Member Info for Broxburn68

Perhaps the recent SP recovery is due to favourable reports issued recently from the CSN in regard to other nuclear projects in Spain. It's certainly reassuring to see this, especially as they seem to be adhering to the legal requirements of their role and not issuing subjective decisions as feared. Watch this space I suppose...very encouraging.

https://www.europapress.es/temas/csn/

If you think divulging someone's personal identity on the board is OK, that's for you. I could do without revengeful Roman philosophers in disguise behaving like total scum.

Dear Ian_

Are you condoning this sort of behaviour?

There was some good debate going on earlier between Mac, TDT, A1EX, etc but the new avatars appearing today are well out of order. You know why. If you think this is acceptable think again. Utterly disgusting lowlifes.

In with Jarvis/ X-O as well. Hold for me too.

No probs john389, weird happenings on Twitter indeed. I hope those responsible get what they deserve.

john389

In what way is my post misleading?

There are several similar fake tweets on that site, eg Amur, UJO, Genedrive and more. All the links on these tweets are the same and take you to Smallcappicks twitter page, which is blocked. Make of this what you will.

A1EX

I found this on Google Earth and thought it might be of interest to you. It's a 360 degree view which would seem to take in a perspective of the West Nittis area under potential development by EUA. I've had a look at the writing on the sign and the second line would seem to translate as GMPV in English? The numbers on the first line don't seem to correlate to any published drilling from the Anglo days though. It would be intriguing to see what you can find out. if you select "street view" when viewing the area, you'll see other panoramic images in the vicinity.

https://earth.google.com/web/search/monchegorsk/@67.911499,32.74069977,465.96677596a,0d,39.28902514y,189.910262h,87.00087844t,0r/data=CigiJgokCdulcDS9IExAEbdkMvBGH0xAGUXHM2bmlQnAIVuEd5p88AnAIjAKLEFGMVFpcFB3aktmaGdWdm52VG94SVlpdS1xcy1RNlRSMjQwVENNY3V1V3I5EAU

I forgot to mention there's no stamp duty to be paid on the issue of new shares (0.5%), but this would not be too relevant in your case! The vast bulk of the new issue will be taken up by IIs, but it will be interesting to see just how much is raised through PB. It really depends if you think the extra cash will be of significant benefit to the company, and therefore the SP, going forward.

There have been other issues through PB recently (and importantly through non-public placements) which have been very detrimental to existing shareholders, for example TRX issued a placing at a 75% discount to the prevailing share price. It's worth signing up for PB as you'll get an alert when there are new issues. It's also important in my book that the public can take part in these placings, rather than being diluted heavily without being given the opportunity to partake.

Pro_G, you'll be giving the company your money rather than an existing shareholder.

darkhorse1002, 1 17/200 pence is the par value of the shares. issue price will be around £3.

Good to see PI's and existing shareholders getting a fair deal in the placing via Primary Bid today. The Issue Price for the Retail Shares will be equal to the mid-market closing price of SSP’s ordinary shares on 3 June 2020 (please see RNS for additional details). This is the same price as offered to institutional investors.

https://www.primarybid.com/offer/82

I know it doesn't have any direct bearing on EUA, but there's been quite a lot happening in the last few weeks in the PGM world next door to MT at Fedorova. The first article was posted by GulagCP on twitter, so i know some of you will have seen this already, but the second article shows how quickly things can change given the right connections in Russia! I've added an older article from John Helmer which has proven extremely perceptive in it's outlook with regard to Barrick.

https://www.rbc.ru/business/15/05/2020/5ebd49a99a7947123b2e6937

https://www.interfax-russia.ru/northwest/news/moshchnost-goka-dlya-razrabotki-mestorozhdeniya-mpg-fedorova-tundra-sostavit-15-16-mln-tonn-rudy-v-god

https://johnhelmer.net/barrick-faces-two-front-attack-on-russian-gold-and-platinum-assets/

Mac, there's no doubt that Mr Rawlinson is an important addition to the EUA board but he's been appointed as a Non Executive Director. He will not be involved in any form of "management", which would include finalising the legal detail of any possible M&A legal paperwork, if that is indeed happening.

Perhaps the new Nomad and/or AIM regulation has insisted on a genuine "outside" appointment as NED as Dmitry, Gary and James all have substantial shareholdings which may affect the required impartiality. Mr Rawlinson has not been incentivised by shares, which would suggest this may be the case.

https://www.iod.com/news-campaigns/news/articles/What-is-the-role-of-the-NonExecutive-Director

Here's an interview with Francisco Bellon in Elperiodico de la Energia this week. It's interesting to note that over 58% of the company's shares are now in Spanish hands, showing a strong level of interest there. Bellon also seems to be doing a very competent job as figurehead for BKY, perhaps more accessible to the Spaniards than Paul Atherton was.

https://elperiodicodelaenergia.com/francisco-bellon-berkeley-minera-la-mina-de-uranio-de-retortillo-no-depende-del-futuro-nuclear-en-espana-sino-del-negocio-internacional/

No, that's not right TAF. Owen can't sell the shares until they are in his broker account in June. A bed and ISA would take place almost simultaneously; if the SP was 0.45 at that time, Owen would sell at say 0.42 and buy back at 0.46. He would lose a few shares in the transaction as the monetary value would be the same. He would also have a capital gain on the difference between 0.25p and 0.42p to take into consideration in this example.

You're quite correct, but the accounts give the position at a particular point in time which is a useful reference.

Caterham7,

You'll find plenty of information in last year's accounts and reports from Edison Group as below. The 2019 accounts are due for publishing by 4th June and will be followed by an updated report from Edison. I hope this helps.

https://www.edisongroup.com/publication/doubling-down-on-the-winners/24021/
https://www.edisongroup.com/company/allied-minds/2801/
https://www.lse.co.uk/rns/ALM/allied-minds-annual-financial-report--tpm9vpxghupxy2h.html

Hi flundra,

I'm not back in yet, but regret not at least having a punt three months or so ago when I was seriously tempted. I still think that the presence of Ribera and her cronies at the head of the Ministry of Ecological Transition will stymie us with countless legal appeals and objections to the Urbanisation License. She has a "not over my dead body" attitude towards this project and as we know was largely responsible for crashing the share price in the autumn of 2018 with her comments. We may well hear from her soon....

The current situation is quite reminiscent of the Jan 19 recovery, when BKY obtained two favourable reports from the CSN. There must be a good chance that success will also be achieved now, judging by the markets, and the decision of the CSN cannot be appealed. It's another important milestone to achieve. it's also notable that BKY have been more active in the press this time round, which is a positive sign.

One massive plus in our favour going forward is the strength of our legal team; to have avoided any trip-wires in obtaining 120 or so permits over the lifespan of the project is remarkable, especially considering the "controversial" nature of the operation.

I'll be back in at some point as it's a really exciting project with massive potential, but signs of a change of those in power will probably be the catalyst for me. This may happen sooner rather than later if (when) the Spanish economy collapses and yet another general election is called...

Broxy