Intrinsic value will come out in the end-22 Nov 2019 06:52
Good morning all,
Good day yesterday for the share price, long may it continue. A gradual daily rise is a preferred way, rather than a spike and fall.
you all know why you bought into this stock it's because it has so much potential, the company is not a fly-by-night and has been in business for over 23 years, originally it's share price was in £ but with fewer shares in issue.
It mines PGMs which have value but that value is cyclical, depending upon supply and demand, there have been hard times in the past, most PGMs are mined in South Africa underground, hard conditions to work where strikes, power outages, and corruptness have affected mining output.
This company has entered the perfect storm, PGMs are in cyclical short supply, they have a colossal amount and prices are going through the roof.
On that basis, this company is intrinsically way undervalued.
It has decided on a quick path to making itself a lot of money by selling off some of its large resource-heavy
acreage by getting two large international banks involved.
The directors have a lot of skin in the game, Christian Schaffalitzky holds 84,509,517 and Dmitry Suschov holds 456,989,458 shares, that should give you a reassuring vote of confidence, that they can see great value in their own company.
If the sale was not to go through ( extremely unlikely ) this company has a very low running cost as is the case with open-pit mining, basically, you just scoop it up and process it, all from above ground.
You have all done your due diligence and purchased your Golden, platinum, palladium, rhodium, tickets, hold on to them tightly, they are worth a lot more than face value. Big money wants in, and as you have witnessed the antics that have gone on during the day with the price drop to then see a massive buy appear after hours. hold on tightly to your valuable winning ticks, your journey to riches has only just begun.
If no RNS this morning today's interview with Dmitry Suschov will not reveal anything new outside of the public domain but may explain the ongoing situation as it is at present in more detail.
This share is not your normal, this share is the once in a while exception to the rule, this share is your chance to make some serious money, this could be the share that keeps on giving.
You have purchased your position in this company that has a great advantage over lots of others out there.
It is fully funded, does not need cash and can continue to make a massive profit just by carrying on to mine as usual.
Good luck All and hold for the bigger prize.......
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