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How could a deal be concluded quickly pending a DFS for a gargantuan resource which was only concluded June 23?
At the time of Covid the company in it's present format was 2 decades old? Why would a company operating in such a juristriction suddenly decide to sell quickly (to whom precisley?) without the aforementioned documentation and clarification which may be proven a necessity for a sale.
Besides if it were that obvious as you indicate, why stay invested post covid?
Worthy of a bump :)
It appears China are positioning to clean up in terms of commerce and resources, should be interesting in a decade or so time as to who's wearing the trousers?
'Unless the point is that, if only one asset was announced then there is still material information held by insiders?'
That is how I see it, I personally do not think this sold as 'one lump' and think binding offer(s) would come from more than one party for separate asset(s)?
My opinion, may be wrong we shall see.
Have a nice eve all.
The options won't be exercised without a sale.
The options come up in November (some time) so I would have no doubt will be extended.
Let's say the company announce a sale tomorrow, still needs to be voted on etc this would take time and unlikely.
Most likley if a succesful sale is announced it may be for an asset (oneor more) and a binding offer, which would then need to be voted on.
None of which would be concluded prior to the options extension date?
IMO
'they will allow their chunky options to lapse this time'
Why in the world would they do that if they are set to announce an asset sale?
'Once the BoD has rinsed this dry they'll take it private and screw shareholders.. thats my guess'
The BoD had ample opportunity to perform that trick prior to the new NOMAD announcement and also prior to the recent AR.
'Why is the tax link irrelevant ? It is directly relevant to delayed sale of concentrate ...'
Wasting your time mate these people do not come here to discuss any points relevant.
A website relevant to the Russian ministry of finance tax ammendments is not a creation of the telegram group as I think everyone with semblance of common sense will concur, but don't let it stop another derranged rant :D
https://russia24.pro/361424790/
This is good news for the company and investors as the Russian ministry of finance confirms an ammendment to the tax code which should eliminate a sharp jump in the taxation of mineral extraction.
It's been a disaster on a massive scale with a totally reckless regard to the lives of all concerned by all sides.
Would not be so surprised to see Zelensky shuffled aside and some hastily inadequate agreement cobbled up?
Missing a trick not having a 5th on the team Toffers is all I can say to that.
Never the less suspected this to be the case for some time, I hope you get better soon wolfe all the best YNWA :)
If the judge is consistent then will not be impressed, as EUA also sought to reference a lste witness earlier in the trial and this was also given short thrift.
The claimants are also on their 3rd set of legal representitives I believe which I would think unusual if they considered they have a fair chance of succesful outcome?
The negheads are cut from the same cloth, multiple posts a day from first thing in the morning to last at night, all negative usually attempting to anatgonise or get a rise out of investors or to blame for their own mistakes.
Some appear emotionally needy, they need us, they need EUA, the best place is the bin cut them off complete waste of time.
Have a great day all holders, and non holders who are not bitter and twisted.
Wrong board mate, but your one post has more merit and more interesting than the multiple pile of drivel via the green box crew that we receive here on a daily basis.
🎪
Paul, whatever the end result here is you do not understand this company JN's role or level of expertise and I am not going to waste explaining it to you, you should be well aware of precisley his role his remit and succesful completion of the aforementioned.
Paul you have never been positive, not for years you don't even appear to understand the role of JN or the reasons why he left....did you even research the company or like many of your fellow posters here grift around the bb's rainbow chasing?
Some of the negheads could apply make a change from spending their working day on a company forum they have no investment in?
Not sure 'grifting' qualifies for any of the roles mind but if it did y'all would be in a bun fight :D
Hopefully you have placed your short that you were saying you were going to do as you are confident a 1p SP?
The others have not got the cahonas for it you could buck the trend, a neghead with a pair?