Member Info for EthioEthio

"#EUA I can sell 3m shares for .58 and 5m for .55 Published spread is nonsense"

https://twitter.com/the_madstork/status/598753986548760576?s=21

He posted the above in 2015 - 8:37 AM · May 14, 2015

Had he kept his 5 million shares, its worth £1,400, 000 at today's share price.
When EUA sell for £1+ , you can calculate how much money would have been in his bank account. Even at 0.90p, he would have £4.5 million.

As it is, he sold out too early - Mistake number 1
In anger, he took out a short and lost what little money he made shorting EUA.

Now do you see why he's bitter? Do you see why he spends more time posting about EUA than those who hold a lot of share like Anders.

I looked at his history and you will not find many investors that have lost as much money as he has. I posted his bullish comments on shares which then tanked! The guy is clueless. He should not be advising anyone.

As per my post yesterday, Tom W is exactly the same. They knew about EUA before many of us but unfortunately, they're not smart enough to do what they should have done.

TMS - I have always aid you are a loser! Give it up

GLA

Why does Tom Winnifrith hate Eurasia.

There are 2 reasons.
1 - He knew about EUA before most of us. In the below link, you'll see Christian Schaffalitsky talking about EUA in 2014. Guess who posted the video on youtube? Tom Winnifrith! Had he take a few million shares at the time, when the SP was sub 0.50p, he would be like Mac, feet up, chilling.

2 - He then took a short out on EUA and started claiming all sorts but the share price has not stopped climbing. When EUA came back from suspension and the share price took off, he lost a lot of money (same as JUB Capital - they declared bankruptcy) and had to close his short.
That's why he's bitter.

here is a video he posted IN 2014 lol

https://www.youtube.com/watch?v=tHpIf9bKM0M&ab_channel=TomWinnifrith

By the way, CS even back in them days was saying their plan is to sell MT.
That's why UBS are in this and as DS said, the size of the banks involved should tell you what kind of deal we're involved in.
GLA

POAZ
License transfer soon to be announced. It's one of the 9 rosreo assets.

"That is, this is such a huge ore occurrence that, in general, one can only dream. We calculated the predicted resources and they amounted to somewhere around 336 tons of platinum and palladium.”

https://rosgeo.com/subdivision/szpgo/news/monchegorsk-mozhet-stat-platinovoy-stolitsey-kolskogo-zapolyarya/

"Vladimir Ivanchenko, leading geologist at JSC North-Western PGO of the Rosgeologiya holding: "Each gram of palladium now costs $50, 500 tons is 5 million grams, multiplied by $50 is $25 billion."

"Monchegorsk, the firstborn of copper-nickel metallurgy, has every chance of becoming the capital of platinum metallurgy. "Outdo" Norilsk and South Africa. Preliminary conclusions - the content of platinoids is high, the thickness of ore horizons is up to 50 meters. Precious ore - dig and here it is, "underfoot", almost on the surface."

https://rosgeo.com/subdivision/szpgo/news/stanet-li-monchegorsk-novoy-platinovoy-stolitsey-geologi-uchenye-i-promyshlenniki-na-poroge-otkrytiya/

P.S Konstantin Firstov was MD at Rosgeo when the drilling work was done. He's now at EUA, CEO Yuksporskaya Mining Company

Richard on twitter, I love your work. You've been fantastic for EUA and shareholders. Keep up the great work!

After last RNS and tweet , new investors will be taking position and shorts will be running for the exit door if they haven't already done so. The share price should keep going up. If it drops a little, it will be MMs tying to get cheap shares from the weak. I did a dummy sell on Friday and they wanted all my shares for just over 28 in one hit. It will be nice to see the share price going up to where it should be but it won't bother those of us going all the way. The BOD are different class! They're showing the rest of AIM how it should be done. Exciting times. GLA

If so, what are we looking at in terms of return? Here is my take
MT alone is multiple of our current MC. Take a look at below from a 2018 RNS

"The Monchetundra Project has an in-situ total reserve and resource value of approximately US$2.1 billion (an internal calculation based on London Metal Exchange November 2018 spot metal prices, and prepared for guidance only) and is now fully permitted for mining."
Released : 07.12.2018 07:00
RNS Number : 7541J
http://otp.investis.com/clients/uk/eurasia-mining/rns/regulatory-story.aspx?cid=403&newsid=1215201

Note, the price of metals was much much lower when the above estimate was given. For example, Nickel was ~$11,000. Today Nickel is double that at ~$22,000 per ounce. Palladium , Rhodium were also much lower. Also note, the above does not include MT flanks. Resources at MT flanks are multiples of what we have at MT. So you can add multi billions to the above estimation. All the hard work has been done and EUA going back to 2013 have always said it was their plan to sell MT.
EUA only drilled to 200m at MT. Rosegeo and tech today can dig much lower. If they go down to 500m, how much more will they add? Add WK and its flanks etc and you are looking at $$$$$.

