Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
If you’ve got balls to hold then yeah
If not don’t cry come Monday morning
I doubled my holding at 13p absolute gift I ant believe it’s still at this price tbh
Good luck if news drops Monday good luck getting in
Bringing it up bit by bit
Doesn’t really know how to value this yet. No flanks, no offer yet so how can they? Smart money knows this and they’re mopping the shares up. Gifted opportunity to be able to buy more at this price
Why now come out of suspension? To facilitate a deal? Perhaps the takeover panel has demanded they do so? The bod is clever I can’t see them coming out of suspension unless they we close to an offer they would find a reason to stay suspended they’ve done it before.
Huge buys yesterday tell the story can see the breaks coming off once these big orders are filled
They’ve prob been told to come back to market to facilitate an offer under the takeover code. Wouldn’t be surprised if the offer rns is inbound
I agree can’t see them unsuspecting now if no offer was forthcoming yet
Tommorow I rekon
So the valuation everyone is putting on this is based on the palladium reserves it seems a lot of people have forgot what other metals are in basket an of high value
Wonder what’s going in that blank spot
Does this mean you’re going to stop with negative posts and deramping now you’ve bought in?
It won’t be low on opening and if they do they need 30% it’ll make the sp rocket
Also we are not desperate to sell if they get low balled the well just continue on ourselves. I don’t think it would of come this far of low offers we’re being tabled. Have to remember the bod have a lot of skin in this too they’ll want good money just like us
Thing is tricky how can they take us out on a hostile if we’re suspended. If we hadn’t been suspended then I can imagine the Mcap would be much higher now. So in my view it’s irrelevant
Last major hurdle before we look at taking our 20% stake.
Went from 6p to a peak of nearly £5 wonder if eua will beat them
Previous NDAs remain in place, therefore cannot clarify the situation with Citic due to the continuing NDA that’s in place. Therefore will remain suspended till a formal offer is made. Doesn’t take a genius to work it out
So reading the rns they say that the extra 25Moz may not be economical, so they’re saying that the 15moz including the flanks is! That’s huge so the sale price will be based on the 15moz proven, maybe why precision are involved?
This is huge especially with PD hovering around $1900
Low extraction costs, open pit
Oh my this could go for a few billion! No wonder multiple parties interested