Member Info for JezTheFez

Hamodeh,

Yes, I mentioned the comparison with PYC earlier today in one of my messages on here. If they can have so many bags then we are owed a few based on that RNS, surely? I think PYC 31 bagged in 1-2 days if my memory serves me correct. I have never seen a share behave like that before based mainly on pure hype. Hype as I also mentioned earlier is a very, very powerful thing when it comes to positive share price movement. It can force a share price up and up and away. Hopefully, we will see some of that exciting share price movement starting from 8am tomorrow. GLA.

Costello,
Your deramping on this bb is so old that I'm wiping the cobwebs off them. I've been invested here for 5 years when you were knee high to a grasshopper. I have waited my turn patiently for this RNS to land and have followed the story despite not posting an awful lot on here. I'm too busy getting into fights on the SOU and MYSQ boards these days - both shares I am invested in by the way.

I can honestly say that today's RNS is monumental for EUA and finally puts us well on the map. There is nothing you or any other negative poster can really say about that. Of course there will be buys and sells. That's how the market works. The general trajectory of the share price should IMO be heading upwards for the foreseeable future while our market cap catches up with the value of our assets. Enjoy! We all will.

Jez

Yes, shares that I have had for 5 years sat there in my portfolio are now beginning to actually do something, which is good to see and quite timely given the recent RNS over at SOU, since you mention SOU. My very presence there upsets the main protagonists on that bb. They don't like hearing the truth and they are unfortunately all hashtag anchored and deluded. I am invested there and 40% down so I'm not singing from the roof tops, but I needed to get a few things off my chest there today, which I did. My straight talking doesn't half upset some people....actually most people. Do I care? No, not really. My opinion is for me and I don't ask people to agree with me.

I'm a well known ramper and indeed deramper. This RNS though is monumental. 10 years in the making and the share price has been caught by surprise. This should now undergo a major re-rate. That's no ramp. That's a fact in my opinion.

Sorry, I was looking in the wrong place. Market cap currently circa £20 million.
We could be looking at a ten bagger then?!! Hahahaha!

So our market cap is £11.1 million.
The value of Moch' is $2.1 billion.
At present, there is 1.28 US dollars to 1 UK Pound.

Can somebody who is good at maths, do the math?! How undervalued are we just based on the value of Moch? Not including our other assets of course, like WK.

We also are DEBT FREE so that's also amazing news and a great foundation to start growing the company's market cap / value and share price with it. Broker target price of up to 5p - is that based just on this RNS? So it looks like we could be looking at 5x or 6x the current share price. I wonder how long it will take to 5, 6 bag? We'll have to wait and see. All I know is that our market cap is now grossly undervalued based on the value of our assets. Moch' was worth nothing without the licence in hand. Now that it has been granted, the sky's the limit.

I suspect loads and loads of buy orders will be placed now. People are going to want a piece of EUA in their portfolio. Well done to the EUA Team for working so hard to deliver this for us. 10 years of hard work has finally come into fruition. Very well done.

There are a lot of intangibles that it's difficult to place an exact price on. The biggest one being the 6-7 million unique users. A captive audience in one of the fastest emerging economies in the world is no doubt very compelling to any would be buyer or JV partner.

I find it very unlikely that we will go into administration. I trust the Bionic Man and his sidekick Chong to get us out of this quagmire and deliver a solution that will be to the benefit of the company and its shareholders.....whatever that deal may look like.

I'm still delighting over tonight's late RNS from EUA. Wow....just wow. Major BOOM time over at Eurasia Mining if any of you guys have any spare cash to get in early tomorrow over there. You'll hopefully make a few quid.

Jezza

The market will get a chance to digest the news overnight, which is probably why the RNS landed very late in the day. I wonder what price it will open at tomorrow morning? Buying could be absolutely fierce as people not invested will want a slice of the cake. We should hopefully open above 1p and then graduate towards 2p and beyond. I have seen other shares with similar prices multi bag on single days e.g. PSY which carried on giving and giving and giving. Hype coupled with hope and potential is an amazing recipe for a share price. Tomorrow and the rest of the week should be very, very interesting indeed. Could it 4 bag, 5 bag? We'll see. GLA.

