Member Info for EIE01

Creditable party has been at the negotiating table for over 2 years.

I would assume the fact a potential purchaser has been around for 2 years, then both parties can’t be a million miles apart.

As to what a figure the BOD deem acceptable, that is the big question.

What’s for sale?

The whole lot is for sale, it’s been stated before.

What offers received?

Stupid question, as that simply can’t be answered.

DFS will be made available once approved by appropriate Russian authorities.

The AGM isn’t a platform to justify the share price.

Currently the share price is detached from the reality for obvious reasons.

I really have no idea what any likely offers will look like.

The legal cases aren’t material !!!!!

What is so difficult to understand.

Rick - What would you like to know that wasn’t covered in the AGM?

Didn’t a research note from ACF state EUA’s share of Monchetundra flanks 40 Moz could be worth more than £3.3bn alone, equating to over 100p

Appreciate this figure will now be discounted by any buyer.

And UBS?

I tend to agree with del on this point, the wording could had been different.

To me the BOD are using more conservative wording, such as “low visibility “

In my opinion they are potentially speaking to different potential buyers, due to any offers that have been received the BOD deem such offers insufficient.

All guesswork, as always.

Strong possibility that we may need to have peace and a relaxation in sanctions before a deal completes.

I interpreted the latest updated fairly positively in regards advanced negotiations in regards the sale of condensates, which if realized will significantly increase the cash balance.

This board has become a joke, worse than a load of kids arguing in the playground.

Makes me wonder what you maybe like in everyday life.

Some people really need to take a long hard look at themselves.

Embarrassing and cringeworthy reading.

And US is aiding Ukraine to the tune of approximately $40b to date.

You think that is all for free?

Mac - We ALL know that the BOD wish to sell the company/assets, this is a matter of record.

The problem isn’t what the BOD want to do, it’s are the up to the task of doing it.

Based on the last 2 years or so I believe many shareholders are right to question the decisions/progress made by the BOD.

The latest RNS (not from 2/3 years ago) reads to me that very little progress has been made with interested parties and the BOD appear to have little idea as to how long this process will go on.

Reported that Lukashenko in speech saying peace negotiations between Ukraine and Russia could begin as early as Autumn.

Mac - But you copy an old RNS that refers to 75% stake in nine assets.

That isn’t happening, you are posting RNS information that is no longer relevant, surely you understand that is misleading.

I’m sure all long term holders realise NYUD situation.

Mac I take any RNS at face value, I just don’t understand why you are copying old RNS.

“However, after conclusion of the joint venture with Rosgeo ("Rosgeo JV") in which Eurasia will gain a 75% equity stake in nine PGM and battery metals assets (four of which are post Russian Feasibility Study with state approved reserves) with a total of 104.6Moz of Platinum equivalent ("Pt eq")”

Why copy this, it isn’t happening.

We know the company is looking at disposing of assets.

Mac - That is old information, and would be wrong to simply assume, all points are still applicable.

“The concentrate has a total net weight of 199.3 kg and a realisable value of not less than £4.1 million. The Company is in advanced negotiations with a number of parties to realise this value in the near future. These funds will be used to support the current mining season”

Realise £4.1m in the near future.

I wonder what the definition of near future is.

The accounts state that since Feb 2022 no revenue derived from Russia, as such I would assume these parties will be outside of Russia.

I am at a loss to understand why an RNS hasn’t been issued today.

If there was an issue with auditor signing off the accounts, then surely this news would had been released to the market already.

What possible reason could the BOD have for not issuing an update.

The article also refers to companies of paramount importance to the running Russian energy sector.

Putin's decree "does not deal with property issues and does not deprive the owners of their assets. Because external management is temporary and only means that the original owner no longer has the right to make management decisions,"

I wonder if Wolfe and Toffers are one of the same.

Wolfe being Everton fan and Toffers being a close enough nil name for Everton.

Doesn’t really matter, but some seem to get a strange enjoyment using two user names.

Yes I agree he said “No material offer received”

I would interpret that as offer/offers had been received.

If no offers had been received then I would expect him to reply no offers received when asked had any offers been made.

Sometimes you need to read between the lines.

Then I suggest you listen to the AGM if still available.

He was asked outright the value of the non material offer received and replied along the lines of “if I disclosed that then those in the room would be party to illegal information”