Member Info for Hallster

“RE: 9 trading days to goToday 07:42
Gosh, thanks for correcting me. Is there an AIM rule that says it has to be by 7am on that Friday?

8 days!!”

No problem at all Londontown. It’s in the RNS

It’s needed for 7am on Friday 29th May I think

Hi Ponkey,

For what it’s worth I think there is plenty of growth to come in the share price. I saw on twitter that a holder (can’t remember the name) sold their entire 17% holding last week. If that’s correct then surely our drop reflects that along with possibly some LTH’s quite rightly taking profits (deserved so for having faith long before me!) If you factor in the stop losses that would have been hit then this compounds the issue.

I feel that this is an excellent company, Covid-19 won’t be under control for a long time, in the meantime we have shown that we are well placed to generate sales and cash, this leads on to other R and D work etc, who knows where we will end up.

I also hold AVCT and very happy with that too but nothing I’ve seen elsewhere has made me change my mind about NCYT.

Nothing is guaranteed (obviously) but with the explosion in sales, the flexibility of the test (mobile testing etc) and the short period that all of this has been achieved is remarkable.

Sell tomorrow if you want, 50% profit is fantastic but you may regret it if things carry on as they have since March with this companies meteoric rise.

Oh Bbtablet “ I too have just over some shares but that isn't giving much away!“ - you are one of those! The grammar police!! Apologies, initially I wrote how many shares I held and then I removed that and replaced the number with the word ‘some’ and didn’t delete the words immediately preceding the word ‘some’ - sincere apologies that this caused upset.

Hi Bbtablet,

No problem at all, just to clarify (as I also like pedantry) that I bought my shares with an average price of 7/10ths of a penny. I.e £0.007 if £0.01 is a penny. If the shares were 1pence (£0.01) then I got mine at an average of £0.007. Sorry if I misrepresented this earlier. I am not sure that they ever went as low as 7/1000th’s of a penny.

“RE: one post +Today 14:59
This is looking like the Russians & Chinese will split this up in private. This will go to 0p and shareholders left bankrupt.“

Sorry DenFost but I don’t see how shareholders will
be bankrupt even in your really really weird scenario. I hold just over some shares, I haven’t borrowed any money to buy them and my average is way down at .007p per share. 7/10ths of a penny just to clarify. I imagine some others are in the same or better situation. I can’t imagine that anyone owes anyone else money for their shareholding (maybe the shorters do) so how do you suppose the shareholders will be bankrupt?

Also even if the company delists the shareholders still own the shares. So really what you are suggesting is that the “Russian’s and Chinese” are going to steal the company..... sorry DenFost but that makes you sound like a complete lunatic.

“RE: If we get removed from aimToday 13:52
And still, no one can bring themselves to answer fizzydrinks' question. How rude.“

I’ll have a go.

I think the questions were:-

1) Does anyone know how we sell our shares?

2) What price we may get for them?

In response:-

1) I don’t know.

2) I don’t know.

Follow up to my last message. I wish I hadn’t worked it out but at 80% ownership of MT and $500m we would get 13.79 cents per share (think!!) what’s that about 9p PS. Oh happy days!!

I didn’t mean that it was all for us and I’m glad you remembered it as I did, I thought it was a billion!

Let’s say $500m for MT, $500 mil for start up. We get a modest dividend and money to continue other sites and a true long term investment. Happy days.

“EUA failed to get a nomad like they promised, and it has been 17 days since. FACT!!! You can fail to meet your deadline by a day or two but 17 days? “

Ethio, it might be worth re reading the RNS of 9th April, I take the deadline to be 7am on 29th May, not 30th April as you seem to think. I know you have been here a while and your mood seems to have changed more negatively recently which is no doubt due to the stress of the situation but I really don’t think there is anything to worry about until we get to 7am on 29th May at which point we will have to review what options, as shareholders, are available then.

“ But I'd remind that we are in uncertain times and Norilsk had trouble raising cash a few years back..”

You may have missed that NN raised equity recently to clear some overhanging debt on better terms and leave a surplus of cash, from memory around $1 bil. I may be wrong, memory not what it was!

