London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
From the RNS dated 28th October 2021...
"Until a transaction is finally concluded there can be no certainty that a transaction will occur or on what terms."
So it's true that there is a possibility that we may one day see an RNS stating a sale will not be completed.
However, from the very same RNS...
"Further to the proposal from the credible party on the potential asset sale the Buyer has informed Eurasia in writing that it has successfully completed its due diligence."
Also....
"since the receipt of the Proposal in May for the potential acquisition of substantially all of the Company's assets, additional interest from other parties is being considered by the Board."
So not only do EUA have a proposal on the table for a sale, they also have a plan B just in case plan A falls through.
So which outcome looks more likely? Deal or no deal?
"Remember, Dimitry said they wouldn’t be rushed"
Well that's one promise they are certainly keeping!!!
Neo
Are you trying to create facts from fiction?
Or are busy writing a comedy & have writers block & perhaps looking for inspiration by posting drivel!
It has to be said, I always read the threads that you post on, but that's just to read the witticisms you inspire from actual investors.
RR & all
Usual crack disruptive posters have the foul whiff of reincarnation & Or Agenda ,
She sniffs them out , our Septic Lil has a good nose for a foul odour , well she has to ,
There are currently yet unnamed mushrooms & fungus in the scientific world growing on her leathery festering carcass .
Come on Pipe4 the crew require some JORC meat to chew on .
Rums all Round
RR1889
Thank you for putting NEOCANTUS in his place.
Aspen: Investor, No….. Infestor, most certainly. Account set up less than 2 weeks ago. Sent into spread fear but wasting his time.
Just another bitter alias that missed out on the 0.5 / 1p days.
Remember, Dimitry said they wouldn’t be rushed, he has an alignment with us shareholders too.
The size and the complexity of the deal is the reason for the wait.
Have a lovely weekend all Genuine Shareholders
Ryan
Note change in the last 3 RNS's - the NICKEL Addition in Monchetundra
predominantly PALLADIUM AND NICKEL open pit deposits
Eurasia Mining plc is a palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominantly PALLADIUM AND NICKEL open pit deposits located 3km away from Severonickel, one of Norilsk Nickel's largest base metals and PGM processing facilities, near the town of Monchegorsk on the Kola Peninsula.
GLA
Neocantus
Are you an investor or not, i for one would like to know.
You're doing it again Neocantus "…once the no-deal RNS lands…". Stop stating your guesses as being facts.
RMR1969 - The Neo put down.
RMR I'vealways admired your turn of phrase and the style with which you deal with these agenda drive clowns.
Keep it up.
Cheers
Fair enough Lenoman, I get the same pleasure in winding up scammers that phone me up. I wonder if he does that as a side hustle =)
Nelson, certainly agree with your sentiment that a deal is possible; i just disagree with you on the likelihood of a deal. Nothing fundamentally changed between the sp lows presuspension and the couple of months postsuspension when the share price rose dramatically. Therefore logic dictates that the price change was based on the info change and the speculation surrounding that. Once the no deal rns lands, it will be back down to those levels, possibly a bit higher with the options on Pt licences. I don't think using a percentage of value of in ground elements is very relevant - there is no intrinsic value in mining PGMs, only in the profit of selling extracted minerals. So 1% of in ground Pd value may sound like great value, but is rather misleading and meaningless. I personally was very happy with the opportunity to make quick returns by selling into the takeover hype, and will be happy to buy back once the price crashes back to earth, and then wait for the long, slow slog of building a mine and extracting saleable minerals. At 2 or 3p I will think they represent good value again. Even with the acceleration in demand decline for Pd, which is my main reason for thinking a takeover is unlikely - the major players will have been.fully aware of what Eua has, but in reality if there was huge interest, there would be bidding wars, a quick winner declared and a deal done long ago. That hasn't happened, and i strongly suspect that it's because the political pressure to
accelerate phase out of ICE vehicles has been more determined than anticipatable, even a few short years ago.
Deemon1981,
You are right, but I get pleasure in exposing their lame attempts at denigrating Eurasia
You are stating "and once this all ends in a no-deal" as a fact rather than as your guess Neocantus. You are misleading people by stating this. Why is it OK for you to make misleading statements?
II's
Why are you all wasting time with this pleb? Obviously has a reason to be here, feebly attempting to sow seeds of doubt and it's not for our benefit. I don't like to filter as always good to hear opposing views but this guys game is weak. Now I have a grand total of 3 on my filter list lol
Don't feed the trolls!
Neocantus,
Not sure I would want to invest my hard earned into a fund raise to pay bankers and solicitors, from a failed sale deal.
You would have to be proper dumb to suggest that anyone including IT'S would bother. Please try harder, as you are coming across as a plain old de-ramper, with no facts, just fantasy.
"And once this all ends with a no deal there will need to be a large fundraise, at the new crashed sp, to pay all of these professional services fees"
Who says there wont be a deal?
Given the value and the interest already expressed that would be the lesser result imho. But lets humour your no deal assumption - I dont believe our directors would have put themselves in that position and these firms do work for shares of sale - but you ultimately pay more on that sale. We would still need to potentially raise to gain funds to mine, but more likely to farm out if we dont sell.
So not getting any sale at all is about as logical as positng on a BB for a share you dont hold....oh - I see for you it makes perfect sense!
Neo, if you want to bleat negative stuff jog on and draw a nice picture with your crayons.
Yawn …. Lol
Neocantus,
Can you name the people who are fraudulently trying to con people into buying into Eurasia
Neocantus Who were you ?
Now that you have a new monkier . Whats the plan ?
RMR - I hate to break it to you, but every company sale which falls through has reputable investment banks, lawyers, accountants and advisors on the sell side. None of them are "risking their reputations" they are just EXECUTING on their business plan! And once this all ends with a no deal there will need to be a large fundraise, at the new crashed sp, to pay all of these professional services fees, because they don't work for free, regardless of the misunderstanding by some on here about how IB success fees actually work.
Great point Ginger Hippo - kind of surmises the whole share investment process. Valuation does not equal price most of the time!
SP angle lol
I was buying these when they were in the 0.2's of a penny a share, now look at the price.
Next lame angle.
Do they have any better derampers or are the 5 year olds all they can afford?
GLA