Member Info for Fr.Jack.Hackett

Mr OfficeCat, I don't acknowledge the term "genuine holders", my simplicity allows either people are shareholders or are non-shareholders. But if some (shareholders) find what I said patronising (they can state so - but nobody has yet), I am sure others may not - and maybe these others may like to read and suggest opinions.

Mr Bill, you stated " . . there is no reason for W.K not to be a decent money maker. . . ", I wonder if anyone at EUA also know this ? (rhetorical question)

Back in 2020 - EUA indicated target production of 64kozpa - but never indicated what decade this would be achieved.

Mr BobbyBingo,

Please also bear in mind whoever buys EUA - are buying now ("very hopefully" before end of 2023) and not in future years - we not yet in Terminator talk yet I hope.

I would suggest every accountant for any buyer are using the most pessimistic values for metal prices - and have limited view of future price speculation.

In addition - if such a company stating they have "very hopefully" thoughts of selling assets in 2023 - then they have already put markers down to any buyer.

EUA position is totally naked to all potential buyers - and EUA have made it clear to them.

The question is - if everyone who own (or will own) shares also acknowledge this position !

(risk v probability)

SHAREHOLDERS are the only ones who do not know the FACTS (unfortunately) as they do not have visibility of the value of the company they own.

Mr_Wolfe,

You asked Lenoman, but if you allow, maybe you ear my thoughts.

I think you also need to review various shareholders buy-in price:

For shareholders who bought-in from Q2 2020 and Q1 2022 - my thoughts is that for them - the BEST is for EUA to hold out through this dark period and take the RISK, holding out for a possible resolution to all hostile activities and THEN wait to see if Russia becomes an acceptable investment opportunity in the years to come. Problem is half the assets (platinum palladium) will lose value probably more than that of nickel gain. Probability (?).

For shareholders that bought in at Q1 2022 and after - I would consider most wanting quick return or else knowledge of 100% loss - just need it sorted quickly. Probability (?).

Its now all about the risk (and probability).

If any shareholders like to disagree with the pigeon holing above - please feel free to express your thoughts.

Which bet would you consider best : Luton to win Premier League at 1000-1 : bet £1, £100, £1000, £10000.

?

Mr Lenoman,

You stated you " . . thought all would have been done and dusted by end of Sept 2023. . . ", may I ask on what reason you had this thought.

For information - I take reason based on what's happening with other companies - and some have been "done and dusted" relatively quickly - however more importantly is what EUA themselves state in official release. They have not yet indicated anything to change from the "low visibility" as stated a few months ago.

As for your statement ". . . This place has become a farce. . . ", I think many would agree and that is probably why few now bother here (unfortunately).

Mr Chessmaster1234,

If your comment is valid and have basis - then why you worry if it makes people angry.

Answer to your question - don't know - sorry. However they should add further positive value on the RF evaluation assessment for asset sale (which I am sure will happen) - even the RF must accept these - and any buyer would not disagree.

Mr Shares,

I may have missed this - but you stated the BOD said "they were optimistic to finalise it this year".

It be interesting to read - as I still understand they are hopeful - or very hopeful, but it be encouraging if they now optimistic.

Mr Factory,

The COMPANY has stated it is " due to the sale process being Eurasia's main priority" that is causing them not to mine at WK - therefore not the sanctions.

Maybe fully true!!

" . . The Group leases certain of its plant and equipment. The average lease term is 4.5 years, expiring in 2025. . . . . Interest rates underlying all obligations under finance leases are fixed at respective contract dates ranging from 21.9% to

23.5% per annum."

"Present value of minimum lease payments £245,848"

Not generating "revenue" will make 2023 the critical year - as they stated.

Mr Pompal,

Are you not concerned that a mining company cannot mine?

". . . all the Eurasia Board members are engaged in contributing towards a successful outcome to this process. . . "

As DS is senior officer (not BoD) then this wording does not rule out earlier proposal that DS may be part of takeover.

". . The Company remains satisfied that its current operations are not prohibited under US, UK or EU sanctions rules. . "

It appears it is the sales process only that is stopping EUA completing its mining activities at WK.

Mr Pompal,

It's EUA's wording.

Mr Cogs,

no harm in highlighting the point - the sales process is the excuse for everything else not happening.

No metal concentrate has been produced at West Kytlim since the end of 2022

" . . . due to the sale process being Eurasia's main priority, no metal concentrate has been produced at West Kytlim since the end of 2022. . . . "

" . . . the Company is currently undertaking a review of its Homase production plan and forecast. . . "

Mr MH01,

They never took the 5% option earlier - maybe Newmont strategy does not include higher ownership of Havieron - at least for now. Maybe from their experience they foresee possible more lucrative opportunities down the line - after further capital expenditure is required.

Mr Rickstars,

I do agree with your statement that most AIM companies have been overvalued - however I also look into how much the overvalue based on info given in RNSs.

EUA had reason to be into the 20's and 30's a few years back based on possible future revenues from a 1000koz/year Pd eq mine in future years (they stated this in RNS back in 2020) - and palladium was booming 2 years back.

GGP never issued any company notification to justify price much above 8p.

Mr Wolfe & Seamus,

I am not sure where end goal in sight comes from - but I normally take what a COMPANY issues in an RNS as factually correct - and when EUA states they have low visibility concerning further update on the sales process - I take this as meaning they have low visibility concerning further update on the sales process.

I think in my last post - I may have stated that it appears many people on all shares tend to ignore information issued in an RNS whilst developing their theories and strategies - seems strange not to pay attention to what probably the only people really in the "know" actually state. Without being critical of them - I do find it strange.

Mr Wannabeloaded,

I am sure any pragmatic minded investor would state that GGP had no right being into the twenties let alone the forties. Its value - based on the data given from the feasibility studies and the percentage of ownership - always indicated a solid 7 - 8p.

If people review the information issued from companies which actually concerns future cash flows (annual mining production) I am sure most will agree.