Member Info for Ian_

Nowadays people seem to think money grows on tree's!

If you go back to the late 1970s early 80s just supose you wanted to buy a house?

You would need a mortgage from a building society!

In order for you to get a mortgage you had to show to them first that you were responsible and could save money first!

I had to save for several years prior to asking them kindly would they think of considering offering me a mortgage!

If you did not prove yourself to be a trustworthy saver you would be shown the door!

You had to have savings and the deposit and they would then consider you to be a worthwhile member and then offer you a mortgage! It was not a given! You were assessed first and if you did not cut the grade, sent away!

The same is true for having the means for EUA to issue stock at the drop of a hat, it shows to any money lenders that you are forward thinking and a responsible company to have this prempted condition to be able to issue more stock and raise funds quickly!

This is not necessarily to call the bluff of the buying out company, but it does show you have the means to raise funds, and not just for the amount of the shares, but to show to any money lenders that you are somewhat protected and a good businessman!

Hope that simple example helps to demonstrate.

Hi, James,

Yes, I agree the licenses could be a precondition to a sale, that is what I have suggested, but EUA doesn't have to spend any more money upfront, they have the two-year exclusivity right over them, so any buyer gets to take their pick!

Yep, we are all guessing, so we will see who was the closest with the passing of time!

Getting quite exciting for those who are invested, and worrying for the non invested I would say!

Agree with your last line! massive upside potential for shareholders.

Good luck to you.

Hi, James,

Ok, let's go with your view for a moment, Why would EUA spend to get some licenses that EUA already has a two-year option over? The money EUA would spend upfront would only be reclaimed from the buyer!

If a buyer buys out EUA, it will already have the two-year option to buy the licenses?

Yes, on your second part it might make some sense to you, but remember the BOD would like to get out and retire!

They have built this exploration company up over 25 years, they have taken shares at par in lieu of wages, they want their payday!

Just my view!

Cwebb07,

If you have your doubt, then sell up, I have my feet up and just awaiting the AGM outcome!

You, say there are fewer posts here now?

That would be true, due to the sad antics that happen here, most posters moved over to Telegram, there are 1724 on one, and 257 on the other, virtually all started off on here in the past!

gmf78, A1ex, the list goes on, just because there are fewer here means nothing, they just post elsewhere!

The company is not too big and Russian politics do not bother the Russian companies that EUA is the parent of!

If you look through the company presentations you will see that feeble question has been asked many times and Keith just responds, it has never been a past problem in all the time we have been in Russia!

Morning James,

I'm just pointing things out,

The fact that the company wants a resolution passed to enable them to raise cash, Is NOT the same as the company coming out and saying they want to do a cash raise!
YOU would be putting words in the companies mouth, they have not said that at all!

And yes, I'm saying they don't want to raise cash, going from their past experience of stating they would grow the company organically, and the fact they have shown no interest in using the Sinosteel loan, I think the company is virtually sold, and just tidying up some loose ends!

Why, do you think they want to raise cash?

They have already shown they have non-binding offers and are converting to binding, why would they change tack and start to mine now so late in the day!

These extra mines add to the companies value in a sale!

Sell with the extra value add, makes the most sense to me.

Optimist59, please change your moniker to Pessimist59! :-)

Good morning all,

I hope you all had a lovely weekend with all the sunshine!

Today's hopefuls are:-
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Hairy_Harris - 19/04/21 - Happy 44th Birthday maybe? ......  Just guessing?  :-)
Isomer - 19/04/21 - Happy 54th Birthday!
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Good luck!

Just remember the FACTS from the LIES being spread by those who have an ulterior motive!

The company issued a speeding ticket?
NO, the company did NOT issue a speeding ticket! it was in the middle of a sale and can neither comment one way or the other on how that is currently going!
And to reinforce that fact a few days later the share price exceeded the previous price with NO RNS issued!
-
The company is to hold an EGM to hopefully vote through a resolution to enable them IF they require issue more shares and a rights issue?
So, because of this new resolution, that just happens to have been voted on and passed in recent AGMs, posters now think that the sale has fallen through and collapsed and we now need to raise funds to go it alone ...... Er, wrong! it is only a resolution to ENABLE the company to be able to do so! what the company has said is it will reinforce their hand in the ongoing negotiations!

They have already said the negotiations are ongoing (that is a clue) telling you that the sale is still in full swing!

But, they will need to raise cash to fund the new 9 mines that they have got the first footing in with a JV.

Just remember that DFS suggesting the company mine concurrently from the companies existing two mines?

And the companies response, that is NOT currently their plan!

Rember that Sinosteel deal loan to get the company up on its feet and get mining in earnest! the company just keeps kicking that down the road!

