Member Info for CAW1

The financial position of the Company is sufficient to accomplish its commitments in relation to Rosgeo JV, where a JORC resource by Wardell Armstrong is to be announced shortly

Comments
Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased that more institutional investors have joined our shareholder base, as we reach another important milestone. We look forward to providing further updates".
https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xl14g3r
GLA

· Further to the proposal (the "Proposal") from the credible party (the "Buyer") on the potential asset sale announced via RNS on 12 May 2021, the Buyer has informed Eurasia in writing that it has successfully completed its due diligence.
· As announced via RNS on 30 September 2021, since the receipt of the Proposal in May for the potential acquisition of substantially all of the Company's assets, additional interest from other parties is being considered by the Board.
· It is the Board's intention to advance several options with advice from UBS, DLA Piper and other advisers.
Until a transaction is finally concluded there can be no certainty that a transaction will occur or on what terms.

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that we are advancing several transactions concurrently. We see competition for Nickel-Copper-PGM assets (with a similar basket of metals like ours and the assets included in our agreement with Rosgeo) increasing on a global scale".

James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "We are advancing our development projects to production, increasing production on our operating mines adding value to Eurasia, while also focusing on other strategic options that are progressing well".

GLA

Still think it's NN but they could be in the mix

Tamerlan has introduced several Asian companies interested in working with Eurasia, including a Japanese US$21b net revenue company, that is already present in a PGM mining asset.
https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/w9808dr
GLA

Fomo
@Astonx007
#EUA $EUA How was this never spotted... is he telling us that Toyota have been lined up to buy us for YEARS and we never noticed!!! RocketRocketRocket
https://mobile.twitter.com/Astonx007/status/146788207367128269
DS second last tweet - Toyota
https://mobile.twitter.com/EM_investor/with_replies

GLA

The net proceeds of the Private Placement are intended to be used primarily to finance the joint venture with Rosgeo ("Rosgeo JV"), as announced via RNS dated 26 March 2021, including Nyud, Moroshkovoe and other major Rosgeo JV platinum group metals ("PGM") and battery metals open pit deposits.

Christian Schaffalitzky, Executive Chairman commented: "The Directors are delighted that professional institutional investors offered to support Eurasia's fundamentals and its strategic options, as we continue to develop the Company including the upcoming acquisitions of Nyud, Moroshkovoe and other significant Rosgeo JV PGM and battery metals open pit deposits. Furthermore, while our board and management continue to be significant shareholders, the Directors are confident that the Private Placement will further strengthen Eurasia's negotiating position."

James Nieuwenhuys, CEO and Managing Director commented: "We have decided to advance the Rosgeo JV, as its projects' potential has become more evident during the course of the confirmatory work being done by Wardell Armstrong International in relation to both PGM and battery metals (nickel, copper and cobalt) that are future facing metals in relation to the fast-growing hydrogen and EV markets respectively."

GLA

free trade £2 buys
GLA

As further announced on 15 June 2021, Monchegorskoe LLC was created to hold the licence for the Nyud open pit PGM and battery metals deposit ("Nyud"). Eurasia's 100% subsidiary Yuksporskaya Mining Company / Yuksporskaya Gornaya Kompaniya ("YGK") has signed a notarised agreement with Rosgeo group company pursuant to which YGK will become a 75% shareholder in Monchegorskoe LLC after the licence for Nyud is transferred from Rosgeo to Monchegorskoe LLC. Pursuant to the terms of this agreement Eurasia, through YGK, will also have a right to acquire Rosego's 25% shareholding in Monchegorskoe LLC upon the completion of a JORC Code compliant competent persons report ("CPR") on Nyud.
https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/wkljkvx
GLA - IMO it is what we are waiting for before Jorc and potential asset sale news

In March 2021 the Group entered into a cooperation (joint venture) agreement with Rosgeo regarding
exploration assets in the proximity of Monchegorsk on Kola Peninsula. The Group will acquire an initial 75%
stake in each asset, which will be assigned to separate joint ventures.
The Group's outstanding commitments under the agreement are Rub37.2 mln (approximately £3.7mln) payable
in stages conditional to licensing and permitting
GLA

Recent trades for balance - buys winning if trade times correct!
Buys
2021-12-06T11:49:53.663 GBX 22.39 223313 49999.7807 Off-Book AIMX P AIMX
2021-12-06T11:48:59.280 GBX 22.299 224225 49999.93275 Off-Book AIMX P AIMX
2021-12-06T11:38:56.577 GBX 22.37 321828 71992.9236 Off-Book AIMX P AIMX
Sells
2021-12-06T11:42:42.180 GBX 22.1 228843 50574.303 Off-Book AIMX P AIMX
2021-12-06T11:42:40.617 GBX 22.1 100000 22100 Off-Book AIMX P AIMX
GLA

TheMadStork Premium Member

Posted in: EUA

Posts: 3,055

Price: 25.75

No Opinion

RE: Oversold09 Mar 2021 11:37
My average on the short is 40p.

