George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Mac I invite you to research more into EUA and other fields. You will also find certain YouTube videos far more factual than Wikipedia, who are corrupt and have on numerous occasions manipulated data to suit their donors agendas.
Moreover, please do research to your figures of 98% and where they came from, and you’d be surprised at who created that figure and what basis.
Btw does anyone know what happens to this board if EUA are completely bought out? Will the board cease to exist
I strongly agree headancer.
The offer hasn’t been dropped yet as the SP is too low. There are still multiple rns’ due and as sentiment grows, so will the SP.
5 is the magic number here so once we break that I think strong hints and 15moz annoucements could rocket us 50% to 7-8p
Then offers from 12-15-18-20+
Only once the huge offer comes in, will there be a likely higher offer placed.
As you say, they are NOT going to give this away cheap: it’s like us buying for 2p and selling for 2.5p
And in a year it’s 20p? In the jnterview Dmitry mentioned the asset sale of 200m and got flipped for 700m “they did the right thing”
So he’s not gonna go below $700m
AND WHAT ARE THESE POP UP VIRUSES ON THIS WEBSITE!!! ANNOYING!!?
Jadds slightly unfair to suggest sxx has a lack of research - they've posted amazing and informative posts which have also boosted (my own) morale during the hard times. I have even shared some of them online, as they as so good. and also met with lots of positivity (thanks sxx!) we're on the same team here! Almost done with my RNS and website/diagram compilation.
Hope all your Friday's are going well
Hi Kalan. Or should I call you Rob. Or Gary.
I don’t know .. they’re all rubbishinvestors in my eyes
OK then jadam fair enough... but I dont understand how you do a 180 over night, then come back when you ARENT invested sprouting discord?
what about your previous post i refer to.. do you not think any of your points were valid? you estimated MC to be over 20p.. so even if a sale didnt fall through.. how on earth do you think the SP at anything under 3 is "fair"..
so the very argument about warrants is moot.. not everyone is in it to trade, and almost everyone here is in for the long run.
Kalan and JAdam I'd hate to make false accusations but you're both neither invested, and come out the woodworks when the SP is down. Seems to me like you either want in again, or you're part of the co-ordinated shorting gang.
so please do us a favour and leave us be. We don't need your input about "warrants" (yes, the whole thing including the banks is a BIG EFFORT to get warrants out the way, forget the palladium and the situation we are in),
And if you are not part of the organised shorting gang, along with gary nickel rob and the other haters who ALWAYS post at the same time (but funnily enough rotate accounts) then.. why do you still post?
Now you can report me all you want, but at the end of the day, if "warrants" are your argument, plenty of useful replies have answered your questions.. so kindly remove yourself from the bb
Kalan - question 1) are you invested.. or not?
Kalan - question 2) why do you always post when the SP is down, and not when it's booming?
joey here - I seem to have had my account suspended for calling JAdam out<
Jadam - you sold here a few days ago.. but I tried to refer to your mondays post about being super excited about a bidding war.
But this one was my favourite!:
Adam
Posted in: EUA
Posts: 1,12Price: 2.40
Strong Buy
A reminder01 Nov 2019 15:03
- Scaling to 140,000 oz per year
- Very bottom of the cost curve - the largest alluvial pgm mine in the world, similar to open pit - no blasting just excavate
- each basket of metals is high grade 50% palladium, other metals are rodium platinum and iridium and copper nickel
- will be producing $200 million USD per year income
- 100% financed
- production permit now signed until 2038
https://www.eurasiamining.co.uk/investors/media-news/240-Eurasia%20Mining%20-%20121%20Conference%20Highlights-2019-06-05T07-00-00.000Z%20
Impala paid £500 million for a tad under 2million ounces - FACT.
The company is telling us they have a guaranteed 2Moz - FACT
So a conservative figure, for just the 2Moz gives us £500M, I say conservative as we have a little over 2Moz and we have a large reserve also of rodium valued at $5000oz. So our current our current MKT Cap is £64M, thus 500/64 = 7.8 x current sp of 2.5p gives 19.5p now thats at the conservative end.
Next we have the $50 million to come so add another 2p to the kitty for a special dividend, thus thats 21.5p and then lets look at the juicy pot.
What if they prove up only 15% of the additional 13Moz, then thats another 2Moz so add another 19.5p.
So 15% of the 13Moz adds another 20p ish thus we are definatley in my mind on for anywhere in the range of 21p - 41p.
However you look at it, unless you believe the whole thing is a scam, then at 2.5p we are being valued at between 6% for only 2Moz to 12% of our asset total value which only includes 15% of the additional 13Moz.
If the wildest figures were to include the whole 15Moz then I'll be a multi millionaire and so would a few others, assuming you didn't sell for 3p lol
And then you also mentioned how its funny all the haters come out the woodworks when the SP starts crashing LOL, ironic, right.
so are you in or out? are you invested or deramping? Or are you our savior to warn us against being conned.. because we already have our friends GaryN and Nickel for that, thanks!