Member Info for deckchair66

Good spot apple ..no idea...the only thing I recall was one of the submitted question to Mines ministry was about the Rajasthan local taxes of I think 18%

We had a jv lined up I think @ Gall...if I recall correctly from my early research

Your probably right ejt..but £400k less costs and 4.6% partner in India is gonna be worth £1.6 ish a share

So can we assume these guys will do a full survey & drilling in due course..thus publishing confirmed resources?

Not 100% certain but I think Owais metals & minerals of India have announced today they where highest bidder for Bhukia..

Looking forward to next week and beyond.

From the Prof's post it's seems like Mb is reacting to sh 'request' for news flow.

Even without a final figure attached to the NoA, 7.6 million oz Confirmed gold,

plenty of copper plus other off takes.

Surely the market should react to these resources?

I think the last brokers notes worked on $750 million dollars.

As I have said not ideal not having a final figure attached but we at least know the minimum..plus of course as I understand the meter is running all the time

It wasn't Mb's fault we never got the Bhukia license.

Do we think the sp/mkcap will react when/if the NoA is served?

We currently know it's over 7 million oz's ...so if with out a quantum attached it must be a $1 billion plus surely?

Well I think that certainly helps clear/clarify certain points which we have all been speculating about.

Looks like the gloves are starting to come off.

Obviously not ideal on the timescale of the quantum.

Plenty of news due ( from Profs first message).

If I was the Minister( & given that Mondi keeps saying he wants to stamp out corruption ) I would pay up & move on.

@ Gallmat..that's assuming 'period of engagement' is not fruitful.

I often wondered why the sp never reflected in the true value of investments.

I just could never get my head around it.

Sorry to say I have sold, small profit.

I hope you guys can vote against it..very low offer imo.

Thinking what Shearclass said..'strange no rns on the auction'.

Never really thought about that, but an excellent observation.

Only thing I can think of ..discussions going on behind the scenes & pat not wanting to ruffle feathers

If indeed this is the last raise as funds are going to be in bound..let's just say from Kalaka..then this could definitely mean buyer are in for the long haul.

Prof..if you could ask MB along with the bhukia stuff..if they intend to use some of the cash raised to test the Northern area of kalaka & get a confirmed resources for the project please.

PAT should also come clean on how long they will give the new minister of Mines to deal with our case.

I see no reason why this should be a 'secret'.

Nice to see Pat have put the proactive interview on Twitter ( called X now for some strange reason!) First post I think since November!

I would hope that lawyers have been engaged with GoI counterparts ..and the New Minister just needs bringing upto speed..30 days or so should be enough?

Thanks@ Trojan..to me it sounds like there is confirmed dialogue going on.

Anyone seen ShearClass ?...would be good to hear your take on things..hope it wasn't you bailing out today! 😬

Placing at a guess @ 5p...