Member Info for spoon_key

Yea he really is car crash TV, I do hope we have some good outcome to help towards getting out of this mess but he does not help at all! I do think the markets will love this though as they just love any reason to go up more and more even during these times we live in, the Dow is literaly living in cloud cuckoo land. Will the house of cards finaly come tumbling down in the next year or so?

Lol whatamess, I was so hoping he would announce that injecting bleach cures the virus just for the OMG factor of it all!

What was funny in that presser was when asked about the FDA's "Independant determination that its safe and very effective" Yet the Dr just says its showing "Promising efficacy" This is not the same as approval but lets go ahead and do it anyway because we dont need to actually test it fully for safety as theres an election coming up! This man will do literaly anything to win!

lol @ kick me out!

I admit its tempting me but as i dont fully understand everything yet I just want to get an idea of everyones views on what a realistic sp is for EUA as I've read some figures that make me question things?

Thanks for the replies so far

For everyone including those who, for whatever reason, dont like Rowka, what is your get out price? Even those who are not as confident as some please post, I just want to try to get a realistic viewpoint on what the board thinks about where the sp could go, also please post of you think it could go down.

I mention that I do not hold yet as I'm still undecided which is why I ask questions :)

Thanks

Rowka you said:-

"I will leave you with this.

When the price of palladium started to rise why didn’t NN make a speculative bid for Eurasia? If anyone knows what’s in the ground it’s them, historically they owned it."

Also:-

"The more interesting subject is why have NN let us have the data? They have logged discoveries in the flanks they will have a strong say on who gets the license and who does not, as we know others have applied and failed."

Now I'm more than likely reading into those 2 comments wrong but they come across as negative?

Why did'nt NN bid for Eurasia? Is it because there wasn't any worth in what was in the ground?

Is that you you are saying?

Who were denied the licence and why? I've tried googling but not actually sure what to search for and if NN hold so much power then why would they grant EUA the licence? I think what you are saying is they want EUA to have the licence which is why they gave them the data, is that correct?

If anyone can explain what I'm oviously not understanding very well it would be much appreciated.

TIA

Thanks Jiffy

Assuming the time scale match and that Tipil was applied for in June 2019 and given this month is it safe to assume that the flank licence could be due in December due to it being applied for in Sept 2019?

I understand its all guesswork and again thaks for the replies.

Thanks again for all the replies, its been a great help. I have just one more simple but maybe unanswerable question, when is the licence expected? Is it anytime? I have trawled through the RNS's since the RNS on Sept 2019 was released but other than its gone through relevant governement departments I cannot work out roughly when its due?

I was going to trawl through the posts on here to see if this has already been covered but to be honest it would take me forever!

Any help on the this final question would be great.

Thanks again

Is there any risk at all in the licence not being given for the flanks and if so what is the risk?

Also I read some peoples post mentioning that EUA will 2,3,4,5x from here but is that realistic? Whats the reasoning behind thinking that it could multibag from here on?

What is the actual worth profit wise assuming the flanks licence is given but also if the flanks prove to be a false dawn, if there are any such a figures yet?

Any help on any of these question is appreciated.

I'm just trying to get a grasp on this share before deciding to get in or not, I have read the RNS's and the company website and quite alot of the posts made on here and undertand they have alot of positives but with such a big sp/mc rise as of late I worry that the chances of multibagging from here on are maybe just hopes? This is NOT a deramp btw its admittedly me not fully understanding the share just yet which is why I hope you dont mind me asking these questions.

Thanks ia for the help.

Thanks for the replies, I had a inkling it would be the case that you only pay on the profit earned after the £12.3k and not the £5k invested also.

Can anyone clarify this capital gains tax question.

If someone places £5k into a normal share trading account and then invests in a share and that share goes up making the investment worth £20k is the person allowed to take out £17k before having to pay CGT (£5k original + £12k allowance) Or is it £12k?

Or it CG tax owed even if you dont sell the shares?

Also who informs the IR when CG tax is owed once the £12k threshold has been reached, is it the investor or the share account company?

Thanks

P.S I do have some EUA questions I'll ask in a seperate post.

Dont be daft we all have a number, or are you saying you will be in it for the dividends till the day you pop off?

The main reason I asked was due to how much you seem to understand so it would have been interesting to know your get out price but fair doos if the divi is the reason.

Thanks for the reply

Thanks for the replies and info, I'll look into it this weekend.

Thanks for the replies, with so much upside potential I was just wondering why the mc was low, assuming it is low as ome may see it as fair value until mining has commenced?

One simple question, whats your get out number?

Thanks

Soory my post makes it look like a statement and not an actual question, so can anyone explain what the main risks are which is why the sp is only a fraction of its potential?

Thanks

Oh and thats not including Vermelho.

Araguiaia is a tier 1 nickel mining project, the nickel price is over $14,000 x 3.5 mt = $49b - Cobalt over $30,000 x 140,000 = $4.2b so over $50b in the ground yet HZM's sp is £73m?

So again what am I missing?

Thanks

Thanks Simon, how much more of an upside would you assume there is once they start mining fully if thats possible to answer? I'm basing my question on Dundas only and not their other ventures.

Also when you mention "Major offtake" What exactly do you mean? Sorry if its a noob question!

Thanks again

big bad wolf not would, stupid fingers!