Mac. Can you explain what’s going on here. UBS buying equity but also shorting ? Are they hedging ready if it goes one way or the other ? Don’t quite understand.
Certainly exciting !
https://www.lse.co.uk/rns/EUA/form-85-eptri-eurasia-mining-nkutrdzdbjqfq7v.html
Thanks TC and Mac. I am late to the party so just needed a quicker low down as the RNS page is strange. UBS buying selling shorting and some bloke selling 250k shares very recently.
Anyways as always balanced arguments needed and potential downsides as well as upsides. Some of you guys are very PMT tonight !
Thanks. Just wondered if there was some new developments as lots of activity here. Remember share prices also get pumped for the execs to get out , GKP XEL RRL RMP don’t ask me how I know.
If there’s no deal, is there potential for a farm out ? Or is the company going to dilute to fund capex
It’s a very busy board so I can’t find what’s the latest. Only going on the latest RNSs... so far a balanced argument what’s the latest? And what’s the downside if there’s no deal?
Thanks. Just found this in a July RNS
There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made. Eurasia reserves the right to alter or terminate the process at any time and in such cases will make an announcement as appropriate. Eurasia also reserves the right to reject any approach or terminate discussions with any interested party at any time.
So why is everyone so hype here, what are the guarantees of a sale ?
So what’s the deal here. Waiting for the company to be sold ? How likely is this ? And how much for ?Looking at the RNS page it’s been very quiet apart from UBS trading the share !
Wow let’s hope for a company update soon
Why does it feel like we’re getting the Carlsberg RNS again ... I prefer little and often to update the market but I feel it’s going to be one RNS with multiple bangs and pops
Let’s have some lift off then Nova. Waiting...
trading / operations update would be perfect timing the markets have been rallying yesterday and today it helps !!
Really hope they release an update soon.
I think the boss has been told not to release news by the advisors. I don’t know the reason but my gut is telling me somethings going on.
Thank you for explaining. So I guess people are wary of investing incase dilution or worst case scenario - Bust. I read in one RNS about the markets day - is that like a roadshow for financing ?
I really want in but kinda scared.
https://www.barchart.com/stocks/quotes/NCYT.LN/opinion
Still upward momentum
When is the debt due for repayment and is this what is holding the SP back ?
Looking very cheap. What are the potential pitfalls here. Is it the bond repayment? Can that be extended
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Bloody hell. What was the drop about ffs. Come on NCYT RNS MONDAY
Diverse stream of income.
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All we need now is the Boss to release a juicy RNS with all this details !!!
thinking about it, did someone find out this was a mistake and it should have read UK, I cant remember,
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My friend this board is not very friendly. I asked a few questions and got **** replies.
All I’m going to say is be VERY careful. I know from experience. Look what happened to Xcite. They even pumped thousands of barrels out to prove it was a good field. Problem is low oil prices and reluctance from banks to give loans especially in this climate are banks going to hand out billions when they’re in trouble them selves ? Just look at rolls Royce ! Wipe out nearly.
https://www.offshore-energy.biz/xcite-energy-put-into-liquidation-as-creditors-seek-cash/