Member Info for mac4671

https://www.theguardian.com/environment/2018/sep/17/germany-launches-worlds-first-hydrogen-powered-train

https://www.youtube.com/watch?time_continue=6&v=eTm_P2v3gzo

GLA

It will have to be valued somewhere around the construction cost at some point. If it costs X amount to construct it is therefore worth X amount.

GLA

Oh so it is what it is!. Was wondering when i spotted this.

GLA

71.1km squared is quite a large area!!!!

GLA

https://youtu.be/SQAhW8FmRv4

GLA

There's definitely something going on. Things have been bizarre for quite some time between bcn and cadence!.

Hope it ends up positive in the long run as i've got tired of watching the sp drift away to nothing here.

GLA

£14.93m. Surely they cannot still value the company at that level with the hard copy of the 20 year mining license in hand??

GLA

. . . seems quite reasonable tbh.

GLA

"The Company hopes to emulate the contract mining arrangement utilised at West Kytlim, the Company's operating PGM and gold mine, by contracting the mining operation, for a percentage of gross revenue, to a reputable international specialist company with experience in Russia, while maintaining ultimate control and ownership of the project."

It's a good RNS and palladium price is holding strong above $1200!

GLA

$27 between the 2 now!!!

GLA

.... up at $1191, about $32 less than gold!. Ohhhhh what a time to have a palladium rich asset chaps!!

GLA

https://www.bbc.co.uk/news/uk-england-berkshire-44711454

GLA

Wed, 13th Jun 2018 07:00
RNS Number : 1669R

'Off take agreements prepared by both Sinosteel and Glencore International, to be finalised and executed at the Company's discretion, although there can be no guarantee that these will be executed.'

'Discussions continue with other third-party service providers regarding the running of the mine at Monchetundra. The Company hopes to emulate the contract mining arrangement utilised at West Kytlim by contracting the mining operation to a reputable international specialist company with experience in Russia, while maintaining control of the project, for a percentage of gross revenue.'

Plenty news to come in the short term to keep the sp heading in the right direction hopefully!

GLA

Just click the view publication tab and away you go.

GLA

https://www.researchgate.net/figure/PGE-Ag-and-Au-minerals-in-ores-of-the-Monchetundra-deposit_tbl1_225532839

GLA

....go and see the waterfall at some point, in a few bags time!

https://www.kolatravel.com/monchegorsk_hiking_waterfall_excursion.htm

GLA

He's like a midgie, no greater and no worse haha.

He was here when it was down in the 0.2s and claiming the company was going under etc, i'm glad i used that time to average down and build my holding. Only value to be added from here and it's still very much under valued.

GLA

What value do you put on it when they draw down $50 million and construction work begins from sinosteel?

Is that value above todays current value?

Perhaps the rns which states that they have drew down the $50 mil will be the trigger. Either way, as long as it continues to progress like clockwork as it currently is then the sp should end up well north of here!

GLA

I agree beast, advfn has been pretty bad today!

Under rocks is where i presume they come from lol

GLA

Nickel should do very well -
"Tesla uses a formulation called NCA (nickel, cobalt, aluminum) that is already very low-cobalt."

https://www.theverge.com/2018/6/21/17488626/elon-musk-cobalt-electric-vehicle-battery-science

GLA