Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Try Β£'s, pence too low in a years time....π₯
So, it looks like if you are here for a few wks/maths pence will suffice, and if your in for yrs, pounds is the name of he game...π Nice deviding line to determine longs and shorts...
Really putting himself about.....π Starting to grow on me (must be the Spring)....πͺ΄
https://www.linkedin.com/posts/savannah-resources-plc_mina-de-l%C3%ADtio-de-boticas-vai-pagar-mil-milh%C3%B5es-activity-7176912285108486144-z5j6?utm_source=share&utm_medium=member_android
Done and dusted....π
https://news.cision.com/nordic-mining-asa/r/nordic-mining-asa--en-expand-nom--nordic-mining-wins-against-amr-on-all-counts-at-the-supreme-court,c3949620#:~:text=After%20full%20oral%20arguments%20before,AMR%20is%20at%20an%20end.
Win outright for us and cost to be paid by AMR. This could easily double now in the short term, and progress further as we move towards production....π
And dusted....π
https://news.cision.com/nordic-mining-asa/r/nordic-mining-asa--en-expand-nom--nordic-mining-wins-against-amr-on-all-counts-at-the-supreme-court,c3949620#:~:text=After%20full%20oral%20arguments%20before,AMR%20is%20at%20an%20end.
It would be fare to assume this could easily now double in the short term....π
Phew....what a drag. Now surely all the required discussions for grants, loans etc were done in parallel and ready to implement?
https://www.consilium.europa.eu/en/press/press-releases/2024/03/18/strategic-autonomy-council-gives-its-final-approval-on-the-critical-raw-materials-act/
TomC - while I absolutely love your enthusiasm and logic in your strategy, can I query your 'worst case scenario'. As you take the management guidance at face value, do you not also take their 'fair market value' declaration at the same face value?
Based on the Keliber buyout by Sibanye-Stillwater, of which has been quoted as a basis of any buyout in EMH's case, there would be multiples of 10's (*15-30) to the current value. And you think that's worse case, please enlighten with your thoughts of best case as you may just give me a good reason to look beyond my hold period of March 2026?
Thanks Tom & GM for your input....π
It is getting very difficult to maintain confidence levels in this project, in the main, because the lack of information (honest updates) drains the will to believe. So what if the DFS has been delayed for the betterment of the numbers, so what if NDA's prevent giving details of offtake discussions. THIS DOES NOT PREVENT KEEPING US IN THE PICTURE....π€
BobT, sort of agree, and also think a miss is priced in. So much for my outside bet on DFS for 21st...π
But to be honest, just like last RNS, in my opinion there has been little effort put into this and it beggars the question - what is our management being paid for? I mean, come on, what happened to the offtake pre DFS for instance? How many off takers have been shortlisted, have they started / complete due diligence etc?What plans have they in place for the 49 million pre construction grant. And instead of moving office in π¦, why didn't they move to Cinovec. Seems more and more like a lack of commitment from EMH, alternatively competence comes into question....π€
Sf, I've always liked a punt on the outsider, in fact my main bet at Cheltenham today is Killer Kane at 40/1 (defo not investment advice)...π€£
And to answer your question - it has taken around a year since DRA took up the mantle, do you not think Geomet et al have not been reviewing throughout this process? How did they know there was "thousands" of pages in the DFS?
My impression of the extension was always that it was a dotting(i) and crossing(t) exercise only, and that the additional time was more for the final review process. Then again, my bets very rarely come in, but when they do....π₯
Rpk, me being a betting man (or I wouldn't be here), my stake is on the DFS being issued before the CEZ report on the 21st to allow them to incorporate the FID in their document. Could be a big week IMO (forever the optimist)....GLA π
MrC....or 4) they have a Confidentiality Agreement in whatever they are negotiating on (merge with Zinn, sale to Skoda or CEZ at fair market value, JV with OEM, additional investment EBRD / EIB, EU funding / grants, Czech Gov grant.....etc)
No news is good news, at least that is until 1 April.....π€£
Cheers Col100, if I were a betting man(π€£)....my money would be on Skoda to take our share at fair market value based on the Keliber sale. That would create a Czech JV for the full ownership. And based on the Keliber formula, we would all be thinking of retiring....π
But, that is only if CEZ wanted rid of EMH, and there is no sign of that at the moment....GLA
Absolute rubbish Mr happyπ
No sane shareholder would accept a lowball offer when in receipt of a potentially exceptional DFS....π€£
And besides, CEZ will have a large say if we wished to sell up, including rights to first offer (and we have the right of fair market value). This alone blows your theory (conspiracy) out the water.