Member Info for ChessGambiteer

Troagen....You obviously don't understand that there have been numerous Nato expansions East with countries like Poland, Latvia,Lithuania, Estonia, Bulgaria, etc and that is the expansion that concerns Russia, with Ukraine being the Red Line, hence the nvasion before they joined Nato.

Nato agreed not to expand East in 89/90 and Russia agreed not to expand West.

Russia kept their side of the deal - Nato Didn't !

That's the underlying cause of the war along with the suppression & attacks on the 7 million Russians living in the East of Ukraine by the Ukrainian Army.

Yes, you are a very strange,warped, depraved , sick man who Trolls this board with incessant negative derogatory bile in a sick attempt to goad & torment genuine Eua Shareholders, who have suffered almost 4 terrible years because of the war in Ukraine. That's the actions of one sick, depraved man !

You have no vested interest in the company, you hate the company & detest the board of directors and you have trolled this share negatively almost 30,000 times.

Thats the behaviour of a Weird Freak with Serious Mental Issues !

Dietch.....Don't worry about all your spelling mistakes in any of posts ( and there is a lot) Spikey is fine with all your spelling mistakes, but he draws a line at putting an a in Palestinian instead of an e !

He simply cannot tolerate such a spelling mistake and rightly calls it out but all your misspellings are absolutely fine with Spikey so no need to excuse yourself 👍

Yes, we are posting using mobiles and yes the keyboard is small and thumbs often press numerous keys at the same time with predictive texts often also kicking in but Do Not, I repeat, Do NOT put an a in Pal'a'stinian where the e should be unless your name is Ditech, then its absolutely fine with Spikey 🤣😂😅

What a Pathetic, 'Pedantic', Hypocrite this Sad, Depraved Creature named Spikey really is !

Dietch....You assume I do not know the history but I nost certainly do and I know that the Israelites were present there thousands of years ago but that historical fact does not give Jews the right to confiscate all Palastinian lands and put the entire population in 2 open air prisons and under Israeli occupation.

The Romans were present here in Britain a few thousand years ago too but they have no right to come here now, take our country, occupy us and put us in open air prisons as the Israelis have done in recent years to the Palastinians so your talking rubbish and I am an expert on history, especially military history, so I don't need you telling me to learn history.

Dietch......How can you possibly say the Palastinians & Israelis are the same and as bad as each other....The Palastinians were living peacefully, then 70 years ago the Israelis landed, kicked them out of their homes at gunpoint, killed hundreds of thousands, claimed their lands and put the entire population in an open prison to which they still live today courtesy of their cruel occupier !

How you think this is the same just because some Palastinians decided to fight back to regain their lost country is unbelievable !

Dietch....You want some examples....Well we call Palastinians Terrorists ..Not Freedom Fighters, even though they are an occupied & suppressed people fighting to recover their lands that have been forcibly taken from them but we don't call the Israelis Terrorists, yet they have brought 70 years of Terror , Genocide & Slaughter to the poor defenceless Palastinian people.

A few years ago we were told many times that Ukraine was winning the war and Russia had ran out of ammunition & men, seems that was another big western lie.

We were told Iraq had Weapons of Mass Destruction to justify killing millions of them but turns out they never had any.

I wont mention the British State News Agency who edit the news to their own needs and make their own stories of it up and are now being sued by DT.

Would like some more examples or will that suffice ?

He Never Stood up to Netanyahu ???

Nobodies bothered what Zelensky says, no one listens to his nonsense, he's simply trying to drag the war out until the next US administration by pretending he's working towards peace without actually working towards peace, he's hoping to hold out until the Biden Brigade get in again but Trump will not allow Zelensky to stall that long.

Z will get the put up or shut up and Good Luck yr on yr own now at some point from Trump.

This could happen anytime, Trump can turn & change tack on a sixpence and I suspect his patience is wearing very thin with this European war that has nothing whatsoever to do with America.

The vessel was 'Stateless' and it was legally seized as a sanctioned vessel.

The Ship is a Sanctioned Ship with links to Venezuela . The US have been following it for 2 weeks, it was flying a Guatemala flag first and then changed to a Russian Flag.

I don't believe its an attack against Putin from Trump, its just the US enforcing law on a sanctioned Ghost Ship.

By Oak Securities, nothing we don't know but worth a read and has new price target.

The rational & meaningful valuation can be taken from the recent $100/200mln Sale of less than 0.5% of Eua's assets. Its reasonable to base the value of the other 99% on that sale even though WK was the inferior asset, not having infrastructure or state support.

So $100/200mln (WK) x 300 ( other assets) = 💰 💰 💰A Life/Changing Sum for many holders even with a steep discount applied to get the sale through we are talking Billions !

No one can argue that WK sold for between $100/200mln ( depending on discounts/taxes imposed) and the other assets are 300 times WK so its fair & reasonable to expect a similar price will be paid but without the 60% Discount.