Wow....just wow! The company has been waiting 10 years for this. I have been invested here for 5 years and have waited and waited and waited for this RNS and now it has landed it feels amazing.

We are now completely and utterly undervalued and therefore the share price should rocket northwards on the back of this. Coupled with the fact that we are DEBT FREE so another raise is very unlikely indeed.

Where could the share price end up tomorrow? North of 2p I suspect and possibly more depending on how many people manage to hear this news and understand the gravitas of this RNS.

GLA and well done for years of waiting. We shall finally be rewarded!

Wow......just wow!!!

If Mitchener does deliver on Te-10 and / or Te-11 then he will be forgiven. However, the process that now needs to be put in place is that any decisions need to be heavily scrutinized by JP as he is the CEO. He needs to be more involved than he even is now because I fear that BM has been holding the reins with regards to the drilling decisions due to his knowledge. The point is, that all we PI's want and need is some success. God knows we have waited long enough for positive results. Give us the results we deserve and I don't care how you do it. but JUST DO IT!!!!!

Yes there was undoubtedly others involved with the drill decisions as it's a team effort but BM is Director of Exploration and ultimately the buck stops with him when it comes to drilling decisions and JP not being a trained Geologist is hardly going to say "no" to BM.

To use an analogy, it's like saying to a failing Football Manager, "it's not your fault you have lost 10 games in a row......it's down to the players who were on the park." The world doesn't work like that and it isn't all pink and fluffy. People have to take account for their decisions and ultimately be punished for making what has been the wrong decisions time and time again....3 to be precise. I don't believe what I am saying is unreasonable or vile either.
As I mentioned earlier, if I am doing a job and deliver no results then I put my hand up and resign. That's maybe where I am different to BM. BM is more concerned about making sure he has enough money to curl up and retire with and me....well I live and die by my sword. That's how I roll. And the antithesis of this is that when I know I'm doing a good job, I stick around, bathe in the glory and feel rewarded financially and emotionally.

I was right with my share price prediction too. I saw one of my posts from Sept / October time in which I predict a hsare price range of 16p-22p should Te-9 be a duster.

Yesterday saw the MM's up to their usual tricks. Drop the price to 15p and then raise it so they could sell their cheap stock back to the usual suspects on here for a tidy profit up to what was almost 20p. Today they drop the price from the oft and now it will slowly but surely trickle back to whence it came from yesterday towards 15p and then....yep....it will continue it's drop down to the 9p-11p range, which was what I predicted in one of my comments from yesterday. There's plenty of time from now until Te-10 and a long cold, dank and dark Christmas and New Year period to get through. By early Jan the sentiment on here will be waning and nerves will be jangling again. I've seen it time and time before on here and the share price will be commensurate with this lack of good sentiment. People buying now...don't say I haven't warned you!

Jobbs,

I'm all for giving people a second and even a third chance to prove themselves but how many chances do you and others want to give to BM? He has delivered no success since joining SOU and has had 3 dusters in a row. Will it take one or two more dusters to convince you that he shouldn't be doing the job here? I wonder how you'll feel about him should Te-10 be a duster. I suspect you'll be warming more to my suggestions that he should step down and resign and do the honourable thing. Only time will tell, but so far my predictions here as of late have been spot-on.

We have circa a couple of weeks remaining until we need to find a NOMAD and time is running out fast. Could it be we learn of a sale of the company some time during the next two weeks? I am hoping that Tencent did in fact want to buy us earlier this year back in January because that would start the negotiations off on a positive note. If somebody wants something then they are usually able, willing and content to engage in conversation with you. Trying to get a company to buy you when the intrinsic need or desire is not there is nigh on impossible.

