Member Info for Richard98

GLG moaning and whining incessantly

No proper toilet is coming for treadingcarefully aka kaash

GLG

How do you know it will be 3p and not £30?

Do you have access to data regarding exactly how much natural resources the company is sitting on?

Nope

GLG 2

You clearly read The RNS in your own twisted way

Threeskins

The historical Russian geological studies from the 1930s just scratched the surface of the vast resources EUA are sitting on.

The JORC will completely utterly change sentiment here

The JORC defines the sales figure.

Im expecting many many many pounds as the final share price when all is set and done

Amur and Eurasia are two very different companies

Besides.. We don't even have a bloody JORC yet

Auberry

Like any sensible business people they will sell the concentrate at the best possible price at the very last moment if possible.

It's only wise to do so

Companies still trade and do business in Russia. There's always routes to channel that money into the UK

Bbaggins

How do you know Artem has taken a salary?

How do you know DS has taken a salary?

ChessMaster

Im being rational and sensible about this without becoming all emotional, negative and with an agenda.

The board are the biggest shareholders and they will want to succeed just like genuine shareholders

Auberry

When things really need to be done then they get done

The board may sell the concentrate for a very good price in early October which will strengthen the the company in selling their assets

Offler

That's why the board didn't sell the concentrate. You wait till you can extract the best possible price even if its at the last possible moment.

The board are wise regarding this. Palladium price has shot up 8% this month. There was a court case involving Goldman Sachs and palladium pricing manipulation yesterday. Turns out Goldman Sachs and other banks manipulated palladium price to be lower. Think palladium price could rise big time. Then there's the collapsing Ukrainian front line in Donbass which heralds the beginning of the end for Ukraine there. Of course you wouldn't know that with your tabloid approach to life and you getting your news from the Sun

The board may not extract the value from selling concentrate as they'd have done in 2021 but they'll do much much better than if they'd sold it in June 2024

GLG2

The writing is how you perceive it.

There's absolutely nothing new or drastic in the RNS

We all knew the board had money till end of q3.

They may need loan if the concentrate isn't sold but as any sensible business people.. You'd wait till last moment and best possible price to sell your goods. Palladium price has shot up 8% this month already.

The board are simply being sensible. They've stated again today that the sale of assets is first priority.

High palladium price and possible sale of concentrate at much higher price would strengthen the board in assets sales

Seasick

Just more than 2 months left.

The board can wait till mid October and sell at possibly much higher palladium price.

Price has already shot up 8% this month.

Something in the works here considering the beginning of the end regarding the Ukraine conflict

GLG2

You can think what you like.

Why would the board want to sell the concentrate when palladium price is down almost 25% from last year.

The board will wait till the last possible moment and best price. Palladium price has shot up almost 8% this month.

Concentrate hasn't been sold because palladium price is rising, having shot up up almost 8% this month. With the Ukrainian lines now rapidly collapsing in Donbass, I believe this is the beginning of the end for the Ukraine conflict.

The board like any sensible businessman would wait till the very last ideal moment to sell and at a much better price.

Offler

Your brains are too small and unable to see the bigger wider picture

Offler and his silly tabloid outlook on life

Let's be honest offler - you're a typical Sun reader

Offler

It's obvious you're not making money on any other investment otherwise you wouldn't be here alongside the other dregs yearning ill on the company and shareholders

Offler

I can't be ar5ed reading your lengthy paragraphs.

You've spent all weekend and yesterday writing paragraphs denigrating and pouring scourn on the company

You're up

You got a lot of problems