Member Info for Tricky57

One day very soon, the long awaited RNS will drop, and the wall of green will be there for all to see.
The holders will have smiles a mile wide, while the sellers of today will be checking how much they would be worth IF ONLY they had held on.
Shorters will burn, botflies will disappear and everyone holding will forget this negative period.
Unfortunately, it will be a mega deal for the mm s holding stock they stole just prior, but it will come.
Think what we know we own.
Think what we have no idea about but still own (DFS results).
Any additional licences applied for, that we know nothing about.
All our metals skyrocketed in value since launch of FSP, huge demand and confirmed non binding offers to consider.
As has been said many times, a perfect storm for a crazy rerate.
Hang in there guys and girls.
Its coming !!!!!

The mother of RNS s will land, and all shareholders will have their socks blown off.
The shorters will fry, the sellers will be digging out their statements checking how many shares they held and how little they sold out for (on days like today).
The strong holders will be grinning from ear to ear, loving life and saying "Thank God I held on"
It will happen and it will be AWESOME.
Hang in there gus and girls.
Tricky 57

But they have nt.
Where is their next investment opportunity ?

At the point the company was officially put up for sale, I would imagine they had in mind a sale price circa $2.5/3 billion.
Metal values have tripled since (Rhodium x 5) so therefore valuation expected has to has moved inline with the metal prices.
Buyers will have to pay CURRENT metal price values therefore $9/10 billion is perfectly conceivable.

Absolute Precisions involvement I think was crucial. Take a look at what they can do with their survey equipment.
I believe they were appointed by EUA to prove up drilling data, and then carried out presentations to the interested parties/ potential buyers.
Obviously under NDA could nt say specifically what they were doing or for whom.
I do , however believe, their involvement will have shed far more light on the ore body resources, and helped paint a clearer picture, together with drilling data and geological survey information on the area.
Comments welcome.

Reserves
The three largest ore bodies are the Merensky Reef, the UG2 Chromitite Reef and the Platreef:[20]

The Merensky Reef is a predominantly sulfide-rich pyroxinite layer mined on both the eastern and western limbs of the Bushveld Complex not only supplies most of the world's PGEs but also notable amounts of copper, nickel, cobalt and gold as byproducts.[49]
The UG2 Chromitite Reef, known as the UG2 Reef Upper Group 2, is a chromite-rich layer that lacks sulfide minerals. As a whole, it is possibly one of the largest resources in terms of platinum group elements, larger than the overlying Merensky Reef. and is also mined on both the eastern and western limbs.[49]
The Platreef is the world's third largest PGE deposit (after UG2 and Merensky reefs). The ore body is composed of three "broadly mineralised horizons rather than a distinct reef".[49]
BIC's Approximate Mineral Inventory (PGEs & Gold resources+reserves)*
Ore body Ore (Mt) Platinum (t) Palladium (t) Rhodium (t) Ruthenium (t) Iridium (t) Gold (t)
Merensky Reef 4200 13000 6100 800 250 51 1200
UG2 Chromitite 7300 20000 13000 3700 940 230 420
Platreef 5200 4500 5400 300 N/A N/A 590
Miscellaneous 850 590 610 58 N/A N/A 58
Total 17550 38090 25110 4858 1190 281 2268
* Table modified from USGS, 2010.[20]

Most of the identified mineral inventory is from the three described reefs, most of it is located within the eastern limb but most of the reserves are found within the western limb.[20]

Billions
Nice moniker
Hoping to live up to it ?
14 posts and your calling the shots.
Lets just wait and see if its 60 p or £35

The problem is minimum 2days for funds to clear from trading account
If RNS drops you will be p——d

If you click on my name and scroll through my posts it’s there

I provided information on this about a month baron wickipedia Bushveld is detailed on there

So what
This deal will be a multi company buy
$11 billion will be no issue between them.
Remember BINDING OFFERS/ COMPLEX DEAL !!!
Wont be a single buyer IMO

Tigra
With your train of thought all the way !!!

BOB
Totally agree with you.
This will be a circa £2.87 per share outcome ie $11 billion
Come on EUA bring it home

Spoon fed

NDN
What are you on about
Yes they do have an enormous amount of data
Historical, desktop and drilling data
You obviously have not kept up with information spoofed to you

I would love to know what thoughts above has up to date, given the massive rises recently in commodity prices.
So GMF 78, if you are keeping tabs, your thoughts would be very much appreciated.

del 929
Spot on, I think that generally sums up most peoples days.
I do truly believe this will be wrapped up by end of play this Friday.
Fingers crossed.

Morning Ian, Tilly and everyone.
As much as I hope today will be the day, I think it more likely that final bids were submitted late last week, and that this week they will be scrutinised. Therefore Friday 7am RNS announcement.
So Ian if you would be so kind to put me down for then.
Hoping I am wrong but we shall see.
GLA
Tricky 57

Ian and Portsmouth, my very best wishes to both of you and your families.
May EUA at least take away financial stress from your lives.
God Bless any and all with illnesses.

Tricky 57

My view on value is we have old information on resources, BOD and potential buyers are 100% up to speed with knowledge of all data.
This is where the surprise is likely to come from, PGM prices improving daily, greater demand in the future, huge potential for more resources in any additional licence areas.
Pick a sale number, jeez any one could be right, but it WONT be 70 p