Member Info for elcap

Well I am going to have to free up some cash for Monday morning. If this drops I am buying more. All these derampers and doom merchants with their predictions and negative views. What is a fact is that whether you are a deramper or a believer in this company, no one has been able to predict the last few RNS's. Things just got interesting and more complex. I like that. The more complexity and the potential big hitting investors the more money there is to be made. GLA. Elcap

Mannamead has decided to take upon Him/herself to dictate who is "part of the problem and who is part of the solution". I woudn't worry about it Shreddy. I've been told off as well. Apparently I'm not part of the solution. Oh dear.

You say you've been a holder for 5+ yrs, but only recently decided to join LSE chat. I have just glanced over your posting history. Every post is negative. You even go as far to say: You have never believed this company will succeed. Why then pray tell, did you invest in SAR in the first place? You clearly have an agenda, to try and depress the share price, depress shareholders, or a combination of the two.
I doubt you will influence the share price, therefore all that is left is an attempt to depress every one.
Please can you stop with the negativity, it's boring. If you do not realise you are being negative I woud suggest you have unresolved issues you need to seek help with.
Good luck.
I wish you well
Elcap

I've been busy all day so only checked in once this morning and again now. I can't be bothered to read all the posts from today, but looks as though Trolls have been bigging themselves up. Bottom line is there was always a strong chance of a step back today. Rightly or wrongly MM's will let shorters get out, and buddies to load up. I can see a further drop tommorrow before a rally towards the end of the week. Closing SP on Thursday I predict will be very close to, if not in the 40's. Let's wait and see. GLA DYOR

It could be a very good year for Elcap!!!! BRH set to fly. EUA - following yesterday's announcement set to fly. COPL in suspension as RTO set to fly.

I'm trying not to think about any of the above but I'm more excited than a 5yr old on christmas eve.!!!!!!!!!

Elcap

There may be a condition written into sale of everything (MT, WK & additional assets) but certain individuals need to stay on for a couple of yrs. My money is on the whole sale. Oooh it's exciting!

AIMHO

Elcap

Antelope - I agree. For whatever reason Rosgeo and New buyer of EUA want EUA to be the vessell in which ties the whole deal toegther. I can see scenario that EUA get fantasstic deal on new sites. Whilst this makes EUA (in theory) rocket. The new buyers buy EUA at a discount (But still at a much higer price than they would have paid). Thus enabling new buyers to own / have MT & WK and access to new sites at a discount. EUA take their much higher sale price and ride off into the sunset. Everyone's a winner. Remember the new buyers and Rosgeo are both much bigger players that EUA. If the above is what is happening then EUA have played an absolute blinder.
AIMHO
Elcap

Evan - I agree

I hear you Shardster- I think there is a much bigger game going on regarding EUA. I actually think the announcement yesterday was the final piece of the puzzle regarding the sale. A lot of holders are saying they think JV is now on the cards. I disagree though. The big hitters aren't stupid. Ths deal smacks of the buyers getting all their ducks in a row. IMO the Russian gov and the buyers have worked closely on this and the buyers will be the ultimate winners. One of the consequences of the announcement yesterday will be that EUA will also benefit massively. The deal will not have been done for the purpose of benefitting EUA, it's just a consequence of the larger deal / strategy of the buyers and Russina Gov. That would suit me fine though. I can't see EUA team staying on though. The board are getting on and I think it is their final hurrah. I could be wildly wrong but fingers crossed it should be a win win situation for all. (Now no more talk of EUA). Apologies to everyone else on this BB.

Elcap

Shardster - I am in EUA. My take on it is the bigger picture. EUA have gained access to loads more mining potential, Russian gov involved and given the nod. I think EUA buyers have also been give nthe nod. It gives access to mines that are up and running (EUA currently own) which can be used to process the minerals in the ground on the new sites EUA now have first dibs on. It looks like the final piece of the puzzle. The new buyers of EUA will inherit the new access rights EUA have just announced. All of which has been done under the watchful eye (sanction) of the Russina gov. On the face of it a very shrewd move on the part of EUA and their new buyers (identity yet to be announced). AIMHO Elcap

I think NHS / gov will be purchasing out testing. It's going to be MASSIVE. At present my kids LFT's purchased by school / gov are all from China. Boris will want UK products. Things are very much looking up!!!!!!!