I see little point in the BOD here trying to get somebody to agree to funding us. All that will surely mean is another 1-2 years of the share price going through the wash cycle as warrants get exercised, convertible loan notes get issues etc etc. It's a long and messy route back to anywhere stable. That's what worries me. I don't want to have to spend the next couple of years wondering whether or not I'm ever going to see my thousands of quid again.

Bunco - not sure I'm in agreeance with you with regards to a JV. I would much rather see a simple sale os our company and in return we shareholders get x pence per share offered to us as a one-off payment. I say this purely from the current financial position, which even if the monies can be recovered is somewhat dire.

How do you think the share price will respond on open, should we not go under? I don't see it rising in a hurry if I'm being perfectly honest. In fact, it could very quickly and easily become what I call a "James Bond share" - in other words, the share price has a double zero in front of it e.g. 0.009p. The market won't be convinced by us until there is a consistent run of positive news flow and more importantly, positive financial results.

I say, tidy-up our books, get the ship in order, package what we have left up and move towards sales negotiations with the likes of Tencent and any other would be suitor. I'm certain that whoever wants to take us over won't want the spectre of any MYSQ reputation sitting on their shoulders, despite the fact that Chong may be offered a new position under the new vehicle, including some of the remaining skeleton staff. The two NE's will not be required and will have jobs elsewhere to get involved with. All this is of course my opinion. You have your opinion and I have mine.

He's still sounding clueless with the information at his fingertips. Time to go.

Jobbs,

I 100% mean what I say. I say things that others on here are too frightened to say in fear of not appealing to the masses. I don't give two hoots about what anybody thinks about me on here or any other social media platform. That's why I am a fan of Tom Winnifrith. He says it how he sees it.....no mincing around trying to impress the main protagonists on this board.

And as I have said, just like you I am entitled to my views. I am a part owner of this company and I believe BM should step aside and resign. It's the honourable thing to do. He shouldn't need me to tell him that. He's a big boy now and not a kid. Grow-up, grow some balls and take responsibility for what has been a shambolic performance.

PI's money here is clearly being gambled on three stab in the dark wells that may yield absolutely nothing in the way of gas or oil. JP has already profited from this whole venture and other BOD's have been paid handsome salaries. We are the ones who have all of the weight on our shoulders at the end of the day and that's because should there be 4 dusters, they won't wake-up out of pocket and we unfortunately will. That's why heads should roll in Sevenoaks this week starting with BM. It's actually highly distasteful that the bloke has the gall to turn up to work still. Hasn't he got any decency left inside him? I promise you that when I have had a bad run of things in previous jobs, I have had the balls to step down and resign out of respect for the company more than anything. If I am not doing a decent job then I take the blame and NOT the company and I do the honourable thing and tender my resignation. This guy wants to hang around like a bad smell and still run the show for the next drill related decisions, which is absolutely absurd. Come on JP.....take the guy aside and put him out of his misery.

Added to my previous comment, I suspect that JP would have been more than content to sell on seismics alone rather than risk it all with three stab in the dark wells. However, I believe the BM encouraged JP to forge ahead with the drills and why? because he has little or no skin in the game with regards to share ownership. For BM, he really has nothing to lose by going ahead with the drilling because he has no shares. His reputation is on the line but IMO that has already been smashed with 3 back-to-back dusters. I maintain that JP could have got a decent price for us selling on seismics alone. Now, this is looking under threat and we may not get any offer from another company if the poor results continue. You may say that hindsight is a wonderful thing, but I for months and months have been banging-on about selling on seismics alone to avoid where we find ourselves today. I went back to some of my comments I wrote in early September and I was highly in favour back then of selling on seismics. From what people are saying on here about our CoS for Te-10, it's looking highly likely i.e. 70% likely that it will be another duster. I'm sorry, but that's just too much risk to take. There's better odds for crossing a road blindfolded.