Member Info for Investor_Tester

But would you risk that investment here with the lack of results ? As I have stated before, the opportunity is there but the lack of delivery is why this shareprice is langishing

While the spike to is exciting, I would share caution here.

The ceasefire is not a done deal and I'm pretty confident this plays to Putins advantage and he will throw a tonne of concessions that he'll want from Ukraine to support.

With this , a realistic UKraine /Russia proper ceasefire won't be forthcoming very soon and the shareprice here might be very short lived.

I do hope for all of you invested I am wrong, but the geopolitics and Putins strategies master class tells me this will be short lived.

All things in balance, at least this war is moving in the right direction for long standing peace, which is the most important factor for all

Couldnt agree more Odins, well said. honestly on paper, the opportunies here are multibag makers for sure. West Newton is now massive owned by RBD since Rathlin acquisition, all the Corallian stuff, the LNEnergy farmin (maybe get some revenue /cashflow finally rather than dilution all the time!)..

but all of it means nothing if S&S cant show how they can make any of these great assets WORK. All means nothing.

I do also hope that the change in UK Gov might help u turn focus on increasing and promoting efforts for O&G exploration, as this news alone will raise the SP.

im no longer invested here, but i see massive potential and considering a punt here with the silly market price here right now, which any individual event above positive news will bump the SP massively higher

GLA, i really do hope it works out for everyone

Profit is profit - enjoy buddy

You're forgetting no company ever sees true NAV values unless they have full throttle production , which EUA dont.

Added that they trade in a sanctioned country (and that , like back when Crimea was invaded) will take time to clear in any peace / ceasefire scenario.

now , i agree that the SP will increase, but to beleiv it will be 50p+ is rdiculous fantasy.

rememver, when the value of EUA was touching 42p, the commodoties for PGMs were at its highest levels - all of which have dropped dramatically since (Platinum - was 3k nor 1k an ounce ; Rhodiaum 22k an ounce now 4.6k and so on)

So, yes, the sp will bounce on ceasefire and any peace after and could hit 10-15p range once done.

the rest will be based on what the Bod finally reveal on the seller thats beeing around for over 5 years (if they ever were)

once thing that is granted, is the metal is in the ground and the prices of those metals change all the time, so it could well bounce again

anyways, just wanted to balance things here so people arent expecting stupid rises like meme coins and the like!

GLA

Best post in ages! Granted, EUA have accelerated their studies , number of blocks and PGM recoverables posiitons massively since the 40p days.

so on balance, very very consdervatively , you looking at 1/3 of 40p (lets call it 15p).

and thats 15p if and when there is peace AND importantly all sanctions are gone...thats a long ride to get there.

mind you we have all been proven wrong on this stock many times before and anything can happen

I am invested here for full disclosure with 1million shares, so alot to gain should this go anywhere near or above the 15p i stated.

there is alot to do to for EUA and would be nice if the CEO came out and have an interview about where they are and their views on geopoliticis events (within reason) for the benefit of shareholders.

in fact, considering the shareprice growth, i wouldve expected and RNS speding ticket saying that at the very least

All to their own

GLA all, nice to have a rise up here and my portofolio looking much helathier than a few months ago at least...on paper

They hold 2000 million (2 billion shareS) and they sold 3million (thats 0.15% of their entire holding)...come on guys its likely they want the cash for something , but its tiny in comparison to whats expected with good news here.

if they sold more than 20 percent of holding, then i would worry

i aint not concerned and i will HOLD for the productions news to come soon

GLA

Did you take into account the Metals pricing that has buy in large dropped over 10% since that time ?

its was double this before....hmm , this wont go down well

RBD needs to get that redrill in WN asap to raise confidence and the share price here

it was not a thumbs down, in the RNS it stated that FDA gave advice on what areas need to be addressed for a more successful outcome - i read that as encouraging and FDA willingness to support approval should the advice be addressed in IMM and Partners response to FDA next.

You're entitled to your opinion Gopnik, this has way more than 3 x in the mist. Ceasefore alone will double bag this SP.

As far fetched as it might sound, once things return to normal with Russia, EUA will too and we can look to 25-35p range - if not more.

