Member Info for del929

1. 12th May 2021; “We are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders” 615 days ago.
2. Nyud Licence; (1 Sept 2021) in advanced state 503 days ago.
3. Asset sale; (28 Oct 2021) buyers DD complete 446 days ago.
4. NKT JORC; (16 Dec 2021) Work on the open pit part is in progress and the NPV of that part will be announced separately 396 days ago.
5. NYUD JORC (8 Feb draft CPR with BOD for review) 343 days ago.
6. Rosgeo JV; options on remaining 8 Assets expires 26 March 2023.
7. 151,000,000 BOD options are due to expire 2 May 2023.
8. MT DFS: submitted prior to 21 Dec 2022 with approval anytime between 30 & 113 days (WK)?

@Ramp, do you think the difference between EUA & Poly SP could be down to the BODs comms? Poly seems to give regular RNS to their shareholders where as ours have been notoriously silent.

IMO the BOD have to sell some assets after we get the MT DFS. Funds will be running out, shareholder & market confidence will be very low and the BODs credibility will be next to non existent. They’ve had plenty time to get the asset sale in place so let’s see what they come up with, no sale and I think it’s curtains for EUA.

It’d be great if Musk was interested but he’s from the USA and I’m positive he supplies Ukraine with a satellite system to assist during the war. Not a hope in hell that Putin would allow him to be involved at present.

@ctc, were you in 539? We used to work with your guys all the time. I was 17 P&M until 2005

WhoamI1; no worries, look forward to your update to clarify whether it’s his LinkedIn or the EUA website & official RNS that is correct should you manage to get an audience with him....

@CTC; whoami1 thought he’d left as he’d read his LinkedIn page which said he was working in Hong Kong. He’s accepted that’s not the case though.

Thanks BoB; I thought those shares were already allocated as per below but am not certain as I’m sure the company quoted 151M but 10M had lapsed! Hard to keep up with what’s going on with the company.
Christian Schaffalitzky 20,000,000
Dmitry Suschov 60,000,000
Gary Fitzgerald 5,000,000
Alexei Churakov 40,000,000
Alexander Sushchev 15,000,000

According to the company website he’s still working for us as an M&A officer.
https://www.eurasiamining.co.uk/about/team-2

@ Whoami1
Where’s has Dimitri gone to? I thought the last RNS said he was assisting with the asset sale.

Does James have options on any shares? I thought it was just these but not looked for an update in ages.
Christian Schaffalitzky 20,000,000
Dmitry Suschov 60,000,000
Gary Fitzgerald 5,000,000
Alexei Churakov 40,000,000
Alexander Sushchev 15,000,000

@Mac “ Ref the JV assets, i wouldn't worry, the BOD here and Rosgeo know the Russian system like the back of their hand, it will come good in the end imho.”
Here was me getting a little worried that the NYUD licence transfer has already been in for 500 days and the options on the remaining 8 assets in the Rosgeo JV expires on 26 March. Thank god they’re on top of it all.

There’s plenty news due, we just don’t know when or if we will ever get it.

@ LB, really good post.
@ Mac, was that response serious? Why the drama, errrr we need the bloody NYUD licence and clearly there’s an issue. Rosgeo run to licences you say but why has it had to be resubmitted? As for be patient, I think we’ve all had to be very patient with the asset sale.
@DR, why start with the childish arguments on a decent thread?

It’d be really good to know when the DFS was actually submitted and also if it is now approximately a 30 day process as opposed to the previous 90 days (113 days for WK).

1. 12th May 2021; “We are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders” 610 days ago.
2. Nyud Licence; (1 Sept 2021) in advanced state 498 days ago.
3. Asset sale; (28 Oct 2021) buyers DD complete 441 days ago.
4. NKT JORC; (16 Dec 2021) Work on the open pit part is in progress and the NPV of that part will be announced separately 391 days ago.
5. NYUD JORC (8 Feb draft CPR with BOD for review) 338 days ago.
6. Rosgeo JV; options on remaining 8 Assets expires 26 March 2023.
7. 151,000,000 BOD options are due to expire 2 May 2023.
8. MT DFS: submitted prior to 21 Dec 2022 with approval anytime between 30 & 113 days (WK)?

Tim, I’ve sent the link to EUA and asked them to comment. If I get a reply I will update on here. The only think I took from it was MT value was 14p (prior to DFS). WK was 3p I think. NKT was good value at 26p but we are still waiting on the open pit update. They had POAZ included at 20p but I didnt think we have that licence. I also believe the metal prices they used were higher than they are currently.

Pwlx; are MT & NKT classed as part of the Rosgeo JV?

@LB; agreed. I’ve no idea what all that work and equipment cost at WK but it could well have gone there. Only the BOD know and they seem pretty good at keeping us in the dark on most issues.

Ragsrob; I’m so glad you find people invested in this company having concerns about it’s prospects at present amusing and laughable. Are you not able to comprehend why that’s the case, you call it bed wetting, I’d say it’s common sense to question what the BOD are doing as there are so many unanswered questions, delays and obviously issues. I’m not a trader and am not interested in trying to be one, even if I want to Halifax won’t let me as I don’t live in the UK. I assume your a trader which is fair enough, thanks for showing your true colours!