GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Sounds like Russia would be supportive of a deal involving a Chinese buyer going off these comments from Putin earlier:
Putin said that the business of the Russian Federation and China at the Expo will be able to enter into joint projects
BEIJING, May 17. /TASS/. Russian and Chinese entrepreneurs at the Expo events will be able to enter joint projects, which will be supported by the governments of both countries. Confidence in this was expressed by Russian President Vladimir Putin at the opening ceremony of the Russian-China Expo and the Interregional Cooperation Forum.
"During numerous Expo events , Russian and Chinese participants will be able to get acquainted with the vast economic potential of the two countries, find new opportunities for commercial partnership, attract investment, exchange technology and enter new joint projects and agreements, which, I am sure, will be strongly supported by governments," Putin said.
"From the Russian side, the heads of the largest companies came to the Expo - leaders in their industries, such as Rosatom, Rostec, Russian Railways," the Russian president shared. "The coverage of the sectors of the economy is very wide: from mining of mineral resources and oil and gas chemistry to construction and metallurgy, light industry and digital technologies."
Putin said that the "Made in Russia" fair was organized at the Expo. Its guests "can try and purchase over a thousand different names of high-quality Russian products," said the President of the Russian Federation.
https://tass.ru/ekonomika/20826131
Has China's suitability for buying a Russian based mining operation ever actually been in doubt?.....I personally don't think that it has.
It's the distribution of any cash generated from a sale of Russian assets to western index based shareholders that has and could still could cause complications
.....I haven't seen any transactions since sanctions have been imposed on Russia that could be compared to EUA'S current situation.
Would any company/countries money be an issue unless it was Russian company/country money ?
Eurasia as a UK listed company like any Western company operating within Russia are expected to leave, you cannot leave and not obtain monies for such so realistically the UK Gov could not turn down such a move.
WE ARE RIGHTFULLY PROUD OF RUSSIAN-CHINESE ECONOMIC COOPERATION RESULTS -
Putin announces at Chinese-Russian Expo as he continues meetings on 2nd day of historic China visit.
Partnership between Russia and China reliably ensures energy security and raises the well-being of both peoples. We support China's commitment to localize production in Russia, ready to provide facilities to investors - Putin (speaking above).
Was there anyone from EUA at the expo to showcase their assets? Maybe someone from HC wainwright was there on their behalf.
Wow IKN.....that post is gobbledegook......WTF are you talking about?.....on the pop for sure.
The BFG makes more sense than you.
There's more chance of Alfred Wainwright being there LIB
I dont know bill, I think Mjds post has merit, there is indeed a summit going on , and of course cross border business will be discussed. I just thought that given eua is worth billions that that would constitute a' large company', hence thought they may be invited, but I guess they are keeping alow profile.
Ps your comment on IKN I reread it 6 times still none the wiser on what he is saying ,Maybe he will elaborate for us simple folk.
Some interesting stuff around electric vehicles the last few days, reports of how electric vehicle targets in most countries are not being met, new car sales falling on average 10% year on, failings to create charging networks, public turning away from EV’s because of high purchase costs, a swing in the second hand car market away from EV’s back to traditional petrol vehicles, and now America has imposed a 100% tariff on Chinese EV’s.
Bill if they sell to the Chinese could the money go through Hong Kong?
Corporate Strategy and Possible sale of Russian assets
The Company has prioritised the sale of its Russian assets and, as advised in the Company's 19 September Interim Results statement, this workstream remains the main focus of Eurasia's senior executive team. It is important to emphasise that, despite the now extended timeline, active discussions are maintained with counterparties based in Hong Kong and Russia, but as yet no terms have been agreed and, as ever, there can be no guarantee that Eurasia will enter into binding agreements.
Hi LIB, i totally agree that MJD's post has merit, but the point I was making I that a Chinese buyer has always been a possibility due to their 'close' relationship and economic ties.
This recent expo and V.P visit has only cemented the Russia/China further.......has it made the nationality a buyer being Chinese any more likely than it was before.....I don't know.
@Jarv......sorry....I haven't got a clue.
It's not about the logistics of moving cash from Russia to anywhere, the complications would arise from sanctions and if Russia really has the willingness to distribute funds to western shareholders when one takes into consideration that countries all over Europe are considering whether to monetize/liquidate currently frozen/seized Russian assets.
