Member Info for Brookkers

Evening everyone
I am invested here and also in BMN following the vanadium redox potential.
Does anyone have a view on how this 'new' iron redox technology compares ..? Link to article below for info.

https://www.pv-magazine.com/2020/07/22/new-all-iron-redox-flox-battery-for-renewables-storage/

Hi Shed - yes it would be some punishment but I don't think they will end up paying anything like that amount. They are disputing the extent of the damage and presumably will make much of what they have spent already on clean-up costs.

The wider point I was trying to make is that as the dominant player NN can't just let this opportunity go by - what would Mr Putin say?! I don't think funds are a problem as they recently pulled out of their Arctic project and sold their stake in a project in Australia ....

Shed - NN are on the naughty step, nothing more imo. If they don't get their act together and acquire EUA they will be in real trouble with Mr. P ...

Mac - agree with all that. In fact I don't think NN have any choice but to go for it ...

James - it's the Sunday night trader cabaret - they hope to shake confidence before Monday opening I suppose

Nice one Traft

Guess you meant *shift* ? :-)

JR - will you be able to stop typing while you are asleep ?

As I understand it, if anyone had really made an offer there would have been an announcement.

The Takeover Code says in Section D2:
"An announcement is required:
a) when a firm intention to make an offer is notified to the board of the offeree company [i.e.EUA] by or on behalf of an offeror, irrespective of the attitude of the board to the offer"

Thanks Alta - good luck to you too.

It's fun to speculate where the top end might be but I think it's more important to know where the floor is!

Alta
I did a similar calc for MT using conservative assumptions (I think) and I got 74pps
I assumed $1500 value (for 2:1 Pd:Pt), 10% value for the 15Moz + 2.5% value for a further 25Moz, factoring by 80% for ownership and allowing 10% for bank fees etc.
Same ballpark ...

I cannot see any reason why the company would not announce the flanks license as soon as it is formally issued ...

Probably ok with the balaclava but I would leave the shotgun at home ...

Does anyone seriously imagine any professional investor is reading clickbait articles to get their financial advice

I see there is a trade at 15.26 Sell 300,000 @ 14.00 ... looks like a stop loss being taken out ... is that what the dip was all about ?

You can think of the stock market as a voting machine (in the short run) - the actions of buyers, sellers and holders will determine where the price goes ...

MONCHETUNDRA
The other 20% of Monchetundra was owned by Luncroft Holdings Ltd. The 20% share was transferred to Luncroft in 2014 in return for their assistance bringing in another investor (see RNS of 14th Oct 2014). Luncroft was an existing shareholder in Eurasia since 2008.
However, not clear who owns the shares now as Luncroft went into voluntary liquidation in 2018. The liquidator was Russian so it was presumably owned by a Russian investor ...

WEST KYTLIM
Eurasia originally had 75% of WK with the other 25% owned by a Russian mining company Yuzhno-Zaorsky Priisk. Eurasia sold 7% of WK to their existing shareholder Alexei Churakov in 2018 leaving them with 68%.

In your dreams bobrad
(Couldn't resist it)

Also a blank slot for 7 Jul on the website home page under LATEST NEWS ...

Note it is 'voluntary' - I suspect the actual fine paid will be much lower, once NN have been sufficiently admonished IMO