Member Info for deckchair66

Should have added Vedanta or connected companies have been mentioned as possibly the main bhukia auction winner.

( not ramping it up!😂)

Hindustan Zinc (Vedanta) hit a 52 wk high at close on Friday.

Indian stock market closed today.

100% up in 12months.

Sp started moving up early April...

It's still dated April 2024 and its 'conference paper'.

Some how or other when I was reading the details on the link I posted earlier..I downloaded the full document of the same title.

It seems to comfirm way more gold than 7.9 million oz.( ie more in line with a previous post today).

However it is a bit technical so maybe others can try and access.

Actually just realise the article (at the end) is TONNE which is 7.9 million oz I think?

Https://www.researchgate.net/publication/380178546_Exploration_for_Gold_and_Associated_Base_Metal_Mineralisation_in_Bhukia_Area_Banswara_District_Rajasthan

This article is dated April 2024..it seems to confirm the over 7 million oz of gold.

Ditto Shears post.

I think the loyal investors have always seen a fairly quick 20% return.

I think you said it recently Gall, rinse & repeat.

I personally don't know why the quantum won't be published sooner rather than later.could somebody explain the reasons why it won't?

( having said that, I think mb hinted a quide amount 'could'

be disclosed at pats discretion

I was wondering if we need to raise anymore cash, it would come before the 'good news'?

Short term paper loss for some, but more chance of a higher return for the investors?

Keep your eyes peeled for bids from

Deck Mining Pty Ltd.

Unless we get a nice surprise before..( looking at the last rns list they pretty much all came first week of the month since Oct) ..3rd of June might be next one.

Yup spot on...& if you have been looking at my main holding...we are waiting for arbitration news...& nobody on there ever really talks about the price of gold except in relation to possible date of expropriation.

Spod price doesn't really matter unless you have something to sell.

I was in here last year ( bag of missing diamond syndrome)..got in I think around 0.60..got out around .50 if I recall..always swing by to check on the missing diamonds....so it now looks like there are going to be over a billion shares???.....and sod all else?

Like everyone else I can only guesstimate. Using some cost figures ( pro rata) from Allenby's last research notes I sit here....and if I am out by 50% ...either way still happy days!

Net claim award £800 million.

Shares in circulation at award date 225 million.

Hey @ Gallmat many thanks for taking a look....its all way way over my head

Rns 27th September 23 gives some coverage on expropriation date..

Thanks again Ed. Could somebody put that into pounds,shillings & pence please....

Thanks Ed...my guess would slightly be in favour of including a claim amount, especially if we need to raise more cash.

Https://www.business-standard.com/industry/news/india-s-critical-and-strategic-mineral-auctions-face-three-month-delay-124040801011_1.html

Looks like lack of interest across the board in India on loads of auctions..