Member Info for CAW1

Sorry wrong board!
GLA

THG, ASOS and BOO - quick trade potentially on bounce. All 3 crashed this morning for one reason or another. Not investment advice but if you have some dry powder and catch it right there should be some recovery IMO!
GLA - EUA the wait continues

To add LB, the additional shorts opening for peak will have been opened anywhere from 14 to 28 days prior, due to American reporting every 14 days on short positions so potentially opened at 8.5p to get it down to their target of 7p on the 31st
GLA

I hope they will be working overtime to get the accounts out on the 30th and call the AGM for the 25th July - well that’s my guess
GLA

Hi LB, Tilly and all. Cracking graphs LB and keep the info coming Tilly.
I think extra shorts thrown into the mix to hold SP at 7p until D day, the 31st and maybe BR needed to match small cap holdings with shorts to balance the sells and short buy outs to exit as if nothing happened - just some musing’s, as if!
Quad witching day Friday, don’t think will have much of a negative effect on EUA, may even give us a boost - due one!
Some bargains to be had out there, just need to judge turning point.
GLA

If it is anything like the AA it will be kicked down the line - If I recall correctly they had 3 before offer came out at the end of the 4th extension
The decline will be the general market and BR messing around - note what happens when they get involved and use it the knowledge gained in the future to IMO get out asap and back in once SP starts rising again after the fall.
GLA all - I hope the offer lands for you all on Thursday.

IMO - BR sold stock to get out of the exchange and used their shorts to buy that stock and close them at the same time.
Net gain - Zero movement
GLA

Hi Tilly and all, Thought we would get down to this level - great news.
Reason I believe is the US reports every 2 weeks to Ortex. So you could say it was the yanks shorting us, no surprise there.
https://public.ortex.com/ortex-short-interest-data/
Exchange Reported Numbers
In the US, stock exchanges only publish short interest data twice a month and this data is also delayed by eight trading days, leaving investors in the dark regarding daily short selling activity. In addition, in Europe, financial institutions are only required to flag to the local regulator whenever they go over or back under certain thresholds. This provides valuable and timely additional data but only on positions above the reporting threshold. ORTEX add these flags intra-day as soon as the regulator publishes them, aggregates an institution’s overall current short position and lists all the latest flags so users get an accurate idea of latest sentiment.
GLA

Hi Mac, 'All of the information is out there tbh!'
Not sure it is, can't find what assets are for sale anywhere - please share link
'significantly speed up our Russian assets sale process' for all I know it could well be the office chairs and desks!
As for AM, according to the EUA website he doesn't seem to be on the board although Companies House and RNS says he is - poor nearly 1month into INED role - he has also been MD of Japan office for c1 year so if he has been trying to find buyers of the assets, he is as slow as the rest of the board.
IMO his introduction could well be due to others leaving , find out when the AGM is called I suppose.
GLA - Holding up well considering the markets

Evening Gobig and all, not sure if you missed these
WK filed accounts
Richard Dugdale
@RichardDugdale3
#eurasiamining WK accounts filed revenue up +172% net profit +546% assets +57%
@eurasiamining
operations successful as they continue to ramp up production even making a profit whilst increasing spend allowing more growth
https://mobile.twitter.com/RichardDugdale3/status/1520756489765412865

NGT filed accounts
Richard Dugdale
@RichardDugdale3
#eurasiamining TGK account also out and show an asset increase of nearly £1m i wonder what they have bought at #EUA MT owning sub
https://mobile.twitter.com/RichardDugdale3/status/1521376296844017665

Why annual EUA accounts delayed, no idea!
GLA

How can there even be EUAv2 if as you posted, which to repost you must believe to be true. The nomad is saying Russia Assets will be sold. Has to be one or the other! or are you covering all basis.
'Conclusion: We look forward to Eurasia completing on the sale of its Russian assets in the relative near term and on the transformation of its business through the acquisition of new mineral assets outside of Russia.'
GLA

EUA hopefully will not exist so will never become a big company, is that not the point of his appointment. EUAv2 will hopefully grow but will again be a minnow for many years and again probably to be sold off if it ever gets started.
GLA

So in theory he should be at a big global company now having been headhunted - just doesn't add up that a high flyer in high profile jobs at Rosneft and Shell at the age of c40 then stops being a global high flyer IMO and that is all it is.
GLA

Not sure he is a squeaky clean as people believe and how do you know he was 'usually headhunted by the big firms' as that process is normally confidential.
Outstanding people do not get the sack!
'The Board considered that Mr. Chen Xinwei (“Mr. Chen”), the executive Director, would be more suitable to
act as the CEO to oversee all operations and business activities of the Group, in order to develop high
quality business strategies and plans in alignment with short-term and long-term objectives of the
Group. The Board then decided to terminate Mr. Matyushok as the CEO and appoint Mr. Chen as the
new CEO.'
http://iis.aastocks.com/20210923/9946676-0.PDF
GLA

Not allowed Pompal - only for LTH - need SP to crash to 0.2p to become one - one can dream, if only for 1 minute and then back to 43p in a flash!
GLA

Pompai - No doubt 3 weeks of slippage on the horizon!
GLA

There will be rules but they can probably do what they want - POG moving annual accounts cut off date and AGM notification yesterday. Granted different kettle of fish but shows what can be done.
https://www.lse.co.uk/rns/POG/change-of-accounting-reference-date-corp-update-3npgdqm9rh1mqfb.html
GLA

Hi Panino, we shall see - I believe yesterday was the last day to announce AGM in June.
Requirement I believe is notification day, then 21 days and then the day of the AGM which made it the 7th -- 2 clear days + 21days
GLA

I read the RNS as saying accounts are delayed and they hope to publish by end of June. When they are ready to be circulated the AGM will be called at the point of publication 21 days down the line - so IMO AGM will be at best mid July
GLA

8. 18 May; Artem Matyushok appointed as INED to speed up the sale process, change of wording from “Potential Sale” to “Our Russian assets sale process”

3 weeks ago now and still the EUA team website is not updated. Companies house is but it's **** poor if you ask me. It is not like Keith is busy replying to PI emails as I must have sent him about 10 over the last 2 years and not one response.
GLA