Member Info for Pk73

PAT noted in VSA morning miner 261124 this morning... Not on Youtube yet but should be in the hour.

Yep, noted that at the bottom of my musings, @Gall... Are you in sinc with my back-of-the-eff-packet workings out?

Lets be generous to the indian Govt, and say they gave us the same deal as Owais and low-ball all the stats...

Start up charges of $60m and $60 performance, then Owais take 34.7 percent of the value of the gold in the ground.

The pure gold vlaue per ounce of 6.7moz (not including the increased amount) is 6.7 x say 2000 dollars to be generous... so 13.4bn dollars. Googling cost to mine at 1345 per oz, so costs c. 9bn to mine leaves 4.4bn total profit (obs the gvt is benefitting from multiple factors here in addition (employment, industry, additional minerals etc etc).

Owais cut of 4.4bn is 1.5bn US, minus the 120m charges = 1.38bn US - £1.1bn sterling.

Divide by 195m shares = £5.64 share price. And that RNS should see us start to move towards 20% of that as in other arbitration cases... so should be trading at £1.13 or so when arbitration kicks off.

Thats if we assume we'd accept the same sh1111tty deal as Owais bid for.

And that is our lowball india-generous amount.

Throw in to theat the increased resource, today's gold price, a more favourable deal with the GoI, and you can see how it multiplies up from there...

Right, MB,.... you can start the process now and I look forward with total confidence for an SoC in the 1bn plus region in the new year...

PK

One being something we suspected already.

The other = GAME ON!

That’s my evening entertainment sorted, @Gall!

On behalf of most on here I think I can confidently say thank you for your efforts today…. Some excellent finds here, and just confirms our confidence.

I don’t disagree with your dreaming…. Pinkies crossed…

Pk

He also said he wanted the war to end by diplomatic means in 2025.

Stop being disingenuous, and get your facts straight back atcha

Fingers crossed it does.

I was march 2021… 1995 shares at 22.28!!

Happy to say my average now is just under 7p with a lot more than 1995…. I could have just waiting until now to buy!! But I did buy the majority of my holding in the 4p’s.

Like @gall, I did a load of research but didn’t call the ceo. At this level I am extremely confident my faith will be repaid many fold once the arbitration hits its stride in the new year.

Pk

In short:

A reframing of the way we viewed the RNS this week. Part of spin out process…

Statement of claim now likely January,

First arbitration meeting setting out clear timeframes hopefully before Xmas

Appointment of chair progressing and likely soon.

Switching off until q1 25…. Sort of… basically chilling out until then and giving this the time it needs, and not worrying…

Pk

Thats better:

https://youtu.be/yR8L1wagOA0

Oops. Thats last months... new interview just out with vsa but can only find it behind a paywall on reseach-tree... it'll be inbound on you tube shortly i think.

Thick and fast today!!!

https://youtu.be/jVFFkX5Tyqg?si=qVPhL7UYFXrxKOKp

Https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2024/11/20241114-Allenby-Capital-Panthera-Resources-PAT.L-Kalaka-and-Bido-assay-results.pdf?c4448=on

New allenby capital update looks live... not read it yet

Me too @ht.

Look at MB’s history… and remind yourself of his incentive package RNS from not so long ago. Totally aligned with shareholders and whilst this may outwardly look like a setback, I’ve totally confidence there is method in the madness.

This is noise, and the arbitration is the event to wait for.

Pk

I can’t see what it said, @tiffin, because I blocked its remarks a long time ago, but I guess it was disparaging towards anyone showing humanity towards others, while tonguing the crevices of putin and/or trump ready to gush like some big wobbling spunkbomb?

Do yourself a favour and filter his poisonous rhetoric.

Nice find @deck….

How on earth did you search for that @deck? It’s written in Hindi (I think!)

That’s some sleuthing, that is! 🕵️

The fishiness seems to be coming back to bite them…. Jaws2….

Just spat my coffee, @gall!

Being pretty daft working in a company only floated in the last year or so and has no connection whatsoever to somebody in power. Defo nothing to see here…. Honest gov.

I’m not fan of conspiracy theories, but the fishiness of the whole thing totally stinks…somebody is defo getting rich from that deal. AIMHO obs….

After being told to down tools this week, prof, I certainly think a settlement is the way it is heading.

If Indian were confident in their position they would need to carry on as if unaffected by us. downing tools can only be seen as an admission of them at least considering they’re on the wrong side of the law, as they are effectively saying to the new owner that any monies you spend now could be taken away.

Playing out the scenario that legally the site should belong to PAT, the gor is in massive problems as now the auction winners could sue them for loss of earnings too!

They’ve properly wee’d into the wind by auctioning….

An early settlement has to be the only way out, or Owais will also probably have a case…

That’s my take…. SoC and settlement could come out in the same RNS! But mb knows this and hence the hard ball play of not suggesting going for amicable settlement in his interview this week is part of that strategy…..

Bring it home!

Have a great weekend! Pk.