Member Info for mac4671

Question about this JV -

https://www.angloamericanplatinum.com/media/press-releases/2019/15-07-2019?fbclid=IwAR3vXG8WpfZMIIEDMvGSlDbMHGuRcnab6WjcUsVya3ddNZIrJlUe9WQZzYs

A member of the audience answered with -

"Lion Battery project successful with Li-sulphur next gen battery design using 8-10g Pd as cathode layer to 500 cycles (Target 1,000+) with 4x energy density vs Li-ion."

GLA

It has certainly been very entertaining since the bank RNS in oct, it was a rather quiet board up until then.

I'll miss TDT, he has been here for years and has been by far the best researched deramper, a lot of the others are like school kids in comparison, but like everything else it all has to come to an end at some point sadly.

The well researched investors who joined have provided some extremely good posts throughout, and i'll definitely miss seeing such dedication and accuracy with what they post. Some of what gets dug up, so to speak, is pretty fantastic tbh.

There is nothing to ramp here, the assets are what they are, previous drilling and geological studies tell everyone what's in the ground.

Roll on the 'BIG NEWS' day and that journey into the sunset with oodles of treasure!

GLA

Sorry dog, i missed your comment.

What if the PGM quantities were of a similar amount to catalytic converters?. Could be more, could be less, but that is what anglo have started looking into.

I believe in any situation that money talks, so if companies want to help create technology that will create further demand for their wares, then there's a good chance that it will indeed materialise.
There is the chance that it won't also, so i guess we'll just have to wait and see with this one.

GLA

It's past 7 months from the bank RNS in oct, so again i feel we're in the sale/sold window quite comfortably.

Dmitry did state in an interview that they wouldn't be rushed, hard negotiator and will of no doubt played a big part in securing the best deal possible.

If it is just MT the hold up would be the approval of the flanks license if 15Moz, or perhaps even the license arriving, if that's the figure they've used in advertising the sale and in negotiations.

GLA

In terms of mining they were a minnow holding large asset licenses.

GLA

Everywhere you look says pretty much the same gfd, average time around 7 months gets mentioned a lot.

GLA

The 6 - 12 month window still applies gfd.
This started in oct last year, we're in the sale window, simple as that tbh.

We were/ are just a small company, it was the bank RNS in oct that started the mcap increase.

GLA

Even if it's just MT being sold, i would apply this time frame from oct -

"Most business brokers in the industry agree that it takes between 6 and 12 months to sell a company."

https://exitadviser.com/mob/article/long-does-take-sell

GLA

The other thing to remember weredoomed, is that this all start back in oct so a lot of time has passed since then, we're into the final stages, execution stages imho -

"We are also delighted to welcome Iain to the Board, who as a qualified lawyer and M&A practitioner will strengthen our execution team, while we are making progress on our M&A plans."

GLA

For someone like NN it would be very straight forward, they're forever assessing the market and creating future forecasts on metal pricing etc.

GLA

But demand for platinum and palladium will also come from EVs at some stage also -

http://www.platinumgroupmetals.net/Lion-Battery/default.aspx

GLA

Petrol and petrol hybrids have plenty life left yet, diesels will be the first to disappear.
I can see many countries following what is happening in chinas car industry also, people buying cars so they can stay socially distanced throughout this pandemic, as fear will keep many off buses and trains imho

GLA

That's a very thorough and accurate response alta, nice work!

GLA

I think fuel cells will create demand for both platinum and palladium -

https://www.frontiersin.org/articles/10.3389/fenrg.2019.00066/full

GLA

That's a good way to look at it peter, there's a clear reason why he's still here!

Everyone had the same opportunity to sell prior to any suspension, and at a huge profit if he has been in as long as he's been posting on this board.

GLA

that we'll sell the current assets -

"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it.



At this time, however, there can be no guarantee that any transaction will occur and/or that the Assets will be sold."

But then move onto new assets, or should i say go back to previously explored areas and do the same -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x4q88kr

Volchetundra

To date, 12,192m of drilling have been completed on the Volchetundra Licence.

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x55ym2x

That is just my personal opinion, but we'll see one way or another at some point in the future!

GLA

Just remember the song, the shorters hate the LTHs song lol

we're going to be rich, rich, filthy stinking rich
we're going to watch, watch, watch those shorters burn
We're going to be rich, rich, it's time for our turn!

GLA

It's all in RNS -

"CITIC Merchant provides M&A advisory"

"This Company's discussions on its projects have continued with potential buyers at and after the global mining conferences of Indaba and PDAC"

"The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month."

GLA

I think what people need to remember is that we're not at the start of all of this, that was back in oct, and as such each stage requires certain expertise.

We're on the home stretch, the execution of the deal stage, it's pretty much there in black and white in the latest RNS. The home stretch requires the legal paperwork for any transaction, no paperwork = no deal, therefore no paperwork = just discussing. Imho

GLA

I wonder if we have arrived at a certain window -

"Most business brokers in the industry agree that it takes between 6 and 12 months to sell a company."

GLA