Member Info for thechinaman

...will hopefully get bored and move on, allowing those who do their research and read the detail to get some cheap shares.

GLA
TC

So, yet again MMs get a trawl of weak holders, then gives them a good shake and out drops the shares into the laps of eager buyers. Rinse and repeat, eh, MMS? Rinse and repeat. Look at the horizon when you’re feeling jittery aka reread the RNSs and hold your nerve. AIMHO

GLA whatever your decision.
TC

But I guess a profit is a profit and if bought I at lows then well done!

Personally, I’m staying for the t/o.

GLA
TC

Offered 182.5 to sell

Well, Sweetness, your track record to date in predicting RNSs has been pretty good so here’s hoping.

ATB
TC

I guess with so much potential, in short, medium and long term, the question is at what point will a mult-national put in an offer shareholders couldn’t refuse? The longer left, the more the company will cost.
‘M&A activity has shaped the Life Sciences industry over the last few years. In 2018 alone M&A activity totalled $198bn, and with a record high of 14 deals worth $173bn in the first six months of 2019, it’s set to be a bountiful year’ and to repeat, these were multi-billion dollar deals.

AVCT has C-19 and cancer solutions and affimer tech’ licensed - $2-4b anyone?

GLA
TC

...after the bell a Buy or a Sell? Welcome views from those better acquainted with LEK/L2.

RNS Monday morning, perhaps?

Stay Safe
TC

Well, it’s good to see the board so bullish. Makes a stark contrast to us stalwarts having to fight against the carp that TDT threw around with such arrogance in the months /years (felt like decades) leading up to the rise. Good luck all. A few more weeks / months means nothing. Just hold and reap the rewards.

Have a great weekend.
TC

Hi, G. Absolutely no knowledge beyond that of others, I’m afraid. I see a lot of potential but perhaps more significantly, I also see a chart breakout. The 2 yr + downward spiral seems bottomed in late summer and now looks to be in a rising pattern with higher lows. Following the spike in late October, the sp is safely within Bollinger Bands. In short, lots of value and sp looking positive so happy to invest and to be patient ... as I was with EUA ; )
GLA
TC

Nope - not mine; different time and different number of shares: 852,473 shares @ 0.02345 = £19,990.49p.

GLA
TC

Can’t see my £20K buy about 9 this morning.

GLA
TC

Re-reading the process description provided, if each step takes one to two weeks, are we looking at end of November earliest? Given the promise by government officials that work would be begin in November, I assume all elements will come together pretty quickly next week. Patience, I guess but need to rebalance my portfolio as a little overweight in Kefi at the moment.
GLA
TC

Ha. Some having been countering TDT’s deramping for quite a while....

All going to plan, I see. Worth having a look at the Eurasia website under ‘Investors - latest trades’. From 5pm onwards there’s a run of Buys amounting to approx 18-20m shares bought and £500k spent. I’m sure it couldn’t be that some in the know are setting themselves up for the morning.
;P
Still holding for 8-18p range.

GLA
TC

Yep, and Pd currently $1760 oz. And now have up to 15m oz @ MT, not 2m.
Bodes rather well.
12p minimum, IMHO, if the board plays hard ball.
TC

If you’re new to EUA and looking for some reading, try Optiva’s broker note. Here’s a snippet: ‘Monchetundra offers exposure to palladium seldom seen in the sector. The deposit is palladium-rich with a Pd to Pt ratio of 2:1 based on grade, making it one of only a handful of new palladium-dominant development projects globally. The Pd:Pt ratio is even higher at 3.0 based on forecast annual production in ounces. For contrast, annual production for the major PGM producers in the industry averages out as a mere 0.6 Pd:Pt. Monchetundra offers a lower risk profile than the majority of deep underground mines in South Africa and we believe the perception of Russian risk has been overcooked. We believe that Monchetundra will increasingly appear
on the radar of major mining companies looking for quality tier 1 assets.‘
If you decide to buy, worth holding for 8-16p - my opinion, of course!
GL
TC

TDT, the “500,000” figure was for five years, not one, and was a conservative estimate as 140,000 ozs per annum is projected ie potentially 700,000 ozs, and the price of pd is likely to be well over £1,000 an oz. So, to dream, at £1,100 that’s £770,000,000 x .8 x .45 gives eua £277,000,000+ over a seven year time frame. The shortages and the demand may change but the bottom line is pd will have to sink through the floor over the coming years for Monchetundra to be a poor investment....In my personal opinion, of course.
ATB
TC

Ah, it’s good to see discussion is as civil as ever on this board. Re EV, the direction of travel is pretty clear; I guess time frames and intermediate steps are the question. There will remain significant areas of the world where infrastructure will take much longer to put in place to support wholly EVs. India springs to mind and other BRIC countries. As an interim, self-charging hybrids such as the Toyota and Mitsubishi models look to be a solution that’s gaining traction (forgive the pun). Petrol will be the fuel and therefore pd likely to be needed for some time. But I suspect the question raised about EVs is a proxy for another question, when will the pd price bubble burst and Monchetundra’s value come tumbling down and therefore EUA’s sp not rise? While it will settle, apart from the demand for pd from the car industry, sitting beneath the current surge in the price of pd are other drivers (ho ho) - SA industrial turmoil/depletion of global reserves/the complexities of ETF trading - which will continue to compound the production and availability of pd. The upshot is pd and the value of Monchetundra may well reduce over time but even five years’ production of 500,000 ozs at £1,000 a Troy ounce yields £500,000,000 x .8 x .45 giving £180,000,000 to EUA. And production will certainly not nosedive beyond that time frame and with surface mining making Monchetundra’s margins very competitive, while other deep mines may be unsustainable, Monchetundra can continue to be very profitable. But we’ll see.GLATC

Interesting, FBW, and what “whole series of permits” would that be that EUA still has to obtain? The interview you reference was from June 2018 and the ‘permits’ mentioned have all now been provided.

What was relevant to the current position was CS being coy about the ‘in the ground’ value of Monchetundra based on pre-permit calcs ie 1,900,000 ozs @ $50 an oz. Wonder what the ‘in the ground’ value is now that EUA has the permits? Yes, patience required but EUA’s Monchetundra Project timeline for first production still reads as April 2020 and with respect, I prefer to believe EUA than you. EUA planned all permits in place by 2019 and it has met that key target so why not the others?
GLAH
TC

Apologies: ‘tens of thousands of tonnes of copper and nickel’... though the additional palladium will probably prove my original figure to be accurate!