I can understand the logic of panic buying food, but panic buying toilet paper? I just don’t get it. People planning on eating all that panic bought food in one night?
RE: Better hope there's an update soon here...12 Mar 2020 07:55
Case and point, don’t feed the trolls after midnight lol.
I think it could be some months before we hear anything. I don’t think Christian will say anything until we have a buyer confirmed, possibly after the flanks permit announcement.
Patience is a virtue. ATLEAST we have some viral topic to discuss to help the time go by. Stay safe people, wash your hands!
£1.81 would be nice. I smell a holiday home in the Maldives if it gets to that. That would mean the MCAP would be in the region of £5bn. Sounds lovely but I have my doubts it'll get to that.
@ Aandi, that's one of the possibilities, if there is no formal confirmation of the price when we're released from suspension but it is confirmed that there is a potential buyer, it could be a buyers market forcing the price to rise sharply on open.
If a price is confirmed and it's above where are at now, them I believe the MM's would set the bid at the listed price. They're effectively wholesale shop keepers full filling supply and demand. Based on computational algorithms the bid, the ask and the sell will be very close to each other. But there's to many variables to take into account to determine what will happen.
I believe we'll be offered 30p a share based on NPV, commercial viability and the buyer trying to get a good deal. The price of palladium has risen sharply with very minimal retraces. If we have a recession on our hands then I believe it should keep going until the demand for HV's slow down and demand for palladium also slows.
Counter view and pure conspiracy. Perhaps it's a man made disease by the Americans to finally mute the chinese.
One of the fastest growing economy and their mass export which Trump has been relentlessly trying to stifle via embargo since he came into power. Since COVID-19 chinese exports have frozen and without a doubt this is destroying their GDP . For long I have believed we're overdue a recession and imho this is the perfect scenario.
Just for something to think about, remove the spaces inbetween www w w w.dimsumdaily.hk/russian-scientists-believe-america-created-the-wuhan-coronavirus-to-sabotage-china/
I've not traipsed through the forum but i'm inclined to agree with your comment Bobrad. I've been here years. Not always been happy with the BOD's decisions but stick it through and reaping the reward.
There are people on here that are becoming disenchanted by anything which isn't praising the BOD, the SP and so on. They treat EUA as if it's there partners and if anyone says a bad word against it they're sniping them or accusing them of being shorters.
I'm a realist, the fact remains that there could be good news on the back of this suspension or bad news. To suspend a share for a tweet for almost two weeks is absurd, surely there is more to it and i'm hopeful that it is the news we are waiting for.
Can you give it a rest. I've seen TDT commenting on this board in 2015 all the way through the sh###er and out the other side. If anything he says it how it is. The BOD have put us through the s##t there's no two way of saying it. Most of you probably didn't even know EUA existed until the news in October. Some of you maybe even after that.
How this share was diluted was beyond comprehension. If it wasn't maybe we'd be at 70p rather than 7p today. If's and but's who gives an f.
If he's shorting it let it be. There's nothing illegal about it. Lot's of people have shorted it. Don't shoot the person you assume whose doing it. If he is shorting it, then it'll be his own demise should we get good news and if we don't get the news we want then good on him.
For the love of god just give it a rest.
TDT glad to see you haven't succumbed.
PS Snowman ramped this, if he's made his money and moved on, that's the objective. He isn't married to the share so why stick around if he's got what he wants.
Interesting GingerHippo, that just triggered the thought, in the RNS when EUA confirmed CITIC and VTB were engaged, Christian stated the below:
"The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play"."
Any idea what they had in terms of assets before they sold?
As shareholders we always will be. AGM's don't amount to sh##e. Lets just take amount to look at DEBs and the other stocks people that have been invested into where they don't always make such a breakthrough. If it goes to pots we're left picking up the broken crockery. Right now we're not in that position. We're in a positive position with the shareprice 10x where it was in October and the absence of official news since December 2019 gives me optimism that it could be something more rewarding that they have been working on over the months.
I've learnt not to have emotions for my stock after the AFPO fiasco. I was practically married to that one. Don't invest more than what you can afford to lose.