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13:37:44 16.875 100,000 16.88k O
12:37:22 16.911 500,000 84.56k O
13:37:08 16.7475 2,313 387.37 O
13:37:01 16.53 1,710 282.66 O
13:36:58 16.60 180 29.88 O
13:36:56 16.60 50,000 8,300 O
13:36:51 16.60 50,000 8,300 O
12:36:36 16.86 500,000 84.30k O
13:36:27 16.6999 178,366 29.79k O
13:36:00 16.5001 125,000 20.63k O
13:35:25 16.00 800 128.00 O
13:35:18 16.5001 9,164 1,512 BUYS
It's the final sign off all the main relevant license confirmations have been authorised, just another irrelevant naysayer attempting to spin a broken record.....and failing.
One of the delay's in the last approval for flanks license , surely must be down to covid 19 , Russia have been hit pretty hard like anywhere else , so offices etc will have been shut ,
would not surprise me if they allready have it ?
I suspect you will be Blaustein.
Thanks Greggs - I would love to be completely wrong, believe me! But this final rubber stamp has been imminent for far too long, with no reason given. You have to ask yourself - why? NN are the natural purchasers for EUA - they control the local infrastructure, smelting facilities, and, rumour has it, the local judiciary. And they will want to acquire it at the lowest possible price. It's just business, Russian-style. Great people, but a different way of doing things.
Let's hope events prove me wrong!
Once this is pulled off. 1/4 of my investment is going into ZIOC for a similar outlook within 2 years.
The only issue is where would you put the cash today - high risks cover most of the stockmarket.
EUA appears a decent option imo..BOD have earnt my trust, cannot say that about most companies - not just aim ones either.
Blaustein. Can you ellaborate on why you think NN are controlling the issue of flanks approval?
Tge RNS dated 9th April 2020 gives us all we need to know.....Ministry of Defence approval confirmed, FSB approval confirmed. Jyst waiting for the issue oc tgd lucence by Sevzapnedra.
I do think you are completely wrong, so would love to understand your thought process om this...
1 Noise.. Look up diversification. You may well be ok here but I would highly recommend spreading risk. I've got a bigger than usual % here after the last few days though!
A great day for all LTH's, & commiserations to all those who have had to sell down their holdings during the long wait. But don't necessarily assume the flanks are going to be released any time soon. Or that there will be a bidding war. And unfortunately the flanks bring the extra value. It must be reasonably evident that NN control the approval for the flanks, which will scare away other potential major investors. NN, as the largest Pd producer in Russia, the world's largest supplier of Pd, & also a major purchaser of Pd from other companies, effectively regulates the Pd price world-wide. I doubt that it even needs the Pd currently within the flanks, given the current recession. But it doesn't want an unregulated Pd price war, & nor will the Russian govt.
So my guess is that, when it has accumulated a sufficient holding, it will make EUA an offer that the BoD cannot afford to refuse. Much grinding of teeth, but the BoD must have seen this coming for some time. And then , after the takeover, - marvellous to relate - the flanks are approved, & the value is reflected in the NN SP.
But loads of value in this share, even without the flanks, and happy days to all. If I'm right, question is - do we accept the Board's recommendation when it comes? Or defy NN & hold out for a fairer deal?
All speculative, of course.
2 stand-out posts, for me, of late:
Shares_To_Buy
Today 21:03
EUA was valued between 55p-60p conservatively back in February. If we get the flanks then common sense says a sale of £1 minimum and thats without a bidding war. However as multiple interested parties are involved it could be much higher. UBS are involved too and they font get involved in deals worth peanuts.
Come on guys, let common sense prevale. Exciting times!!
***
EUA valuations
Today 09:34
A very good morning to all investors, I trust you are as happy with things as I am!
#EUA back on the market as they head towards a sale...
7.2p was closing price
20p - where it would head with funds buying up free float
28p - may trigger opening bids
46-78p - fair value for a full sale with flank approval
78p + - bidding war propels the takeover price
384-686p - long term value for new owners
Just my opinions of course, 20 page report available for those interested in the details behind these numbers
https://www.powerof78.com/eua-gmf78-research-report/
Oh I will mate.
A nice break from the MM games that are played with the bios.
Good luck.
Gaza, welcome aboard mate. Enjoy the ride :-)
Hi Weathergeek, I just opened an ISA and added my years £20,000 and spent it on a dip in EUA at .17p which felt strange having paid only .03p back along. Need to add up what I have!
Then I'll watch this and probably sell from an earlier tranche of shares that aren't protected from CGT so that the rest has basically cost me nothing.
1noise
Aye up Seadog.
Got on board this share with 13p average.
Still hold all my Avacta but got rid of everything else until this is done and dusted.
Happy days. Blimey.
Nice to hear you've got that lucky break everyone needs - I'm in too for a decent chunk but my 'life changer' is GGP! 6 bagger so far - Happy days DV
Understandably there's a lot of excitement here at the moment. But even without a sale and we mine it ourselves we are still very undervalued. This is not a distress sale, our BoD are in full control. Relax, I think they will know, and let us know, when to crack open the shampoo :-) IMHO
Are you suggesting that the sp here could in fact be at £1 BEFORE the T/O battle commences! ? so sp rises to 50p then doubles from there on flanks confirmation?
Just top sliced now on a completely free run to the END gla Great being here with Tilly and the gang !
Dropped down a touch after touching 19p to buy. Get in now if you want to.. 17.5p Buy
that was a good post today IMO, worth repeating:
rowka
A few points
Today 10:31
At Mon the estimated resource levels, with flaps = is 15m oz of palladium. What we fail to discuss, mainly because we have no data to work from is there are other expensive metals in the ground, these include rhodium, iridium, gold and others.
I will also throw in
Eurasia have already stated they are looking to sell their acreage at an average price of $2750 oz for palladium.
In South Africa the average resource levels for palladium, mined underground is 10oz per ton. In veins off the main strike at Mon they measured levels at 90oz per ton, levels unheard of on the planet.
i wont jinx it but the absence of a "certain type of rns" speaks volumes! as for cop i don't care as long as its up from here lol
Was updating my finances yesterday and attributed 11p per share to my EUA shares based on yesterday's range.
...and it's 17p now. brilliant.
For me, I cannot believe this share has gone from zero (written off when in suspension) to a £90k (paper) profit today. Life changing....
I don't normally suffer from Premature Speculation,
but this could hit 25p by stumps on its current trajectory.
HOLD FOR GOLD........AND WATCH YOUR POCKETS FILL UP!
All best!