Member Info for Beresford2021

I did say, I think, unless in a stocks and shares ISA account pompey :) but I am not a tax advisor.

my understanding is any payment of a divi will incur tax as soon as it hits your trading account, even if it's cash held within the trading account, as it's immediately a gain, unless it's held in an stocks and shares ISA account, which will be exempt for tax purposes, but I am not a tax advisor, so seek your own advice or read the HM website which I've provided the link to below, but it's not when it hits your bank account, it's as soon as it hits your trading account! Also, many peeps seem to be unaware of the rules regarding matching shares like for like when doing your tax assessment, my understanding is you have to match the shares up, buys with sells and vice versa, you can't just simply add and subtract on the shares you've traded in one tax year, if you bought shares in the previous tax year or a few tax years ago, you have to match them up. This is why it's so complex! IMO of course, and seek your own financial advice.

better to use this rattie, that advice might not be quite right for some as they might fall in to the 7.5% basic rate.
https://www.gov.uk/tax-on-dividends

it was £1.33

Fab, but still way short IMO! :)

I am not one. But I'm not sure the people who bought in all those years ago at £1-£1.50 would be happy, nor all those who bought in towards the high of 42p. I doubt very much the company will only give a divi of 33p, remember, they said Massive or words to that effect! Under £1 regardless of HS2 will be absolute daylight robbery. Again, refer to the ACF Equity research reports which the company commissioned, even they talk about a min of £1, and that's conservative!

Thanks CAW, really grateful, so looks as though next JORC is imminent hopefully. Just hope they pull it all together and deliver as one this time! Let's be having the sale RNS Board please!

far too low, I don't think that would get voted through for one minute if it was for more than 75% of the assets.

Can anyone tell me what was in this supposed rns which someone saw? I'm not up to speed on this, so trying to fathom out what happened?

The company itself has commissioned the ACF Equity research reports. The divi price will not be less than what is stated in those reports IMO, but, of course, it depends what is sold, but even if it is just MT & flanks it should be north of £1 for sure.

https://acfequityresearch.com/wp-content/uploads/2021/09/Eurasia-Mining-Plc-Research-Update-ACF-FINAL-06092021.pdf

https://acfequityresearch.com/eurasia-mining/

Wishing your grandson the very best Pete and hope he will make a sterling recovery, and tcxman (Tony), my sincere condolences on your loss, I will raise a glass to both tonight :)

and a reminder of the September one. Have a re-read of both peeps over the weekend. Don't be mugged by the plankton!

https://acfequityresearch.com/wp-content/uploads/2021/09/Eurasia-Mining-Plc-Research-Update-ACF-FINAL-06092021.pdf

perhaps we can at least go back to this, as how can the trolls argue this in all honesty?
"WAI JORC de-risks Monchetundra Flanks
Eurasia Mining (EUA.L) an AiM-quoted Russian Pd / battery metals dominated PGM miner RNS 16 Dec 21 announced a JORC from Wardell Armstrong Intl. (WAI) for NKT (part of M Flanks Kola and north of West Nittis (WN). WAI assigns a low end NPV of US $1,188m, of which 80% is attributable to EUA shareholders. The deposit Inferred Mineral Resource are 50% Ni, 33% Pd and 13% Cu et al. We consider the WAI JORC de-risks Flanks in part. We may also use the inferred resources JORC to raise part of our mineral assumptions. WAI uses a much lower WACC than our NPV. Our new WACC is still approx. 33% higher vs. WAI. Our EUA EV rises to $3.5bn. We use significantly lower long run Ni price and Cu price and a 20% higher Pd price vs. spot, suggesting an Implied EUA VR GBp 115-127. If we use Pd spot price our valuation still rises."

Interesting we are under attack again from the we are here to save you brigade. Is there an rns inbound, as when they proliferate, news usually follows! GLA.

It might be worth going back to basics and looking at the ACF Equity analyses. I think it was the one middle of last year, from recollection, that gave a rough indication of what was in the ground for MT & flanks, and that was before the Rosgeo JV. If you work out what was estimated we held then just on MT & flanks and take the average for the PGM prices, then there is the potential of colossal value underground at MT & flanks alone. On my own crude valuations, if metal prices stay as thy are or go even higher, then someone could be pulling out in excess of $200bn. From recollection, didn't they give us a conservative sp or around £1 then? and that's before Rosgeo and then EUA 2 on the horizon, plus the shortage of battery metals and the phenomenal demand for the same. May be folks can go back and look at that report and then the one that followed recently and do their own calculations based on those, as that might get us nearer to a target if, say, MT & flanks were to be sold first? Just my musings. Please don't shoot the messenger down.

sorry to disappoint you CTC, but no, been investing for 20 years+ and holding long in eurasia for 4 years. Hoping we get an intraday rns loaded with russian christmas goodies. GLA, will keep an eye open for the red dot.

I'm not GFD. Just looked a few weeks ago as everyone was posting about him going beserk on twitter! Off to bed and hoping for the mother of all rns's tomorrow! GLA.

GFD gave his name away on twitter!

companies house website Mac!