Member Info for mikey9997

Even the old substitution of Pd with Pt falls on it's back in the end. The car manufacturers would need to completly redesign the cars due to the reactions involved (Pt requires being further from the engine). As similar to what Dmitry said, the cost of the Pd /Rh in context of the final product is small. Therefore nothing is going to change with respect to Pd demand other than an increase in the next few years.

I remember saying exactly the same at 1p. Nothing has changed and still awaiting the outcome of negotiations. If you want to risk selling and trying to get back in that's up to you. Personally, with the news I am expecting, that's not a risk I'm willing to take.

Everyone knows there is no guarantee, but initially you said you wanted proof of multiple interested parties. Which is plainly state in the RNS.

By options open do you mean, not invested? Because if they announce a sale you won't be able to buy right?

Everyone's options are open. It's a public market. I don't know what point you are trying to make.

MrNinja. They have been about as clear as they can be at this stage without saying "X has bid ££". Because as soon as they do that the share price will re-rate. The company has already stated it has gained approvals of the takeover pannel to waive the obligations of the bidders to say who they are. What more clarity do you want from them without them putting the sale proceeds in your hands?!

Ninja. Yes. Read the RNSs.

Average sale takes approximately 90 days, has been 50 or so. We are on about 30. Multiple parties involved means the longer we wait the better the outcome.

Like a stone o. O

Yes… but that is what the Sinosteel contract is for. Full production 1MOz PGMs (mainly PD) a year. DYOR.

Has to do with EU funding I would have thought? Not sure what else this could be?

Bit of a silver drop today :(

Is it not possible to reallocate more stock to the JSE? There seems to be much more of a demand for it over there?

Yes same stock, different prices. JSE - EUZ 100% up. O.o

That's what we are all wondering. Prices completely out of whack.

Gon through £9790 @ 8.90p.

RNS. PME.

I always thought there was a party that equalises the value of stock between exchanges. It doesn't seem to be happening here indeed.

They are loving this on JSE O.O - Good exposure to Silver 14M Oz + Silver is on fire!

Silver will be going through the roof in the next few months if it's going to keep up with Gold. They may well be a retrace but to higher lows. Then it's take off and everyone will be rushing into any Silver asset they can get their hands on. With only 35mill shares here. That was a good move.

Forgive me if I'm wrong but options tend to incentivise growth even at low excercise prices. They can choose to excercise them but they would still be selling shares at whatever the SP is at the time. Ideally, I would have thought they would want a SP as high as possible to make it worth their while when they sell them. Excercising them after producing very little in the way of value for shareholders the vast majority of shareholders would surely spell the end of the show?

I guess the South Africans understand what a giant JORC 10M OZ silver resource will be worth in the next few years. Sure as hell not sub £3M.