Member Info for Crabby08

Back up plan would be activate Sinosteel contract for MT. there is an RNS where CS states MT could be taken to production quickly.

Open to ideas but for me the BoD have all angle covered and are firmly in the driving seat. The best BoD with the best advisors, best assets that’s are currently at the highest they’ve been and demand has never been higher.

Only thing we would like is for it to have been wrapped up yesterday but it’ll take as long as it takes...

It’s not taken 18 months for Eurasia, with the advise of UBS, CITIC & DLA Piper to decide not to sell.

DLA Piper will be being paid good money and UBS & CITIC will have assigned the appropriate resource for the last 9 & 18 months respectively to ensure this happens. With them both working on a success fee basis they don’t stand to gain much if a deal doesn’t happen, equally it doesn’t bode well for their M&A reputation if they don’t make this happen.

Ian - Put me down for tomorrow please for sales news RNS.

Thanks

About time we saw a run and new all time high, it’s been a while...

27.75p in a dummy sell. Be good to creep in to the 30’s this week but I won’t hold my breath

Billions - Russian mining authorities are obviously on board and happy with Eurasia’s situation as since being in a sales process they have approved the flanks application at MT, WKS DFS and no doubt will approve the WK flanks application.

CTC1988 - fees to UBS & CITIC wouldn’t as they’re working on a success fee basis so I believe they’d have walked away long before now if a deal wasn’t being finalised.

DLA Piper would need to be paid but personally I think they were only brought on board when reasonable offers started getting put forward, the same time UNS came on board.

I don’t see why the BoD would want a JV at MT when they have the Sinosteel contract on standby which would finance getting it up and running themselves and reel the rewards?

Plus if it was to be a JV at MT would it have needed UBS & CITIC to negotiate? I’m not so sure it would. Either way whatever happens the lump of cash will need to come from the buyer to cover the fees of UBS, CITIC and maybe DLA Piper indirectly...

Although if the sp blows over 29p before close I might start getting excited

Something a bit more substantial than the 3:20 RNS....I may of just had too much caffeine today.

Strange sp behavior this afternoon. I'm probably wrong but i've a gut feeling something could be about to happen....

Monkey - I’ve no idea to be honest it was just a thought that crossed my mind this morning, just speculating but you could argue as much chance as any other day.....who knows

Arsenalles - I actually thought similar this morning, wondering maybe after hours after the funeral had taken place. I don’t think there’s anything distasteful about it, more honouring Gary in my opinion

So after so long why would you now think it’ll Fall through? Absolutely nothing from RNS’s of the last 18 months points to a deal falling through, quite the opposite how I read it

Harris - It wasn’t advice it was a question? I think you’re telling porkies. I also started buying back in October 2019 (posting history validates) at 2.5p, was in the day the SP halved from 4p to 2p when the Dmitry Proactive interview went out. I’ve bought right up to 32p.

Hairy Harris - if you’re guessing no deal then why are you here now? Surely you’d wait for no deal and buy in a lot lower?

Start calling you window Harris because you’re so easy to see through

Genuine holders**

Some decent information posted backed upped by legitimate data by denying holders last night. Also the usual dog s**t posted by Tigerbythetail as usual.

Rhodium back up at $29k/oz by the way.

Surely that’ll just make tomorrow look like a decent rise if it hovers around 27/28 again. Don’t really get why they’ve done that

Just dropped to 26p