Member Info for Krayl49

In the current situation the BoD cannot buy or sell shares, but does that apply to a rights issue?

Tigra,
Thank you for your apology.
You state 'I have lots of personal experience in the charitable sector and working with NGOs. They disgust me'. You clearly have had some bad experiences with working with charities, but please don't damn them all because of it.
Most of us on this board are in a very priveleged position and we should do our best to give something back, and that should perhaps be, as others have suggested, by giving to a local good cause that you know.

In Tigra's post:
" some creature turned up out of the blue virtue signalling telling people on here to donate to a specific charity and post their pledges online so everyone can see and shame them if they don't follow through."
That was me. I am a long time holder here, and if you read my post you will see I was making a perfectly reasonable request that people put some of their profits into charity of their choice.. Do I really deserve such criticism for making that request?

A lot of us are going to make (or may have already made) a lot of money out of this share. I would like to ask you to pledge to yourself that you will give x% of the profit to a charity of your choice.
Some will want to keep any donation strictly private.
Some may find that writing a pledge on here will help remind them to make the donation.
Some of the views expressed last evening on this thread were contentious, even abusive, but no matter, I simply want to encourage you to think about it.

My aim is to get people who make a large profit to think about donating to whatever they believe in. Some like organised giving, others don't.

I encourage people to give part of their profits to charity and I get hammered for it.
Really?

From previous postings I have seen that there is no appetite for any organised giving to charity. I am therefore simply asking that each person who makes a profit from the Herculean sale pledges to themselves that they will donate x percent to the charity of their choice.
You may want to record it here so that your pledge is in writing and you will then be more likely to honour it.
I will start the ball rolling by pledging at least 3% to a food bank charity such as the Trussell Trust.
If there is any desire to organise a charitable giving then I am prepared to volunteer.
I also promise to annoy everyone by continually repeating this message.

I think that Rosgeo must know what is going on - they could be included in the NDA - otherwise they would not have chosen EUA to do a JV with. They must know EUA has the finance to develop the JV.

Rosgeo must know the outcome of the Sale process and know that EUA will have the cash to finance the JV. That to me is the most important point of the RNS.

104Moz Pt @ $1177 per oz is $122 Billion. As you say, we haven't bought all that!

I can't believe that Rosgeo enterred into a JV agreement without knowing the outcome of the Sale. There must already be an agreement even if the final Sale contract has not been signed.
If the whole company is being sold then Rosgeo must be happy with the buyer, but more likely the Sale will be of assets, leaving Rosgeo in a JV with EAU, who will then have the cash for development.

Shezer
I like your reply.
It does seem possible that they will sell just MT and be left with a very promising company for further development.

Just seen the news and made some attempt to read through the hundreds of posts on here since.
Apparently positive, but if EUA have only paid half a million can it actually be of any significance?

I have always reckoned Dimitri would want a 50p dividend or first payment as he is in at 5p, and then there could be some more complex arrangements after that.

To rephrase Mongooser's post slightly:
$1,000,000,000 divided by 2,758,701,681 = 0.362
So 36.2cents/$Billion
Divided by 1.39 = 26p
So 26p share price per $Billion bid

Someone has just bought 8.5 million shares (3.3% of the company) - with no effect on the price!

Dcat - I am all for your approach at trying to push the price up but... At various times on different shares I have studied L2, then bought - and had no effect at all! Do you have any insight on how to influence the price?

Can't give you a definitive answer but I understand that brokers do tell HMRC their deals. As to whether HMRC will chase a small amount - that's your gamble. I hope EUA gains are not small! My advice is move everything to non taxable such as ISA, and declare the rest.

Hi Dcat
This is probably my second favourite share (after EUA) and I am looking to add more. I am interested to know why you don't add more now. Does that mean that you think it is going to drop and you will buy then?

Valore have just issued a positive statement about PGE reserves. May not have been good timing selling Valore shares yesterday!