Member Info for CHRI5P

Looks like someone a PI is building before the new results are out in a couple of weeks 2 100K and a 80K

On Barclays the price is 4 sell buy 6 at the moment could get 100k for 5.7 p should have waited a bit - I paid 6.25 on Monday

Tsbs1
Barclays still not changed my shares number but on their system you can only buy.

My ISA with Barclays is now valued at £9.5 million!
Just did a dummy run to buy 100,000 shares and the price was 6.8 p which would be .55 p more than I bought them for on Monday. So no massive fall yet- fingers crossed.

Hi BB
I would be angry if I was sitting on a 90% loss. From the RNS the sale of small shareholders shares is to accommodate the consolidation. So a one off but could happen again under a future consolidation. I do think people are reading too much into the consolidation and criticism LM for what is a sensible move for larger shareholders. After, 15th people will be able to buy £100 worth of shares if they want but if their holdings are less than £1,000 they be will sold on the market with no broker fee. This will reduce the number of shareholders and reduce costs and especially for instance if there is a rights issue coming. This will force shareholders to back the company and increase their holdings or sell out. It doesn't sound nice I agree but is due to reducing costs maybe so no 'dilution is required '.

When you see that you have made so much money people will sell some because they cannot afford not to especially in these uncertain times. The share price is holding well and will move forward again soon. I have noticed IG will not let you go short which suggests they think the risks are too great and that this share can still multi bag from here.

When I invested in Eua the first time the share was on the floor and the amount of ctiizem of the directors especially CS on web chats was huge. They kept raising money with convertible loans with interest rates or 10% and loads of dilution. However, the company had no choice. They got the licence, palladium went up and hopefully we will sell possible 200 times more than the price of my first purchase. I think Euz is similar but it might take time to get the licence in place and raise the funds or sell but if/when they do this will fly. Chris

Hi shed, Newbie, I have invested about 3/4's the amount in EUR that I invested in EUA. If or when I get a payout in EUA I will buy more EUZ. Chris

Apologise to other EUZ - shed are you in EUA and what a great RNS - do you see any similarly with Euz just a couple of years ahead? Chris

Shed I agree with you in the main and yes BB I expect the company has not given enough time/respect and due diligence to the Long-term shareholders. I am new to this share but not to AIM. I apologise if I have come across has disrespectful to long-term shareholders. I am looking forwards rather than backwards.
I have seen so called loans for mining companies but warrants are usually attached. I have also seen funding from selling the contract work in advance. Let's see. Chris

BB I do feel your pain of 10 years. However, I am with BriksSA when I think they said that they didn't realise the risks- AIM mining is the riskiest of all. I have a good friend who is a manager of a fund management company who invests in AIM shares and he says the company cannot risk clients money on AIM mining stock because it is pure dilution and speculation and any share can and will be diluted at anytime but usually just after good news because no one will lend to them. People should not invest in AIM mining shares unless they realise they could easily lose a lot of money.
BB you claim you have clear facts that 50% dilution is coming and you might be right. Even though LR has said to change their constitution to state a possible 50% dilution and state the conditions is part of the new AIM regulations rather than open ended like it is now. TRX this month diluted by 5 overnight not giving shareholders time to take part- EUZ will not be able to do this after the vote - LR claimed this was a positive move. LR also has said no dilution which I struggle to believe unless a rights issue is around the corner after good news. If I thought LR is telling porkies then I would not have invested and LTH's should sell. However, I am realistic and RNS/interviews don't always live up to what they claim but I am willing to take a punt because that is exactly what EUZ is.

Mokgone, the only reason for a full time CEO is if something is imminent because we can't afford one until that time comes which I hope is now.

BB I agree that nothing will happen until after the GM but uninvestable. Everyone knows that small mining/exploration companies always need new funds because they have no revenue until the commodity is sourced, licensed, dug up which can take decades so dilution is always a consideration. However, no news/updates in AIM is bad for the SP because the speculators move on. If and when good news comes this will fly because I think it is oversold for me the price to potential gain is very high but also I must admit is the risk. Chris

Barry I agree with you. However, my average is 0.0139 so I would be quids in if the options became exercised. Nevertheless, the directors giving themselves options above 0.018 shows they believe where the minimum price is at. I do understand why this is not really much comfort to LTH's especially if you have lost 90%. I have seen dozens of exploration/mining companies like this on AIM. The number of placements and amount of money raised over decades which Eurasia mining completed was huge, changing shareholders due to unhappy LTH's and encouraging new investors. I believed in Eurasia's asset and that was what really mattered in the end. Shareholders and directors come and go. However, this company has no debt so the company can't be taken over by the banks. So the main issues are dilution/time scale, the asset and at what stage you invested. I still believe this can be a multi-bagger but again it is all about what commodities can be proved and the cost to get them out of the ground. Chris

Shed a consolidation and reducing the shareholder numbers s makes a rights issue a more likely option now. 2 week ago it would have been a pipe dream. We need the amazing news first. Chris

Yes in a rights issue everyone can take part no dilution if you take up your share

Nerbie642 didn't LR say in any potential raise they would need to explain

Nerbie642 didn't LR say in any potential raise they would need to explain

Ziquarat
I am not stating the share will rise, stay the same all fall on consolidation- it will fall or rise on news or lack of it. You might be right that the news is already known to the company and LR knows this is the only way he can keep this company going with a dilution then this company is bust. I don't think 25% is something to wait for because this share is a punt on LR and the Asset which will either be wound up and was more likely before the RNS (it's just people understand the risks now) or will be a 20 bagger eventually but money will need to be raised it always does.

BB
A. From the beginning of year if you bought in you would have realised dilution might happen and LR actually says no dilution so it looks like a rights issue.
B. A month seems sensible due to some LTH's needing to either sell out or buy more.
C. Before the 50% announcement there was no limit so shares could be diluted by 5 times like at TRX. At least we now will have a maximum. This is also now a AIM requirement

My own view is with some good news the company could move to a £4 million company and follow that with a 1 for 2 rights issue raising money through offering shares at a lower price for existing shareholders- the consolidation and fewer shareholders on the register will make this cheaper.