focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
He invested £30m at 5p in 2008 I believe, and has not sold a bean. He wants a big return on his investment and hard work in getting the company to this very attractive point. Through the initial agreement with Anglo American, the accumulation of licensed areas and the significant amount of drilling data, the amazing decision to buy Anglo's stake in 2014 (big mistake for AA) it is hard to believe the price is where it is. The fundamentals are all there and with growing metal prices, increasing demand, big banks involved, cash in the bank etc etc. This should ten bag from here easily, there will be competition to acquire EUA resources. It's a win, win. Just hold tight.
The BOD have stated that they will do everything they can to 'maximise shareholder value', I have complete confidence in their joint abilities, whether assets are sold completely, partly sold, mined by EUA etc. The Power of 78 valuation predictions have been well researched as a guide and alongside informative LTHs here. Just stay long and strong.
I believe that Stillwater had some debt. The potential here for a larger buyout value in comparison is compelling. Most informed valuations take EUA above a £1 share price and given recent developments £2 plus looks a reasonable estimate.
For positive ambience on here this weekend. It should be a sunny weekend, time to perhaps reach out to family and friends not seen for a while and to safely enjoy a little normality as lockdown eases. It's nice to read positive research on here to digest and assess all the positives that EUA have, and the welcome upside of a much higher company value in the future. Thanks to those responded to those who are batting off the 'uncrupulous' and down-right 'deceiving' monikers casting doubts on the excellent prospects of this company. With an excellent BOD working on creating and crystallizing maximum shareholder value I am looking forward to the days and weeks ahead as the true value if EUA unfolds. What am I doing awake. Asleep.
Main final potential bidders made final offers. EUA share the offers but not the company name eg. Potential buyer A £4bn; potential buyer B £5bn; C £6bn. Look this RNS says .....this is what you are up against with C, so A and B of you want to secure the most wanted assets in the world you need to up your offers. We may even still go it alone. However how badly do C want EUA? Can see over £10bn here. IMO.
One thing I hate about most cars is how quickly they depreciate. Peugeot's in particular will probably be near the top of the list. They had great diesal engines in the 80s and 90s. The engines lasted forever. However, back to EUA which is an appreciating asset, and considerably at that. We will find out soon but there is no way it's worth £800,000 at the current share price. It's worth considerably more to the right buyer with foresight to see what's coming now and in the future regarding PGM prices, supply needs, environmental concerns etc etc.