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Drunk...what are you implying with this statement?
'Yes the agreement with CITIC may well be on the edge.. Citic in the current circumstances may want to pull out.. their cash may be needed elsewhere. With the potential of a severe slump, CITIC may keep their cash to pick up bargains elsewhere.'
What involvement do you think CITIC have? Do you think they are trying to buy EUA assets?
Newbie642 Quite so although I'd leave the 'fateful tweet' out of the equation.
Yes the agreement with CITIC may well be on the edge.. Citic in the current circumstances may want to pull out.. their cash may be needed elsewhere. With the potential of a severe slump, CITIC may keep their cash to pick up bargains elsewhere.
Meanwhile even tho down today Palladium is still up 54% on the year.. up 32% over 6 months.
Another 'event was that yesterday Russia suspended her gold purchasing..an example of institutions are keeping their cash (powder) dry!
As I said.. There we were on the edge of a poss good deal... AND SOD'S LAW intervened!
couldnt agree more newbie, the complex nature of these sort of deals is a very long process. having experienced it on a tiny level in comparison and also been in companies where its taken ages to get any info. peope that are begging for their pennies are fortunate that this is off the exchange for now, because as Blue mentioned earlier, this would have been covid toast had it returned to the market, whatever pennies you thought you might get, baring in mind that every boiler room and twat who are short at present, would use all their ****ty tactics to force this down, and remember how far palladium and other resources fell, well i tell you what, i bet your broker wouldnt even entertain the sell, you would be trapped until he could get best offer, which would be feck all. if you have put your mortgage on this then i dont know what to say to say to you, except if you wanted an instant answer then stick to horse racing. I for one am glad that its suspended, whatever the outcome. i invested in this a long time ago, with a balanced portfolio of shares, and if it fials i will be upset but its not the end of the world, however i strongly believe, down to my own research, that this will have a good outcome, anybody called trader makes it obvious what his intentions are. good luck to all, at the end of the day there is nothign that you can do so just chill out..
Is it at all possible that what started off as a clarification of their relationship has turned into a renegotiation of their relationship due to the fateful tweet. And of course anyone that’s ever bought/sold a house or got divorced (like me) will fully understand how long the legal beagles take just to get one question answered let alone someone trying to buy our future wealth. Only my view and I of course stand to be shot down by some of the more knowledgeable contributors. GLA and stay safe. Pete
TDT...
Chill..... your a fellow investor. All will be ok!
You missed the news Tricky... AIM companies have had a 6 month extension before being suspended due to CV19, so we could be suspended until 2021 and not de-list. It was on the news and on this board last week i'm sure?.. Happy to be corrected
After 2 months the Bod either:
Know their relationship with the bank but are choosing to not disclose
Or
Are still establishing their relationship with bank
Neither of these are giving confidence
Update
Shortly
Kind of agree but if mining and not selling why drag on for so long if we relist on market we will see share price drop unless we realisticly keep suspended until end of year which is mental. All I am saying is if bod want to mine then just relist and get it over and done with no point waiting world economy isnt going to be all sorted if we wait a week. Alsonshare holders are entitled to relasen their funds if they should choose so i for one work for myself and we dont qualify for any assistance and ones that do havnt seen a penny yet so I wouldnt mind getting my cash.
Elenor@ I actually want EUA to mine themselves as in the long term it will be much more profitable. Maybe a 20p divi each year even 10 p would be brilliant.
If the suspensuon was lifted and dealt with quickly would have been better for alot of people so could continue trading the BOD have waited too long even if theres a deal in the background could they not release an rns stating there is a deal being done and share will continue to stay suspended until done dont have to mention parties involved.
Have people even considered it may not be possible for Eua to make a statement whilst they’re potentially in negotiations over an asset sale? Can they really give too much away to people outside of this company?
Cheers for the effort put in Alex! You really did quieten down this chat for a few days but the usual people will/are slowly coming back and just putting the negative side ‘out there’ with the help of their cling ons. One poster may as well said, ‘Eua pumped this so they could cash their warrants in to survive for another year and just made everything up’
This was the same person who completely tore this company apart late last year and left the chat for awhile as he made a fool of himself. Somehow he’s slivered his way back in.
It’s been quite interesting reading this chat and not getting involved over the last 6 months! Money really does bring out the worst in people.
Drunk.
Did you see my tweet the other day? The one showing the live and pending Flanks application.
No...? I took it down yesterday. That should keep you busy.
TDT
Again.. ......... post of the day
Continuous moaning on this board about clarification being ‘over-due’ will not achieve anything, should be obvious but evidently isn’t. Personally delighted we’re suspended through a market and commodity crash, happy to continue to be suspended until post Covid-19. GLA.
Oh dear all so AMC.. clutching at straws from non verified sources.. NDA's because its quiet.. and nothing happened!
It will be the same here if there is any news it will be on the EUA website... not on twitter or facebook.. instgram or whatever!
Not very often I agree with TDT but we are well overdue and explanation or something. The RNS stated we would be updated shortly. We are now in the 3 rd month of suspension, Feb Mar and now April. Plus the absolute precision instagram shows there are major developments afoot, EUA needing a whole range of their tools and services!!!
TDT...
We need to face the reality. This company will not be returning to AIM in current climate. It’s gonna return when both the economic climate and palladium commodity price is confident.
Fair, maybe not but investors will be thankful looking back.
Of course if you were ‘short’ you’d be desperate for it to return and face the wrath of Covid... But not happening in my opinion!
are the twitter comments genuine? i have my doubts!
Fizzy
Firstly, do we want the SP to come out suspension at this current time? Depends I guess on how much you need the funds but general consensus is no...
In the event that the company were to RNS an update, what would it say? It obviously would have to address the previous RNS topic; CITEC. In my opinion I feel this clarification is protecting this company share price whilst they continue in the background their ongoing business and speculated ‘discussions’.
If they are negotiating a deal with ‘whoever’, surely a share price is quite relevant? What would happen if they returned, SP dropped a couple pence... their bargaining position is compromised to a lesser ‘figure’.
On a personal level, I get it. People need to fall back on funds and savings more than ever and the squeeze potentially will get even worse. Not sure what I can say to help take the edge off all this but have a look at the facts and ‘recent’ snippets of information. It’s a good sign!!
May be too delicate!
Since the suspension. the reason given was to clarify their relationship. Surly that statement referred to the relationship at that time. Why not update us as to what the relationship was. I am sure 2 months on that relationship has since changed. I can't help feel they are taking the pee now. I'm sure something could be released to keep investors informed a little. This is just disrespectful now.