Member Info for Aubery

In the RNS last year the BoD stated that visibility on the next sales update was ‘low’.

CS verbally then said ‘hopeful’ of a sale before year end

With the cash reserves now depleting and not being replenished it follows that the ‘visibility ’ level on when the update will be should start to improve (not necessarily for the best reasons mind)

It cannot remain’low’ given the runway is rapidly running out…visability on sales update will therefore transition to ‘high’ once the cash reserves have gone. Good news, yeah….

The update however is increasingly likely to be ‘unable to find a buyer ….’

Imo

Shortly

DD complete

Huge red flag

Zero comms

One executive director….

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Friendships

That’s a good analogy.

Rampers calling a nailed on big sale for billions… at odds of 14 million to one….

Visibility on the next sales update is LOW according to the BoD.

There is only one executive director mind. Anyone seen DS?

Wonder if CS will be Scrooge like working late on Christmas Eve trying get ‘stuff’ done.

Given the Russian holidays in Jan the next corporate update could be weeks and weeks away.

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Leno

That is low crikey. If true then yes incredibly sad

… but very unnecessary narrative/back story on a BB. Trying to make Del feel bad for calling you out… v low.

Amazed you have bandwidth today to post given the extraordinary circumstances yesterday.

We hope everyone is ok

..,,

Jesus wept

Midnight and Mac still ramping the fk out of this…,

Beast

Are you being intentionally thick

They have £400k and a claim for £100k of that

What are their current liabilities?

Technically do they have cash… yes as of today

But do they have cash, cash flow, liquidity, debt facility… etc to function… no

Keep looking Beast… keep looking

Can’t see the wood for trees

Layla

‘I really feel that there's lots trying to drive this down whilst loading up. It's as if no investors actually do any research. ‘

The last 2yrs of BoD comms has done that ‘drive down’

However, I really feel there’s lots trying to drive this crock of shyte up

Why they’re trying to drive this up is anyone’s guess, they’ve certainly not done their DD and research, unless ‘research’ means listening to the ramp crew (add names here…)

And good night

Rather than ‘golden tickets’ more like scratch cards…. Where is Ian?

How is this still at this lofty market cap? Incredible

I need to revise my sp guess I sent to spikey!!

Layla

Suggest you read the last RNS, you evidently haven’t

‘I wouldn't be quite so apocalyptic regarding the sale process. The "several parties" at the table appears to have been whittled down to two, a naturally evolving situation in a sale process. The bod are not idiots, they will be well aware of the brinkmanship element to such a large sale.’

Brinkmanship!!! Are you for real??

Ffs

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Mrwolfdivi

No it’s not!!

Read it.

‘Current’

Why do blind

Lol

Shortly

Now this did make me laugh

Eurasia remains satisfied that its CURRENT operations are not prohibited under US, UK or EU sanctions rules

‘Current’

Lol

The Company's cash assets at 30 November 2023, were approximately £517,000. The Company does not currently hold US treasury notes

With a third party claim for 100k

Not what any investor wants to see

Dire

Beast

Shouldn’t the ‘plan’ be broadcast by the BoD? To remove speculation?

There being no ‘plan’ just some geezer, CS, verbally saying he hopes for a sale… pretty desperate and not conducive of any company or BoD wanting to be taken seriously by the investment community…. IMO

Shortly

I wonder what CS meant by ‘hopeful of sale by year end’?and how does this square with ‘low visibility’?

Hopeful of an acceptable offer in 2023 and follow up admin in 2024

Hopeful of offer, completed admin,completed sale and cash in bank by end of 2023

Hopeful of offer and shareholder approval by year end and cash within 6 months

Hopeful of completed DD in 2023and intention to offer in 2024

Hopeful of agreed Heads of Terms in 2023, follow up in 2024

Hopeful of informal conditional offer with follow up in 2024 and cash by end of 2024

Hopeful of lawyers instructed in 2023…..

Any variation of the above?

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Cash held in bank accounts (£0.4 million) and US treasury notes (£1.54 million) As of June.

Zero revenue coming and salaries and overheads going out.

Are they into those treasury notes yet and should they be informing when they do

In the extremely unlikely event of a sale agreed (in principle) this year (low visibility ) it can take an age for cash to crystallise in the accounts what with all the admin, SH voting, ,paperwork,lawyers, bankers, funders, regulators ….etc …and that’s without sanctions, war, being Russia… etc

See AMC… small deal worth peanuts and see how long it took from offer to agreement to cash in the bank

How they keeping the lights on in the coming months??

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Layla

‘I can't understand why anyone would sell at the moment….’

Really?

I mean really?

Del

The BoD comms are shocking and have been for years

They were busy 3-4 years back, very visible…

They have informed all shareholders that visibility on next sales update is …. Low. That is the most positive way they could spin it for crice sake….

Therefore strange for anyone to be expecting a positive update anytime soon

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Panino

BoD on record state ‘low visibility’ on next sales update

Now late Nov…..

Are you ‘hopeful’?

Key question one needs to ask is…. Is it viable to profitably mine ….

Answers on a postcard… shortly