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Pacer mate go and read all the RNS’s. There’s nothing about 4-8 weeks, the only mention of time scales was it was expected at the end of December which was followed by the 14th of January rns stating that there’s been delays due to holidays and other factors,
The 4-8 week time frame is from pi’s here doing their own research and estimating a time frame based on the usual takeover processes.
Honestly there’s so many people who don’t do any research themselves and just take comments on chat sites as gospel. At bare minimum read the RNS.
DYOR
Exactly! Been saying on the other chat that we’ve got at minimum 15 MoZ of Pd and with Sibanye as a baseline for future pgm sales, that means a around a $30 billion sale. However we’re likely to have way more than that since a while back Eurasia along with Anglo we’re doing further explorations on the Kola Peninsula which could have around 40MoZ however Anglo has now left.
As others have pointed out Bushveld has 3 trillion MoZ! If we are even close to rivalling this size (which has been alluded to) then this is beyond a massive deal! Which could explain the long wait.
All case scenarios this is well over expected prices.
15MoZ = £21.7 billion = £7.87 a share
40MoZ = $80 billion or 57.8 quid = £21 a share
Bushveld size = Hoochys a genius = godly sized £30+
The only arguments against this is that why is the current sp so low? Well we’ve been in an NDA for quite a while... no one (apart from those involved) not even the mms know how much we’re worth and it’s a risk to price us any higher without news.
Great stuff. Already up 22% at 3.30
Sorry for the stupid question, but I’m new to investing and was wondering if I’m right in saying that the taxman will take 20% of our profits after £12600 through capital gains? And will HL automatically do this when we try and withdraw?
Thanks
Good stuff, I can certainly see a big sale here resulting in some big rises in other shares such as GGP and OMI as a result. So I’ll be trying to get into these as early as possible after the sale! Would also recommend RMS, it should be up at 10p if it wasn’t for the warrant issued atm but I’m expecting them to announce a contract with the NHS soon. He1 also looks very promising with the price of Helium bound to keep climbing.
If this turns out to be a massive deal in which I think it will be, then a lot of us should all invest in the same shares. I can imagine many will buy GGP. Imagine if we flooded a share like OMI or RMS!
Keep going!
Not a big believer in Twitter ‘leaks’ but can’t totally deny them, a lot of people are involved and as we know, a lot of people can’t keep their mouth shut. Not been in the chat long but been invested since 2p, Here’s hoping for it to happen soon!