Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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What a load of absolute nonsense. How can they only close a short.
No worries
mryfronts he said no rushing , so 1 year later is not rushing in my book .
good luck for tomorrow arsenailes .
Hi stix40,
Thanks for putting that up, been a while since I listened to it.
DS, when talking about the 40Moz potential mentions a big area (the Fedorova Pana Complex) that EUA were going to apply for licenses in. He mentions Barrick exploring in a big license area there. RNS of 4/12/19 (after this interview) talks about Barrick's license being suspended.
Since I think 2016 Barrick were looking to get their license reinstated, I couldn't find anything that said it had been, but it was reported 15/5/20 that they had sold the licence.
DS is not speaking his native language so saying they were exploring there could have been meant in the past tense as in the past they did a lot of drilling there.
Hopefully PATT will watch it as DS clearly states the sub contract to the main Sinosteel deal has had all the binding paperwork signed off as all conditions had been met to trigger the deal. PATT was claiming this wasn't the case.
At the end DS is asked about the inclusion of "no guarantee a deal will take place" on RNS's. CS says it's typical addition any advisor to the company would add and normal to these situations. Yet it is no longer added.
Some of these points raised before but never bad to restate them.
Happy birthday for tomo guitarman fingers crossed its a very happy birthday present from the bod at 7am!
HB for tomorrow GM, hopefully massive green candles for your cake!
I think we all know that news is due soon, I am unconvinced that there is anything untoward happening, but we all believe the RNS could land this week so it is fairly clear that anyone shorting may think so also - 12 weeks for the FSP process, 4 weeks for the legals, end of month this Friday/Monday - so if we believe it could be coming so could others.....it is a guess but a logical one based on a reasonable timeline of events thus far.
I think it will be a fascinating week and expect the SP to perhaps pick up as the week progresses maybe to the mid 30s as people look to get in at the last minute or add to existing holdings.
While I do not believe the previous RNS was a traditional 'speeding ticket' it certainly has had that effect and so I think it will be hard to break through that price now before any new news.
I am down for a Friday RNS and share price of a cautious 65p. I remain very hopeful and committed.
I'd guess it would depend on their exposure. If they are concerned about a large movement either way, it could cause issues what with negative balance protection and paying out winners
A quick question about Spreadex. If they won't take a bet on a short wouldn't that mean they are expecting it to short and would have to pay out ? ( assuming they work the same wake as bookies ? )
Crabby,
Yes 30 Sep 2020 or earlier for DLA Piper starting work.
The Board was rearranged on 18 Sep 2020 to focus on the sale process which was again mentioned on 30 Sep 2020 in the Interim report.
Quote from 18 Sep RNS:Christian Schaffalitzky, Eurasia's Executive Chairman commented: "This reorganization is designed to optimise our execution team.
What are they going to "execute"? I know what my guess would be.
It is possible DLA Piper were onboard on 18 Sep 2020.
Land ahoy!
GLA.
https://youtu.be/d_YMY6yiMDE
The video we have all seen before dated 30th Oct 1 year ago This FOMO Friday !
Best of luck Arsenalles let’s hope you’re right!
I had the 27th with Ian as it’s my birthday tomorrow so what a great life changing present that would be to myself if it lands in the morning
Rum at 07.00 birthday drink of course :) :)
This opening paragraph from the interims says it all:
As you are aware, our Company is now in an offer period and has appointed several professional advisers including UBS on investment banking side and recently DLA Piper on the legal side to work with the Company through the sale process. This strategic decision was the culmination of many years of hard work by our team in realising the value in our projects. With the final approval of the Flanks license surrounding Monchetundra, the Company has been successful in establishing a dominant position and a first mover advantage in Kola PGM, which, coincident with developments in the PGM market, has spurred interest in the Company.
On 30th September It stated ‘DLA Piper were appointed recently’ so the latest they started was that day but could have been before, it doesn’t define how recent. Plus there won’t just be a solicitor working on this like when you sell your house there will be a team.
For the record the closing share price was 30.66 , the false drop from Friday makes it look pi55 poor
Camouflage & leathered by the MMs
What’s in the ground as Mac tirelessly posts on a daily basis is still there , we know that , & so do the deal makers just market mechanics making lolly, while preparing to make more lolly .
Rums all round
Neither do i Gilen, although we can't totally rule it out. There has to be a reason for what has been happening, it's not like today was the first sign tbh, we had shorts closed 4 days in a row last week. It's leading to something imho. At this stage of the FSP, i think most can guess that it's leading to the conclusion of it all.
GLA
Agreed Gilen!
Agreed Gilen
I don't think there's a chance of another suspension.. The bod, has played this spot on all the way, every step, even the last few rns's, advised by the best, here comes the best deal for us all, IMO. Red Dot imminent. Sleep well tonight if you can!!
Sure will be interesting to see whether this materialises in to anything or not. Certainly if similar events were the precursor to the suspension last time.
If it does, could be a pretty good thing to watch for in the future with any share
Who's telling them though and how is that not a leak if so... can feel another sleepless night coming if I buy too much in to this lol
Well I won’t lose any sleep but let’s see what comes. Would make sense after the JUB situation as I’m sure nobody want to have to sort that mess out again even though if it is true, it’s unfair they get prior notice
No crabby, there was no giveaway other than spreadex closing, no sp movement, no twitter rumour, nothing. They must get told in these type of situation so that they don't get caught with their pants down imho
GLA
So the suggestion here is rather than a leak its more of a they are told “somethings going to happen tomorrow get ready”
On a quick scan it didn’t look like the share price moved much before the suspension RNS either.
that sounds promising Mac...