Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Invest2save
The info is there to be found, i went deep down that rabbit hole and eua ticked every box SS were after, this is researched speculation and as such take it or leave it, do a lil digging or dont and dismiss but i firmly believe they were at the table bidding.
As you say no bidders is in writing as they signed NDA’s so this news could be totally irrelevant. I dont believe it is, hope this clears things up.
DYOR
If correct it does rather imply that 4-5 billion dollars was not enough... rums all round
Ginger: no - he/she must have taken inspiration from my tag and copied me!
Why not comment on my actual post instead of focusing on something as irrelevant as my tag name? and then to imply that me and F2F are the same person - get a grip and stop distracting from my very valid point
Like i said i'm invested and not a de-ramper.
Both sides are as bad as each other here from what i've see n - lots of ramping and de-ramping going on in equal measure. Trust nobody.
Dickie88 your right, 5 billion is not enough. I will say no more on bullion dollar valuation. Also, if you buy a short you are closing it are you not!
Always said NN to buy Eurasia, let's see what happens
Good stuff, my daft ten quid bet with my gaffer that my 140 quid investment will beat his £23500 yearly salary is looking good :) Oh god, dare I even mentally up that £1.50 FSP conclusion expectation...
Where does it say that Sibanye were interested in acquiring EUA? I dont believe they were looking at buying is. Might be wrong but thats my opinion based on what i've read and watched.
So let be balanced and try not to connect the two (i.e. they were priced out of EUA and this now means we will go for more than $5b etc. wtf!)
Im heavily invested and got in fairly late. But there is a limit to how much ramping should go on.
With the far fetched but not impossible tesla possibility too actually
Wow thats mega!
I did a lot of digging into this and was pretty confident they were at the table, ferg that usa comment was actually only put into SS’s mouth in the interview never actually stated by themselves purely the journalist.
$5b isnt enough to buy them.....
Imo this leaves NN and chinese left most likely
https://www.mining.com/web/sibanye-weighed-ma-deals-before-golds-rally/
Haha well judge I hope you are right obviously!
ferg dont be worried they been out bid !!! its big news not a cause to worry lol
Look, I just have to say this:
"Wouldn't want to be out of this one over the weekend"
There, said it now and feel a lot better :oD
Engage thrusters for the prelim to warp speed, hang on just got to find the dunking biscuits as well
under a post called potential bidder this am
holy inflatable assets batmen !! :) This is very good news but surely sailing a little close to breach of the nda and if they knew a high price was being offered would definitely get rid of any shorts ???
Must be difficult for companies looking to buy Eurasia and seeing the MCAP 12 months ago was in the region of £10-15 million and it peaked at a £billion less than a couple of weeks ago. It’s like trying to nail down a moving target constantly as updates such as the flanks come in and the price goes up. Equally the assets are likely to be worth many multiples of what they are now so in the end everyone earns money!
I'm probably the only person here who never thought they were involved because I read they were looking at gold mining only and in USA, so not too worried by this lol
I'm in this till the end
Means if anything this will go for more
Very good sign... They were looking at a 5B dollar deal
They have been priced out of the bidding war
Sibanye is no longer actively pursuing buying assets owned by companies it was previously in discussion with.
When mining company shares are trading “at massive premiums,” it’s difficult to find value, Wellsted said. “When we were looking two years ago that was a very different story,” Wellsted said. “The shares are still trading at quite big premiums and it’s a very expensive environment to try and do transactions at the moment.”