Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
john, it will be interesting if admin remove his post and I do hope there is an RNS on Tues/Weds!
Are the latest Hammond tweets private, James?
EUA BoD may not want to clarify their CITIC relationship until the deal is complete. Are they hoping to get NN to offer more because they think that CITIC are interested?
There has been no comment from CITIC about the tweet as far as I know.
I want to believe davidh..
However, giving out a prediction for the next RNS on Tues or Weds could be leaking inside info if correct. I think admin will remove his posts.
david, thanks for your reassuring messages.
How do you know that the next RNS will be on Tues/Weds? Why has the share has been suspended for months? Are the suspension and the resignation of the nomad linked in some way?
I share your concerns drunk! The BoD could have sold their shares following the big sp increases. The recent palladium price increase made the EUA assets much more valuable. Could that have tempted the directors?
Spikey the long delay in clarifying the relationship with CITIC is strange. How can you explain the delay of over three months if there are no NDAs??
gfd, thanks for that.
It is also possible that the new nomad will want the shares to resume trading? The delay could be due to the BOD not agreeing with the nomad about that.. Maybe the BOD want to get the MT flanks license before resuming trading?
courty, AIM rules say that the company's shares cannot be traded if there isn't a nomad. That doesn't mean that the shares will be traded when a new nomad is appointed.
courty0408, what did you see in the RNS to make you say that we have to start trading with a new Nomad?
If MT is being sold, EUA could use the sale money to have a share buy back..
I think any EUA shares in an ISA will get moved out to a nominee account if it delists. That will mean the tax benefits from the ISA are lost.
Mave what makes you think that it will test the 32p high today?
EnricoP, thanks for your reply about drilling. It sounds like it would take a few weeks or more to get results.
I'm wondering about whether the MMs may be trying to keep the price below the 3p to avoid the warrant exercise? It's just a theory.
EnricoP, how long will the drilling take? Sorry if that's a silly question.
RR1889 why do you think that?
imac, has there been anything suggesting the size of the find? What is the minimum you are expecting?
The BoD said that they believed the new Nomad would be appointed by 30 April.. Will their new deadline be met?
broth it looks like the WK could be developed further with money from a sale of MT.
We need a new Nomad to resume trading, and I hope that news about that will be announced next week.
I have been looking at ADVFN posts by excellance. He posted this on 20 April -
45589 "We all know the huge value of MT, that it dwarfs WK, and it is hard to see how those two very different horses can be in the same race.
We also know that no institutions have yet invested in Eurasia Mining, but that they are very likely to want a piece of MT.
Dmitry gave a chunk of his deloan holding company to a Eurasia adviser to "motivate him".
Can we assume that deloan will feature significantly in the MT deal when it is revealed?
Once MT is divested, what then happens to little Eurasia Mining?
How will her shareholders fare?"