Member Info for EthioEthio

It's business as usual BAU until a binding offer is announced.
EUA always intended to prove they can do it themselves and therefore, buyers need to come with top dollar. Work has not stopped and the FSP is running parallel to continued production at WK and development towards production at MT.
That's why they placed and raised funds and we still have £7m in the bank. The BoD are playing a blinder!

I always thought it would bounce when it gets near the placing price 22.50.
I had a little top up.
40k buy went at 23.50 top ask few minutes ago. Hopefully, it was the bottom.

Some 'explorers' have bigger market cap than us :)
We're miles ahead. We're in production with all licenses already obtained.
We have world class assets.
We have PGMs that are VERY rare and expensive.
Very cheap entry price for any newbie. We're almost at placing price of 22.50 where IIs paid £10million.

Our current MC is false and with no sale as MontyBoz says, we would still be higher that our current MC but there is literally NO CHANCE of a no deal here. Big firms working on no deal no fee basis speaks volumes. GLA

Alexei Churakov, owns a company called Venus Garden Holdings. In 2017 he purchased via VGH 27m worth of shares for a 7% stake in Eurasia's subsidiary ZAO Kosvinsky Kamen, which owns the West Kytlim project.
Alexei is very well connected to Senior members at Lesego Platinum Mining Company, including the now new CEO James with whom he has worked with in the past.

Alexei has sold his 7% stake in ZAO, as a buyer of Eurasia understand that they do not want someone else with a share, which explains why Alexei has not sold his other 10m shares as these are directly tied to Eurasia Mining itself and not a subsidiary.

The above is a copy paste from lse poster. I forgot his screen name.

Also note that AC has a lot of options he has not exercised still holds tons of shares.

It is possible AC did not sell and transferred 27m to Veles but this is just speculation. What is clear is that he's not going to sell anymore shares or options and he has lots of them.

If the 7% transaction is clearing things for a buyer, not only MT, WK is also being sold.

Some newbies are asking if a director is selling. They cannot do so as they are under FSP. It would count as insider trading.

#think #patience

MMs continue to frustrate PIs.
Nothing has changed with regards fundamentals. Palladium has a great future.

They've dropped us 7% since Monday. EUA can do 20 - 25% on a bounce in minutes. We have seen it before.

7% is not a lot but it's been done in a way that changes sentiment so MM can collect from frustrated , weak and short term holders.

Best researcher on EUA - Sir Alex
The man who found Tipli license before it was announced.

#EUA #EURASIAMINING Looking through Russian Media outlets, came across a very interesting article from the St. Petersburg Gazette (dated 29 June 2020), see attachments. Monche named platinum capital of world & they speculate it will provide ore to KMC (Nornickel) for 40 years

https://twitter.com/R1EXG/status/1362506334994857994

Peeps, forget what Rowka/Monty has to say. He will get back into EUA. That's why he's here.

montyboz

No one cares about what you have to say....
1 - we know your views pre stop loss
2 - you're cr@p at this investing game. Your RMS is top on the Share Fallers today, dropped 35% in one day. As a typical rainbow chaser, you got on it neat 5p and its now 1.7p. I did tell you, its the worse stock on AIM :) EUA is at the opposite end
3 - you were EXTREMELY bullish on MT before your stop loss. Claiming there's a lot more in MT than what we know.

A question you won't answer - WHY are you here?
Do you really think you can get 14p where your stop got taken out LOL

1sttimelucky

Not much to be honest but it may be a message than a purchase by a PI. Time of transaction seems strange and if you believe in old MM codes, 911 means pending news.

As for Monty's last message:

We've had
14 100k trades today
of which 8 are buys
and 6 are sells

6 x 100 does not sound like someone offloading. Just PIs looking to trade elsewhere . We had 100 x 33 buys recently and no TR1. As for the MIA, it may be IIs increasing but if they're below 1%, we won't know who they. All IMHO.

What we do know is the directors can't sell and AC has made it clear he won't sell (Transfer) anymore. I would love to see a move up to 30s as the bulls will return and calm a few peeps. I'm chilled, waiting for the recommended offer RNS.

