Member Info for deckchair66

This along with my other decent holding are still under the radar to many & I expect both to perform very well pretty soon.

I like the management style of both.

Faskens are confident too. They don't take work on without a high degree of confidence.

I think we have two options @Dbush & Shear you have both summoned them

up perfectly.

I am more with Dbush, however if it runs the full course as per ShearClass I am happy too.

Definitely not selling.

Banging my possible early settlement drum again!..Dilution won't be a problem.

I thought aim is all about generating cash to some extent, also MB has said on numerous occasions pat are very conscious on dilution. It has to be controlled with progress.

Copy that Pk73!

£3.00! to clarify!

Allenby Capital reckon around 3.00 per share if I remember correctly.

I will take a 20 to 30% swing on that either way!

Just read an article ..(bit out of date feb 2016!)

Vedanta won India's first auction for gold mining..they paid 12.55% of Indias Bureau of Mines gold price of $1087 per oz.

I think in an rns pat said noa in qtr 1 ..so anytime now.

Maybe or maybe not Etj...they might keep the winning bid private?

What I find interesting, the times of Indian in there first article a few months ago gave us a bit of a kicking in, and talked about the litigation .

The articles since don't mention us at all.

I have my own theory on this , but it's only speculation.

Faskens are/naybe doing a great job behind the scenes negotiating.

Morning everyone.....I understand tender documents are available on the e-portal until 12th April.

Auction to be held on the 2nd of May.

I currently have no confirmation in quide price.

I have been here just under 12 months.

My average is around todays buy price.Happy with that as we know not much of that is given to Bhukia.

I have accumulated for the way up or early settlement.

So I have a decent amount I can sell in small amounts over a 3 plus year period ..hopefully (or ideally)if the sp hits 30p plus.Then be left with a decent amount for hopefully a special divy up.

Or if we get an early or partway through arbitration settlement a possibly special albeit lower dividend.

So either way I think the reward for me would be give or take the same.

Plus let's not forget with a special dividend we still keep our holding!

In the Indian press there is plenty of chatter about the large discovery of Nickel , Cobalt etc in Bhukia.

I wonder if this will have an effect on the auction value or could there be a clause to the winning bidder...ie tax per tonne or similar.

@etj,gall, jmuk 👍👍👍.

@Gall or less if early settlement

JmUk.....sorry but your glass is only ever.......?

@ejt ...I wish I knew...but Pat have played I think a very patient and professional strategy so far.

@shear your last post I agree with however IMHO I think we might see shorter timescales, however either way fine by me ..and as comrade Geng once said we can then all give ourselves a Pat on the back !

Not disagreeing ..but the value will be in the strength of the case.

Gall..I am a layman when it comes to all this but I have done my R.

I have no idea which way it could go..but if the GoI want a clean slate to help attract foreign investment..who knows...don't forget our original beef was with GoR who I think where recently voted out...