Member Info for Mike56

If Hoochy is anywhere near being right I know someone who would love to buy as many as he can get at 28p he is called Rishi Sunak we would be back on track for mid summer.

Gary can’t get over all the crazy valuations without real evidence I’m not sure if anyone knows what quantities of what are in this mine. I have seen anything from 60p -£1-£3.50 - £35 and your talking about 2.7 billion shares the spread is ridiculous.

So go on Gary what would that value our share at

Hi all

Been out all day today, so are we now saying there is as much as Bushveld. If so why hasn’t this been mentioned before, I understood there was a report to say what Eurasia supposedly had how do they compare.

Fair play

It’s just getting a bit monotonous now all postings nearly there in the morning like bloody greyhounds at the gate

Strap in for what nothing different to any other day in the few months

Just like last week and the week before

I think we all know how much palladium is worth how much rhodium is worth investing on here you should.
Are people not getting bored with “ roll on tomorrow big RNS” I don’t mind the odd joke slipping in stops me going to sleep going over and over all these drawn out explanations every 5 minutes why the mine should be sold and when.
If it was your business and the core value of what you where selling went up daily when would you agree a price, so if they agreed an initial price in Dec and had signed off the deal would you be happy with the price settled at knowing the increases daily from that point.
I think if we had info to say where negotiations where at ie having to re-value etc most people would chill out , it’s just getting too intense I feel just post something a little different every few days does it really need it’s tomorrow it’s this afternoon ooo another 5 minutes we will all be rich.

This is getting beyond a joke now £70 I thought £35 was daft, this is just going to wind people up when people are waiting patiently for the outcome.

Fully agree getting a bit tedious there must be some progress to report

Deano how do you get to only 56p

Here here

Hi everyone I haven’t been involved in the chat group as long as many of you here, some threads I agree with and some I don’t and that is what these chats are about each person has and is entitled to their own view.

In regards cancer we should all stand together and support each other, as I am typing this my wife is in hospital having had a new hip to rid what is hopefully the last section of cancer in her body. She has been through the mill the last 18 months from mastectomy/chemo and radio therapy. I am so proud of her and how she has and is dealing with this terrible disease.

Tilly I haven’t introduced myself officially but have enjoyed reading the posts between yourself and many others on here. May I ask permission for everyone to come on deck so we can raise our glasses to these brave people and send our hopes and wishes in their recovery.

Cheers

You will always get more for your goods when there is more than one bidder in the room just watch bangers and cash lol

Ok let’s throw this out there, if the figures listed earlier where correct then let’s say over a 20 year period all materials are mined and the value over that period is any 100 billion including everything, and as mention extraction costs are approx 15% then my maths are as follows.

20 years 100 billion that’s 5 billion per year minus extraction let’s say 1 billion that gives us 4 billion per year , I always understood a rough guide for a company valuation is 3-5 times proffit which would be 20 billion so roughly £8 a share.

Only my guess

How much can they mine in a year currently if anyone knows the figures x that by the current prices and see what profits can be achieved each year

That’s.fair enough but if you had done all the donkey work why give it away at the last minute, if you bought your house 20 years ago for 40k and it was worth 400k now why would you sell it at 80k just to retire. I personally would expect the negotiators to get a fair price this isn’t like selling Arcadia to whoever will take punt, this material is valuable and won’t get much cheaper if at all the way technology is going.

Don’t sell yourselves short, you value the materials at 37-80 billion exc rhodium and platinum and are prepared to give the business away at roughly 4.5 billion. There is no allowance for further increase in value of material. It’s like selling plane tickets they are cheap to start with until the last few when they increase price once overheads are covered to maximise proffit.

How much do you think these materials will be in 5-10 years, they aren’t making any more of this gear if that’s all I was offered I would sooner mine it myself if it was my company.

Thanks