Member Info for Crabby08

If something was leaked that the other stakeholder didn’t like we could be suspended again and as boring as this is at the minute at least we can access our funds.

If your money was in your bank account you wouldn’t look at it twice a day and that’s kind of how I’m looking g at this now. Yes it could dip but equally the life changing RNS could land at any moment. Dmitry will only get paid when we do so rest assured he’ll want his funds when possible to move on to his next project. Personally I think we’ll know where we stand before Christmas.

Someone’s loading up cheap

91jonmo - I beg to differ with the point Eurasia is only worth what someone is willing to pay. Eurasia were approached by 2 banks to see if they would consider a sale to which they are if the offer is too good to refuse as they have the means to go forward with MT themselves. The banks approached EUA because it is the last non consolidated palladium play with relatively low extraction cost and a host of other PGM’s included, most of which are increasing in value. So it’s not so much how much someone is willing to pay, it’s more who cannot afford to miss out on the opportunity that Eurasia hold? Because if X doesn’t buy it, then Y will in order to secure the future of their business. Eurasia aren’t a distressed seller, the way I see it is they hold all the cards and the buyer has got to make them an offer that the BoD think ‘do you know what, for that sort of offer I’ll walk now and let someone else do the graft, our work here is done’

MT**

The reason anything around 50p gets laughed off is because the ACF report which was allegedly sponsored by EUA had a minimum sales figure of 55p and this was prior to the MY flanks approval. So that’s the benchmark for the sales process set by EUA back in February.

A lots happened for the better since then which can all be found in the RNS’s

EiddieX’s calculation:

number of years investing - 10 = EUA sale price per share

Dark energy - To be fair the the stupid part wasn’t necessary it was a knee jerk comment to someone that posts to I still a seed of doubt on this BB.

And you’re correct a sale isn’t 100% nailed on but with the information that’s been provided from Eurasia everything is pointing that way. The list of points I made were the reasons why I see this sale happening, which is more than the list reasons F4F posted on why the sale won’t happen....

Ignore previous pressed post by accident**

F4F: ‘ Don't dismiss the possibility that the reason the sale process has gone on so long could be due to a failure to agree which could cause the sale to fall through.
I hope not but it's absolutely possible.’

So what you’re saying is that for the last 12 months the Eurasia BoD have employed Iain Rawlinson (legal expert) and Alexei Churakov (working for big salary but on a sale success fee basis). VTB were on board for a while and CITIC as far as we’re aware are still working on a success fee basis too after 12 months. UBS have been working on a success fee basis for at least 4 months, so they’ve had no financial gain yet. DLA Piper have been racking up bills for the last 2 months and Dmitry, thee biggest shareholder of EUA has moved to an M&A role to focus on the sale. So all these stakeholders have invested thousands of hours and racked up millions in wage bills and expenses and it’s taken all this for them to figure out they cannot agree on sale price and terms? Even with the very best M&A banks and legal teams negotiating on both side? How stupid do you sound.....

F4F: ‘ Don't dismiss the possibility that the reason the sale process has gone on so long could be due to a failure to agree which could cause the sale to fall through.
I hope not but it's absolutely possible.’

So what you’re saying is that for the last 12 months the Eurasia BoD have employed Iain Rawlinson (legal expert) and ALexi Churakov

Absolutely agree Gecko - if you take a risk to try and provide a comfortable life for your family, you’ll now have to put in a lot more hours for the same result.

However the free loading twats that never lift a finger and sponge will remain unchanged, housing and universal credit will still be provided. Don’t get me wrong though the poor that graft their b***ocks off will be surpressed as well, still a lot of respect for them and anyone else that get up
And go to work every morning no matter what they do.

Made me laugh the other week when that oil tanker was found with people stowed onboard from some west African country that then tried to highjack for a ransom. It said a couple of days after they had been bailed pending investigation. I’ll show my a**e to the queen if any of them are ever seen again! System’s f**cked!

There’s been times months ago where multiple hundreds of thousand pound late trades have show up but I don’t imagine there’s enough shares knocking about to accumulate like that at this stage.

But over the last week or so the late trades showing up do seem to be for larger amounts. I’m with Tilly there’s still some accumulation going on which is reassuring. Still doesn’t change the fact that the sale RNS can land at any point of any trading day in my opinion though

Just mid-prints it happens now and again.

Happy with the size of all the lite buys that showed. It’s been a while since we saw so many

We’re moving in the right direction!

Spunked money on furlough*

Then there’ll be those that raped the Government backed bounce back loan scheme that will cream what they can and shut down only to reopen with their child named as the director.

The government never managed proper lockdown like other countries but doubled money on furlough and grants creating a false economy and by the end of next March there will be some that have sat on the sofa for 12 months getting 80% of their salary and the situation will still be the same. They’re pushing back the inevitable, unless you believe in the vaccine that been developed in a few month hahaha! I’d rather let a homeless dog p**s all over me than let them stick that ‘vaccine’ in me

Can’t see that happening Wolster anytime soon.

Anyway not getting in to a debate over on this forum, each to their own.

No surprise. There’s no incentive for people trying to do well for themselves in this country

Agreed RMR. Hopefully we’ll get the news we want sooner than later.

Although it’s been stipulated that the FSP will not follow the standard 12 weeks timeline, it was mentioned somewhere that EUA had stated they look forward to updating shareholder in H2 of this year. So maybe they have set that as the deadline to the buyer that this has to be wrapped up by? There’s no way that all stakeholders aren’t working to an agreed schedule, it would make the process far too loose which isn’t the way buyer, seller, legal teams and banks work.

Montmuzard, Dickie, RMR - all valid theories and would be happy with any, as well as a full sale. Although the FSP has been ongoing for 19 weeks, it's isn't like it was sprung up on the EUA BoD at that point. For me this all started over 12 months ago when CITIC & VTB approached EUA, the FSP is to iron out the nitty gritty.

Talking hypothetically here in easy number to calculate. But say the sale was of MT and we received a special divi of 50p plus 5-10p annual divi as mentioned. What would people expect the share price itself to re-rate to roughly?