Member Info for _Mr_Big

Amen.
My palladium cannon balls are twitching in excitement.

To be honest, the whole thing smells like a desperate attempt for boosting trade volumes by the MMs, maybe even pump and dump?
What's Dmitry's personal banking has to do with MT asset sale? Does anyone think that Dmitry can't borrow an extra £20m if he wanted, so hew has to put down his EUA shares as collateral for more borrowing?
He won't be allowed to buy before delivering the news.

Trust no knut and refer to my previous caveat.

That's just my personal threshold to go to Russia and snog his teddy bear face off.
Don't listen to me - I'm batsh.t crazy.

Just wait for the RNS I guess.

If Dmitry sold this at £1.20 per share, I'll fly to Russia, find him and snog his teddy bear face off.

We have a 12.7p conservative valuation based on no sale going ahead and most of flanks not materialising. The same npv valuation with all the flanks confirmed sends us out to about 30p - that's not a bad starting point, but it is based on a 15-year mining period and it's not a valuation that Dmitry will be taking to the negotiations table.

A figure of ~$150 has been mentioned several times as a recent palla mine purchase price per 1oz in the ground. Say £110 per oz.
If all the stars align and we get 2+15+4=21moz confirmed in the ground, that puts us at £2.3bn excluding WK (valued at 2.5p over 15 years per broker note), Semenovsky and the (still valuable imho) data about MT area exploration.
Afraid that's only about 90p per share - not quite the £1 you are looking for, but all of the above does not factor in a potential bidding war and the fact that it's soft rock open cast mining, which might attract a higher price.

Yep. Starting point. Based on us mining it over 15 years - this rate achievable with a shovel and a pan I reckon.

Yep. This is based on 4.25moz of Palla in MT. We are currently sitting on 2moz confirmed and 15moz awaiting a rubber stamp, with a further (if I understand correctly) 4moz within our entitlement if it's applied for via the flanks process.
Therefore we have a valuation of ~27p if flanks are approved if we stick to this methodology.
This is already adjusted down for relevant risks and is based on production, not sale. So does not account, for example, for a bidding war. If I understand correctly, this also does not assign any value to Semenovsky and assumes palla price below current levels (i.e. does not take into account the strong market forecast).

Don't know about you fellas, but I've got a hard-on just looking at these figures.

It's very simple boys and girls. Shorters have their unpaid interns working weekends now because their ars.holes are twitching in fear every time they think about having to close their shorts. Might have to cancel their lease on the new ferrari because of all the losses.
Don't let 'em take your hard-earned cash - if they are going to buy the shares back from you, make it happen at least at 12p, as per the latest broker note (that does not include the 15 unconfirmed moz of palladium by the way). Until then, keep polishing your palladium love cannons.

Yep. Solid, well-financed company sitting on huge amounts of palladium. Experienced board keen to take the company forward.
I think launching a bear attack is absolutely daft at the moment, but people do stupid things out of desperation, hence, we might see one next week.
Portfolio re-structured and I am ready to buy more cheap shares to end up in my sticky hands.

gmf - I wouldn't pay for unskilled workers who don't have any marketable skills to do the posting - this type of work can be sourced for free via unpaid work experience placements, fuelled by a false promise of a job or free training. Not that my moral compass would ever allow me to get involved in anything like this.

Agree about reduced volumes and I think that yesterday morning was a small failed bear raid. Some action to be seen next week imho, as the shorts must be costing MMs money. but wtfdik.

Iamtrafficcone

All the mad deramping leads me to think that:
Somebody really wants these shares;
MMs are so desperate to drop the price that they made their unpaid intern stay late on a Friday night and post more carp.

Well, not a bad day today. Good to see that most holders have passed the first part of the IQ test.
2.5p per share that's worth between 12p and £1+ is a pretty rotten deal.

As the trading volumes are stalling, the MMs must be gearing up for a large assault. Do you think a 4p is a good price for these shares? 6p? 10p? Not if you can do basic arithmetic.

Have a nice weekend all!

Secret message between MMs to start a bear raid or pump and dump?

Hi All,

Whether we go up or down today, make sure you hold on to your retirement tickets!
12p based on a very conservative valuation which, as I understand, excludes flanks.

Have a good Friday.

3.1p I recon.
Not that I'm selling 12+p shares at that joke price.

I noticed this one too. I read it as the company's intention to continue exploration post asset sale instead of hanging up the spurs.

Wealth destroys your soul!
Money corrupts your mind!
Sell all your EUA shares before they make you rich - save yourself from eternal damnation!

The longer you hold your EUA shares, the higher the risk that you become rich! Get rid of them as fast as you can! Sell them for 2.5p when they are worth anything from 12p to £1+!

I guess nobody is stupid enough to to sell 12+p shares for 2.7p.

MMs are your enemy! They are on their knees begging for mercy (and your shares)!

It is a good time to stop for a second and think: "What would Ray Kroc do?".

Stick a hose in their mouth and turn on the water!

Don't let them have any of your shares.
Palladium helmets on!

PS funnily enough, they seem to have elaborated on my SH.t3 deramp about palladium demand and cat converters.
They are thick as sh.t3.