Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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On a side note, SSW recently refused to commit to Generation Mining's Marathon Pd-dominant project, which is far more advanced than MT, with 6.6moz pd equiv, tons of copper on top of that, a DFS showing £500m NPV and a stonking IRR of around 30%. Generation's mcap is currently only £65m. EUA's is £600m, despite the fact that MT is objectively absolutely nowhere close to being as valuable.
If the BOD are truly acting in our best interests then they would put a stop to the manipulation in one RNS.
Posts about massive dividends and NDA’s are wearing a bit thin.
The longer they let the SP sit at this rate the more I think we’re being scr*w*d.
If anyone could explain a plausible reason why they wouldn’t (without screaming NDA’s) I would love to hear it.
Aspenwood, I'm not deramping or wanting an argument but the SP has sat at 20p and the BOD have done nothing.
Why ?
Please do tell me everything you know about NDA's.
I've already learnt everything regarding sale processes over the last 16 months.
Lowbands
You really should read the previous RNS's, then you will have a clearer understanding of what is happening at EUA.
Clearly you know nothing about NDA's and a sale process
This is a sale not future orders
NDA's.
What load of tosh.
The Avacta crew used the same phrase regarding future orders with the government etc.
Very convenient IMO.
Can’t wait to the next RNS. We are going to sell some assets, keep some assets for the future and paid a nice dividend. What a lovely summer ahead. EUA!
So your saying that our BOD have signed NDA's saying they won't release information giving the true value of the assets until they have been sold at a lower value ?
Who in their right mind would sign that ?
something called an NDA
So they do a deal for assets the the market values at 20p a share.
Then they release the data saying it was actually worth £2 a share.
Why wouldn't they release the data now and get the best SP they can and negotiate around that.
It's not only the kippers that's starting smell a bit fishy
Excitement levels cryogenically frozen pending next RNS or unexpected movement in SP. While we’re always keen for news, I trust the BoD have Keith chained to his typewriter in the hot office, carving out communications between legal, the BoD and the preferred proposer. On the ground we have the team at WK digging, shifting sorting and ideally filling those blue trucks with PGMs. And at MT hopefully a shed load of drilling has happened and data is being poured over by the required glasses wearing geological experts who hold the JORC stamps and ink. All in my opinion!
That's because they are working on the deal, they will not release details until the deal has been concluded.
We don't know what the assets are worth because they won't release the information.
Why, I really don't understand
When will some posters realise the value of the assets EUA own and the current sp, seem out of step.
How can the BOD convince someone to pay multiples of the current SP?
If there has been an update showing the true value of resources then why hasn’t it been released so the market can react and give a fair SP.
Like I said, am I missing something obvious.
And before anyone says I’m deramping, I’ve been in here since 2016 and only ever topped up.
A low sp benefits the buyer because they don't need to pay so much to buy the company. It doesn't benefit the shareholder because they get less per share than if the sp was higher. Not rocket science.
Lowbands
Can you please explain why the current sp , will benefit the buyer and not the shareholders.
Sorry to disagree ASPENWOOD but it shows us nothing because their showing us nothing.
The SP looks to be being manipulated low and that can only benefit the buyer not the shareholders.
Or am I missing something obvious?
We used to get fomo Thursdays ,we don't get fomo any day of the week or month anymore! haha
A brace of Nipper kippers
That’s all they have for a days fishing , more like sprats
Volume 3 million- very very thin
22-Jul-21 15:33:47 20.44 156,909 Buy* 20.00 20.50 32.07k O
22-Jul-21 16:06:39 20.43 97,851 Buy* 20.00 20.50 19.99k O
Rums all Round
Personally, I am more than happy to let the BOD's / advisers concentrate on bringing the deal to a conclusion rather than release a RNS because we have not had one for a month, it shows how focused they are.
Are you saying that the EUA BOD are manipulating the market and keeping this SP artificially low ?
IMO, we will remain in this range till we have more than 2.2Moz proven up or news of the asset sale materialises.
Till then the best thing to do is to find something to distract you or add to your holding. I am quite happily doing the latter.
GLA.
If the us investor was the well known American electric car maker this share would rocket out of control thus jeopardising the purchase big time look at the effect of cypto again today