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Hi Ssccss, You maybe right about it going below 1p....but it isn't a certainty.
Also, it isn't a fact that the price can't hold.....your assumption maybe right and it doesn't hold. But it took a couple/few days for s.p to rise to levels similar to now and trading stayed well above these levels for a lot longer.
The playing field has different players on it now.
Very good question Crypto, it's one that I don't know the answer to.
It has been said by some in the recent past that the ownership of the shares issue does not or will not affect asset(s) sales.....I personally don't know if that is true, but surely any corporate action can't be signed off when a 10.73% stake holder technically won't be able to vote on anything because of ownership legitimacy issues?.
Tiffin, I'll take it from Your response that you don't want to apologise for making false statements or take me up on my suggestion of a 'you go or I go' agreement.
I'll admit to being no angel, but your posting history can be read in 5 minutes.....it shows that you
You know little about me and nothing about EUA.
Poor lad.
" Results are to be announced once the flow back programme is completed and results analysed, which is anticipated to be at the end of this week."
Did people actually expect results at 7.00a.m? .
Nothing is guaranteed here, but if people were holding over the last week or so, why would you sell now?.
Orchestrated drop on no news.
Cheers for revealing who the true clown is.....DATTA/POTATTA doesn't really matter.
Hi T.C.....I like the EUA story, but I'm not totally convinced ATM. I am genuinely interested in buying back into EUA.....but just punt money.....I'm only ever a few£k investor on AIM anyway.......not like some of the big cheese daddy's on here.
Hi Dietch, I have zero experience with working on the ground at a mineral extraction operation.
I don't assume, but I do presume that the operation at W.K would be profitable.
This presumption is based on the information that has been presented before me about the W.K site.
- CAPEX to set up the mine has long since been accounted for......
All the thinking, planning, drilling information stating quality of ground, mine set-up (machinery as previously stated) has already been completed.....the experts have already validated that the mine will be viable....years in the making.....I don't need the experience or expertise.....the experts with all the experience have sorted that.
To add to that......the BOD have stated a $400 per ounce extraction cost for mixed basket of PGM's.
Just dig it up and sell the stuff.....simple.......unless the information I've been presented with is inaccurate.....it's a no trainer.
Anyway........ I've watched the show now currently known as 'gold rush' through seasons 1 to 14, so believe me.....I do actually know my stuff.
I've watched the show now currently known as 'gold rush' through seasons 1 to 14, so believe me.....I know my stuff.
On
Hi Wolfie, I personally reckon that there is a chance that W.K as a stand alone mine would be profitable.....
-Earth moving equipment.
- 3 wash plants.
- electric dragging.
- eager local workforce.
- 'soft rock'
Unless the land is a dud, I can't why any amateur couldn't make a profit......that's if they can sell the concentrate.
Obviously there are overheads and costs that are nothing to do with W.K....I'll not bother to list the obvious overheads or costs incurred over the last 24 months, but if they can reduce expenditure EUA as a whole may make a profit.....who knows?
Some good points and you could all be right.
@T.C.....regardless of whether he has time on his hands or not, I reckon the quality of the presentation is pretty decent, but it is all based on assumption.
The BOD really should be clarifying if clearing work is actually being undertaken at W.K or not.
When a 'regular P.I' is making presentations like this while the company release nothing is unusual to say the least.
Having just watched the latest video presentation from EUAjay, I noticed something that I had missed before. I noticed this text very near the end of the presentation.......
"Expect a full explanation in the next RNS"
Very interesting comment for a regular P.I to make.
Business ethics! 🤣🤣🤣
Coming from someone who suggested the possibility that a EUA subsidiary waltzes on site, starts doing work and it's not unusual to keep shareholders in the dark 🤣🤣🤣
When an anonymous poster is producing video presentations about 'clearing work' going on at W.K and the company are staying silent......I'd say that that is unusual.
I remember that the company released an RNS 10th May 2023 responding to media speculation that the company were in financial difficulty......they didn't reference the source of the speculation nor could anyone else find any article relating to speculation that triggered the response, yet there are video presentations on YouTube that suggest work is ongoing at W.K.....if that is the case.......it goes against the BOD' stated strategy, yet no response?.
The BOD could clear up this issue.
I've stated in the past that it would be great for EUA to mine W.K if it is economically viable and provide funds for future projects and EUA shares would be much more attractive to potential investors such as myself.
Why not?
Where is Tiffin?.....if you want to extend the deadline for my suggested 'agreement' .....just say.....I'm sure we can come to some sort of arrangement.
I suggest that next time you don't make false statements.