Member Info for Crabby08

Haven’t**

Sentiment of the majority is nothing changed since prior to the AC episode and I’d agree! I think there’s been too much time and money invested in to this by those at the top all stakeholding companies.

Wouldn’t be surprised to see a dip first thing but I reckon the tide will turn this week. We’re in a better position fundamentally now than when the share price was in the 40’s.

GooD luck all, UBS & CITIC have put all the time and resource in to this to walk away empty handed. Sinosteel didn’t put the $150 million Loan facility in place for MT without doing their own due diligence either. All the right people are in the right positions to get this over the line now.

If hypothetically Chris & Montyboz’s are right in what they’re say, which I’m definitely not saying they are, since their opinions have changed then why still spend so much time on here to preach it? If you are right what are you going to do, just turn round and say ‘we told you all so?’.

Seems like a lot of times and effort to me if that’s the case and the ‘I told you so’ is the prize? I’ve not caught up with all messages but it looks like you’ve and other have been here all weekend and it doesn’t add up to me...

On a positive note it’s 3 weeks on Thursday since the last FSP update where we were told ‘ discussions regarding proceeding to binding proposals are continuing.’ The DFS has since been approved so all stakeholders have what they need if it was a hating factor for the sale. I would think some buyer(s) have already since throw their hat in the ring with their final proposal as the time limit for this being wrapped up has to be capped. The BoD, UBS & CITIC want paying.

The Alexei scenario has happened and that’s it. There’s no point dwelling on it any longer and regurgitating the same waffle. If you’re worried then sell, if you’re not, then hold or buy but keep repeating the same stuff isn’t helping anyone. It’s happened, the company hasn’t folded and there’s a sale being negotiated so there’s a lot more to be positive about than negative.

Here’s to a better week!

You’re just being stupid now. Shares don’t move if they’re suspended, but 99% move up and down daily.

Everyone that’s well researched knows this has taken longer than expected as licenses were being granted like MT flanks, the DFS etc and there’ll be more which makes EUA a moving target. But this has to wrap up sometime and the BoD have stated negotiations are in motion with a range of buyers which are being worked from non-binding to binding offers. It’s all there in the RNS. Your motives are clear and my comments defence information provided by official channels from the BoD.

Anyway that me for now, my views are clear and we’ll researched.

It will go lower next week and no doubt it’ll also go higher, every share listed on the stock market does that

MrBrown - so what you’re saying is UBS and CITIC only negotiate when the suns shining? I don’t think you know much about business in that case.

Read the RNS’s. Ground clearing is ongoing year round now, it’s no longer seasonal.

Mrbrown - I agree about the so being sentiment driven and AC transferring SOME of his shares at current market value (at the time) of 29p Didn’t do us any favours. However on the flip side an ii was will to take them at no discount.

The FSP isn’t as sentiment driven. It’s driven but buyer(s) wanting the assets that Eurasia have and UBS & CITIC (working on success fee basis, CITIC for 16 months I’ll add) negotiating the deal on the commodities that have risen in value since this started. The AC transferring his shares episode hasn’t affected the FSP as the day after the RNS from the BoD stated the following:

‘ The Company and its professional advisers continue to work on the Formal Sale Process as recently reported via RNS of 14 January 2021. The operations of the Company are ongoing with the DFS for West Kytlim formally approved as announced on 21 January 2021.’

Do whatever the charts my indicate, the RNS indicate the sale is going to happen and I’m pretty certain it will be for higher than the ACF report of 54p.

Zak Mir has stayed for more than the chart will hit 55p and it hasn’t happened, so I’d be cautious about hanging your hat on charts, because if the sales RNS lands on Monday morning you won’t be able to swap your chart for a a pack of fruit pastels.

Praiser - agree and in hindsight I don’t think anyone’s proud when they get pulled in to a slanging match with others on here but ultimately I’m just defending my investment from those turning up and posting lies.

MrBrown - I’d say there’s at 50/50 chance this will go down next week on no news but like praised said, you don’t know that, support seems to be around 24p the last couple of days. Personally I’d say from the information RNS’d. I think there’s an 80% chance we’ll get some news on binding offers in the next month personally, you may disagree. Hypothetically if people believe in the market and charts and sell Monday morning to buy in cheaper later down the line and the sales RNS lands lands Monday after hours for 50p, £1 or whatever then I’ve missed the opportunity that won’t come round again for a very long time and there’ll be no compensation. At this point if you believe in the company you’re either in or your out, if you’re out then you’re gambling on missing out. If it’s going to go lower why did multiple million+ delayed trades show up late on Thursday after market had closed? Also Veles are in the red since taking the shares at 29p, they are an ii, I’m sure they’ve not gambled £8million on a whim, they’ll know more than us.

