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Fantastic outcome.
Signifant dividend payment for part of eurasia assets but we will still have our own to mine!
Without a doubt the best way to maximise value for shareholders. My guess is a dividend greater than or equal to the current mcap (share price) and we all get to keep our eurasia shares for the next journey. Very excited
"the potential acquisition of substantially all of Company's assets"
I've seen those few words quoted from the RNS several times and I can understand why. They are potentially the most exciting few words but is it poor English or legal speak? Is it a substantial amount of the companies assets or all of the companies assets? I'd assume if it's the latter, we have a total buy out rather than a dividend.
This definitely isn't the end of the story, we still have a lot of clarification to come but it looks like we're nearing the final chapter.
Nice/great news
Expect there will be a pool of Insti money waiting to buy meaning we will not get a chance at any cheap shares on open IMO
GLA
Interesting to see how TMS, TBTT, TDT and PATT will try and spin this one.
Well done everyone, nearly there.
Why ? Are u expecting a drop? Am I the only one who think he’s done his beanz on Eua
Booooom yes yes well done all fantastic news .
Off to check III and making sure I don't have any low value limit sells set up .... :)
Gecko,
Life changing for me, and I think a lot of people, what a team of stalwarts we were, against the filthy, disgusting bots, hope they rot on hell, rant over, rums all round lol, again and again
Congrats all holders and cheers to again to Mac, Ian, Tilly, JT and every other genuine holder who has provided info and kept spirits up along the way. Just need to land the ship into port and we’ll all be JUBilant holders : )
land ahoy.... dare I say!
IMO
Ian, who had today for the rns? Does this count? ;-)
Well well, that was a nice bit of news to come home from work too. As Del Boy would say Lovely Jubbley
Gecko,
Sweet music to our ears, and thanks for the advice on getting out of Vast, which I did, and invested here, cheers mate
I was green boxed by one or two for predicting this outcome! On the Rosgeo RNS.
I think this is outstanding and my preferred option if I have read it right.
Well done all holders, whatever your view. Hope the potential Divi and hopefully yearly Divi is a good enough outcome for all.
Watch this light up in the morning.:-). Many who were sat on the fence will jump in with both feet.
Like, like, like this part !!!
“James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "After significantly strengthening our position in the open pit PGM district of the Urals and in the PGM and battery metals district of Kola recently, we are enthusiastic to advance a potential deal that provides an opportunity to monetise the value to Eurasia's shareholders. We are also focused on the creation of a globally significant producer of PGM and battery metals. We believe the timing is perfect taking into account the consistent supply disruptions in PGM and battery metals segments".
The fsp was open ended ! A normal sakes process is put up or shut up in 40 days :) I’ve been staying away from the bb because the rinse repeat churning of the bigs holding from mid 30s to mid 20s was depressing :) That will stop now buying pressure will not be snuffed out by churn and the sp should test all time highs pretty quickly :) well done very lth and well done mediums like me :) tomorrow should be fun.
> In short, we've found a buyer and we're off the market.
Thanks Panino.C. I like that summary. I like that summary very much!
"the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets. The Board has decided to focus on this potential asset sale."
And that's all she wrote . . . . .
GLA
Very good RNS.
Seat back, relax and enjoy the ride.
GLA.
Tomorrow morning can't come soon enough!!!
Shipmates are required to do an all nighter to reinforce the mast and prime the boosters. The Galleon needs to be in top shape as we go into orbit tomorrow.
ATB!
Ricardo:
In short, we've found a buyer and we're off the market.
Will update you on the final numbers.
I found this URL which might help - https://www.pinsentmasons.com/out-law/analysis/formal-sale-processes-now-key-uk-public-ma#:~:text=What%20is%20a%20formal%20sale,prior%20to%20receiving%20an%20offer.
Exiting company takeover to focus on sale of substantially all assets. Doesnt stop one of the others coming back with a bid though.
Here we go ladies and gents, stick that in your pipe and smoke it green boxes ahahahahahahaha
To all genuine shareholders who have sailed with me on these LSE waters, thank you for joining the battle against green boxes, thank you you for having faith in an incredible share and thank you for all of the kind words along this journey. Tonight we feast and drink lots of our favourite tipple!
GLA
GLA