Member Info for Avizandum1

Mac...have you got a guestimate of in ground value per OZ of PT at MT?

So many posters saying I have my decimal in the wrong place, I submit to your collective knowledge.

The prob is MAC, EUA have not updated its website as to known resource and potential. We have. as shareholders, no idea what we are selling. And that's the bottom line. (for me anyway)

Correct me if I am wriong. Proved 15Moz PT Eq in ground.....but much more we all think.
15Moz at $200 per oz in ground=$30B. (Could be $300 per OZ now and open pit) Anyway, convert to pounds=£23B Divide by number of share.s....2.7B=+£8.54p per share.
Thats what we know about!!!!!
Open to correction.

Lots of thoughts. It's the unintended humour that keeps me going! GL

I filtered him yesterday because of his attitude towards others, including me.

Take it none of you guys can "bed and ISA"?

Think we have a decimal point problem:
1. Rowka of old, £3.50 per share;
2. Hoocky of late, £35 per share; and
3. Pubsshut as at now, £350 per share (6.27 this AM).
Thoughts on a postcard?

I calc £1.,80-£2.20 on what info we know. Prob is, EUA have not disclosed what resources its has.......we are left guessing...........so Hoochy could be right! (who knows?)

I do this for a liviing!

A binding offer, may be binding on the bidder. However, EUA will have to take a vote, so therefore it may be binding, but suspended by the future vote. Therefore, a binding offer is binding upon the purchaser, but for the seller, it is suspended pending a vote. Therefore the gate remains open for a counter.

I'm with you CAW1 as to what I see transpiring.

NN macp 50B.............could by EUA with change from its pockets.

Q: What's brown and sits in the corner?
A: A naughty chocolate button!
Nite!

Sad Tilly, but potentially true. Chuckle!

By your reckoning of 15M oz at $200 per OZ in the ground (though I disagree), multiply, take off 20% for Sinosteel, and divide by 1.3 to convert from dollar to pounds. Just take a minute.....work it out. DYOR

Don't agree. Sometimes, because of the way we have been conditioned, we think small, sometimes very small. I think you may be in for a big, but very welcome shock. DYOR

The preferred bidder will be NN. All Russian, and characters know each other. NN have had a horrendous 6 months, for which I have great sympathy (as will SC) and I think SC will give them a good deal. The numbers here are so silly, it won't matter to DS......or us. He and Russian Gov and NN will be happy the resource returns to Russian control......so I await a deal that gives NN some stability and longer term recovery, and we ,what we need right now, to move on.

Its not going to be £70 per share Ceejay. It will be beyond current expectation, but you're way too bullish by about X5.
Aviz

Agree Evan
Agree with what you say. Lets say 40M PGM eq; at industry standard of $200 (dollars mind) in the ground. Factor in 20% owned by Sinosteel (I think). Factor in open pit mining and then work back to pounds. Come to your own conclusion.
If first recommended bid is not NN, I will be holding for its counter bid.