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Simeon
You promised us 'teens' back on 20th May, still waiting...
Simeon1
You may want clear time scales and values, but not sure why, as you are predicting back to teens, re share price.
Given your opinion, then I presume you are selling out today,please advise this board what direction you intend to take
Agreed. This will be in the high teens soon. I predicted this a few weeks back. Just waiting for it to happen. The BOD are dragging their feet and are flip-flopping with no clear strategy. We need clearer guidance on where they are going, timescales and values.
Ii notice Dmitry didn’t comment………cos he’s got his nose to the grindstone merging and acquiring like a good mergers and acquisitions officer should be. He’s plugging away in the background squeezing every pound/dollar from the buyers whilst James and Christian grow the company.
Another very good RNS this morning, the BOD's are masterly piecing together the EUA jigsaw puzzle, and adding additional pieces all the time. I do believe with patience we will be well rewarded, and am very happy to let the BOD's do whatever they deem the best for EUA and their shareholders.
Denby I know you are trolling, but I would love 16p to buy a sh*tload more!
Interesting Bobzrig if the plan were to sell MT only then I think the credible bidder may already have done so. They at least want this new area I would say which may double the resource.
I also think they are not going to pay for the Rhodium up front but instead share a royalty which supports our SP and we explore further areas perhaps. I think WK will be sold to bridge supply while rest comes online. Plenty of Rhodium there too.
Layla1 this is going down to at least 16 p
stevo999 DEEEEEERRRRRR if a company increases in value the S/P should go up. you are going down and you cant see it lol
Mind You I don't think you have any holding in the company
The current s.p is vitally important. I never thought i'd consider buying more, but as the picture becomes clearer and clearer and peeps insist on downplaying it, the supressed s.p is becoming mightily attractive.
I fully appreciate why the "flybynights" would be getting stressed.
Struggling to see the positives today, Does this mean there is no sale? If so the Divi will be small ( Caterpillar $5 for a $220 share. I would be happy with £1.80 myself.
I dont understand why people go back and forward over SP etc day after day. The SP should only concern you if youre trading or needing to sell for whatever reason.
If not you should trust the bod and wait until the outcome of what they've promised... dividend and more.
RE peoples concerns over dilution, my answer to that is, would you rather 100% of £1 or 50% of £500.
As usual trust your own research... this BB in particular is a cest pit so watch both sides.
Its coming... GLA TGU
diluted by 1/5
That could be the case but what if they are going to use the shares to add massive value to the company !
Does more power to EUA mean dilution .
As far as trees go at least im close enough to see them ! You on the other hand are on the far side of the moon in total darkness !
There is nothing to say that shares will be issued.
Yes the board are requesting the authority at the AGM to allow them to do so. As every company I have ever seen does.
Is it likely that there will be dilution? Probably, however in my opinion it is less likely to be before the resolution of MT whether that is a sale or whatever.
The game plan seems fairly clear from recent RNSs:
1 - Sell MT
2 - Pay dividend to shareholders
3 - mine WK
4 - Prove up JV for mining / sale in future (fund raise may be required).
The point being that the company can advance 1,3 and 4 together. As you would expect.
A 20% stake to the Russians, in order to win their continued support? That sounds cheap to me. Just a smidge over UK Corp Tax. If Putin is happy with such a small slice, someone's done some great negotiations.
Although the RNS is not new news, just confirmation things are on track, I would have expected more movement today... but then there's been so little volume bought that BR could very easily cover all trades in order to keep their control over price.
YOU Cant see the wood for the trees can you stevo999 the share holders are getting diluted by 1/5 we will own less and the out come the share price goes down again lol
Going by you recent posts I shouldnt answer you but what you say is funny !
We are selling PD at 5p an ounce and everything else at 1p per ounce .
There you go that should make sense of your calculation !
stevo999 well answer my take on things :-P
LMAO
If that was the case !
Why are you here ?
So EUA are selling, Rosgeo JV for say 20 million $ and we are getting our holding diluted bu a fifth and eua keep the money to prove other assets am I right ??? please correct me if i am wrong.