These fantastic BOD are taking EUA to a level others can only dream. Another fantastic RNS today and the twit was even better. Those of us that got in early will hold our golden tickets. Those that get in now will still multi bag from here. The wait will be well worth it. A divi and another fantastic adventure with EUA v.2.0. GLA

To the mooooooon

My one question was how much of the profit would be paid out as divi and today's RNS gave the answer imo. #atbusinessend
GLA

My last post after EUA announced Eurasia v.2.0 was about an incoming dividend. We're now seeing progress in that direction. Investors love divi and more money will come in the next few sessions and if WINS stop messing about, we will be much higher than 24s. A massive payout + we'll keep our shares for the next ven. In the past EUA have told us they'll decide the cut off date. Loaded and locked! GLA

Another great RNS. We've had confirmation there'll be EUA version 2.0 like many predicted. What for EUA v 1.0? not hard to guess.

4 RNSs this month. EUA are in a hurry to give us all the info we need with regards EUA v2.0 , dual listing etc...why? imo, the big one we've all been waiting for is very close. Today's RNS is packed with info that will attract many green and hydrogen investors, esp from Russia. It seems they want to give investors as much info as possible on EUA v2.0 before they announce sale / divi. This give investors option to reinvest in full or part of their divi. If there's going to be EUA v2.0, there will be a divi. Clearly a company going places. Incredible amount of work being done by the BOD.

"Q5: If a dividend is paid, following a sale of assets, what would be the dividend date?

The Directors and management (being the largest shareholders in Eurasia) intend to proceed with a dividend payment as soon as practicable following a sale. The date from which a shareholder qualifies for a dividend will be determined when the terms for a sale are agreed."

"“A proposal from a credible party that could allow us to pay a significant dividend to all shareholders,” said Eurasia’s executive chairman Christian Schaffalitzky."

GLA

"The Board has actively explored the potential benefits of a Dual Listing, including provision of an opportunity for Russian investors to have easier access to a facility for the trading of shares in the Company, but no decision has been made yet."

The Board has actively explored the potential benefits - Chances of EUA exploring the idea and dropping it is very low. They clearly want Russian investors to have easier access and there's a lot to gain for EUA. Share price will shoot up if and when we list in Mscw. If a lot of PIs , IIs and Funds buy in Moscow, there will be less shares and it's going to be expensive to buy for all. Russians know all about Kola and its potential.

Share price is way below our recent placing 26p. Some people complain that we're cheap and some confidently buy at this level knowing it's only headed one way #North. Maybe this is your Christmas gift. Buy if and when you can. ALWAYS dyor. GLA

9.5% red is just mind games.
EUA must do something about the derampers. They must teach them a lesson like they did JUB capital. LTHs cannot fight these evil day in day out. There's too many of them and they're creating negativity. It's time for EUA to prove them wrong and hit them where it hurts. A re-rate Intraday RNS pls

CS

"The ERDC Agreement is a critically important milestone in developing *****our strategic options****** both in relation to the confirmation of ****our ownership titles****** and in relation to various ****tax and non-tax benefits adding further value to the Company*****".

Why would they require proof of ownership titles? Because sale is on or they're in talks for a major JV. Tax benefits is a major plus for the buyer.

License should be a given from here with gov support and JORC will follow with a major announcement. Shortly for JORC is still on. GLA

"The Board has actively explored the potential benefits of a Dual Listing, including provision of an opportunity for Russian investors to have easier access to a facility for the trading of shares in the Company, but no decision has been made yet.
The Company will make a further announcement, when appropriate."

If the BOD have been actively exploring a dual listing for Russian investor to have easier access for trading EUA shares and they see benefits in this, it looks like this is something they plan to do. Before or after JORC? If before it will make cheap entry for Russian investors. There's no need to de-list UK for a dual listing as some suggested, #dual. This may be to do with a reverse take over or EUA2 scenario which would mean some of the rosegeo assets and may be WK will be kept. Kola is massive , expected to be in production for 50+ years and investors in Russia will want to benefit. It's still hard to guess the outcome but that shortly is well overdue. Jorc should see us rerate. GLA

Roger65 -

from this morning
"Typical that when the price dips I can’t buy any. So bent."

You said you can't buy not dummy sell as per your last post. You're being dishonest.
You were frustrated because you could not buy the dip.

You're the moron and everyone can see that. You're not worth responding to. #idiot

roger65 - WHY WERE YOU TRYING TO BUY THIS MORNING if this is unattractive as per your last post??????????????????

You don't know what you doing.

Roger65

10.04 , "I can't buy. system is bent"
14:35, "The BOD are currently not creating share holder value" - all negative

You're an absolute nutcase! You're not an investor. Go to the casino.

roger65

Posted in: EUA

Posts: 654

Price: 24.75

No Opinion

Can’t buy on HL22 Nov 2021 10:04
Typical that when the price dips I can’t buy any. So bent.

Not hard to guess tomorrow is going to be a blue day.
Shorts will be closing. News or no news, EUA will be very positive on Monday to potential investors.If you're short and keep your short open, you're asking for trouble. Shorts closing means buying back borrowed shares, those trading will be buying back. Interesting sessions coming me think. We may get into the 30s. This is just my guess and i could be wrong. 10, 15% +
GLA

Depressing news. I'm very sad to hear about JT. Condolences to his family and friends.
I learnt a lot about the markets from JT. One of my fav on this bb. Loved his jokes abut Septic lil. We'll miss him. God bless and rest in peace JT.