Its a huge and incalculable amount for a company with a £100mln mkt cp and many holders will be able to retire on the sale of the other 99% after the war ends.

No one can fault DS's commitment & belief in Eua's assets !

One only has to look at his huge shareholding here, its off the scale for AIM or FTSE Directors to hold such a large percentage.

Most of the time, Directors hold less than 1% , DS had around 25% of Eua through himself and his holding company and he hasn't sold a share yet even as his country went to war and the future looked bleak back 22/23 & 24 .

So just because he has an enormous shareholding here and was a Director it doesnt mean he should take up 100% of a placing , no Directors do that, its just silly to make such naive statements, we do not know his financial circumstances, business commitments, current ventures - so to say he should take up 100% of a placing in a company where he was once a director but is now only awaiting a sale is ridiculous .

The man is an entrepreneur, business man and has his fingers in many pies, he's ploughed millions into Eua and will be busying himself with other ventures now and simply awaiting the end of the war to get a sale through like the rest of us.

There are thousands of good listed companies that make profits & pay dividends yet the Directors only hold small 1/2% and do not take up 100% of any capital raise. In fact, I have never heard where a Director or Ex Director takes anything like 100% of a placing, especially when the said Director already holds around 25% of the shares.

Its just the usual stupid talk from the Resident Troll trying to get a raise from Eua holders to satisfy his twisted, warped, pathetic hobby of Trolling the Eua Board.

The upshot is someone has paid between $100mln/$200mln ( depending on tax/discounts applied) for WK so its not at all unreasonable to expect a similar valuation for the much superior, state supoorted 99% assets that have infrastructure, which would return Billions to shareholders. This is the bigger picture, the pawn (WK) has been sacrificed for the Jewel in the Crown. Naturally, capital is required to ensure the minimum conditions are met on the 99% and that they are sale ready at the end of the war so funds were required. Its that simple.

I hear some say a placing would've been better but that would then require also money to keep the loss making WK going, so perhaps $20mln placing, was there appetite for a placing during a time of geopolitical unstableness in Russia with larger investors , we don't know ? So we have to look at the bigger picture and maintain focus on achieving the goal and trust the Bod to make the best decisions possible for shareholders ( of which they are by far the largest ) during these difficult times , which will ultimately bring in the Billions for shareholders

Sure CS is not the best Ceo - Geologists never are but who cares as long as a sale for X Billions lands after the war 💰 💰 💰 Even with a 95% haircut, the other assets are worth around $2.7Billion based on the WK sale so the payback here is life-changing for many with or without the 60% discount !

Del, they have no money, thats why they are selling WK. They don't have the funds to keep it going nor do they have the funds to keep MT going so if they can't keep them going, they may lose the licenses so regardless of all your concerns, which are valid, WK is to be sacrificed for the greater good of the other 99% of assets so that they are maintained and saleable after the war.

Ita that simple, if you want them to run out of cash and not be able to maintain the minimum commitments putting the licenses in jeopardy then vote no but it doesnt seem like a smart move for your investment.

What Len means is that say there was a 60% Discount applied, ( which we don't actually know) but it is possible- then the buyer would only pay 40% of the $250mln valuation, the discount not being actually paid. So he implies the buyer paid $90mln for WK.

Unfortunately we do not have the haircut details but its not uncommon for a 60% discount to be applied on the statutory valuation as well as the 35% tax on the pre-discounted $250mln.

Either way, even if the buyer did pay $90mln ( of which we do not know) then the figure on the other 99.7% based on a similar sale is still beyond comprehension and even if steeply discounted to get a sale through - would be in the Billions.

We are not privy to the amount of tax or discount applied to WK but we know its around 95%, exactly how they arrive at this 95% varies by region but its not a straight 95% tax paid to the government in cash- rather a combination of tax & discounts applied to deter western companies taking money out of Russia during difficult war times.

Most importantly, this Russian Haircut will not apply to Eua's 99% as they will only be sold after the war ends and sanctions are lifted.

Thats when many Eua shareholders will recieve a life- changing sum for their patience 💰

Chump, its not a personal act against Eua, its a government policy imposed in a time of war against all western companies selling assets in Russia to stop money flowing out of the country during these war times and in part,retribution for the 30,000 sanctions imposed on Russia by the West.

I'm sure Eua do indeed have a good working relationship with the Russian Governent but they are not above Russian Law and cannot expect to be treated as an exception during war times.

The exact tax figure or forced discount/s imposed on the asset by the Russian Government has not been stated but we know that the haircut is currently around 95% - so to recieve $9mln, the gross sale value had to be somwhere around $200mln or a just under !

So if someone has paid around $200mln for WK, what can we expect someone pay for the other 99/7%.

The thought alone is absolutely mind-boggling and incaluable, even it the 99% is sold at a steep discount, we are still talking $Billions.

If they asset sold for $9mln then Eua would have recieved around $450/500k.