Member Info for deckchair66

Just my opinion, I think until the claim comes out( at least) we should not put any un-due pressure on the guy.. I am happy with current coms either via rns or you guys that feedback from direct contact.

Https://www.google.co.uk/url?sa=t&source=web&rct=j&opi=89978449&url=https://geonesis.in/PDF/JUNE2019.pdf&ved=2ahUKEwjKt936oqWJAxXkYUEAHbEXA78QFnoECA8QAQ&usg=AOvVaw1_1CGhAiTXP4inlp3ZEHYb

Again bit 9f reading matter..struggling to find the report from May 2024 volume 11 issue 6 ..but if you find it..it looks like Bhukia & surrounding area is very much a hot spot for gold !

I found this earlier today..nothing major but a bit of news from Bhukia 2 days ago ( you need auto translation) ..mining road apparently has started, bit of reading whilst we await news.

https://www.bhaskar.com/amp/local/rajasthan/banswara/news/the-states-first-gold-mine-is-in-bhukia-jagpura-of-banswara-133844172.html

The calculation rules/process/formula seems to be the most complicated and or secret process known to man kind.

It has certainly baffled this board & others for a very long time....

I am on the hop at moment, so carnt look......check director share purchase I have a funny feel they bought at 20p ish

I think this was the 'wooly language' used in the ToI article...very strange really...'.The company is claiming mining rights in the area despite the auction'....

Just wanted to change the subject matter!

More egg on their faces..if they put out a statement saying mining suspended & it's not even started ...what's that saying about trying to dig yourself out of a hole of sh.t

Thanks prof!!

Yes. valid points., & as stated by others, until we hear anything official from pat it's hard to read.

Now the big guns are appointed, I still see the pause as a big plus for us.

If India want to clean up the past & andbopen up to International onvest then they are going to have to take it on the chin.

From Gemini AI..'Who ordered the halting of mining in Bhukia jagpura'

The Indian government ordered the halting of mining operations in Bhukia. This decision was likely made in response to the ongoing legal dispute with Panthera Resources and to protect the government's interests in the mining sector.

It's important to note that the specific government agency or official responsible for the order may vary, but ultimately, the decision came from the highest levels of government.

I think to bid at auction without any assurance for any legal stuff that could come and kick you in the rear , arising from our litigation..you would have to be pretty daft...having said that paying 65% ....

@pk..great post!... tbh it never crossed my mind that the auction winners will now be sueing GoR...or charging them x amount per day for wages/lost time etc.

Oh dear what a mess.

I think PAT will have given them a settlement figure ( no if no buts) and unless you pay up in full we are going to proceed with ararbitration in its entirety.

The costs for GoR are going up daily, I reckon if we are right ( early settlement) it should be soon.

@ rider ..I maybe way off but if you go to allenby capital notes..it says 97% owned....my recollection from early research is it was mmi ..ie Indian partner..but I have had a few drinks now ...so i best bow out lol!

On tax...if and big IF, we get a special dividend into an isa...tax or no tax..basic Google search ...'computer says no'

@ rider gotcha!...I think that company MMIis a 4.6% (or 3 %) partner in India..I will stand corrected if I am wrong!

@ Rider (16.35 post) I get your question..but why ask about MMI?

Nice info on that link @ Gall ..didn't it get mention as well we will have KC too.

Maybe Burgstaller had a look through the case..and went back to his employers & said ' i think we might have a problem here, tell them dudes in Bhukia to down tools'.

Don't think so HT..fire away