Member Info for Professor1

@Shearclass

I posted one of the earlier case hearing statement in which they clearly indicate that were willing to do a JV which I suppose would have given them a greater share of the income, I am not certain why we did not entertain that proposition. But, we are where we are and we have to fight till the end. The government must know they are in the wrong and will have to face the consequences. I have no doubt, judging by the Tethan case, what that outcome will be.

Holy Moses, just seen the BB, not even read the RNS. Pile in boys and girls. This will be life changing I believe. Will absorb all in the evening.

GOOD LUCK ALL

@Gallmat

I had just started the call with Mark when something urgent came up my side so had to end the call. I will try to reach out again next week. We have waited all this time so might as well sit out a little longer before he releases the news we all want to hear.

You just never know the Rajasthan (new) government.

What the heck is going on. Is an RNS is about to drop soon? I would say don't get caught into selling in my opinion

Excellent opportunity and topped up nicely

Patience running low now

Looking rock solid.

Got some funds released from US stocks Friday ready for HE1 on Monday.

"We are very excited about the EWT and the results that we believe it will yield, confirming the helium potential at Itumbula."

£7?

Shearclass

Spot on. That $10Billion WOULD have sat in Panthera bank account but over 50 years.

I would be instead be very Happy to get a PV of $2 BILLION IN say 2 to 3 years time and enjoy the sum

"Additionally, the board have resolved to issue 33,750,000 options in aggregate to Directors and management to subscribe for ordinary shares (the "Options"). The Options will vest in three equal tranches over 3 years commencing 12 months from the date of grant and are exercisable at 6.6p per share, being the 10 day volume weighted average price. These options will be subject to shareholder approval granting the directors authority to issue shares for cash which will be sought in due course.

rtain of the Options have been granted to Directors and PDMR's as follows:

Director / PDMR

No. of Options

James Smith

2,000,000

Lorna Blaisse

8,000,000

Graham Jacobs

8,000,000

Chris Eyre

5,000,000

Sarah Cope

2,000,000

Nigel Friend

2,000,000

Russel Swarts

2,000,000

Thanks everyone.

Can't remember the recovery rate.

Does anyone think that in their earlier negotiations with Mark, they might have offered us a JV on the same basis as to 65% / 35% to us?

Sorry, stupid question - am I right in assuming that there is still time for a late bidder to emerge? The reason I ask will follow in my next question

Not only that - consider GOR having to finance a $2 claim amount and the interest arising thereon payable over the next 50 years

If our award at the tribunal is the maximum amount claimed (assuming we claim around $2B), then the future cash flows of say $10B to the GOR will be wiped out completely - This is on the basis that the claim amount will have to be paid soon after the award as the PV of those cash flows will be our claim amount

I think that the GOI / GOR have actually sat down with the buyer and agreed the terms. No doubt in my mind. The large well known miners who operate internationally would not have agreed to such terms.

Vedanta group firm Hindustan Zinc, Jindal Power and JK Cement are among the few companies that have emerged as technically qualified bidders for two gold mines put up for sale in Rajasthan.

CONSIDER WHO WERE THE PREFERRED BIDDERS AND WERE TECHNICALLY

Ramgad Minerals and Mining Ltd, Hirakund Natural Resources Ltd, Jindal Power, Hindustan Zinc and Saiyyed Owais Ali have emerged as technically qualified bidders for Bhukia-Jagpura gold block in the desert state.

He has a Board Meeting today!!!Things are being planned I think

Agree and thanks to everyone.

Will be speaking with Mark tomorrow so any further questions for him then please let me know