The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
TdT noise now filtered
Yep mine was right after calling a blatant deramper out twice. next thing I know, my log in doesn't work.
It must mean this is big lol
whoo hoo
LOL Undersight!
What happened? Did they remove access to your account? It happened to my previous account. For no reason
lse up to old tricks again? certain person(s) with multiple accounts may have reported him. maybe lse think he broke a rule. I dont know why the better posts are being suspiciously removed and the deramping ones always remain.
Hey.. Where are oversights posts gone? Have they been removed?
Snowman, whilst I agree with the rich deposits we have in the ground and as much as I would like to see a £3bn sale I just don't think it would be likely. We have a way to go in terms of extraction, and we should compare it to other projects and what they were sold for. It is possible (and I really REALLY hope we can see for 3 billion!).
"fag pack calc" $1800/oz Pd , for 15moz means $27bn worth in the ground. Not taking into account costs etc. (Also fair to add, not taking into account sale of the other metals in the basket). $27bn = £20 billion
As it's in the ground, being generous and selling at 10% of the ground value means £2 billion
And at a more conservative 5% that is a £1 billion sale.
(That is 27.5p - 55p for a £1-2bn sale).
I use 15-20p as a base as to not get my hopes too high, and have previously (still do) thought this will go for around 30p or approx £1.1bn asset sale. But £725m+ would still be phenomenal.
[A £3bn will be approximately 82.5p (25 bag from current sp). Doable, IMO unlikely]
Just a heads up we have 80% so that must be factored in
and the division by 2,600,000,000 should be closer to 2,900,000,000 shares in issue (inc options etc) - credit to sxx for correcting me on that in the past.
so 0.8x the sale price, and 2.9 bn shares
btw. this is not including banks success fee (not sure what it would be. £15-20m maybe. or a Percentage cut, 1-5%?).
So a £1bn sale, I make to be around 27.5p/share
900m - 24.8p
700m - 19.3p
500m - 13.8p
You’re right! Mac has posted solid material.
Come on guys let’s be excited. We tried to keep our expectations low by thinking a sale might not happen so soon but there are subtle clues and key bits of information we can’t ignore. Could happen sooner than we think!
Tomorrow and next week should be good. Even thinking of an asset sale of $700m.. makes you wonder if the Chinese would think it’s worth $0.7bn for a loadddd of palladium?
Then would Russia allow EUA to be sold to China for this bid, or more likely outbid the Chinese so EUA get a fair amount for what they have. $1bn, $2?
Time will tell. Even if there isn’t an asset sale, the palladium demand won’t change drastically in the near future that’s for sure
I mean office manager- not you amers sorry
Amers irrespective of what kind of things Kalan was posting - he didn’t accuse him of having a mental illness
1. Why a normal MCap mining company go from 50 mill to billions potential in two weeks ?
They are selling a fraction of what they have in the ground. They have it, they cannot mine it yet
Did no one see the potential before that after 10 years ?
I am sure people saw potential here. They first have to drill and prove in numerous places. And in the area- quote from s dmitry interview:
“Kola peninsula there have been a number of exploration taken place. So It's not only us - it's ANGLO AMERICAN that has been doing extensive exploration programme within a big chunk of land, which WE ARE GRADUALLY GOING TO APPLY FOR. Also, there have been [Norilsk Nickel], as I mentioned, doing exploration. Then the [Barrick] doing the exploration, again, on a big licence. A palladium licence. And some other players.”
2. Why if it’s so obvious what’s happening has the sp stalled and so many sellers they must be mad ?
Traders, shorts, mm’s who knows why they sell. And depending on where you look, then buy/sell ratio is incorrect. Besides, as someone mentioned other people’s decisions shouldn’t cloud your own judgement. I am sure you agree.
3. Exercise warrant quick is this because of a deal or because they need money ?
I find it odd that they would opt for warrant money as opposed to Sinosteels $ if this was because they wanted to get their hands on some cash. Which, we do not need (Regardless of warrants). And explanations like “helps in tactical negotiations” would make sense if you’re following the story.
4. Haven’t been doing so well untill this hype ? Is this hype ?
Every company has its story. The flank application and interest from banks came recently, and of course there is hype. Big product and hopefully big reserves. I believe they’ve done 200m drills so not deep. They can mine even deeper to tap for more resources.
5. You can join the dots an any share if you look hard enough
_________
6. No proof of what grades are there just numbers ? Look at other mining companies they show proper grade quality per Ton ect ? Eua have never done that ?
There have been figures released, whilst we may not know more, I’m sure dd checks , multiple site visits to etc and drill samples or grades - we won’t know what the bod does. But with the information we have been given, even taking 2moz of palladium makes this a remarkable play. It’s the potential bonus that makes you want to keep your eye on this.
7. ..a lot better prospects on aim just now with proven fundamentals? Fundamental here are hear say by the bod no proof of grades ect because if they falsely that there in big trouble ! I can say I have (Pd) in my back garden or I have warrents I won’t sell ? If I do grades from drills ect and lie im in trouble !!!
Well this questions almost implies a large scale fraud. To me that is far fetched- & Pd in a ground known to be rich in Pd, with an NN refinery next to it is more plausible
Why so many sellers if it’s going to multibag x10?
Yo
Having scrolled down, it makes a lot more sense lol. Thought I’d had too many puffs of the ol pipe there
Huh!?
Nah can’t be Roman.
Why get the milk when you can buy the cow?
Lb is there a way where I can get in touch with you about something. Would you be able to either email trivuk@gmail dot com or DM me @trivchannel as we have a group that discusses EUA in far more detail. Would love your input in this.
Can’t post more information here because of obvious reasons
Yes LB! Phoned n said we were expecting end of last week or this week, could we be expecting this week.
To which the rep said they’re still working on it. And yes hopefully. I really didn’t want to put them under any pressure by asking questions they can’t tell us the answer to.
So I can only conclude it’s moving along and near finalising the update.
But the question is- will they drop the WK update, along with the offer update? Could this mean what they mean by Hopefully soon, and We are working on it?
With key events next week, it’s hard not to get overly excited as the prospect that our pre-Xmas wishes are very likely to come true.
As always, strong hold. If you can spare the change then worth a top up. The wheels are moving on this one..
Update: they are still working on WK update.
“Yeah, Hopefully soon” when asked will we be hearing further info this week.
Also, don’t think the outstanding warrants are of much significance. This is good news. Things are taking place at an above acceptable pace.
Looking forward to tomorrow and next Wednesday!
I think less than 10 days trading. Nov 27? Wooo
my mrs fill and kill at 2.85 didnt go through so i got 3.07 and went for it.
just do it. it probably wont go much below 3 now - so 2% isnt much when we're up 1000%
After that last RNS. think this weekend is going to be good.
can we start putting things on the credit card.. could be loaded by next months statement date ;)