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Good solid reasoning thanks Mac.
I will be checking in on Dmitry’s Lybrion Lab launch tomorrow for any additional links to EUA.
GLA
Trift
The negative bias people just don't understand the m & a process and the laws around it rowka.
Well, either they don't or they do and just like to spout absolute nonsense to try and confuse people.
It's pretty clear as to where we're at, we've pretty much been told what was happening since oct. Just look at the time that has passed since then and marry it up to the m & a process. AIMHO
GLA
Until legal paperwork is done, we will always just be in discussions, that is the lawfully correct term.
GLA
They also can't clarify the specific relationship with citic due to numero 4, which in turn leads us to still be suspended.
Because if they say they have signed the engagement letter they have to provide the details of the deal to us shareholders, which can't be done until point 10 is complete.
GLA
Until such a stage is complete there is nothing to put forward to us patient shareholders, we approve, they sign, champers all round imho!!
GLA
Now where would a law degree help the BOD, numero 10 -
https://www.dummies.com/business/corporate-finance/mergers-and-acquisitions/steps-of-the-ma-process/
GLA
So when we read both articles, what is the 'specialist knowledge' which stands out from the rest of the board?
We already have investment bankers, so indeed the standout specialist knowledge is - "He has a law degree from Cambridge University, is a qualified barrister"
GLA
Nice reply brox, from your article - " NEDs are usually chosen because they have a breadth of experience, are of an appropriate calibre and have particular personal qualities. Additionally, they may have some specialist knowledge that will provide the board with valuable insights or, perhaps, key contacts in related industries or the City"
Also see -
https://www.investopedia.com/terms/n/non-executive-director.asp
" but is involved in policymaking and planning exercises."
GLA
Thank you A1ex, totally understandable, and as I initially thought, but wanted to make sure that your discovery ties in perfectly.
All the best A1ex and you have a good weekend too.
Hi Ian.
Sorry, grammar mistake on my part. Tipil, not Typil. I tend to just bash away on my phone and give little regard to typos etc... but slack I know but when your juggling kids, dog, wife and Russian mining licenses grammar takes a back seat ;)
Have a great evening!
Evening Lucretius,
Thank you for that, I did wonder if that was the case, in all the RNS the company has stated it as Tipil but A1ex's work has described it as Typil and I was just interested to make sure we were all in agreement.
Thank you again and sleep well.
18:57, rare instance of a remarkably
sensible post on the lse EUA board.
good one, brox.
Hi, A1ex,
no I understand your research perfectly it was literally on the spelling, you are spelling the word as Typil, and in the RNS it is spelled Tipil, are they one and the same or is the RNS spelling incorrect, the question just revolved around the spelling.
Is it Typil or is it Tipil Purley a spelling question, thanks for your time A1ex
Ian.
I’m sure you’re more than familiar but here’s the link to the page which shows the plan...
https://www.eurasiamining.co.uk/operations/west-kytlim
Really are laying claim to this area!
So the app I found on Rosnedra was bang on 24.5km and also matches the Geographic coordinates of this area ;)
What I’m keen to learn of is the WK flanks application ;)
Hi Ian.
Apologies, currently walking in a field.
The application I found on Rosnedra website was an exploration license and related to the Typil area to the west of WK. This area is subject of an exploration license as from what I understand, is outside the flanks area of WK... There’s a nice plan in / on the Eurasia website that shows current boundaries of the current WK license, the flanks area associated and also the Typil exploration license zone.
Hope that’s answered your question Ian? Let me know if not!
Mac, there's no doubt that Mr Rawlinson is an important addition to the EUA board but he's been appointed as a Non Executive Director. He will not be involved in any form of "management", which would include finalising the legal detail of any possible M&A legal paperwork, if that is indeed happening.
Perhaps the new Nomad and/or AIM regulation has insisted on a genuine "outside" appointment as NED as Dmitry, Gary and James all have substantial shareholdings which may affect the required impartiality. Mr Rawlinson has not been incentivised by shares, which would suggest this may be the case.
https://www.iod.com/news-campaigns/news/articles/What-is-the-role-of-the-NonExecutive-Director
Not sure A1EX lol
Spikey, you could have a look at this and think about what stage would the company require a legal expert -
https://www.dummies.com/business/corporate-finance/mergers-and-acquisitions/steps-of-the-ma-process/
GLA
Afternoon A1ex,
A question if I may, I have referred to the flanks area of West Kytlim as Tipil in a post to you.
You responded by spelling the word as Typil, are they one and the same, and one of us is just spelling it as it sounds?
Just a low key pondering after my second beer :-)
Have a great weekend by the way
Mac..... Sorry bit out of the loop, do we have a legal expert on the BOD??? ;)
You need a professional on board to do the legal paperwork for m & a on the sellers side spikey.
But you only need that legal professional when, well, when there is legal work to do.
You seem extremely naive in regards to m & a.
GLA
As the execution. team assemble around the Large boardroom table, in anticipation of a humongous deal , the nylon shorts will instantly erupt into flames around the groin area, closely followed by cotton shorts !
as they dip the feathered quill pens into the ink ready for the signing, we shall be popping the corks with celebration !
gla
Execution Team
shorters beware ?
Ha ha. Execution team. Maybe he’s a hitman hired to take down the botflies.:-)))
We are also delighted to welcome Iain to the Board, who as a qualified lawyer and M&A practitioner will strengthen our execution team, while we are making progress on our M&A plans."
Love the "execution team"part of the RNS - the BOD showing their intent.
IMO full sale of MT and keep WK - platinum forecast to rise over next few years as well as the palladium. Wonder how much other basket of metals are there ?
Ian can you put me down for 29th June for next RNS - lets see if I can get this RNS date right as well !
Exactly my thoughts jimjam...feel our bod have something going that is so big or much bigger than they imagined and thus the need for someone of Iain’s Caliber to handle or give advice on such a massive deal