Member Info for Pk73

Another 200k shares trade just popped up too.

That’s 1.2 or so million trades popped up after hours which, unless I have a decimal point issue, is just shy of 1% of the shares issued.. quite a lot after the bell and that the share price hasn’t move at all today given the trade volumes.

Well shennanniganned, AIM traders….

@lawrence… Accrington Stanley?

Further to my question earlier… this is a set of the arbitration rules which I’ve skimmed and will read in full when I get a min… but you may find this interesting to understand the process.

Either there will be one agreed arbitrator, or in the event we can’t agree there will be three.

Arbitration rules set out clearly by the United Nations

https://uncitral.un.org/sites/uncitral.un.org/files/media-documents/uncitral/en/21-07996_expedited-arbitration-e-ebook.pdf

Pk

Does anybody know where a claim on BIT will be first registered?

I.e. I’m guessing some sort of international body? If we know this then I guess we can keep an eye out for any claim being made active, which will likely predate any RNS (and give me a chance to raid the back of the couch for a last top up).

PK.

Hang on….. stop press…. somebody just made a trade!

Yes, @deckchair:

Samples have been submitted to the SGS Laboratory in Bamako with results expected in late September

There’s a lot going on at the end of this month…

Hoping for an update on the “advanced negotiations with a JV partner” if GoR decide to give us a license to stop the nonsense too..

Great bit of research @shear this morn… thx for sharing.

Pk

Looks like the spread is titchy too. Those sells after your 10p buy were at 9.7... quite encouraging for some people to loosen their grip.....

This is still ongoing, even though we have the litigation funding: (from 11 jun RNS)

Furthermore, under the amended Executive Service Agreement, partial automatic grant of these options over new Ordinary Shares can occur earlier if in any month the weighted average share price exceeds GBP0.20 in which case, Mark Bolton will be entitled to the grant and subsequent exercise of 150,000 options over new Ordinary Shares out of the 3 million for that month at the Strike Price.

Same here @Grezzz.

Was massively down on ADV, but when this hit the bottom I thought nothing about keeping my foot in and have managed to average down now to about 0.47p from about 4p…

Pretty confident to at least get my cash back out maybe a bit more…

Exciting times here I’ve the next period…

Somebody posted earlier about the last operational day before the court case… whoever it was gave me a heady dose of FOMO… not normally trigger happy, but the 10.74 share price currently is me…

Roll on next week… Bon weekend.. PK.

Welcome to the logic-avoiding world of AIM.... ignore the noise, bud, and look month by month rather than hour by hour.... rises on here normally involve a lot of shenanigans.

Gla, pk.

@sebo, I agree with you that AIM shares are laden with risk (but that’s essentially what we bet on). And the examples of sp pricing in “what could be” and spiking to high levels despite the risk being plentiful. And it’s across all sectors

Eua on the hope of acquisition of licences and a sale... then putin effed it up.

Bce (nee adv) on the hope of drilling oil… v1 drew a duster…

Syme on the hope of a financial game changer… and then things turned glacial

Etc etc… to name a few.

PAT’s credentials for a massive rerate are arguably stronger than any of these. A 95% chance of a 95% ownership of a tier 1 undeveloped gold mine, and multiple paths to that goal being clearly defined by the board, and I think this company’s situation is very likely to succeed it’s aims.

If the above examples 50+ bagged in their heyday on less security than PAT show now, I’m very comfortable that this can follow suit..

But that said….. when does an AIM share behave as it should? Nobody’s opinion on here (to this point) is more valuable, right, wrong or unrealistic with the info I currently have and I value the different opinions.

Happy to hold and see it out… (been here for 5 years already)… and my position is that id be disappointed if we only saw a 6 bag, even if that’s what it turns out to be. I’d like to see 20 bags before i consider slicing a bit off.

Whatever you think or choose, I wish you all luck for an exciting few months, GLA PK.

Don’t do the boat, chaps… you’re only happy twice with one of those. Once when you buy it, once when you sell it….

Found that out the hard way.. mastercraft… on the third engine… for sale…

He also called bhukia a tier 1 asset which is undeveloped. The obvious one then would be ggp who I think own 30% of a tier one gold asset. Currently sitting around £330m. I don’t know much about them though so could be wrong here. One of our other posters may be able to correct this.

Comparing the detail of the two mines is impossible without firming up the resources of both. And that would take a couple of years of drilling.

Mark’s view was to reach fair value in 1-3 years… my hope of retiring by Xmas is dashed! 😂

@vernetles, I think your summation of the eleventh hour is right.

The last two hearings, PAT has delayed much to the annoyance of the rajgov lawyers. To me it looks like we have delayed until the funding confirmed, and the 11th sept court hearing will have a different dynamic in negotiating a settlement.

I suspect this is the final opportunity to issue the PL before we attack them through BIT which is l8kely going one way.

MB’s share options will be released on either the grant of the PL and follow up licences or the funding. Obviously the second of these has been achieved (well done MB) but we were in parallel gunning for the first… and the 11 sept is the next hearing about this.

Getting the PL on that date would save a lot of faff, expense and time for all, and it’s in rajgov’s interest to sort this at the local level.

Pk

Give it to 11 sept and your top up could be worth that, topsharepicks :-)

One at 8.07 in the morning.

Naughty naughty… usual AIM shenanigans for those with deep pockets..

Ordinary trades (but will have taken some time to fill)… at those levels it smacks of an institution…

Tying those two things together is gonna be like herding cats…

The one that’s more in control is the JV… I wonder if the contracts are already written and just waiting for the next court date / deal offer to come in (whichever comes first).

Holy cow, prof… both of those things together is epic… sp movement would have to be instant as the JV deal would have to be detailed to the market along with any award from rajgovt…

Properly exciting stuff…

Yep. Either is fine with me too…

One result is also much quicker than the other!

Thx for the reply. I think we’re very much on the same page…

Pk

@edhellas, with that info, do you think it’s better to get the prospecting licence and then mine a 12-20mt asset rather than going for arbitration and a compensation payout for 6mt…

If I was rajasthan govt, this needs to be their weigh up… pay out now and lose 500m or so in compo, but keep hold of the asset for an Indian company. Or issue the license and create a load of jobs but watch the profits go overseas…

On this basis, I think they would choose to settle an compo claim, and keep the asset.

Just some bank holiday musings…. GLA tomorrow… pk.