Member Info for funds4future

MrBasse is only here to tell us who he's filtered. NOBODY CARES.
If you're going to filter people because you don't like their contribution at least provide some kind of interesting contribution yourself.

Tilly, Mac and the other deluded 'investors' are probably still insisting 'the bottom' is somewhere north of 150p because they can't see anything other than a high value asset sale. They're all in denial but the reality for EUA at the moment is that 100% of their assets sit within a country that is being heavily sanctioned by the rest of the world. As of today, you could argue EUAs assets are worthless. A sale is highly unlikely to go through while there is war in Ukraine and sanctions on Russia. Hopefully this will all pass but for those that still hold, which includes me, this could knock us back for several years.

It's posts like this from Kammy that make this board the toxic cesspit that it is. Labelling anyone a shorter if they don't have absolute blind optimism is just dangerous.
A board like this should be a good mix of positivity and looking at the negatives. Every company has its negatives. Every share price drops even when it's generally going up.
There is never one side to the story.
It seems that those that are most optimistic about EUA are the holders that got in before suspension. The ones that have an extremely low DCA and are therefore still hugely in profit even when the SP drops. That's not the case for all investors though. Many will be sitting on a paper loss at the moment so forgive them if they look at the more negative side of the company.
Most holders will have expected the asset sale to have completed long ago but here we are 2 years later still waiting with no end in sight so forgive them if they look at the more negative side of the company.
This board would benefit a lot from a bit more objectivity, a bit more of an open mind and a hell of a lot more kindness.

Currently sat at around 13p so 100% increase from here would put us up to 26p. I guess I could have phrased it better but yeah, I meant we need to see a doubling of the current price to get to the comfort levels of the previous 2 years.

No one cares who you filter

Jonmo, the charts don't lie. EUA has spent most of the last 2 years in the 20-30p range so regardless of what people's entry points were, I think most will be a lot happier if the SP returns to sit at those kind of levels.

Being 50% up today is great but nothing to celebrate as we're still about 100% down on the kind of level we were averaging through most of 2021. OK so the SP doesn't really matter until the big RNS hits us but I'll certainly feel a lot better when it reaches the 25-30p comfort zone that EUA has held at before.

Have you ever heard of a guy called Putin? Totally crazy guy that has the power of the Russian military at his disposal.
As the sanctions imposed on Russia get worse, the actions of Putin are going to get worse and it'll affect far more than just Russia and Ukraine. Whatever happens, it's going to have global impacts.

Merc, the EUA Monchetundra Project is based on the Kola Peninsula which is in the North Western part of Russia just to the East of Finland. The EUA West Kytlim Mine is in the Ural Mountains which is kind of central Russia about 900 miles east of Moscow. Neither are near Ukraine but the fact that Russia is delaring war on Ukraine and basically the whole of the West in the form of NATO, EUA as a Russia based company is clearly going to be affected by the current events.

It takes a big man to accept they were wrong Mac but here you are less than half an hour later making more predictions that these events won't have any effect on Eurasia's business. That is something that nobody can predict. If Putin has shown us something today it is that his actions are unpredictable. If there is a prolonged full scale war between Russia and Ukraine/NATO then I'm fairly certain it will have an effect on Eurasia's business. I absolutely wouldn't expect the conclusion of any form of asset sale to conclude during a war. Obviously none of us currently know when the deal is due to be concluded but a war is going to delay things. Who knows, it could affect the value of the deal as well. It could devalue it or it could make the assets more valuable, who knows. We'll just have to wait and see but predictions are for fools.

You're delusional if you think anyone cares who you've filtered

BUt.....to add to what I've just said. At the moment all we've seen is Russian troops rolling in to Ukraine terratory. If bombs start to get dropped and a fullscale war breaks out, the markets could drop a hell of a lot further from where they are right now.

My thoughts on topping up go back to when the Covid lockdowns where first announced and the markets took a tumble. There were a lot of companies dropping up to 50% and most have recovered over the last 2 year and some have gone on to new highs recently. While EUA may be an opportunity for us, take a look at the market as a whole. There will be some that have dropped massively but will ultimately recover once the situation in Ukraine is resolved.
Now could be a great time to top up but do some research and top up in the right companies.

Why just stay away today? This is the most toxic board I've ever seen. It's not just today, it's every single day. Even at the weekend. Some of the behaviours on this board are disgraceful. It's the reason I very rarely visit.

As I said in response to the RNS, this story has many more chapters to it.
Today could prove to be a very good day to top up or we could see further drops in to single figures. Only time will tell.
One thing we can predict with almost 100% certainty is that there will be no completion of an asset sale while there is a war going on.

It may be enough said for today but the situation between Russia and the Ukraine is going to be changing on a daily basis so things could get significantly better or worse for EUA and many other businesses over the coming weeks or months.
This story has many more chapters to play out yet so don't get too excited.

They issued an operational update just 9 days ago which included the effects of Covid.

Tilly forgot to take his meds this morning

Yuri getting so much grief for speaking the truth. There's no denying that EUA has been a loss making company for many years which has meant no profits to pay a dividend from. Until a sale of assests occurs there will be no profits to pay a divident from. So in reality, this RNS doesn't really change anything. We already knew from last year's RNS that we'll be getting a dividend payment when/if the asset sale completes. The only thing this latest RNS adds is that EUA have a TARGET dividend payment of at least 80% of the Adjusted Net Income. Let's remember that the 80% is just a target. There is currently no guarantee we'll have an asset sale completed (although it seems highly likely) and there is no guarantee the dividend payment would be over 80%. There's also no guarantees as to when this potential payment may be made although as we've waited so long and things appear to be progressing, I'd like to hope we recieve a very substaltial payment within 6 months from now. Fingers crossed.

I'm not sure why people get so excited about rises like this with absolutely no news behind them. Until we get some news this is a false rise. If we get positive news at the end of the month then we may see a further rise but unfortunately this year has seen mainly disappointing news and an end of year summary could follow with further disappointment.
I was tempted to top up when this dropped to 0.14p but I resisted because if we don't see any good news in the next month, I expect this to drop even lower.
Fingers crossed for some good news out of SYME very soon.