It means we will open down as it’s a Wednesday, more conspiracy theories will be made up and no one will be any the wiser as to when this will finally happen. Anyway, back to mr beer. GLA
I gave up smoking on Saturday so I’m on day 6. I’ve been watching this share for a long time now but this week feels like Chinese water torture. Is that just the smoking or does everyone else feel like this, lol. GLA
There are a load of deferred shares and share options to take into account on top of the listed ordinary shares in play (although they may not be at full value upon sale, I can’t remember). Anything over a 70/80p and we are doing very well. GLA
Highland Gold offer was about £1.3b - £1.4b (including the debt they were carrying). I think they have 19Moz of reserves (not all of which are firm). This is about as good a comparison as there is at the moment. EUA metal basket maybe more valuable, extraction costs a bit cheaper and maybe more reserves. GLA
If it is NN then they would obviously want this on the agenda but that doesn’t mean it will be (either because it’s not NN or it is and they are unable to mention it). WK has had a cash injection (maybe influenced by the buyer, not sure) and investigations have been happening around MK for some time. I’m now lost as to what the pressure is on a date for the buyer (if WK is set up how they want it for the new mining season). Can only be good if they are firming up all the goodies in the ground though. Time for a beer. GLA
Comparing the SP to the sale price is a waste of time as the value is increasing all of the time. It was 7p when they entered the FSP. If the deal isn’t announced for a while and further good news is released then the SP will rise further. It’s a moving target so I don’t think the 2 are connected (although I agree they usually are). GLA and have a nice weekend
Hopefully this gets over the line soon and before the build up to the next lock down post Christmas. We’ve missed the low’s but I have a feeling we will see them one more time. GLA
James Nieuwenhuys, Eurasia's CEO and Executive Director: "In my new capacity as CEO and Executive Director I will continue to work with our advisers on the sale process of the Company and its world class assets, Monchetundra and West Kytlim, leveraging my relationships made over more than 40 years in the mining industry and securing a deal beneficial to our shareholders". Hopefully we won’t need to worry about it. GLA
The word ?????? translates into deal, transaction, business, a sale or trade, or proposition. It can also translate into bargain (not so good), lol. GLA
RE: Engagement with CITIC and VTB Capital Oct 192 Nov 2020 14:14
It was 7p when they entered the FSP so it is already 4 times that so no reason to think it won’t go up many multiples again before conclusion (if news is released) or on conclusion. GLA
From the recent interims RNS... Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain. Nevertheless, we look forward to updating our many long-term supporters and new members. Hold for gold...GLA