Member Info for Anders_uk

What's the panic, the world stock markets are hurting, Taiwan lost 5.75% in a day!

Pointless moaning about a SP drop, if you believed in the fundamentals last week, nothing has changed.

We have a virus impacting all stock markets, it could last months for all we know. What are we going to do, take all our funds out of shares and risk it in the banks? No thank you.

I think we can use the Sino steel contract as leverage to set a deadline for a deal to be concluded. It makes no sense to potentially impact future profits if no deal happens. We can say we have to trigger Sino steel by XX date and this puts pressure on the buyer. We have the best hand here tactically.

Any buyer won't want the hassle / cost of cancelling the Sino steel contract later on.

I'm surprised a site who allows an unqualified fishing guru to write articles on shares is taken seriously.

They seem to have a reasonable following of sheep though. When a good news RNS drops, they will soon move on to their next prey.

I'm holding tight.

1jonnyy1,

I find it amazing that you joined LSE and out of thousands of shares listed decided to post your comments on our share forum. Your deramps won't work here, we're holding for the end game.

The recent SP drop was met with massive buys, someone is loading up. Perhaps there are loose lips and someone knows a good news RNS is on the way...

All, I suggest you all report Lamtree's post of 23:20 as Libellous / Defamatory. I've asked him repeatedly to back up his statements on staffing with fact and he never does.

We all know MT will be handled by Sino Steel if we start that contract, we don't need our own army of staff to mine MT. But to make none-factual statements is potentially damaging and need reporting.

I've no idea why someone with no stake in EUA spends so much time bashing the share...he rarely posts when the share price rises. If you plotted a graph of Lamtree historic posts vs share price, you'd see a coloration between posts and share price dropping....that says everything you need to know.

Interesting day, joined the party and topped up with some of the profit from Palladium ETF I cashed in.. And thanks to MMs they were even cheaper than expected.

With all the massive buys and usual bot fly infestation you know we’re on to a winner.

Aliens, you're making a big assumption we're doing a deal with the China, when we have NN a few miles up the road...

Ned, I agree I think sale of MT is more likely. If NN was the buyer they could have a mine operational much quicker if they throw enough resource at it.

With Pd above $2000 they're going to make a lot more profit this year, those profits could probably buy us or at least cover building the mine.

If only we had a crystal ball. Anyone's guess, it could drift down or as news spreads attract new investors pushing the SP up. With the increase in MCAP after flanks, we might attract II's too which would further increase investor confidence.

I'm going to hold until either we sell MT, or if there's no sale until we start mining with Sino Steel contract. Selling MT is the faster path to short term profit, but I don't mind if I have to hold longer term.

I'm always slightly suspicious when someone says they're in for the end game and then want a re-trace to buy a few tenths of a penny cheaper. We've had good price support support with the lowest SP being 3.55p since Jan 9th. Seems a very high risk strategy to wait for it to drop again given where we are waiting for news.

And someone (maybe several people) have been accumulating for about a month now.

If you're in for the end game 3.75p still sounds cheap!

Why are we starting down after all the delayed buys?

I read 3g average depending on size of engine and emission standard. That's $254 at today's prices, so my figure of £250 was too high.

If the cost per car went up £250-300 per car and it was passed on to customer, I doubt many people would be that bothered. If you're spending £20K on a car, the price increase isn't a show stopper and on a lease or PCP it wouldn't be noticeable at all.

Morning Ian,

I read an article that petrol cars will soon come with particulate filters, I can't imagine that will help fuel economy with the extra back pressure...

MM2015, I agree. It could be as simple as agreeing a suitable discount to allow for costs of building the mine at MT. We know this will be less than the $176M Sino Steel contract because they've built in margin and some operating costs in to that figure.

An interesting article, which suggests higher Pd prices are here to stay. The vaults need replenishing and car manufacturers will need more Pd with tightening emissions and less diesel cars being produced.

https://www.sprottmoney.com/Blog/the-magic-palladium-bullet-in-2020.html

Emerging markets like India are joining the equivalent Euro VI compliance this year:

https://en.wikipedia.org/wiki/Bharat_stage_emission_standards

Whether we sell assets or trigger the Sino Steel contract for production in 2021, our future looks very bright and profitable.

GLA

Someone who could afford to Norilsk Nickel several times over, billionaire.

Lamtree, do you bother reading RNS? We have a contract with Sinosteel to install relevant equipment at MT. We don’t have to be an expert in mining equipment.

That’s a bit like saying walkers crisps are doomed because they don’t understand how to install and maintain their automated production line. They contracted a company with the relevant expertise to install their automated production line.

Every post you make is a cryptic comment and deramp. Anyone can see that by your post history.

Lamtree, I haven't invested more than I can afford to lose. Same should apply to anyone who invests in any business, including BT!

Lamtree, we don't respect your opinion.