Member Info for djm1

Ill let you know which one i choose....whichever i choose, do the opposite!!

Someone posted over the weekend about the huge rise in thefts of catalytic converters for their PMG content, well i've just been ccd on an email about a broken fence panel where i used to live, knocked down by police,chasing a car thief(caught by the way) stealing cars for their catalytic converters!! So the lesson here is if you want to get rich from PMGs, steal catalytic converters!! Honestly the timing is spooky!!!

They cant decide on the biscuits for the next AGM.

OK, can they suspend for that length of time without a further update as to why? Or if they are not obliged to, would they realistically do so?
Thanks

Yes it will be fascinating to watch a company the Russian state has held up to the world and it's peers as an example and flag bearer and then mug them in front of the world and the company's peers.

Interesting reading the opinion that MT will be stolen by foul means.. but the cats out of the bag now so stealing it in plain view of the world won't be quite so straight forward as that.

If it is a full takeover then What is WK worth, anybody know the resource estimate there? Isn't there a licence due for additional land there?
Thanks very much in advance.

If anyone doubts they're in safe hands they should watch the long interview with Dimitry on pro active investors, be in no doubt he knows exactly what hes got and what its worth, the interviewer was trying to pin him down but Dimitry wouldn't bite. The interviewer was almost smiling, he knew he was looking at the coolest of cucumbers and someone who was about to make a god damned fortune! Dimitry put it out there that he expects sensible offers and has proved at West Kytlim he can mine it himself so not shortage of funding... he should have worn shades.

Just speculating but the last comparable for a Pd mine was the sale of North American Palladium for circa £600million.
The total life of mine Palladium estimate was 2.8million ozs at $900.00 per oz at the time. The Palladium estimate was inclusive of the other metals present and was an equivalent figure, actual Palladium was 2.3 million ozs and this mine was not open pit, so costs were higher than at either of our mines. So taking in to account the reduced mining costs and current and future values of Palladium £1.5billion for 2million ozs does not seem unreasonable, now you have to value the potential 15million ozs with flanks and the gateway to total 40million ozs that could bring via the legal rights to exploration. I expect Dimitry can argue a valuation of multiple billions better than me for sure....

Most people here believe its a bid situation, if you look at Dimitry's interview on proactive investors, well, you will come a way thinking its a bid situation, they were in discussions prior to the two "Big Banks " getting involved on a success fee basis. So really what else are we suspended for? A tweet? Remember EUA tweeted share talks' valuation a few days before. Seems likes some positioning going on. Which leads on to the real question of how much, share talk £1.5bn, another similar, but with a list of conservative caveats. So £3bn maybe, £4bn does not seem too outrageous considering the resource potential and predicted future price. Dimitry absolutely knows what he is about.

RM any chance you could tell us the bid as it stands... would really help me sleep!!!! Great Post!!

Stockdale, thats an interesting take on things, you may well be right, if the account is genuine then the guy probably didn't act independently as littlebricks suggested, it would have been unprofessional, with the Virus and just the board just getting back from the conference things may be up in the air a touch as well. It would mean that potentially an offer is imminent.

Still no RNS denying the rumour/fact... who knows....hard to focus on work!

Well the worst that can happen is we all now have a broader knowledge of where to use our expense accounts when traveling on business. I say the fellow is a damn fine gentleman with a bally good eye and more power to his elbow!!!! Doing his bit for international relations!

The guy who tweeted if he's the real deal didn't do it by accident...no coincidence. We don't know that the Nomads aren't squirriling away as we speak.i knew some serious MandA guys and they'd lock themselves away for days and nights with the lawyers to get a deal done and emerge looking like they'd been on a week long bender. 7 am RNS is good with me!!

Looks pretty good JT... you've not lost and a result with more to come on txp. I've missed that boat. but this will put me back in the game after a succession of gonad busting kicks on aim!!

jtdawg you have to be philosophical about making over 300k!!!!

Even respectable business men have to get their leg over

Krayl49,

wasn't the Chinese connection already known?

So its been a few hours and no social media denial from the company, no distancing etc, they can't not have heard by now, no chance, i expect their phones were ringing in no time. Wouldn't you like to be a fly on the wall at sunday lunch in their houses, for all those holding big and looking at life changing sums all i can say is i hope this comes good. GLA