S04 is so what a good investment. It is my biggest position, because top management, top strategy, production proofed already. Giant huge growth potential. The market has not yet understand, that there are two different ways to produce potash. Market will wake up when news are out. (August)
It’s a scandal.
Agree. They are very progressed and have the best specialists on board. Endless upside potential for resource. As one shareholder on hc posted, maybe better to have Mitsubishi only for getting the product and not the company...;-)
Topped up today
This will lift up again.
Very nice to see confidence from the big money boys!
Nice intraday rebound on ASX today. Good sign.
Hi Ladytrade, what they said in PDZ office TO you?
As you can see, only private wet panties sold out. The big ones are holding and i bet, they will accumulate, when the selling momentum stops. Would be great to see such confidence. Sure some nice articles from Poland will come across, telling PDZ will have no chance. Poland can not act like that without consequences. I think, they don't want to act like that really. It seems that some ministries are not conform with the state controllers. Think about, polish people are extremely patriotic and don't really like other nationalities making big business at their place. Mr. Middlemas is not a rookie. He has a big network worldwide and especially in Australia. Sure there are some discussions in the background already on high levels. IF JSW thinks, they are in a better position now? I think it seems so, but at the end they have to pay much more than they thought. Middlemas and Stoickovic are not some stupid boys. They know how to make deals. JSWs CEO Ozon is a investment banker. He has to know, that Middlemas and Stoikovic want to be paid very well for this stupid pain, the miniseries in Poland are trying to use.
Absolutely over reaction today. JPM, Landsdowne and the brave private ones have a big chance now. Poland won’t risk their international agreements. If that will go to international court, Poland possibly has to pay a lot more than current value of Debiensko and Jan Karski. PDZ did the only logical step to safe shareholders interest. They used facts and are 100% correct. JSW has been in the know about this circumstances before they announced a possible cooperation with PDZ.
Sure there is no buyer in this frightening momentum. So the mm s have a very easy game. JPM and Lansdowne paid more for their last shares. Sure they did research the situation about the environment stuff. Maybe they will open their pockets and grab some more shares. It needed only a Volume on LSE from 80.000 shares to pull down the sp -20%.
I understand that step from PDZ as precautionary measure. But market seems to see it like Jan Karski is lost. The naysayers have their day now. Stay strong, hold your shares tight.
Poland has to fix this issue from the MoE very soon, to save international credibility for investors. What a shame. JSW, Bogdanka and polish government playing games?
Fellow investors. Today’s announced news, isn’t really a news. It was clear, that PDZ is waiting for the environment decision, that they submitted in October 2017. Without this concession, PDZ isn’t able to submit the mining concession. All other concessions have been applied by government. „As a result of the Exclusive Right, Prairie is the only entity with a legal right to lodge a Mining Concession application over Jan Karski for the period up and until 2 April 2018. Under the Polish Geological and Mining Law, a Mining Concession application comprises the submission of a Deposit Development Plan (“DDP”), approval of a spatial development plan (rezoning of land for mining use) and an Environmental Consent decision. Prairie has previously announced that the DDP and spatial development plans for Jan Karski have already been approved. However, as of the date of this announcement, Prairie has not yet received the required Environmental Consent decision, which remains pending. Prairie completed an Environmental and Social Impact Assessment and made submissions to the relevant administrative body for an Environmental Consent decision in October 2017 in accordance with all requirements. Accordingly, Prairie has not been able to apply for a Mining Concession for Jan Karski due to the delay in the issuance of an Environmental Consent decision. The Environmental Consent proceedings continue to progress.“ PDZ has now to secure their rights on the Jan Karski project. If they would not go legal, they risk to loose Jan Karski. So it is the only logical way. The polish MoE, Ministery of Environment, has braken polish law, because they didn’t decide until today and lapsing out of time. It is a failure of the polish MoE! „The approval of Prairie’s Geological Documentation in 2015 also conferred upon Prairie the legal right to apply for a Mining Usufruct Agreement over Jan Karski for an additional 12 month period beyond April 2018, which precludes any other parties being granted any licence over all or part of the Jan Karski concessions. Under Polish law, the MoE is strictly obligated, within three months of Prairie making an application for a Mining Usufruct Agreement, to grant the agreement. Prairie applied to the MoE for a Mining Usufruct Agreement over Jan Karski in late December 2017. As of the date of this announcement the MoE has not made available to Prairie a Mining Usufruct Agreement for Jan Karski, therefore breaching the three month obligatory period for the agreement to be concluded. Legal advice provided to Prairie concludes that failure of the MoE to grant Prairie the Mining Usufruct Agreement is a breach of Polish law. Accordingly, the Company has now commenced legal proceedings against the MoE through the Polish courts in order to protect the Company’s security of tenure over the Jan Karski concessions. Since the MoE has not provided a decision within three months re
As mentioned, the wet panties in Poland are tree shaking sucked now. They have been sucked very hard two times in the last 5 month and didn't learned anything. Buying the dips.
I think some will be surprised very bad. Ones, selling now, because hoping for a quick bagger, or the trader fraction. Very good to see the nanosecond traders left the boat. PDZ will lift steady now imo.
Guys, this is brilliant news! I agree to dan-sh postings on hc „By the way. For me very good news. JSW receives further insights of the projects. So the very strong interest on the part of JSW is therefore still available. So I think that both projects will be taken over. the question is at what price. the share price should rise again after this good news“ „6 months is a normal phrase in such agreements. It will be much faster imo“ This a nobrainer now imo! JSW wants PDZ projects. Middlemas won’t sell under 100pence. Aussies sleeping another time.
Possible Cooperation Agreement
This is becoming very serious. 6 months is a normal phrase in such agreements. Seems they are really interested in both projects. Could be next week or two months. Hold your shares tight! Very tight! Tighter than tight! Now it will be like sitting in a roller coaster. Big hands will shake now!
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