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Need to say nite.....old age!!!!!
GLA
We could probaly sell the 4 mines from the JV at proved 104Mpl right now, and then take time to prove up the remaining five mines in the JV. Who knows!
But, relying on the smarts on our BOD.....unbelievable!!!!!
Hi Rag
I think MT and flanks will be sold. Hence the Divi.
Think EUA will hold WK and the JV and use placing funds and WK income, to support/develop both right now (not waiting on sale/divi funds).
Think all sale funds minus expenses from sale of MT (and flanks?) will be given as a divi.
Therefore, think we continue with our shares, and divis ad infinitum! How boring!!!!!!
Think only........yahoo!!!!!!!!..........IMHO
JV will be EUA........won't include a third party...IMHO. Not commercial, dont' need, and in any event, think Rosgeo, won't approve. We don't need anyone else!
IMHO
Not sure about that Whitto....been there five times.........and I feel like I gave birth too!
Limped for weeks after each!!!
Hi Whitto
This BOD playing an absulte blinder (Peeky Almost!). There is such a battery of intellect on our BOD, it is mindboggling......unknown on an AIM share.
Stacked against them is the otherwsie pathetic, no mining expereince, failed fourth grade, green boxes.....it has become ridiculous. Ants tryring to influence Golliath!
We need to have continued patience though....and that can be hard. There Tilly /Mac and Ian help.
Hold....reckon, we will have some news by 5 June.....latest!
IMHO
Last two posts...green boxes. Assume I have hit a nerve!
Below paste RNS para which leads me to believe MT is about to be sold, and we continue with WK and JV. (WK is still the dark horse for me........I think this, in time, will be a big Bertha!)
"The Directors are committed to maximising the value for all the shareholders, and we are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders. We are also committed to the concurrent development of the Company in two PGM districts: in the Urals, where we have recently had our DFS and Technical Project approved to expand volumes with 3 plants in production this year (as opposed to 1 plant in previous years); and in the second district of Kola, where we concluded the Rosgeo JV to significantly expand our presence both in PGM and in battery metals segments. The Board has a strong confidence in our opportunity to create a globally significant PGM and battery metals producer that can be achieved through our Rosgeo JV".
Someone asked this AM, how it was the EGM placing authority to raise funds to strengthen our negotiating position, was relevant to the now given reason for the placing. Well the answer, as another poster has partly suggested (One) we are not paralised from continuuing mining in this season, as we now have funds, to continue, preventing the poential buyer from using that circ as a squeeze; and (Two) we are in no hurry to sell; the longer you wait to buy, the greater the risk you run of a third party coming in with a better offe...................... as we are off, mining the JV.
Consider:...........there is no mention of work done/impending/planned on MT.
Go figure!!!!
Anyones guess. This BOD is so hard to read. However, what is clear: They are very smart.....and top of their gamet!!
A bit more patience.
Whole sale not off the cards yet. If whole share capital is bought out, the buyer has £20M in the bank to start straight away.
No one knows, but my own guess is sale of MT.....with div payout. But could be wrong.
What is certain is......something is going on!
Not long to wait!
Agree to an extent.....I think we will keep WK. It's MT that that is being sold. And those sale proceeds will be fenced of for the dividend. IMHO
No idea how, but I got that Spurs.
Please word more carefully!!!!!!
Unbined.
Bots on board....which reinforces the investement case......will keep buying as long as you post.
Midevil Dyson needed!!!!!!!!!!!
Bluekipper12
Green box!
Bye!!!!
For G..d's sake please filter Stork. He's green here, but board clogged with reposnses to him/her.
Filter!
Because....they will participae in the sale uplift of the SP.
Simple.
That's why we were questioning the Special Resolution, which could otherwsie have waited for the AGM. That's why we are thinking something is going on that will not wait for the AGM, where ordinarily, the duplicate resolution will appear.
IMHO the allocation before the next AGM will be to buy out the third party shares in MT and WK and then we have lift off. I think the whole conclusion, will come in one RNS...........guessing.
Produced in Horrsham!!!!! AND
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Green grass wants the last post from last night and the first this AM. All I need chaps(eses) to confirm and augment my investment. Thanks so much! Appreciated!
Lots of green boxes. Solidifies investment case.