Member Info for ceejay1awest

40mn oz is what they have in the ground. X that by the current price and you equate £63 bn!!

Just out of curiosity, how are you arriving at 81p?

LLo15, 15moz is without the additional 25?!

let's keep sng talk on the sng board I think????

BTW, this is omitting gold, copper, nickel & rhodium!!

when everything is licensed, 40mln oz x a Conservative $2000 per oz...... well , again, ill let you do the maths

I don't understand your calculations??

Calculations don't lie, traders and mm can manipulate the current price granted. BUT!! If you realise what is in the ground, there is no argument!

Mr ninja, £63bn is the price before discount/extraction & bank costs. I have halved that for sale costs which is £30bn

Exactly, if it jumps back to $2800 per oz. You are looking at crazy gains!

Well Rolaw, our mutual friend Dimitri is certainly smarter than me, so we don't have any worries re - negotiations. Look back to the proac interview.... even then, he knows what is going to happen to this. Its just a matter of when.

I am only crunching the numbers they are giving us, I am not shooting in the dark! Do the sums, its the easiest way!!

Its the former!

£30 bn (approx sale price) divide that by 2.8bn shares and see what you get. We have 40mln oz in the ground. Numbers and mathematics don't lie!

My calculations surpass that figure by miles!

At today's low end palladium price, the potential 40 million oz is worth $80 bn (£63 bn). You take extraction costs, discounts & bank fees out of that, you are looking at approx £30 bn sale price! Who's to even say the bod will agree for the current prices, when everyone knows it will rocket again?!

Who buys 29 shares?!

bobrad,

You are a complete t#*t

All faithful investors will be rewarded handsomely. This kind of deal comes along once in a lifetime and will change all of our lives! Sit back and wait for the jackpot to drop!

Ps.... as we Scots say...... nae luck shorters??

Probably nearer the £7 mark Sampson!