Member Info for djm1

Thanks Awacker

https://www.youtube.com/watch?v=54FWRKcSGCM

Mac
yes indeed...not in there by mistake. Does indeed hint that they may apply if they have not done so already...keeps the bidders honest reminding them of what they are really bidding for.
GLA

If we do have that Licence, now wouldn't be a bad time to RNS it. I don't like watching the value slowly slide, a bit frustrating, a reminder to those selling out wouldn't do any harm!!
However one thing that has struck me over the last few months is just how much larger the reserves really are are at both WK and MT and its feasible that AP could have been busy at both sites. The potential is mind boggling. News soon i hope from a purely self interest point of view.

GLA

Reread some of the most recent RNSs and it says that some have expressed interest in the whole company, with the most recent plans for West Kytlim it would be interesting to know what it's value might be now. Some current production numbers would be great!!

Tiddlor,

two family members have had it and both nervous patients, both were amazed at the ease of procedure and the rapid fantastic results.

ATB

What a load of absolute Boll**** . Dumbest comment ever. Pathetic.

Judge
I agree with you it seems to me like its being held back. But the idea that a deal would be accepted at a premium to current share price is nonsense. The board and big shareholders would laugh it out of the door. The assets are all that matters and no one is getting this on the cheap.

I could have sworn I saw over 19p just now...on Google!

RMR

i think the reference to the War means hes got military training and if he tells you he'll have to .......... you know the rest.

Mac,

absolutely and if it took a while longer to do a deal then i have no doubt that you drill away happy in the knowledge that the time and effort would be effort well spent.
Rowka's efforts have highlighted just how much resource is in the ground to me certainly, it would lead me to believe that with the potential to add the 5km additional flanks and be in the driving seat on the resources in the wider area then the price will be to the upside, i.e greater than the 50p-64p ACF range that i believe was a marker set by the board. That we have agreed terms with CITIC, employed Iain Rawlinson and have instructed UBS, would lead me to believe that the Boards expectations are being met.

The one thing that i really think swings this is the mining costs, even if prices head lower the mine is highly profitable, best of all worlds and the best hedge a miner could have for the foreseeable future!!

I'd love to be a fly on the wall in some of the negotiations!!!

I'm not an engineer Mac! so a lot of it goes over my head, but it was more a case of could they feasibly come up with data that will have a material effect on the value of MT in the time frame since discussions in March. Or were they employed at the behest of a potential bidder? With all the possibilities i'm beginning to think that the project might be too big for NN to purchase out right but as they have the processing facility on hand they will be part of the picture.

GLA

Mac,

Thanks, very interesting, put that way you're probably right!! Not withstanding the fact that lots of people stand to make a lot of money the sheer suspense of the whole scenario is incredible!!

GLA

mac,

ive been wondering on AP and that was back at the end of March, 4 months nearly.... i'm thinking that were brought in for WK and the licences there , in order to develop that plan, could they have been brought in to prove up MT resources? Is there enough time for them to have made any significant additions to the data set that will be shown to bidders?
Thanks

Mac
if you're correct and i trust the board to do everything to leverage the value of all assets in a deal then all bets are off with value achievable in the ground. 30p and 50p would be laughabale value estimates for MT.

I love people's idea of a top up- £20K.... found it down the back of the sofa!!!!
GLA

Interesting to see the price being taken down to fill large orders, i wish i had that clout/Cash!! There has been some very interesting comments on here about the sales process and time lines. Its been stated for some time there are interested parties for EUA's assets, either MT or the whole company, we don't know or indeed both but from different parties perhaps.

I think the FSP, the bank formal contracts and the appointment of Iain Rawlinson are all clear indicators that a deal is going ahead, i wonder whether our BOD have put the FSP in place to set up the final piece of the jigsaw and light a fire under the bidders? i hope so, and i hope its quick, i don't think the board will want this to be dragged on indefinitely. I need this to do well to change my life as many have talked about and i'm no different. Personally i'd love a bloody good holiday!

Thanks to all the LTHs and their positivity and research that they very kindly share.

Hi all,

just wondering what others think here, the flanks and the additional 13moz and plus the 4moz in near proximity are the big prize here, to which end we would not have gone in to an offer period with bank contracts signed unless the flanks were absolutely 100% guaranteed in our possession, so why no RNS and why no RNS on the WK licences that Alex found.

Gecko thinks its because it would send the share price crazy but I cannot see it driving the share price beyond what we are speculating a serious bidder would pay??? Any thoughts from any one??? Someone suggested its because the Licence will be issued to the buyer directly...to save paperwork. I don't think the current SP reflects flanks approval which i think we must have.
GLA

Mac
there's pee coming out!!!!

Londontown

HEAR BLOODY HEAR!!!!!!!