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Good morning all
We have been told of multiple interested parties
We have been told it is a complex deal
Bush veld style complex is mined by a number of major players but mining in SA difficult due to Covid etc
NN issues with flooded mines
PGM S rising values against rising demand
All a perfect storm for the sale to multiple buyers, the main reason it is taking so long to conclude the sale
$10 billion minimum
IMHO
GLA
The very reason sp is where it is PP.
II s put in an order for x amount at y price, MM s manipulate price to fill the order.
More they sell, more they earn.
As Tilly and JT Mac keep saying, pure manipulation, nothing to do with the value of EUA.
It will take a sale announcement to move anywhere substantially north and there is nothing we can do about it.
Apart from NOT sell 11.
GLA
The report further states an amount of 21,600kg Raw PGM as an author's calculation of P1 category for the metallogenic potential of the district surrounding the mine for which exploration licences have been issued or are being progressed.
I havent seen anyone highlight this part of the statement, but it adds value to West Kytlim massively
mac
I see from the map you posted earlier, that the exclusivity zone is literally up to NN s front door.
That fact alone would likely be a driver for them to want or indeed , need to be part of the bidding process.
How could they live with the fact A n other, is mining next door, and they did not, at least, tender an offer.
This is for the long game for all potential buyers, 20, 30 ,40 years into the future.
Potentially returning $ Billions per year once fully operational, expanding licences etc and ever increasing values of PGM s.
Its $Billions sale nailed on imo, and NN wil play some part in it.
GLA
Lamstree
Posted in: EUA
Posts: 402
Price: 27.75
No Opinion
RE: Ever Increasing Prices08 Mar 2021 14:07
and that is exactly why there will be a sale between 6 and 10 billion.
What a difference a week makes eh !!