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no one will ever accuse you of being a ramper moneymaker, you have no worries on that front as every post of yours without fail always has a negative slant on it which makes it look like you are trying to talk the price down to trade, I'm not saying you're a trader but I can see how duck and other genuine holders here think you are due to the way you post.
Anyway, whatever you post it won't make any difference, you haven't made it into a green coffin yet, you've been close on a couple of occasions, but not in there yet, as long as you behave yourself you will stay out of there for now. x
Doubt?... I said up to £2 in the same sentence! If anything you should be arguing I’m ramping the share.
As I say my personal view of between 30p - 75p is a relatively small window compared to some of the figures I’ve seen thrown around on here. Hence, the ‘absolutely no one knows but realistically it’s somewhere between 20p to £2p’ comment.
It’s amusing how wrong you are with your presumptions about trading. Everything I do is based upon risk. At the moment there is far too much risk involved with trading these shares in comparison to leaving them sitting there. I wouldn’t chance missing out on a few hundred £k, for the sake of a couple of grand here and there. You are entitled to your opinion though, so no problem if you do believe I am a ‘trader’.
Duck, my post was saying no one knows what the sale price is going to be but realistically it’s somewhere between 20p and £2.
People have been getting hung-up on valuations. My post said “ At the minute, the only people that can narrow that down are the one privy to deal itself”.
It wasn’t discussing what I think the lowest price would be or the highest. Maybe read the full post in future, rather than just seeing a 20p figure you dislike and then commenting against it.
Curious about these “activities” though. What would I have to gain from the other day saying my personal view is that they wouldn’t accept anything below 30p, then today saying absolutely no one knows but realistically it’s somewhere between 20p and £2 if an offer was accepted?
Gecko
my view exactly and ive watched CS as well, no BS, straight talking and grounded. Its clear that the overall resources are vast, how economic some are is debatable, but its clear that our board think some of them are very because we have the new WK mining plan to come which will greatly increase output, Absolute Precision and others doing...well we ware not sure but you can be sure its working for us to the upside and it would appear that there are designs on Volchetundra through a subsidiary.
It all points to the BOD saying to buyers you're going to have to give us something for the potential here on top of the the 15m oz at MT and whatever WK is worth if its the whole company. Its got the potential to blow the bloody doors off.
GLA
Flyingduck, my personal view and realistic boundaries are two completely different things. I also mentioned the upper scale of £2.00. Do I personally see it going over even £1.00, definitely not, but it is possible.
FWIW...One of the options is a partial sale, dividend and rince repeat. A bit like GGP will do. There may be a claw back based on recoverable lebels etc..
I think this is a genuine option and will give us maximum value over the longer term.
A sale now will give much of the £3.50 value to the next owner.
If we can get a ssle above £1.35 I would be happy, but we will see.
Keeping Eurasia as an entity also gives the potential of a reverse takeover of MNRG, which Christian Shaf... is on the bod.
If I have called that right then I will be very very happy...
20p is where it's at now. So 20p to £2 is pretty safe as a forecast.
Bleary,
It’s off AFC’s broker note:
https://acfequityresearch.com/wp-content/uploads/2020/02/Eurasia-Mining-Plc-MA-Valuation-FINAL-ACF-03022020.pdf
It’s a very useful guide. However, it’s based upon NPV and future projected cash flows. Theoretically it’s what EUA’s share price should be by the end of 2021, had the Sinosteel contract been activated.
It isn’t a sale price figure. However, EUA did originally post it on their website in Feb, after they had announced looking into a potential sale of assets, so read into how you wish...
The best indication you could get for a sale price is by benchmarking it off sales for similar plays. Obviously don’t just pro-rata these though because with the economies of scale effect, if you had twice the resources as another play, you wouldn’t get twice the sale figure.
Ultimately, a sale of the company is likely to sit somewhere between 20p and £2.00/share. At the minute, the only people that can narrow that down are the one privy to deal itself.
