You couldn’t make this up!
NICKEL Price
21,482.44
+749.94+3.62%
81.28p for me please 🙏
This makes a huge impact to the overall viability so I would like to think so but at the same time I don’t want to get overly optimistic as we’ve been through a lot here.
It really does matter
NICKEL Price
21,066.70
+1,731.70+8.96%
There’s More …..
NICKEL Price
20,970.92
+1,635.92+8.46%
Am I seeing things WTF
NICKEL Price
20,854.15
+1,519.15+7.86%
And now Nickel making great gains, you couldn’t make it up!
LME Nickel
19797.00
10,662,766 bought yesterday and probably the same today 🚀
80p close would be great 🥳
@KRSS , I hope you’re right and we all get something back
Can I change my Friday prophecy 😂😂 👆
As part of our proposed merger with Three UK, Vodafone has committed to providing 5G SA technology to 99% of the UK population by 2034. Scotland, for example, would gain £9 billion in productivity benefits as a result of 5G SA, thanks to improvements across healthcare, education, agriculture and business.
On completion of the merger I reckon £1.25 will be an easily achievable …..
@KRSS, US$418 Million Debt excludes Cost To Complete, it also excludes US$85 Million owing to creditors and also Excludes additional loans from cornerstones and excludes ramp up so give or take US$100 Million someone needs to have US$1.2 Billion, even if someone thought they could shave a bit off the CTC of US$600 Million I reckon it’s still in the region of a Billion +
If Nickel hits all time highs tomorrow then someone might take another look but it’s highly improbable
We’ve all lost here …..
Unfortunately CTC is $600Million + Existing Debt so probably over US$1.2 Billion with ramp up etc etc, I find it extremely difficult to believe we were 65% - 70% completed and require $600 million, it looks like money has gone missing but as we haven’t been given a breakdown of where the money has gone we will never know.
Blame the Nickel Price, Incompetent Management and Dishonesty and not necessarily in that order
Absolute Disgrace!
I think for shareholders to expect anything back now is beyond a pipe dream, Nickel price would have to hit at least $25,000/t , 50% tax’s Globally on dirty Nickel and 50% Tax’s Globally on Chinese Imports, if all that happened tomorrow potentially a buyer might appear & make an offer for HZM
I don’t see any of that happening tomorrow & unfortunately HZM appear to have run out of time now.
I can’t believe there is still a short position showing? They’re going to need a Massive box of tissues if they don’t close it ……
What exactly does this mean:
“options include financing at the subsidiary level”
Surely if they were to finance at a “subsidiary level” HZM would remain intact or it could be considered insider dealing ?
Any thoughts?
When the 3 Merger gets the green light we will be trading over £1 + +.
Exciting Times
The Merger of Vodafone UK and Three UK to create one of Europe’s leading 5G networks will change your figures Drastically!
Great Investment Opportunity Here …….
1/3
RNS Number : 0389T
Panthera Resources PLC
12 November 2019
Panthera Resources Plc
("Panthera" or "the Company")
Rajasthan Writ Reply Filed and RIM Financing Complete
Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to announce that the Government of Rajasthan (GoR) has finally filed its reply to the Writ petition filed by Metal Mines India Pvt. Ltd (MMI) on behalf of the Bhukia Joint Venture (Bhukia JV). Additionally, Panthera has received the final tranche of its recently announced £500,000 financing from Republic Investment Management (RIM).
Highlights
· The GoR has finally filed its reply to the Bhukia JV's Writ Petition that was lodged in September 2018 bringing another government delay to an end.
· The GoR's reply raised no new matters and again relies on three weak arguments that have been repeatedly raised and previously rebuffed by multiple tribunals, committees and courts of India.
· Panthera will now prepare a rejoinder to the reply, which we anticipate will be lodged later this week, following which the matter will be up for final hearing and issuance of a judgement.
· While we are optimistic of a near term date for a final hearing, the current overloaded state of the Rajasthan High Court (Court) necessitates caution in setting expectations regarding a final resolution date.
· In other positive news, Panthera has received the final £100,000 of the recently announced £500,000 financing which was negotiated with Republic Investment Management (RIM) and priced at £0.10 per share.
Geoff Stanley, Managing Director said "We welcome the response from the GoR even though they are putting forward redundant, previously rebuffed arguments, as it finally allows the Company to file for a final hearing and bring this matter to a conclusion. With the way now clear for a final resolution to the permitting of the Bhukia project we are optimistic that exploration will soon recommence, and the 6.7 million ounces gold resource calculated by the Geological Survey of India (GSI) can be drill-confirmed and brought into alignment with the requirements for JORC and 43-101 compliance. The completion of the RIM financing will assist in maintaining a prudent balance sheet. "
Writ Petition Reply
The GoR has filed its long overdue reply to the Writ Petition filed with the Court by our JV partner, MMI. It is a disturbing fact that the reply took over a year from the filing of the writ petition and almost six months after the Court ordered the response to be submitted within four weeks. The GoR has now also filed an application to vacate the prevailing Stay Order, passed in the JV's favour, preventing the GoR from dealing with the area covered by our Prospecting License (PL) application.