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I tied a buy earlier. NT. still not gone through. Looks like there’s a bit of positive sentiment. Maybe good news later this week.:-)

Well my order to buy went through at 17.70. Happy with that. Bargain basement day. :-)

Not seen any Sun in the depths of South Yorkshire for a week or so but Tyndrum has been scorching. Let’s hope it’s from the heat of many kilos of gold being written into and rns for this week. :-)

Bamps, ignore the idiots. We rely on you, magic , bottle and a few others for geo factual info that people like myself would never understand. Keep it up cos you are bugging the life out of the naysayers. I’m a proper nervous Nellie when it comes to investing but I read all your posts and even I can see where this is heading. :-)

The picture gives scale ,however, that’s now. Give it a year and see how it will have changed. :-)

Morning all. Just catching up. My thoughts ( for what they are worth?) If the shares were sells someone will buy at whatever price we rerate to. If they were buys where did they come from? I’m with Gallini. It’s a movement of shares. Either way ,buys or sells, I would be more concerned who got the nod if it wasn’t a movement because that volume is not a daily occurrence for this share.

…..a place where no one would want to spend a day!

Ignore me Mac. It’s just what goes round in my head……a day where no one would want to spend a day.:-)

Just a quick point though Mac, Norilsk are producing. Are they not Russian? The world is changing. The Russian govt will do whats right for them. I’ll be here till the end as I want my money but we have to be open to absolutely everything that can POSSIBLY happen. I have to admit it’s extremely unlikley but you should admit that it is possible.

Well let’s hope Russia don’t decide to keep it now in true communist fashion. :-(

GAZALA69, my “guess” is about 3 months to put all the information from drill cores and assays together into a jorc document. However, we don’t know how far along they are or how much detail they have to trawl through. Labour intensive and needs to be deathly accurate as billions of dollars are dependant on it. Oooh, billions, I love those numbers.:-)

PIface, that possible. Went out for a meal with a mate last night. They think 2/3 will be sold now for cash and then others assayed and then sold. He thinks these sales after proving will go on every 18 months or so and we keep the shares. An opinion only but another option. So many possibilities. All profitable.:-)

I’ll pop my thoughts in before the day gets hectic. The board had an offer for substantially most of what we have. They are progressing jorc with a specialist company. The further sites progress with drills,, assays and jorcs, the greater the value. The purchaser will want the jorc before they cough the cash. Seems fairly simple. The only stumbling block I can see is if they find nugget rich ground which is TOO valuable to sell ( like the example from twitter this week) and Dmitry tells the buyer to either try harder or go away. Sometimes, and only sometimes, you find rich ground which you would have to be dumb, daft or just plain too thick to sell. Just my thoughts.

Glad I don’t pay for it.:-(

Where have the trades disappeared to?

Done it a few times trying to be clever. Won some lost some. Never really worked for me. Overall I was down. I prefer to buy and leave well alone…….However, I’m in one and I watch it hourly and am sorely tempted due to it’s rollercoaster nature…:-)

My guess is they are looking at at least a 3 way split due to the volume of pgms and the affordability of such a vast amount. I think it’s the dividing of assets that’s slowing the deal.
In my mind when we were suspended I shut it out and just said if it sells it will be the biggest deal ever and if it doesn’t then suck it up and move on. I’m more confident now than I was back then. Only one thing to do for me now, stop looking and let them crack on. I’m sure they’ll make a better deal than I could.

Sas, As I was reading your post the radio was playing and Paul Simon was on singing slip sliding away. Not often I laugh out loud early in a morning but it caught me out. See how we fair today. We’re another 24 hours nearer the ore body so derisked a little more.

I’ve been trawling back through the meaningful rns updates of the last year. One thing struck me when comparing the sp with dates. May be nothing but the proper decline in the sp didn’t really kick in at any sort of rate until the mystery American buyer took 20 mill. At 26p. Could they be shorting the stock and selling down to drive the sp down? Just a thought.

Need better binos! However, the heat exchangers at the side of the tanks are enormous. I’ll get to find out. Nosey to extreme!