Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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Quite simple. The long term growth of the SP based on the mineral deficit is enough to stay in. Come 5 years the SP could be on another eleven completely!!
Amateur investor here, why would people only sell half if its a decent SP? (55p?)
I think flanks license would get an rns but may not lift suspension unless no deals in offing. I think as soon as there is an offer the Bod could recommend it can put out an rns saying we have this relationship with banks and have this offer and so would rerate to appropriate level upon drsuspension. Might still take months to finalise and you decide if better offer or if shares worth hanging on to. A lot of people will sell half if its good enough sp already.
The way I see it; you potentially have multiple parties in a bidding process. Bidding is not straight forward and is subject to so many layers of financial analysis and is complex process and in my opinion would not be a case of short term deadlines. I wouldn’t be surprised if ‘best offers’ were subject to a 14 day (minimum) term with counter bidding following. This is all a lengthy process involving staggering amounts of both money and internal approval processes of the potential bidders. Then following that would be a hell of a lot of legal work.... Patience, remain optimistic and remain confident. The credentials of the company speaks for themselves. Maybe this week, maybe not. If not be mindful that any ongoing negotiations are likely to be subject of Non Disclosure Agreements, this is a sensitive phase...
Interesting history lesson from the Russian perspective Sibloggs. I'm sure the Russian BoD that EUA has will tread carefully. We're all concerned at the suspension over a Tweet and the clarification of the relationship with CITIC. Not sure whether your post was to heighten concerns or dampen them? All fairly irrelevant now anyway as the share is suspended and likely to remain so until a deal is done.
Do people not realise the ones profiting the most here will be the people who buy the asset... sure Eua investors will make a bit but on the grand scheme of things it’s peanuts compared to what someone like NN would make! A Russian company...
There’s been a few posts which almost read like investors can’t make money off a mine in Russia which is absolutely hilarious! Some people here have sold out already for 1500% plus profit already.
Evening All! (Before I start, I'm a PI w/ a 3.95p average, intending to hold for the long term in order to recover losses elsewhere. Yes, I've made something like 10 posts, so newbie to this site, but we all start somewhere. Not a ramper or de-ramper in the slightest - I just want to make the monies and have reasonable conversation/debate)
I have an personal interest in the Russian geopolitcal environment, and the psyche of the nation itself. From various readings of mine (from RT to RUSI etc) I'd say there's a trilogy of power in Russia. Obviously the Gov't, alongside and possibly equal to the Oligarchs, backed by the third pillar - the orthodox church. The 3 seem to bounce off one another, but I would be intrigued to know the true balance of power between Gov't and Business. The Oligarchs monetary interest globally must surely play into the minds of the Gov't, and the fact that they are very rich men who can easily manipulate events to suit themselves (much like the USA - food for thought). The back channels of deals must require steady lubrication. Meanwhile, Russia's international standing is of great importance to the Oligarchs - sanctions are good for no one!
When it comes to the pschye of the Nation... they've had a tough old time really. Napoleon marching in and freezing his toes... WW1 and all that brought in 1917... WW2 and the monumental human losses sustained (side fact - circa 90% of German casualties in WW2 were on the eastern front) before regaining her territories. Now we all know about the Cold War, but I think we often forget the injustice that modern Russians feel about the break up of the Soviet Union. To Russians, the 'invasion' of Georgia (08), Crimea and the Donbas are precisely the opposite - it is perceived as the 'liberation' of Russian lands populated by native Russian speakers. To that end, the US/NATO posturing on her western borders sends an ominous message when viewed from the Russian side of the border given the historical context - 'is another bloody invasion on the way Ivan?'
The point here (and please do not take this as a de-ramp), is that Russia views the western world very suspiciously, and keeps a steady eye on her (current) partner rising in the east. To think there is no National interest in this asset is unwise IMO, in the way the UK would raise an eyebrow to the Russians profiting from our natural resources. BJ would at least attempt to keep that profit in the UK, and there's no reason why Putin wouldn't do the same. I would do the best for my country too, particularly when all my mates are rich oligarchs, and my people have been raped by continuous invasions and perceived injustices.
I considered all this prior to investing, and I remain happy with my decision to do so! I do think this will become a multi-bagger, but I like to keep track of all aspects of the situation as we progress towards the monies. Best, SB.