Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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Speculation is fun and all, but EUA is worth what someone will pay at a given date, and what the board deem to be acceptable (i.e not taking the P).
But as we are speculating, I would say full sale realistically 50-80p. Anywhere around the £1 mark would be fantastic and anything more the stuff dreams are made of.
Partial sale 30-45p divi.
I honestly believe talk of £2 + per share is not realistic for a bunch of resources that have yet to be mined in any large quantity. It's the talk of late night slightly sozzled people who are dreaming....and then they wake up.
But of course, always happy to be proven wrong. I'm a realist, but if the dream comes true I'll be a believer..
Look as I see it if I had 7 billion sitting in my bank I would offer 6 billion for it .... the 1 billion would ruin easy for a year till the prophets start rolling in by then I’d have my 6 billion back , then I’d feed the world with rest so there would be no poverty because in this day and age there shouldn’t be any ...
Tilly
I am more of a ****sssssartist to be honest lol
keep up the great work of comradery you have provided over the past months ;-)
Hahaha- EUA Furlough detail!!! The posts get more amusing by the day!
Looking forward to the posts on the day of the great crescendo!! And to the opening of a new tillywhiz spiced rum distillery!!
If that last RNS wasn’t a wake up call to all the doubters then I don't know what else is needed. I came in at sub 3p and have held strong gradually building to just over a 1m share holding. If this comes off then I’m mortgage free and much more. GLA and hold strong.
Stix
Evening great post your very artistic!
Rum on cornflakes indeed how many will be on Eua furlough detail tomorrow glued to the screen
In fact I’m hoping the Mrs gets a bit kinky tonight then I can tie her up & leave her up there all day
Kinky Rums all round
Second that Tilly !
Alarm clock set for 7am , rum and cocopops for brekie , then on deck for 8am roll call .
hopefully a return to the 20's
gla
Yep. When I look back this has been some ride. I got in at 1.19p from of all places advfn Sunday night tip. Went all in with a mere £8k. My life is already changed at 18p. Not been easy but feels like we are edging close now. The suspension was odd and baffling at times in the thick of Covid. When you are sat in assets with BOD with skin in the game. Hold tight.
After the above RNS, i doubt we'll see many wanting out.
A lot will try to top up and new money will come in.
Those trying to trade for more shares will be playing with fire.
Strong possibility of a blue day. May even open higher than close by a bit but you can't predict much on AIM, sp wise. GLA
If this comes off I'm planning a snowboarding holiday in the Kola Peninsula to celebrate, will probably need to be the following years winter due to covid ... oh and the fact that I don't know how to snowboard yet
Gecko,
Superbly put, and I for one endorse all that you state, only a LTH , can understand the resolve shown here, and now as you say, it's within our grasp, it's just so good to be on this side of the fence, and the dreams of helping our families, become a reality.
Great this when a long term plan comes together & highlighted by the Rns
All invested shipmates supping Rum on deck counting the potential incoming doubloons
& all deserved especially the lth as some the verbal kn@ckers they have tolerated on here from
disruptive shorting Bot flies & flapping flounders who moaned & sniped have all suddenly turned into rampers
There is a huge list of quality investors on here from all walks of life have a Rum & enjoy & if that RNS doesn’t tickle your Lobster pot or polish your blunderbus then shouldn’t be investing
Well done to all LTH who have survived the turbulent times during suspension(especially the close call when we had no NOMAD), we went through some serious botflies back then and swatted them one by one and here we are now !!!
Trust in our fantastic and experienced BOD and the team they have bought together has been amazing.......its been one hell of a journey and I'm here to the endgame !!
Anything above 40p back then i would have been happy with.......not anymore!.........think the bar has now been truly raised !!!
It would be good to say sell at 70% share valuation in cash and the rest as a share allocation in the company that is lucky enough to buy and develop this field. Bit too much to ask though me thinks??
toon....take his post in the spirit it was meant...now is not the time to be mealymouthed old son.
They also offer a lot of guidance on legal m&a and contract reviews and others services. Whilst I'm hoping we are in the final phase, I'm waiting till I see the red dot before getting to excited.
Peter47 - why is EUA worth £10Billion...?
WOW. Lost for words.... I feel bit sick as I knew this will come good. But seeing the ducks starting to align in-front of us is something else. All I can say is congratulations to all LTH’s and you bloody lucky traders who had no clue what was going on and now have read the RNS and decided to stay.
The deal is done do will be no offer or counter offers , bod must be pleased with amount so no need to put to shareholders , someone has wanted us hence put an offer bod couldn’t refuse
Anyone heard from Bobrad?
If I go to bed now I could speed up the timd to 7am......dare we believe this is our moment!!!
That would be nice
This isn’t a 1 or 2 billion sale , this I think is at least £10 billion sale with the professionals they have thrown at it.
The sale is done so I wouldn’t be surprised to hear about our new owners tomorrow , 1st of the month good time to announce , no reason to withhold information now
Very good point Rowka, forgot all the other precious metals....
This is MEGA news...cant wait to watch this play out...
Turnover is canity profit is sanity.
$71bn = c.$45bn profit assuming 60% margin.
Then convert from $ to £gbp = £35bn
I can see us getting 3.5bn, but not 12bn...
I still think £1.35 a share is likely, but would love a bidding war to drive this up!!! Who wants to miss out on the last big palladium play!!!????