Member Info for Eurasianite

Now this feels like it can drop anytime, we’ve had a bunch of solid big big buys in the past 3 days with the occasional whopper. Feels like it’s a mixture of fund money and potentially people in the know here. Wowowowowow exciting times. My watchlist keeps getting battered and yes there are some absolute bargains where you could doubly your money within a few weeks but it’s just too volatile out there at the moment. The value of our pgm’s is THE safe haven right now and although a little impatient I’m very comfortable. The end will be worth it guys!!!! This bod always surprises and we are due some sort of RNS

Why do 30m shares need to be bought? I don’t think they do it’s just an index

I’m now celebrating everyday without news! We have surpassed the average of 120 days for an fsp to be completed and now each day without any bad news keeps confirming even more the inevitable! Formal sale processes do not go on this long without some sort of sale. They would have notified us ages ago. Each day without news our deal gets closer and bigger than ever. Commodities are where it’s at right now. Board are reshuffled to ‘execute’ (I wonder what they will execute) vtb and citic here too (potential bidders or loan facilities for bidders) the almighty ubs who are experts at huge transactions like these and finally DLA PIPER world renowned for their M/A expertise. So comfortable waiting here around 30p with all the professionals making my money for me. A hard life it is

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Hi Ian

I’ve already had my guess which was back in October. Can I please have another go here for the 18th of November and a price of 88p. GLA this is endgame

What does this entail?

The board being recently reconfigured.... this don’t not necessarily mean a partial sale as they could still have this new board but under new ownership so full takeover

Well what are the in house lawyers for??? Ian rawlinson etc

Dale I don’t think DLA piper have been hired to drag it out through Christmas. These lawyers are swift at executing this sorts of transactions. In my eyes it’s a formality and will be with us when the bod and bidder want us to know

Imagine the scenes....you sell out now so close to the final hurdle.

So they approved the deal and haven’t said what it was. This is obviously us surely??? Am i missing something?

Are they getting it done sharpish because of
Lockdown?!?!?!

Firm believer of the Chinese here, does anyone know what company could potentially place a bid or would it be investors and/or government backed???

The usual suspects now seem to have disappeared, maybe they have finally gone long or closed the short. Whatever it is indicates to me 27 is most definitely the bottom and the next 2 weeks could be HUGE.

So now another week gone by, valuable time from
UBS
DLA PIPER
CITIC
VTB
being used up. The simple fact that we haven’t had a bad RNS means that things have being progressing positively for a long time now and if DLA haven’t done anything constructive and it was bad news we would have had it in RNS by now. We’ve had DLA on for at least 30 days now so imo a sale is now just a formality but it’s how complex the deal is which will take the time. Would like to congratulate all holders here we’ve made it this far, more good things to come

As we approach November, each day passes without an RNS we are just one day closer. The patient will be rewarded, the LTH will bask in glory. The facts and fundamentals are too strong here and DLA have been with us for a month. We will know before December imo.

Still here, this is easy when you know even if we didn’t sell we would turn MT into a 1000koz p/a mine, yes it would take a few more years. Anyone know what a 1000koz per year palladium Mine fetched in SP terms?

Mryfronts these REE’s you speak of... imho I don’t believe it matters wether they are directly on mt or not, if they are not then the buyer at mt will be able to apply for licenses all over kola. This is the ‘first mover advantage in kola pgm’ the company quoted in the last RNS.

Hate to point out the obvious folks but there has been no disclaimers in the recent positive RNS’ saying ‘we are progressing well however there can be no guarantee a sale of company or asset/assets will take place’ I know people have touched on this before but I think we should all be reminded again, this disclaimer is not present and all other info etc points to a sale. For example if one were to look at Curzon energy they have been in a potential rto for months but they always include the cautious disclaimer to cover their ass!
We obviously don’t need this disclaimer for a reason then SALE

Maybe the buyer doesn’t want the resource upgrade out there just in case it blows the black doors off the share price and it becomes too expensive for them, Eurasia might have agreed to this to get some sort of deal done