Member Info for DavePenny

It's alright saying good buying opportunity but when you have topped up in the high 20 / 30s and no spare funds not so good. I think the BOD need to help us the way we responded to their request for support of the resolutions.

Wardell Armstrong has a long track record of assisting companies throughout the world with their mining projects whether it be as technical advice or as project audits for investment decisions. We provide a broad range of in-house mining services including open pit and underground optimisation studies, mine design, geotechnical and hydrogeological aspects, ore reserves, scheduling, ventilation, equipment, maintenance, labour and infrastructure, ore and waste management, as well as financial appraisal.

We have a highly experienced team of engineers able to address the needs of the modern mining industry gained through years of working around the globe. Particular expertise has been acquired in Africa, Europe, Central Asia, Russia, Southeast Asia and South America and with a strong focus on precious and base metals, although more recently, we have been at the forefront of some of the strategic metals driving the EV revolution, particularly lithium.

We have excellent facilities at our main offices and process testwork facilities and laboratories in Cornwall, UK, and use the latest software to help model and evaluate increasingly complex and sensitive projects.

A mineral resource estimate carried out to international best practice is vital for evaluating a deposit with confidence, for providing you, your stakeholders and financiers with a sound understanding of the potential project value, and for planning the development of a mine.

Wardell Armstrong’s resource geologists have extensive experience of evaluating mineral resources. Drawing on knowledge gained from exploration projects, development projects and operating mine sites around the world, we develop or audit geological models and resource estimations for all major commodities and deposit types for inclusion in all levels of study – from Competent Persons Reports through to Scoping and Feasibility Studies.

Using cutting edge resource modelling and geostatistical software and techniques, (principally Datamine and Micromine) we can produce auditable mineral resource models and resource estimates in the format most suitable for your project. We follow the principles of competency, transparency and materiality for publication in the various levels of technical studies and for public domain documents in line with the reporting requirements of regulatory bodies. Our extensive experience includes preparing mineral resource estimates for Competent Persons’ Reports, Mineral Experts’ Reports, NI43-101 technical reports and contributions to annual reports for listed companies.

As a fully-fledged British international mining consultancy, Wardell Armstrong was originally founded on UK coal mining more than 180 years ago, but now operates in more than 90 countries from offices based in the UK, Russia and Kazakhstan.

· Proposal received in May for the potential acquisition of substantially all of the Company's assets. Since then, additional interest from other parties is being considered by the Board

PLEASE HURRY UP.

Thanks Ian hope I'm not putting my guess in on my 66 birthday.

Good morning everyone hope it's a good day for all share holders , thanks Pete will be having a nice cold Guinness today.

No problem Geko most on here waiting for the same conclusion.

After signing the Rosgeo agreement at the end of March, Eurasia conducted a tender among international technical auditors and in April engaged Wardell Armstrong International for several comprehensive tasks including JORC resource audits which are almost complete and will be announced shortly. Geko it does mention JORC shortly in the last RNS.

jack689 back in the green box for you good night.

Why did they put shortly in the last RNS then not follow up with the JORC knowing full well the mm would drag the SP down. Also why say the institutions couldn't have any more at 26.5p again by not giving us the JORC knowing the mm would drag the sp down enabling them to buy on the open market at a reduced price. Been here over two years, just like to hear what other PI think.

https://www.griproom.com/fun/why-your-stock-is-always-red

Another week of being screwed by the mm until we get jorc RNS expect more of the same next week.

Get well soon J.T

Commented Laura Hoy, an equity analyst at Hargreaves Lansdown: "The monetary loss will be a relief, since far higher numbers were bandied around at the start of the investigation, and Petrofac is more than capable of covering the fine...The bigger story is that the end of the investigation will unlock the lucrative Saudi Arabia and UAE markets."

Great post makes sense thanks for sharing , see you all Monday morning .

My green box overflowing never seen so many bott's appearing , must be getting very close now.

Read last years interim report Wednesday 30th September 2020 SP was 18.75p, Friday 2nd October 27p week later Friday 9th October 37p . This interim report gives more substantial news has have all the latest RNS we have received . You either trust the BOD or you might think you can do a better job .

These guy's wanted more and they have seen more than us. Also in May we were offered a $20m private placement at the market price by a leading US institutional investor. In Septem ber we cut back to $15m from a larger proposal made by a consortium of US professional institutional investors, again without discount, at the market price of 26p. We are now fully funded to fulfil our commitments in relation to the Rosgeo JV. Do you think they have invested millions for no return at today's SP.

After signing the Rosgeo agreement at the end of March, Eurasia conducted a tender among international technical auditors and in April engaged Wardell Armstrong International for several comprehensive tasks including JORC resource audits which are almost complete and will be announced shortly.

In May we received a proposal for the potential acquisition of substantially all of the Company's assets and the Board decided to focus on this potential asset sale. Since then, we have seen additional interest from other parties. We have attracted top talent and top tier partners and advisers to prioritise and execute our strategy.