Member Info for Bumble1968

Well that's not a bad RNS!....
Read multiple times but will need to sit down in a quiet room and take notes!
Note passage re battery metals!
Note final line from James!
I expect further RNS's in relation to this one, really wouldn't surprise me if the Chinese state end up joining in here!
Tilly.... We may well end up needing a bigger boat!

Postman,
Could be from here!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
https://www.youtube.com/watch?v=fTR0BF4TZAU

The thing is Long9 if you really THINK this is going to sell for 33p why did you invest????
You could have made more money investing in another share.
IMO this will NOT sell for 33p and anyone who thinks it will has had to much sherry trifle after their sunday dinner!!!

Panderman,
1.80 ????????

Gareth,
You need to read all you can on Eurasia mining, starting here, but you need to make your own investing decisions based upon your findings.
Eurasia is currently going through a FSP because IT HAS BEEN APPROACHED by several parties examining either a full company or asset sale. If you read the published RNS's these will help.
Eurasia has a very desirable basket of metals (pgm's) and potentially a considerable amount of Rhodium, which are hugely valuable.
Should a sale be confirmed there is a very good chance that money WILL be made here but even if the sale does not proceed and we mine it ourselves (low cost open pit mining) the forecasted growth in sp is also considerable.
Only you should make a decision to invest.

Better day today!
Just looking at Anglo's financials on Google they also appear to have a fair slice of "cash in hand"
AA or NN have always been this obvious candidate's.
Monday could be interesting!

Dietch666,
This has been done, MAC will have figures to hand BUT we do not have ACTUAL fixed numbers.
We know theres Rhodium for example, and we SUSPECT theres quite a lot but we DON'T know just how much!

I think its already been stated but gold is abundant with thousands of tonnes stockpiled by virtually every country in the world.
PGM's are in comparison rare. (with Rhodium being extremely rare!)

This is the best one!...

https://www.youtube.com/watch?v=fTR0BF4TZAU

The thing is even if the rns drops tomorrow if it's a cash and shares deal there COULD be a 6 month settlement date.

Long9,
It's not really any of my business but if your that exposed sell a few, if your average is 27 your only going to lose a penny or so (a share) but you will sleep better at night, put the money in something else. Going "all in" on ANY share is very risky....

Billions.
IMO if this was going to fall through it would have done so by now.
7/8 weeks from non binding offers?
They bod/potential buyers must be in the same ball park to be this far down the line?
If the bod was asking say 20b and the buyers only wanted to pay 10b someone would have said "feck this" and walked.
How long does it take?
How long is a piece of string.
Governments COULD be involved here?

One of the worst things any investor can do is watch the prices every day. Having done your research and invested you should be confident in why you invested, keep tabs on the news and sit back. If your research is thorough the daily fluctuations are meaningless. I have stocks which are down, one well down, but I am confident in why I invested and will hold until my target is met.

Wouldn't Queeld have to declare it (8.3) if they were selling?

There's so many unknowns all we can do is sit back and wait.
There may be 1 or more companies involved, could even be Governments, Russian / Chinese???? Banks?
It take as long as it takes.
If it spills into April I will be trying to free up funds for the new ISA.

Or if the bidders include NN and AA they will KNOW that AP's drilling data is legit!

toon1966
Got it! thank you Google!

Toon1966
You've lost me with that one?

Patience is key here, we're all looking forward to the conclusion but even when the deal RNS is announced I believe that there COULD still be a fair wait until the settlement. I think this has been discussed before, but I was invested in the BG Group when it was bought by Royal Dutch Shell and I seem to recall a fair wait until we got the cash and shares. Things might have changed though as this was a few years ago.

Thanks CAW1, that was the response that was quoted to me....