Ramper or just positive investors?13 Dec 2020 08:48
Call it what you want but the sp graph since last October speaks for itself. It rises and levels out, rises and levels out holding within 20% of its peak then hits a new one, so why anyone who claims to be invested is not optimistic, I’m not sure.
We hit 45p recently and no PME was issued from the BoD, warranting the rise as they see no reason why it shouldn’t be around 45p considering the situation Eurasia is in.
We’ve been notified the DFS is very likely to be published in December and there has been regular mentions of Rhodium which could be a game changer for WK at least and it’s holding strong around $16k /oz.
All we have to go off is the information that’s RNS’d and over the last 12 months it’s all been positive. Eurasia have world leading legal and financial advisors on board which is great, but incredibly positive that UBS & CITIC plus some of the BoD are working on a success fee basis and have been for over 12 months now. They’re not winding it, they’ve done their own due diligence and decided the reward outweighs the risk.
Dmitry said last October they told the banks not to approach with low offers and that the process will not be rushed. I’m sure most like me thought this would be done by now, but it isn’t so what do you do except sit on your hands and ride it out or sell up? Sell up isn’t an option personally, with PGM’s only set to rise in the short term and Eurasia still operating as a profitable business with no debt, why would you sell? Each to their own I guess, I never thought the sp would touch 45p before an offer was announced but here we are so for me the only way is to continue north.
Been a few this week trying to discredit MT - Eurasia haven’t said they have access to 40moz they’ve said that potentially their assets are scalable to that, so stop trying to create issues where there aren’t any.
So I feel it’s only ‘rampy’ if posters don’t back up their comment with research, which a lot on here do. There’s a lot to be excited about here and if you’re invested and not excited, but are worried about your investment then maybe you should sell up first think in the morning. No doubt on e of the ii’s that have been buying heavily over the last couple of months would be more that happy to swallow your shares and reep the rewards whenever that may be.
Good luck to the genuine’s