RE: Just extraordinary behaviour13 Jun 2023 22:02
Wow. Mincho gets 75 tick-ups for a bit of common sense. Just shows how many read this board compared to how many post.
Just to reiterate Hoochy claimed a value of £35 per share which was the value of the 104 million ounces of PGM if we mined it ourselves. Rowka's value was £3.50 per share if we sold at 90% discount which is the going rate for someone else to develop, extract and process.
It seems to me the only real difference since then is our progress with the infrastructure, drag-line, power supply and road to the processing plant etc.
Geopolitics aside IMHO we would be worth many multiples of where we are now.
It's just a waiting game for long-term investors, who, it seems to me, are just keeping quiet, ignoring the noise and waiting for the storm to pass.
GLA tick TOCK