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Interesting ... closed period ... does this suggest reverse and rerate.

Would be nice. If we discount this by 95% it still gives a SP of 5.8p. There's good value in the various scenarios.

Once upon a time there was a tortoise and a hare ..... this is all about making the BIT a genuine threat, getting the due process and procedures sorted before litigation. The BOD and our Pete are serious about getting value from this situation. I’m happy that they continue to build the pressure on all parties. Contact with the Moz Gov, Moz Ministry of Mines and now the apparent licence holders out in public .... good move by PFP.

Agree buys showing as sells, topped up at 2.71p, seems too good to miss.

bbr ..... please could you explain your comment regarding Align and (Peter ?) Taylor in a bit more detail.

Bugzy .... Certainly interesting times recently and the scenario you describe is a decent resolution for PFP to get some value. Back in mid-2019 when there were some positive indications of working towards a resolution the SP was as high as 2.5p, OK some dilution since then but the prospects of a resolution in the short term now should raise the current SP above these levels. BIT, ICSID and working capital needed to keep the pressure on. Some positive news would help but I feel anything going on behind the scenes will be under wraps until we are either squillionaires or paupers, hopefully the former.

TC-14 .... what makes you think there will be #4 ... they can make $10m and at current price that could come quickly.

The date and time of the transactions is early on the 12th and matches bid/ask at that time.

OB73 .... Wouldn't a transfer be a sell and a buy, ISA limit is £20k

Bugzy. I agree that the SP severely under estimates the value but I think its what is an appropriate discount rather than nothing is priced in. Simplistically, the revised 2019 scoping study on the PFP website show an NPV of around US$1bn. What would an appropriate factor to apply to this given what might be bankable and PFP needs a partner to produce, 75%, 80%, 90% ? At 97% , i.e. US$35m to PFP give an SP of 4.7p. As I said earlier simplistic, I'm no financial expert, but this BOD appears determined to get some value from the situation.

Go get' em Pete

Sale of some HE1 shares surely merits a RNS ?

John2015 ... scratch that question just caught up with RNS

John2015 ...... how do you know this ?

Possibly there is a growing acceptance that this BOD are capable of recovering some value from the situation. Certainly the gloves appear to be off judging by the language used in the recent RNS update. That being the case, even with the spectre of a BIT claim, the SP is holding firm and even with significant discounting appears somewhat undervalued at circa 0.5p. Why not stick a million or so shares in your ISA for a few months and see what happens.

Appears to be stable around a 0.525 ish mid price.

The 30/11/20 RNS was specifically about the engagement of Hausfeld to find a company that would pursue the English Court settlement monies from 2012. So whilst nothing is 100% disassociated with anything else in PFP World this sort of is not related to any BIT action.

Try Twitter

Nothing on this since notification RNS 31/11/20.

typo HE1 +26%