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Maybe some of the wobbly legs who continually post garbage will finally settle down now.
The deal is on and it’s going to be a humongous one at that.
Off golfing this morning and fully expect a big positive swing on my account when I’m in the 19th hole.
Good Luck as Always
Ryan
Bang on gecko!
No bloody wonder.
Beginning of the end!
Guess todays SP
Another great strategic move by our BOD, congrats to Dmitry and James in their new roles.
Someone pointed out that we've been top of HL's most watched share, I expect we have been added on many peoples watchlist. This RNS could be the signal for them to jump onboard. GLA.
Let's gooooo
GLA
Looks done and dusted to me, Dmitry getting ready to crack on with lybrion.
GLA
Wow, this deal is going to be huge, read between the lines in that RNS, tells you everything you need to know about what is coming.
Indeed bellers, might even give me time to grow some more sinks to sell, my confidence is fully restored now this is the news I really wanted to hear after so much unknown and silence!
12 weeks now , one of the companies must have made a bid and the others will know that bid and there still there , bodes well
Ferg. Interesting point you pose aboutDS being able to cash in some of his zillions of share as no longer on the board - would be surprised if he did though. Mayt
That should have read mankinis!!!
Ferg.gg, mining season is drawing to a close so no rush now anyway. The new owners will however want to hit the ground running in late March. I’m guessing December.
Yeah these agms are only box ticking dull processes.
PMSL!!!!
Well done EUA, at last I got an rns date !!!
Runs all round Tilly we will be running around in mankind’s by lunchtime!!
Atb
Saxpot!
James Nieuwenhuys, Eurasia's CEO and Executive Director: "In my new capacity as CEO and Executive Director I will continue to work with our advisers on the sale process of the Company and its world class assets, Monchetundra and West Kytlim,
Looking like full company sale, this ain't going cheap.
So my glimmer of hope to hear anything at all about the FSP has come true!!
1 big test now is will DS sell any shares now he's technically able to not being on the BOD anymore? If not that's a massive, massive boost for us all.
Secondly does this suggest the sale might be some time off still to anyone else?
Either way delighted with the news, wish them all luck in their new roles and just so happy the FSP is ongoing exactly what I hoped they'd mention today!
Looks like more guys needed to deal with all the questions and parties, let’s have a first bid offer to start it rolling . Then the others can follow through , we’re all happy to watch an auction
Operationally this is by far the best thing to do considering each of their strengths. Looks like it is full steam ahead now with the sale.
Looking like they’re pushing for a full company sale aswell
“Several interested parties”
For Sale sign well and truly up
Yes. DS now Chief M&A officer.
/09/2020 7:00am
UK Regulatory (RNS & others)
Eurasia Mining (LSE:EUA)
Intraday Stock Chart
Friday 18 September 2020
Click Here for more Eurasia Mining Charts.
TIDMEUA
RNS Number : 3726Z
Eurasia Mining PLC
18 September 2020
EURASIA MINING PLC
("Eurasia" or "the Company")
Appointments of Chief Executive Officer, Chief M&A Officer and Board Changes
Eurasia Mining plc, the 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 open pit deposits near base metal and PGM processing facilities close to the town of Monchegorsk on the Kola Peninsula, is pleased to announce the appointment of James Nieuwenhuys, formerly a Non-Executive Director, as Chief Executive Officer and Executive Director of the Company with immediate effect. Christian Schaffalitzky remains as Executive Chairman. The Directors have agreed to release Dmitry Suschov from the Board in order to allow him to focus as the Company's Chief M&A Officer on the M&A work streams with Eurasia's professional advisers.
Mr Nieuwenhuys has held senior positions including Chief Executive Officer at South African Lesego Platinum Mining Limited, Chief Operating Officer at Polyus Gold, Russian largest gold producer. James also held senior positions at a number of EPC organisations. The Directors believe that the experience of James and his relationships especially among PGM producers in Russia, China and South Africa, are beneficial for the Company in its ongoing work streams.
Mr Suschov has a successful track record of leading the strategic sales of companies in the natural resource sector including the sale of a silica sand mine and the second largest global carborundum production company to Indian Murugappa Group, the sale of a natural resource company to Danish natural resource fund, the sale of a gas company to a major Russian investment group and other deals.
Comments
Christian Schaffalitzky, Eurasia's Executive Chairman commented: "This reorganization is designed to optimise our execution team. We are delighted that James has agreed to take on the CEO role. James's focus will be to work with our advisers on the sale process. Since joining Eurasia in November 2019 after completing due diligence on behalf of a potential buyer, James has got detailed knowledge of Eurasia's assets and he is of immense help both in terms of the sale process and in terms of demonstrating to the interested parties the strength of our own management team and its capacity to execute. Dmitry changes his routine Board roles for the role of Chief M&A Officer and together with James will strengthen the management team involved in the work streams with several interested parties. We are grateful to Dmitry for his long-term hard work on the Board level over 10 years and the Directors look forward to working with him in his new capa