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Traders usually don't want to hold over night. Its a shame really as I hoping for a strong finish.
Probably best to do the opposite of their advice or better yet, don't listen to them.
DLA most likely finished everything ages ago. Nothing left to dot or cross. The parties involved are most likely reviewing the contracts which can take a while in my experience as in house lawyers are slow.
Never believed in FOMO until now.
I believe the current average of the hive mind here is around £1+ now. Last year is was around 40p. Ian has a nice list somewhere.
I found this one to be decent:
http://www.cgtcalculator.com
I used it a couple of times in the past and the maths adds up
Oh captain my captain ...
The 10%ers need to cash in their gains.
I think rowka is going to have the last laugh. My guess back in November (ref Ian list) was 42p... I think I was wayyyyyy off.
Ragsrob, it is pretty standard having external council when acquiring either an asset or the whole company. I think most people are leaning towards sale of asset rather than full sale. Who knows.
My expectation last year was around 36p but now I am hoping for £1. Would have never thought it was possible.
Well the timing and offer fits a bit too well...
These RNSs aren't good for my ticker. I get overly excited when I see these.
Dla piper is a global and respected law firm that pumps out solid advice. It is however not a magic circle firm but well-known. I believe now that we have a law firm on board, this means they are drafting contracts and reviewing offers. The end might be near.
Back to 18 and rising, people are too sensitive. I have everything but the kitchen sink invested in this company. (The sink is on loan). Managed to buy some at 17.45 hehe.
Just chill, have a coffee or whatever floats your boat.
Reminds me of RKH back in the day... caught a lot of people out but only lasted a few hours. There has been no new updates so if someone can't handle a massive drop then this share isn't for them.
FYI the new ceo at lesego used to work at CITIC ( m&a sell side). I like a good conspiracy so maybe Lesego is going to put in an offer....
Xia (Jeff) DongCHIEF EXECUTIVE OFFICER
Jeff took over the Chief Executive Officer of Lesego Platinum in July 2020. Jeff was a non-executive director of Lesego Platinum from July 2015 to June 2020.
Jeff is an experienced professional in China's outbound mining investment sector.
He started his career in China's largest state-owned diversified investment holding group CITIC, as a financial accountant. Then after a few years of sell-side M&A advisory career, focusing on China's outbound investment in mineral resources (especially in Southern Africa and Australia), Jeff moved to the buy-side, participated in the establishment of a mining private equity business, funded by prominent Chinese groups from both private and state-owed sectors.
Did anyone notice that they didn't mention the usually... "There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made."... In the latest RNS?
It is also worthing noting that the training wheels/breaks have been removed from production. In the past there was a limit to how much that could be produced annually, now we have card blanc.
We should all be elated that we are ramping up production now rather than waiting for the outcome of the FSP.
"Following consultation with the State Reserves Committee experts and consultants, it was agreed that mining data generated from several seasons of mining operations, combined with the Company's in-house resource database, are sufficient to warrant approval of the DFS encompassing all resources to the mineable category within all the sites of the production license. This removes a significant annual permitting hurdle and is also a cost and time saving development, as no further drilling is required to approve shovel-ready resources on an annual and site-specific basis."
Yeah... demand for cheap shares. I pretty much gave away some of my shares in TRX to bolster my holdings in a different company. Its a bit annoying that II are picking up these shares on the cheap. As long as there is no major announcements we are stuck at these current levels. I still hold several million shares in TRX in the hopes it will double within 12months.