Member Info for GingerHippo

Windwaker, if the "interest" wasn't a bid in everything but name, the BoD wouldn't have spent the last 5 months considering it, thereby delaying completion on the one bid we know we definitely have in hand.

I suggest ppl don't split hairs to the point where they can't see the wood from the trees.

DS *first* bought in at 5p. I'm fairly sure his average is significantly less than that.

I doubt his expectations are based on his original entrance price, but on what the assets are worth.

Interesting to note that there appears to be some consensus among bidders as to what the assets are worth. We now have at least 2 bidders being considered by the BoD (possibly at least 3 depending on how you read the interims). That shows that the value of the bids must be relatively close to each other. If one was significantly lower it wouldn't be considered.

There is also consensus among IIs that EUA is worth significantly more than 26p. Several IIs have been happy to buy at this price and not demand a discount. In fact, they would buy more if they could.

What's strange is that despite the obvious consensus among those in the know, the share price is still quite low because of the actions of PIs (those who will sell on a 5% rise on any given day and those who are stupid enough to short).

The market is a short term voting machine, long term weighing machine.

If it makes you feel better, NS20, I'm down way more than £22K. But I'm not worried about that at all.

All that means is that had I known a year ago we would be at 0.21, I would have held off. Unfortunately, my crystal ball was on the fritz. So I bought when .45p seemed like a good price. And I still think I will get a good return on that initial investment. Unless of course I listen to some idiot and sell at the 12 month low.

From my perspective, this is a ridiculous thread.

Saying AZ hasn't delivered is ridiculous. It's a start-up. By definition it won't have delivered until it delivers. Once first IM is complete the tune on here will change dramatically and suddenly, as will the share price trend.

Ppl saying this is a failing company can't look beyond the present. SYME hasn't delivered...........YET. It is a start-up - of course they haven't delivered yet. There's so much going on, of course it's going to take time. But once it's all done and dusted (this quarter if you believe the CEO, FRO et al), it will be huge.

Anyone who sells now, IMO need their heads tested.

Equilibrium: "I have seen no evidence of an upcoming dividend."

Everyone else: "Have you looked?"

TBF I know where you're coming from. I can see no evidence of rain in London because I'm working indoors and refuse to look out the window............

Or at all.

It is indeed.

The IIs bought in at 26.5p, not to mention BG who started buying at around 35p.

Sam1234, you still holding here, mate?

Loads to unpack here:

1) share price is still below 26.5p that IIs thought was a great price
2) WK gone from 1 to 3 and soon 6 pits
3) We nearly have the licenses for the JV
4) The JV is Nyud and Moroshovoe (not Poaz as I previously thought)
5) DFS at MT is in the final stages
6) Detailed mining plan for the first 5 years within 2 weeks
7) Kola started with AAL and is FINISHING with Rosgeo. Finishing. End. Sold. Done.
8) CPR under jorc being FINALISED.
9) "further to the successful completion of..... an audit by Wardell Armstrong International." Sounds like the Jorc audit is actually finished. So just the CPR having I's dotted and T's crossed

Of the 2 streams online so far:

1) 1.25% of assets under management. There's £750M in the pipeline. £750M x 1.25% is £9.4M.
This is apart from the additional incentive fee.

2) Captive IM platform for 1-3%. £1.5Bn in the pipeline. Let's take the mid point of 2%. £1.5Bn x 2% is £30M.

So, from the above we would have revenues of £39.4M minimum. Which at a multiple of 40 gets us to £1.5Bn, or a share price of just over 4p.

Oh, by the way, that means IM has started and proof of concept done.

Then there's white label, for which we have no figures but clearly has huge potential.

Then you've got the captive bank funding. From memory that's 1% of EUR8Bn, ICC and Shariah.

Also, the Fintech bank was not mentioned in future plans which implies that it's been completed already, which makes sense since we've started IM'ing in Italy, per previous RNSs.

"The Company understands that it is the intention of TAG to list the Bonds on a European stock exchange in due course.

That would require TAG to make some meaningful financial disclosure. Can't see that happening, meself."

Funny how I read the same thing and came to the exact opposite conclusion. I agree they will need to make financial disclosures. Therefore, I feel confident that they will, which points to solid progress having been made by the company. I see that as the only logical conclusion that can be made.

You in the above sentence have started from a skeptical position of them not making such a disclosure (you really have no reasoning behind that statement) and then concluding that it's all nonsense. I don't see that as being a logical conclusion.

who sold out pre-suspension.

All is not lost for you. 16p is a fantastic price to buy back it. You may have lost out on some of the gains, but if you can shrug it off, chalk it down to a learning experience, and buy back it, I reckon you'll be very happy you did.

I agree. Bicycles would be ideal.
Need better infrastructure for it imo as atm it can be bloody scary being a cyclist having impatient drivers zooming round you without enough space.

We're arguing if EV or hydrogen is better.
Meanwhile over 70% of new cars sold in the UK are still either petrol or diesel.

Today most hydrogen fuel is obtained is by the process of natural gas reforming, which is less expensive than electrolysis. The downside is that harmful by-products such as carbon dioxide and carbon monoxide are produced in the process, contributing to global warming. Furthermore, and although they’re becoming less frequent, methane leaks while extracting natural gas are not uncommon. And these molecules are not only 86 times worse than CO2, being responsible for around 25% of the global GHG emissions.

Facts are facts. If you go to buy a car today you're probably getting an EV, not a hydrogen powered car.

The near-term outlook for EV sales is bright, according to the IEA.

In the first quarter of 2021, global EV sales rose by around 140% compared to the same period in 2020. This was driven by sales in China of around 500,000 vehicles and in Europe of around 450,000, while US sales more than doubled relative to the first quarter of 2020.

The number of EV models also is increasing. In 2020, 370 electric models were available and of the world’s top 20 vehicle manufacturers representing around 90% of new registrations in 2020, 18 have stated plans to widen their model portfolio and to rapidly scale up the production of light-duty electric vehicles.

The model availability of electric heavy duty vehicles is also broadening, with four major truck manufacturers indicating an all-electric future.

Looking further ahead, the IEA anticipates “healthy growth” during this decade. Based on current trends and policies, the number of EVs, vans, heavy trucks and buses is projected to reach 145 million by 2030.

In its net zero by 2050 scenario, the IEA has EVs increasing to more than 60% of global vehicle sales by 2030 and constituting 20% of the global stock.

Eurasia Mining (EUA.L), an AiM-quoted Russian Pd dominated PGM miner,
has scaled production from 1 plant to 3 plants at the world’s largest soft rock
PGM open pit mine, according to management. We expect EUA to add a
further 3 plants (6 in total) to reach 64k oz p.a. PGM production. Definitive
Feasibility Study (DFS) and Detailed Design completed for the entire West
Kytlim project. EUA has set up a Japan office to engage with parties interested
in its expanded range of PGM and battery metals following Rosgeo JV. Rosgeo
values the JV metal-in-situ at $100bn. Top tier advisers working on deal as per
12th May 21 RNS (global investment bank UBS and lawyers DLA Piper).
Management team strengthened. 0% discount raises with top tier institutions
– cash $23m, zero debt. ESG internal disciplines increase EVA.

The PSC is 57% but looking at the figures we seem to pay a bit more than that. Maybe due to taxes? I'm not sure tbh.

Lords, if the government take 68% all told, you need to multiply by 0.32, not by 0.68

3500x70x365x.32

We're not up to 3500 boepd just yet because AJ-8 is not in production yet. Soon hopefully.