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Sorry, off topic, but maybe why progress is slooooow...
The chairman of Russia's Lukoil oil giant, Ravil Maganov, has died after falling from a hospital window in Moscow.
Several Russian energy oligarchs have died in unusual circumstances in recent months:
The body of millionaire Novatek former manager Sergei Protosenya was found alongside his wife and daughter at a Spanish villa in April
A former vice-president of Gazprombank, Vladislav Avayev, was found dead with his wife and daughter in their Moscow flat, also in April
In May, a former Lukoil tycoon Alexander Subbotin died of heart failure, reportedly after seeking alternative treatment from a shaman
Just more conspiracy theories...
GLA
Make no mistake it will be a fantastic read and mid blowing, dare I say Rowka-esque.
My view is that they have shown it to bidders to say "sharpen your pencils, best and final offers please".
Yes we would all love to see it, and we will in due course. Patience. Most of us have been here long enough to expect to have a momentary wait in the proceedings.
Gecko and other FWs - where does it say announced to the public via RNS!!
Wardell Armstrong International engaged in April for several comprehensive tasks including JORC resource audits which are almost complete and are expected to be announced shortly.
Try reading tea leaves, you may get a better picture.
This is really important, we all want to enjoy the winnings from EUA, starting very soon.
I know the thought of being being checked in a very personal way scares or strangely embarrasses middle aged males that consider themselves fit and healthy. Cancer doesn't care how fit and healthy you are, look at how many athletes, footballers etc a role models for prostate and testicular cancer.
Go get yourself checked, it doesn't hurt, takes a few seconds, have a laugh about it with your mates in the pub afterwards and get them to do it as well.
GLA, live long and prosper!!
Trying to lighten the mood from hypothetical questions of whether DS can/has/will/won't/can't /can butysell/donate shares etc
Q: How many ears does Capt Kirk have?
A: Three, the right ear, the left ear, and the final front ear
GLA
Hi Isomer, thanks for your measured response, well said.
So, I tell you the following:
1. I have definitive proof DS has sold all/some of his shares - what do you do?
2. I have definitive proof DS has sold none or acquired more shares - what do you do?
Green light / Red light - your choice - AIM is a gamble, your choice - Courtesy of Squid Games (Netflix)
GLA
Very simple and lots of holes to be picked I am sure. But as Ginger says, it's an estimate. Please enter into a spreadsheet play with +/- 10-20% on all the numbers, comes up with a nice number all should be happy with.
Price = D*R*(P-M)/S
Shares (M) S 3000
Discount D 0.1
PGM Oz (£) P £1,500
Reserves (Moz) R 100
Mining costs (£) M £500
Price £3.33
Casa, we are all singing from the same hymn sheet.
We are all being sensible in our calculations, and pitching significantly lower than we really expect.
Whichever way you look at it the numbers are very large and naysayers running out of ammo!!
Ginger, Casa
I did a similar calc a few days ago from a slightly different angle (see recent posts). Obviously a few assumptions in all of the various calcs but whichever way you look at it we are in for a potentially very happy ending, eventually (or is that shortly)!!
GLA