Member Info for deckchair66

Also, I think Lit only get 15% if the case goes the country mile. I maybe wrong but 15% was the top amount they could get.

If your talking Bhukia I think it was 7.1 million ozs used by government of India for the auction

Thanks Gall, & agreed on investing in Mali.

Nice to see these sort of mining operations can be up & running in a relatively short timescale too.

@ anyone...just read the link from Gallmat ( thanks) why is the gold price set at $2200 per Oz?

@longinthe you need a bit of patience with this share, check out how many warrants are still to come. They shouldn't have any major effect on the sp, but not sure we will hit mega daily rises, nice if we do.

Hopefully some of the warrants won't get churned, and they will hold for gold.

People wouldn't go far wrong looking at the other re-posts too, Swen Lorenz etc.

For info my own thoughts on what to expect

anywhere upwards of £2.50 ..note.. as previously mentioned gold is up 33% from $3000 at date of claim.( give or take).

@monty personally I don't have any problems with the current sp, hopefully when we get a confirmed timeline it will tick up some what as strong buyers move in and the weak have moved. on.

I first bought in here at 0.0467 end of May 2023. This was following much research to the history of this case. Believe me if you haven't gone back to the beginning of the saga from Rajasthan court cases, & the information that has flowed out since you probably should open a bottle & go back in time.

I think nothing less than $1 billion would be acceptable. Its all about risk v reward.

I doubt after 20 odd years of this getting dragged out MB will settle for £300 mil.

@prof1 I agree after 20 odd years we are not going to accept anything less than a great deal...the odds are well stacked in our favour!

Don't forget its not actually the Rajasthan local government we are taking to court...by default its India it's self....they might listen to reasoning from the lawyers...or maybe not ! Lol

Great posts today...we know( as already mentioned) the $1.58billion was calculated on or before the 19th May. I wonder how soon or far before the 19th May it was calculated.

I know some don't agree, but I personally still think there is a fair chance of early settlement.

Might be worth swinging by PAT & reading rns.

Perfect...'As you were' everyone .

AGM today. Hopefully some WA news due soon.

So if LCM did go bust...pat need what, about £5 million or so, Like other posters on here,I don't see that being a problem from other available sources

Also the Indian high court apparently put a 'stay' on mining activity.

This, I found a couple of weeks ago. Doesn't make two hoots IMHO to our claim, but backs up many people's thoughts on the auction.

Dyor

https://timesofindia.indiatimes.com/city/jaipur/rajs-1st-gold-mine-auction-cancelled-over-discrepancies-in-documents/articleshow/123684562.cms

Maybe 2 years..but I wouldn't discount what was touched on about 3.50 into the interview. Either way I am happy. Sounds like good news flow in bound from WA.

( Its worth listening to all the previous interviews with MB).

Https://youtu.be/yh5MohcxtWk?feature=shared