Shearclass..so if I read correctly then, once arbitration starts..(even waiting for the case to start) PAT can still do a deal with the Indian Gov & stop the process at any time?
Imo i expect the sp to fully find its feet on or before the 11th of September when we should know for definite which way we are going. Steady rise hopefully until then.
Mickey is bang on!..newbies here watch that video.
If we JV with our own mining partner (no gov) its highly likely (I think the Prof once said) they could rock up with 'full bags' so no need to raise cash to get shovels in the ground.
I am by no means an expert but if we had say a 60/40 split ( with a % of profits going back into the local community) Imo a share target of around £7.50 to £10.
But because of my lack of technical knowledge a nice £6 would do!
Not sure about 2020, how many shares GGP had in circulation..but today about 32 x more than PAT , plus they only had a 30% stake of (I think) about a 1/4 of in ground gold compared to Bhukia.
RE: Not feeling all happy and fuzzy24 Aug 2023 12:32
Those 2 trades this morning 4 seconds apart 100000 & 75000 might indicate very few shares available, ie order placed but unable to buy until seller came in...4 secs??🤔