Member Info for RMR1969

The to and fro was in relation to posts on here not anything to do with data etc.

I have mentioned the rhodium and the DS interview (Proactive Oct 2019) on at least 2 occasions now, last time was yesterday, and I would implore anyone who has not seen it, or seen it recently to watch it again today, watch it with rhodium in mind and just see how DS brings up the mention of it completely unprompted, 3 times, it's as though he is trying to scream it out "we have rhodium here don't you know? Are you listening to me?"

He also notes the significant price of rhodium at the time (Oct 2019), since then it has trebled, trebled an already very high price.........as I said yesterday, just imagine if he were doing that interview today, with the current price.........

wrong board Stix...?? LOL

Gents, much to'ing and fro'ing but I am not sure you are actually that far apart, Mac I believe you had a potential price around £1.20 ish, Amanensia I believe you believe 60-80p with possibility of £1......

Based on what we don't know you could both be right, or both be very wrong and we could be worth much more.

When you have been here a while, read a lot of the posts and all the RNS's including many other articles from various sources, it can be very frustrating when a 'new' poster pops up and they do not have the same level of 'knowledge and understanding', but assuming we are all invested, and why post here if you are not, (a bug bear of mine), then we are looking for the same thing.

The BOD have not failed us yet, we were told to expect news by the end of December on WK just a week or 2 ago and that should at least enable the 'market' to get a step closer to true value, but to reiterate, and as Mac has said many times, there is so much we understandably believe to be true which as yet has not been released, herein lies the basis of such wild and variable forecasts, we can only guess and hope at this stage.

Part of me can't wait until this is all over, part of me will miss the anticipation and camaraderie of the BB, but I am really looking forward to seeing how this does actually pan out and then look back to see who was perhaps closest to the truth all along...............

This is the exciting bit, the unknown.

I have mentioned it previously but for those that haven’t recently viewed the DS interview from October 2109 on Proactive Investors do it this afternoon and keep in mind Rhodium, DS refers to it on 3 separate occasions, he actually shoe horns it in to make a point, I am not sure it was really picked up at the time in terms of importance but he clearly knew then how significant it was and he also refers to the very high price at the time - it has more than TRIPLED since the interview took place. Imagine what he would be saying today...........!

Monkey

Generally go along with your numbers but I think we own just 68% of WK not 100%.

Cheers

Oh dear lord, how some people make their way in the world I will never know, those last few posts made me laugh a lot, but it does just go to show that there are many people out there investing and making decisions based on massively incorrect information and then sharing it.

I read this board a lot and am pretty heavily invested, but have posted infrequently as there are so many strong and knowledgeable people here.

I assume Sproutsdave will now be busy liquidating all his other assets as quickly as he can and piling his money in here since he has, by his own maths, determined that the GGP MCap and SP should perhaps be 10x what it is today - you couldn't make it up!

What frustrates and concerns me more about MF articles are the basic factual errors - the latest one on EUA this week stated that the company entered a formal FSP in July 2019, obviously this should have said July 2020, but when they make such basic errors on things like dates, how and why should anyone take anything they say seriously?

Rowka is still here, surely everyone knows that. He is writing under a few names but the posts are so obvious.......he posted earlier as Montyboz or something similar.

Rowka, time to come as as you should, join everyone for the end game, we would happy to have you back. Put to bed all that nonsense on ADVFN about you selling up.

Ooooh Telford, certainly up for that, that is where I live!

It is indeed interesting and we know little at this stage in terms of what we may have.

The mention this morning reminded me of when I recently once again reviewed the now 'infamous' DS interview from just over a year ago (Oct 2019). I have watched in many times as I am sure others have, each time you pick up something different especially when you know what has happened since then in the last 12 months.

Anyway, the last time I watched it I found it very interesting how many times (3 in all I recall), where DS tried to shoe horn in the mention of Rhodium and how exciting that was, he talks about it's high value at the time, I think it has trebled since then too!

It could be very interesting to find out what we hold, but I would most definitely recommend any investor who has not recently viewed that particular interview to do so when they have a spare 20 minutes or so. Hopefully the attached link will work....!

https://youtu.be/d_YMY6yiMDE

A bloke in the pub leans over to the man next to him and says, “Want to hear an accountant joke?” The man next to him replies, “Well, before you tell that joke, you should know that I’m 6 feet tall, 15 stone, and I’m an accountant and the man sitting next to me is 6’2? tall, 16 stone, and he’s an accountant too. Now, do you still want to tell us that joke?” The first man says, “No, I don’t want to have to explain it twice.”

Arsenalles

I am not so sure, the 2.9 officially confirmed the number of shares post the placing at 22.5p, we were previously notified of this in the update on 18th August but it was within another RNS and not a 2.9.

Anglo American issued a Total Voting Rights RNS yesterday, unsure why....! Maybe someone here knows.

Exciting times now...

Yep Monkey you are right, if we did get a bidding war then all bets are off, it could any price.

Now just hoping Liverpool can beat Ajax to make my day a little brighter!

See you in the morning!

shares_to_buy

the 3,032 figure includes options outstanding and deferred shares according to EUA website, if we are sold, you would have to assume these shares become realised and do not simply lapse.......

tbh Monkey, I am with you on valuation, we are worth way more than current SP IMO, maybe not quite that much but far north of current, I am just a bit of a stickler for details, like ownership % and shares in issue which include deferred shares and options which equates to 3,032m, many forget this when putting out valuations, you did not to be fair and you actually used a higher figure than required, apologies if it appears pedantic, been a long day...........

from the ACF report:

"West Kytlim (WK) - West Kytlim is the second largest alluvial PGM (Platinum group
metals) mine by production globally located in the Russian Ural Mountains. EUA has
68% ownership stake in the project."

Monkey70

We own 68% of WK.

peter - if that were the case we would be getting RNS's as we did when Phil Taylor sold.

Deloan Investments couldn't sell anyway I believe as DS has a controlling interest in that business and he has obviously been involved in discussions and would be forbidden to sell, I feel sure he would have signed an agreement about this.

As for Queeld, who even knows who owns them ultimately, maybe they have sold some, we will find out soon enough as once they have finished selling it will have to be communicated.

Personally, if Queeld shares have effectively transferred to a group of slightly more transparent Institutional Investors, I am not so sure that is such a bad thing...........

I am not sure that anything we have heard today suggests NN and EUA are no longer in discussions. As has been rightly said the terms of the NDA will prevent any mention of any sort and any answers I have seen or heard could be taken any number of ways.

If anything perhaps one could conclude that following today it may be more likely we form some sort of strategic alliance with NN and maybe others, to develop the area rather than be bought outright? Such a scenario would fit perfectly well with what we heard and saw today from NN would it not?

I have said before following the Board reshuffle, we have some big names at EUA, big in the mining world, they won't necessarily want to just give it all up for cash, they have plenty of that anyway, they may want to be part of something much larger. There have been several indications that a JV is a very real possibility.

I would also reiterate the point made by a few posters already, the fact we held our SP strongly all day and actually finished up at the close is extraordinary, most often after such a rise, shares on AIM fall away the next day, we have all seen that happen time and time again.

No reason that 40p cannot be broken tomorrow.

Lets not forget also that NN announced earlier in the year that they were selling up around the world to concentrate on opportunities in Russia.

This was at the time they left Australia. Maybe we should add that to the clues.