RE: Morning all26 Feb 2021 05:59
Let’s see what today brings, a close above 30p would be fantastic, may see a bit of Friday FOMO for the first time in a while after a decent week of climbing back in the right direction. PGM prices sitting higher now than when the sp briefly grazed the mid 40’s in November, in which a few Chartists were saying 55p was the target at the time. Not sure how applicable charts are considering Eurasia’s situation but would be happy to sit around 55p when the sales news drops.
For this to go on for 18 months now the final sales price has to be sufficient for all involved to be rewarded accordingly. When the likes of UBS, CITIC & DLA Piper are involves we know their bills are going to be significant but so is their advice. The BoD obviously believed their rates were justified in order to maximise shareholder value. Always said I’d be happy with 50p+ but realistically can’t see this going for anything less than £1 a share and even then I’d feel a little short changed. However after investing so much time in this share (I appreciate not as much as some) I’m ready to get paid and move on.
I see hairy ring piece is still adding nothing of value or EUA related, just here commenting on what other people have said. The markets being closed at weekends must be irrelevant to him as he doesn’t know what’s going on anyway.
Best of luck all, hoping this is the final straight.