Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
My hunch is that it will be a joint venture with NN and their shares for ours. I find it difficult to think that Russia will allow say the Chinese to have us. This way Russia controls the price of what are very rare minerals and much needed worldwide.
Hi A1EX
In my opinion you were right to reveal what you found and well done.
After all the BOD do not own the business .We do the shareholders and what is found out ( in this case by you) will keep the BOD on their toes . But I do have full faith in the BOD.
Plface. If you follow this board and cut out the drivel and concentrate on the excellent research done by a few and use values that are current then 20 billion is very feasible . But do your own calculations . As I have said and qualified it is my view .
Hi Rowka
Thanks for the information. Credit to you as I have said before I come at this from a business angle and when UBS came on board this in my opinion meant this is going to be big. My guess and only a guess but I think we could be talking about £20 billion for the sale.
Mac . Rowka mentioned the paper prepared for the government and they estimated 717 tons of Rhodium .
Rowka had previously deferred to NKT ? Their report shows the tons.
Yes as I recall Demitry did refer to Rhodium but what I do not know is if that acreage( part or whole) is within our domain? If it is then if Rhodium is $7000 an oz . ,that is huge !!!! I make that $176 billion at say 8% to us is $14 Billion plus the rest. As I have said before UBS are not on board with an Aim company unless it is huge.