Member Info for Monkey70

That would be a nice Xmas present, Matt.

Was meant to move into our new home before Xmas but the incompetent solicitors' have been dragging their heels over the last three months. Now we will be spending Xmas in a barren house surrounded by boxes.

Could be worse but a big RNS before the 25th would be a nice tonic for a strange year :)

GLA.

Second that, Pete.

Tilly - your input is invaluable and soothing. GLA.

Gecko - Saxon's idea is good but I would check the CGT liability on having two homes (even if only for a short time).

No doubts at all here. I've been in since early July which is much shorter than many of you.

Aye, it would be nice if it all is concluded before Xmas to put some glitter on a miserable year but we all know the best things are worth waiting for.

'The pain you have been feeling is nothing compared to the joy that is coming.' Romans 8:18

GLA :)

Raharh - The DFS will allow the markets to more accurately value EUA regardless of whether there is a walk down or not.

Aye. I've maxed out my partner's ISA with two purchases today at 38.5 and 37.45. Thank you for the gift, MM's :)

GLA.

Here is my take, posted last month:

Average prospective sale of 20m ounces = 20,000,000 x $2300 = $46bn (used $2300 here as being ultra conservative)
$46bn ÷ 3.2bn shares (including the unused warrants and whatnot) = $14.38 per share.
Add an unrealistic discount of 85% = $2.16 USD
Take away 15% (we own 80% of MT but 100% of WK) = $1.84
Apply the exchange rate and we get £1.42 per share.

This would be for full sale of MT and WK. VT would be kept and explored before being sold, ideally. I have not included the Semonovsky tailings. Nor the REE's or mining waste that can be recycled (nickel and copper).

£1.42 plus 50% to cover a bidding war = £2.13. The REE's and recycled mining waste add extra value - if pressed, IMO, I would add a very conservative 50p to this.

Hence my guess of £2.00 which I believe is entirely plausible for a full sale but I think it will go for a little more.

We are all entitled to our guesses but it certainly helps to show your calculations :)

GLA.

AB - re-read my original post: 'Post removal means they are getting pretty desperate :)'

There is no mention of MM's. In fact, there is no mention of anyone. 'They' can be whoever you perceive them to be.

It is not my fault some on here have a different ability to perceive things than most.

GLA.

Don't be so naive, AB.

Indirectly, of course.

GLA.

Post removal means they are getting pretty desperate :)

I have had some of mine removed in the recent past. Expect this one to follow the same fate.

Makes no difference to the end-game ;)

GLA.

Aye, Gecko - I'm hoping the BOD will surprise us once again just before Xmas and think they might just do that with it being the season to be jolly :)

GLA.

Quite surprised the MM's haven't raised the bid to entice nervous investors to sell. Volume is low and time is running out. Perhaps this afternoon. It is Friday, after all.

Many on here are not throwing them a bean until the BOD tell us to.

GLA.

Another short closed. Held down to help their mates' escape a 'jubbering'.

GLA.

Subtle disruption, Mac.

Removes the EUA-related content down the pages. Will make no difference, regardless :)

GLA.

The complexity, IMO, is more than individual sales of WK and MT.

Either a JV (with special dividend) or full sale to a Sino-Russian consortium (CITIC, the Chinese state bank, is still on board and has been since October last year).

GLA

If you tire of the catapult, you are most welcome to borrow my Beretta over and under, Mac :)

GLA.

Travis - The loveliest thing would be if the Kraken was unleashed before any shorts could be closed :)

GLA.

The MM's will have to admit defeat at some point and tell the II's they will have to pay more for some golden tickets.

Time is against them too.

GLA.

'Fear before the calm,
Calm before the storm,
Storm before the victory.'

There is a buy for every (alleged) sell - it has been gobbled up by one of the Hungry Hippo's.