Member Info for MadChatter

This should be trading far, far higher on the last couple of rns. I'd say 0.5 minimum.

Please tell me nobody is actually bothered about 60m warrants? Less than 3% of shares in issue. I mean seriously guys

In summary, for those curious why this is jumping, Russia (Putin) has green lit a massive infrastructure project that will be of direct benefit to AMC. Which AFAIK makes a probable sale significantly more likely now.

Said it before and I'll say it again. They have one hell of a lot of palladium, in addition to other rare earth's. This is the last significant play that has not been gobbled up by a major.

This *will* sell, and it will sell for at least $500m

People can do want they want, say what they want, but simply buy and hold and come back in a couple of weeks this could be nearer 6 maybe 7p.

But I care little what you all chat about here. Let the warrant holders sell for their pocket change and follow the big buyers here.

And yet they have said multiple times they have no intention to place.... And soon prepared to give away £50m to shareholders.... So obviously not skint then

Should gap up on open minimum 2.8p

I've not posted much on here during this rise, but all these weak willed people cutting their money in half are forgetting one very simple fact.

The 2m oz that is 100% accepted as factual quantity by every potential buyer, regardless of any licenses or flanks or anything this is going minimum to 5p purely on that alone!

Just buy and hold. This really isn't complicated people.

I'm sure in the voxcast he said something along the lines of. A place an hour away got sold for £7-800m cash, and that's along the lines of what we're benchmarking against.

Not verbatim quote

40 to 50m oz, if they got a deal even vaguely pricing any if that level in this is 50p plus here Imo.

Also, in light of the deals referenced on the podcast, they appear to be a few big all cash deals in there. So eua get £750m direct from Chinese etc, lose asset, then presumably acquire something else and also give one hell of a special dividend.

Eua bod would rns an offer say £750m, they'd then state whether they would support this offer to shareholders. If they do a general meeting called within 28 days to vote on it. During which the share price would rerate overnight to something pretty close (but close enough to allow for the risk the vote won't pass). Also, very quickly after other offers might come in.

Just a contrasting view point to consider.

People saying 15-20+ million oz, = £££xxxx.

The only official measured resource here is £2m oz. Those will be priced at the appropriate rate (be it 4% in ground as some people say). The other 13m oz i don't know, is that jorc standard inferred? I see references to old mining reports.

Anything beyond this I've not even seen anything outside this interview.

My point is, people need to apply appropriate prices to the 2 very different categories.

And yes, I am invested big for me here, 0.75 average.

I'm going to guess an opening of 1.3p. Clearly there was a substantial amount of selling here, and some of it wasn't warrant holders. So it's not going to be a huge gap up. Imo.

I think an inferred resource of 13m oz should at least attract something in the valuation here.

You are right that they cannot value it the same as the 2m oz already proven.

Let us all take a second to send our condolences to those shorting this, for their money they are going to lose.

The actual deal will not take years. And if they announce buyer opening bid next week (hypothetically) I'm sure the price will rise so fast nobody will care in the short term when it completes. Remember that the price of palladium is jumping by the day....

These warrants that everyone is referring to, who are they with? As far as I can see the remaining warrants were converted debt for equity back in September??

Next week?? The rate this is climbing they will be rns today on this.

There will very likely be an rns today, simply as they have to release the results of the meeting right? Could tag contract news on that.

I reckon a wobble to 19p on open, then within half an hour when people see it's not going to plummet it'll jump to nearer 25. Hopefully close around 30. Imo