Member Info for chris137

Show me where it says you have to be a holder to post here? Instead of having a go at me, spend your time looking into Veles.

I have no gripes with anyone here, decent company. To me, this has now changed from investing to gambling and the risk/reward ratio has changed. That's all.

That is a totally different Alexei.

There are no links between the two companies.

https://veles-international.com

The answers to your questions are all on that website.

CAW, it depends who bought them.

It would be a nice way to get shares out of the FSP and sold.

Hypthetically someone could sell them to themselves and then sell them anonymously on the market.

No worries. I got them for under 3p, that was a bargain price.

You need £2.50 to get the same return. Good luck, hope you get it.

"The Company notes that the acquisition by Veles evidences interest in Eurasia among institutional shareholders. Veles is a well-established and one of the oldest professional institutional investors in Russia."

Veles International are 25 years old. We forget Russia is a young country. This is not Coutts we are dealing with.

From the documentation on their website, they have cash reserves of USD17million. Would they spend so much of that on EUA shares? Also from their website, they are VERY risk averse. They also don't appear to hold any shares themselves. They are not an II.

They do, however, specialise in transfers and brokering deals for others, in a discreet manner.

Alexei sold 27,400,000 shares. Exactly 0.993% of the company. Why just under 1%?

I don't think Veles bought these shares themselves, so who did and where are they now? Are they dripping into the market?

Another thing of concern was peoples inability to understand "confirming West Kytlim's position as the world's largest operation of this type" in the DFS. This does not mean much, West Kytlim was previously the largest ALLUVIAL PGM mine in the world. Those of you looking at Mogalakwena and thinking we are larger are idiots.

Too many dodgy looking goings on here so I took my profits and walked the plank this morning, whilst we await further clarification of this.

They had a total of $17m in cash reserves in 2018 and 2019, according to their documents on there.

They also don't seem to hold stock themselves but act as brokers.

Has anyone else looked into what Veles Int and Veles Capital do and how much money they have?

https://veles-international.com

Punctuated? One full stop!!

Was it BlackRock that got it in at 38p?

I am 100% certain that a sale will be more than the current SP, hence why I've been in for well over a year.

I am not 100% certain of a sale happening, in which case I average down, if possible and wait.

That's all I know and until the end I will ignore all the weird valuations.

Gecko, I didn't say everyone. I said any one with any sense.

Anybody sat on a ten bag, in a year, on an AIM tiddler, that hasn't at least, taken out their capital is a bit foolish.

Depends how it happened.

Veles either called Alex up with an offer out of the blue.

Or Alex had to pay a bill owed to Veles in a hurry.

(I have no knowledge, I've just been considering how such a scenario could occur quite so , seemingly, rapidly.)

Gecko & Gary,

Why are you giving strangers on the internet any kind of adulation and/or putting them on a pedestal? Anybody can make up mad figures that promise you that you'll be rich. These are the people to be most wary of.

Anyone with any sense in this share, has been holding since <3p, already has sold some for a profit and can now sit back posting wild valuations on here. Absolutely risk free. The ones lapping it up, buying in at 25p+ are practically begging to lose money.

Monty does not owe any of you an explanation or anything. If he wants to sell, he sells.

Investing is not a team sport.

Where is all the indefinite accumulation accumulation coming from?

I was surprised to see Alex's shares were sold off market, as they would have explained some of the accumulation.

The 4 stars rhyme with duck, for anyone interested.

It will all end badly for some but it's been fun to watch.

One of the "kids" saw his shares rise to $50m yesterday. He's just lost $14m in a single day.

He seems to know that as soon as he sells the game is pretty much over for everyone.

https://www.reddit.com/user/deep****ingvalue

No worries, fella.

It literally takes 30 seconds to check such things and more people should do so.

Robert1971, do you know what surnames are?

Alexey Gnedovskiy & Dmitry Bugaenko are on the board of Veles.

ALEXEI CHURAKOV & DMITRY SUSCHOV are at Eurasia.

Stop posting absolute garbage as facts.

Have you not noticed the many employee share options that have been taken up in the last 10 months?