The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The interested party that has now completed their due dilligence must have proposed a ball park price that was of interest to the BoD to take over most of Eurasia’s assets. Otherwise the DD would have never been initiated in the first place plus whatever it has cost the potential buyer. With other companies now sniffing around too can they afford to sit on their hands and have the rug pulled from under their feet....
There was something mentioned in a previous RNS earlier this year along the lines of the BoD executing their plan this year
They’re not going to release the ins and outs of a ducks a**e as most wouldn’t understand it anyway and could be misinterpreted. Summarising in layman’s terms makes far more sense and I think they’ve included everything they need to.
Just a thought regarding the next RNS - a couple of major RNS‘s in the last few months have been released after hours in a Friday to give to shareholders the weekend to digest. If the next RNS is the mining plan and sales progress / finalisation then it may well be put out on a Friday too if there’s a lot to digest like you’d expect
The person who just threw £319k in for 1.1 million shares doesn’t have that kind of money from making stupid punts, neither did the ii’s who bought in to the placing a at no discount and DLA Piper & UBS, possibly CITIC haven’t hung around this long for a few million in the off chance a deal is done.
Some absolute s***e being waffled on here today and for the last few months but good to see a decent jump up although nowhere near the sp should be.
Pat on the back to all those that have held their nerve through suspension and the two 50% drops in half an hour since October 2019. Had a few false starts but hopefully this is the beginning of the finale the genuine holders have been waiting for.
As always hope the s**t spreaders get what they’ve always deserved here and lose the lot going short, too simple to learn from the lesson JUB got taught.
Saxonaxe - people were saying the last stretch before the Rosgeo JV which nobody in here saw coming. Nobody on here has any idea how long this will take. Anyone that been in Eurasia over 12 months should know that by now or they’re kidding themselves.
Eurasia is now a far bigger monster than it was when this all started in October 2019, but nobody has a clue when we’ll get sales news. There was an RNS in Q1 of this year that stated it was taking longer than even the BoD expected.....and still here we are.
Not disputing the prospects are better than ever but saying ‘this is the final bend in the race’ is speculation
Bignath - we’ve had updates on resource with the WK 40 odd percent more than first though and Rosgeo JV and the sp has continued to decline Since the start of the year. It’s been nothing but good news but it seems the only catalyst for a decent rise will be the offer being put forward to shareholders.
Lancerman - I’m not talking about just WK I’m asking about all licenses, but you knew that and didn’t have the answer so you just spun it for WK. You’re not as clever as you are trying to convince everyone.
I’ll say it again that most people here are on the same team and are confident of a decent outcome, there’s just some that won’t allow any questions to be asked.
My posting history speaks for itself, I’ve always been positive here.
Saxonaxe - you completely missed the point of my post earlier. Unlike you I’m not a dog chasing passing cars for likes on here.
I made no mention of distrust of the BoD, quite the opposite when I said they have the support of DLA Piper so I won’t be selling, I’ll keep adding as I have done since October 19. I just don’t sit on here everyday expecting the 7am RNS.
Don’t come on your period because my opinion differs from yours
In fairness Lowbands I agree with your 21:39 post last night, I was saying something a long the same lines the other day.
It seems the only thing that will shift the sp north from here is a binding offer being announced in pounds / dollars. We’ve has resource upgrade etc this year and yet the sp has been kicked around the low 20’s for most of the year.
I don’t doubt the resource Eurasia hold and the fact I’d have bought in at full price along the way is brilliant, a long with DLA Piper and UBS joining the BoD to maximise shareholder value.
But after 22 months of progress I think it’s fair to tell us shareholders some kind of ball park figure now the FSP is over.
People can see their a**e over my comment I couldn’t really give two hoots, I’ve had money wrapped up here through suspension when I couldn’t touch a bean, seen the price drop 50% in half an hour a couple of time and still not sold any, I’m just saying what a lot will be thinking
Rooster - you’re telling me nothing I don’t already know, had my money in here when Dmitry said it on the Proactive interview, but how long can ‘we won’t be rushed‘ be used as a caveat? The company has since gone through an FSP under the guidance of DLA Piper and UBS in which multiple offers were put forward under NDA.
EUA are no longer in the FSP, give us some definitive figure is what I’d like to see and seem reasonable. Might just be me but I don’t think it’s asking too much.
Anyway you seem to be missing the fact we appear to be on the same side and are pushing for an argument which you won’t get from me on here.
Best of luck
Best of luck.