"On reflection" Captain it is all guesswork and speculation at the moment as it is with many stocks and shares, no one will know anything for certain until announced via RNS's. It does appear convincingly clear to me after listening to the latest interview that a partial equity raise seems inevitable, again unfortunately, so waiting patiently for further announcements. GLA.
Ojay, I too would prefer PM to move forward without additional shares issued, if it has to be then so be it. 109m shares is going to be better than the full 20m dollar amount required, I'm still very intrigued as to whom the big player is going to be, I'm convinced it will be PC to also take us forward this year. With the politics of Mongolia coming to the forefront soon (of which I know little about but thanks to spainish I know more than I did) as well, hopefully we can get all licenses and permits in hand and really start to see PM on the up. The next few months we will all have a better idea of the plans that will be played out. GLA
Converted £ to dollar 109m shares is better than the full 20m dollar amount that is required, seems inevitable to me now equity is going to be a part of this year's plans, unfortunately, good to hear that maybe Fox and the raptors are still on the cards for 2021, still the long game for me. GLA
(25m mcap) Divide shares in issue by 5, 134m, to get £5m at 3.5p = 145m shares to issue? and whatever pound to dollar exchange rate. That's if equity route is taken, could be more, could be less,i would prefer less, can only wait and see, GLA
Was it not stated up to the end of the first quarter, but would be happy if it was more or less straight away (laughed at and not kicked out)?? I don't recollect any time frame set in stone for the granting of the exploitation license. But the sooner the better I would have thought. GLA
Interesting to know which one of the big boys they are targeting to bring in, if they do? Just listened to the presentation again, all sounds very positive to me, so expecting news soon especially for the exploitation license, which I believe will certainly get things moving along nicely, just hope the Mongolian government don't drag there heals to much. To be producing mid 2020 :-)) and hopefully Heron 2,3,and 4 onstream too, what's not to like, GLTA.
Does Mrs Mike Buck have any words of wisdom that could be passed on from her hubby :-)) I feel any news due when it does eventually drop in will give one or two of us the belly flutters, starting to get the old anticipation feelings back again. GLA
I think we all understand your frustrations Manro the bigger picture tells me that we just need to be a bit more patient, another couple of months and I'm sure we will all be in a better place, I for one am really looking forward to the journey ahead, and a very prosperous one at that. Hang in there buddy I'm sure we will all be rewarded eventually. GLTA.