Some may see my posts as Rammy, couldn’t care less. What I will say is they reference information that has been RNS’d which is the opposite to the dream per who just speculate and lie.

Praiser, lamstree - great posts, we’re on the same wavelength, keep up the good work!

Just skimmed through last night messages and it’s unbelievable the likes of Chris137, Montyboz, Parsley and Co who’ve admitted they sold out, hang around here until the early hours slating a share they are no longer invested in to tell us all how dodgy this all is now because an advisor sold part of his holding to and ii. When I sell up I move on and forget about that share yet they’re still here trying to save the rest of us, don’t think so. Couple of bad apples trying to spoil the cart.

UBS are still negotiating on behalf of Eurasia and the BoD hold far more shares than any of us so they have taken a bigger hit personally than any of us since Wednesday. This isn’t over by a long shot and nothing has changed. The assets are still in the ground of the last non consolidated palladium play and there’s plenty that want to take it over, so much so that offers have been made.

I took advantage of the drop and bought more. Other panicked and sold and have now turned bitter and don’t want to see others do well because of their own mistakes. Ask yourself why are they spending so much time on a weekend on a share they’re not invested in?

Some great posts by CAW, MAC, Alex, Tricky and others, keep up the good work. Not had an infestation of parasites like this for a while but I’ve no doubt we’ll prevail as always, we’ve seen worse through suspension etc.

24p is a kick in the nuts compared to the mid 40’s we saw in December but equally it’s still 3.5 x the suspension price we were at during suspension mid last year. Plus with the list of industry leading professional working on the BoD and advisors appointed such as DLA Piper, UBS, CITIC we couldn’t have a better crew working to maximise shareholder value as quoted from FSP RNS’s. Holding your nerve and patience will prevail with Eurasia, it has so far since the banks approached in October 19 to facilitate a deal and with commodities forecast to continue to rise for the foreseeable, i don’t seem a better place for my money. To say we’re sitting on a gold mine doesn’t even come close , Eurasia has far more than that - rhodium, palladium, platinum, iridium, copper, gold etc. It’s all there and with the miners looking to migrate from the South African mines due to infrastructure issues and Covid, Eurasia is the only option of its kind on the market. It could be the only option of it’s kind full stop.

I’m staying put, the ride isn’t over yet!

Anyway almost 1200 trades today and it's remained flat. The after hours buys should tell us a thing or two....

But the person that bought them all for £8million @ 29p was happy to take them and that’s not pocket change. Someone throwing that kind of money about this late in the game I would think knows what they’re doing.

Chris - are you going to share the interesting stuff about Veles you keep referencing ? Like I've said it's irrelevant to me who involved in Veles, they were willing to buy at full market price of 29p and expect to see some upside, good news.

Veles are irrelevant, they've taken slightly less than 1% of shares off an advisor that still holds most of his shares and has no intention of selling any more. Veles are hardly in a position to start a hostile takeover are they.

Chris - if you've sold up pat on the head and belly rub for you. You've told us all now and we're really really pleased for you, you don't have to keep telling us and fabricate holes in a share you're no longer invested.

The bottom line is Veles bought the share in one hit for 20% higher than where the SP is now. Chances are they know more than us so it's very reassuring for the rest of us.

J4ams - valid points, especially if Alexei was selling under duress, he wouldn't have sold at current market value.

This place will be a cesspit over the weekend so I will certainly be switching off until Monday morning once the market closes, until Monday morning.

cj62 - that's my point, Russia is on par with most other places yet it's given a stigma of the wild west....

What about the CIA trafficking cocaine? Israeli mossad are as bad at taking people out they don't like as the Russians....

Gecko - agreed!

Russia is no more corrupt than anywhere else. Every country has skeletons in their closet it’s just some reach the surface and some are better at keeping them quiet.

If corruption was going to play a part in tumbling this sale it would never have gotten this far. The flanks wouldn’t have been approved etc