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Hi Rowka,
To answer your points;
1. "A regular poster stated the other day he had sold out, but for some reason he was still here posting, I wondered how many more there were"
- Good for him. Wish him the best in his future investments and thanking him for the shares I've been purchasing.
2. "When the latest RNS landed and the price rose to 23p the reaction here was very muted, different to all the other times when good things happened, akin to happy hour in the pub"
- Could be more people at work. Could be there are other platforms, beside LSE, that are convenient for people to discuss day to day price action/other things. Some people have abandoned LSE altogether, that doesn't make them any less invested.
3. "The steady and gradual decline from 20p to 16"
[see above] (Also, many folk recall worse times e.g 4p - 2p. MM shakes have and will be part of the process)
4. "When A1ex leaked news of the license"
[see above]
Another poster requested the link for the Telegram group, a link is up;
https://t.me/eua_palladium
Link via twitter: https://twitter.com/GMF782/status/1293651927058862085?s=20
LSE, Twitter, Telegram, ADVFN, emails - each have their advantages. We've all come a long way - and BeastofBodmin's post summarises well. Lets move on and look forward to the epic and spectacular finish. The BoD are the true heroes of the story.
In the words of the late and the genius Iain Banks, the absence of many holders here may be due to the fact that they have already “sublimed”.
If this has you lost, get completely lost in his “Culture” novels, it may seem hard reading to start with but it is well worth the initiation.
Trift (changing)
You're right Trift, length of term is irrelevant when in the FSP, or regarding anything else tbh. Every shareholder has the exact same hopes and goals, we arrived at different stages, but we were brought here for the same reasons.
We'll all be toasting to the BOD shortly and the fantastic job they will have done with all of this. Not long now hopefully.
GLA
There are a lot of the old guard still around who have made vast gains and not sold a single share, we exist read here, telegram and Advfn.
It is true many do not post much, but you see the trench warfare raged for a number of years the LTHs or old guard won those battles and now are
in a good place reflecting on those time’s the present and future, it is incorrect to assume they have all left for the struggle to get where we are now to chuck it in prior to the grande finale would render the years prior pointless.
In to the end with every share fully trust the BoD and firmly of the belief we are in for a epic and spectacular finish. GLA
There are LTH’s, MTH’s and STH’s here and regardless of the term status and the holdings status we are all in the same although relative Galleon.
I’m in the middle class since the initial banks interest divulgence and wish everyone good fortunes whatever their interest and without the insightful research from various contributors especially of late, this board would be a dull and useless place.
The reaction is rather muted because LTHs are expecting these rises Rowka and cwrtain RNS, just as we're expecting more as other things land in the near term.
Most just praised A1EX for his find and sharing it, all fair enough tbh, he deserved it.
GLA
Not a long term poster by any means, but I've been dangling around for the best part of a year now. I remember the Tipil license being foreshadowed around 2 months ago, so it wasn't a monster surprise.
“It’s like a disease with you people”
- what do you mean by ‘you people’ ?
“25% of X” 25% of 2.7billion shares. I know maths isn’t your forte so that’s 675m shares. I was merely highlighting that these declarations only went up after suspension and not down, so as to give a good indication of the growing number of shares in sticky hands - which is a great thing for the company.
In no way did I mention that those with larger holdings are more important, please do not twist my words. I expect that from the green coffin, not yourself, sir.
And RE: following you on Twitter.
- I didn’t call you an idiot
- I didn’t say your research was bad
- I quite clearly said I only thing it’s disingenuous to assume things, such as LTH’s have sold up, without basing it on substance.
Let me jog your memory to my post two weeks ago: where I not only praised your links and contributions but also corrected you on a VERY gross miscalculation on your Calculations. I have copy & pasted for your convenience:
“
Dear Rowka,
"The part I don’t understand
If MT was valued at $2.1billion in Dec 2018, that price has to increased so lets say $3billion (even though Pd has nearly doubled). Then what happens to the valuation when the flanks are added?"
Firstly, thank you very much for the research and information you've posted, as well as the telegram channel packed with some fine reads. I believe there is some confusion in the $2.1bn figure that you are using for valuation. The MiningMaven website was the source you must have been referring to:
https://miningmaven.com/companies/eurasia-mining/972-eurasia-mining-accelerating-growth-into-2020-eua
Where it is said: "Eurasia also believes that Monchetundra offers a considerable amount of resources upside, estimating that it contains an in-situ reserve and resource value of approximately $2.1bn across two open-pittable locations."
$2.1bn was an approximate estimation of the total in-ground value of resources - for the 1.9Moz PGM equivalent (as mentioned earlier, the 1.9moz and inc. flanks 15moz total is not in ounces of palladium but palladium equivalent).
Of course, with the rise in Palladium (and other Metals in the basket), the in-situ reserve and resource value increases. With the flanks, takes us to 15moz. If we were to use the figure of $2,000/oz, then for 15moz, the in ground value is roughly $30bn.
Therefore, the $2.1bn (now >$30bn) was the in ground value. We could guess at whether 8%, 10%, 12% 15% would be used to calculate valuations. That is all speculation, and all great fun. But unfortunately, the valuation of MT was not $2.1bn back then, but less. I hope that clears that one up!”
Hi,
Rowka, the 'old guard' have been here before your recent sharing of research, & have been adding and accumilating heavily since. I had to comment as I think its disingenuous to suggest most have (mostly) sold out or heavily reduced - where are you getting that information from? I've been in regular contact with over 300 private investors and converse reguarly with PI's in a group who own >25% of the company. I can assure you, most of us have been adding far more to our holdings post suspension. Yes some have sliced profits, and after several hundred or thousand percent rises - who could blame them.
Confused about your judging the reaction to:
• A1ex’s post • The recent RNS • The increase in a few days from 16p to 23p
I am not of the opinion that most have sold out or heavily reduced, or more so that there is a reluctance to leave? I think at this stage we are almost all in here for the End Game. There are other posters who have done more than sharing information on LSE, others who have done far more for shareholders & the company and these holders are so humble you'll never hear them say what they've done. But they know who they are. Websites have been created, channels have, groups have, sharing of quality research/predictions, transcription of interviews, licence discoveries.
I have been here for a year battling botflies & doing my best to share what I can. I don't post very often, & botflies nowadays (especially since we passed the £500m mcap) don't pose as much of a threat. Back in the 1-2p days the vermin would prey on the private investor and put them off more easily. Today, with UBS on board, mcap of over £600m, EUA has established itself and is in a very comfortable position.
"The original Telegram group was formed by people pis*ed off with the in-fighting here. I joined this group for a short while. Initially most of the conversations were based around this board and the characters on it, it did not make pleasant reading"
Do not recall you being in the original telegram group when it was set up? Struggle to find out how you were even in initally as it wasn't shared on LSE, only twitter (which I assume you didn't have back then). I believe it was set up after the twitter group maxed at 75 people, and the sharing of documents etc is far easier on telegram than LSE. I would not say that the latest 'public' EUA telegram group is 'filled up with disgruntled members from here and a lot from Twitter'. Especially without joining the group first? ADVFN - probably one of the better places? I very much doubt that, if you'd read what I had before suspension (JakNife, Tuvart?!!)
Aalta Traacko summaried it very well - we've all been doing our part. Some less vocal than others. The shorts were battled by many, including yourself. But I would not be so hasty as to assume the Old Guard have disappeared or sold - in fact, it is very much the oppsite. Wish everyone the best in these final stages of journey!