Member Info for GingerHippo

I believe the estimated Pd in the adjacent land brought the total to 40 million oz.

So 2+13+25 for comparison.

However, the NPV of the additional 25 million oz will be lower because it’s not independently verified so the risk is higher. Also I might be wrong about this but presumably it takes longer to dig out 15 million oz than 2 million so the life of the mine would be longer than Impala’s this NPV would be slightly lower by comparison.

Certainly NPV ought to be billions. I’m baffled why ppl aren’t stampeding to get in here.

I don’t think using various subsidiaries gets around the TR1 requirement. The shares would still belong to the group, being controlled by the parent company.

While I like the theory mentioned earlier, it is just speculation imo with no evidence to support it. There’s no way of knowing who was buying all those chunks, they could be unrelated.

On this share it seems like the company could announce discover of a billion oz and the sp would barely move. Ridiculous.

On the other hand if the sp was always reflecting true value I never could have got the shares I have so cheap. So silly sp games are swings and roundabouts

It took about 6 months to get tipil license so might well take until March 2020 to get the flanks license. Might be less, who knows?

Still a stupid sp atm

“In the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgement are at hand.” Benjamin Graham

Should way more than 3/4p imo. Current mcap is ludicrous when compared to 2/15/40 million oz of Palladium

Instant filter. Thanks for creating a brand new account just to tell us that. Bye

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I hope the asset sale happens tomorrow just so I won’t have to look at this rubbish every day.

That a company can be worth 15% less than 2 hours ago for no reason whatsoever. I have to laugh cos it’s too ridiculous

What email address did you use, Stockdale?

“Or let the company kill itself and take it for nothing”.

I don’t think that’s possible. The company doesn’t need any more cash right now to continue, the sp doesn’t affect that.

ultimately, even if mcap went to £1M, the company would still either sell the assets or mine the Palladium. Either way there’s likely to be a divi paid out to the patient.

Yeah. I sometimes wonder who’s in the green box today. Then I realise I don’t care

Btw Jarosg, I haven’t forgotten your 18p prediction just a few days ago....

Bobtastic, if that is the case then we may have to wait till 2020 figures come out, unless the bod start releasing quarterly reports, which would cause too much volatility imo.

But I think that’s besides the point. There are other players around who know what they could make from this resource so would want to buy the whole thing ASAP

The stock market is a device for transferring wealth from the impatient to the patient.

I don’t know how long this will take. Could be 6 months, could be tomorrow. That’s why I’m in this now and not planning to sell.

2 things simply boggle my mind. 1) why would anyone who is well researched sell this to buy elsewhere? If something else looks promising, invest with other money. Don’t have enough cash, don't do it, it’s that simple. I don’t have enough to invest in everything I’d like to, just like I can’t buy everything I’d like.

2) how can a company with 2 million oz of Palladium (let alone 15) that can be sold at $1500 gross profit per oz, possibly be worth less than £100M. Simple maths tells me that this is way undervalued.

Btw, I suspect he gets paid every time his name is mentioned. From now on he is ‘he who shall not be named’

It’s all the ppl that keep engaging with him

I stand corrected. The worst reason to sell is because some guy on the internet said there would be dilution at discount even though the bod said there wouldn’t be and they would be hurting their own pockets.

We were talking earlier about rainbow chasing. To my mind, buying a share because the price has gone up is the very worst reason to buy a share. Conversely, selling a share because the price has gone down is the worst reason.

I just can't get my little head around why there aren't a lot more buys. Like a lot more.