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Mr H , you should be Mr HeHaw .....

GOODBYE

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A dividend for all shareholders PART 1

Part 2 the company advances to be amongst the top 10 PGM companies in the world ......, you have a chance of a free carry into that or buy when you feel like it...

Its like giving you the opportunity of Netflix very early on .....

500k, 250k, 250k, ....

Very good points IAN ..

A couple of highlights from Muesli Brown on Twitter - https://twitter.com/iMuesliBrown/status/1401175773126565889?s=20

DC here since FEB 2020 and hasn't seen an increase hmmmmm

Only a month ...UK-based mining & mineral exploration company - Confirms that it has received a proposal for the acquisition of certain assets, leading to the conclusion of the formal sale process.

The proposal in particular is from a "credible party" for the acquisition of substantially all of Eurasia Mining's assets, following the conclusion of the joint venture of Rosgeo where Eurasia will gain a 75% stake in nine platinum group metal and battery metal assets, with a total of 104.6 million ounces of platinum equivalent in reserves.

In addition, Eurasia has confirmed that the technical project for the West Kytlim site has been formally approved, with three plants set to be in operation this year.

"The directors are committed to maximising the value for all the shareholders, and we are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders. We are also committed to the concurrent development of the company in two PGM districts: in the Urals, where we have recently had our DFS and Technical project approved to expand volumes with 3 plants in production this year (as opposed to 1 plant in previous years); and in the second district of Kola, where we concluded the Rosgeo JV to significantly expand our presence both in PGM and in battery metals segments," says Executive Chair Christian Schaffalitzky.
As announced via RNS on 14 January 2021, Eurasia and its advisers have engaged with a wide range of parties interested in acquiring either the assets and/or the Company. The Company has more recently focused its attention, including providing due diligence access, on a limited number of potential bidders who had shown consistent interest in Eurasia and its high-quality asset base.



However, after conclusion of the joint venture with Rosgeo ("Rosgeo JV") in which Eurasia will gain a 75% equity stake in nine PGM and battery metals assets (four of which are post Russian Feasibility Study with state approved reserves) with a total of 104.6Moz of Platinum equivalent ("Pt eq") Russian Code reserves and resources in the immediate vicinity of the Company's Monchetundra Project on Kola (as announced on 26 March 2021), the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets. The Board has decided to focus on this potential asset sale.

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Happy Birthday Tilly...

Yeah UBS and Dla Piper must be quivering as they regularly check through the bb.....lol

Hey Robert missed out on ASOS then.......(not a cross ramp)....

Why people moan when they are about to be given FREE MONEY....

They spelt out the raise -
The net proceeds of the placing are intended to be used primarily to finance the joint venture with Rosgeo ("Rosgeo JV"), as announced via RNS dated 26 March 2021. The Directors have decided to limit the financing to £14,126,289 to keep shareholder dilution to a minimum and to focus primarily on advancing certain Rosgeo JV projects to production via EPC and financing contracts with minimum equity injections."

Christian Schaffalitzky, Executive Chairman commented: "The Directors are delighted, that an institutional investor is providing finance at the market price of 26.5p without a discount to help us develop further new projects in the low-cost open pit mining district of Kola where, via Rosgeo JV, we have significantly advanced our presence in both PGM and battery metals. The Board is confident that this strategic financing allows us to take Rosgeo JV to the next level, while Eurasia and its advisers are focused on advancing our strategy as announced on 12 May 2021".



James Nieuwenhuys, CEO commented: "We have deliberately kept shareholders' dilution to a minimum, leveraging our track record of signing an EPC and financing contract with Sinosteel. My experience working for several leading EPC contractors including SNC-Lavalin, Bateman and XCEL Engineering & Management combined with our Director Tamerlan Abdikeev's experience with Japanese EPC contractors, opens new doors. We are committed to our strategy of maximising the return for our shareholders while adding value to all our assets, including the ones within the scope of the Rosgeo JV".

Seriously ...a cult..

21ATS .....I can understand that some are frustrated ....most thought this would be tried up December ...Jan time and perhaps had deadline around that to move on ....and some bought near the peak and don't like the retrace...

However most of the range was in the 20s to 30s..... it spiked out of that.

The company wouldn't drop the FSP unless they thought it was the best way to move forward.....

The Nomad mentioned the dividend that could not be done without the agreement of EUA..

The Directors have more in this than any company I can think of ...

Look at the Large Private Investors they are Millions down on paper from the high......

They cannot release information which is still covered by NDA....there is and AGM......

There is plenty of information via ACF report, and the Russian document which shows the mine ...

NN are building a smelter twice the size of the previous one ......

If you are that concerned they are only an email or phone call away...

21ATS - That is nonsense .......... UBS and DLA Piper working for EUA, yeah the people who know how to handle the biggest deals in the world ...

DMITRY SUSCHOV
Mergers and Acquisitions Officer
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, therby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS.

Yes Dmitry has himself been involved in some very big deals ...

TAMERLAN ABDIKEEV
Non-executive Director
Tamerlan holds a Master's Degree in International Relations and Modern Japanese Studies from Oxford University and has held a range of positions in finance houses with an Asian and European focus including corporate planning at the State Street Bank and business development director at United Investments Japan. In 2005 Tamerlan joined PIMCO, a global investment management firm with more than US$2.21 trillion in assets, as part of the business management function across Asia Pacific (China, Singapore, Australia) and established the company's Hong Kong office in 2006. Later he relocated to PIMCO Europe in Munich, assuming responsibility for regional business development covering Russia, CIS and Eastern European markets. After returning to Tokyo in 2010 Tamerlan founded INVERO Advisors, an investment, strategy consultancy and M&A boutique focusing on private equity, project finance, global strategy, business development and cross-border M&A

CHRISTIAN SCHAFFALITZKY
Executive Chairman
EurGeol, FIMMM, PGeo, CEng. Christian has over 40 years’ experience in mineral exploration. From 1984 to 1992, he founded and managed the international minerals consultancy, CSA Group, now CSA Global. He was also founder of Ivernia West plc, where he led the exploration and discovery of the Lisheen zinc deposit in Ireland. Christian is also chairman of Kibo Energy Plc and non-executive director of MetalNRG.

And yes there is more ... and you know it....

I've mentioned a few times lets say you own 10,000 shares at the moment and the dividend is £ = £10k

However the following dilution dilutes your 10,000 shares to 70% of what they were leaving 7000 shares.

Going forward in production you have 7000 shares in a Fully producing Mine paying an annual dividend .....

What's not to like......

As for funding recently in Russia another Mine was funded to the sum of $7.8B in total - Total investment in the project is estimated at 570 billion roubles ($7.8-billion), Kremlin spokesman Dmitry Peskov said." -The first stage of the project - the construction of a mine with an annual capacity to produce seven-million tonnes of ore - will require 190-billion roubles ($2.6-billion), VTB and VEB said in the statement"

So there you go .....