Stockdale , could you give me the calculations how you come to get a price between 54.8 and 60.6 , would be interesting to see.
Gecko, this interview convinced me that we were in safe hands and if there is any additional value other than that which is currently RNSd then we will get something for it.
I keep thinking of TDT's comment about DS that hes making it up as he goes along at best or a liar at worst.
GLA
Thanks Gecko
Hello serious investors and researchers.
I and I think most of us would benefit from listening to DS when he presented last Oct ? With all the information we have now would it not help to listen again and see if we can read better between his lines?
I seem to recall that he implied just selling MT and shareholders getting a dividend but bearing in mind what has come to light since on this BB are we going to sell everything or make WK a fully working mine.? Then continue exploring and getting the licences for the areas that seem to be awash with 'treasure'.
Anyone got the details of DS's presentation please?
I'm more into zen and the ride than motorcycle maintenance I'm hoping for 60mph and will be thrilled but 30 to 40mph will get me somewhere.
If I want my bike looking at I'd take it to the experts with all the tools and trusting their speed predictions. I wouldn't be talking to lots of hobbyists then having a go myself at getting it up to 350mph or even thinking it's something I should be planning for or let them tinker. No matter how much mind sparf they emitted I'd be unlikely deeply moved. They are likely to throw some nuggets of interest that I hadn't thought about but in reality with a busy life most people don't have time to deconstruct and redesign their motorbikes, let alone 5 at the same time that are moving.
So yes a level of research is good but people don't necessarily want to engage in thinking out load with drunken latecomers to the party when the cake is about to get sliced. The socialising bit is largely over. We are not too worried how many chocolate chips are in there above a certain amount.
It is true the board may have been busy fitting a load of extras and we will enjoy seeing them if they arrive and I am now a little more convinced of a larger upside potential it's just a bit too much work to get the hopes up sky high as we know it will be difficult realising that value and it will have to come through RNS anyway so we wont miss it. Would be good to tone down a touch and just post in the new stuff or really insightful stuff like the tipil licences, sat images, highlighting the fact the original licence area was more likely focused at pt/au than pd due to the times and so on. Otherwise we are happy to go off the RNS figures and ACF report and power of 78 and so on that's already done a good job of putting meat on the bone.
I tried to help by quoting the RNS verbatim on reserves/resources but was told by a speculator I was overthinking it and looking too wide. Such things make conversation a little wearying. Needs a new sparf filter this bike.
Good morning all
No 4 checking in. Whatever the valuation will be, we shall find out soon enough. The company we are surrounded by, ie CITIC UBS etc deffo indicates a deal will be done, imho
However if we do have to mine ourselves, ask yourself this.
1) what would the share price be? Baring in mind the current rns info to date , with approx 40 m oz at our disposal
2) we would Almost certainly be looking to move to a main listing
3)results from WK and from AP would in my honest opinion, send this in to orbit
4) if it was all low ball offers then in my opinion it would be done and dusted by now, so I feel the longer this goes on, the better the deal
Gla we are another week closer!!
I used to post here a lot but have not done so for some time as there's been a lot of nonsense posted. Recently rowka has appeared and has posted some good research but has progressed into some extraordinary values for the sale SP. I would only wish they would come true but they appear to take the overall value of palladium as the overall value when there are many years of mining to be done and many roubles and dollars for a buyer to spend to get the palladium. It is surface mining only but a large amount would have to be spent on equipment, processing plants and for employees over many years.
I originally considered around 30p would be a good final figure, when the SP was around 1p, but have now realised the figure should be at least around the ACF figure from their 3 February research article. That concluded a figure between 54.8p and 60.6p. It may even reach 78p. However if the BoD hold out for a much higher figure they may end up with no sale and have to resort to the Sinosteel agreement and mine it themselves. That will require somewhat longer for the SP to achieve a higher level than it currently is.