Member Info for Professor1

Just brilliant. Time to load up more shares

Even better still, change the company name to ANDROMEDA PLC. Now that I think will certainly be eye catching and carry weight - don't know where the heck they got Andrada from

Shearclass

Thanks for posting the slides. This is the first time I am seeing these. Indeed the potential here is immense and the next couple of weeks will be very interesting.

TrickyDicky

Spot on. This is going to be massive and it seems it's not yet registered. Keep piling on the shares whilst they are cheap.

Courtesy of a poster on another chat board:

https://twitter.com/HedgehogTrader/status/1703426549012218134?t=AsEBMMCLqchZkT76XmFznA&s=19

rajasthan govt are going to lose big time if this case goes to the arbitration. our dealings with the indian law have been water tight - and we have a stay order granted by the indian court in our favour on our licenced area all because the rajasthan government are in the wrong. there is still time for them to come to the table.

i can't imagine mb, based on present value of future cash flows, which the arbitration look at as mentioned in the ****stan case here, lodging a claim of anything less than $1.5 billion.

i hope this claim comes out soon after the next court hearing this month - what i believe would be the final hearing in india

g l a

17p

Indeed excellent research Shearclass.

Are we blocked for good from the UK to access the Rajasthan High Court website?

Sorry typo not "eat" but "ejt7777"

Many thanks eat,deck, SP

I don't understand why we are blocked in gaining access to the high court. The is something going on for sure.

I think the time has come for the dispute with the government of India to be initiated. It's time for the claim amount to be disclosed - $1.5 Billion in my view and not a cent less.

RNS please next week MB!!!

Does anyone know why we still can't get access to the Rajasthan High court website. Thanks

Mickey

Agree.

I was thinking, Mark must have his reasons for not having the Rajasthan govt as a JV partner that he would opt for a third part JV partner

16k pounds worth of sales has wiped out £1.5 million off the market cap.

I can't see a reason why people want to sell at this juncture. As I have said before, this is currently sitting at a meagre 1/10 th it's true value. I will go fully loaded here if my other investment come to fruition which I will sell

Think of ORR if their Cameroon licence were to be taken away. They might not get anything

Stampee

One very significant and distinct aspect we have which differentiates PAT from past cases is that we already have a Jorc of 1.7 million ounces and Jorc equivalent of nearly 7 million ounces. This will be used as a basis of a claim in my opinion. A vast number of past cases were I believe brought say on the basis of just having a licence and not put a single shovel in the ground so to speak.

We sit as an outlier.

Check out ICSID STATISTICS on arbitration

Please see Charles River Associates article on Mineral resources disputes

I should have added - based on the GreenX analysis I summed up in my previous post

We should, in my opinion, already be on £1 per share. It's only a matter of time when the market reflects that.

The award will come and it's going to be massive. If we lodge a claim for the kind of amount I stated which is the estimated NPV of say $1.5 Billion based on the estimated cash flows ( Note that this is ignoring the interest costs that would be added on top and compounded in respect of the costs which we have already incurred and the benefits of that investment foregone for the last however many years) , which we are then awarded by the tribunal, I would think thst it renders the project not worth while for the Rajasthan govt at all as they would need to borrow the full amount of the compensation and try to repay that sum over say next 25 years with interest as well as borrow the project costs. If they get in a local JV partner, they would have to give away a big chunk of the project for the JV partner's lost Return if they had deployed such sum elsewhere in their company project. This makes even more senseless for the Rajasthan govt to go to the tribunal.