Member Info for Professor1

https://www.mining.com/web/gold-the-simple-math/

Hi BH

I see good potential here and invested some not too long ago - timing was not great as it has since moved down a bit but I do not look at that. Buy and hold long.

https://www.mining.com/over-1-trillion-needed-for-energy-transition-metals/

Hi Tc101

It is a win win situation. But all the pointers are towards a sale and hopefully big. Good luck.

Hi Mac
This makes sense - a couple of weeks prior to the announcement of their engagement

LAWYERS, IN MY 30 YEARS EXPERIENCE, ARE ONLY INSTRUCTED WHEN A CUSTOMER HAS MADE A COMMITMENT. THERE IS NO GOING BACK

Hi Purchaseatthetop

DLA PIPER are NOT a charitable organisation.

Hi Toon

I dont think so.

Agree mac. Assuming they were engaged two weeks prior to the last RNS, it takes us towards end of next week / 1 Nov.

I think its the sheer scale of this deal or deals thats keeping us all in the waiting.

GLA

Hi KNK12

Thanks. I think this will be a complex transaction and might take us into early next month. You usually get different drafts of legal documents to review each time a small change is made and end up with something like 5 to 8 drafts before the legals are finalised- areas such corporate tax and finance have a lot of input and a lot of the time the legal team on the seller side may not like the wording from the buyer legal team and so gets thrashed out several times. From my experience.

Patience is the key.

GLA

Unlike UBS who are on a no win no fee basis, DLA are going to charge fees to EUA based, I guess, on the time spent each day by their whole team on a deal from the date of their engagement as opposed to a fixed sum fee.

If this is the case then it makes sense for EUA to only appoint them once a deal " in principle" has been agreed by the parties?

AT 2.14 min into the interview he says " In 2014 Anglo decided to leave everything outside south africa BUT NOW THEY HAVE DECIDED TO CHANGE THEIR MINDS"

GLA

Hi Carl
Many thanks for this. I agree with you. I have a small pot set aside and only top up when sp dips. I am also hoping my EUA holding comes good so that I can invest part of it here and part in other explorers with good potential.

I have started doing research on other gold explorers which might have the potential to come good and will post it here in case if I find one. Its quite time consuming though. Good luck.

Hi Carl345345

Really appreciate your posts and comments as I do not much about charts - perhaps I should learn this although dont know which one is best to learn

Bhargav

Precisely. I am waiting for the EUA to come good so that I can load it all here

I have Hargreaves account. It is still showing Sell 33p and buy 34p as live prices. Is anyone having this issue. I have just written to them

Jozzz
Very interesting. Thanks for posting.

Good posts Kingarthur and Columbos.

Crabby

Nice post - And just to add to that the institutional investors are still with us.
GLA

Coming back up slowly but surely.