Member Info for del929

I’m still hoping to get my virtual log in details, the questions I’d like clarified are;
1. Rosgeo JV Licences; how many have we applied for and have we paid for NYUD. Current status
2. Rosgeo JV JORC’s; how many are we processing
3. Asset sale; is the buyer who completed DD still buying
4. NYUD JORC (8 Feb draft CPR with BOD for review), what’s the delay?
5. 1 Sept 2021; MT DFS was in the final stages of its development then on 29 June 2022 you stated “has set aside sufficient funds to complete and submit a DFS for the MT project in November 2022” why so specific ref November?
6. Use of certain words in RNSs are not helpful ie soon, shortly, nearly complete, advanced stages.

Office cat; I think the same and requested Halifax send me copies of the email from Link saying it’s rejected. Funnily enough they can’t email it to me as it contains personal data (so they said) so I requested they send me a copy in the post!

I’ve had two calls from Halifax complaints today and still no virtual log in confirmation. They claim they’ve asked link for it several times now by email but say some are getting rejected, asked them to call Link and get back to me. Deadline for voting by phone was 9am, then they said 12. Last call at 1150 they said 9am Monday is cut off for obtaining virtual log in confirmation from link. Fingers crossed I get something by cob today!

Lovelyboy; is it possible that EUA paid for the NYUD licence in Jan this year and it’d not show up on the accounts yet or are the accounts showing all transactions including 2022?

Halifax told me yesterday that Link are rejecting some of their requests! I phoned Link and they said they weren’t. Spoke to Halifax complaints who have promised me an update today.

Found it, 8 Feb RNS. I think this means they’ve paid for the licence?
The table above includes the Nyud deposit for which Eurasia's subsidiary already has paid Rosgeo (as announced via RNS on 26 March 2021) and the license transfer thereof will be separately announced. In the meantime, Wardell Armstrong International has presented a draft CPR under the JORC Code and the NPV model to Eurasia for review. Nyud is a nickel dominant relaunch project, similar to NKT.

Thanks office cat; no I’m sure I remember reading in an RNS that they’d actually paid for the licence. I may be wrong though and reading through RNSs on my phone is difficult.

Office cat; I’m positive the BOD said they’d paid Rosgeo for the licence so you’d like to think they only did that on the basis that the licence would still be issued in the current circumstances. I can’t understand why the BOD don’t confirm these basic facts as surely that’d put all the conspiracy theories to bed! The fact they don’t is my concern.

The BOD told us on 1 Sept 2021 that the NYUD licence transfer was at an advanced state. I don't think we’ve had anything on it since then. It’s things like that which I believe has allowed the continued decline in the SP along with the other issues out-with the BODs control. IMO its a very poor reflection on the BOD and pi55 poor communication with shareholders!

1. Rosgeo JV Licences; (1 Sept Nyud in advanced state) 322 days ago!
2. Rosgeo JV JORC’s (24 Sept; due shortly) 301 days ago!
3. Asset sale; (28 Oct buyers DD complete) 266 days ago!
4. NYUD JORC (8 Feb draft CPR with BOD for review) 163 days ago!
5. 24 Feb Russia invades Ukraine 147 days ago!
6. 2 March; BOD confirm that the sanctions don’t prevent the Company from executing on its M&A strategy 141 days ago!
7. 16 May; EUA suspended for 2 days for an unknown reason!
8. 18 May; Artem Matyushok appointed as INED to speed up the sale process, change of wording from “Potential Sale” to “Our Russian assets sale process” 63 days ago
9. 5 trading days until the AGM

Cat; get off your high horse. Halifax told me they’ve requested it and that LINK are been non responsive! Are you saying EUA have no control over LINK? If that’s the case what are us “bleedin” shareholders supposed to do, spend hours on the phone to Halifax to be told the same thing again.

Just spoke to Halifax and was advised that whoever is supposed to be issuing the codes for the virtual AGM isn’t been very responsive. Called EUA and left a message asking if they can speak to them and request they issue the codes much quicker. Halifax have gave me until 9am Friday 22nd to register my vote if no code arrives. Bloody shambles, you’d almost think the BOD are trying to make things awkward for us to vote.

Office cat; I’ve called Keith numerous times over the last 2 years, emailed my all my questions and waiting for virtual log in details from Halifax. Nothing anyone posts on here will change anything so what’s your point?

Still nothing from the BOD, let’s hope they can actually say something at the AGM!
1. Rosgeo JV Licences; (1 Sept Nyud in advanced state) 320 days ago!
2. Rosgeo JV JORC’s (24 Sept; due shortly) 299 days ago!
3. Asset sale; (28 Oct buyers DD complete) 264 days ago!
4. NYUD JORC (8 Feb draft CPR with BOD for review) 161 days ago!
5. 24 Feb Russia invades Ukraine 145 days ago!
6. 2 March; BOD confirm that the sanctions don’t prevent the Company from executing on its M&A strategy 139 days ago!
7. 16 May; EUA suspended for 2 days for an unknown reason!
8. 18 May; Artem Matyushok appointed as INED to speed up the sale process, change of wording from “Potential Sale” to “Our Russian assets sale process” 61days ago
9. 7 trading days until the AGM

It will be interesting to hear how the BOD respond to any questions but I’d not be shocked if they pull out the old “NDA” excuse to most of them. IMO there are far too many grey areas and I can’t see that changing no matter how many questions are asked.

I hope the BOD can give us an update on the current status of this at the AGM;
1 Sept 2021; The Monchetundra Definitive Feasibility Study (DFS), contracted to CKE and EMR (both defined below), is in the final stages of its development further to the successful completion of geotechnical and other studies performed by Gipronickel (an engineering arm of Norilsk Nickel) as well as an audit by Wardell Armstrong International.

29 June 2022; has set aside sufficient funds to complete and submit a Definitive Feasibility Study for the Monchetundra project in November 2022

Many thanks for the info. Will give them a call tomorrow.

Theofficecat; did you have to phone Halifax to request this? My form doesn’t have an option for virtual attendance?

Sbrace; I know, there’s also the MT DFS question where they told us in Sept 2021 it was nearly complete then announce in the Annual Report in June 2022 it’s now something like Nov! I cant remember the exact details however it’s another classic example of poor communication from our BOD and imo it’s these things that have created the low SP.

1. Rosgeo JV Licences; (1 Sept Nyud in advanced state) 315 days ago!
2. Rosgeo JV JORC’s (24 Sept; due shortly) 294 days ago!
3. Asset sale; (28 Oct buyers DD complete) 259 days ago!
4. NYUD JORC (8 Feb draft CPR with BOD for review) 156 days ago!
5. 24 Feb Russia invades Ukraine 140 days ago!
6. 2 March; BOD confirm that the sanctions don’t prevent the Company from executing on its M&A strategy 134 days ago!
7. 16 May; EUA suspended for 2 days for an unknown reason!
8. 18 May; Artem Matyushok appointed as INED to speed up the sale process, change of wording from “Potential Sale” to “Our Russian assets sale process” 56 days ago
9. 10 trading days until the AGM