.
Hi again LIB.....Yes, the Welcher's incomprehensible post is a strange one.....pop o'clock already?
My take in lieu of any response I'll may make.
That is a good question Jarv and it can be answered in 2 ways.
Western banks in HK vs China banks in HK.
If a Chinese buyer has a western bank account( HSBC , standard chartered etc) then the transaction would likley be blocked( though we have all seen those banks bend rules) cos what would happen , is the HK branch would suddenly receive a large amount of money from a Chinese bank in rmb. Then sent to their UK account in uk. That alone would cause alot of redflags to go off and unlikley to happen.
Then you have a Chinese bank like icbc, boc, ABC who have operations in both main land and HK ( SAR), who probably dont care about US sanctions, as long as they don't get caught, so yes in theory if eua have a HK bank account with one of these banks, then maybe. But I would imagine the UK banks suspect this type of activity and set up transaction alerts to cover it.
I.e if a barclays UK account with know business in russia suddenly received 100m from a Chinese bank based in HK, its basically not gonna happen.
I think a suitcase through customs is your best bet.
Sorry I'll make = bill dunno how that was retyped
I’m not sure why any Chinese company would have money blocked going to the UK ?
Why would any western bank refuse such ?
Russian money or a Russian bank is another matter ( which isn’t off the table either ).
Example - Essar as the buyer , buying EUA assets where monies would not enter Russia and be paid to UK bank.
EUA would have pay tax to Russian Authorities so will have to be allowed in however this is done.
Obviously EUA had no issue with any authorities having a tax rebate from Russian Federation a few months back so cannot see any issues with monetary transactions.
Thankfully we have Jarv55 to post random excerpts from previous RNS releases without providing any context ….!
Hi iKN what you say is correct in a simplistic world. The fact is is that every UK/western bank will have put EUA on a blacklist for monies received, as minerals etc are under sancrions. If they suddenly receive a payment for x millions of pounds it will not be allowed to go through. It's not about China buying it , it's about anyone buying it.
Would could happen is the national banks of Kazakhstan could act as mediator and sell through them, then all eua holders could fly to Astana and pick up their riches in Tenge, but via a uk bank it just csnt happen im afraid , too many checks in place
“ Hi iKN what you say is correct in a simplistic world. The fact is is that every UK/western bank will have put EUA on a blacklist for monies received, as minerals etc are under sancrions. If they suddenly receive a payment for x millions of pounds it will not be allowed to go through. It's not about China buying it , it's about anyone buying it.
Would could happen is the national banks of Kazakhstan could act as mediator and sell through them, then all eua holders could fly to Astana and pick up their riches in Tenge, but via a uk bank it just csnt happen im afraid , too many checks in place“
It’s not a fact that EUA have been blacklisted by all UK banks at all !!
It’s also quite obvious that subsidiaries not within Russia or the UK can very much take monies and therefore push money back through to the UK.
Also noted the UK Gov would like to see UK companies exit Russia, so they would only allow this with no monies ? Very doubtful on a good day.
But of course EUA would be working towards a sale of assets ( which hasn’t changed ) in legal multiple RNSs ( which Nomad would be seeing such proof to a certain level ) to not obtain no monies for 🤣
They are up to date with sanctions and all legal firms working with the company would have and still be advising how to do such, to suggest otherwise is nonsense.
Ok IKN whatever you say buddy, but as none of us are privvy to bank control room operations we will just have to agree to disagree , your thoughts are based on sentiment, mine are based on knowledge of the process and common sense, but yep we can give the BoD another 3 more years for you to continue your flag waving and BoD excuses.
See you 2027
“ Ok IKN whatever you say buddy, but as none of us are privvy to bank control room operations we will just have to agree to disagree , your thoughts are based on sentiment, mine are based on knowledge of the process and common sense, but yep we can give the BoD another 3 more years for you to continue your flag waving and BoD excuses.”
But you said EUA were blacklisted from UK banks ? Which was a lie of course , but now it’s none of us are privy to such 🤷♂️
Your statements are based on facts & common-sense?🤣….derrrr they aren’t though are they 🤦♂️
Oh god , and your allowed to have an internet connection?
Jesus wept
Still here sweetie 🤫
I need to sell quick 🤣🤦♂️
Well do it quick maybe carlito will buy from you 🤣🤣🤣