I closed half of my short on the afternoon of Churakov's share dump. The other half is still open and the only reason I haven't added to it is that Spreadex is not accepting any new trades in EUA, short or long.

GLA

Pot calling the kettle black, you derisked your short 4-6months ago
GLA

I see they are trying a new angle. The company have no shares in treasury so they can’t be paid in shares
‘As a result of the issue of the Placing Shares as described above, the issued share capital of the Company, with voting rights, will consist of 2,853,559,995 ordinary shares of 0.1p each, assuming no exercise of the Warrants. As the Company does not hold any shares in treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Disclosure Guidance and Transparency Rules.‘
https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x8qymox
GLA

Looks like a 25% discount to me

'The Rosgeo Agreement allows Eurasia to gain a 75% equity stake in each of the nine new mining assets (the "Additional Assets"). The remaining 25% equity stakes will continue to be held by Rosgeo.

Eurasia has paid an initial consideration of c.US$0.5 million of cash (the "Initial Consideration") for its share in the JV. In addition, incremental consideration would become payable under an earn-out structure (the "Earnout") in the event that Eurasia decides to proceed to develop the Additional Assets. The total of the Initial Consideration and the Earnout (if applicable) is capped at 75% of the value set under the relevant Russian law if the Additional Assets had initially been auctioned by the Russian state instead of being acquired by Rosgeo.'

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/r7jz0vr
GLA

2021-12-03T10:44:33.540 GBX 23.405 128133 29989.52865 Off-Book AIMX P AIMX
2021-12-03T10:43:25.103 GBX 23.045 130132 29988.9194 Off-Book AIMX P AIMX
2021-12-03T10:43:14.283 GBX 23.045 147000 33876.15 Off-Book AIMX P AIMX
2021-12-03T10:41:22.280 GBX 23.4 213628 49988.952 Off-Book AIMX P AIMX
2021-12-03T10:32:07.227 GBX 23.04 380504 87668.1216 Off-Book AIMX P AIMX
2021-12-03T10:30:09.783 GBX 22.826 276465 63105.9009 Off-Book AIMX P AIMX
2021-12-03T10:29:23.530 GBX 23.05 61956 14280.858 Off-Book AIMX P AIMX
GLA

0.06p in the spread - they want shares
Think a bigger kipper just landed
GLA - we leave the harbour

Seems to me EUA are in a queue releasing news. Hopefully saving the best till last!
GLA

Interesting tweet/thread
GMF78
@GMF782
Big update from Russia today that the state are supporting #nornickel with their #copper upgrades at Kola plant. All the pennies starting to fall into place for the region as it becomes a mining powerhouse. Good news for other firms in the region #EUA

https://erdc.ru/news/krdv-i-nornikel-dogovorilis-o-sotrudnichestve-v-realizatsii-investproektov-v-arktike-i-na-dalnem-vos/

https://mobile.twitter.com/GMF782/status/1466494134655594500
GLA

In my 20’s i worked in the woods as a lumberjack
just couldn’t hack it, so they gave me the ax

Early Christmas work lunch - steak and chips - very festive!
Now if Santa is kind and brings mega news maybe next year Norway will be donating 2 trees - 20ft may be too 'shortly'
GLA

Hi Tilly, been out all day - nothing of note in the trades
Don't think we will see any kippers as these 3 trades were on the medium.
02/12/21 11:56 347,787 23.00 22.50 23.50 £79,991.01 Unknown
02/12/21 10:47 242,382 23.00 22.50 23.50 £55,747.86 Unknown
02/12/21 08:38 50,000 23.00 22.50 23.50 £11,500.00 Unknown
GLA

Agree but it is what it is and I am sure the bod are frustrated that nothing significant can be said yet.
GLA