Member Info for Richard98

If it goes over 4p today then it'll come back down due to sellers and finish around 3.6p - 3.8p

I reckon it's just readying itself for a rocket over 4p in the last hour

Covgaz

No offence but you're an idiot. Russia has almost $100 trillion of resources.

Its an integral part of the world just like Iran, Brazil, India, China, Chile, Saudi, Australia etc

One thing which is very apparent and clear is that Mr Wolfe comes on here yearning ill on genuine investors

Sewer rat stuff!

Kammy

I agree. I reckon the DFS published is basically an official nod to various parties to exactly what kinda value the assets are worth.

I just like yo be optimistic and say it's another major hurdle to conclusion

Seasick

No details were published. Russian state approved DFS finally by the Russian state yet nobody can access it unless approved by the Russian state

The DFS report is a secret

The DFS has been published by the Russian state a year after approval yet private investors can't access it.

Who can access it?

Probably Government approved financial and legal folks representing various potential buyers and maybe governments.

It's all very secretive

Saints68

I'm hopeful that the case will be found in favour of the bank. I think politics will play a role and no doubt the British secretly will be doing deals with the Russians

Queld case is this week.

I don't think anything significant was going to occur until after the queld case. The Russian authorities will want to make sure Queld don't financially gain from their misdemeanours

Back in January 2021 when the SP crashed at 4pm to 4:35 pm close from around 30p to 14p, the board in an RNS the next day clarified things and SP shot up to 25p

When the Ukraine conflict started, the board issued RNS's to reassure investors. Even Dmitry issued tweets to calm investors.

I'm afraid those events were years ago

Spikeyj

Not your guess. You mean you hope the the DFS shows poor results

You're a very sick individual wishing ill on genuine investors.

Let's hope Karma doesn't get you and strike you really hard

I reckon it's a bombshell DFS and that's why it's being revealed

El-gelboy

I'm afraid you could very correct regarding this could take years and years

Spikeyj

Uninvested... Comes on here to taunt and gloat at genuine investors when they're underwater

Complete utter sewer rat trash!

Nobody was ramping.

Using "ramping" excuse to attack genuine investors and gloat/taunt them

Sewer rat stuff!

Me Wolfe

Thought you'd turn up.

Waste of life sewer rat!

The ACF report was very Conservative. Any potential buyer will be buying not at today's pgm prices

Could it be possible and more than likely that Eurasia could be dealing with multiple buyers and hence the delays and complexity of the multiple deals?

Stretch20

I think you've completely misunderstood the reference to "meagre". The ACF report valued EUA MT resources at a meagre 1.9 MOZ at £1:15-£1:27.

Now the DFS could be an absolute bombshell. I think MT is open pit and Russia is much cheaper and friendlier when it comes to mining than most countries in the world.

I think Rowka going through very old recorded reserves values from 1930s or whenever stated that there was heck of a lot more than a meagre

1.9 MOz. I read somewhere that we could have 11 MOz and that's not including the flanks

Wild guess like everything else really.

Without the DFS details then everything is just a wild guess.

Think we should take the conservative ACF value from 2021 for our meagre 1.9 MOz as a guide. I'm not concerned about the lower PGM prices right now as the buyers will probably be investing and taking account future prices.

What was the ACF value of our assets from back in 2021?