Of course our strategy is disrupted now, not going to deny that.

But the assets in the ground is unchanged , hundreds of millions of tonnes of PGMs and nickel - both items in very low supply outside of Russia.

Whether it takes a year or 5, this stock is going to look a steal looking back

good luck with your other investments elsewhere

Very good question and still unsure myself. But the MMs make the market, not the investors largely.

2 things matter that will raise SP - 1) War situation ; 2) RNS on positive developments anywhere or another sanctions notice not impacting EUA.

Until then, MMs are pricing this as they see fit. Shorters trying to push this down hard and harder and is a coilled spring in my opinion

What the BOD can do, and might be useful in current state, is go into suspension. However, the BOD mates in Russia very very likely will be buying in heavy and will encourage them not to.

So, apart from paperloss in my face, has anything changed ? not really, the assets are firmly in the ground. Major change is how other nations will do business with EUA...but then EUA may not have to worry about that as selling things largely via other parties (Sinosteel and so on)

Best to let this Russ/UKR then ride out. Great opp to buy in my opinion, but then again , will have to watch carefully with this war progress largely and sanctions around it to understand risk to EUA.

Patience will pay, just how long it will take, is anyones guess

I cant see how it will happen without a fundraise from Rathlin, but once again RBD will take the lions share there as we have the cash to hand , but does leave precious little left in the piggy bank.

There's definitely a high risk / high reward scenario here if things go well and they do get West Newton pumping.....else everything hedged on Corallian and/or Cali sale.

I sold out regrettably at 0.15p, and keeping an eye of developments as i think this share has the potential to get back to its high post 1p if all lands well

Best bet is to call your broker and let them do it for you over the phone between trading account and isa.

Works fine and done asap

Good research , bought in on the back of this and the comparisons to GGP. Alot of potential here , especially being so close to UK and all

"Tosh a coin to the Witcher , oh valley of plenty , oh valley of plenty (cough) PGMs"

interesting research there Persi

TBH , never like the original Cali deal to start with.

My concerns are shared with yours in that it seems high risk that the acquiring business run it the way you said. Time will tell.

Then again , we arent expecting that business to turn into a $100mil mark cap business...no chance. $20mil perhaps at most if they get wells flowing nicely , little maintenance, get Grizzly finally done and so on.

So RBD did the right thing to give it to folks that are on the ground there , have expertise and skillset to help deliver.

Main part for me was that RBD doing the right thing in removing the operational responsbilities (and the laiblilities for maintenance etc etc) away from us.

Avoids a dilutive issue later. Of course we have to wait til Feb. 2022 to finally pass the baton , but yeah lets see what happens in the future

There we go, get some more skin in the game

Also hoping that with any sale, a share consolidation is made once our financing position is alot clearer...way too illiquid with this many shares about and need at least a 10 to 1 ratio done.

Timing the share consolidation with other news could has been positive for other stocks doing the same

I'm really pleased to wake up and see what was announced today.

You can only imagine alot of the recent 0.55p Strategic Investors that plough in £7mil in JAN this year put alot of pressure on the BOD to do something to get some returns on their stakes considering WN lack of confidence....THIS IS IT

Now how much is Corallian likely worth ?

We know RBD has a 49.99% share of Corallian
We know RBD has a 50% slice of £1mil loan to Corallian that can be converted to shares in event of acquisition
We know Victory alone (P2596 block) is estimated NPV10 £197mil NAV ( circa £98mil net to RBD)
We know other asset P2605 has Laxford gas discover (flowed 17mmfc/day) . resource estimate 81bcf , so go with half Victory value , net £44mil to RBD
Then we have prospect blocks of P2493 12.6TCF resource estimate ; P2464 / Block 3/18 = 107mmbo estimate (P10) ; P2504 10-20mmbo ; P2396 39mmbo oil discovery (was planned to be redrilled in 2020 – but got delayed due to Covid) ; P2478 174mmbo (Corallian holds 36% interest here)

Now , will all over that , even if you only consider Victory and Laxford , there is potential £140mil GBP coming to RBD either via cash or stock in acquiring business.

Let that sink in