Member Info for EthioEthio

offer up to 18.50

day light robbery from MMs :)

offer up to 18

already

I suspected this would happen. Massive tree shake. The weak will sell and that is a win for MMs.

so many peeps say it and not many live by it.

The chances of an asset/s sale here is 99%. EUA has what the big boys need for further advancement. The assets EUA has will keep one of the big boys at the top for 20+ years. This is a fight to stay top of the premier league.

If we only had 1 or 2 offerors, we would have had the offer announced by now. The fact that its taking longer is positive. It means 'several parties' are having a proper bidding war in the background. China NEEDS what EUA has with their climate issue. They'll pull out the stops to get it which is why they got CITIC in this. Other big guns are in there looking to take our WORLD CLASS assets. Someone with 40 years experience in the field (who's seen it all) would not call something 'world class' if it isn't. They have a reputation to protect. All you have to do is wait and ignore the negativity. The enemies of EUA will be hard at work. They'll be trying to take your sweets and you would have to be a kid to allow them. You can include MMs in this too.

If that 1% chance happens , which is extremely unlikely (see price of Rhodium, Palladium etc to know the demand and shortage) you lose nothing. You are still owner of these massive assets which we can mine but the big boys won't let that happen.

All you have to do is ignore all the cr@p that will be directed at EUA - if you can, fight it and chill. Having a cold guinness at the min :) It says, good things come to those who wait :) GLA

Mac, great work on this BB mate.

by the way, where are some of the regulars.

DS has been and will continue to be work in the FSP.
However, the day to day responsibility is not something he needs i think. He wants to fully focus on getting the sale sorted.
James must be sh@t hot with 40 years of experience. With his contacts, he brings a lot to the table. This team will do what is best for shareholders. I DO NOT for a second think any of this guys will be crazy to part with their shares at current sp when they know exactly what EUA is worth. UBS are not doing this for beer money. Relax peeps. Its a reshuffle to get best people working in best position. This is what you call team work for 1 goal.

8. That the Company's Articles of Association be replaced in their entirety with the draft new Articles of Association which have been uploaded to the Company's website at www.eurasiamining.co.uk/investors/AGM

9. That, subject to the passing of resolution 7, the Directors be given the general power to allot equity securities pursuant to section 571 (as defined by section 560 of the 2006 Act) for cash, either pursuant to the authority conferred by resolution 7 or by way of a sale of treasury shares, as if section 561(1) of the 2006 Act did not apply to any such allotment, provided that this power shall be limited to:

Go and watch DS's youtube interviews and tell us if that is a man that would sell at this levels.
DS knows EUA assets are up there with the best if not better. He knows in a few months what price he will get for his assets.

9Inch - If you think what you said will happen, i dare you to open a short :) Oh, you lost all your money shorting us before. better luck on your next venture once you've raised capital.

Great news. James will do the business.
DS will not sale 1 share. Anyone who has watched him knows his passion and knowledge of EUA. Don't be crazy. He will not sell a single share. James may buy a track load tho :)
GLA

Jakep
You're spot on. 28.50 - 19 = 9.5 / 28.50 = 0.33 * 100 = 33.3 %
We can make 30% in a day when MMs decide to let it go. Not bothered.Its always about fundamentals and not what MMs do. Google shows high of 26.25 which i think is wrong as sells did get printed at 28.50 from what i remember.

Jaime, the ordinary and special resolutions are listed on RNS 27 August, link below. After most AGMs, you almost always get resolutions passed RNS. If some don't, the details will be included.

https://www.lse.co.uk/rns/EUA/notice-of-agm-fkfkoahdz19uve5.html

That RNS will be ready and we should see it around midday tomorrow. That's one RNS you can bank on.

Big question is, are the MMs messing with us? We've now dropped 50% in a month. There could be several possible reason for this including placing, FUD (fear uncertainty and doubt started by well known enemies of EUA, TW etc) claiming weak PIs , shorts being opened on us again by PIs etc. For some, including myself , the drop in SP is an opportunity :)

positive
What we have not seen is IIs selling (fact, more IIs came in at 22.50), the BoD selling or even some of our own Anders etc selling Lol. If they did, we would have seen TR1s by now (a form 8.3 as we are in FSP). None of the big guns will sell because they know what's coming. EUA is in demand. Several parties are interested and when the bidding war ends, the winners will be those who held till the very end imho.

Note: MMs not only make money on spreads, they're also allowed to hold stock and make money from it, i've been told. Just like most long term holders, MMs know exactly how much EUA is worth and they're happy to take it down and hit stop losses, take out the weak and accumulate CHEAP shares which they know will make them minted very soon. At one of my stock, SP went down from £3 to placing price of 0.80, a huge test for most PIs when it went down to 0.65 and some saw that as an opportunity to load up when others sold at a loss. The sp is now 1.35. Those who don't top up at 18s and 19s will kick themselves for not doing so when the SP returns back to high 20s or CO sales for much more. I have had 1 top up at 12s, 2 at early 20s and will get 1 more if they keep us at this level.

No one knows why we are at 19p. What most of us know is where we should be. So - do something about it and help yourself :) GLA

TF, why. i hold a lot there. i'm holding till full sale. Why do you say that? Is it because of Tom W group?
TW lost 400k shorting EUA. A company called JUB capital liquidated due to EUA (short closed today, see below). Oils man Jim etc, all got hammered. What have you seen pls let me know mate. as you know, am big in EUA. Cheers TF
15-Sep-20 16:03:34 5.0655 14,500,000 Sell* 19.00 20.50 734.50k

https://uk.linkedin.com/in/adam-dziubinski-aa41609

Anders - They will definitely get that 55k. Adam (spikey) , bad mistake. Shorting should be illegal. He's cost his work colleagues their jobs etc

cluelessinvestor
i often see tdt at hzm. he even posted today. still around.

what are they waiting for........

Validaton:

In an evaluation of three validation batches, the test showed a sensitivity of 98.03% (95% confidence interval 95.03% to 99.46%) and specificity of 99.56% (95% confidence interval 98.40% to 99.95%).

These figures have been calculated following analysis of a total of 450 samples taken from individuals pre-September 2019 (negatives) and 203 patients who had symptoms of COVID19 or tested positive for COVID-19 PCR. and tested positive by a commercially available Antibody ELISA test (EuroImmunTM).

Results are from analyses performed at the Ulster University and Abingdon Health laboratories.

They've had since Feb to prepare for this. The flu season is here and people can't get the help they need.
This gov is a joke.

ITV news, testing is testing the patience of 1000s of people waiting to get tested.

Care homes saying its taking them 5 days to get a result.

GDR and others could close this gap but the gov will only buy from their mates. #corrupt
The tests they are buying are way below standard - as they don't get verified

Gov is too busy blaming the public and lack of technology

a lot of shares are in sticky hands, PI, IIs , Management. The chance of sp dipping enough to make a shorter decent profit here is low. The risk of a shorter doing his brains if (WHEN) EUA goes up is very high. Would anyone consider that a calculated gamble? We know rnsman on this BB. He would not short EUA. He's not stupid. Just an attention seeker.

Jakep95

When they take out a short, they are literally borrowing our shares. When the short is closed, they have to buy back the shares they borrowed. I think the process is sell then buy back. If they open a short and the SP goes up, they're foked. Which is what happened to JUB and Spiky.

sportbilly1976
Thank billy

Lets see if it will have a positive effect on SP tomorrow.
Also, the offer can drop now this is out of the way.