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Adamsky, How did you arrive at £34,000,000 for cost of licence? PM purchased IMM for £725,000 total on or about 31/12/2010
Nice to see that my prediction proved true with today's announcement. At last my, and all other LTH patience will be rewarded in the not too distant future. Well done Board !! Surely only good news from now on and meaningful posts here instead of drivel and links to infantile cartoons etc.....GLA.
Optimistically Positive. Expecting an announcement on the 22nd. GLA
I sincerely hope that he will be able to exercise them for a seriously good profit on the 29th !!. GLA
No surprise here...any chance of a delay and it is guaranteed with this outfit : history keeps repeating itself. Patience, patience, patience !! GLA
My maths is quite simple : there are 632,494,834 shares, PFP has approx. £500,000 in the bank plus there is a £2M payment due on the sale of IMM to AAG. Add another £19M for the settlement payment from AAG. Total £21.5M . Divide this by total number of shares = 0.0339923724973855? . This simplistic valuation is of course dependent on the sale of IMM, a settlement of the BLT being reached and, a minimum of £19M being awarded to AAG. There are other factors which can influence my simple valuation either way - hopefully upwards!! Hope this helps but if I am totally off the wall please advise. GLA
Can't believe that I have been holding my "hot tip" PFP original shares for more than 10 years now - now that is patience for you !! Hopefully the rewards are now in sight and I look forward to seeing how the PFP structure and business opportunities will look in a few weeks/months time. GLA
Ooops!! A silly error in my calculation - I should have written £2M + USD$24M. At today's exchange rate that equates to approx. £21.5M which equates to approx. 0.03399 per share. Despite my error I am still very happy with this result. I also like the idea that AAG has already made a deal with Moz Govt to settle the dispute - it surely has to be for a lot more than just +£21.5M if true. In a few days, after the craziness of fast cash turnarounds are over, I am hoping the true value of this share will be recognised by the market and therafter traded at a more realistic price. GLA.
This is the news us LTH had been hoping for. Despite the disappointments, dilutions and BS along the way this share very much remains a potential multi-bagger. Payments of £2M + £24M will equate to a basic cash share price of approx. 4p ea. I am very happy with that!! Thank goodness my attempted bail out last week failed to go through and I decided to stick with it. GLA
Anything Positve would be welcome at this point in time. Best case scenario? AEG agree to purchase IMM prior to GM, pay £2M to PM, £.5M loan and shares dilution voted against, share price goes ballistic, new business opportunity confirmed. GLA.
Today's Align Research's Top Picks for 2023 contains some hard learned truths about AIM and company management. Does not make for good reading for us LTH of PFP.
No mention on this board of the 2nd RNS issued this morning. There is an unsecured loan of up to £120,000 at 5% repayable in Feb next year for "working capital" while the due diligence is being done. My question is "who and how would any repayment be made?" More share dilution to come per chance?
There is just no pleasing some people - maybe ADVN users can't be bothered to post anymore. I also check their chat from time to time, just in case someone has something interesting to say. Anyway, what are the betting odds on the content of the next PFP RNS : 1. Board resignations/hires 2. Notice of an emergency meeting 3. Stock dilution 4. IMM has received a takeover offer. 5. TZM has offered a cash settlement 6. Litigation company has been hired. 7. Mozambique have offered a cash settlement or another licence 8. BIT claim has been actioned. 9 Anything else.
That's the spirit !! I retain my long time Hold opinion.
If this share is, as you claim, a "no brainer to stay very long" then how come all of your many, many posts state "No Opinion" ???
Yes, I am sure RICHIEBOY666 must be itching for news along with us LTH, assuming he doesn't know what is going on. As a major shareholder though, Align must surely know something to justify keeping their holdings in place. Still no TR1's, despite multi trades of 1,000,0000 shares recently, so no clues there. Patience, patience, patience.......
GLA.
When I see a Buy of 749 shares for £4 this just cracks me up!! Commission Fee would be more than that!! Yet more Fun & Games. Still no news following on from the 14 Million "Unknown" transactions last week. BECOMING A FARCE.
What is going on with this share? Yesterday saw a healthy price increase on no news from previous lows earlier in the week. This morning I see two delayed "Unknown" 7,000,000 trades from March 10th have appeared . Surely TR1(s) next week or an announcement : ideas anyone ???
This Report certainly needs addressing by the PFP Board and an announcement of where we stand !!
Peter Taylor : "In the meantime, we believe Pathfinder can pursue other opportunities in parallel to further our multi-project strategy. To this end we are looking at a range of mineral projects including graphite and lithium where we believe we can create value while advancing the litigation strategy. "
In other words, we are and will consider mineral mining concessions in Mozambique as part/full payment for having our licence stolen!!