Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Tigerbythetail - no one bit of evidence to back up the speculation you posted about a corrupt AIM BoD and and the deal not happening.
You'd be better used writing kids story books, anything more than that and you don't t know what you're talking about
Darien - you obviously didn't read all my post. I was talking over an 18/19 month time frame since the sales process started in October 2019, think I mentioned it twice actually
Like I said, Eurasia sp 6600% up since Early October 2019.... Rhodium has gone from $5,000oz to $29,000oz in that time, Palladium has doubled. The fundamentals all point in the same direction, North.
Here's a few points about Eurasia:
- Is the company in the best financial position it has ever been in (mentioned in RNS)? - YES
- Does the company have access to approx 94moz of PGM's (mentioned in RNS)? - YES
- Are the BoD major shareholders? (And have taken shares in lieu of salaries) - YES
- Do the BoD have a proven track record in the mining, finance and legal sectors? - YES
- Are the best bank and legal firms money can buy advising Eurasia on the FSP? - YES
- Are PGM prices at an all time high? - YES
- Is the FSP taking longer than everyone (including the BoD) expected? - YES
- Have the BoD ever let shareholders down since the sales process was initiated in Oct 2019? - NO
- Is Eurasia the last non-consolidated Palladium play? - YES - plus platinum, rhodium, iridium, copper, gold, cobalt
- Do Eurasia have the lowest extraction costs due to being open pit resource? - YES
- Have Eurasia received multiple non-binding offer? - YES
- Has the share price settled 65 times higher than when the sales process was started in October 2019 - YES
Now all the worms can do their best to pick holes in the above, but there are no holes to pick. Most of those are factors of the last 18 months since October 2019, not the last week. Look longer term and you'd realise how far Eurasia has come in such a short space of time and how far it's going. None of the above have been exaggerated or manipulated to suit my agenda, all based on information released in RNS's.
So do all genuine holder a favour please, and F**k Off!
MadStork - you've admitted you're short here, you're not going to have anything good to say of course.
You're insinuating Eurasia is a pump and dump, under the watch and guidance of UBS & DLA Piper, 2 of the biggest banks and legal firms in the world. A pump and dump by a company now in bed with the Russian state.....how stupid does that sound....
indeed who knows....i'm not out for an argument I can't be a**ed to be honest.
I just didn't agree with what you were saying that the non-binding offers aren't in the right ball park for the BoD and there's as much chance the BoD are playing the long game. I think the BoD are proving to the market they can play the long game if needs be but that's not what they want. If they did then employing DLA Piper would be a huge waste of company finances and UBS aren't naive enough to be strung along and dropped at this point to walk away empty handed after 10 months.
Let's leave it at that.
First time since i've been here the BoD have pushed shareholders to vote in favour of the resolution of the EGM so can't but feel there's more to this one than meets the eye.
Completely agree in the high probability of a jaw dropper anytime again. BoD haven't let us down this far, they're not going to fall at the last hurdle whilst under the guidance of UBS and DLA Piper.
NDN71 - if the multiple non-binding offers weren't in the right ball park of the BoD's valuation, then they wouldn't be progressing them to binding would they? UBS would know the BoD's expectations are too high and there's no deal to be made, UBS would walk away, but that hasn't happened.
The 'grain' I mentioned is the positive outlook most have for the conclusion of the FSP. Not everyone is 'ramping to the max'. Especially not myself as the other day I mentioned anything over 50p is a bonus personally, but I think it will be far higher. You seem to declare anyone positive in this share as a ramper, when most are just positive about their investment.
Ndn71 - 'Some juvenile rampers have worked themselves into a frenzy with next to no justification'
I'd say there's quite a lot of justification considering January's RNS stated multiple non-binding offers being progressed to binding, plus the Rosgeo and Japan developments, plus the continued rise of PGM prices. Not like the BoD have been sat on their hands for over 3 months.
i wouldn't say they're all rampers, just excited and positive about their investment, if you weren't then why would you be here? You just seem to always want to go against the grain. If there's so much on this BB you try to contest i'm not sure why you spend your days here trying to fight it....I'd just forget about it personally but i'd say you like the drama.
I know we're all keen to find out where we stand, but UBS & CITIC must be keen to get this wrapped and squared up too.
Equally the potential buyers bidding have resource allocated to this with time and expense and i'm sure they want to know sooner than later too. Feels like it's been forever but it's got to conclude at some point. If there was no interest or the BoD we're demanding too much then the buyer(s) and UBS would have walked a long time ago and FSP ended & RNS'd.
With you there DavePenny! About time we got some indication of where we stand and what the plan is with the circa 100moz of PGM's Eurasia have access too.
I think sitting on our hands for 19 months during a sales process qualifies as patient.