The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I admit I got the requirement for the placing wrong,
Why did I say it would not happen?
Because the company had previously stated they would NOT further dilute shareholders,
And because they had previously stated they would fund operations from organic growth going forward,
WHAT none of us envisaged was this curveball from out of the blue about nine more mines in a joint venture with Rosgeo, and the behind the scenes opportunity that was so good the company could not turn it down!
None of us minded that as it just grew the company .....
Just saying.
Nearly forgot to post today's hopefuls:-
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GeckoLovesGreed - 02/02/22 - Date of your late mum's Birthday!
Giant-Steps - 02/02/22 - (Mr Negative - Kick the can RNS date)
RiseAboveTheRest - 02/02/22
PhilipJM - 02/02/22 - Good luck with your baby's due date :-)
FilbertFox - 02/02/22
Mac4671 - 02/02/22 - Free guess :-)
Shaunyy91 - 02/02/22
Andynic57 - 02/02/22
Pubsshut - 02/02/22 - 2.22 pm :-)
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Bad luck, no RNS, always tomorrow :-)
Have a nice evening all,
Cheers.
Fair point ctc,
But if they were not happy would they not have pulled out of buying the assets?
We do know the sale is still ongoing, so I'm using some artistic licence to make sense of the current situation in my post,
If the sale was off, we would have to be informed,
As it is still on, the buyer must presumably still be happy?
Roger, you are a danger to real investors ....
If a company such as EUA has worked hard for years as a mining exploration company and has been approached from the outside to sell some of its assets, as they are deemed now to be very valuable, where they weren't so valuable in the past,
And this outside company has done its due diligence and is happy with the results, as has been RNS'd, do you really think the company is going to just sit around until it sells its assets?
No, it will carry on with the day job in expanding its portfolio of valuable assets, because it can, it has the connections and is in the right place at the right time,
If you had a valuable car, and someone offered you diddley squat for it, would you sell it to that buyer, no you would not!
The sale is still on, how do we know that? because EUA has NOT informed us, shareholders, otherwise!
The fact the company are just getting on with the day job just reinforces their standpoint of pay us the going rate for our assets if you want them,
Sale still currently ongoing, buyer presumable happy, price to be paid still being discussed/negotiated, ..... meanwhile EUA v2 has been mentioned to us shareholders, and forthcoming 80% min dividend of earnings has been talked about going forward,
If you are a weak-willed spinless investor who now has unfounded doubts about your investment here, just sell and go forth!
Until you can come up with ANYTHING substantial to back up your personal doubts, please don't come on here to just spread FUD, the rest of us here are happy with our investment decisions at present ....
Cheers.
Haha, Ohmni, It was indeed a Misclick, I did not even notice till you remarked about it! phew .... cold sweat :-)
EUA is a strong buy in my book, nothing but good news has the company so far released, so until that changes it will remain a strong buy by me!
Haha, I take it back, YOU are the first, you posted it up on the 31st January, You win....
Lillykay
Posted in: EUA
Posts: 2
Price: 21.50
Strong Buy
2/2/22 at 2.22pm divi £2.2231 Jan 2022 07:56
Imagine, on 2/2/22 at 2.22pm announcing a divi of £2.22.
EPIC!
You win :-) appologies.
Sorry to disappoint you, LillyKay, but you are NOT the first to come up with that :-)
The prize goes to:-
Shaunyy91
Posts: 119
Price: 22.20
No Opinion
"222p" Tue 20:34
Here’s hoping for a 222p rerate at 2:22 pm on the 2/2/22 :D
:-)
Good morning all,
A new day beckons,
Today's hopefuls are:-
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GeckoLovesGreed - 02/02/22 - Date of your late mum's Birthday!
Giant-Steps - 02/02/22 - (Mr Negative - Kick the can RNS date)
RiseAboveTheRest - 02/02/22
PhilipJM - 02/02/22 - Good luck with your baby's due date :-)
FilbertFox - 02/02/22
Mac4671 - 02/02/22 - Free guess :-)
Shaunyy91 - 02/02/22
Andynic57 - 02/02/22
Pubsshut - 02/02/22 - 2.22 pm :-)
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Good luck everyone,
All the PGM's in our basket are up!
Even the price of oil is up,
Here's to a good day for EUA,
Cheers.
Good evening all,
We even ended the day blue :-)
No RNS for today's hopefuls:-
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AgentB - 01/02/22 - Start of Chinese New Year!
Mick-L - 01/02/22
RailwayPete - 01/02/22
Sean12345 - 01/02/22
Riki - 01/02/22
Tenantry - 01/02/22
Sharegar - 01/02/22
Markeurasia - 01/02/22
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Bad Luck everyone, the start of the Chinese New year did not reward you!
Have a lovely evening, and just see what tomorrow brings,
Cheers.
The positive posters among us here have been posting up good company facts from the 0.5p day's,
The company has only ever done things that will one-day reward investors handsomely,
The company has a great BOD who are heavily invested in their own company, and are not offloading any stock,
Lot's of ... 'get rich quick' ... types jumped in on the bandwagon,
The share price went up to about 42p at one time,
Due to a worldwide pandemic, and a prolonged sale of company assets that when sold would enable the company to be able to issue a significant special dividend, we believe this would amount to over 80% of the monies received from the sale!
But, because this is taking longer than some expected they are cashing in and moving on to pastures new, such as Crypto or Pharma stocks, which do certainly move a lot faster,
I like to invest in a company that 'HAS the GOODS' already, this company has already done the donkey work, it was approached from the outside to see if it was happy to sell some or all of its assets, NOT the other way round.
