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They must have seen something very good to make this move, lots of RHODIUM SPRINKLES perhaps, along with extra everything else probably, also the fact they must have seen most the results of the Wardell confirmatory work for the CEO to make this statement which means the JORC must be close to complete and will have to be revealed very soon via RNS, that will put the cat amounst the pidgeons. sp bounces up then warrants excercised then the offer circular.
These moves are spot on by the BOD as they need to act at all times that they can do this by themselves if required so it indeed strengthens there negotiating position. well played BOD
James Nieuwenhuys, CEO and Managing Director commented: "We have decided to advance the Rosgeo JV, as its projects' potential has become more evident during the course of the confirmatory work being done by Wardell Armstrong International in relation to both PGM and battery metals (nickel, copper and cobalt) that are future facing metals in relation to the fast-growing hydrogen and EV markets respectively."
GLA
I bet they got a cracking deal on the max, making them even more able to compete and they are also starting from a much better financial position than all the other airlines that have had a financial nightmare during the last year and a half. Also people cant wait to start traveling more often and that scenario will be even better next year as more restrictions are lifted, its going to be very busy on those routes, looking good here if all goes to plan
GLA
it continues to be the play thing of the big boys, selling then buying during each day or vice versa, even selling and buying in different funds, if there is no licence, JORC or deal news tonight or monday they will continue with this BS every day. nothing we can do apart from hold and suck it up until the BOD deliver the next lot of good news soon enough, eventually it will all come to fruition
GLA
dealer55
i can only think the sp must be like it is due to this RNS being for a small part of the big picture, nobody knows what the next move is from here, could be more info to come very soon or a little while longer, the market cant work it out yet. the good news is this is going to be huge no matter how it all plays out
GLA
Great postsTigra,
website info suggests 1Moz target so 128koz phase one could be year 1 and rising to 1Moz to year 5
Monchetundra
Palladium-rich flagship open pit
mine (Pd, Pt, Cu & Ni)
Initial development focused on fully
licenced and funded, 1.7Mtpa open
pit mine
Palladium dominates in the basket,
1Moz production target with AISC in
1Q of the cost curve
Low cost development model: EPCF
signed with Sinosteel, production
target of 1Moz
15Moz resource in MT license &
Flanks license
RosGeo JV
Kola PGM and Battery Metals –
Rosgeo JV
Eurasia entitled to 75% of nine PGM,
Cu, Ni & Co projects (four post
feasibility study) with 104.6M oz of
Pt eq Russian Code reserves and
resources in total
RosGeo is a 100% state owned
entity and operates with JV partners
in US, UK and globally
JV significantly expands Eurasia’s
Russian Code reserves and
resources adjacent to
Monchetundr
jv indeed has copper nickel and cobalt
GLA
HB, lets just wait and see what happens to the sp as more information comes out, the ACF report and valuation seems a good place to look to see where this is heading
perhaps you should check the EUA ownership page, jeez
It would be a special dividend and they are buying in, why do you think it just went up over 120% in the last 2 weeks.
special dividends on sale of assets can easily be multiples of a share price
Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that our hard work on Kola that started as a joint venture with Anglo American Platinum in 2005 and is finishing as a joint venture with Rosgeo, a much stronger partner for doing business in Russia, is coming to a successful conclusion
With DFS and JORC reserves,
The EPCF contract already signed.
The Board is committed to execute on the strategy as announced on 12 May 2021".
Calm down KOP, dont fret everybody, its temorary, supply problems, global economic slowdown due to covid spikes, but you already know this,
this will turn after cop 26,
to anyone that is concerned dont listen to the doomsayers ,look at the trend over time in this link
https://www.macrotrends.net/2542/palladium-prices-historical-chart-data
after cop26 the global green transition recovery begins, international cooperation, including Russia which has a large part to play, including the supply of all the metals required i would think. wonder what that will do for metal prices, :-)
https://www.gov.uk/government/news/cop26-president-visits-russia-to-set-out-the-benefits-of-a-net-zero-future
I read this yesterday mac,
This is massive news, they aint building this wihout knowing wats coming, HUGE NEWS
15 new monstor locomotives, 10 new railways in different directions, new station, massive security.
WOW
GLA
I rang HL, i said i would like to buy some EUA but i dont want to pay top dollar even tho its nt to buy, the chap said no problem bobby we will gives wins a call for you and they will flash drop it down for you to 30p would that be ok , yes ok i said, ha ha
GLA
Just a thought, if the DFS is comleted within the 2 weeks as informed, would it take a few days after the board receive it to be compiled and then the RNS a few days later or would that happen quickly ?
GLA
newbie try firefox for ios and do the same ad ublock origin if needed
If you get the firefox browser for andriod on play store then add the same extension on that it should work, let me know if it works mate, good luck
Thanks Ian you are very welome, you will be able to focus now on the job at hand :-)
good idea to post that link well played !
everyone should use it really it works very well .
GLA
Get ublock origin extension or add on and you wont have any of these problems
is it just me ? or does this look like they are selling and re buying there own shares to perhaps shake a few loose or nock the price down a penny or two or hold the price level while they accumulate, thats some serious effort to go to just to shake a few shares loose a penny cheaper, greed has no bounds
GLA
myf
I would have to dsagree with your highly unlikely to happen comment and change that to more than likely to happen and there is nothing about any part of the report that is unreasonable to assume, hence why they state it is conservative and that there is likely more upside review very soon. this is what they do and they do it very well and are respected,
have you read all the recent RNS as you seem like you just dont understand all this properly or get what is unfolding here