Member Info for Sharequests

Nearing 2bn in volume today

GR can have all of mine for 10p and sell them on for 25p happily

Let’s go full optimistic and say there’s been a surprise offer to buy all assets at 10p/share.

Coming up on 1bn in volume today!

18m shares traded this morning, is that correct?

Another 16 hours of nothing worth reading but internal abuse without purpose...........

Or......... They have been told that since they got a part of the Rosgeo option during the sale process, the buyer will pay way more if they secure the whole thing and then sell the lot to them. I.E. they had offered £2.17 that I had expected previously, then Rosgeo appeared, they countered with "we'll up this to £5 if all the extra mines are sold with it!"

My god not again! Just look back through the history at this exact thread which has been done to death multiple times.......

Maybe Snowking is George Roach!?!?!?!?!?

It’s held here because anything could happen, as long as people are selling, it’ll remain where it is. Certain big companies will want this not to move until they know what they’re getting then it’ll take off.

I’d be very surprised and disappointed at anything under £2.50 as a dividend. They said it is a substantial dividend- look at NN dividend payments on actual mining. $7 a share. This is a massive sale and not going for anywhere below £3 imo

So we know we’re selling off 75% of our stuff as a minimum.
Would it be possible that there have been a number of parties interested who have banded together for a final offer. This offer of x amount is for say, 90% with the remaining 10% for EUA to remain in situ as the contracted miner. If a conglomerate of companies such as AA, NN and Sibanye wants to share ownership, they would need an outside party, such as EUA, to mine it and they split the profits at 30% each? This would explain the length of time it took, plus the latest rns imo

Can’t believe this is still priced so low.
As ian posted earlier- the whole “buying substantially all of the assets” is legalese for buying everything not including printers and paper nonsense etc. I had eua priced at £2.17 for a full sale before they added rosgeo and other nonsense. I now would price everything around £4.75 if it is the full sale. This includes all flanks and mines and future increases in pgms et all. Just wait for final pricing, ignore the 50p nonsense

Non RI is Public Opening Position Disclosure/Dealing Disclosure by an exempt principal trader without recognised intermediary (“RI”) status (or where RI status is not applicable) so it appears they are no longer involved. Hopefully good!!!!

A lot of people saying they don’t understand why the Share price is dropping. The RNS says they are not certain of how to fund the DFS as yet. This hints strongly at a placing (probably right after a consolidation). Maybe consolidate to 0.5p and offer placing at 0.25p for some major firm. It’s GR not wanting to give away a percentage just yet that’s killing the short term investments. If you’re planning on holding through the DFS then it shouldnt matter about day to day price changes. Leave it and don’t look back for 14 months.

Anyone know why there was no ubs or blackrock rns today? Apologies if this was answered earlier

Share price has no effect on the deal outcome. It’s entirely down to what they offer the company in return for what’s in the ground. Could be a dividend of 20p plus shares in a new company or could be 50p outright buy, current sp means nothing

A lot of people turning up saying how suspicious this company is. They’re doing something new, creating a crypto which is back by oil and buying oil producing assets at the same time. Your “checking up” on the board doesn’t carry as much weight as the FCA who have also “checked up” on these people to allow them to be dealing in these matters.
When the copyrights come through for the new cryptos and we start to see more news flow it will continue the slow steady climb. No point in googling someone’s name and saying they must be dodgy because they don’t have enough recommendations or whatever.

I’ve emailed their company and advise everyone to do the same, urging them to reconsider some of these JV offers. Email is info at premier African minerals dot com

Yeh just going to hang on. Looks interesting in the long run