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Well if it does compare that would give an sp of 30-35p.Here we go again.
There will always be an over reaction.They have not told us anything don’t know.We know there is a dfs but we don’t know what’s in it.Dont expect it to set the worl on fire.
Better than a kick in the teeth but now we want to know what’s in the DFS,But one thing at time.
I sometimes wonder what would happen if everyone stopped posting for a day.
I believe mms make money by having volatility, they want people buying and selling all the time .
So as a for instance, we will give to 10 billion for the whole kaboodle now or we will give 6 billion now and another 15 when you prove the resources.Ficticious figures but you get my drift.
I think Zak Mir got to around 94p from memory.
Is it 2 m oz,15 m oz 40m oz or more.We don’t know because they won’t tell us.What clues are there ?
1. The involvement of big banks and law firms.
2.It will “rival Bushveld”
3.It won’t “go cheap”
4.The price of palladium is going up.
5.Biden has been elected president.
6.The resident geologists on this board believe there could be more in the ground than we think.
7.Zak Mir’s predictions keep going up.
8.Its taken such a long time.
9.There are multiple bidders.
Seems a strange day to issue an Rns.I think something is looming tomorrow.Perhaps the dfs with the big one in two weeks.All imo.
The fact they mentioned the holidays suggests something is imminent ie within 2 weeks.All imo.
I think sell orders have been triggered at 34p.Someone is in for a surprise when they wake up.
The last sentence is a requirement, they have say that whether they like it or not.This is the best they can give us Imo.Its just to calm our nerves imo.
I like to think all things are possible.It could be 350p,£35 or £1.00p.We now know it can go below 30p.All depends on sentiment in the absence of news.
thaws not thats
I would thought a potential buyer would want this done and dusted long before the mining season starts.They are leaving it very late.Anyone know when it that’s out in Russia?
Remember seeing that written about rivalling Bushveld so who knows.If it does then 35p could well be right.You can base it on 2m oz,15 m oz,40 m oz or 500 m oz ( Bushveld) take your pick
It went up on the off chance of an Rns at 7:00.There wasn’t so down it went.May well go up this afternoon in expectation of 7:00 Monday.Tuesday - Thursday there is usually nothing but who will risk it.
Given the low price this share is worth having on your watch list.When theatres open, Covid ends,5g rolls out 8k and 12k headsets roll out this share could take off.Between now and then I expect a string of share issues; salaries have to be paid.A headset that didn’t resculpt your face would also be useful.All Imo.
My guess is the Russians are back from their holiday, tomorrows Friday and maybe an Rns tomorrow.
Good news about Rhodium if only we knew how much we had.