Member Info for Mike56

From 2019 doing 42000 oz to 2.5 million going forward appears a big step forward, is there any evidence they can fulfil these targets. This is the only concern I have with these numbers, to be fair if it was the turnover was 10- 15 billion per year 2 things.
You wouldn’t sell for less 30 billion due to year on year profits and dividends plus each year the base price of material is more than likely to increase at least by 10% in view of the need for these PGM.
Secondly I think a JV would be better at these numbers , there would be an initial dividend for buy in. We then get exceptional dividends per year (hell of a pension) whilst still having an increased SP after first years dividend which would have to be at leat 60p per share (more than double current SP).
So which would you prefer on 100,000 shares, initial Special dividend of £1 = £100,000 , SP increases to north of 60p so initial investment now with £60,000 then £60,000 per year for poss 20 years makes a hell of a return.
I am aware these figures can be played about with all day long, I am just trying to have a different view on the sale prices I have seen from 60p through to £19 .
The longer this goes on the more I think we could have done with Alan Turing to make a machine to calculate share price or dividend price

Sorry just re read your post with that from 2019 it abviously doesn’t, there has been reports there is likely to be 1 million oz shortfall this year , think it’s time to buy to buy some more bucket and spades and dig up as much as poss

Tricky57 thanks for that , does that cover all the areas including new venture

Does anyone know in a 12 month period from now with all the areas available Flanks/Normal areas/ New venture area, how much of each material you would expect they would extract. I know it’s a lot to ask but I’m just trying to get a feel the longer this goes on how much profit EUR would look at generating roughly per month.
I am guessing production should be under way any time soon, also is the infrastructure in place to take advantage of extracting as much as possible due to a short fall in materials required by several companies that would normally get from Norse .

This is getting a joke, all weekend had Steady telling us we are all doomed now we have handbags at dawn. Is there no real discussions about the share anymore be glad when the company is sold can get away from these muppets.

Well thanks for that Steady been in the bunker all day turns out the world didn’t end today and EUR are still going

So who will get the shares

This isn’t all of a sudden, there has to be a major announcement for an extra agm could be sale details could JV but it isn’t to say they have changed the cook in the canteen

Just come on to read through today’s posts, especially looking for the ones who had us at 18p tonight well that didn’t quite work out.
And then we come to Mr Schoffields posts, firstly why anyone would admit to spending £42000 on a Peugeot and giving out advice steering investors away from this share before bankruptcy. I sometimes wonder if people actually read what they have put before pressing send. Anyway good luck to the fella I’m guessing he must be worth a fortune especially if you can afford to loose £30000 on a car in 3 years

I have RMM but wouldn’t swap my EUR shares to go full in RMM

To all the posts knocking EUR what other share would you rather be in currently. How many other shares out there currently have no debt material everyone wants a possible purchaser likely to pay big bucks for your shares, opportunity to share in 9 new pits new non exec director from a country bursting to have what we have.
If there is a better share to swap these EUR shares to please post which one and reasons why.

Let’s face it we will either be very rich soon or have a great dividend each year for years to come,looks like win win for a change

Well I checked for RNS until 5.30 and left it, thought I would check out the chat 1/2 hr ago to see we have yet another golden nugget after hours. Now I’m guessing we will have another mad weekend of guesses /wild assumptions and wild variations of prices and dividends. All I can say is this has got to excellent news certainly long term if that’s the way may go.
I am guessing there won’t be much more info until the meeting, one question is how soon we will get feedback from what’s discussed. I can only assume the appt of the new non exec director brings with him many clients just a guessing game whether the current BOD have renewed vigour to mine themselves with current prices and new JV or we have ourselves new bosses come MAY.
Should be an interesting start to the week to see who sells or who buys more, as for me if it drops will defo buy more.
Have a great weekend just don’t want my head mashed all weekend with all the scenarios flying around.

AJWG
all I am saying is if someone said they had a pea rehouse with a potential stock value of 100 billion
At today’s value which is likely to increase in future years why would you value it /sell at 660 million

So let me get this right you agree there may close on to 100 billion dollars in product at the current prices and you would sell your business for 660 million pounds . I am just hoping your not on the BOD

I would certainly take the prediction with a pinch of salt anyone can guess figures such as this, look how much variation there is on the guess of the sale never mind what Palladiam will be in 10 years

Just wondering where the forecast has come from

And so it is the time of year
Clean off the barbi and crack open a beer
Hiding in the garden eggs for the kids
Guys huddled around chatting about EUR bids
When from under the bush a child does scream
I’ve never seen an this big must be a dream
Why is it not chocolate he said so bold
It sounds solid and and hard and looks like GOLD
ooo said dad bring it over here and let me glance
It’s full of rhodium palladium as if by chance
One man says I think it was made in Asia
Dad says no this was made by EURASIA

There’s a lot of us

What you really want is one at seven saying mine has sold each share will be £1, and then another at 7.59 saying April fool sold for £20 a share