Member Info for Crabby08

Kira - I get your point but you’re alluding to NN being nailed on for buying Eurasia when the RNS states multiple interested parties and multiple non-binding offers. If NN were nailed on and in bed with Putin they’d have kept Eurasia in a head lock, not approved the flanks or the WK DFS and made life all round difficult for Eurasia, I don’t think we’d have got this far.

I’d say considering this is the only opportunity of its kind and size in the world right now, keep an open mind as if the other big hitters want in, Putin would be shooting himself in the foot by not letting them as other opportunities for foreign investments in the future could be ruined.

P.s. forgot to add that there’s been quite a few instances where we’ve been somewhat left here hanging for news: new nomad, suspension, DFS which has tested our patience. However on the flip side the BoD have always come through and took this to a new level.

I’ve no doubt this will be the same, patience will pay...

Ian - put me down for 18th Feb as well please, not had a go for a while.

Certainly hope we have an offer for shareholders this month, surely the timescale moving from non-binding to binding offers has got to be capped in the interest of all stakeholders, it can’t continue open ended as it sounds quite loose for an FSP?

During this period the remaining buyers at the table have already put there non-binding offers forward so they’ve completed due diligence and it’s the final rounds of bidding is how I see it. Every day that passes is costing all stake holders money and resource, which the buyer will get back but the other interested parties won’t, there’s got to be some pressure to get this finalised now surely.

I think they’ve done it on purpose to prove 1307 wrong again haha. Every single time he posts!

1307 - do us all a favour and say the sale RNS won’t land tomorrow and won’t be over £5 please....

By lower FSP do you mean shorter time period or lower sale price Parsely?

If a lower sales price how do you work that out? You alluding to the share price dropping is because the lower the sp goes, the more metal under Eurasia permits disappears? Only way I can see the price going lower, because PGM prices keep heading North

Agree Dore, it'd be impossible to work out a deal with the constant change in PGM prices as a small change either way on any PGM will make a huge difference to the price overall considering the amount Eurasia has, it would forever be a moving target.

An price and quantity per PGM and other metals must have been agreed by the BoD and buyer(s) already in order for them to have received multiple offers

I really hope we get some new today!

Watch this Parsely it’s all there you just can’t seem to absorb it, same with all the RNS’s of the last 12 months.

https://youtu.be/d_YMY6yiMDE

You stick to your 10p posts while sniffing Tiger, 1307’s, Tom Winnifirth’s back end, there’s a good little doggy.

Montmuzard - brilliant post made up of proper substance and valid points, all the things you don’t see from 1307, Parsley & Tigerbythetail plus others. No point even entertaining these accounts any longer their agendas are clear and they’re don’t see Eurasia as an investible share, yet some are on this board everyday.

The genuine holders know why they’re here, UBS, CITIC & DLA PIPER know why they’re here, I have full confidence the BoD are steering this ship in exactly the right direction to ‘maximise shareholder value’ by ‘progressing to binding offers’.

Seeing MM games a lot the last couple of weeks after none for a while which makes me think we’re on the brink of the deal being announced. Good luck buying at 22p before then, you’ll be lucky to get in at £1.22 when news drops

Few buys on the bell around £50k showing already

1307 - you mean like you said last Thursday:

RE: Stop losses04 Feb 2021 08:06
Sold at 27.5, will re-buy at 22 later today

It says in the RNS a month ago why the deal is taking longer than expected:
- Covid
- multiple interested parties from a wide range of backgrounds
- complexity of the deals /offers

The RNS that came 4 weeks tomorrow stated multiple binding offers that were being progressed to binding - of the buyer(s) has made non-binding offers they knew what resource they were offering on.

If the DFS approval wasn’t the gating factor to moving to binding offers then surely it can’t be much longer. It’s just a matter of each bidder confirming they’ve put the final bid forward. Due diligence has been going on for almost 18 months from what we know so everyone has had the info for a while.

Aubrey - Id already started buying prior to the interview so I know how many multiples this has increased, and every time we get proper updates I think the sales will be a few multiples of where we are now at least.

- only PGM opportunity of its kind and size on the market
- infrastructure close by
- top drawer BoD and advisor engaged to maximise shareholder value
- PGM prices rising and forecast to continue north for the foreseeable

The only downside to this whole situation is that it’s taking longer than everyone expected, so what, still making more than it would on a savings account, wait it out

Tricky - yes he brushes the ‘no sale can be guaranteed’ caveat off as a formality by the Nomad not by Eurasia. His confidence in what he’s talking about 17 months ago when the interview was put out, makes me think the size of this deal must be colossal to take so long. Maybe the deal taking longer is a play by the BoD as PGM prices keep increasing, who knows.

He says even back then there were multiple interested parties and it’s incredible how everything he talks about has come to fruition and even exceeded expectation as UBS wasn’t onboard at the time negotiating on Eurasia’s behalf, plus flanks hadn’t been approved yet.

Negotiations haven’t been going on for 17 months for Eurasia to sell for 50p, pounds not pence I think realistically.

No need to ramp. Watch the Dmitry interview from October 2019, it’s playing out exactly as Dmitry said it would.

https://youtu.be/d_YMY6yiMDE

Broken record you’ve been saying that every day since last Wednesday, and as usual you’ve been wrong every day...

Parsley - cant make sense what you wrote but to put it politely, it sounds like a load of s**g as usual

Looks like a 945,000 share short closing...

Onasis - Where’s that paragraph please?