Member Info for Awstin

Research in the last couple of days from A1ex re. Rosnedra; Herbie53 re. AP; and Aaron re. Gowling.
Looking at Belstaff's AP facebook link it shows its headquarters is at Ufa which is 'near' to West Kytlim.
Looking through their products the item that strikes me is their drilling rig, no doubt supported by the various other items that could be used along with it.
Can we deduce from this that eua will retain and mine WK, with the new tools being used to explore the WK flanks then onwards to the Tipil licence when that is approved?
We shall see but it's as good a theory as any other we currently have.
Adding my thanks for the research, I apologise if I've missed someone, keep up the good work and stay safe.

Doh! Sausage fingers.

With this in mind my strategy of investment in this company has changed, the term of my investment has lengthened and I will be adding when funds are available for an eventual (distant) payday.

Freddy, you certainly make a valid point about the lack of information to, or engagement with, investors. As a lth I, as many of you, can see the great potential of this company but as it stands that is all it is, potential. The bb's views of Larry are broadly positive. That he has a strategy is evident but under the radar: who else was surprised by the news of the trading arm?
We know which stage the company is at in its development and the recent RNS showed the work carried out to complete and expand the Phase 2 evaluation drilling towards the eventual JORC certification of the whole mine. Only then will the mine have an estimable value for potential suitors or JV partners, institutional investors, or indeed, more of us pi's.

I totally agree that the company's communication strategy if woeful and, to my mind, unnecessarily so and has contributed to the fall in the sp for a long time before the current crisis.

I write as a former holder at AMER who used the funds from there to invest in EUA a mining company where the shares are now suspended pending the process of sale of the part or the whole of the company.
My point here is that EUA's sp remained very low for years prior to a large increase when the value of it's resource increased due to mining license gains and increased market value of its mineable metals

Should the whole company be sold would it become a cash shell?
If so, can anyone explain the pros and cons of such a move?

The only thing going tits up is Septic Lil, with Tilly polishing her lobster......

Rooky, Muscorum,
Thank you for your replies. Like I said I'm no expert. I was merely passing on my past observations.
As you have probably gathered I'm new to PHE and this bb and am extremely grateful to the poster from here who gave the tip on the EUA bb a few weeks ago. I followed up on his tip and saw the future, or certainly part of the future, of clean energy generation with the added bonus of reducing the plastic waste mountain. I raided my piggybank to buy 100k shares and plan to add more if/when the EUA ship comes in.

Muscorum,

Re. your question about species that may be found on site, especially if the land is wet, one of those with the most concern are probably the Great Crested Newt and the Natterjack Toad, both are rare and threatened species.
I previously worked at an industrial estate where the sites for new units were surrounded by a low fence (about 60cm/2') of black material for several months. This turned out to be a 'newt fence' where an ecological survey was required by a team fully licenced to count and relocate the newts. This had to be completed before any work could be conducted at the site.

Not knowing the conditions at the site and by no means an expert in the field I'm just pointing out this could be one of the hurdles to jump before the work is begun and could explain the delay until autumn.

Link to govt. website on Great Crested Newt surveys:
https://www.gov.uk/guidance/great-crested-newts-protection-surveys-and-licences

Link to Wildlife Trust website stating Cheshire locations of Natterjack Toad:
https://www.wildlifetrusts.org/where_to_see_natterjack_toad

The only 'Jolly Sailor' pub that I know of is in Prestatyn, North Wales.

An RNS Monday announcing a director buy by LJ would be good.

(Doh!) Start moving.

This is where LJ comes into his own with his background in industrial supply chains. A round peg in a round hole.
The trading arm is where he can use his reputation, knowledge and contacts list to facilitate deals and generate revenue.
When the mine does go into production it can list the trading arm as its off taker removing a layer of the muted secrecy that seems to exist in these circles. Whether we get told is another matter as the company is only committed to disseminating information to its 'major' shareholders (see website) in common with other GC companies in which I have invested.

That the trading arm aims to connect other regional suppliers to global customers is a master stroke and LJ is just the man to make it work.

This is a company I believe will deliver great rewards, especially from current levels, and I'm in for 2M+ shares.
Once the resource is fully proved up by JORC then things should

Heard on good advice - must be true then!

Let's all panic.

Captain Tilly call 'Abandon the Galleon'

Tracarta = John Wardle, GC's partner in crime at AMER - enough said.

TP

More importantly perhaps. Do we as shareholders "own it" or is it a subsidiary where the proceeds can be siphoned off for GC and his cronies?

Suspect the latter as the market has not responded as if it was good news.

I hold shares in both IRON and KZG and they are the only two shares in my portfolio that are in deficit - and both are in huge deficit.

So when Tilly's galleon docks run ashore to grab your loot but make sure you're back by the next tide as we'll be sailing away without looking back :))

Are NDA's not signed at the very beginning: before a company opens its books to a potential suitor for due diligence?

Tilly

That is a picture that should be painted in oils :))

Freeatlast - indeed.

If they're willing to loan 3 tonnes from their stockpile then how big is their stockpile?
How much are they holding back from the market to keep the price up?
Should the Chinese, or anyone else, buy EUA (or just MT) they could release their stockpile to flood the market and lower the price making it less economic for a while.
The caveat being that the Chinese need the Palladium so the market price would be a secondary concern.
All good :))

Fine sentiment Gecko.

I'm happy for this to take as long as is necessary without update as that's the situation we're in, the prize will be worth waiting for.
But relax?
I for one can't! :))

What the 2013 article tells me is that the two banks that approached EUA offering their services have already been working on cross border deals together for seven years. This should help to speed up the negotiation process here.

My gut feeling though is that NN will not allow anyone else to buy such an asset in their own back yard.
The other interested parties, as in any auction, are useful to push up the price but I feel NN will always offer more.
They have already shown, with their loan of 3 tonnes of Palladium ingots to the global market that they want to exert control over supply and pricing in the market.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://business.financialpost.com/pmn/business-pmn/nornickels-fund-to-deliver-3-t-of-palladium-ingots-to-the-market&ved=2ahUKEwii6_uqvNPnAhVSShUIHVUIBXYQFjAAegQIAxAB&usg=AOvVaw1YjQcYJsRbNVSnriopwd-V