Member Info for mac4671

"We believe that Monchetundra will increasingly appear on the radar of major mining companies looking for quality tier 1 assets. "

They were right!

GLA

The valuations were done before the MT license arrived, so had risk in, they were also done before palladiums newly found highs. The other thing to note also, is 15Moz was never valued in either.

It would be interesting to see a new and updated optiva report, but i don't think we'll get one. Sale news is coming, the latest adviser position points to it not being far away imho.

GLA

Thanks jayke.

GLA

Does anyone know what the tax implications would be on the proceeds of an asset sale. What tax would eurasia have to pay on the sale of MT for example?

GLA

No problem mate, it's always best to be as informed as possible when you've got your money on the table!.
Looking forward to seeing what happens here this week coming.

GLA

Nennyb, you can't help but be excited at this stage, the BIG news could land at any point.
Like beast says, there have been a few of us here buying for some time and building our holdings in the lower sp days. We had researched very well back then and its what gave us the confidence to being doing so. All that has happened in real terms since those days, is that the company has got in a stronger position, they have, as beast says, played an absolute blinder and you can not deny that.
No matter which way the forked road goes, the company is set to make large sums of money, production or sale!

GLA

It is about time he just accepted that he got it massively wrong, he would at least get a little respect, everyone makes mistakes TDT, it's ok!

GLA

He used to say all the same things in the 0.2s haha. Like a stuck record, its multibagged and he's still stuck lol.
You couldn't make it up tbh!

I can confirm that he has been here for some time, very very persistent.

GLA

The friday to friday up trend of the last few weeks would do me until sale news lands.

The accelerator clause will be done and dusted on tuesday, so it will be interesting to see what happens at that point!.

GLA

Nice article easy, i like the over$2000 prediction for the same time next year!

GLA

Its been game on big style, since this article, they have a dollar or 2 to spend on expansion of palladium production -

https://www.ft.com/content/c5a68936-fc83-11e8-ac00-57a2a826423e

Can you imagine receiving a mining license for a palladium rich asset shortly before that news dropped? lol

GLA

Go to tradings provided link, and you can see VTB have been the centrepiece of many a deal already -

https://www.scmp.com/business/companies/article/2120571/chinas-russian-buying-spree-continue-says-leading-moscow

GLA

Include the whole bit sw1000, and you can see how citic could be a potential buyer - The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play".

"prepared by VTB"

Tis lovely.

GLA

They will of done their DD, and with 15Moz, multiples of the pined tweet valuation is realistic as a fair value for the MT asset. Just MT, nothing else, if there is an interested party in WK then so be it.

It's a very comfortable share to be in at this stage, everything is win win from here!.

GLA

"mining output has lagged behind demand for years."

So the solution is to increase mining output, to achieve that you need palladium rich assets, does anyone know where we can find any of those? lol

GLA

Seems like you took the correct action. I have said all i wish to say to him myself now and so will include him in my filter list.

You're right.

GLA

Sorry ginger, there are laws in place for certain things he is trying to say regarding the BOD. I do hope that he is able to comprehend that, at the very least!.

GLA

I never called you a child, i have merely suggested that you lack comprehension, which is clearly the case here.
Your totally unsubstantiated claims regarding the BOD is clear evidence of this. You have real problems fella, it's clear to see.

GLA

Perfect asset, perfect location, perfect demand characteristics, can i say PERFECT one more time, ohhh i think i can lol

GLA

Nice find trading, and so it will be!

GLA