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I 1st heard of EUA on the SXX board (I didn't invest in SXX) and another board when they were around 1p. By the time I'd decided to invest I bought 22,000 at 2.45p. Between October and February the SP was volatile (could easily rise or fall by 20-30% on some days) and I traded several times to make 10% or so profit on each transaction. It is never easy to sell right at the peak and buy back in the trough, but I usually worked on selling at what I thought was a good price 1 day and buying back in again within 24 hours at 10% lower. Doing this strategy increased my holding in EUA without increasing my initial investment. Everything was going well until my last sell at 6.22p just before suspension. The plan was to buy back in at 5.5p-5.7p again but the price kept climbing so that last trade became an unintentional top slice. Initial investment was 22,000 shares but at 1 point I had almost 100,000 shares before ending up with my holding to 47,777 shares going into suspension. I'd planned to hold 77,777 shares but TBH I was much more chilled out during suspension with being on a free ride with the lower amount.
After EUA came out of suspension I didn't trade EUA again (until just after Alexei sold a few of his shares). I grabbed a few shares at 22.45p and sold them and a few more at just over 26p. Still holding 47,000 shares and I've so far resisted the temptation of trading again...
selcta6..You’re welcome matey..we’ll organise a soft southerners meet, that’s what the Yorky bar kids call us anyway. Nowt wrong with north ...great bunch of folk...being a brummie I’m biased:-))
Potential Southern Meet.
I'm a Hampshire, near to Pompey, lad.
Whilst now in Dorset, i'd happily join in with a Hampshire...ish meet.
Also discovered EUA from the SXX board. Bought just over 100k at 3.5p at 25 years old can’t complain, but holding for the sale.
Ok well seems we may have beginnings of a meet up for the EUA South/Coast Divi club with investors’ living near/ potential venues from south M25/Tadley/ Boat show S ‘ Hampton and Portsmouth/ Hayling areas. Steve, Selborne is 10 min. drive or 30 min. bike ride for me anyway so keep in touch for a possible . In meantime let’s get there first. Here’s for breaking 30p next week.
Obmuj, I know Basingstoke hospital well as grew up in Tadley but now living in Winchester. Up for any sort of party anywhere as that’s what life’s all about. GLA
The boat show it is then.
Might have to book a hotel as I do like to spend a bit of time window shopping. May have to make it a 2 day jolly!
I have no idea how to do private contacts as I don't do social media, although, due to lockdowns I am overdue a trip to the Selborne Arms.
Came here via a cross ramp on baron oil (boil) that has a hundred bagger written all over it too but may take some time to develop. I have an average of 25.5 p here so hoping the divi will allow me to make a decent profit, not like some here that came in early and stuck with it, well done to all of you. Upwards and onwards hopefully we get a bit more news next week so we know where this heading. Up till now it’s all hear say, assumptions and wishful thinking. One must have dreams to aspire too and it all ads to a healthy debate. Keep it friendly all GLA
Hi obmuj. Boat show fits ..putting sold notice on and splash with champers..
Let’s get the divi first....then boy do we celebrate...keep in touch matey cheers..pompey
Deano, 2001 SP was not £2.50.
Initially there was something like only 20mil shares in issue at 250p (for eg.) market cap approx £50mil (maybe even less shares 1996)
Currently 2.7bn shares in issue at 28p market cap approx £750mil
Hi pompeyrod. I think we’ve established it was me now and as we are all fairly near the coast then Portsmouth it is or as I suggested once Southampton boat show Guinness tent. We should all have been paid the dividend by then. I cycle to Portsmouth and round Hayling Island quite often and as Eurasia shareholders are spread out ,probably from Lands End to John o Groats see no reason why not to have a more. southerly ( coastal) get together. Boat show does it for me as with warm weather ( maybe) what a place to celebrate in a beer tent surrounded by million $$$ yachts. Let’s get there first though??
Hi Steve..remember talking about Hampshire hospitals with you before .
Agreed it wasn’t me as I was in pompey QA. But as your wife says South coast area..Hayling is me.
Should have southerners get together when this blows..anywhere south of the Thames/ M25
Good luck Steve and everyone else...pompey
Hi Steve. That’s it. Rezum is what I refer to as “steam clean”. I’ve moved and live near Liss not far from Alton so if we find a way to exchange emails privately then yes we must get together for a celebratory ( hopefully) pint or 4. I’m guessing if you went to that hospital then you are in Hampshire too. Amazing. This could be a very happy ending and let me know how we can contact outside this BB or we may meet up at the Pirate get-together being organised I would imagine by Captain Birdseye …. Sorry I mean Capt, Tilly.
Previously posted this.
It was tipped in the Sunday Mail, forget the year but we were in Spain, lounging on sun beds alongside the pool when I read out the article to my wife suggesting it may be worth a go and could be a sound investment.
Informatively she reminded me of my other shrewd investments citing AMC and my failure to sell at their peak.
I cut the page out and chucked it in the suitcase.
Months later while packing to go away I found that page, read it again and decided to go for it and bought in.
A good while later I boasted to my wife that EUA had doubled in value to 2.5p.
