Game 1 - Guess the date of the next major RNS:-13 Aug 2021 09:07
Good morning all
Today's Friday hopefuls are:-
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Arsenalles - 13/08/21
MagnumPEye - 13/08/21
Aspenwood - 13/08/21
HotShot69 - 13/08/21
Testingthewater - 13/08/21
PostmanPorsche - 13/08/21
Pepsicle - 13/08/21 - After Hours
Knuckles1981 - 13/08/21 - After Hours
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Good luck everyone!
There does seem to be an inordinate amount of investors unhappy, citing the time this is taking, and, in their opinion, a lack of Juicy details within the company RNS's.
Let's put some truth to this!
Most people here NEVER knew anything about little old EUA, until the last quarter of 2019, when that BANK RNS was released, putting a fire under the share price! it had just trickled along for years!
Seeing EUA zoom up the leader board, investors and punters, ploughed in, hoping for a quick profit!
Quick profits were made, but then the true longer-term investors saw the potential that little old EUA had, buried within its acreage, and decided this stock was a great long term hold! .... I mean, even the BOD held masses of their own stock! Not a normal AIM company thing for directors to actively buy into their own stock, most just get out asap, knowing their company stock is not worth holding!
EUA is currently in a fantastic position, it has NO real debt, has millions in the bank, and is starting to make some money, ridding itself of the useless contractors that were a liability, and the reason for the incorrect mining licence application, that capped the minable output to such a low level, this has now been corrected, and EUA now mines as an owner/operator saving itself 70% in costs, and ramping up production with the introduction of, now, three wash plants!
The company is even in discussion with the procurement of an Electric dragline crane, which will massively increase output, whilst driving down production costs, to increase final profit! ... The Day Job! ... Whilst still in discussions to offload some company assets, to enable the company to pay a dividend to its shareholders if and when!
In the meantime, little old EUA that represented Russian mining at EXPO has now bought a two-year option over a Joint Venture with access to nine more mines that will give access to another 104 Mil ozs for an upfront ongoing cost!
Meanwhile, the company is forever expanding its exploration licence by 5 km rings around existing discoveries!
This is not a one-trick pony!
You have the possibility of a quick return, and also the longer-term company prospect!
Oh well, each to their own, if you are not happy with your investment here, the only option is to invest elsewhere!
I'm very happy, and have asked Keith by email what the total throughput of the three wash plants is?
No answer as of yet, and I may not receive any, does not mean I don't trust the company just because I don't receive an answer!
Good luck all, cheers.
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