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:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
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 and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. 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.
Donkey work isn't the correct term tbh, it's simply the work that the big players don't have time for. When they look to expand they're looking for ready to go Tier-1 assets, if you were in their shoes with their spending pot you would do the same. Eurasia's first mover position at Monchegorsk will be the target of all BRICS large players, it's mainly all very easy open pit mining and close to infrastructure, you would struggle to find a better suited takeover prospect.
This new DFS for November must be a larger and more up to date DFS to include the fast to production NKT and NYUD assets imho. We all know that they've been working at NKT and NYUD from RNS, so, it makes sense that an up to date DFS is done for that plan. They mentioned the expansion at the Monchetundra plant to take the ore for example, so, how big will the new plant be etc? The DFS will answer that!
Thanks and very grateful to ALL AND EVERYONE for your comments... Please, do add any more comments you might have... Yes, I do my own research on my investments and do make my own decisions - but I do find extremely interesting also what others have to say and how they feel - keeping in mind we all have different experiences - I do sincerely wish lots of luck, especially to those of us who most need it.
Whilst some PIs feel duped, others are happy with the companies performance despite multiple unprecedented geopolitical situations outside of their control. UBS, DLA & KPMG clearly don’t feel like they have been duped, nor did US Wainwright fund that invested that allowed EUA to capitalize on its first mover advantage. People want Jam today which is fair enough, it’s been quite a journey. However this will come when it’s good and ready. A war in Ukraine was inevitably going ti effect the SP, which is what has happened. However Zelensky appears to think as if by Magic the war in Ukraine will be over by Winter this year. So perhaps, “shortly” however he has also said that they will retake the all of the occupied land included Crimea. So let’s see. What ever happens few will be able to all afford the consequences come Winter. Time will tell
That's exactly it Layla1, it's quite clear from what has been released to date. Eurasia are the ones who will do all of the donkey resource work, get the assets to a 'move straight to production' position and sell them to the big industry players who will simply roll them straight in to production.
Both Russia and China have plenty of big players for bidding wars between themselves and taking various assets to production over the next decade and further!
Not really, you keep forgetting about China, they have the monopoly on EV commodities and will always move to secure more. Unless NN are working with China we're looking at a FSP that had BRICS bidders from both countries, neither of which cares about what the West does at this stage. Again, only the highest bidder can win in such an environment!
... "very difficult asset sale" ... on a very difficult market with very limited number of potential buyers (I would say not even oligopsony but rather monopsony) who under current conditions has quite strong power to set the terms of the deal (mostly regarding selling price).
"In my belief, this has no longer become about a short-term pay out and sale, this has become a long-term project with a larger payout over several years. There is no co-incidence in the developments that have occurred over the last few months."
They're all the same . . . . . enjoy your time with the rest!
If you check my post history from a while back, I defended EUA for a very long time against every negative poster, shorters (i.e. TMS), I was always posting hopeful thoughts based on what I saw at the time, but I got it wrong, don't mind admitting that, I genuinely thought the company was going to be sold and the assets were world class.
Looking back now, I feel like I was dupped and this was a coordinated setup , they used the suspension to falsly boost the share price, however it seemed like it was going to happen, especially during winter 2020 when we had shorts closing, rule 2.9 announcements appearing, loads of trading volume, rumours, and then all of a sudden the debarcle with Alexie happened and it became an absolute mess.
I've also spent time understanding the mining scene a bit more and have understood that it's not simply a case of "x" m Oz and suddenly you have a world class asset, there is way more to it including the types of resource, the grades, inferred vs indicated, jurisdiction (which is now a valid point due to the war in Russia) and the conditions behind agreements such as the Sinosteel deal. Was only 24 when I first invested in Eurasia in 2019 so I literally knew nothing about mining, I just ran with the headline figures.
I also believed that UBS and DLA Piper would not work for a 'scam', and that they would have done due dillgence in regards to the clients they took on, but then as time has gone on I've realised these organisations are just mercenery for hire, Eurasia have legally done nothing wrong and these organisations wouldn't have their name tarnished by something like this.
At the time rose tinted glasses would make you feel that DS leaving the board to concentrate on the sale made sense, but now looking back in hindsight, I am now very suspicious of that and whether the 465,647,496 shares that is stated he owns actually still belong to him, although I cannot prove that and only an RNS would be able to confirm that.
I'm not going to get into a slinging match with anyone regarding my views, I just felt like voicing my opinion as someone who held Eurasia shares for a long time, made good money out of them and moved on, but looking back now, it was a story that was too good to be true.
I don't think you’re going to get many takers on here to respond to your question email. Not because they don't want to (well some probably don't want to) but because it's way too complicated and you really should DYOR rather than rely on the opinion of others.
You must have researched POG. Now do the same with EUA and make your decision.
I invested just too much of my portfolio in POG... Now I am thinking of switching half of my POG investment to EUA. Would that be something you yourselves have done or would consider doing? What would you say are the differences between EUA vs EUA, especially in terms of risks. Grateful for any feedback