Member Info for EIE01

Summary of webinar

Quite a number of interested parties.

Discussions ongoing at anyone time.

Strategic investor from 2021 still involved

Offers have previously been declined

Concentrate sales could attract haircut when funds returned to UK, hence trade finance agreement.

Many NDAs still active

KAZ listing ASAP

Couldn’t confirm if strategic investors would buy on KAZ listing

MBO just one potential option

Firm belief by the BOD that they will achieve the goal of selling asssets

Kola potentially very valuable, company maker

Wouldn’t had pledged shares if not confident that a sale of assets will take place

Sinosteel agreement still in place, plus a buyer of the assets can trigger agreement

Absolutely committed to achieving a sale

Del - Small point but the conversion price is 2.50 pence in respect of tranches 1, 2 and 3 and 3.0 pence in respect of tranches 4 and 5.

His peace plan received a luke warm reception in both the US and Europe.

There is nothing in it that is going to bring Russia to the negotiating table.

Yes the warrant holders could buy shares now, but then there is a risk.

Warrants has no risk attached, no brainier.

And why would an exercise date of warrants with an exercise price of 26p be extended to 31 Dec 24 if that exercise price wasn’t achievable?

I don’t believe even the backers of Ukraine, feel it is a realistic expectation that Ukraine will retake Crimea, Donbass.

It’s all about facilitating a situation in which Ukraine has some leverage at the negotiating table.

Even if the West were to allow Ukraine to use long range weapons into Russia, I think Russia would simply hit Ukraine even harder.

Very difficult situation for Ukraine, plus I get the impression that although the West continues to publicly support Ukraine, that behind close doors there is a drive for peace talks and that support has it limitations.

Once this war ends, and it will, what then happens with Zelensky will be very interesting.

Zelensky peace purposal is a joke.

It’s based on the assumption that Russia can be forced into peace. It’s based on Zelensky’s view of peace.

Waste of time and energy, very much like the previous peace summits which excluded Russia………pointless.

OSF - Not exactly surely what you are implying, you believe the warrant extension is a sign from EUA to the market that 26p could be hit within the next 3 months, but actually it won’t and that the real reason is to facilitate a new raise from institutions at a far lower price?

What institutions would get involved with a UK listed company that trades in Russia, very very few I’d imagine.

Also why the need for additional funding, EUA have access to sufficient cash for the next 12 months, plus very little going on.

HE1 has historically believed that Tanzania may hold 98.9 bcf of helium.

The article you refer to is simply stating that figure, the article pre-dates the EWT.

No one cares what you get.

Penny dropped yet.

No interest really.

As long as you drop out tomorrow and end your endless nonsense posts.

GLG2 - What focus on Clontarf lol

Oh please!!!

Certainly hope so, as he said he will stop his endless nonsense posts.

wolfe - why are 90% of your posts specifically about other posters?

why the constant need to comment on others, so strange.

also why are all your posts when not specifically talking about other posters, always negative about eua?

surely you have other more constructive things to discuss in your life than constantly ****ging posters and eua.

very strange way to carry on, thought you would be more concerned about your two bob team everton.

I should had included, it’s the decision of the lender if they choose to convert.

I think the structure of the facility is very positive.

Interest free

Can convert to shares at 2.7p

CS shares held as guarantee

This is very interesting!!

Toffers - You sound desperate.

Normally anyone “Uber” positive you refer to them as rampers.

GLG2 - But it was made clear earlier that existing funds were sufficient to Q3 24, so without sale of either concentrate or disposal of assets, then the company had to find an alternative source of working capital.

Some posters appear surprised at this potential development, they shouldn’t be.

Yesterday’s RNS states “…….additional sources of working capital are expected to be available to the Company”

That seems a fairly confident statement to me, but I appreciate that there are shareholders who doubt statements issued by the company.

If the facility is utilised and this ultimately allows the disposal of assets, then that is fine with me. I just want these assets sold so everyone can move on, surely the BOD feel the same.

Wolfe - Seriously haven’t you got something more constructive to do with your time rather than digging out posters, calling them names.

Seriously take a look at yourself.

Invest - Actually today’s update states audit nearing completion (EUA definition of nearing complete i would love to know)

I assume reaching agreement on loan facility will then result in the issuing of the financial statements.