Member Info for CorunnaB

In normal circumstances I would be giving the same advice and do appreciate your concern and wise words.

Thanks for the response threeskins.

I thought that would be the case I just didn't want to get any kind of negative reputation with lenders if it was followed up and found out to be bs.

Hi all

Do we have anyone here who has experience in banking?

I am thinking of taking a personal loan to add extra shares to my account rather than wait around for other funds to free up. I do not need your advice on wether it's a good idea, I am well aware of the risks and I am happy to risk it knowing I may never come across an opportunity like this again. But where do I stand legally if the bank see the money go in to my stocks and shares account after saying it was for a vehicle for example?

I'm thinking as long as repayments are met they wouldn't be too bothered in reality but I am not sure so does anyone know more?

Cheers

Agreed Gaza.

I think we have a little while yet personally, but will be worth the wait. Its getting better all the time.

Taken from 22nd June RNS

Q1: Why is the company seeking further authority, given a large fundraising has just been undertaken?

It would be quite unusual to not seek authority and these resolutions are put to shareholders at every AGM. The Board considers the Company very well-funded and does not currently have specific intentions for a further fundraising, however, the Board asks that its members make that option available, for example, in case the Rosgeo Joint Venture development this year results in proving a resource higher than already released (104.6Moz Pt eq) and only if further funding will add value to Eurasia taking into account the implications of shareholder dilution, which the Board and management prefer to limit, being collectively the largest shareholders in Eurasia Mining.

We are on to something really quite special here.

Why are so many peoples sentiment switched so easily, abit of red and it's all over and abit of green and its £2.50 sale tomorrow.

The fundamentals have done nothing but improve and the bod have continued to deliver.

Where has all this "I was expecting more" come from? Why? The bod never hinted at anymore than a detailed mining plan but yet they also let us know flanks and nyud work is done and mining plan will be released and also mentioned significant progress with the strategic front.

The bod have done nothing but deliver time and time again, no pleasing some people. We have never been in such a good position and I am personally really looking forward to the next couple of months unfolding, plenty of news to come.

I know, just do not panic!

From memory I believe it is up to 25moz.

Nobody know for certain until DFS. I may be wrong and happy to be corrected.

From memory it was 15 Mt and then 25 flanks, giving us the 40moz potential.

I have had a good break from reading this board, I think it's best the most of you do the same.

This once good board has turned into a mental asylum, its time to admit this potential sale process has had the better of you and take a break.

I can't believe you actually all want to meet up in York for a drink. I could not think of a room I'd rather be in less, including those over crowded prison cells you see on Ross Kemp shows.

Roll on a good conclusion so everyone can move on, it's much needed.

Kopfkissen you are wasting your time, people will only take in what is rampy enough! Selective hearing (or reading) to fuel to the echo chamber.

I haven't read the posts from TBTT and don't really care to, I don't sit on here all day but reading this quickly and I don't understand the problem with Stork etc. I havent read everything as stated but if he or she is short then so what?

I'm long because I see a sale happening and if not I will get my money back and more in years to come. But of course the share price will crash if the FSP concludes unsuccessfully. Didn't we make about £49k last year off the top of my head and are priced at around £700m? If you think the FSP isn't priced in you are deluded.

Long term win win but short term disaster if no sale for sure. Time will tell who is right but falling out over different opinions of outcome is just insecure garbage.

I'm starting to come to the idea that a sale now would be selling ourselves way too short. I honestly don't know how to value what a fair sale would be now, i dont think it's possible. Unless it's a rediculous price it would be daylight robbery handing over this globally significant District. Major JV with Japan, accumulate over next few years and reap major rewards continuously for decades.

I don't know how others feel about this but its a different beast to what we had on sale July 1st 2020.

Yes I think the share price would be battered with this outcome short term but longterm this is by far the most lucrative. I suppose it all depends on if you need the money back shortly or can forget about it and how old you are.

I am so torn because I did enter EUA for the FSP, I'm part of the post suspension crew but since waking today, for the first time I'm not sure I want a sale.

"The Company's flagship asset is Monchetundra PGM and battery metals project near the town of Monchegorsk on Kola. The project hosts 1.9Moz PGM reserves and resources within the approved mining permit and a further 13Moz (according to the Russian Cadastre of Mines) in Eurasia's adjacent license. In addition, further predominantly open pit deposits exist in the Monchegorsk region and host 104.6Moz of Platinum equivalent Russian Code reserves and resources that are now part of the Rosgeo JV. This creates the basis for a *globally significant* combination of deposits to be developed as a new mining district alongside traditional PGM supply from South Africa and Norilsk regions that have to cope with various challenges posed by underground mining, legacy infrastructure, energy supply and environmental issues."

Are we trying strengthen our bargaining power because we aren't getting the offers in the region of the ACF report? Or has the game has changed since the additional 104moz and are now talking a different valuation completely?

I think that comment puts us back a little while longer. Not what anyone wants to hear but it's my opinion.

If we are officially already in round two bidding and have decided who is to be taken through then what are the advisors helping us decide? We would just be awaiting official bids, right? Well, we haven't recieved an official offer as it hasn't been RNS'd. So if advisors are still advising on strategic options and we haven't recieved a bid for them to advise on then to me that means we are still deciding who to take through into round two bidding and that is the bods way of telling us to slow down with expectations.

Time will tell but I think this means we are a little further off yet but still positive as it must mean we have alot of options to choose from.

It felt so real and took a good few seconds to realise it hadn't once I had woke up.

The price was £3, put me down for tomorrow if you read this please, Ian.

Cheers

It's open to enterpretation I agree, I see it slightly differently. Discussions to move toward binding to me would be discussing who's going into round 2. Like you said we will see soon enough.

The time line is on average 4-8 weeks for round 2 bidding. We weren't necessarily at round 2 bidding at the time of the RNS. They told us discussions were ongoing to move toward binding. That doesn't mean we were in round 2 bidding.

Eua advisers at that stage are probably still discussing and deciding between the best options to take into round 2 bidding from all the different offers and structures. This part could take weeks on its own due to the conplexity. I don't think it's fair to start the 4-8 week clock from that point. That isn't what they said.

I doubt it but I couldn't care less if it did, I'd just add. Im not selling (apart from the odd trade) for a good 5 years so dip to 5p would just be a gift.

We lose 5% a day for ages and its all market manipulation, we move 10% upwards and rns nailed on for dinner time lmao.

People wonder why the board gets the reputation it does for echo chamber ramping.

Quite a few people need to either sell or just have a break from the BB. Nothing new is posted on here it's the same regurgitated info day in day out with bitter arguments inbetween.

None of that is changing where the SP is going, stop being so frustrated blaming other people for your losses because I didnt see anyone thanking poster's when we were at 45p. Your money, your choice. But for God sake just have a break, turn it off and come back in a week.

This is just old man's Facebook. Handbags away.