Member Info for deckchair66

I was in Lit few years ago...thought my money was better in pat, and bailed out.

Interesting to see if pat win, & results in a major recover for lit. 15% max payout I think for them.

We have to remember its not 'our' calculation, independant experts produced the claim figure.

We probably touched on this way back but..

Claim v resource...the more I think about it I reckon the claim might be based on confirmed resource, rather than the Indian auction claimed resource. Thus leaving the panel to decide if it should be more.

I appreciate its far more complex than profit per Oz.

@RIDER75 I think it was confirmed that it would be updated in his last interview. Link posted by someone a few days ago

Looking at todays gold price. & what we can expect the revised claim value to be.

1/5 ( give or take) settlement way to low.

But considering my average I wouldn't moan too much.

Few hundred way to low IMHO.

Gold heading north...maybe linked to the better news coming out today.

End of July I think.

Yes agreed Gall.

For any newbies, after we got nowhere with the local courts in India, ( please read all rns on this!) by default it has now becomes a Government of India problem.

My personal thoughts would like it to be, that when the penny drops they might make an offer.

Thanks OnTT....another good one, & worth listening until the very end.

I swing by here every now & again. Fully agree with Cluless. I was here years ago, nothing seems to have changed except dilution.However it might be a good time to take a punt.

The other point for buying now is the possibility ( no matter how small a chance that is) of an early settlement.

Buying in now is probably the right time for most investors. It's only the hardened few & the insane that have been here 3 yrs plus waiting for the run to December...

Re last posted trade yesterday.

Best buy price for a while I think, especially for such a big lump.

You are probably right Gall, but never say never.

Either way all good.

Obviously July is the deadline for our response. I assume we can file before then with an updated claim?...or is that just wishful thinking?

Somebody seems to keep topping up most days at 16.35 UCT

Gold creeping back up today.

Definitely @ Nom.

I think the mm's filled some orders, with the twitchers selling to help this.

We have been through all sorts of shenanigans with the courts in India.

An election in India.

Probably other stuff which I have forgotten about.

But as MB said in his last interview it's all down hill now.

Interesting few comments in last interview about potential early settlement, personally I don't care either way. I doubt PAT would accept a low offer.

I still haven't made my mind up about selling before award, but even if I do, it will won't be all my holding.

The main objective is now an update on the claim.

Don't forget the claim is NET...good move there by PAT.

Hold for gold everyone.

Good one. Well worth a listen.