The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
BFL
i see you purchased shares just before the AGM ! good to see another investor that has positive vibes about this company !
Toffers and Mr highly improbable
you have to consider if a Russian company were about to buy the assets they could use the metals for the Russian market,
that could be an everybody wins scenario and they may indeed take the third party risk you describe in clearing the area especially if they may have already received some verbal assurances the deal will be given the go ahead,
i am not saying thats whats happening im suggesting that its possible rather than highly improbable
Mr Wolfe
i remember you told us at 30p when you sold out but then you also told us you bought back in at just under 20p which you have obviously since sold out at a loss since you hold no shares now,
yet another disgruntled ex holder that enjoys winding everyone up making out you are trying to save us all from losing money, pull the other one numpty
Seen it on aim "over the years " you just joined today !
low flying duck alert !
quack quack !
off your meds again
The advanced talks about the concentrate could very well be part of the advanced talks to sell all the assets , hence store it until the deal is wrapped up
i get the feeling its all about the buyers ( even with them being BRICS ) waiting around on a better geopolitical situation or at least until Russia vs NATO is off the table
You have not consiedered this either Fr,
About 2/3 of the resources have been defined as reserves under Russian classification by Norilsk Nickel, however the drill core and the trenches have only been analysed for the base metals (Nickel and Copper) and have not been analysed for platinum group metals ("PGM") thus limiting the classification to inferred under the JORC Code due to the application of regression formulas for PGM. Once all the PGM assays have been completed, this data will be used for re-estimation and re-classification providing additional upside for the next NKT MRE update.
· In order to further upgrade the resource Eurasia has engaged with SGS and Alex Stewart International for primary and secondary controls of the PGM assays on the historical drill core and the trenches by Severonickel / Norilsk Nickel as well as on the additional confirmatory drilling just done by Eurasia on NKT.
· The NKT nickel-copper-PGM ore used to be mined and shipped about 1 km distance to Severonickel, the world's largest nickel processing plant. Thus, the NKT area is well served with the infrastructure required for the relaunch of mining and processing and the tailings are planned to be used as backfill to the old NKT mine developed in the past following the best practices in ESG and saving on the tailing storage facility ("TSF") capital expenditure.
and thats just a small part of what is being sold so its an unfair valuation to miss out on almost everything we are selling,
whats your estimate on the sale price for everything we are selling without missing anything out ?
where did you get the capex from of $1B NKT from ? have you got a link for that ?
Fr. Jack
you have assigned ZERO value to our largest asset chunk of MT or NKT open pit part, or NYUD entightlement, or the full potential of WK, also we already have an NPV of 1.2B to 1.7B for NKT underground part, even a lowball firesale on NKT would have a sale value of higher than your estimates, there is also the unknown iridium and rhodium values accross all of the sites which should be substantial,
you have compared us to firesale prices of other asset sales,
your valuation misses out almost everything the company is selling, it makes no sense doing that
More drivel toffers as spelled out by LB yesterday it looks like they were offered the chance twice to sell at 26p and chose not to, and the indemnity they offered was not anywhere near good enough, also whatever happens now insurance is in place hence eua informing us via RNS that the case doesnt affect the sale, your opinions on this are nonsense and designed to fearmonger and you are clearly on a mission to try damage this company as much as you possibly can as you continue to demonstrate every day, your Game on comment sounds like you want eua to lose the case and youd be a happy as a pig in poo should that happen, what sort of toxic person would wish that on all the people on here with lots of money invested
Exactly my thinking LB and thanks for spending the time spelling it all out,
they could have sold without a certificate and chose not to at the time as you say they thought they would get much more, oops
Its not out of context at all toffers, they could have sold without the ertificate as i stated and so did you in that post and i think everyone genuine on here can see clearly it is you toffers that is the deceitful one on here,
WELL TOFFERS and the rest that didnt think THEY COULD have sold without a certificate, even toffers posted about it,
toffers post 7th july 09.01 here is the main snippit from toffers post
"In their defence, the company state through their lawyers that their clients had enquired through Link and a certificate was not deemed necessary for Link to record an off-market transaction, for instance, a disposal to an 'established institutional investor' or 'strategic investor' "
so they chose not to sell by that method but they could have which was my point and they were advised this as i stated earlier.
everyone on here should note that toffers knew all along this was advised to the claimants
Toffers
you know full well that advice was in the court papers timeline that the company advised them they could sell to instituitons without the certificate, how they achieve that i have no idea but that advice was given to them so i think they would know there was a way to do that if it was given out as advice at the time, us mear mortals cant but it seems from that advice that the big boys can do it and that advice was given right away when they informed eua they had lost the certificate
Another of you rubbish attemptstoffers is your company ending damages in the court case, i did some digging on that and my advice back from what we know so far is the damages wouldnt be that much as the claimant were advised they could sell off book at the time despite the fact they lost the certificate, so any damages should in the unlikely event they even win would be the difference from off book to market price at the time, if they didnt even bother to get an off-book quote at the time they will get nothing apart from costs and a new certificate and even if it that is wrong advice and it goes to higher damages then it is covered by insurance which eua have told us the have in place, it is you who is misleading as many people as you can as its clear you want to damage this company for some reason,
how you are not banned from here is disgrace on the admin dept from lse,
They were not trying to sell it then toffers they just said they are being approached the same article you posted also states the following, which was the plan they went with to add more value,
Meanwhile, the company has accelerated its review of possible new opportunities, with a particular emphasis on “certain opportunities with near-term production possibilities”.
As part of its operational review, the board intends to create two new internal divisions named Eurasia Exploration and Eurasia Development & Production.
thats not trying to sell
TBOB you are spot on, i gave it a go but its like talking to a tree
Amur Minerals confirmed the receipt of US$35mln following the sale of its 100% interest in its nickel-copper sulphide asset, Kun-Manie, in Russia.
https://www.proactiveinvestors.co.uk/companies/news/1008998/amur-minerals-confirms-receipt-of-cash-following-russian-asset-disposal-1008998.html
you would have to be stark raving mad to pay any attention to anything toffee brain states on here
Thanks Audrey, glad you find all this amusing,
have some laughs at your own smart ass comments,
jeeez
Toffee for brains,
AMUR MINERALS - assets SOLD !! all their metal was still in the ground !! MONEY RECIEVED !!
https://www.proactiveinvestors.co.uk/companies/news/1008998/amur-minerals-confirms-receipt-of-cash-following-russian-asset-disposal-1008998.html
Fr Jack
the low visibility on sale comment was before the more recent comment at the agm where CS said we are very hopefull of a sale this year,
i think the original so called eua 2.0 was going to be whatever of the jv mines they were going to go ahead with starting with NYUD and i think the original plan may have been the same as now in selling everything else, now they are selling everything in Russia including the rights to NYUD,
eua 2.0 was never an accurate descrpition, meaning it was just used a description of eua after the sale of assets, it is still going to be the same eua it allways was, they are selling the assets and not the company, after the sale of all the assets in Russia eua will be holding the 20 percent after the dividend payment to move onto something else when the sale is completed. thats my take on it all so far, GLA
Sorry i meant
Fr.Jack .Hackett not Hackey