So the company has a DFS that suggests that they ramp up production? ..... And they don't take it up!
So the company has access to a massive Sinosteel loan to fund this expansion? ...... And they don't take it up!
So the company has access to nine more mines and you think they are going to raise funds to go that route?

The company has already shown it has no intention of turning itself into a major miner BUT is saying IT COULD to any prospective buyer!

What the company says, and what the company does are two very different things!

Do not try and second guess this company you would miss the point!

They have bought in an EGM to get something that was missing from the last AGM signed off before the next AGM? ..... Why?

You can miss the point and think they need to raise cash?

Or you can think for yourself and try and see what they are trying to do?

To take on nine more mines just as you are about to sell the company makes NO financial sence!

BUT to take on unlimited expansion to seal the deal with a buyer at the last minute does!

If you think the BOD wants to raise funds by issuing more shares and dilute their existing shareholding in the process, think again!

If that is what you think, you be

Good evening all

No Friday RNS :-) Never mind!

Today's hopefuls were:-
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TJTHEDJ30 - 16/04/21 - Happy Birthday!
BunsenBurner123 - 16/04/21
TOCK - 16/04/21 - Happy 58th Birthday!
1FruitCake - 16/04/21 - After hours!
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Bad luck everyone, No major RNS today!

Have a good evening, and weekend everyone! that elusive RNS will come when we least expect it!

I'm In no hurry, I trust the BOD to do the best thing to enable them to gain maximum profit from their individual shareholdings, and by association, for us as shareholders, what is good for them is also good for us!

Take care all and stay safe cheers.

Sammy Miller used to use Platinum and other PGMs to decompose Hydrogen Peroxide in a very dramatic way :-)

You take a lunar landing module engine, modify it, and fit it into a fiberglass Ford Mustang car body shell!

It basically consisted of a very strong fuel tank to hold about 30 gallons of Hydrogen Peroxide, two Nitrogen bottles to pressurise the fuel tank and a 3" s/s straight fuel pipe with a valve to open and shut the fuel flow to the rocket motor!

Once the H2O2 liquid hit the platinum gauze in the rocket motor it would violently decompose into water vapor at extreme pressure and generate the thrust, all some 12,000lbs of it, or if you like – 24,000bhp.

Throttle is just ON or OFF, ultimate POWER is determined by how quickly you can get 30 gallons of H2o2 through the motor, and so the higher the fuel tank pressure the more power is generated! you can hear him regulating the fuel tank pressure in this video from 2002, where he is testing out his creation at Santa Pod.

Sammy would pull up to a reputed 13G and at the end of the run require 30 min to recompose, often bleeding from his eyes and ears!

He was a great showman and banned in the US at one time.

0-100mph in 0.36secs.

1/8 mile record 319mph in 1.60 seconds.

1/4 mile record 396mph in 3.58 seconds.

Born April 15, 1945, Test Pilot, Designer, Driver, Builder, and Instructor of Rocket funny cars, dragsters, and motorcycles. World quarter-mile record holder since 1975. United States Congressional Salute and certificate of Merit 1988. World ice speed record 1981. NHRA Division 1 Hall of Fame. Holder of 30 US track and state records. Builder of the world's first approved rocket car 'Spirit of 76'.
The man has a resume that looks more like an excerpt out of the Guinness Book of Records!
Here in Europe Sammy Miller is best known for his Vanishing Point Rocket Cars, 2001, 2002, 2003 which he ran from 1976 to 1986.

Due to popular demand, Santa Pod has brought Sammy Miller back to the UK for 2002!

Here is Sammy out of retirement doing some shakedown testing of his car back in 2002!

https://www.youtube.com/watch?v=GDD-E6dpXvE

Here is Sammy where he blows most of the windows out of the control tower from back in 1982!

https://www.youtube.com/watch?v=Jp_0oMQnhlo

Sadly Sammy is no longer with us, he died doing his day job!

Legendary rocket car pilot Slammin' Sammy Miller was killed in an accident on Tuesday 29th October 2002 whilst working in the Texas oilfields for his company Applied Force.

Samuel Miller Jr., 57, of Wayne, N.J., was killed and eight people were injured after the flash fire explosion at an oil well 10 miles west of Crane.

The incident was unrelated to any of his own work. Sammy's career was one of superlatives.

Just enjoy a few minutes of video fun, never to be repeated, sadly!

Only posted up for entertainment! Whist we wait!

And as an interesting use of PGMs of course :-)

Enjoy, turn up the sound first!

We are all aware of this recent great run happening on Palladium and the associated catalytic converter thefts!

Just a bit from the latest 'Which' mag also highlighting these ongoing thefts and their dramatic rise!