“ you need to play safe, sell half and take some profit for once , you know what happened to your AMC shares at 40p and now they’re 2p “
They just won’t let go will they !
Well, you guessed it - I did !
I sold half my holding.
Anyway, since those 2.5p days I have taken pleasure in slowly and regularly recouping my holding and an almost equal amount of pleasure in constantly reminding her of her financial advice !!!!
If you told me it was just a steam clean then it's definitely you! Lol
My wife thought you came from the coast area?
If there are post sale meet ups I'd like to thank you in person.
There do seem to be a number of great people on this board from the Portsmouth area (as well as the rest of England/Wales and Scotland, oh, and York and South Essex).
Ok Steve, since posting I just went to my filing cabinet and looked up my hospital appointment in Jan 2020. Sure enough, 7th Jan 2020 and Basingstoke which is, as we know, North Hants.
Too much coincidence now but I reckon you’ve found your “Guardian Angel” and well done for “taking my advice” - lol btw.
Hi eua in 2001 sp £2.85 does anyone have any idea what was happenning back then?
Hi Steve. Slightly off topic but by way if an answer - Just read your story. I was in Basingstoke hospital and admittedly struck up a conversation as you described and in the same department. Won’t go into more detail here but when you said “old man’s problems” ( would the word ”Rezum” ring a bell?) and “professional gambler” I began to think ! I often say to people I’m a professional gambler as a little jokey way of saying I trade in the stock market. By the way the Rezum procedure was brilliant. Highly recommend but probably enough said on that here although it is Sunday whilst we while away the time before the next news. Finally if not me then amazing coincidence.
Top man, seadog.....
It's pretty much there as to what will happen after this initial asset disposal -
"The decision on whether to proceed and thereby incur all or part of the Earnout is wholly at the discretion of Eurasia. The Earnout (if Eurasia decides to proceed) will be spread over the period of the development of the Additional Assets. Eurasia has 24 months in which to decide whether to select some or all of the assets to develop. If Eurasia determines not to proceed with any assets, no consideration would be due beyond the Initial Consideration."
The work for the first 4 has largely been done and when you look via google there is already a pit and workings at one area, an old Nickel mine i believe which falls within the 8km mentioned toll treatment distance -
"· Four palladium, platinum, copper, nickel and cobalt open pit deposits, upon which Russian FS completed and reserves (according to the Russian standards) approved by the Russian State Committee of Reserves (GKZ).
Each of the four open pit deposits, which are located directly adjacent to Monchetundra, have already been studied by Eurasia with block modelling and open pits' optimisations performed by the Company. According to the due diligence done by Eurasia, the ores are suitable for toll treatment over distances of 5 to 8km with beneficiation and mineral processing at the proposed plant site between the Company's open pit deposits at Loipishnune and West Nittis."
They're going into those 4 assets, i'm almost certain of it.
Bumble, yes, that's true. But the way I look at it, however many opportunities you miss there will always be another one along sooner or later. On the other hand if you go all in and lose the lot it's "game over".
Someone asked earlier "if we'll ever see another EUA". In fact there have been many as good or better than EUA whilst we've all been waiting for EUA to sell. In 2020 there were several covid stocks which have been huge winners. NCYT (which I looked at and rejected) went from 4p up to 1,000 and even after a big sell-off is still 400p, a 100 bagger. In the last year ARB went from 2p up to 300p and now back to 150p for a 75 bagger. These are just some examples just on AIM which is only a small part of the UK market.
So I think there will always be great opportunities. If you miss one, it doesn't matter there'll be another along soon. If you lose all your money it's all over. That's why I focus on the risks and the down-side.
I'm here by pure luck. It was January 7th 2020, I was in a hospital waiting room (for old man's problems) in north Hampshire and struck up a conversation with a gentleman who described himself as retired but enjoyed being a professional gambler. Intrigued I ask what he gambled on and he said AIM. I asked if he had any good tips for the year? He was quite enthusiastic and told me all about EUA, but warned me to only put in what I could afford to lose and do some of my own research.
I had never bought shares this way before and after trying, unsuccessfully, to open a stocks and shares isa with Barclays, it was 10th of January when I opened an account with HL and bought £2000 of EUA shares - very exciting!
I managed to scrape together another £2k before the share suspended.
During suspension I put some more small amounts of money into a variety of other companies during the bounce-back after the initial Covid drop and thought I was great as all but one made a nice little profit.
When we came out of suspension each time I sold anything I put it in EUA as,I just couldn't find anything else with such good prospects, in my humble opinion.
I'm now sitting with 250,000 shares and very happy.
The only thing which would be the cherry on the cake would be if I could find my Guardian Angel who pointed me here in the first place.
Thank you sir.
Credo in Angelis
Thanks Mac.. Hope not too early in week though as waiting for a settlement to transfer to ISA so can buy in there before selling current holding in Fund and share ( would like to keep all but need to pay the wife back and would be in massive trouble if it were to go wrong).
It's ok Pete, your filtered now, and then the rest of us can at least express our opinions!
Kira, I will converse with you no more. Go and argue with those that you normally pick arguments with.