Member Info for GingerHippo

As has been said many many times, it is unlikely that they are considering a full company sale, but an asset sale. Hence the company will still be in existence to have the dual listing after they finalise the sale.

Can I point out the obvious?

You can filter anyone whose messages you don't want to see.

They don't have to have opposing views, but if their comments are not helpful to you, don't shout, just filter.

That the concrete floor should be 26.5p

https://giphy.com/gifs/first-half-they-had-us-in-the-inthe-y2i2oqWgzh5ioRp4Qa

Instant filter.
You can see WW3 happening but not a sale at a reasonable price.....
SMH

Yesterday's RNS:

The Board has actively ---(GH: we haven't just thought about it, we've taken action)---- explored the potential benefits of a Dual Listing, including provision of an opportunity for Russian investors to have easier access to a facility for the trading of shares in the Company, ---(GH: of existing shares, no-one said anything about dilution here. A basher made that one up)--- but no decision has been made yet---- (GH: we're not doing it now, but we're not rejecting the idea either).

The Company will make a further announcement, ---(GH: WILL make. Not intends, not probably. We will say something more about this)---when appropriate ---(GH: not when we've decided, but when it is appropriate to tell the market. Something will have changed by then).

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "While the Directors see the benefits of a Dual Listing, our priority is to execute on our strategy as announced". ---(GH: we're finalising the sale first, then we'll let the market know about dual listing. Again, this isn't something we've thought about and rejected. We actively explored it and so far it still seems like a good idea for after the sale is complete).

Seriously?! Why are we talking about primary school maths here?

Trading4good, 75% is based on balance sheet value, market cap, revenue, and two other criteria I forgot right now. If the asset sold is 75% on any class test, rule 14 applies

hhhhhhmmmm....

Wonder if a dual listing would help sort those types of shenanigans out....

I've finished topping up now.

A nice round number of shares.

That's it. No buying or selling until something major lands.

I actually don't think they'll execute Sonicboomboy.

If they were going to follow that strategy, there are others I'd like to see on the chopping block first.

But, better yet, hopefully they'll execute their business strategy and leave it at that.

SteJ, don't get sucked into pointless debate. What you said was correct. Leave it at that.

Diver, this is the way I see it. My opinion only.

The strategy as announced on 12 May is to sell MT** (possibly flanks too) and retain the JV and WK. Hence, EUA2 is a misnomer I believe.

So I think the plan is to get the JORC on MT, flanks and JV, then complete on Nyud and then finalise the sale of MT and flanks. This will leave EUA as majority JV partner with Rosgeo in Kola and operators of WK, and then the company might arrange dual listing.

The current price is beyond stupid. Jorc, Nyud completion and sale finalisation will all have massive effects on the price. The only question is how likely the market thinks these things are. The market says 50:50, maybe less. I say it's 99:1. That's why I've been buying and buying.

** The reason I say this is because the RNS seems to mention 3 separate developments:
1) we are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders.
2) We are also committed to the concurrent development of the Company in two PGM districts: in the Urals...etc
3) and in the second district of Kola, where we concluded the Rosgeo JV... etc

Totally agree, SteJ, it wasn't mindless ramping, the share price rose due to facts on the ground (that the BoD were speaking in public for the first time) and the implications of that.

12 May 2021:
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 enthusiastic to advance a potential deal.

20 May 2021:
While Eurasia and its advisers are focused on advancing our strategy as announced on 12 May 2021.

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.

15 June 2021:
All contributing to Eurasia's strong position to execute on its strategy.

26 July 2021:
As we are committed to the concurrent progress of both our operations and OUR STRATEGY as announced on 12 May 2021.

11 August 2021:
Making progress on the STRATEGIC OPTIONS that we have on the table.

The Directors are pleased that we are CONSISTENTLY DELIVERING ON OUR PROMISES.

26 August 2021:
Our JV with Rosgeo that is an integral part of our development strategy and a part of some of our STRATEGIC OPTIONS that we are developing with our advisers: UBS and DLA Piper.

1 September 2021:
our hard work on Kola…. is coming to a successful conclusion with DFS, JORC reserves as well as the EPCF contract already signed. The Board is committed to execute on THE STRATEGY as announced on 12 May 2021.

We are executing on Kola as we have done in the Urals, SUCCESSFULLY DELIVERING ON OUR PROMISES.

15 September 2021:
The Directors are delighted that we are making significant progress in all our work streams on both the operational front and ON THE STRATEGIC FRONT.

20 September 2021:
investors offered to support Eurasia's fundamentals and its STRATEGIC OPTIONS the ….. will further STRENGTHEN EURASIA'S NEGOTIATING POSITION.

16 November 2021:
AS WE CONTINUE TO SUCCESSFULLY EXECUTE ON OUR PLANS.

23 November 2021:
our priority is to execute on our strategy as announced.

I don't think they would have said JORC will be released shortly if they thought it would be more than two months.

I don't think they would have accepted an invitation to speak in public if they thought they would have to cancel because the major news will have not yet arrived.

Yes, I'm feeling frustrated, but I reckon the BoD might be a bit frustrated too.

It must be so close........

Also, gentle reminder to our dear MMs that 26p ought to be the concrete floor.

I said last week that the fact that they were speaking meant we would get an RNS because they wouldn't be able to speak publicly without one.

I was only half right. They couldn't talk without an RNS.

It didn't occur to me that they would just cancel the talk entirely.

Another lesson learnt in what ought to be a career of constant learning.

But, the fact that they still can't speak in public means that things are still happening behind the scenes, so just need to continue waiting.

I've stated my opinion already, but at this point I think it's a pointless arguing about whether there will be an RNS today/Monday. Not long to find out now.

https://twitter.com/rdv_analytics/status/1461000082103455749?s=20