George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
https://www.metalsdaily.com/live-prices/pgms/
Rhodium back up to $29,500.00 /oz with Pd and Pt looking rosy too.
Timed to perfection.
DLA
NDA
Trift - This is the Wader x
Hi TBTT
Do you know how long the FSP has been going on for?
TigerByTheTail
Posts: 5,204
Price: 27.80
No Opinion
RE: Advice please EUA veteransToday 17:22
Hi Spotify!
"Final Sales Process" now ongoing nine months. No bidder named. No PUSU deadline declared. Many red flags. Therefore, likelihood is that this ends without a final sale.
Also, market cap vastly overvalued. Compare to other PGM mining companies lies who are actually mining.
Oh, and Russia.
TigerByTheTail
Posted in: EUA
Posts: 5,204
Price: 27.50
No Opinion
RE: FSP Now a Key Element of UK Public M&A Market01 Apr 2021 18:11
Hi Brisk!
We can argue about it, but you're right - it's a guessing game.
I still say no buyer, you say yes, there will be - fair enough. Time will tell.
But it is high time that the Takeover Panel took an interest in this deal and forced public disclosure of the bidder and a PUSU deadline on the process. It's over a year now that EUA are in this FSP - that's farcical.
I think that the huge conservatory was designed and included because the demand for the house was so colossal and I also think that the house and the huge conservatory and perhaps a few more outbuildings will constitute a “district” of high value property. Think Monopoly; think Mayfair, think Park lane, think nothing Old Street about this set up.
Tomorrow
Trift x
Agree Mac. Volchetundra is the potential jewel in our colossal and expanding crown. Always had a hunch that we would get more acreage prior to sale and therefore a higher sale price or additional future gains. One thing is for sure, we are not standing still, this is not “distressed” selling, this is the complete opposite. “milking it” comes to mind and I think we (mostly)will look back on this and realise the genius involved.
GWA - 4 days off, I will be switched off until Tuesday; a nice opportunity to kick back and take a break from the drossers. Perhaps we should leave the distressed section to themselves for the weekend and enjoy our eggs.
LOL
Trift x
Hi Aviz,
It all makes perfect sense. Some pundits are winging about EUA now going into mining because of this latest news but to me it indicates quite the opposite. Ducks in a row and all set up definitively for the new owners to pay top dollars. All future acreage secured, no lengthy delays to licence applications with the Russian Government in cahoots.
Enjoy your weekends!
Trift x
.......To my early morning post, apologies for the errors, I was a bit sleepy and excited all in one.
“We are now sold”
Just my musings:
This binding agreement is a condition for the other binding agreement / agreements. Expect full sale to several acquirers soon.
DLA have earned their wage by securing all future acreage options in one fell swoop. This is not how EUA have historically expanded their acreage.
This is a fast track with a 25m oz Pt brown envelope to the Russian Government whilst at least doubling the final FSP value.
This is planning permission granted.
This is why it has taken so long.
This is genius.
This is timed to perfection.
This is the way.
This has a minimum of £8 p/s written all over it.
Like my dog said to me after swallowing 2 pieces of string which came out the other end as a double-granny, “I shhitt you knot”.
Trift x
WTFDIK
DYOR
LOL
Just my musings:
This binding agreement is a condition for the other binding agreement / agreements. Expect full sale to several acquirers soon.
DHL have earned their wage by securing all future acreage options in one fell swoop. This is not how EUA have historically expanded their acreage.
This is a fast track with a 25m oz Pd brown envelope to the Russian Government whilst at least doubling the final FSP value.
This is planning permission granted.
This is why it has taken so long.
This is genius.
This is timed to perfection.
This is the way.
This has a minimum of £5 p/s written all over it.
Trift x
WTFDIK
DYOR
LOL
Hi Saxpot,
Off to the cove Tuesday early doors to try for a Bass. Be interesting to see which comes first, me catching a Bass or EUA selling. I am a patient bird so can enjoy the wait for both. Nice and warm on Tuesday so the low-cut “fishnet” waders may suffice. Meanwhile I will mostly be in the hot-tub (without my waders).
Peaceful weekends.
Trift x
The galleon is full Tilly.
Big week next week potentially much like our other mutual interest. Be nice if one popped before the other to piggy back bit what a day it would be if they popped together!
Good weekend to all.
Trift x