George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
info from yesterday, link posted last night, even if we sell to brics this makes the flow of metals much better and helps supply chains everywhere
The London Metal Exchange decided against a ban on new deliveries of Russian metal, in a blow to big western aluminum producers and some traders who had lobbied the exchange to take action.
The LME said that feedback from the metals industry showed that “a material portion of the market is still accepting — even relying on — Russian metal.”
It said it did not condone Russia’s actions in Ukraine, but that “the LME should not seek to take or impose any moral judgments on the broader market.”
that was very long winded tricky,
so the short version of that garbage,
you think we are all doomed and the company is going down the plug hole but yet you remain invested,
Genius, WOW
im not sure what can be done around options but if the bod know this will take a while longer can they not just allow the current options to expire so as not to dilute an already deppressed sp and simply re issue them at a later date before any deal gets finalised
its a bit doom and gloom on here today,
one possibility is after the shortly comment they had further proposals from other parties or possibly even the same credible party that perhaps said they would pay more if DFS and licence approval was all sorted out first and the company went with that, although its proven unfortunate timing due to the war i dont belive any valuations are pie in the sky, both the assets and the people getting involved tells me that much, also no one has left the table it seems, i still beleive the board are doing what is required with what they have in front of them and eventually when its all sorted to suit all parties then a good deal for everyone should be possible even if it takes a while longer,
i also take heed of this comment in the last RNS where they talk about future expansion of the company,
"In terms of the future development of Eurasia Mining PLC, we continue to look at expanding the business in various ways, including the development of hydrogen projects internationally coupled with new mining opportunities in investment friendly jurisdictions"
now call me mad ! but to do that they would require a pile of cash from somewhere, why even say that at all, mmmm
i am staying as positive as possible until the company tells me otherwise,
GLA
Paulb, you mentioned
Sakhalin 1 about to be nationalised by Putin,
that is not the full story, they are dealing with contracted partners who now want to leave Russia, Esso mainly ! the restructure of the projects is neccessary to move forward and foreign companies that want a stake can still be involved and that is the purpose of this move
India,
https://www.bloomberg.com/news/articles/2022-01-30/ambani-s-75-billion-plan-aims-to-make-india-a-hydrogen-hub
ADANI ENTERPRISE
BLOOMBERG
Billionaire Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy could transform India into a clean-hydrogen juggernaut.
Ambani, Asia’s richest man who’s built his fortune on fossil fuels, announced plans earlier this month to invest $75 billion in renewables infrastructure including generation plants, solar panels and electrolyzers. There is growing speculation that the strategy entails transforming all of that clean power into hydrogen, one of the largest endorsements in the next-generation fuel
Good point LB, do you know what prices the options are exercisable at ?
i wonder how much they would take in one hit ? ive tried a sell of 400k shares and no problem taking that, anyone got 2 or 3 million shares to try that amount? i would like to know what is the most someone could get a quote for, that could tell a story
GLA
errr pandamonia no it isnt i suggest you read up on that one
https://watson.brown.edu/costsofwar/costs/human/civilians/iraqi
my point MYSONIS
the DD RNS was in OCT 21, the build up of Russian army started March 21 so by OCT it was in full swing and while folk on here were moaning about DD being ages ago the buyers would have been spooked by the build up around Ukraine and then the war breaks out and things have gone even more mad since then, so here we are, everything on back burner until things are clearer before the deal gets done and we should not blame the BOD for that
What a crock that was Roger, anyone who agrees with that must have lost the plot, jeez
In March and April 2021, Russian Armed Forces began massing thousands of personnel and military equipment near Russia's border with Ukraine and in Crimea, representing the largest mobilization since the annexation of Crimea in 2014. This precipitated an international crisis due to concerns over a potential invasion.
CTC, there is one i read in an article in progress in uk ill try track it down again it was a drug company and this one bellow was in usa, perhaps things will start to happen to these trolls, the website is also in bother for not monitoring the situation well enough,
hint hint admin for goodness sake do your job,
The posts were directed at Toronto-based Theralase Technologies Inc., a publicly traded pharmaceutical company, and its principals, Roger Dumoulin-White and spouse, Kristina Hachey.
Essentially, the posts criticize them both professionally and personally, accusing them among other things of lying and illegal behaviour.
"Roger is like a pest diseased dog spreading his filthy rabbies (sic)," the user Nastynasta wrote. "A mangy dog that won't go away until he's put down."
"The management team are liars!!!" TrueNorthStrong wrote. "Been lying for 21 years!!"
Hachey was also the object of at least one "disgusting" misogynistic post that had nothing to do with investor complaints, the judge found.
