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This meeting could help everyone end the conflict;
Turkish President Recep Tayyip Erdogan has told a regional summit attended by Putin that he wants the war in Ukraine to end “as soon as possible”.
“We are making efforts to finalise the conflicts in Ukraine through diplomacy as soon as possible,” Erdogan told the SCO meeting in Uzbekistan.

Sorry Elgin, we must have posted at the same time. Great news if true

https://www.aljazeera.com/news/liveblog/2022/9/16/russia-ukraine-live-news-kyiv-says-mass-grave-found-in-izyum

Really hope this is true

I really hope the Ukrainians continue to retake ground and hold the parts they’ve retaken. No idea what Mr Putin will do next but one things for sure he won’t just give up. The next few weeks could be massive with regards to how this war will end (if it ever does).

Summit; I had a reply from the company confirming that as per below;
“We aim to provide an update on operational and commercial items via RNS in due course. The Company’s interim financial statements are on schedule for publication later this month”

Mac; your well researched so can I ask your take on this? RNS Sept 2021; MT DFS was in the final stages of its development but now they are saying Nov. I’m assuming that’s because they decided on also doing some additional Rosgeo JV assets. What I can’t get my head around is why they can now say Nov as surely getting the Rosgeo licences is out of their control. If they have the licences then surely they’d have to RNS those facts? If they have been given the nod that the licences are ours but have said don’t issue them to us until Nov surely that’s taking a massive risk in the current climate.

It says in the link that the £5m per day is approximate cost for all asylum seekers currently in the UK.

Stejstej; just about every post on here is speculation because the BOD are holding back on releasing up to date information to the shareholders, if they aren’t then you’d have to ask wtf are they doing with the licences, jorcs, DFS details etc. Yes they have a massive amount of shares themselves but that doesn’t mean they haven’t fked things up! We’ve all made mistakes in life as we are human but to blatantly withhold information is IMO wrong!

It’s exactly a year ago today that the BOD gave us a progress update RNS which included the following statement;
“Rosgeo has confirmed to Eurasia that the process on the license for Nyud and Moroshkovoe open pit deposits is in an advanced state.”
Considering how important the licences are to our future It’d be nice to get another update from them on what progress has been made in the last year!

Mac; what does submission of the DFS mean? I don’t think that we’d get much details until it’s approved which took around 2 months for WK. Matter of fact, did the BOD give us much details for the WK DFS when it was approved.

Folio; to be fair to him I think the last 5 years progress has been wiped out by the Ukraine situation and we’ve got to accept that the lack of updates from the BOD isn’t helping us. It’s nearly a year since we were told the Nyud licence transfers were at an “advanced stage” yet nothing since! That’s out of our BODs hands and in the current climate anything related to Russia is a concern and has a huge impact on our SP.

I’m not going to feel relaxed until the BOD tell us that we have received the Nyud Licence. IMO the market has lost confidence in EUAs ability to seal the original deal, probably due to the War in Ukraine. The BOD have gave us nothing to restore that confidence and it’s reflected in the current SP. An update on the Rosgeo JV is needed as it’s blatant to everyone (except Mac) that things aren’t proceeding as expected with the licence transfers which are essential! It’s a waiting game but the biggest question for me is what’s the latest on the licence transfers?

Scotty; can you give your reasons for why your sure someone investing at 5p will lose money? Also if it’s so rubbish why are you here, clearly your not invested and won’t (as above you’d lose money). IMO you’d be long gone from this BB if that’s what you genuinely think.

Yep, they are usually really good at removing them once reported!

Lenoman; it’s certainly not normal behaviour. I guess they have their reasons though.

If it’s that bad Scotty, why are you wasting your time commenting on here. Wouldn’t it be more sensible to go look elsewhere for another investment worth the effort? You’ve obviously made your decision and I respect that but no need for you to continually go on about it to those of us who have decided to remain.

IMO everyone has accepted that nothing’s going to happen until Oct/Nov. A couple of people feel the need to keep the negativity going on here, the big question is are they doing that because they are sad individuals with no life or up to something else?

Herbie & Scotty; your both bang on. EUA is a shambles and is never going to sell. If you both genuinely believe that then WTF are you both doing wasting your time constantly posting on here? You both appear obsessed or is it desperate for something to happen. Very strange behaviour. I love a gamble so am holding my shares to see what happens, good luck to you both in your next investment.

I’ve gave up trying to understand what the BOD are doing in the background. It’s a waiting game now to see if they can produce the asset sale as anything else will be deemed a failure by the market. All the indications are we are in a good place but then we’ve thought that for the last two years or so. Another positive I think is the fact they’ve said November for completion & submission of the MT DFS, that’s very specific for our BOD.

Why bring in Artem to speed things up when they’ve basically told us DFS in November, what difference is he going to make? A while back we’d brought in KPMG to finalise the tax on the imminent asset sale supposedly according to Mac and others on here. So we’re looking at tax as we’ve got a sale agreed but then bringing in someone to speed things up oh but not until the DFS in Nov. Won’t the dfs govern the sale price to some extent? My brain can’t keep up!