Member Info for CAW1

Don't think so Kira, ball is now in the court for some one to raise offer on whole company or IMO they will split and sell in one process to be voted through in June AGM. IMO news by end of May to vote in June AGM. Hence the timing of the EGM.
Not 100% sure but I don't think a shareholder vote is required to spin-off into 2 parts
GLA

Oldspursfan, I think Eurasia have the 9 new mines under themselves so would need to split with the subsidiary holding MT licence to make a Kola district.
GLA

Is it not the same
FSP - whole company
FSP - spin off into 2 companies and sell 2 or keep one sell the one
UBS/Piper get paid either way IMO
GLA

JT yes, I think more to come to balance off
2021-04-30T10:53:14.943 GBX 25.856 406456 105093.2634 Off-Book AIMX AMND P AIMX
2021-04-30T10:53:14.943 GBX 25.71 300000 77130 Off-Book AIMX AMND P AIMX
2021-04-30T10:53:14.943 GBX 25.45 200000 50900 Off-Book AIMX CANC P AIMX
2021-04-30T10:53:14.943 GBX 25.45 200000 50900 Off-Book AIMX AMND P AIMX
2021-04-30T10:53:14.943 GBX 25.4 100000 25400 Off-Book AIMX P AIMX
GLA

Aston, posted before but these are my thoughts
I am still sticking with this but who knows

I don't think 'ability to allot securities and demonstrate a capacity to develop the Kola PGM and battery metals district independently of other strategic options available to the Company benefits the Company and its Shareholders by improving Eurasia’s negotiating position' is anything to do with raising cash but the ability to allot shares and split the company in two. One being Eurasia with WK assets and the other Eurasia Japan with the Kola assets.
This would then allow both to be sold independently if required.
At present until the vote the only option is a full company sale of all assets. We could be in a situation where the some of parts is greater than the sum of the total.
We may be sitting on a offer for the whole company at x price however someone has offered y for Kola area and someone else z for WK area. Y+Z offers being greater than the full company offer.
Now the question being put to the company after the 'full company takeover ' is either raise your offer or we split the company and sell separately.
'Eurasia Japan' looks to me to being the subsidiary for the 'Kola' area and potential shares will be issue after the EGM 'pro rata' to current holdings at no cost to make a separate entity to allow the split and sale to two different companies if that is the route to go down to maximise shareholder value.
To do this 'Eurasia Japan' would be a completely separate company with separate Directors and IMO hence in the RNS Tamerian is now Head of it and 'Reputable members of Japan's business community related to PGM are in discussion to join Tamerlan at Eurasia Japan'
IMO it is all being set up to either get a better full company offer or split and sell both independently or just sell Kola and keep mining WK
GLA

To do with these JT
2021-04-30T10:53:14.943 GBX 25.71 300000 77130 Off-Book AIMX AMND P AIMX
2021-04-30T10:53:14.943 GBX 25.45 200000 50900 Off-Book AIMX CANC P AIMX
2021-04-30T10:53:14.943 GBX 25.45 200000 50900 Off-Book AIMX AMND P AIMX
2021-04-30T10:53:14.943 GBX 25.4 100000 25400 Off-Book AIMX P AIMX
Short closing I think
GLA

I still believe this to be the route
The Spin-Off
A spin-off occurs when an existing public company sells a part of its assets or distributes new shares in order to create a new independent company.
Often the new shares will be offered through a rights issue to existing shareholders before they are offered to new investors. A spin-off could indicate a company ready to take on a new challenge or one that is refocusing the activities of the main business.
How Is a Spinoff Done?
A corporation creates a spinoff by distributing 100% of its ownership interest in that business unit as a stock dividend to existing shareholders. It can also offer its existing shareholders a discount to exchange their shares in the parent company for shares of the spinoff. For example, an investor could exchange $100 of the parent’s stock for $110 of the spinoff’s stock. The spin off will have a separate management structure and a new name, but it will retain the same assets, intellectual property, and human resources. The parent company will continue to provide financial and technological support in most cases.
https://www.investopedia.com/terms/s/spinoff.asp
GLA

The 'risk' as you put it is the same as another company having a rights issue so not sure where you are coming from.
The resolution was a standard one that has been passed year on year.
GLA

https://mobile.twitter.com/EM_investor?s=11
GLA

Has changed from kitco prices to PMM linked to Johnson Matthey

http://www.platinum.matthey.com/

Optic not sure the EGM says it was to raise money. It was for the ability to issue shares.
IMO it is nothing to do with raising any cash. It could have been a simple way to see how the vote pans out to see what will happen in the next one or many others not involving raising cash but alotting shares
GLA

Atleast now news can drop any time, no periods of waiting/hoping for news but knowing it will not come until an an event rns’s happens like the last 2-3 weeks.
Your either in or out now or risk missing the boat imo
GLA

n Japan, the Red Cross Kumamoto Hospital and Toyota Motor Corporation (Toyota) have agreed to begin testing a FCEV mobile clinic, which will use hydrogen to generate electricity, by the summer of 2021.

The world’s first FCEV mobile clinic is being developed in Japan. Picture source: Toyota Motor Corporation
In addition to zero-emission treatment and transportation of patients, the Red Cross Kumamoto Hospital and Toyota believe that the FCEV mobile clinic could offer a wide range of services, including supplying electricity to blood donation buses and medical examination vehicles, travelling to less-populated areas as a mobile clinic and acting as a mobile COVID-19 polymerase chain reaction (PCR) testing vehicle.

What is more, it is thought that FCEV mobile clinics could assist when medical services are needed in disaster-affected areas, where they could also be used to provide emergency power to homes and evacuation centres.
https://platinuminvestment.com/about/60-seconds-in-platinum/2021/04/28#utm_source=Newsletter&utm_medium=email&utm_campaign=60%20Seconds%20in%20Platinum%2028%20April%202021
GLA

Japanese bit didn't work but you can get the jist of it
GLA

Japanese for - 'if you do a favour for somebody, you will get a return favour'
Done our bit now over to you BOD
GLA

In the BOD eyes just improved!
'The Directors are confident that the ability to allot securities and demonstrate a capacity to develop the Kola PGM and battery metals district independently of other strategic options available to the Company benefits the Company and its Shareholders by improving Eurasia’s negotiating position.'
GLA

If there was a vote required on sale etc then my understanding is that 4 weeks is required to announce AGM date so we should hear by latest end of May if we need to vote in AGM at end of June at worst.

IMO more news will come by the end of the week
GLA

Eurasia will update on Monchetundra, West Kytlim and other Eurasia matters as soon as practicable.

So they have updates but not 'practicable' at the moment, waiting for a specific time to update us and others update their shareholders maybe
At least it is not 'due course'!
GLA

Ragsrob, nice holding. Haven’t you been tempted to buy the missing 1787!
GLA

I think a 500k buy just landed on deck
Hotting up
GLA