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Hope this is the case..we will no doubt be more aware over the coming days...
Calamari,
I'm a little suprised, I know you've been here considerably longer than I and you must realise the BoD is set up for a sale. It's all in their history. IMHO
GLA
All very interesting PP, 'what you think'. Is there any reason to give any credence whatsoever to 'what you think'? Do you have sort of specialised knowledge in this area?
First foray into this stock. Bought a first £20k on Friday after the excitement to RNS release on this board. I will be pleased if I make 50% over the next 6 months. Seems like a very likely possibility with future SP predictions being branded by posters.
Would a partial sale of our 80% holding in MT to a partner who could move things forward there be on the cards?
Could be a sale of Mon and Wk and jv to further prove up remaining areas.
Just realised Partypooper is RNSMAN from ADVFN.
Knew he was full of cr£p but now a reason to filter. Surprised it took me that long to see the barely cryptic hint.
The RNS mentioned SALE multiple times.
As far as I'm aware there was no suggestion of merger ?
£1.5 will do me either way :)
Latest news on EUA website 18/09/20
'Eurasia Mining shuffles management team to focus on sale'
Note the word 'sale'.
in terms of who is leading the Newco on EUA side?
Calamari
You started out claiming that because DS was now an M&A that he would would only be dealing with an incoming acquisition or a merger, that notion is plainly ridiculous, the title means nothing.
The issue of whether or not we are sold or merged is a separate issue, you're moving the goal-posts as to the reasons you think it's a merger to cover over your initial bunkum.
I've already said how I think this will involve multiple parties, after all, we can't sell 100% of these mines because we don't own any of them 100%.
I think which ever way it shakes out it will end up around 80p takeaway.
Calamari.
Perhaps this is a better way for EUA to get value out. And, this may be a stupid question but the Board re- shuffle is precisely what the potential bidders want?
Thanks
Exciting, but who knows where we will be in 1 day, 1 week, 1 month. Really hoping for a full sale but understand the thoughts. Not experienced enough with mergers/takeovers to fully understand how things will ‘sit’ for shareholders in the short term
That's it jjjzac, everything else is just noise. If it isn't in RNS it is just a pure guess.
RNS is the official line of communication to both shareholders and the market.
GLA
Friday's RNS suggests the sale is for the company and asserts; will continue to work with our advisers on the sale process of the Company and its world class assets, Monchetundra and West Kytlim,
Hi Calamari
So in essence, what we could be doing is forming a Newco, park the MT assets there. This Newco, because its so huge and therefore not affordable by one bidder, then could have us holding say 1/3 and the 2/3 sold to say 2 (or more) other consortium companies?
Thanks
Calamari,
Let me get this right: you're saying DS is involved in buying other companies or assets because you don't think M&A activities include selling?
Parry400 - you have posted your Sunday Times link on over a dozen boards but no-one can read it because it comes back saying 'This account owner limits who can view their Tweets'.
No link to Sunday Times Tip sheet ?
PP if you can’t see past 40-80p try specsavers. I may not be the world’s best valuer of mines but if there are not resources way in excess of that valuation then I’ll eat my hat. Appreciate that someone has to get the cheque book out at the end of the day but I’m a bit more optimistic than that.
We already know this is more than a one horse race.
The current share price (each day) bares no resemblance to where this will end up, recent placing and flanks confirmation being clear evidence of this. Don’t think for a second negotiations will make any reference to anything but what potential exists in the ground.
We are being held in a temporary state until this is concluded.
The RNS did state "Several" So theres defo 3 or more and nearly 12 weeks and more for some in I'm hoping its a good figure, I've never been in a FSP share before so I'm a total novice at this so it would be nice to have a good ending, I could do with teh money before Xmas lol!
I've actually noticed that filter situation quite alot and not just on this board, dont get me wrong I understand why some filter obvious people who just show up to cause hassle but when you look at some of the goings on with so called "LTHers" It does open your eyes! However on the flipside some of the LTHers are realy knowlegable and know their stuff about certain companies, you can generaly tell who's being devious or not. In the end I just want to make some money if I can and hope that others do the same, I hold no malice to anyone in the same boat and do enjoy reading most of the posts on these boards, you can get quite a laugh sometimes byt some of the banter/windups that goes on :)
spoon My expectations are along the same lines as yours, 40p to 80p, can't see how it would get beyond that. These Pampers have pushed shares before with the same conviction that tanked. They are dangerous, try to control the BB telling others to filter the naysayers like some cult censorship.
Reason Not Sloth Makes A Naysayer
GLA
Jake theres no fun in that, this board would be dead if it wasn't for people speculating about stuff such as whats in the ground and what the sp will be from one day to the bext to the biggie, what will the final deal be assuming there is a deal!
My speculation is that we will sell for 30/36p just because I'm a pessismist and cannot see how it could go for £3, £4, £5 billion, I hope I'm wrong though! I have no idea what it will sell for and there are far more brighter people on here who will disagree with my sp price but guess what all they can do is speculate and guess even with more knowledge but its all fun and some of it is good to read but I admit some of the speculatives guesses do make me think hmmmmmm whats their agenda!