12 APRIL 2021 / MOTORING
Have you had your catalytic converter stolen?

Lisa Barber
Senior Editor & Which? Cars Editor

With case reports increasing, catalytic converter theft appears to be a growing problem. Have you been a victim? We want to hear from you.

Last month the BBC reported a surge in the number of catalytic converters being stolen in London. In August last year it said thefts in England and Wales had risen sixfold.

I’ve noticed an increasing number of posts on social media about the thefts: it’s clear that this is a problem that’s getting worse, not better.

They’re not just being taken under cover of darkness, either. People are reporting having their catalytic converters stolen in supermarket car parks and even while parked up in broad daylight. One local resident reported the thieves cheerfully waving as they drove off.

Those affected are, understandably, angry. Angry there’s nothing they can do about it, bar get a crime number to pass on to their insurance company. Angry that the thieves are so brazen. Angry that it all seems to be so easy for them.

Why are catalytic converter thefts rising?
To get a better understanding of the problem, we spoke with one of the garages on our Which? Trusted Traders scheme. We put the following five questions to IN’n’OUT Autocentres:

?? 1. Why is this issue growing so rapidly?

It’s always been an issue, but a jump from 2,000 reported cases in 2018 across England & Wales to 13,000 in 2019 shows it’s growing rapidly. Following on from repeated lockdowns the likelihood is that theft has increased as cars have been stationary in streets and driveways and not used for weeks. Fewer people out at night time can make thefts easier.

?? 2. How are catalytic converters being removed without anyone noticing?

Unfortunately, they are easy to remove, particularly on large vans and SUVs/4X4s as thieves can get under those vehicles more easily. Again with people being homebound in the evenings due to lockdown there are fewer people on the streets, making it easier to do.

?? 3. What happens to a catalytic converter after it’s stolen?

They get sold for the scrap value or the second-hand market. Prices have rocketed for rhodium, platinum, and palladium, with palladium selling more per gram than gold last year.

?? 4. How much could victims be forced to pay for repairs?

It could be as little £200 depending on the car and the damage caused, or in some cases even into four figures.

?? 5. What can be done to prevent catalytic converter theft?

We’d recommend parking the car in a garage if possible or a well-lit area, have a catlock device fitted, ensure your car alarm is set.

Have you been a victim?

The rise in the value of PGM's continues!

Good morning all

It's Friday, this week has gone very quickly, will the company release another RNS for us to dissect over the weekend?

Today's hopefuls are:-
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TJTHEDJ30 - 16/04/21 - Happy Birthday!
BunsenBurner123 - 16/04/21
TOCK - 16/04/21 - Happy 58th Birthday!
1FruitCake - 16/04/21 - After hours!
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Good luck everyone!

Until one or the other party confirms or denies it is all speculation!

You are better than that to attack someone without proof,

Just saying.

posted by mistake as an advert popped up and shifted the message box.....

Have a good evening all, cheers.

Evening all,

Today's entrants were:-
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MonkeyTom - 15/04/21 - Happy Birthday!
Jack61 - 15/04/21
Hawklaar - 15/04/21
Edfinvest - 15/04/21
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Bad luck everyone! NO major RNS today.

Although some here may think that because Kira001 and Frances post in similar ways they, therefore, conclude they are one and the same!

For balance, can I just say Kira001 may be playing you all, there were over two hours between Frances posting on Twitter, and Kira001 posting a similar post here?

Kira001 refuses to admit one way or the other if she is Frances or not, she has been asked several times!

Do not be unkind to Frances on Twitter, she has been a strong supporter of EUA and everyone is entitled to their theory!

Untill one or the other party

Afternoon, Pete,

Yes, it came as a complete shock to us about Gary.

So sorry to hear about your friend and his suspected dementia, things like that just come out of the blue are just awful, we take getting the odd twinge as just the norm in getting old, but don't expect to be struck down with something so awful!

Take care my friend and stay safe, you still can't be too careful out there, Joe public is not abiding by the distancing rules!

And I fear rates may still rise again.

All the best
Ian

Just back from a lovely breakfast meet-up, the sun was lovely and beamed down on us as we sat around the outside table keeping us nice and warm!

Penny, the hotelier, was so pleased to see us all and as we were the only guests for breakfast had the big table in the sun!

On enquiring how Gary her husband was since we last saw him last year, she said not good! she then went on to say that after they both caught COVID off the key workers that were allowed to stay at their guest house and got over that, that poor Gary was then diagnosed with motor neuron disease and kept losing his balance, he used to do the cooking and he now can't stand!

Gary, later came down from their flat and chatted to us for a while, walking unsteadily, even with the use of a stick! He jokingly said two of his oldest friends were going to come round this afternoon and push him around the park in his wheelchair!