Its option over future joint ventures that cover up to nine more mines that it has paid for a two-year exclusivity over just add to what it has up its sleeve for investors,
It has already mentioned EUAv2 in an RNS, things don't get much better for the longer-term investor than a future dividend-paying company!
Most are happy to wait, as it is only time it is costing them, if you are not happy to wait, move on to another stock, simples.
It is funny how some love this share so much they named themselves after it, take MarkEurasia, he had nothing but praise when he first joined LSE to post about EUA, now he has lost patience, even though he is well in profit!
Don't believe in all this rubbish negativity posted without a shred of proof by those with an agenda, be it shorting or wanting a lower buy-in price, it is all R O L L O C K S :-)
The company has only just Tweeted it has acquired two new Caterpillar Excavators and has announced it is proceeding to buy TWO Electric dragline cranes as soon as the electric supply is fully commissioned to site!
You have posters by the name of 'Truthful' and 'Suttle' 'Toon' or should that be 'Cartoon' :-)
There are many and you can spot them a mile off, why are they here? well if you don't know you should not be investing,
They are not here for your health or to save your wealth, only pushing their own agenda, presumably, their own wealth is all that matters,
Don't get suckered in, they are not your friends!
The share price is currently up on the day, and we have until 18:29 tonight for an RNS to drop, you just never know :-)
Enjoy the ride, it has been a long one, but the prize just keeps on getting bigger by the day,
You all did your research and from that decided EUA was a good investment, don't let the negativity sway your judgment,
Good luck,
Cheers.
Good morning all,
Will we get an RNS today?
Today's hopefuls are:-
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AgentB - 01/02/22 - Start of Chinese New Year!
Mick-L - 01/02/22
RailwayPete - 01/02/22
Sean12345 - 01/02/22
Riki - 01/02/22
Tenantry - 01/02/22
Sharegar - 01/02/22
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Good luck everyone, some more news is certainly due soon,
Hopefully, a blue day for the share price,
Cheers.
Evening Evan,
I have been looking everywhere for some information, so thank you for finding that,
To it took ... Six police cars, 4 unmarked police cars, and after three hours a riot van with another 8 officers in full riot gear!
So Up to twenty-eight officers ....... Just to calm down and arrest :-
"A 55-year-old woman from Leigh was arrested on suspicion of a public order offence"
"She remains in custody this morning."
https://www.essexlive.news/news/essex-news/essex-road-cordoned-big-police-6575569
It beggars belief that is all it was ....
Did she threaten them with a rolling pin, or call them names!
I would have thought one nicely aimed 'Taser Shot' and she would have been taken down within five minutes of the police arriving ....
How much did that cost us, taxpayers!
That is a joke ...
On another note, no RNS today, and NO one was down for today anyway,
Have a lovely evening everyone,
Catch you all tomorrow,
Cheers.
Good morning all,
After all the excitement in my neighbourhood yesterday, so far I have been unable to find out what was going on, it started around 3 pm Sunday afternoon, and just escalated with the number of police continually turning up, after three hours and six police cars, 4 to 5 unmarked police cars, a Ford 5.0-tonne Transit type police van turned up and about eight policemen bundled out and opened up the rear of the van and then proceed to open a wire cage and put on personal body armour, black crash helmets, and perspex riot shields, they then joined the 20 odd police offices already in the small house!
It must be very cosey with 28 police officers in this small house?
The Riot squad lasted an hour before returning to their van around 7 pm, the whole thing went on for 4 hours from start to finish, with our road shut off at both ends for the duration.
All the police then started to move off, no paramedic or ambulance, a drugs bust would normally occur early in the morning, and not 3 pm Sunday afternoon?
And why the riot squad after three hours of the police being on-site?
Nothing has as yet shown up on social media or the Echo Newspaper.
Watch this space from your roving reporter in Leigh on sea :-)
Back to EUA, will we get some more news today, the last day of the month of January?
Today we have no hopefuls down for the game, but several for tomorrow the first of February,
Good luck all, so much more news to come, another JORC report will do for a start.
cheers.
I was coming in from the garage when I heard the noise of a police car speeding up the road, it stopped 100m up the road, a few minutes later more police turned up, this kept on going and now we have 6 police cars, 4 unmarked police cars, the road shut off at both ends and now a police riot van has turned up! about eight police tumbled out and proceeded to put on everything from built proof vests, black crash helmets with visors, and perspex riot shields and carrying some big black holdalls containing something :-)
All the neighbour's curtains are twitching, as everyone tries to see what is going on!
Now all these police are crammed into what must be the smallest house in the road, no more than a two up and two down from the front view and dating from about 1915!
I've tried the Essex police Twitter feed, but no joy as yet, Just amused as to what is going on!
28 police, 8 in riot gear, with presumably, guns, I might have to buy the Southend Evening Echo tomorrow to find out what is going on .....
If I find out I will update, if not, catch you all tomorrow morning .....
Cheers.
Good evening all,
Well look at that we ended the day blue!
Today's hopefuls of an RNS were:-
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Warbird58 - 28/01/22 - Happy Birthday!
Beresford2021 - 28/01/22
SaxonAxe - 28/01/22
Hawkspear - 28/01/22
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Bad luck chaps, no rns.
Time for a G&T as its Friday :-)
Have a great weekend everyone,
cheers.