Member Info for Billions

The constant conspiracy theories are making this BB look like a lunatic asylum.

Supply and demand control the sp not the illuminati MM.

In reality, the rises are being sold into. Without a beats all expectations sale RNS the non stop ramping will do little for the sp.

Mac. Apply this calc to the 304moz sibyane has. Soon breaks down though.

Understood. Hard to fully estimate based on what we currently know. I think the figures for comparison for stillwater are 27moz reserves and 87moz resources. Taken from the latest reserve statement.

Red panda. So th 60moz. How is this split between measured indicated and inferred compared to Sibyane.

My prediction was that it would be great to break and hold. May touch 35.

Pretty spot in so far.

Stinking of desperation, immaturity and lies.

A truly nasty individual.

Yes. Conspiracy theories are the reason why all the predictions over the weekend have proven to be nonsense.

Makes the usual suspects looks like desperate clowns.

Its positive, yes. Slight correction though, the cost is over the period of development, that's usually pre commercial mining.

Aubrey agree. The spike was sold into heavily. Even now there is no buy pressure.

No one is to be trusted on these BBs. But the insane rampers leave no room for proper discussion or views. Their one track views just make a mockery of eua.

I said it on Fri. This was not a pile in now with everything RNS. It's just an option atm and was very light on proper detail.

This will only rerate once they exercise the option to the additional assets, the cost and resource classification is made clear.

Only 2 FSPs left of takeover panel website.

Gfinity started FSP on 9/10 and concluded today. Without a sale.

They did however get some additional contracts out of the process.

Hopefully renishaw and eua end up with an offer.

Would be great to break 30 and hold. Could settle around 35. Expect some resistance though

In interest of a balanced view.

Currently 30p sp with 40moz.

Right to add 80moz via jv. Let's assume zero cost. That's another 60p.

So 90p theoretically possible. However, this changes if we do have to pay the auction value of licence, let's be honest nobody knows what this is with the info to hand.

For each billion take 30p off the theoretical 90p price. Fag packet and very crude caveat.

This is a great position to be in. The extra noise on this BB is just people peddling their own agendas.

Its farcical to talk of a full sale inc additional asset for which we have not been made an equity contribution.

Lmao. This is a newly created jv agreement only, it's not a house that you flip on in a few months.

Sale of mt will finance the jv. Wk will be spending money.

If that was the case caw. They would have exercised the option instead of spending 8m on due diligence.

Russian mining law changed recently. I think this depends on the assets in the ground now. This is not a speculative exploration licence which needs to be extensively drilled from the sound if it.

Ferg. Period of development not commercial mining

CAW. Rns states that it's the auction value. This is not an exploration licence for which notional fees are paid.

Oldspur. Not enough info available. But would speculate 3-5bn ish

Where does the pay as you mine idea come from?

Nonsense. Get a tinfoil hat. There is no conspiracy. That's all I see here, MM conspiracy, Morningstar conspiracy, deramping conspiracy.

But it's ok to bang on about fictional takeout prices.

No one wants to discuss cost for the earnout. That's the reason for this thread.

Ferg, m135 why don't you give an opinion of what it would cost eua to exercise the option to the 104moz.

No one else has.

Guerilla, I have stated before that sell Mt to finance the earnout. Keep wk for income. Could all be kept with debt issued to become a major player.

How is rinse and repeat negative. That's what explorers do.

All it was saying they have the chance to do this all over again with the new assets but now with a track record of exit.