Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
One day the war will be over but all the slime balls that post on here without reading the facts published by the company via RNS will still spout their rubbish. I have been invested since first suspension 10th February 2020, bought all the way up in high 30 + massively under water but when the war finshes and it will then things will change, all the best to new and long term holders.
Lastly the Company is in a strong financial position, considerably stronger than at any point in the past decade. Following the completion of the Placing with institutional investors announced in August 2020, the Company raised US$10m.
Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain. Nevertheless, we look forward to updating our many long-term supporters and new members.
I think the placings must think it's a scam aswell.
EURASIA MINING PLC
("Eurasia" or "the Company")
Interim report for the six months ended 30 June 2020
Chairman's Statement
As you are aware, our Company is now in an offer period and has appointed several professional advisers including UBS on investment banking side and recently DLA Piper on the legal side to work with the Company through the sale process. This strategic decision was the culmination of many years of hard work by our team in realising the value in our projects. With the final approval of the Flanks license surrounding Monchetundra, the Company has been successful in establishing a dominant position and a first mover advantage in Kola PGM, which, coincident with developments in the PGM market, has spurred interest in the Company. So why would DLA PIPER AND UBS BE INVOLVED.
14 January 2021
Eurasia Mining Plc
Update on Formal Sale Process
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to provide an update on the Formal Sale Process initiated by the Company under the UK Takeover Code.
Since launching the Formal Sale Process on 1 July 2020, Eurasia and its advisers have engaged with a wide range of parties, and have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures.
Neil Lancefield, PA Transport Correspondent
Tue, 9 May 2023 at 3:08 pm BST
In this article:
RYA
0.00%
BA
+2.36%
RYAAY
+2.42%
Airline Ryanair said it has ordered 300 new Boeing 737 Max aircraft.
The deal – which involves firm orders for 150 of the planes and options for another 150 – is worth more than 40 billion US dollars (£32 billion) at list prices.
The delivery of the aircraft between 2027 and 2033 will enable the airline to create more than 10,000 jobs for pilots, cabin crew and engineers, Ryanair said.
Each plane will have 228 seats, some 21% more than the Boeing 737 Next Generation aircraft which half of the deliveries are expected to replace.
The Board acknowledges shareholder frustration regarding the duration of the sale process, however also notes recent precedent transactions which have successfully completed despite the geopolitical situation. Further updates regarding the sale process will be made as appropriate and, at present, there can be no guarantee that Eurasia will enter into binding agreements.
Christian Schaffalitzky, Executive Chairman of Eurasia, commented:
Huileng Tan
Wed, 29 March 2023 at 9:14 am BST
A headshot of Russian President Vladimir Putin standing in front of an orange background.
Russia witnessed a mass exodus of Western companies after it invaded Ukraine.Valery Sharifulin, Sputnik, Kremlin Pool Photo via AP
Foreign investors exiting Russia must donate at least 10% of asset sale proceeds to the state.
The new rule applies to investors from "unfriendly countries" that imposed sanctions against Russia.
Over 2,000 applications have been sent by companies seeking to exit the Russian market, per the FT.
More than a year into the Ukraine war, the Kremlin is still thinking of ways to penalize foreign companies exiting the country — and it is now making the departure more expensive.
Investors who are selling their businesses and are from "unfriendly countries" — those that have imposed sanctions against Russia over its invasion of Ukraine — must donate at least 10% of the sale proceeds to the Russian budget, according to a document posted on Monday by the country's finance ministry.
The new ruling states that such companies have "an obligation to make a voluntary cash contribution to the federal budget" that amounts to at least 10% of what they receive from the sale, according to a Reuters translation.
This donation is on top of a previously announced 50% cut on the sale of their assets, which has to be borne by these investors.
Russia witnessed an exodus of companies after it invaded Ukraine, but some have remained — either voluntarily or because of challenges in leaving the Russian market.
Foreign investors exiting Russia must donate at least 10% of asset sale proceeds to the state.
The new rule applies to investors from "unfriendly countries" that imposed sanctions against Russia.
Over 2,000 applications have been sent by companies seeking to exit the Russian market, per the FT.
More than a year into the Ukraine war, the Kremlin is still thinking of ways to penalize foreign companies exiting the country — and it is now making the departure more expensive.
Investors who are selling their businesses and are from "unfriendly countries" — those that have imposed sanctions against Russia over its invasion of Ukraine — must donate at least 10% of the sale proceeds to the Russian budget, according to a document posted on Monday by the country's finance ministry.
The new ruling states that such companies have "an obligation to make a voluntary cash
I have been invested in EUA since the day before the first suspension and bought right up to 38p heavily under water just think the BOD should be up front with all share holders and communicate via a long over due RNS.
Summary Highlights:
· Further to the proposal (the "Proposal") from the credible party (the "Buyer") on the potential asset sale announced via RNS on 12 May 2021, the Buyer has informed Eurasia in writing that it has successfully completed its due diligence.
· As announced via RNS on 30 September 2021, since the receipt of the Proposal in May for the potential acquisition of substantially all of the Company's assets, additional interest from other parties is being considered by the Board.
· It is the Board's intention to advance several options with advice from UBS, DLA Piper and other advisers.
Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased that Artem Matyushok, a high profile M&A professional has agreed to join Eurasia. The experience of Artem and his knowledge of Eurasia can significantly speed up our Russian assets sale process".
18 May 2022
Eurasia Mining Plc
New Director Appointed
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company is pleased to announce that Artem Matyushok has been appointed as an independent Non-Executive Director of Eurasia with immediate effect.
Highlights:
· Artem Matyushok served in senior M&A roles with major Natural Resource companies: total value of M&A deals executed is over $100bn
· Mr. Matyushok has 20 years' experience in Energy & Natural Resources
· He is PhD and CIMA (UK) qualified, with strong appreciation of Corporate Governance and diversity skills obtained through various assignments
· Mr. Matyushok is a former Shell alumnus, where he participated in several development projects and later was involved in Shell's incipient Energy transition initiative including hydrogen and ammonia
AIM Disclosures
What happened to speeding up the sale.
POLY to list on abudabi market just seen on bloomberg