Member Info for Billions

So much nonsense being posted, getting excited over nothing as usual... the only thing guaranteed is that some one will be selling into this.

Last month mac was hyper ventilating about Cypriot entities being wound up and imminent but amounted to nothing but a routine company filing.

How does in anyway this new appointment confirm MT is sold. Let's hear the logic mac.

If anything the new appointment suggests that MT will be mined.

It's just ridiculous to think that no details of any potential deal can be discussed or disclosed but a director from a buyer can be appointed.

Like alan sugar says, you can sell £20 notes for £5 all day long!!. According to casa £50 notes are on sale for £5..... but still no takers. Why?

From memory, in 2014 the anglo jv had an option to purchase the c1/c2 reserves for $5 per oz. If you adjust this for metal prices its now between $50-100 per oz and that's being generous.

The 40m the bod referred to possibly at MT is now in the rosgeon jv areas not on top. The rosgeo JV has no value until its paid for and more details are published by the bod. Not crack pots with Google and a broken calculator.

It may well be macca (who is a twa t btw)... but it shouldn't matter..... if he is not stating facts or misleading challenge him if you can. But the problem is one opinion is as valid as the another. The happy clappers like to pass opinions as facts though or post irrelevant facts. Hmmm.

CR.... this BB is a mix between a dictatorship and a cult. Alternative views are not tolerated and abuse is rife.

A few loons think they know it all eventhough they have been consistently wrong and constantly embarrassed for over a year. A democracy it is not.

In between the pirate twaddle, copy and pasting rubbish and childish guessing games anything else is very welcome imo.

"Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence."

At least the bod is trying to get the sp moving. Doesn't mention much on the sale. Could this be expectation management?

Logically it is easier to ramp than deramp. Mines is only another theory like the deramper and MM theories that some like to peddle. No evidence to support anything.

But what would you call posts on Fri morning saying "25% today"?

Stej. I went through precious rns recently to see if there is any pattern promises and deliverables. Suggest everyone to do the same.

1. Approach and negotiations for mt go as far back as 2015. Same narrative of discussions, unable to disclose, nda etc and after a couple of updates it goes quite.

2. They were also in negotiations for royalty financing at one point. Failed to secure.

3. Off take discussion were happening with glencore, commodity houses and parties they can't disclose. This went quite without any conclusion.

4. Sino steel deal, they mentioned "meeting other requirements" once, never touched on this again.

They were a few other similar bits and pieces. They never satisfactorily follow things through to conclusion imo.

The questions no one has been able to answer is WHY MM would suppress the price, why the BOD are not bothered, why only RI have sussed it and II holding 100s millions don't care.

Imo there are unscrupulous characters on this BB, Twitter and telegram that are being paid to ramp this up. In the mean time they off load on any rise. They fuel the conspiracies and perpetuate the message that the market is rigged and the share price should be at multiples of current level. But in reality there is no buying pressure and the bod have a habit of failing on negotiations.

Great contribution StB. Inflation, covid disruption and dollar weakness has contributed to the price increase. Not scarcity or demand.

Bumble was claiming that fuel cells use 10x more pgms than ice cars. This is a lie that is regularly posted here. The facts quite the opposite.

Bumble, I know you believe you are an expert in hydrogen. Couldn't be bothered to argue after the England results. But some reading for you. New gen fuel cells use significant less platinum. Less than diesel catalytic converters. There are efforts to reduce this further or go without platinum. The myths perpetuated here are just fake news unfortunately.

https://www.autoblog.com/2019/05/13/hydrogen-fuel-cell-platinum-reduction/?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAACTWNsWf8uORDxYbDYFsfbVujOXxkGMhraMryoiZWtkasWaLA7OHiltV-HtXu-rOZ4J4R9oJmmo4DCeGn-GwWA2Wgmal39ImPvn3KPqeLv91R1XtUr2Pz0MaSrRNjE8aK3r2nQPh6mdajftIowUzavfU4XHC08hkR_kO4qu-8Yfn

https://www.miningweekly.com/article/daimler-slashes-platinum-needed-by-new-fuel-cell-mercedes-car-2017-07-12/rep_id:3650

https://phys.org/news/2020-05-platinum-free-catalysts-cheaper-hydrogen-fuel.html

LG. Educating the fools and correcting the misinformed is a full time job. Which one are you?

Bumble, hydrogen tech at present is non commercial or niche. But let's assume it takes off, it won't be new demand it will just replace catalysts from diesel or petrol engines.

Palladium is probably the least critical metal to the green revolution.... only really considered so on this BB:

Copper, nickel, zinc and aluminium are the main "green metals".

https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions/mineral-requirements-for-clean-energy-transitions.

If a paid for valuation from ACF came up with a $2bn valuation. All based on management information without due diligence and challenge. Not sure how stating 5bn minimum is sane.

Because company acquisition is subject to takeover panel disclosures. To keep shareholders informed and protected. They also require a put up or shut up deadline.

An asset sale bypasses this like the FSP.

350m pa ave ebitda.
Over 2bn free cash flow over 5 years
Non cyclical.
7bn freehold property.

This is a guaranteed cash earner. Eua is a promise and much higher risk.

With the property the deal seems cheap. But as dawson say they have had multiple bids from different parties in a transparent process over a few months.

Completely unsubstantiated nonsense and artificial time line to pump this again.

The fact is that the last RNS mentioned that the approach was an expression of interest. This is one of the 1st stages in the process. Expect a significant wait.

Yes, Perovskite will bring he promised riches, a mineral that the bod has not mentioned or is any reserves. The ramping is just nonsense now. Maybe kola will be the only place anti-matter can be dug up as well. Comical.

The market is extremely sceptical on eua and battery metals, which is not surprising given pgms can't even be profitably mined at present.