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lamb in wolfs clothing, with a dusting of fleas, not gone anywhere "mate". Still holding, will until deal which will come unlike the lying scum you are posting on 29th June
CTC - yeah I’m out. Good luck
Monty, don’t accuse me of having an agenda. The fact the sp went down to 20p is irrelevant. There was a spike up to 40p and then it dropped back. You blaming that on the bod? Don’t think people sell to take profits on big rises? That’s obviously going to happen. You’re just another clown who has no credibility on here.
You think the BOD would issue something solid to stabilise the SP,oh sorry they have nothing solid to issue
The share is here because of the crap the bod are feeding the market. It rose due to a deal coming and now it seems like it’s a load of ****e it’ll drop back to where it started from.
It's not fluctuating. That would suggest it's going up and down . This is only going down in case you haven't noticed
Wolfe, the sp is this low because of the war and the risk of sanctions. Until the bod release a substantial update about the asset sale or potential peace with the war, the sp will continue to fluctuate at these levels. Stop talking trash.
If it was 50/50 the SP would be substantially higher.
Cat has gone back to telegram, he’ll get more traction there. Just another boot licking waste of a life
Yes it is. Where is the asset sale. It’s not here and there’s a chance it will never come.
Cat decided to leave yesterday as it was too ‘toxic’—irony being cat contributed somewhat to said toxicity.
The cat has been rehoused. What does that tell you?
You only have to look at the proxy vote form to understand their confidence, both the standard and SPECIAL resolution from last year are not there. One is to do with the usual raising through placings and the other was to do with strengthening their negotiating position, neither are required after the AGM day, that speaks volumes tbh!
"Question 2: Based on the RNS issued 30th June and the statement - '. .the Board's opinion that it has a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, which management has determined to be at least 12 months from the signing of this Annual Report to the conclusion of the 2023 financial year.'
-What measures will the COMPANY consider and put in place if the opinion of the Board is found to be over optimistic with the operational existence or the geopolitical climate has a negative impact on the COMPANIES finances over the 12 months ?"
GLA
50/50 chance of an asset sale? No chance.
Exactly eua is like red or black atm with the asset sale
The SP is in free fall, if there was a divi likely anytime soon it wouldn’t be 5p a share. People can talk about MMs and fundamentals but ultimately the SP suggests this is too big a risk at this moment in time.
If, like many, your average is too high to justify selling you just have to hope one day it’ll turn round. It doesn’t feel close though does it?
And can the BOD please confirm when lth shareholders will actually see actual financial benefits as in dividends in their pockets for their long term support. We have continually heard from the BOD they continue to add value for their shareholders, when will this actually be achieved financially for the shareholders, instead of jam tomorrow, dangling carrot rns'?
Mr Del - I not sure they are questions rather than discussion topics (but that may be what you want after reading the thread).
I have a few points that some may also consider here - I do apologise if some of this have been addressed in the Annual Report or elsewhere:
Question 1 : Based on the RNS issued on 30 June statement, 'Eurasia seeks to MAINTAIN open, direct and two-way communication with its shareholders through various media...'
- Will the COMPANY be providing quarterly operational updates (as a minimum for West Kytlim) throughout 2022 ?
Question 2: Based on the RNS issued 30th June and the statement - '. .the Board's opinion that it has a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, which management has determined to be at least 12 months from the signing of this Annual Report to the conclusion of the 2023 financial year.'
-What measures will the COMPANY consider and put in place if the opinion of the Board is found to be over optimistic with the operational existence or the geopolitical climate has a negative impact on the COMPANIES finances over the 12 months ?
Question 3: Based on the COMPANY website statement '. . Monchetundra PGM and Battery Metals Open Pit deposits with EPCF contract signed with Sinosteel are being advanced to production with Flanks areas to be integrated into the production plan..', and the RNS statement issued 30th June, ' . .has set aside sufficient funds to complete and submit a Definitive Feasibility Study for the Monchetundra project in November 2022'.
-Can the COMPANY confirm the Monchetundra project DFS planned for issue in November 2022 shall incorporate Loipishnune, West Nittis and FLANKS ?
Question 4: Based on the statement in the Annual Report, 'James Nieuwenhuys, Chief Executive Officer commented: "Operationally the West Kytlim asset is performing well." '
a) Can the COMPANY confirm that 3,643oz of raw platinum was approximately the performance target the COMPANY set for West Kytlim for 2021 ?
b) Can the COMPANY inform SHAREHOLDERS what the performance target for West Kytlim is for 2022 ?
c) Can the COMPANY inform SHAREHOLDERS what the planned annual targets are until the target production of 64k oz at full capacity is reached (stated in RNS issued on 1 July 2020) and the planned year to achieve the 64k oz full capacity ?
d) Can the COMPANY inform SHAREHOLDERS what the AISC or on-mine cost per oz for West Kytlim in 2021 ?
EUA have already said they're dealing with BRICS
@montyboz - your message and agenda are quite clear anyway
Agree that questions need to be specific and very targeted, other wise you will get bland politician answers
I just love the way the great BoD are adding value for all share holders (5p a share and dropping) ...
I'll be at the AGM just to give them a round of applause. Hero's that they are .
I might burn some money whilst I'm there as well . Perhaps they can burn it for me
Appreciate you want to know what's going on Summit, but IMO, those sort of questions are easily avoided as they aren't specific enough. Maybe they would promote discussion and further questions, but I feel they will be as useful as just asking "What's going on with everything?"
As always, you're entitled to ask them, I just feel they wont get much of a useful response in their current form
@Del. I suspect the delay to the DFS (anticipated November 22) is due to the additional drilling campaign currently being carried out at MT and enhanced NKT jorc. They possibly want this data included to enlarge the scope.
Probably the wrong thread for this discussion....
Nov 22 rang bells for me when I read it. Realised last night that coincidentally it's when the warrants expire. Not sure if or how that's significant.
https://www.eurasiamining.co.uk/investors/share-capital
ATB LB
1. Rosgeo JV Licences; NYUD in advanced state 1 Sept 2021
2. MT DFS; nearly complete 1 Sept 2021
3. NYUD JORC 8 Feb 2022 draft CPR with BOD for review
4. Clarity around which items are covered by NDA'S
5. Is the party that carried out DD still at the table
6. Have any bids been received and consequently rejected
You're right Del. Things definitely appear to be in a less advanced state now than they were in September, which is concerning. I would love to be privy to the full history of what the resources actually are and who has suggested what offer and when.