Member Info for Shedulike

Yes I agree it was strange that they didn't flag the presentation. The 4th Jan shareholder consultation RNS detailed the work they will be doing to improve matters, unfortunately they have obviously consulted the big shareholders and left us in the dark. Hopefully we'll get an update soon but this is a huge complex operation and the work will take time. I'm hopeful that matters will improve and share many of your concerns but I do thing it's too early to judge either the merits of the new CEO or to have a definitive opinion on Pavel's record. I think there is reason to be dubious about the Russian Courts but would be more trusting that KPMG's review will be without prejudice.

Okay thanks for clarifying and not escalating the matter Bobby. Do you have any thoughts on why they haven't RNS'd a drill completion? Perhaps it's only bugging me so I won't mention it again if everyone else is genuinely relaxed about it :)

Bobby I really don't understand you, I don't mind a debate where there is a clear difference of opinion but why on earth are you suggesting I'm being touchy about Grappa's post, my irritation is with the company's news flow as I stated? I've noticed that you like to try to manufacture friction between other posters - try and stop it will you, it might amuse you but it just looks rather juvenile.

Rusty I was just looking back at the history of the POX hub and note that it was the 2010 feasibility study into the refractory ore at Pioneer and Malomir that prompted the project. In 2011 they had planned for the construction of the required flotation plants alongside the development of POX so IMO opinion it must be considered a flaw in the strategy to have ended up completing the hub itself while failing to have developed the capacity via the flotation plants to fully utilise it. I don't think the current board can be blamed for inheriting a situation in which all four POX autoclaves came online in July 19 but the flotation capacity is likely to be lagging up to two years behind, Pavel knew 10 years ago the scale of the flotation plants that would be needed, though I wouldn't throw him into clink for it :)

Don't fret grappa, I think I'm worrying more than you anyway. I don't want the drill updates as I think they'll improve the SP on their own but just because I simply want to know what's going on. Perhaps I'm annoyed because I was told progress would be reported exactly as before and it hasn't been. I think the Tweets are great but it's not the same as a regulatory statement saying hole TD-026 complete, on target or not , wedged or not and intersection of visual mineralisation or not (photos now officially vetoed pre assay). We are now in another RNS blackhole unnecessarily IMO and instead a Twitter picture leaves us guessing where we're at in the programme. Even the deviated drill in June 19 was assayed so some core on a pallet means next to nothing.

CHRI5P I wouldn't take certain posters claiming they can't sell as gospel :) I have been able to get quotes for large chunks all week, usually above printed sells, read into that what you will, I am only with a regular retail platform. I admit I'm not certain about this one as there isn't clear evidence of enough accumulation under 8.76 to fill the order but as I said it's unlikely we see everything that goes on. As it was an off market transaction is there a possibility it could be a transfer of stock to JSE? What I am a bit perplexed by is this completely different policy of not reporting drill completion, they must have finished the first hole but not RNS'd it contrary to previous campaigns. Perhaps because it is a shallow set with more holes than usual they always planned to report at the end of the end of the entire operation but they should have said so at the outset IMO.

Unless anyone can verify the 8.51 sell that looks odd to me as well, tested a 50,000 sell and got 8.625

Also it's definitely a negotiated trade. So someone says they want 500,000 shares but only at 8.76p, just shows what the PI is up against in these markets. My only slight concern is there isn't that many sells under 8.76p to make up the order in recent days but I guess we don't see everything that goes on printed here.

Yes trade could this be the start of something...... again :) Odd 1 trade (8.63) as well not in the sense of it being a signal necessarily but funny that I can sell 50,000 at 8.65, work that out.

Found a bit more on XOFF (see the MIC code on London SE site).
"“Where an Investment Firm is not the direct market facing entity the Investment Firm is not regarded as executing on the Trading Venue for the purposes of transaction reporting.” So if you are making a transaction against a broker and that broker makes a trade on the London Stock Exchange to facilitate the trade, you should populate the venue field with ‘XOFF’ rather than ‘XLON’ as you are not the direct market facing entity."

Is that a smidgen over 1% of our shares? Looks likely that someone has played a very clever waiting game. It is an XOFF trade which I only know is off the main market, could be indicative of something?

Cornishpixie, Swiss Toni couldn't have put it better :)

I wonder if the software algorithm works on catastrophic deviation in share price charts? Would certainly be handy if we could press that emergency stop button :)

There are many things that could transform the mcap in the course of this year IMO but anyone who thinks there isn't then fine your call, certainly the market doesn't appear to be anticipating anything in the near term. Bobby interesting post assuming you're saying what is the point of posting. I just like to work through my thoughts by typing which probably explains the length of my posts :) it's how I used to learn as a youngster. The reaction on here is less important to me than the clarity it brings to my thoughts. I don't care if I'm "hero or villain" as you put it. I certainly don't chase tick ups or popularity, I've noticed that if I work through the outstanding risks to the project as I see them there is a deathly silence but if someone follows up with an insulting put down aimed at me or in contrast a highly bullish post based on nothing they will inevitably be ticked. What I'm trying to say is that if you're posting just to seek affirmation of your position then you are going to be continually frustrated, whether well informed or not there will always be a body of posters to oppose you, if you want universal popularity you're looking in the wrong place.

Pacer, economic studies valuing resources will use a trailing average so the PGM rally will be a positive just as the Coronavirus dip will impact negatively. That will give the analysts a reasonable assessment of what is a fair price to base valuations on. The daily spot price certainly isn't doing us any harm as it must impact on the sentiment of bidders but in terms of number crunching only as it hauls up the trailing average.

Hi Steve I didn't know anything about it to be honest but looking it up it was a porphyry deposit. I remember being told that our copper isn't a porphyry but the origin is in a different type of thermal event, a halo effect apparently which I admit I'm not entirely up on :) We might be hearing more about copper after these drills but that's just a hunch based on a number of things, nothing certain.

The go ahead was passed yesterday for the 17.5-billion euro EU Just Transition Fund. Not sure if we'll be eligible for a piece as mining does have an image problem but the fact is that the electrification of Europe is going to need a hell of a lot of metal. Also when meeting challenging carbon targets it is relevant where your raw materials are produced so there's an incentive to support European producers.
https://www.reuters.com/article/climate-change-eu-justtransition/eu-countries-approve-green-transition-fund-look-to-challenges-ahead-idUSL3N2L12Y3

Sorry Brickz your post wasn't showing when I logged in, can see it now that I posted. Very interesting, so AH is a 'Special Situations Advisor' at Capstan. Well that could come in handy because I'll be in a special situation if my wife finds out how far down I am with these EUZ shares :)

Some very interesting Tweets, looks like the first samples going for assay and met. Also seem to confirm that XRT analysis won't give reportable data so we await the assays as expected. I'm a bit confused as to why they haven't RNS'd first drill completion as I was told progress would be RNS'd as before, so something of a departure unless they are still on that first drill I suppose but sending early samples. Some very confident comments on the stakeholder engagement, creating jobs etc and a pic of Antonina. One day I think we'll hear more from the old mine as it has ore in situ plus the tailings which could possibly be reprocessed, though I note it's not on the license for now.

Ah now comes the faux outrage, don't escalate it Lawrence you know very well I didn't accuse you of that. I simply questioned in a level headed manner your logic for investing in a Russian operating company when you have such low expectations of workforce productivity. You have related the situation today to the Soviet past so I guess nothing has taken you by surprise with POG? Anyway I confidently predict you won't address the anomaly of putting your capital at the mercy of a company in which you distrust the staffs work ethic...... anyway having seen bulletin board ding-dongs go on interminably that's my last on the matter.