Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
2+2=4 quick maths.
104Moz is worth 100bill give or take a few 100billion then you have to add in all the taxes and costs and because I want to deramp this is worth $3 profit so we are in a negative share value of minus 99 billion. Quick everyone sell your shares and buy bitcoin
So where has this 40 billion figure come about for purchasing the assets. Is this more speculation, I think so.
Good news is, the RNS states, unequivocally that,
"The Company's existing mining operations in West Kytlim and Monchetundra will not be affected by the JV, except that the ores from the Additional Assets could be toll treated at the extension of the Monchetundra processing plant to be constructed on "turn key" basis in accordance with the signed EPC and Financing contract signed by Eurasia's subsidiary with Sinosteel".
There is no mention of 40 billion to purchase or whatever, people are talking out their hoop.
Today was a good day, everyone should enjoy their weekend and see what happens on Monday.
As said previously Rums all round for the pirates, prob a few beers and gins for me.
Looking forward to Monday.. GLA
EUA and Rosego JV for 9 open pit mines with 104.6Moz of material with possibilityof 75% ownership.
FSP continues with MT and possibly WK and this is why speeding ticket was issued and SP is around mid 20s.
MT and WK sale price of 50-80p (arbitrary numbers) for argument sake, we get a dividend then keep shares and moving forward when mines open, EUA pay dividend out for mineable resource. Going back to the comment of Bushveld.
So they make money from what they have established, use that to create something new and grow the company to become a world leader.
Just a theory..
Quick question. Would the buyer or buyers in a transaction like this wait until the end of the financial year so they could post a profit, so delay paperwork etc.
Then beginning Q2 make the purchase so they had the full year to make back the loss from the said purchase.
If I'm being stupid let me know, just a thought, 100% not a deramp and not rubbishing EUA.
cheers I might have signed up a while ago for some updates about EUA and just forgot. Wondering if someone was trying to scam me. "Please enter your trading account number which holds all your EUA shares and pwd. A Nigerian Prince wants to donate 1 million shares to you".
Ndn71 that might be the case and the flanks hold no value to a company/potential buyer. This would have no bearing on EUA bod imo.
As the seller of X, I am saying this is the value, if you do not include it then, take care, have a nice day and I'll move on to the next buyer.
When you are attemptinga selling anything it isn't for how cheap you can go, but getting the maximum.
Gecko, I have learnt a lot being involved in this share, that was defo a shaky moment. I almost sold but was thinking it doesn't make sense.
All good now though so let's wait for the next hopefully positive RNS.
p.s all the absolute ck wobblers that took the time to come on here a gloat, tell people that they were right, give yourself a slap.
Well at least there is something new to speak about and dissect. Not worried about the end line of no guarantees for a sale.
When I've asked people to sign waivers they have said 'risk of injury and death blah blah' just legal arse covering.
Holding tight and at least now we know might be a couple more weeks/months. Maybe end of finacial year or early April.
Has anyone seen Doc Martens is looking at a £3bn valuation.
Hopefully little old Eurasia can seek a higher value, would be nice. I would have thought what we have in the ground is slightly more valuable, but who knows.
https://www.google.com/amp/s/amp.theguardian.com/business/2021/jan/11/dr-martens-planning-stock-market-debut-in-london
The MMs will most likely have this sub 30 all day, pick up at the end. Hopefully I'm wrong but without news I don't see this moving up.
With nothing over next few weeks this could march back down to 25p IMO, if so good time to top up and wait.
Denial - Anger - Bargaining - Depression - Acceptance.
The last 6 months it was literally every morning going through these stages. 0700, no RNS, now I'm just on the acceptance stage for the whole thing. It'll take as long as it takes but will be worth it in the end. Waited 5 years, what's a few more weeks/months.