Member Info for Crabby08

You mentioned earlier about being in Eurasia well over 12 months the and the sp has hardly moved, what a load of tripe! 12 months ago we were suspended at 7.2p, if you go in before that you would have bought somewhere between 0.4p & 7.2p, we’re now over 27p so you’d be in profit exponentially. Quite a lot of sh**ty arsed our the last few weeks, one top RNS after another.

Very dangerous game now more than ever For shorter with mention of a substantial dividend possible or sale of substantially all assets or words to that effect. We saw the demise of JUB with their accidental short around 12 months ago, the writing is on the wall.

With possibility of a substantial dividend I expect to see a steady increase in sp now as people try and get in for the divi. All looking tip top this end!

1eyeopen - I agree. Keep it clean, placing money to progress Rosgeo from this point on instead of waiting for sale of assets to finalise. Money from sale pays shareholders, BoD included, a substantial dividend.

Eurasia - the company that never sleeps

Still not triggered the Sinosteel EPC which makes me think it’s part of the sale...

Maybe sale of everything but the Rosgeo prospect, sale money paid as special divi, placement money goes towards progressing JV and Eurasia remains?

James - fair point, I’d be happy with that.

James - the only thing is one of the recent RNS ‘s stated MT being the cornerstone of the Rosgeo project, or something to that effect? If MT is sold how does that affect the Rosgeo areas?

Hairy - I can only assume you mean you have a short open, which would make sense.

Hairy Harris - you were saying months ago you didn’t think a sale would take place? But you still linger like a bad smell. If you didn’t think there was going to be a sale and didn’t sell out I’d say you’re strategy is losing money, so yes may be worth re-thinking...

Ultimately I think last weeks RNS outlined they BoD have received multiple offers, some for the company lock stock and barrel and possibly some for certain assets and even JV’s. Could be wrong, but they’re now working out which to potentially put forward to shareholder vote (if required) to maximise shareholder value

Up until a month ago we knew nothing of the Rosgeo JV, so it’s just another added bonus. So if MT & WK were sold and shareholder receive a decent special dividend, and the company then has all the support and finance to move forward on the Rosgeo mines, bingo!

We retain our shares in a company we know delivers results in the PGM and battery metals industry, which will only grown from strength to strength. I won’t grumble if it’s a full sale but with the money made a lot of people will be looking for a similar company again, if EUA retain the Rosgeo JV prospects I’d happily leave my money where it is for further long term gains.

Either way I’m happy. We thinking offer made public in the next couple of weeks ready to be voted on at the AGM

And you’ve run hot and cold ever since Calamari

Dexter - the tweets look like ACF are ready to pull the trigger on releasing the revised Eurasia report, they were just waiting for the end of the FSP to do so, so I would imagine anytime now. They’re going to have to be quick as the offers Eurasia have received could be made public at anytime now the FSP has been closed and the report is no use after the event

Although I wouldn’t be adverse from suspension to
Lock the genuines And shooters in, I don’t see why suspension is necessary when the RNS last night outlined what the BoD proposed 18 months ago and all the genuine holders expected? We knew it was coming, it was outlined by the BoD time and time again, it’s the moment we’ve all been waiting for!

Tigerbythetail - who told you that, your buddies, the top tier of management at Norilsk you mentioned the other day, from doing business for 20 years in Russia?

Did they tell you in English or Russian?

Remember why you invested, Dmitry said in Oct 2019 the BoD won’t be rushed and that was when palladium was around $1600oz. It seems every move the BoD make is to check mate interested parties to ensure they’re always in the driving seat. Still awaiting news on:
- WK flanks
- EGM and how it’s strengthened BOD’s negotiating position
- FSP - got to be due an update soon, and with the last update being Jan, maybe they’re holding out for the recommended offer before updating shareholders?
- Japan connection
- Rosgeo progress

The last 2 might be tied in with the update on point 3. Anyway, I’m sure progress hasn’t stagnated behind the scenes!

Go and paint a wall then and watch it for a bit

Interesting stuff Rayski, almost forgot Eurasia has copper under there remit as well. 2 weeks on Wednesday since the EGM and Eurasia ‘strengthen their negotiating position‘, when they got what they asked for from us shareholders. They haven’t let us genuine holder down this far and the company is in, by far the best position it has been in and could be in my opinion. Best BoD and advisors, PGM prices at an all time high, no debt, fully funded if a sale didn’t hAppen ( I really think it will).

We’ve seen a few shorters collapse, JUB, TW lost a few quid and his butt plugs as they are referred to still here doing their best but nobody takes any notice anymore. The last unconsolidated palladium play with multiple offers already received in a booming industry. Hopeful of and update of some sort this week.

Dore - no they were all above board like Eurasia, the longest one was due to probate with the seller

Also why the RNS in Jan stating multiple non-binding offers being progressed to binding? Only 4 months ago, I’ve had houses take anywhere from 2 - 12 months to sign over, sometimes for a simple 2 bed terrace that was empty.

Eurasia have the best advisors & negotiators working on a success fee basis, let them do what they do

Denby, if no sale then can you answer the following:

- why are DLA Piper and UBS still on board?
- why the EGM to strengthen the BOD’s negotiating position?
- why hasn’t the sinosteel contract been triggered for MT?
- why did Dmitry move from the BoD yo head of mergers and acquisitions?
- why has the FSP not been shut down?