Member Info for gotreal

You imply 8p was fair value, whereas it was really just the result of over-exuberance.

maybe we all ***** too much ...... https://www.instagram.com/makorresources/reel/c9whirdoxb-/

All other boards are fine. There is only so much bull that one person can post .....

Great guessing guys ....

So full of his self-important posts.....

HDS, I suggest you buy a new pair of eyes and re-read the RNS with regard the IRH deal....

Where are your calculations? As the brokers have twice that ....at least.

Seis, as I read it, the share issue was to acquire the rights to the whole pile, and they are paying cash for the ore itself.

Are you missing confronting him, Frog? Seisnav is, in my book, the most valuable and knowledgeable contributor to this board. If he is avoiding posting because he simply is tired of confrontation and can't be bothered to share his research here now because of it, it is a great loss to readers.

"£Why don't you try and write something constructive about todays news" Try reading.....

Shut it, Edzi.

Then again, Edzi, maybe you are both wrong....??

Summit, I have none... but I'm not the one trying to assert that there wasn't enough cash to pay for it!

Could well see a blue finish here today.

Summit, where is your proof that the vendor didn't make this a condition of the deal so that they could profit from a probable capital gain ?

Why can we not monetise it? It is copper.... we will have a margin in the region of $3 - 4,000/tonne.

We are not "giving it away" and had you thought that the seller might have INSISTED on shares because of the almost inevitable capital gain they will bring??

Gross value of copper contained, not margin.

Because others, like you, have chosen to interpret the situation negatively.... and the MMs will take advantage of anything to generate trades.

Https://audioboom.com/posts/8649152-midweek-takeaway-with-leon-coetzer-ceo-of-jubilee-metals-aim-jlp-jlp?utm_campaign=detailpage&utm_content=retweet&utm_medium=social&utm_source=twitter

"We are paying roughly £2 million for a $30 million copper asset." "This material has only come onto the market due to the hardship other companies have faced due to their inability to operate during the past period (without power.....)" A decision by the board, opportunisttic, to be able to secure something of such great value for a compelling price.... Its a one off acquisition of rights (to the rest of the stock) ...so the share issue was to acquire the rights to the pile which they can then continue to purchase for cash..... Several people knocking on the door to buy some of the lower grade stock.....