Member Info for Aubery

It’s done moon I’m afraid, it looks done….
Zero production, overheads (Bod salaries…etc) still going out the door, suppliers evidently not being paid, gold not delivered as contracted, Newgen not paid, AP not paid

Folio
Are you for real?
Go back and look at the RNS’s from say 3-5 years back where the BoD set out their strateg(ies)
Now compare to where the company is now.
Where is the mine plan for 2023?
Where is cash flow forecast?
How much actual resource is there as of today?

Sale has been ‘almost complete’ for over 3 yrs.
No one knows what is being sold or to who

BoD appear to have gone awol… any seen any of them recently?

The best advice Sax would be to research the reserves and identify what the company actually has.
Basics when investing in mining companies

Checkout the C1 reserves…

DR
Proven everything apart from the resources…..

Trading Leno all the while ramping the company

Many nursing huge losses currently…

That’s why folk should absolutely ignore the rampers

What is the classification of that 15m ounces?

Persistent 100k seller…

Pompal
And why would it have been wrapped up?
What evidence or statement from the BoD backs up your statement?

Anyone following this for the past 5yrs know that the strategy has jumped about and the BoD have not delivered on anything

Thing is
If there’s no sale or further delayed sale then what?
Not much cash left and very little actual mining
The BoD do not appear to have a plan B

And Tilly… how much ‘precious metals ‘ to sell do EUA have?

Judge
Don’t you think it’s the current lack of proven resources that has prevented a hostile takeover?
Challenge now is that the company is cash flow negative.
Further compounded by opaque company comms.
NDA’s convenient for the last 3 yrs….
Where is loose lipped mr Hammond…..

And the purpose of the raise?
For working capital….?

Good luck with that

Mrtwisted
You say they should be in no rush to sell but the company is currently cash flow negative….
Something has to change otherwise…..

Ian
And how much Platinum do EUA have?
Actual proven resource?

Ramp
How much C1 resource do EUA have?

Beast
EUA currently has very very little ‘booked’ resources
How much C1 resource do you think they have?
No debt correct but currently cash flow negative.
£100m+ market cap currently

DR
The problem is the lack of C1 resource.

Del
You are without doubt the best contributor on this forum
Red flags everywhere.
The biggest flag is strategy. There is is no clear measurable strategy and comms from the BoD are possibly the worst on aim. When did you last see any of them??
Having a closed period and NDA’s in place for 3 years… laughable.

TDT
Theyre burning $1.5m a month to produce that…
EUA numbers are so opaque it’s hard to work out their true C1 costs and AISC costs…
What we do know for certain is more is going out than coming in and that’s been the case for years…

Anyone know their C1 costs?