Member Info for mac4671

Quantitative easing from the FED. Apparently germany is going to follow suit.

GLA

Recovering strongly, $2005 as a i type this -

https://www.apmex.com/palladium-price

GLA

I live by the seaside tilly and they have indeed flocked to seaside locations. It has been as busy as a bank holiday weekend where i am. The shop shelves are empty.

Ignorance is what will spread it like wildfire!

GLA

Low cost for extraction is even more important at the moment.
Once this virus passes through they will be wanting to get straight into action supplying the market ASAP, and at a minimum cost.
The deficit hasn't gone anywhere, its just paused, so if they can get it up and running while the virus is going on then they have managed to buy some time imho!.

GLA

Lets all remain calm and civil!.

GLA

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html

GLA

https://www.bankofengland.co.uk/news/2020/march/coordinated-central-bank-action-to-enhance-the-provision-of-global-us-dollar-liquidity

GLA

It's a temporary drop, the deficit still remains. and so does the global fight to lower emissions.

I don't think the high peak or indeed this drop will of made any difference to negotiations as they've been going on for months now.

Every day is a day closer to the end game!

GLA

Afternoon, i think that all the time ian but i'm stubborn and always like the correct information to be out there.

GLA

Lets look at the original engagement RNS from oct shall we -

"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."

"The Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an alternative asset transaction superior to those outlined in the announcement of 15 September 2019. 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. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play"."

GLA

People can't figure out what's going on, oh give it a damn rest. Since the suspension we have had this -

" The current negotiations are primarily related to the interest of partners in acquiring assets belonging to the company itself " said Mr. Churakov

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

https://www.kommersant.ru/doc/4261491

GLA

The rumours are certainly getting amusing!

GLA

Seems yesterday was the bottom. Recovery has appeared to start today, we'll have to see what next week brings!

Bargain territory for palladium?

GLA

It's temporary, the deficit is not.

GLA

For the stubborn -

" The current negotiations are primarily related to the interest of partners in acquiring assets belonging to the company itself " said Mr. Churakov

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

https://www.kommersant.ru/doc/4261491

GLA

No linky, no righty lol

GLA

Beg?. How to disprove something the fastest way punter ;)

HLA

Any link to such social media posts?

GLA

Wolster, it's ok, if you provide me with an address i will send you some of these to help you deal with your current emotions -

https://www.wish.com/product/5d7d0b0193127f279cf38849?hide_login_modal=true&from_ad=goog_shopping&_display_country_code=GB&_force_currency_code=GBP&pid=googleadwords_int&c=%7BcampaignId%7D&ad_cid=5d7d0b0193127f279cf38849&ad_cc=GB&ad_curr=GBP&ad_price=28.00&campaign_id=6493229882&gclid=Cj0KCQjw3qzzBRDnARIsAECmrypft2iwnqYrNjeb5PkQXe4D19MPeLMcvek1tM-KfugLC1gaca2QKrQaAtohEALw_wcB&share=web

GLA

It might turn out that this is in actual fact your biggest safety net, but i guess we're just going to have to wait and see.
I'm stuck here just the same as everyone else, but i know one thing, and that is investment banks and investment bankers know what they're doing when it comes to investing, they're the professionals in the area. So if i can't trust professionals of the subject, then who else am i supposed to trust?

GLA