Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

Primary Symbol: PGMFF

Financial Services

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.

OTCPK:PGMFF - Post by User

Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 > Buyout target?

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Comment by powermanon Aug 02, 2020 8:56am

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Post# 31355103

RE:RE:Buyout target?

Say the mine plan gets up top 2,000,000 oz resource @ US$2000 per oz that is US$4Billion so at $10/share that is $3.849 Billion market cap. That would be an offer of almost dollar for dallar for all the gold resource in the ground to be mined over 10 - 15 years with no discount for mining expense. Not going to happen not even close to $10, maybe $3 unless a huge increase in minable gold is discovered. DF

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