Taken from the Sharetalk website:
The other big play of last year, still very much in focus this year, has been Eurasia Mining (EUA). The latest news from the palladium focused group, still in sale talks, is that it has signed a legally binding agreement to create a new joint venture with Russian state-owned company, expanding Eurasia’s world-class portfolio of mining assets on the Kola Peninsula. The Rosgeo Agreement allows Eurasia to gain a 75% equity stake in each of the nine new mining assets for just $0.5m. The remaining 25% equity stakes will continue to be held by Rosgeo. On the face of it this seemed to be something of a steal for Eurasia, instantly growing the already near £1bn valuation company to a new higher net asset value. Interestingly enough, if any sale price / deal had been in the mix before the latest announcement, it would either be much more easily justified, or may have to be revised upwards. As is EUA’s wont, the news came after the stock market close, ahead of which the shares were up 5%.

Multidivisional new media and technology business Iconic Labs (ICON) announced that it has signed a settlement agreement with EHGOF with respect to claims made by EHGOF in connection with alleged breaches of various finance agreements. New CEO Brad Taylor said that settling these claims with EHGOF was an immediate priority, with the goal now being to continue to work productively with EHGOF. The result of peace breaking out between the two parties was a 33% share price rise for Iconic.

While almost all the testing stocks have seen an element of disappointment/cooling off of their share prices in the recent past, Braveheart International (BRH) has been able to celebrate with a 48% share price rise. This came in the wake of the company’s revelation that the Paraytec team has used isolated lab-grown COVID-19 virus to optimise the operational sensitivity of its instrument for the detection of pre-symptomatic and early-stage symptomatic virus levels. Using this approach, the team has established a lower limit of detection of 1,000 virions per millilitre of sample fluid analysed. This would represent a significantly better performance than the lateral flow tests that are currently authorised for emergency use to detect infectivity and which typically have a lower limit of detection of 10,000-100,000 virions per sample.

Bloody shares are like buses. Wait for months and months and months then 3 turn up all at the same time. I've spent months (and yrs) watching other shares fly thinking when will it be my turn. Then COPL (last week) go into supsension as are in RTO. Looking positive for much improved SP on relist. BRH announce fantastic news on testing of COVID, Alzheimers, diabetes and cancer yesterday and EUA made their announcement last night. To say I'm excited is an understatement. Just need SAR to announce positive news and I will be able to pay off my mortage.

Apologies for cross ramping. A moment of weakness.

Come on Monday!! Come on EUA!!!!

Elcap

Whilst COVID is not the only reason for tests. It will be a massive opportunity for us. Every sporting venue, every major sporting event, every major concert venue will have a reduced capacity going forward. If for example Wembley had a 87,000 capacity before COVID, it will not have after COVID. I predict it will be around 60,000. (2/3's of old capacity). To start with I can see capacity being even lower. Testing will have to play a massive role moving forward. If sporting events can increase their capacity because they carry out rapid, reliable mass testing then they will do. Also the PCR testing centres wwhere you have to wait 48 hrs for results will change to our testing. Instant results. Picture the scene, you want to go to football match on saturday. The day before, or the morning of the game you go and get tested, the results are inistant and accurate. You can then upload your result to venue and can then access the game. No further COVID restrictions required in the stadium, thus increased capacity. Taking Wembley again as an example, capacity goes back up to 89,000.
They are even talking about vaccine passports for pubs etc. I doubt that will work as invasion of privacy so testing will also be needed. Then there's track, trace and test. We will all be getting tested as a minimum on a monthly basis, maybe as much as weekly.
AIMHO. DYOR
Elcap

Ndn who says the buyer is out of the loop on this deal. I think the buyer is very much in the loop.

Here is a farfetched scenario: Russian gov are very involved in overseeing the sale of MT & WK, they have influence in who gets the gig. As part of that agreement, The Russian gov have given the nod for the buyer of MT &WK to have access to these new mines at mates rates. In order to secure the sale and keep all legit. Russian gov give 1st dibs to EUA (whoever the owner of EUA is moving forward) on the new mines. Buyers (also given the nod by Russian gov) then proceed with orginal purchase so that they have the whole of EUA and access to additional mines at a knockdown price. Russian gov are happy, Buyers are happy. We are happy.

I've dipped my toe in the water here, purchasing £1k's worth last week. Gonna put them in bottom drawer and see where the SP is in 6 months time.
(Brighty - A pleasant surprise to see you invested in this one).

Elcap

Excellent RNS.

JC76 - My take on the following:

Since launching the Formal Sale Process on 1 July 2020, Eurasia and its advisers have engaged with a wide range of parties, and have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures.

The above paragraph states:
Eurasia have engaged with a wide range of parties.
They have received more than one non-binding offer.
Offers range from a possible acquisition or a number of different options (transaction structures).

There could be one acquisition offer or a number of them

You can read it either way.

Elcap

Looks like a buy as above the median. But who knows.