Member Info for DavePenny

The purpose of the Policy is to provide a high degree of transparency to Eurasia shareholders and other interested parties as regards the calculation of the dividend amount and to explain the principles applied by the Board for the preparation of the recommendation to the Company general meeting on the dividend amount.

The Board established that the target dividend amount shall be at least 80% of the Company's adjusted net income (calculated as described in the Policy).

The cash position of the company is over $7m after significant CAPEX made into production expansion and after rehabilitation of the areas already mined at West Kytlim.

Comments

Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased with the DFS approval, aimed at production increases, and confirming West Kytlim's position as the world's largest operation of this type. After significant capital investment at West Kytlim into the production scale up and into the rehabilitation, the cash position of Eurasia is robust with over $7m, while the Company is pursuing its strategy as previously reported. Further announcements will be made in due course".

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.

The board and executive team have now been restructured to fully focus on the sale process.

Meanwhile our mine at West Kytlim is now owner operated. Running the mine ourselves has created synergies and efficiencies particularly in the project's geological and concentrate upgrade functions. Our Definitive Feasibility Study for the project's resources, contracted to GIP (see RNS 18 August 2020) is on schedule and the new Tipil license Area (24.5km2) is aimed at further increasing the life of mine. West Kytlim is now a sustainable and long-term low cost PGM resource in the Urals. WHO REMEMBERS THIS.

Managed two top ups this wek while the MM were plundering the airlines not just EZJ, all airlines.

Holly Williams, PA Business Editor

Thu, 29 February 2024 at 7:48 am GMT

In this article:

ICAGY

-1.80%

The owner of British Airways has notched up record annual earnings after cashing in on the bounce back in global travel demand.

International Airlines Group (IAG) reported underlying operating profits of 3.5 billion euros (£3 billion) for 2023, nearly three times the 1.3 billion euros (£1.1 billion) in 2022 and higher than its pre-pandemic peak.

The group – which also owns airlines Iberia, Vueling and Aer Lingus – said demand continues to be robust, particularly from leisure travellers, with the group’s airlines 92% booked for the first quarter of the year and 62% booked up for the first half. EVERY AIR LINE HAVE REPORTED RECORD PROFITS and every time the market responds negative WHY.

Guy Taylor

Mon, 26 February 2024 at 6:40 am GMT

Total sales are also expected to reach historic levels of €29.4bn, marking a 27 per cent year-on-year increase.

Total sales are also expected to reach historic levels of €29.4bn, marking a 27 per cent year-on-year increase.

British Airways and Vueling owner IAG is set to report a record €3.5bn (£3bn) annual operating profit next week after cashing in on the post-pandemic boom in travel demand last year.

Total sales are also expected to reach historic levels of €29.4bn, marking a 27 per cent year-on-year increase.

The rally in Nvidia sparked broader gains across the US chip industry. Short sellers had a one-day paper loss of $4.3 billion from semiconductor stocks, S3 data showed. Semiconductors are the worst-performing sector for short sellers this year, with mark-to-market losses of $7.2 billion in February.

Nvidia shares continued their climb on Friday, rising as much as 4.9% in early trading in New York.

Shorters get it wrong again,

(Bloomberg) -- The surge in Nvidia Corp. shares on Thursday has left short sellers with about $3 billion in paper losses, according to an analysis by S3 Partners LLC, which called it an “AI generated nightmare” for bearish traders.

Most Read from Bloomberg

The final FTSE review will be based on market capitalizations as of Feb. 27 and will be announced Feb. 28. As of Tuesday’s close, EasyJet had a market capitalization of £4.2 billion ($5.3 billion). Endeavour Mining was valued at £3.2 billion.

EasyJet Headed for FTSE 100 Return After Pandemic-Era Exit

(Bloomberg) -- Budget airline EasyJet Plc is on track to reclaim its place in the UK’s blue-chip equity index, almost four years after it dropped out of the benchmark during the Covid-19 outbreak.

Most Read from Bloomberg

EZJ.L

+0.57%

Guy Taylor

Mon, 19 February 2024 at 2:32 pm GMT

In this article:

EZJ.L

+0.57%

Easyjet

Easyjet

The chief executive of Easyjet Holidays has outlined how the firm plans to become the biggest package holiday provider in the UK.

Easyjet’s fast growing holiday business is eyeing 10 per cent market share as a medium-term target, up from 3 per cent in 2019, as it looks to oust the likes of Tui and Jet2.

Deutsche Bank raises easyJet price target to 670 (635) pence - 'buy'

MaverickD you were ramping PFC when it was 80p comming on daily saying gap being filled, you have no idea what's happening like every other poster on here me included.

PFC.L

-2.10%

Elliot Gulliver-Needham

Mon, 12 February 2024 at 2:40 pm GMT

In this article:

PFC.L

-2.10%

Oil and gas compnay Petrofac won out as the most shorted stock.

Oil and gas compnay Petrofac won out as the most shorted stock.

Petrofac, the oil and gas exploration firm was the most shorted stock in the UK as of 5th February according to new data.

The firm’s stock price has slumped 64.8 per cent over the last year, but 11.5 per cent of its stock was still held short as of last week, according to data from GraniteShares.

AGM tomorow might be more good news in the pipe line.

Topped up again this morning when I saw all other airlines up Tui, Wizz , IAG and we were red , couldn't resist.

Ready for take off fasten your seat belts.

AGM 8th of Feb, might be more good news.

And don't forget Divi back in play , onwards and upwards.

Someone buying blocks of 19,000 +