The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It is being held a close secret between our BOD and our various bidders .
What has been proven is that DS was very excited about what we had when the price was $500 /oz and since then:
a) Rhodium has 25 bagged.
b) Our reserves have increased significantly.
I would take the above as a positive.
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Gosh.
https://www.metalsdaily.com/live-prices/pgms/
$25,300.00 / oz
Don’t know why I keep mentioning it as we don’t have any LOL!
DS = Cheshire Cat.
GDA
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(Waders off).
I think he may have bought another 250k this morning, Clever chap, good timing and hope many of us have also topped up recently as I have significantly.
Like many before, this is another great lesson from EUA in patience, logic, and understanding.
GDA
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Dear Tilley,
Was it you who went to the doctor the other day for a prostate check and when he asked you to take your pants off and you did just so and asked “where shall I put them”
the doctor said “ just bunk them over there next to mine” ?
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Jumped over $1000 / oz overnight.
Chop chop
https://www.metalsdaily.com/live-prices/pgms/
HDA
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The latter half of H2 2020 was suggested to provide good news for shareholders by Keith, from memory, by email in circa July 2020.
I suspect that the level of interest by the wide variety of parties along with the rapid rise in PGM prices has surprised even the BOD in a very pleasant way and hence the further negotiations required and extending timescale to provide the absolute maximum shareholder value possible.
We have had lessons in patience over the past 12 months and if we can learn from these lessons we will be richer for it and if we are impatient we could live to regret it.
GEA
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Vast incoming profits for the major miners due to metal price hikes all round the arena including return of divi’s (Glen. etc).
This is just one other factor within the perfect storm scenario that we find ourselves in.
GDA
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