He went on to say that if they were both fit it would take them about 6 years to recoup their financial losses due to COVID, and now that he had been recently diagnosed and was unable to pull his weight was not sure how things would work out for the future of the guest house. So sad, a lovely couple, and then to be struck down by this disease!

Health is so very important....

So to my observation this morning, haha, we all know WHO we have in our green bins, if not actually FILTERED and in there, we still know who not to trust on this site as they speak with a forked tongue and never seem to praise the company, only pick holes in positive posters or their posts.

Well, this morning it was so funny to keep on seeing 3 upticks to each and every time one of them posted this morning!

They just had to tick up the others post :-)

As I say, just a fun observation that stood out a mile to me!

At least the norm here is if a poster posts something that the rest here think is good it will get ticked up, but not by the exact same number of ticks!

There can only be 4 working on duty in the boiler room today! haha :-)

Do not look at the share price as anything other than just the price of a ticket to win in the company sale!

Its price is so disconnected that it is a joke!

You just need to be holding your shares when the company is sold if you want a chance to win!

The company is still in an FSP! WE have NOT been informed of anything to the contrary.

Things have moved on at an alarming pace and for the good of the company!

If you cannot see that every step the company takes is an accretive one, you are missing out on something fundamental here!

This BOD is top-notch in my view, and I can't wait to see if they release any more news during the upcoming EGM on the 28th of this month!

Good luck to the genuinely invested here, we all have a good idea who they are from their past posting history.

Keep up with the jokes captain Tilly, all the real investors love'em :-) some joviality does no harm at all and goes a long way to help pas

Good morning all,

Nice post Stonk,

Wish me luck with our first breakfast meet-up of 2021, this new COVID rule of only allowing 'OUTSIDE dining' when the weather is only 2'c leaves one with reservations!

Tring to eat a hot breakfast while keeping warm at a temperature lower than inside most people's fridges has lost some of its appeal for me!

On a nice sunny morning mid-summer no problem at all and very nice! I might see if I can still squeeze into my old thermally insulated 'Stephens' motorcycle clothing onesie :-)

Today's entrants are:-
----------
MonkeyTom - 15/04/21 - Happy Birthday!
Jack61 - 15/04/21
Hawklaar - 15/04/21
Edfinvest - 15/04/21
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Good luck everyone!

Be back later on, cheers.

Good evening all,

Not been a bad day weather-wise down here.

Today's hopefuls were:-
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LittleRedRooster - 14/04/21 - Your late brother's 60th birthday!
Chrisalfa - 14/04/21 - Happy Birthday to your wife!
Tharauk - 14/04/21 - After hours!
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Bad luck everyone, NO major RNS today!

Phoned the guest house to see if they are still trading? Penny, the hotelier answered and I said hello, Ian here of the Thursday boys, how are you keeping? She and her husband Gary were fine and the guest house was still going, just!

I enquired, any chance of breakfast for three tomorrow?

Yes of course, but it is all outside on the patio, fantastic I said, see you at 07.45 tomorrow!

The weather forecast is sunny but at 08.00 is only going to be 2'c :-( so better ask for some extra hot plates, or this first new breakfast meet up of 2021 is going to end up with us eating a freezing cold cooked breakfast :-)

Have a good evening all, cheers.

Morning 1144523, hope little 524 is doing well :-)

Yes, I posted up yesterday that Halifax will not send out the paperwork unless you have contacted them previously and then put a 'Marker' on your account to say you are interested in voting on corporate actions/AGMs, and then as you say you get the paperwork and pre-paid envelop to return your vote!

As the paperwork did not turn up yesterday, I contacted them by phone to make sure they got my vote in time!

I think Halifax might just be slow, and advise giving them a phone call, just to be sure!

Good luck mate.

Good morning, Tricky57, and all.

Just a reminder everyone to advise your broker on how you wish to vote (FOR The Resolution) ... This is Important!

You want to give the BOD your support in what they are trying to achieve!

If not, you are not investing in EUA's future and YOUR shareholding's future growth!

I have already voted 'IN FAVOUR' of the resolution.

Today's hopefuls are:-
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LittleRedRooster - 14/04/21 - Your late brother's 60th birthday!
Chrisalfa - 14/04/21 - Happy Birthday to your wife!
Tharauk - 14/04/21 - After hours!
----------
Good luck everyone, this is getting very interesting now :-)

Cheers.

Evening all, been around the in-laws since 12 pm, they must feel I'm undernourished or something as they fed me on two filet steaks, chips, and peas!

looks like I missed some fun here today :-)

Thought I better report on our only entrant and say sorry, no luck today to Hu44122 - 13/04/21 X

Signing off now as too tired and only just got back home, catch you all tomorrow, cheers!