Member Info for EIE01

Who said offers were received less than MCAP?

That’s not true, it was confirmed at AGM that offer/offers had been received, but not deemed sufficient.

Last AGM that was held in person.

Reading Poly had four offers, but realistically only one was viable.

Also noted that in the current environment that expectations need to be realistic, think all are aware of this. Mentioned personal relationships with Russian officials important in agreeing a deal.

Would love to know if the BOD have received offers, didn’t a recent update state Heads of Terms not agreed with prospective buyers. This would indicate a fairly high level of discussions, but as yet no agreement to progress discussions to a formal contract.

Noted Poly wanted to get this deal done and didn’t want to drag on.

I think for the majority of people the situation is totally unbelievable.

My personal opinion is that the only way I see this currently ending is Ukraine showing a willingness to sit down with Russia, and that will mean ceding land, that is going to hurt!!!!

The alternative is more death, more wasted money (though some countries benefit)

It requires a new approach in order to resolve.

I didn’t say it would happen, I believe that potentially that is what it will take for Russia to take a different direction.

Like it or not, events have taken a bad turn for Ukraine.

I sense that perhaps reality is starting to dawn that the way out is for Ukraine is to cede land, as much as that will hurt.

The West is struggling and in some cases showing reluctance to provide the finance/tools Ukraine are asking for.

Russia are apparently prepared to sacrifice the manpower as required and obviously have significantly more manpower .

Unless there is an uprising in Russia I am struggling to envisage how the situation will improve for Ukraine.

Perhaps they get the equipment they are seeking, are they seriously going to take back the land currently held by Russia, unlikely.

Reading numerous articles in regards to how the everyday Ukrainian believes the war will end.

The overwhelming thought is that it will involve “diplomatic compromise” and unfortunately this will mean the ceding of land.

Any right minded person should realise the likelihood of Ukraine winning this war is extremely slim, other than NATO going all in, and that is unlikely to happen.

The idea was for Ukraine to get in a position of strength in order to negotiate, currently that position is not looking good.

Del - My point is if the aim of an EGM was to remove CS and get someone else on board, once assets sold then what for this new individual.

I’m extremely frustrated and have been for some considerable time, and have a very significant holding.

To call an EGM without a plan, without alternatives is a complete waste of time.

No more comments on this from me.

Call an EGM to achieve what?

Replace BOD members with who exactly?

Are there quality potential candidates out there with strong Russian relationships, a history of corporate deals, that are sufficiently qualified to take up a position and would want to join.

Once assets sold, then what?

Someone is dumping?

The trade after the bell was for £300

You seriously think Russia have a genuine interest to go on invade Poland and alike.

Seriously?

Unfortunately people have the capacity to accept what some in the government put out there.

Wasn’t that long ago we went to war in Iraq, based on what the government at the time said………..shameful.

And still post endlessly!!!!

I realised this question was asked, but a regulatory reply was given.

I’m sure all genuine investors have asked this question to themselves.

Surely it can’t simply be a case of haggling over the price, it just seems to had gone on too long for that to be the sole reason.

BOB - Unclear why you say BOD played a blinder.

Surely investors are only interested in a sale.

Trading in Russia has far to many uncertainties for a UK listed company.

My only interest is a sale, BOD have constantly stated the focus is a sale and CS is seeking a retirement with a significant pay day.

As per usual, various scenarios being put forward, but pure guess work, trying to put the puzzle together.

One thing does it appear apparent, there is something going on.

Hasn’t Ukraine just killed 25 civilians in an attack on a market in the Donbass.

I really fail to understand what the current Davos peace talks hope to achieve without the participation of Russia.

This is the third or fourth such talks without the participation of Russia, just seems a complete waste of time.

I think the entire world is aware of the Ukraine peace formula, but again seems pointless to me without Russia being party to any such formula.

How does Essar fit in with the BOD Hong Kong and Russian comment.

I think perhaps Hong Kong could actually relate to any company in the world that has a presence in Hong Kong.

Tread - And you continually post the same message, why?

Friendsp asked the same question, care to explain?

tread : nothing better to do with your time than continually **** a company that you have no shareholding in.

really nothing better to do?

seriously nothing better to do?

What’s to pump?

Endless nonsense these posters keep saying.

Will a deal happen?

No one knows 100%, but investors invest based on research.

Based on what the BOD communicate then there are reasons to believe a deal will happen.

Have the BOD delivered yet? No

Has it taken far longer than shareholders anticipated? Yes

Has the conflict hindered the sale process? Pretty sure yes

I wonder these posters that keep telling us all it’s just a sham, I wonder would they refund any shareholders who happened to sell based on such posts. Of course they wouldn’t.