“RE: RE: Re; We will get a NomadToday 12:13
The payoff is those who have exercised their options.. and we don't know who has sold and we don't know if the BoD still hold.. they probably do but we still do not know for sure.. there may be shenanigans?.. But has the BoD after 20 plus years decided to steal our sneakers like Mom n Pop https://youtu.be/dwnanPuuCwk
But theres also the Maxwell Pension theft of £400 million, Enron & Madoff.. these things happen in spite of safeguards & watchdogs!”

You are absolutely right to be cautious when you think of those three examples but

Madoff was a ponzi scheme, since the shares in EUA are traded I don’t see how this is relevant.

Maxwell uses pension funds to prop up his failing business, OK he drew a wage while doing this but I don’t think it’s theft in the truest sense. Not sure how relevant this is.

I watched a really good film about Enron, that was complicated wasn’t it, the layers involved in the collapse, my memory is a little hazy on how the details worked but I don’t think people were stealing money, wasn’t it just horrific financial controls?

Either way there are so many good examples of companies NOT stealing, failing, etc etc.

I know these are worrying times for those invested and it’s natural to be concerned but until we are told one way or another getting caught up in 1980’s pension fund misuse by bloated billionaires or Bernard Madoff robbing Peter to pay Paul (literally) probably isn’t helping anyone’s mental health!

I am sure that if the board sold their 20%(!!!) we would have known about it, if not that absolutely meteoric rise with that level of sell off really could have been even higher! Wow.

Stop losses are a nightmare aren’t they! Not sure why anyone uses them certainly with this sort of stock, we have seen repeated tree shakes over the last few weeks and all the while the company report record sales! Looking forward to annual report and mainly CEO’s outlook statement this week

When this started I wanted a full company sale, sort of draws a line under it and it’s nice and clean etc etc but I think if they agree an asset sale (MT) and mine WK with some cash behind them then this could be the best of both worlds and a stand out performer. Special dividend, re-rate, ongoing earnings etc.

I’m getting ahead of myself but looking forward to the next few weeks. Birthday 26th May, we were supposed to be away, instead I’m hoping for a nice RNS to celebrate with (and a bottle of something)!

Hi Penguin,

Re your post today - new equipmentToday 13:10
If they have bought/leasing new equipment would that suggest a sale isn't taking place and they'll mine it themselves. Positive thing though, it's somewhat of an update and suggests the company aren't in financial trouble surely?

They have numerous sites but WK and MT are the ones most in the frame, MT probably for a sale, i’m going from memory now but as far as I am aware mining hasn’t started there yet, they are applying for the flanks licence (final stage of process now) having received the license for the main area a while ago.

WK is an ongoing mine, historically using third party contractors with profit shares but now fully mined by the company, lest we forget they are historically an exploration company, mind you I guess all oil, gas and mining companies have to start off in that way...... not suggesting that we get to Rio Tinto size haha!

There is a whole back story to JV’s etc over the last 20 years, Excellence on Advfn would know all about that having been invested for years, I only turned up in 2018.

Hope this helps.

Clever people. If the facts are a bit wrong apologies, not meant to ramp up or down!

Thanks mate.

Thanks Dale, and there I was thinking these forums are a place for discussion!

Ironically we follow each other on twitter, or at least someone called Brotherjoey with an interest in EUA, I’ve messaged him. I think this shutdown is starting to mess with people’s heads!

Anyway, onwards and upwards to a positive RNS

Sorry cut and paste issues!

Re - RE: New Tweet out today at 0955...Today 10:07
I would have preferred to see the new machinery in operation!!!

New to market - I believe that it’s new and been delivered etc etc etc.

Mind you could have just been taken at Birmingham plant hire company or something couldnt it. Oh wait, has Russian writing on the side... ok equivalent plant hire firm but in Russian, yes yes that will be it

:-/

RE: New Tweet out today at 0955...Today 10:21
Mind you they look like they are stood still or bone idle

New-to-market.

I believe that the machinery and trucks had just been delivered, that’s certainly how I read the tweets.

RE: New Tweet out today at 0955...Today 10:21
Mind you they look like they are stood still or bone idle

Dore, you may have missed the part of the tweet (it was a 2 parter) that the vehicles and machinery had just been delivered. Excavator and trucks.