Ultimately, Myers ruled that Dumoulin-White and Hachey had proven their claims. He awarded general damages ranging from $7,500 to $35,000 against each defendant in favour of each plaintiff. Myers also assessed aggravated or punitive damages against some defendants worth thousands of dollars more.
Myers also ordered the defendants to pay $55,000 in legal costs, saying their failure to take part in the lawsuit made their conduct all the more abusive.
the vol of sales and buys are not accurate as we know,
however !! i dont know about any of the rest of you on these boards but in all my time investing i have had many many buys marked as a sell but never one single time have i ever had a sell marked as a buy, funny that eh
how lame is it trying to make out 100b of deals is not that much, im at the stage now with her garbage i just laugh,
what a life eh, going on boards talking garbage all day on a share not invested in,
agenda all round,
he could buy back in now and have twice as many shares as he had during the stop loss hit but he would rather **** the company off and try spread fear, its all just bitterness in the extreme, very sad
i dug this out, looking good to me, GLA
interview released erdc.ru Part 1
JSC Terek Mining Company (part of the Eurasia Mining PLC group
headquartered in London) initiated a project for the exploration and
production of "green" platinum group metals and "battery" metals: nickel,
copper and cobalt. As part of the agreement on investment activities in the
Arctic zone of the Russian Federation with the Corporation for the
Development of the Far East and the Arctic, the project will be implemented
in the Murmansk region. The volume of capital investments will amount to
3.15 billion rubles and more than 380 new jobs will be created.
According to Konstantin Firstov, General Director of JSC Terek Mining
Company (TGC), Eurasia Mining PLC is a producer of palladium, platinum,
rhodium, iridium and gold, has a portfolio for the extraction of "green" and
"battery", has a mining license for deposits with reserves for open mining in
the Murmansk region.
"Our company is working on the Zapadny Kytlym field in the Urals and is the
operator of the Monchetundrov project, which includes two palladium and
nickel deposits located near the city of Monchegorsk on the Kola Peninsula.
The advantage of the project is open-pit mining with low cost and without
environmental problems. The status of a resident of the AZRF will make it
possible to enjoy the benefits and administrative support provided to
investors in the region," said Konstantin Firstov, adding that a legally binding
agreement was previously concluded with the KRDV on assistance in the
implementation of investment activities in the AZRF.
"The directors are pleased to sign a legally binding agreement with the
Russian state-owned Far East and Arctic Development Corporation, which
helps to secure our property rights not only through licenses, but also
through all relevant land rights. The agreement with the KRDV is a critical
milestone in our strategic development both in relation to the rights to
projects that belong to Eurasia, and in relation to various tax and non-tax
benefits that increase the value of the company, "said Christian
Schaffalitsky,Executive Chairman of the Board of Directors of Eurasia Mining
PLC.
James Nieuwenhuis,Ceo of Eurasia, emphasized: "We have crystallized our
ownership of projects and enjoy full state support both from the state-
owned Rosgeologia and now from the state-owned KRDV, subordinate to the
Ministry for the Development of the Russian Far East and the Plenipotentiary
Representative of the President of the Russian Federation in the Far Eastern
Federal District. We see significant state support for projects in the Arctic,
where all the Kola projects of Eurasia are located, as well as all nine projects
from our agreement with Rosgeo. The agreement with the CDF will benefit
both Eurasia-owned existing projects and joint projects with Rosgeo, as well
as future projects that Eurasia can implement in the Arctic and the Far
East..
ok buckle up for this one, im looking at possible outcomes,
so they closed shorts while the msci sell off happened , a smart move just before the AGM just incase any sale news drops by the AGM, they have realised all that profit without any increase in SP,
rather than them knowing anything we should also be aware that if there is no news of substance on the sale by the AGM then there is a good chance the shorts will pounce once more, this could be a very bumpy rollercoaster ride all the way to a deal getting done, im mentally prepared for that scenario and will hold till the end,
the board will be very aware of this scenario, im hoping they will have some positive information to mitigate this should the sale be a little while away, i still have faith in them navigating the choppy waters, i still believe they are doing their absolute best and i wish them all the best of luck in pulling this off for themselves and the rest of us,
GLA
so they opened extra shorts then sold out from msci, then bought them all back to close the shorts which all the while held the price stable ish ,
they made some money shorting and bought back the shares they just had to sell because they dont want to let them go
your garbage was removed kira, penny dropping post you made was removed, i dont know how you are not banned, you are a vile troll
this makes the change in wording in the recent RNS possibly make sense, about the appointment of Artem when they used
" Russian assets sale process"
i thought at the time that was a bit strange and perhaps they meant all Russian assets
Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased that Artem Matyushok, a high profile M&A professional has agreed to join Eurasia. The experience of Artem and his knowledge of Eurasia can significantly speed up our Russian assets sale process".
GLA