We would love to hear your thoughts about our site and services, please take our survey here.
Cheers Andy, I was not aware they were on the website. Thanks for clearing that up.
Twiggy.. I'm pretty sure they could, if information is in the public and the board haven't made a statement or officially published the figures themselves, they could be suspended until they have. But thanks for your input..
Could this be less dramatic than we believe, could this just be a case of the board haven't confirmed or denied speculation of WK figures released on twitter by Richard Dugale a little while ago?
They typically make a statement regarding these things don't they and I'm wondering if this could be the reason?
Onassis can you stop waffling on with your meaningless predictions, weren't you telling everyone to hold onto golden tickets at 35p, "don't let them go cheap!". You, like everyone else, have no idea what's going on, stop pretending like you do, please.
We can only assume the sale is still on, if talks had broke down because of the events then this is price sentitive information and the board would have to release that. These are high level people with reputations on the line, top in respective fields, they would be forced to release this info.
So until we are told otherwise, we remain on track as far as I am concerned. I'm not trying to convince anyone to hold, do as you please with your funds and all the best either way but I am going to see this out. I just wish I hadn't used my last top up cash at 18p the other day post RNS, could have got double for money today.
Thoughts are with the real victims.
With any luck Rowka is still driving around lost trying to find MT and puts a stop to all this, after all he is special forces..
In all seriousness this is not good and I pray for the people of Ukraine. Forget the impact on us for a minute.
Yeah mate, just call up your broker and tell him you want your divi. It's £3 per share, only problem is you need to be able to prove your love for Dmitry at the time of the call. So he may want to facetime you and see a picture of him above your bed or something. That was my experience anyway.
Atb
PJT, don't focus too much on what's normal, nothing about this whole process has been that of a typical M&A process.
We can't assume JORC is known, we just go off RNS. To our knowledge JORC is still awaited and due diligence for all available information known has been done.
Dealer they can't RNS info they don't have yet! It's really not that difficult to understand. Shortly doesn't mean tomorrow. When they stated the detailed mining plan for MT would be 2 weeks it was exactly 2 weeks. Shortly was always going to be over that mark or they would have specified like they did then! It's out of the bods hands.
When they have the JORC they will tell us, are you following? I don't understand why you come on here crying about how bad the bod have done with this and that it stinks and not sell?
Get a grip.
Of course it is going to ongoing for a while longer while they finish proving up the areas. To me all the FSP and non binding offers as of Jan are all scrap. That was based off Mt with only PFS and no ownership of Nyud. Once we have license transfer and potentially a resource upgrade from the 104moz pt equiv we know about with the JORC coming soon, add in detailed mining plan for MT, Flanks and Nyud and this is a completely different beast we are selling!
We have more interested parties because effectively we have started again but that is a good thing because we aren't letting go cheap!
My only concern is, if the JORC is already known as people assume and if it is going to be a catalyst for the SP. Then why didn't we wait a week or so to raise at a higher amount rather than dilute at 26p when say a week or two later we could have raised the same amount of cash at say, 35p or 40p after Jorc?
It doesn't make sense for all those things to be so straight forward to me
Hi Ian
While I would much prefer to be upfront about the reason, if you EUA holders are sceptical, can you imagine the bank..
For me it makes sense, I was more concerned around the legal side of things. I appreciate your response.
Cheers
While I appreciate concern. With all due respect, I would prefer if you don't push you own insecurities on me.
I am very sure of myself, no chance of turning into a gambler or suicidal for that matter. I would never expose myself to such situations. There is no question on affordability or lifestyle change as a consequence.
Rich I do understand your point and respect you taking the time. But for me there isn't an 80% chance the investment will fail. If I pay a loan term of 5 years (for example), I would say its the 80% in my favour that eua if not sold will be valued at more than where we are now.
Bad drills do happen but here I don't feel that is the case and have considered it.
It's all relative to the person but please do not push your insecurities on me, I am a big boy now and am not asking for financial advice it was more legal advice on where I would stand.
GLA
I have no idea why anyone thinks a loan would effect a roof over my head. If that is the reality of your cashflow per month then I would avoid it too.
For me it wouldn't change anything as far as lifestyle goes, just a little I wouldn't be able to invest somewhere else!
Thanks for your concern.
Bumble that is because as you have just stated, the average man is taking debt to buy a liabilities, things that don't put money in your pocket!
To the "average man" debt is feared because that's what we have been taught, work hard, get a good job, save up your money and invest once debts are paid.
Meanwhile the rich are borrowing money to buy assets all the time! I understand EUA is risky. But please don't try and tell me debt is your enemy. Liability debt is.
Don't borrow money to invest full stop? Who told you that?
The rich get rich by borrowing money to buy assets. There are many ways of doing things but I can guarantee you anyone who is truly rich from investing has borrowed money to do so in one form or another.