Member Info for Krayl49

Most of the trades are going through on Aquis at the moment.
https://www.nexexchange.com/member?securityid=17530

Hi Tiddlor
Followed you from the EUA board - always interested in these small (very small!) capital companies that can only go up (or out). After my first bit of research my first inclination is to take a punt in the morning and see how many shares I can buy. Would be interesting to own a declarable amount in a company!
Anything you can add to the usual sources of research?
Cheers

I will make sure the other lad gets something. Irony is, he is a Chartered Accountant!

I was lucky enough to get in at the 0.6p level and will do extremely well out of it. But also, a couple of years ago we received a legacy from my father-in-law and we decided to pass it on to our 2 nephews – his grandsons. That was £10k each. One took the money, and the other left it with me to invest. After some successful investments it ended up being split between EUA and SXX. It now needs to reach 80p to make him £1million! So that really would be an incredible outcome.

Looking at Pd resource only, my simplistic reasoning goes like this:
3 M oz Pd in ground
$2000 per oz
$6 billion in ground
25% holding if ValOre does not dilute JAN’s holding
$1.5 billion in ground due to JAN
£1.2 billion in ground
Now take a conservative share value as 5% of the assets. Should be higher as the Pd is easily accessible.
Share value = £60 million
Which is 25p per share (assuming that ValOre does not dilute JAN’s holding)
That is why I am invested here, and all the other possibilties are a bonus as far as I am concerned. I understand that this will not happen quickly but I will keep monitoring and will be prepared to invest big if the market shows signs of recognising the potential.

And also JAN can go in my ISA!

Thanks for the welcome. I have had to put up with some very unfriendly posters on EUA!

That was me getting into JAN

I am new to this share and to this board and am trying to find my feet before investing. My interest is in Palladium, being an LTH in EAU, and a brief but profitable holder in EEE.
I have done some initial research, which some of you more experienced holders may like to pick apart!
JAN has a market cap of £8M which includes a 25% stake in ValOre, which in turn has a market cap of £19.5M. That makes JAN’s share worth nearly £5M.
The Pd resource in the ground is massive, but what could it actually be worth to the company? (the question we have been endlessly discussing at EUA for months) Let’s take a (conservative) stab in the dark at £200M. In that case ValOre’s market cap would increase by 10x. JAN gets £50M which increases its market cap by 6x.
The point I am making is that if a there is large return from Pd is it better to be in ValOre than JAN? The counter argument is that JAN has no costs whereas ValOre will need development money and may end up diluting the share pool.

Comparing with EUA you need to take a few things into account:
- "Monchetundra at EUA is 2mil oz" - it only has the current price because the flanks with 18mil oz are being factored in
- the EEE agreement to buy MunniMunni has not been finalised
- it doesn't matter how undervalued a share is if there is no way of realising the value. EUA are in the process of a take-over or sell-off
Don't get me wrong - I think EEE has great potential - but be realistic.

Got mine this morning into Barclays account.

I too am here from EUA. The one thing to be wary of is that the agreement to buy the stake in Munni Munni is not finalised. Once that is done I will be buying a lot more here. I made a conservative calculation that the Munni Munni stake is worth 17p a share.

The recent announcements have put the option of only selling MT back on the table. This is what I believe the BoD wanted in the first place. They can get a good cash injection and still keep their jobs and hopefully make considerably more money in the future. Selling MT would provide a lot of cash and the BoD would probably choose to put most of it into a special dividend, leaving some for future development. It also provides the opportunity of taking part in cash now and deferring some payment to later. This would provide a larger total amount paid, and would probably be the best for all parties.
I believe that Dimitri would want 50p in cash dividend as he is in at 5p.

Hi Wand
Glad to hear that you are still around and are going to benefit from EUA eventually. Thanks very much for your tip - should make me a millionaire!

Back in May 2017 when we all used the II chat board, Wand_Grabbit was ramping EUA regulalrly on the SXX and various other boards. I took his advice, much to the derision of other SXX posters, and started buying EUA at 0.5p and down to 0.33p. I hope that he also benefitted from the rise!
That is why I never complain about cross-ramping.

All my holding is in an ISA. If the sale is paid for partly in shares I assume (hope) that the shares will also go into the ISA. Does anyone know this for certain?

I have to admit I am an opportunist here. I joined PrimaryBid when I had to with the appalling TRX fundraise (0.25p offer when the share price was 1p) and now invest when there is a large discount to the share price.

The shares will be admitted for trading on 16th July. Last time I bought through PrimaryBid (TRX) the shares hit my account about a week after the admission, although some investors got theirs earlier. So it will be nearly a month before the price settles.

I requested £2k and have received £1540 at 5p each.

"(not that I often pick a bad stock)"

You must be very, very wealthy if that is true!