Member Info for CAW1

From annual report average is 0.60p
55m @ 0.42o
40m @ 0.60p
35m @ 0.90p
GLA

From poly board
"Presidents of Ukraine and Russia Volodymyr Zelensky and Vladimir Putin "with a high degree of probability" will meet in Turkey, head of the Ukrainian delegation at the talks David Arakhamia said during a telethon on Ukrainian television on Saturday.

According to him, Turkish President Recep Tayyip Erdogan "called both us and Vladimir Putin yesterday, and he seemed to confirm for his part that they were ready to organize a meeting in the near future."

"Neither the date nor the place is known, but we believe that the place with a high degree of probability will be Istanbul or Ankara," Arakhamia said."
https://en.interfax.com.ua/news/general/820489.html
GLA

Happened Friday morning and nothing on PGM’s
- metals and companies in link.
https://mobile.twitter.com/Sino_Market/status/1509872563081474056/photo/1
GLA

*sorry should say 10 times more gravel not 100
GLA - have a good weekend

From interim report for 6 months to 30th June 2021 based on 1 wash plant
Sales 425,965
Cost of sales 665,448
Gross loss 239,483
add in all other costs
Loss before tax 1.465m

Now if we keep all extraction costs and administrative costs the same for the next 6 months and say that the move from 1 wash plant to 3 and say that equates to 100 times more gravel being processed at the same gravel content then sales would be £4.25m.
Now increase commodity prices by 3 so profit by 3 then sales would be c£13m, take off the costs as above and then net income c 12m
So at £12m net income at 80% would equate to 1/3p dividend.
IMO not a chance of any dividend on WK production only.
Don't think we will agree so will park this now - we will find out in a couple of months
GLA

For EUA to pay a dividend they would need to generate £35m net income to pay 1p per share.
I don't believe this is possible without asset sales considering first half of the year was a loss.
Yes metal sales a stack to the back end of the year but still IMO not possible without asset sale of some kind
GLA

The RNS on dividend was put out to clarify dividend payment at 80% of Net income and IMO to stop speculation as to how much of any asset sale would be paid out in a 'special' dividend.
Again IMO once/if this special dividend is paid then the 80% will be come obsolete as potentially substantially all assets will be sold and thus nothing left to generate a dividend for a number of years until EUAv2 hydrogen gets going.
GLA

At 80% payout of dividend - WK would have to generate £35m profit to pay 1p dividend if my maths are correct.
IMO not going to happen
GLA

Not necessarily the AGM, could be a EGM - although now just referred to as general meeting I believe
EUA website has calendar - AGM due June
https://www.eurasiamining.co.uk/investors/corporate-calendar
GLA

If it is then again one rule for II's and another for PI's. No charge/spread when doing it as shares and price match
GLA

Hard to work out what is truly going on

Vladimir Putin and Volodymyr Zelenskiy could meet “soon”, a senior aide to Ukraine’s president has claimed, even as the Kremlin downplayed hopes of an early breakthrough in the peace talks.

The head of Ukraine’s negotiating team, Mykhailo Podolyak, a key adviser to Zelenskiy, said on Wednesday that Moscow was scrutinising proposals submitted by Kyiv in Istanbul which he believed could lead to a presidential peace summit.

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“We can expect a presidential meeting to be held some time soon,” Podolyak said. “When is too early to tell, but it is a logistical issue.”

https://www.theguardian.com/world/2022/mar/30/putin-and-zelenskiy-could-meet-soon-says-ukraines-top-negotiator
GLA

Russia to continue to allow gas payments to be made in euros - Germany
Russia will continue to allow European countries to pay for its gas with euros and not rubles as it had previously threatened, the German government has said.

Russian President Vladimir Putin told German Chancellor Olaf Scholz Scholz that payments from Europe next month "would continue to be in euros and transferred as usual to the Gazprom Bank which is not affected by sanctions", German government spokesman Steffen Hebestreit said.

The bank would then convert the payments into rubles, Hebestreit quoted Putin as saying.

"Scholz did not agree to this procedure in the conversation, but asked for written information to better understand the procedure."

Russia had previously said that "unfriendly" countries would have to pay for its gas in roubles from 31 March.
GLA

Seems it is just the UK arm and believe Germany may be doing similar
https://news.sky.com/story/amp/london-arm-of-sanctioned-russian-bank-vtb-close-to-collapse-12578264
not quite the same as the whole group
https://en.m.wikipedia.org/wiki/VTB_Capital
GLA

Hi Dave - a bit of news with any meat on it from the BOD combined with cease fire and SP should propel past your break even point IMO. You sit at placement price which should be support without geopolitical events.
GLA

Russian stock comparison, EUA looking not too shabby from pre war numbers - obviously longer way down from the 40+ donkeys ago
POG fallen from 15p now 5p
EUA fallen from 23p now 13.5p
EVR fallen from 600p now 88p suspended
POLY fallen from 1200p now 340p
AMC fallen from 3.5p now 1.95p
GLA

Funny that Tilly - been at Coventry Arena most of the day - home to the wasps
GLA

13.50p UT I believe - hope for more tomorrow
GLA

And MM's to stop dicking around
GLA

Looks like a late report of a small short opening yesterday
28-Mar-22 10:38:34 10.50 50,000 Unknown* 0.00 0.00 5,250 O
28-Mar-22 10:38:34 10.50 -50,000 Unknown* 0.00 0.00 -5,250 O
Not a wise decision looking at the rise at this point
GLA

Think it’s same link as Mark below on CGT link and all over other Russia stocks so can’t take any credit
GLA