Member Info for Wotitsworth

True Suzy, perhaps the debate is about how the concession should be managed.

Very positive over the water today :-) up 10%

sj74 that assumes Thor isn't related to Baylan, was it Sept 20 when Baylan said the decision was under review/document being prepared hahaha

Nice post Helena. But debate on friday............
So no decision this week

Steward1, thanks for your response.
Yes, I am talking about a mine or at least once the mine is fully approved. For sure everything before then is a guess based in sentiment.

Thanks

Everybody wants to know what their shares could be worth. On this occasion, I agree with Snowking....., people didn't invest because they thought the price would drop.
There are of course 3 pieces to the share price puzzle. Value of what is in the ground, how much it will cost to get it out, how many people share the profit (number of shares in distribution shareholders).

Value of what is in the ground, volume x unit cost. Would be nice to get some reserves updates. As much as technology advances, I believe this still holds some question marks until the shovels are out.
Cost seems to be a guessing game but we can come up with a worst-case scenario as a percentage of the product.
How many people, we know how many shares are in circulation.
I guess you have to throw in a stability factor, which is something likely to upset the supply and create an additional cost/reduce the value, like an unstable govt.
All in all, it may be a guess, but the better we know these 3 numbers, the better the guess is, so can add variables like a P10, P50, P90. Its still a guess but narrows it down surely.

I have heard many times that a rule of thumb for the value of a mine, once exploitation is approved, is 10% of the value of what is in the ground.
I'm interested to hear if anybody has an alternative to this or if in fact, you all think this is nonsense.

POSTED IN THE HOPE OF A SENSIBLE CONVERSATION, OR SOMEONE HIGHLIGHTING WHAT I HAVE MISSED RATHER THAN SOMEONE JUST SHOOTING IT DOWN AND SAY ITS BULL***T

Good luck all.

Hopefully, Mr Thor will remove his cranium from his rectum soon, and do his job.

I guess where we are, we have to ask "has anything been useful to finalise the answer" because we don't have an answer.
If Sven did nothing then we would criticise for that. I think someone locally pushing is a good thing, and also a local "Swedish" head must be a good thing with the high local ownership and sensitivity there appears to be about Reindeer.
The people at fault are obviously the Swedish govt, not Sven or KB.....Just stating the bl**ding obvious of course :-)

Hi Eric, I doubt Sven "had to" to write to the minister, I'm sure it would have been a choice based on the fact he is CEO. Even though Sven is swedish, KB is still top brass.

Good point Eric, for all the comments we may have heard or missed, it's pretty safe to say that KB and the team won't have missed them.

yup. fingers crossed suzy

Eric, I thought KP had said March. Maybe wishful thinking

Seems like a similar myth Suzy :-)

Another week no news.
2 more Thursdays but only one more Friday in March, "the promised month"

75 million shares traded in the process

Just a joke newspaper scaremongering
Spotlight price will return today as people check it out and realise that its nonsense.
However, someone connected to the newspaper has affected the share price and if profitting from it, im sure will be illegal

Thanks Roller and Andy for sharing.

Hi Roller..excuse the punn.
Is that something we can log into or get a link of
Any help much appreciated. Thank you

Putin is a rabid dog and needs to be put down

3 Card.......Lets hope so, after all he has changed the constitution in Russia so they cant vote him out. Lets just hope someone does the right thing for humanity and removes Putin.