18/02/21 09:26 100,000 24.28 24.00 24.50 £24,280.00 Buy
18/02/21 11:37 100,000 24.38 24.00 25.00 £24,380.00 Sell
18/02/21 10:01 100,000 24.64 24.50 25.00 £24,635.00 Sell
18/02/21 09:18 100,000 24.50 24.00 24.50 £24,499.90 Buy
18/02/21 10:01 100,000 24.64 24.50 25.00 £24,635.00 Sell
18/02/21 14:36 100,000 24.01 23.50 24.50 £24,010.00 Buy
18/02/21 12:18 100,000 23.90 23.50 24.50 £23,899.00 Sell
18/02/21 09:26 100,000 24.28 24.00 24.50 £24,280.00 Buy
18/02/21 11:41 100,000 24.38 24.00 25.00 £24,375.10 Sell
18/02/21 09:31 100,000 24.33 24.00 24.50 £24,325.10 Buy
18/02/21 16:12 100,000 24.00 23.50 24.50 £24,000.00 Unknown
18/02/21 16:14 100,000 24.30 23.50 24.50 £24,300.00 Buy
18/02/21 15:15 100,000 23.78 23.50 24.00 £23,777.70 Buy
18/02/21 10:01 100,000 24.64 24.50 25.00 £24,635.00 Sell

CAW1
At exactly 4:29:58 , 4:29:59 MM have closed with a 911. 3 times now. I very much doubt its a PI buying.

MM code - 911 - Pending News/Press Release On The Way

After getting the RNS yesterday, you would have to say the 911 were spot on.

JTMacs

Its now 1,923,490. Hope to find out more on this later.

Volume has been very good today. If it continues, MMs will have to let this go.

Rainbow chasers on RMS...Ouch...
Told them so about their crooked BoD. It seems they've been bullsh@iting their PIs and have been found out and removed. Their stock was up to 6p on pump, the rainbow chaser who got on at them prices massively under water. Poor Monty.

JTmacs
it's 1% of those with IG i believe.
Just pointing out that its decreasing.

JTMac
between 11:22 and 11:29 no trades were printed but the cul vol kept going up. MIA is near 1m. IG shows me shorts are closing. 99% is now long. We may see more shorts closing UBS side and buy backs happening today in the background. I think we'll see big trades printed later today and forms to show shorts have closed tomorrow. There's not much for shorts down here near the placing price. GLA

AlphaOmega
Not at all. I'm going all the way.
I use dips to top up.

We're trading at same level or half a point less than we did yesterday, . 3%down is a mind games by MMs.
They closed yesterday with a high UT. Every time they do that, i know we're going to trade side ways or drop a bit the next day. Not always! Looking at trades on my L2 and doing dummy sells, you can tell MMs are printing buys as sells. Some of the 22 buys are printed as sells.

Tilly

Ian or someone else here may have his number. The captain would never ever do a rowka Lol. Hope to see him back soon.

22 years at EUA
Commitment to environment, social and governance matters speaks of Gary's morals and values
I will be buying 22 shares at market open. May he rest in peace

We're not seeing round figures being offloaded. The seller appear to be PIs.
If you calculate missing trades for today, it comes to --- 194,268
Not a lot to suggest there's background seller. Monty has always been known for his weak calculations :)

The sells are all listed for everyone to see. II sells are always round figures and multiples of them.

After we dropped on the 27th a lot of traders , short term holders came on board. MMs are clearing those before the next leg up imho. It would be nice to have a hard bounce up to 30s but its all about the mega RNS. Keep in mind, not all sells printed are actual sells. GLA

From placing region of 22.50, we went up to 27 on flanks license approval.
We're trading below that at the minute which must be a bargain.
You would have to say DFS has not been priced at current level.
SP does not reflect progress made and is not a factor in the FSP. When you see it cheap, help yourself.
In-depth transparency around MT is restricted by Russian regulation. Gov commissioned a study just outside EUA's MT hold because they must have been shocked by the amount of quality reserve on our land. Speaks volumes about MT.

The FSP taking longer than expected does not bother me at all. Why, because the prices for our minerals are going up and will continue to do so and that peeps is what really matters as it helps/proves a point in negotiations. Leading analysts are predicting big future for miners as supply gets tighter. Some of the biggest mining companies in the world are paying massive divis to their shareholders.

I know some are getting a bit frustrated and that's exactly what the MMs want. Their objective is to get as many cheap shares as possible. If you get frustrated , you're practically dancing to their tune. It pays to look at the bigger picture. What we have is in demand, we have some top firms working for us and with multiple parties in a bidding war for rare assets, it was never going to be a quick transaction. IMHO, we won't see an offer RNS, followed by another RNS with a better offer etc. All the bidding war is in the background and the mega RNS will be the final offer accepted by the BoD.

When you see the games being played on L2 by MMs, you have to ask why. Have we seen it before? We did. They held us up at 16p/17p for ages before a quick move up to mid 34. A lot of peeps did 100% in short period. After receiving flanks license, the SP was below pre flanks :) MMs will do what they do, playing the long game will pay big here.

Lets not forget, blackrock came in at 38.85
The veles transfer was at 29
Most IIs loaded a lot higher than today's SP