Member Info for Dietch666

Not sure if this has been raised before, but what do people think of the potential that the bigger picture is that the agreement is for the buyer to but the assets that are ready to produce and allow BOD of EUA to develop the other fields which they will purchase at a later date. This spreads the costs to the buyer but gives some reassurance if the right mechanism is in place for BOD. If this was the case this makes me feel that this is a big deal.

Thoughts?

Weather it be good or any other metal the principal surely is the same the only difference is PGM attract higher value per oz therefore we need to know what the total forecast for the mined metals is. Any potential buyer will need to build in risk and want to make a tidy profit for taking this to the next level. I see it like selling land with planning permission. With house on it you can sell the land for more but you have to spend a lot more to build the house. But you can sell the land with permission to build and make a tidy sum but not the figures some might think.
I hold shares and want maximum return like all of us, and yes i think it will be a big uplift on current share price but not what some are hoping for. I hope I'm wrong of course.

Can anyone put together a figure of the metals in the ground i.e volume and run this against cost per oz minus cost to mine etc? this would give a very simple clue of how much profit is in this mine.

I'm no expert, but this is the way I see it that will go some way to dictate the sale price;
1. what is the total value of the metals etc in the ground based on current prices and projected future rates.
2. What is the period required to extract these materials and projected future costs.
3. What is the cost to extract the materials over this period.
4. Based on the above what profit do they envisage the mine could make
5. Based on all of the above they need to then consider what percentage of the profit they want to keep while giving some of this way to EUA. This is the part which i see has a game as if they go to low they coudl lose the bid to a rival hence the bidding game.

Appreciate that may sound simple but without knowing these projections i cant see how you can put a price on the sale price. And although I'm invested from many many moons ago (sub £0.01) i do not know the answer. Can anyone provide the figures that are based on educated assessments?

@Platapus you offering to sell or trying to get others to sell their s so you can hoover up? Strange comment, if you going to sell just sell. Is this a form of jedi mind trick....