Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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I know hoochy goes on about £35-£50.share etc. But I'm now beginning to think he is onto something.
Anyone familiar with world affairs and BRICS
https://en.m.wikipedia.org/wiki/BRICS
There can be a consortium of buyers only from BRICS counties aiming to leap to the forefront of financial world dominance. Aiming to put an end to the dollar and American dominance of oil
Hudson, I thought the £35 - £50 a share was a joke by Hoochy? I'm all for optimism but it's unrealistic to expect this company to be sold for over £100B, I hope I am wrong but at £50 per share, it would make the smallest shareholders millionaires?
I really hope people haven't invested in this company because they are expecting that level of return.
I'm not saying or predicting a sale of that amount,but I now think it will be a JV with a consortium of buyers from BRICS COUNTRIES only. The involved counties may form other aligences which change or influence money as we know it. This deal can be a small stab to the dollar which has been in a coma for the last 10yrs anyway
fantasyland figures I am hoping more for £5 per share, but would be very happy with £2.50 per share
Each contributing nation which are part of the BRICS group of counties put say.. 1B dollars in now in exchange for future licences which are pre agreed with the gov already. It will show the world that we are contributing to making nations more self reliant and self sufficient.
Are we thinking Chinese/Russians or Arab countries? Could be I suppose, I wouldn't discount anything possibilities are endless. I think it's unrealistic, but stranger things have and do happen.
Lovely as these numbers are, and you should feel free to post about your opinions, they are not facts. Basically, expect these ideas to be used against the board by the usual bots, and expect to be called rampers...
I'm thinking there will be a Saudi involvement, Chinese and Russia will rule the roost. Bit like the EUROPEAN UNION where Germany, France, UK Have more reps in Brussels but Romania is still part of it and gets benefits. The BRICS counties will be involved.
Hudson, you may not be too far wide of the mark there imo. The oil producers have got to find a way of continuing their cash flow when the oil starts to dry up ( albeit a long time off ) otherwise they’ll be back on the camel instead of the rolls royce.
ATB, Pete
Also if, and I mean if, and I'm not deramping in the slightest, if this is the case certain funds that hold (turkish) may need to sell due to political conflicts
I don't know where anyone is getting £50 per share, my calculations all point to £150 + per share
This is why it's such a massive deal... Licences and land can be sold off to many different parties, all in return for guareenteed returns
£50 to £150 ....calculations on that one ....
Ok my £150 calculations were:
Take the amount of money I would like to make, divide that by the number of shares I have and bob's your uncle
I have an uncle Bob!
So do I, so thats proof it will sell for £150 per share
I want some of whatever you're drinking ;')
£5.22 would do me nicely then. I don't have an uncle Bob, but my mum did, does that count?
Casper
It's "Be greedy when others are fearful ..." :-)
don't stick your d1ck where you wouldn't stick your finger!
ha ha
I am by no means an expert but i've been trying to find out how much the resources we are actually know about are potentially worth and the most reliable information i've been able to find is in RNS 6373V dated 4 Dec 2019 with regards to the initial licence and flanks at MT. I have seen no mention of Rhodium.
The total potential resources in the Russian Cadastre breaks down as:
· c.15M oz of PGM within the Flanks application for which the Company has exclusive rights, and inclusive of the Company's c.2M oz reserve and resource (A below).
· c.4M oz (in addition to the above c.15M oz of PGM also within 5Km) neighbouring the Monchetundra Project and within 5Km (B).
The total amount potentially controlled by Eurasia and under flanks exclusivity right application is c.15M oz of PGM as per the Russian cadastre of state resources; although this data has not yet been independently verified by Eurasia.
· Further potential resources of c. 21Moz in established and unlicensed resources and reserves in the district surrounding the town of Monchegorsk, that is located 8Km from Monchetundra (C).
(?) Within the Flanks application submitted by Eurasia 80% owned subsidiary Terskaya Mining Company in September 2019:
1. Potential Pd and PGM resources of c.13.1t (421k oz) (as per State Cadastre of Deposits, No. 18 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
2. Potential resources of Pd and PG? c.14.7 t (472k oz) and of gold c. 0.7t (as per State Cadastre of Deposits, No. 20 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
3. Potential resources of Pd and PG? c. 320.1 t (10.2M oz) and of gold c. 10.1t (as per State Cadastre of Deposits, No. 21 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
4. NKT (Nittis Kumuzhanaya Travanyaha) nickel, copper, cobalt, platinum, palladium, gold and silver with the following potential resources: Ni - c. 298,000 t, Cu - c. 229,000 t, Co - c. 11,300 t, Pt - c. 18.5 t, Pd - c. 55.0 t, (Pt+Pd= 73.5t or 2.3M oz) Au - c. 7.6 t, Ag - c. 185t (as per State Cadastre of Deposits, No. 22 on Murmansk Geological Information Archive Reference Note of 07.03.2019).
Section 3 equates to:
Gold 345koz @ $1794/oz = $638 million
Section 4 equates to:
Nickel 298kT @ $19,226/T = $5.7 billion
Copper 229kT @ $9,206/T = $2.1 billion
Cobalt 11.3kT @ $52,000/T = 587.6 million
Platinum 650koz @ $1,266/oz = $822.9 million
Paladium 1.94moz @ $2,420/oz = $4.7 billion
Gold 270koz @ $1,794/oz = $484.4 million
Silver 6.5moz @ $28/oz = $182 million
Total Resources for 3 and 4 combined = approx $15.1 billion
This is before recoveries and cost.
Well done you can cut and paste
Large trade showing on LSE :
2021-02-24T16:17:21.083 GBX 23.55 500000 117750.00 Off-Book AIMX LRGS
Tigra, did you notice - $24,500.00........come on Eurasia's Rhodium!!!!
GLA