLA
Why are you getting so upset about me asking a question Bilbo? That's what these chat boards are here for. You obviously can't answer my question, fine.
Builder12 - you are arguing a point where you want me to agree with you ? - that's not going to happen - what is it you don't understand ?
The success of EUA is not guaranteed as is the winning of the top prize in the Premium bond draw.
What is controversial or mis-leading about that statement ?
There will be a mad scramble Sp28, a lot being tightly held now by LTH's. The amount being traded etc is quite small these days due to LTH's constantly adding to their stash on the dips, so, they'll be scrambling for what scraps are left tbh.
Some may think this is a long wait and that they have loads of skin in the game etc. They don't and it isn't that long of a wait when you think about the potential asset sale value, it's in the billions, very big asset sale if MT+Flanks is going, there's 15MOz Palladium equivalent there with Nickel, Cobalt and Copper on top.
Someone who has got a lot of skin in the game is this man -
"Dmitry Suschov * 16.32% 465,647,496"
And being the Mergers and Acquisitions Officer, you can rest assured that he is extracting every last bit of value out of any asset selling, every extra 10p per share changes what he makes by vast amounts, always remember that!
GLA
I'm not arguing Bilbo, I'm asking a perfectly reasonable question which you obviously can't answer.
Just imagine the mayhem and scramble here when the BIG RNS lands.
We all know one way or the other it's coming, and at that point you are either in or out. As i'd be guessing, there will be a massive gap up, or suspension, who knows.
My Golden tickets are firmly tucked away. Don't want to live a life of 'what could have been' trying to make an extra buck elsewhere, making/losing a few bob, when this could well and truly be life changing!
All the info is in the RNS's, you simply have to read them!
Our time will come, and it can happen ANYTIME.
Builder12 - I'm not going to get involved in an argument with you as I can see that's where this is headed.
I don't agree with the posters that say anyone who doesn't buy this at current prices is missing an opportunity, because this is going to be worth £££'s.
I also don't agree with the posters that just come on here to **** off the co and wind people up.
This SP is where it is because that is what it is worth. "Hopefully" the potential will be fulfilled and we (well most of us) will make a tidy profit.
Don't believe this is a 'banker' thats foolish.
With JORC news on the way share price will gear up in the coming days ahead.
Your success or otherwise on Premium Bonds is determined randomly Bilbo, please explain how EUA success is comparable.
Builderr12 - no there isn't - I'm hoping I win the £1million Premium Bond prize tomorrow - I have the potential to do so :-)
This will either happen or it won't - the polarised views either way don't matter.
GLA
There's nothing sad about having potential Bilbo.
We all understand what the 'potential' is Mac - sadly the word has been used 6 times in the post below.
That's why we are where we are - nothing is certain.