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Monty, Sounds like you are now saying that Eurasia have something worth having?????? Please make your mind up!
Sorry you have made your mind up and that is to say anything negative towards the company..
You make me laugh.
Treadcarefuly, That is a bit of a throw away comment, Alot has happened in 3 years. Acreage is growing, resources growing etc. mostly happening threw a pandemic which affected the world and then throw in a war for extra disruption. Its not making excuses as them thing happened . I would of liked this resolved to by now ideally but life does not work that way. Some thing take time. Look at BEM who are trying to get a mine up and running in Sweden. As you say at the end nothing is guaranteed until the deal is signed. Which the BOD have always said. But we need to stop the whining and let this play out. Only time will tell.
Monty if some one was to invest in a company based on opinion of a person from a forum that they do not know then they deserve to lose there money. Also please do show where the captain as you so put it as said you need to buy this share?
Your posts are advising people that the share is hopeless and implying don't buy / sell so who is the one playing games here. Stick to factual posts and not conjecture please, but that would not suit you agenda would it.
You should do research and make a call to buy or not on that surely. So
Armybarmy, What information do you want exactly? Please be specific.
From my perspective they are clear that the objective is to sell assets. In the meantime they are adding value by getting areas mining more efficiently, increasing acreage and resources and then also looking to diversify. They are in discussions so they say. I still feel that shouting out what they have to sell would be a bad idea in the current climate. keep working on increasing the value and thus getting a better deal that is water tight for all concerned.
Yes would be great to know price but look at Twitter. Price agreed and then he tries to drive it down! I invested in the BOD/Company so trust them to bring this home. Remember every company you invest in you need to back the board otherwise why would you invest. I do understand they need to be accountable and that is correct but EUA BOD have had to work through some strange times and they have increased the portfolio of the company in that time so thy have been busy.
I cant see that all the external team assembled KPMG etc would want to get involved unless there was something substantial to sell.
Just my opinion.
Deals take time, especially one that is ever growing and bearing in mind the current climate. BOD have been adding value and are working on setting up a template for other disposals by the sounds of it.
Correct me if im wrong but Twitter deal has still not been finalised that is not as complex as this deal when you take in all the parameters i.e. Geography, war etc.
Chill people. In end of day there is two possible out comes sale or no sale. therefore law of averages say some one will be right.
mizman, necessity is the mother of all inventions. Surely countries like Russia being controlled by a dictator and invading countries and threatening to use nuclear weapons is more of a step in to the dark ages?
Jester. If you do some simple research filling of late accounts has been increasing so EUA are not the exception here, add in the territory where they operate and the sanctions etc it is not hard to understand why, although not ideal in times like these, things happen. I find it strange that this causes people so much anger when EUA miss a target date yet throughout the UK the pandemic etc have been used to push back peoples treatments or court dates which is more a of a concern for me.
We should receive update this week, hopefully the one we want but my head says they have to tread carefully and not get dragged into the geopolitical fight between governments. I have faith in my investment and yes would of liked this resolved by now as I am having to making alternative plans due to funds locked here but if they play this right we could all win in the end. well that's my view and yes i could be wrong but i invested for a reason and the only thing that adds risk is the War all in my opinion.
Layla, what you fail to note is that the world is moving away from oil & gas and therefore what EUA has could play a major part in the green energy revolution surely? Your comments is very one sided in my opinion.
EIE01, totally agree with your statement.
I'm sure there are many shareholders who look back and feel aggrieved that they could / should of sold up in tons of companies prior to the war as lots of people could of made money and brought back in to the companies at a reduced price. Hindsight is a wonderful thing. But some times you need to have faith in your decisions and just see it through.
KIRA, really hang your head in shame. Now do use all a favour and please leave this board has you have nothing to offer. Thought you had sold up as this was a scam?? I will never reply to your posts again as you clearly either need help, have hidden agenda or just not liked in real life that this is the only way you can get some sort of attention.
Paul,
Sorry but I cannot see how anyone can take you seriously. Please offer up all the M&A deals you have done and lets compare with Dmitry.
His career has involved building companies so they are up and running then selling them. Your career is what exactly? Apart from poorly executed trolling / de-ramping.
Paul,
I hope you are not a journalist, has your research seems a like lacking. His linked profile only lists investements firms. Not his other activates. See below taken from https://www.weare121.com/121mininginvestment-london/client/eurasia-mining/
Get your facts triple checked before making statements like he has left.
Dmitry Suschov, Director of Eurasia Mining Plc
Dmitry Suschov, Director of Eurasia Mining Plc has a good track record in taking mining projects to production and successful exits via sale to strategic investors. This includes the world’s second largest silica sand miner and SiC producer sold by Dmitry to CUMI Murugappa (multibillion USD group from India). As its largest shareholder, Dmitry took part in a large producer of met coal production launch and in its strategic sale. Being Eurasia’s largest shareholder and director Dmitry has set up a partnership with Sinosteel, one of the largest state companies in China. Dmitry helped put to production the first project of Eurasia, the world’s largest alluvial PGM (palladium, platinum, iridium and rhodium) and gold producer with its cost being on the very bottom of the global cost curve. Dmitry is currently helping take Eurasia’s second project to production in partnership with Sinosteel.
theofficecat,
The only thing I would say is that there is likely to be a sum in mind that the BOD consider the minimum sell value. Below this the risk/reward starts to become blurred. As far as I can see the RNS typically have always stated that a sale was not guaranteed although it was the preferred option by the tone of the RNS's. They could still go it alone if an offer was considered no to be worth while. Is the SINO deal still not in play?
As such I feel the BOD have a strong hand in saying to any potential buyers you can but at this price otherwise we will progress the mine ourselves. Obviously current circumstances may well play a part in reducing that figure. As you say each side will have a competent team who will be haggling for the best deal they can get. We have UBD, DLA Piper & M&A experienced people on board. Looks to me the BOD have tried to edge there bets with a team to get the best deal possible.
Fingers crossed my thoughts play out but only time will tell. Just my thoughts.