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it’s a mystery, so waiting with interest to learn the answer.
sometimes the problem with social media speculation is
that someone has let a cat out of the bag. but sometimes
the problem is that someone has pretended to let the cat
out of the bag, but was fibbing in order to mislead others.
[i have nobody specific in mind - as per previous post,
i note there’s been a heck of a lot of social media chat.]
no idea whether this will open up loads higher or way lower
when suspension is lifted, but i can entirely understand why
IG would want to increase margins — whether the news is good
or bad for holders, likely to be sharp share price movement, high
volume & high volatility afterwards, so some folks with spreadbets
or CFDs will get wiped - don’t know if that will be longs or shorts.
... best of luck to all honest players. no more posts from me on EUA.
it seems that many posters on this board are assuming that
the “social media speculation” referred to in the suspension
RNS was that specific single tweet. but it is very apparent that
there has been lots of social media discussion of EUA across a
whole range of different social media platforms, & a number of
different groups - the chatter on here earlier on about ADVFN
rumours, and about EUE conversations in a private ‘telegram’
group illustrates that. not necessarily the tweet that triggered?
All the best pal
Just turned 50 myself
One of my sisters went at 32
My oldest mate nearly went last year
Known him since we were 13
More to life than money
Handy to be comfortable
Crickey Bellers. I hope you’re with us for a long time to come.....
I don’t doubt the result. It’s going tobe a life changer for many. Time is of the essence for me. Failing that, for my kids via my estate. :-)).
All LTH are looking for a result here
I’ve been in many confidential meetings with maybe a dozen people. Usually after a week or so someone will tell me what the meeting was about and they were not even in the room. It was usually 50% accurate, so 50% inaccurate, and dressed up with additional rubbish. Just shows how distorted the story can get. Probably almost correct but not absolutely the full story. Meanwhile we wait. It’s worth waiting for. I just hope it’s not too long cos I’m old and on borrowed time. Get a move on lads!
Just a thought
Simply Wall Street has this stock with fair value of 742p
Not a pump
Simply reporting a report
Holding 50 k shares SIPP
26 k shares ISA
Any potential capital gains
Zero tax to pay :)
I think it’s only suspended in case someone else that can’t hold their water spills the beans again. negotiations will be ongoing...but this time without looselips involved.
You can’t handle a logical discussion so you resort to cheap undermining tactics.
Your own logic proves you wrong, my good man.
It’s pretty evident from the amount of people posting recently that the people who are mostly concerned here are the ones who want it to fail for some reason....
I think you just showed your hand as a deramper though. You’ve been lawyered so you try to undermine the bod.
Into the filter bin you go
I will put my shares in EUA that your Gary.N, so obvious. No one genuine on here are mad Gary far from it, we'll leave that to your angry little gimp mate Tom the Winnet
Change your name to 9InchNose it's far more fitting
Look, don't get mad with me, you should be angry with the BOD as they have had a week to assuage the increasing concern of the shareholders over the suspension.
I totally agree 9IN. If citic has nothing to do with EUA it should have been rns’ed last week.
But it wasn’t.
What does that tell you?
Presumably that citic in fact do have a working relationship with EUA. By your own logic!!
You missed the auditions for the Bill by some years you plonker
Yeah I can read and it's out of date to this current situation...... Next
Riiiiiight, and the tweet.......? What, just made up rubbish by a senior banker that caused the suspension....?
Have you ever sold a house? It doesn't happen over night does it let alone one that's worth north of $2.5bn with a magnitude of varying factors
If this is what many believe and is a sale/bid process then it will take time, there have been no indications of foul play bar a Tweet which has obviously set the ball rolling and there are more positive indicators of late than negative
Nigh on every scaremongering bit of sh.ite that has been posted by a shorter or deramper has been quashed but non like to acknowledge the possibility of this playing out well, speaks volumes doesn't it
I suspect that CITC have nothing more to do with EUA and that should have been put in an RNS. Especially since the share price has risen massively on expectations of an ongoing sale. Of course, that is just my opinion, not fact.
But the idea that we’re in suspension because nomad have caught the bod lying and therefore going to resign.....? Man oh man that’s a stretch of imagination. A whole conspiracy theory rather than the more obvious and down-to-earth explanation that there are non-RNSable negotiations going on in the background
Read this carefully...
"Clarification of Understanding with CITIC & VTB Capital
Eurasia, an established producer of palladium, platinum, iridium, rhodium and gold announces that, further to the announcement dated 24 October 2019 (the "Announcement"), the Company continues to progress its conversations with CITIC, one of China's investment banks and VTB Capital, one of Russia's investment banks (together the "Banks") as they continue to explore possible strategic options for the Company's current mining assets (the Company's Kola and Urals assets (the "Assets")).
However, as set out in the Announcement, no engagement letter has yet been signed with the Banks, although they continue to work on the Company's behalf; no agreement on success fees has yet been reached; and the Company also reiterates that there can be no guarantee that any transaction will occur nor that there can be any guarantee as to the value that could be achieved for any of the Assets in any potential transaction. "
9IN, perhaps the problem is because there’s a rival bid. EUA don’t want to RNS progress with citic because that would harm negotiations with the other bidder/s.
If that were the case, EUA would not have to RNS anything at this point. They would only RNS an offer if/when it came through.
I can’t stress enough - imo EUA wouldn’t abc don’t have to RNS anything about ongoing negotiations
I wonder how long until success fee time? -
The Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an alternative asset transaction superior to those outlined in the announcement of 15 September 2019. The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play".
Fredr thinks banks work for nothing bless him, back to primary school and learning to count for you lol
The bank CITIC is legit. Obviously a well respected Chinese bank, that was my point. What then is the problem in EUA telling the market what their relationship is with them. 8 days already and waiting
"The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC.
The Company's AIM securities remain suspended. Further updates will be made shortly."