Member Info for Crabby08

I feel if Eurasia was going to be sold for a couple of billion the NN and maybe Anglo would have swallowed them up and took a chance on less due diligence as they have an idea of they area, in order to take it off the market from competitors especially considering a couple of billion is either here nor there for these companies.

The fact the MT flanks has since been issued, WK flanks pending and an FSP was initiated tells me it’s going for a lot more.

Eurasia didn’t enter and FSP from a scratch, this all started October 2019 so factor that in.

Also in the January RNS it states the sales process was taking longer than expected due to complexity, Covid etc so the BoD didn’t seem to think it would take this long either...

Just to remind everyone that even though the sp dropped a few percent yesterday, someone was willing to throw £341k at Eurasia @ 27.3p. Not really loose change that is it and even more so considering 9 months ago Eurasia was suspended at a quarter of that share price at 7p. These are the indicators that should leave you reassured about your investment along with the quality of the BoD, UBS & CITIC getting involved on a success fee basis.

The company is in the best position it has ever been in and it hasn’t even shown all it’s card yet...

Rhodium back up to $27,000oz and Palladium at $2640oz, looking positive!

Not really optimist, the BoD sometimes keep information under their hat for longer than we’d like but they have always delivered so far. They have more at stake than any of us, they’re not going to f**k this up now.

Onasis - where have you got this information from please?

This dips nothing unusual in my eyes, I only expect a sharp rise when sale news lands to be honest after the reaction from the last few RNS’s. Yesterday’s RNS just reaffirms:
- everything is going to plan
- more resource at WK than expected
- company is streamlined in its operations
- ii’s are onboard
- company is conscious about the environment and proactively working to minimise long term effects of mining.
- negotiation continues to progress

I don’t think so Belstaff, just a positive update highlighting more resource than previously thought at WK.

Rorydinho - I presume you mean EUA will be more desirable to NN? If worst case the mines were decommissioned NN would no doubt want to make up the shortfall ASAP and they do have $27billion to spend over the next 10 years. I think this could up the ante of the FSP to some tune IF the mines were decommissioned. Not saying they will just speculating ...

The BOD’s way of telling us a sale is on, including WK?

What’ve we done to deserve Calamari and HappyScot on the same morning.

HappyScot I’m surprised you come back here after the Alexei fiasco, you really showed what an a**ehole you are laughing at people when it dropped yet you claim to be invested. Absolute lemon of a human being

Brace anyone trying to trade Eurasia now. That WK update came out the blue at 3:55pm yesterday, it’s anyone’s guess when an offer will be RNS’d, any time any day

You have a lot of money invested here but you’ve repeated 4 time that if it doesn’t fly this morning there’s something seriously wrong.....pull the other one. Sounds like you’re shooting yourself in the foot to me

Agree buyontop. Not bothered about a spike today, a steady 5% a day for the next couple of weeks would be preferred like last November

Explain the facts why there’s something very wrong Denby, you’ve said it 4 times already this morning with no justification?

It definitely doesn’t. I hope it does but you’re just trying to I still doubt if it doesn’t rocket.

Move on

The market didn’t respond much in Jan when the RNS stated Multiple non-binding offer, yet we’re all still here.

I expect if it doesn’t fly today then Denby will sell and move on as he will assume something is very wrong....

Denby*

UBS, CITIC @ DLA Piper all round the table advising on a sale and Denny by himself has worked out that if this doesn’t fly today there’s something very wrong.......someone ring Keith up and tell him they need to bin the advisors!

More than I thought it would be before today’s RNS