Member Info for Balconybaz

Mornjng Lancerman, yes read a few reports inc Gulag report also. The ACF was dated a while back i took that into consideration and also the numbers from power of 78 when doing my fag packet calculations. Surely the ACF is dated now what reality is now since alot has happened, its a good basis tho instead of these wild numbers i see :)

Even if Rowka did suggest a figure alike 200 billion was he adding on Finlands resources also :) im struggling to get anywhere near the 135 billion figure Robert1971 stated earlier i await to see if it could be shown to us all...

Kev, i assumed it was based on palladium equivalent. I can only read it like yourself but pretty sure thats the case, if i had the balls id go full hog here, you got consider damage control and risk analysis incase the outcome isnt whats expected, i sat a few days ago and considered what you are saying. I am confident of a good price but i am also not hanging myself out to dry. That is a personal thought process only. I commend the bullish approach :)

I believe that document was superceded by this

https://www.powerof78.com/2020/09/13/eua-sep20-valuations/

The figure at the high end was bullish obviously as it states, some may say alot of of things would have to align in our favour to get anywhere near this , best focus your mind to the mind on the middle bracket

My fag packet calculations , MT 15moz palladium equivalent x 2000gbp average = 30 billion worth, sell average is equal to 10% of value, so 3 billion x 0.35 per billion, SP 1.05, lets add a little on for WK, which had previously been calculated at .17pence but lets say after DFS we double to 34pence, all in 1.39. Not considered at all it the additional 25Moz because i have no idea at what time it becomes of value to company. Very happy to see any other rough calculations rather than pie in sky figures, i hope its higher but this is where i get to

Thanks for reply Lamstree, that was my thoughts on this ... look forward to the outcome :)

Robert break down the 135 billion for me please, not a challenge mate just want it clarified. That way we can all see where this comes from.

Morning Iain.. 1.22 is a good shout by all means, we all know the potential is there for more. But its good to keep feet firmly on ground and not get lost. End of day a 4bagger from here is still awesome ... we want to get as much as we can but we also will have company buyers trying to get as cheap as they can!! be nice if things were slightly more transparent but NDA is implemented for good reason.

Ian_ i seen those polls last night on the telegram. Encouraging we are in a ball park of 1 pound to 1.20 , roughly my estimations also! It seems more level headed there and as you say most are LTH who may have feet on ground however i asked 1 guy there , "does anybody here have anymore knowledge to whats going on behind scenes?" Simple answer wad nobody has any idea other than if you are sitting at the round table doing discussions with the FSP team and lawyers. Im still a strong buy and looking at 1.20 - 1.40

Thinking about how there is alot of discussion regarding the SP and how it didnt move on the DFS RNS last week. On the RNS the board stated "pleased to announce the approval of the West Kytlim definitive feasibility study ("DFS") by a formal meeting of the Russian State Committee on Reserves." To me that is a positive statement. Now there was no numbers released wether that be higher or lower. Could it be ...due to how this would directly affect SP is also kept within the NDA that is on alot of info regarding FSP??

Think the 5p was meant for the ARS bb looking at their history ?? schoolboy error

Loving the accuracy Aston :) by way my 1.20 to 1.40 is a conservative guessing based on 3 different reports, i sure would like to see 2.00 plus

Jacobs, use the below link as a way to get ur rough price and how people may get their figures

https://www.powerof78.com/2020/09/

This was created September last year by someone who took time and effort and is pretty damn knowledgable, it was also prior to WK DFS, prior to potential bidding war, may be wrong but id say its a good starting point for anybody making guesses... based on that i'm going for 1.20 to 1.40

Last week we had a great RNS confirming EUA are engaging with a wide range of parties on the FSP FACT. We have received non binding offers FACT. What we do not know is how many offers, who made the offers and also how much the offers were, obviously this info will not go far from the round table. We do know we are expecting the WK DFS orientated RNS, was meant to be here end of 2020. I appreciate the document is massive! Heres looking forward the next few weeks as this unfolds

MY OPINION 1.20 TO 1.40

For any new members here are some links to external reports done on valuation just for info only, note things have changed in resources since these were created in a positive manner

https://www.powerof78.com/2020/09/

https://www.powerof78.com/wp-content/uploads/2020/03/Gulag-CP-Eurasia-Mining-07-March-2020.pdf

Better just buggering off then Daz, your not invested and talking nonsense, and your getting ripped rotten from multiple angles

Ha ha Crabby good shout

This is all assumptions1307, however RNS is positive, the deal in my opinion sounds HUGE. The last line is what ive seen before on other companies. It actually has to be said for legal side

1307 i really dont see where your coming from here, u need to remove them tainted glasses. The RNS this morning confirms non binding offers are in, multiple parties interested. The statement at end of RNS gets put in for the legal side

FAO THE MADDEST STORKY

TMS you said ur previous post was FACT i called you out to prove to us all this FACT, you have since dodged my call out, i guess if you cant prove the statement u see as fact you will be recognised as a bull s%itter

Ok storky if it ur last time ill make it mine to , rest assured ill b here, pinky promise

The Takeover Panel has agreed that any discussions with third parties about an offer for Eurasia may be conducted within the context of a "formal sale process" as defined in the City Code on Takeovers and Mergers (the "Takeover Code") to enable conversations with parties interested in making a proposal to take place on a confidential basis.

Parties with a potential interest in making a proposal should contact UBS (contact details as set out below).

The interested parties shall be invited to submit their proposals to UBS. It is currently expected that any interested party wishing to participate in the formal sale process will, at the appropriate time, be required to enter into a non-disclosure agreement with Eurasia on terms satisfactory to the Board and on the same terms, in all material respects, as other interested parties participating in the formal sale process, before being permitted to participate in the process. All existing non-disclosure agreements interested parties have already signed with the Company in relation to the potential acquisition of the Monchetundra asset remain valid.

The Takeover Panel has granted a dispensation from the requirements of Rules 2.4(a), 2.4(b) and 2.6(a) of the Takeover Code such that any interested party participating in the formal sale process will not be required to be publicly identified as a result of this announcement and will not be subject to the 28 day deadline referred to in Rule 2.6(a) of the Takeover Code for so long as it is participating in the formal sale process. Following this announcement, the Company is now considered to be in an "offer period" as defined in the Takeover Code, and the dealing disclosure requirements listed below will apply.