Member Info for Crabby08

Nice Sharegar!

Feel free to tell me where to go PostmanPorsche but did you get any info worth sharing from the call?

Eurasia’s listed and has offices in London so I’m sure there are people working. For a deal worth potentially billions I’m pretty sure people will be checking email / answering mobile phones.

Ironic you’re calling me a keyboard warrior but whatever.

My point being moaning about it solves nothing. You either ride it out in the expectation of higher rewards or if you’re unsure you sell up and save yourself money and further worry.

Plus I keep repeating this - most that are ‘rampy’ back up their point of view with information from RNS’s and proper data.

Very well summarised Clueless our expectations are aligned from the RNS the company has put out, hence my earlier post on watching the Dmitry interview from October 2019......it’s happening!

Those that are worried, maybe it’s time you sold up and moved on so the ii’s can take the reigns on your shares? Those that need a spoon full of sugar I suggest watching the interview below from October 2019. Dmitry stated the company will not be rushed in to a sale and the banks have been told not to entertain low offers, the plans in motion just taking longer than we’d like.

https://m.youtube.com/watch?v=d_YMY6yiMDE

And to reiterate:

A sale will happen as per the RNS’s stating the company is in an offer period. It may be taking longer than we’d like but nothing has changed. The only concrete information is from the RNS’s which until we’re told otherwise state:
- multiple interested parties have approached EUA
- UBS, CITIC & DLA Piper have all been appointed as advisors in the sales process.
- BoD are aligned to maximise shareholder value
- the value of the commodities EUA have, have risen sharply since this all began in October 2019, especially Rhodium which is one of the main 4 metals in their basket.
- EUA is in the strongest financial position it has been in for a long time.
- BoD are top tier with some only receiving payment once a sale takes place.

This hasn’t been dragged out for 15 months to waste all these people’s time, its all happening but under NDA’s. We are definitely due an update I agree but don’t panic as nothing has changed, just a lot more a**eholes seem to be gracing us with their presence this morning.

Wow! Now would be ideal to let us know how much there is at WK.

Good point Dexter seems to be following the usual pattern although there are a couple of catalyst RNS’s that could land at any time that would push the sp beyond the point of no return.

The 1 year chart is far more reassuring than the 1 month chart.

Calamari - I’ve been at the ‘poker table’ since October 19 so 15 months and I’ve seen a lot of suckers come and go, including you as you’re another one that never posts anything of substance or intellect. I’m sure I’m not the sucker as I’ve bought between 2.5p up to 32p and currently sat on 5 bags at this moment and many more to come I’m sure.

jr - I’m basing my judgement on a sale happening from the points listed below, which have all been released from the Eurasia BoD via RNS.

You’re saying a sale won’t happen now. Can you do the same for your argument using information supported from RNS’s from the company.....

A sale will happen as per the RNS’s stating the company is w in an offer period. It may be taking longer than we’d like but nothing has changed. The only concrete information is from the RNS’s which until we’re told otherwise state:
- multiple interested parties have approached EUA
- UBS, CITIC & DLA Piper have all been appointed as advisors in the sales process.
- BoD are aligned to maximise shareholder value
- the value of the commodities EUA have, have risen sharply since this all began in October 2019, especially Rhodium which is one of the main 4 metals in their basket.
- EUA is in the strongest financial position it has been in for a long time.
- BoD are top tier with some only receiving payment once a sale takes place.

This hasn’t been dragged out for 15 months to waste all these people’s time, its all happening but under NDA’s. We are definitely due an update I agree but don’t panic as nothing has changed, just a lot more a**eholes seem to be gracing us with their presence this morning.

Not sure how anyone can try and justify the EUA FSP as flogging a dead horse so to speak - it that was the case the share price would be back where it started last September 2019, below a penny. But no it hold strong and the chart shows a steady and solid rise over the last 15 months.

So may have missed the boat (jr) or are trying to push the price back down to make on there shorts (jr) but ultimately the pattern speaks for itself and that’s with very little news of recent really. Hold tight or regret it soon after.

Ignore. I see this has already been mentioned . The steady and strong rhodium price continues!

Looks good to breach $17,000oz anytime soon.

Very excited to hear how much is at WK!

What’s the latest an RNS can be released on a half day?

Same to you Ryan and all genuines!

When RockHopper spoke to Keith yesterday he confirmed the DFS update would be put out before month end so they must have it in hand by now, so why not put it out now?

Only speculating here but if it is going to be published today and comes after hours it will obviously have no baring on the SP today as the market will be closed which also doesn’t really make sense to me. I wonder if the DFS update will also include a formal offer and therefore is somewhat irrelevant if it’s put out after hours as the SP will automatically rerate to the offer first thing Monday morning?

Just a thought. It makes no sense to me putting the DFS out after hours as the SP I wouldn’t react as well on Monday morning as it would if it had been put out at 7am today, as the news would fizzle out a little over the 3.5 days until the market opens again Monday morning....

Good work Rockhopper I’ve done the same in the past when news was given a date by the BoD and always found it reassuring. We got the answer we wanted, new before 6:30pm tomorrow we’ll done.

I have said recently I thought it would be 31st, taking it up to the 11th hour as usual. Start calling them the milkmen because the always deliver!!

I disagree that it may not be a complete cash sale Calamari.

When money is probably the cheapest it’s ever been to borrow and the commodities EUA has steaming North in value it makes sense to me. Plus VTB, CITIC & UBS as you’ll know are all finance houses and I’m sure would all welcome lending to the potential buyer when they have already completed due diligence on the assets they’re lending against. So I wouldn’t rule it out...

It’s crap this waiting now but I don’t think the BoD would have mentioned end of the month if there was a chance the DFS update wasn’t going to be put out, why chance losing credibility?

As they did with announcing the new Nomad the day before EUA would have been delisted and announcing the flanks approval when a PI had found it in the public domain, they seem to keep updates under their hat until the last minute - I feel the same is going on here and we’ll get an update Thursday. It’s hard to remain patient when we still have no idea what the sale price will be but there must be a lot being negotiated by the best advisors money can buy working on EUA’s behalf, most on a success fee basis, just wish they would hurry the F up!

Only my opinion.