Member Info for del929

@Ibizamatrix; that’s an excellent email and well done you for sending it. I honestly think it’s time we all push them for answers, it’s got well beyond a joke now. Would you object if people copied your email and sent it in to the BOD as well?

board of directors and senior management 2023

christian schaffalitzky; executive chairman

iain rawlinson; independent non-executive director

tamerlan abdikeev; non-executive director

kotaro kosaka; independent non-executive director

artem matyushok; independent non-executive director

dmitry suschov; mergers and acquisitions officer

konstantin firstov; ceo kola & country manager

vasily kudrin; ceo west kytlim & in charge of pre-sale activities

we have all of the above and god knows how many other “experts” advising us yet here we are with no sign of a sale of anything.

you’d think one of them would say to cs that the current strategy is fecking useless, from a shareholders point of view something needs to change and cs needs to get this **** sorted. there’s only so long they can use the nda excuses, if any of them aren’t up to the task do us a favour and feck off and let someone take over who can. basic clear communication to their shareholders & markets would be a good starting point.

I really think posters should start contacting the company by telephone (email is useless) to discuss things and give them your opinion on things, I feel sorry for Keith as he’s the only person we can contact and his hands are tied. Far too many people on here state things like “it’s an easy waiting game” that’s not the impression I got yesterday when I called! I’ve got no sympathy for the BOD as imo their communication is shocking and this has directly contributed to the SP decline due to far too much information missing. I won’t list it all as DR will get upset 😉 Trav licence is the latest example though, have we had any official confirmation on that licence approval and explanation as to why it’s gone to KK? There’s far too many unknowns here and shareholders are been treated very poorly.

@B1ll; I’d be happy with a “credit note” right now for the sale of the assets. It can’t be any worse than watching the SP decline slowly & getting drip fed bits of info from our current BOD. I spoke with Keith today to air my views on everything and he sounds down, before anyone asks if you want to know anything give him a call yourself.

@DR; unlike yourself I don’t need to come on here & spout lie after lie to try to make myself appear important. I’ve got plenty shares but granted nowhere near your levels of around 18M (supposedly). You claim you’re comfortable with the current situation with EUA so I have to ask why are you here all day every day attacking anyone who dares to question the BOD? You’re a Walter Mitty who clearly needs to get a real life.

I wonder how things are progressing with resolving the disputed invoices of approximately £108,000 with Gowling WLG (UK) LLP, the Company's former legal advisers.

You’d think it’d be in everyone’s best interest to resolve the matter amicably and without recourse to further legal proceedings.

3 weeks on and yet again no update from our BOD on a subject which resulted in a 26% drop in the SP.

@Makeabundle; I’d suggest every PI would be over the moon with 50p in the current climate. If CS can achieve more than that I will happily take it but going to keep my expectations more realistic.

As requested by Dim is he;

1. 12th May 2021; received a proposal from a credible party & exited the FSP 924 days ago.

2. Asset sale; (28 Oct 2021) buyers DD complete 755 days ago.

3. NKT JORC; (16 Dec 2021) Work on the open pit part is in progress and the NPV of that part will be announced separately 706 days ago.

4. NYUD JORC; (8 Feb 2022 draft CPR with BOD for review) 652 days ago.

5. Nyud; Exploration license received by Rosgeo in mid Dec 2022, EUA will update shareholders on receipt of this license in due course. Approx 338 days ago.

6. 3 July 2023 MT DFS approved; 141 days ago.

7. MT royalty payment due by Nov (16.68 million roubles).

@DR; who independently verified & fact checked it, was it your mate GMF, your contact on the BOD, contact on LSE admin or one of your famous group of 6?

@DR, I was always told that intelligent people ask questions and the gullible ones go along with what they’re told. I’m a nobody on here as is everyone but I don’t need to make stuff up to try to pretend to be somebody important like you do… would you like a list? 😉

@Makeabundle; I’d rip their hands off for 50-60p. If it’s a Chinese bidder or BRICs for that matter as the BOD have told us several times wtf do we need a Japan office for?

@IKN; a very simple question for you as you appear to be struggling with this.

Is DS on the BOD at this moment in time?

@DR; in what way have I been ousted? I stated that the rest of the BOD have achieved nothing for EUA, no one’s shown me anything to change that view. When they achieve a sale of the assets I will change my opinion depending on what the sale price is.

@DR; why do you need to respond on behalf of IKN. A bit rich you accusing another poster of resorting to personal attacks as that’s usually your area of expertise. I’d guess you’re referencing the fact I called him “thick” for his comment on DS who isn’t on the BOD (maybe do some of your own research on that)

@IKN; like I said, I haven’t seen any evidence that any of them (current BOD with the exception of CS) have achieved anything for EUA. Likewise you have no facts to say otherwise, can you tell me what they’ve achieved?

@IKN; I was talking about the current BOD (minus CS) Are you that thick that you can’t figure out that doesn’t include DS? With regards to the rest, I can’t see anything they've achieved for EUA, Artemis certainly not sped up the asset sale & the Japan office isn’t doing very much. I’m sure you’ll know much more with your contacts but imo they’re not achieving much.

@IKN; happy to be corrected, Dmitry as you should be fully aware isn’t on the BOD.

Can you tell us what the others have achieved?

IAIN RAWLINSON, TAMERLAN ABDIKEEV, KOTARO KOSAKA, ARTEM MATYUSHOK.

@Makeabundle; I’ve no interest in POAZ as we don’t own it and it looks like we never will. I think it’s more important to focus on what we do have and figure out what’s happening with them;

WK, MT, NKT (no idea what’s happening with Trav) & NYUD (EUAs rights to 75% of the licence)

Beyond those I have no interest, sell the above assets, pay out a dividend and forget about EUA v2. CS will retire, the rest of the BOD have achieved nothing for the company.

They may have sold the concentrate & id not be shocked if they just haven’t bothered to tell us yet. That said, are we positive that the concentrate & VAT credits would come into EUAs £ or $ bank account or the WK subs paid in Russian Roubles?

We’ve got the US treasury notes of circa £1.5M but I’ve no idea if that’s easily accessible.

MrYFronts; yeah, Impossible to know the exact figure unless we know when it was paid, it’s a big chunk of the £400,000 we had in July though on top of 3 months BOD salaries, WUP & QVL court case costs. I’m sure the BOD have it all in hand.