Member Info for Layla1

Off topic, but amazing gains on QBT currently, up 70% today already.

Just sharing the love ;-)

Great to see long term investors back posting on the board.

I'm very confident the sale will complete, big question is simply, when?

With this in mind, I cannot see any other option than holding and waiting, always with a positive and hopeful outlook.

Rums all round and best of look to those with capacity to display humanity.

Great purchase DR. Hopefully you'll be looking back at today's purchase and laughing at how ridiculously cheap you got them :-) I'm only buying via my ISA, Unfortunately no more scope until April. Hoping I won't get another top up opportunity.

IKN, That would be nice :-)

I'd guess I speak for most in saying a sale completion pre invasion would have been preferable. But we are where we are, probably mostly due to geopolitical events beyond the control of the board. With this in mind, I personally have got to a place where I know I simply have to sit and wait for the board to bring the sale through to fruition, I think we all (including the bod) were assuming a quicker conclusion.

As it stands, as shareholders, we have little agency over the current situation. It's only healthy to look at oneself in these situations and ask; what could I have done different and what can I do different? What i am confident of, is that whatever emotional/ cognitive approach we all take to the current situation, the outcome will be the same. Reading between the green boxes i can see there's still a lot of accusatory language towards others, blaming, name calling, etc. I get it, I really do, but you're not changing the outcome and you're just causing yourself harm. Changing a perspective on how one addresses a situation doesn't mean that you haven't learnt from the situation, but that your life will simply be a lot easier in the hear and now.

This comes from a place of well meaning, some may be in the right place for this and maybe some aren't .

If it's the latter, that's fine..

There's a big difference between an excuse and a reason.

For me personally, I can see the reasons why the asset sale has been delayed, I don't demand excuses for it.

Some are quoting the company as saying "the war didn't affect the company".. From what I remember they have never said this. What they have said is that they are currently unaffected by sanctions, but that the war has inevitably had an affect on asset value. Since that statement the company have increase asset value with the delivery of the DFS.

One needs to remember that the company had to change what they were selling as a result of the war. Initially WK was to be retained as a feeder for future projects, that changed. We don't know what other reorganisation had to occur.

Ignoring facts that don't align with a rigidly held view is one of several of the signs of cognitive dissonance.

That is my view Mont. Hence the "hopeful by the end of year" comment. Work back six weeks from last day of trading and where do we get to? Option expiry :-)

However, I'm a realist and still open to the completion date drifting into next year, so potentially a renewal.

Have a great evening.

Jp, isn't the whole speeding ticket thing a circular argument? If the price had been allowed to run with no application of the brakes, what do you think would be the accusations now?

Why bother with renewing options if there's no value in the company? They'd only be conning themselves.

Also what's your view on the warrants at circa 26p?

Richard98,

Welcome to the board. If you revisit all of the research you carried out when investing, and the notes from the AGM and the half yearly report, it may help you realise this current situation is all just noise. Trust in the official news and communication. Some may try to deviate from the facts with personal insults or questioning the minutiae of statements. Focus on the fundamentals. Yes we all wish the process had been completed by now, but it hasn't. That does not change the competitive appetite for the resources, the size of the resource, and ultimately, its value.

Remember, low share price and completion of a decent value asset sale are NOT mutually dependant. Keep the faith.

Alternatively listen to baseless statements of fact made by faceless keyboard warriors.

Genuine good luck to those able to share genuine humanity for others.

NB, This is not meant as investment advice, purely encouragement to seek the truth through official channels.

We all have an expectation of how others should be. Personally, I'm comfortable with the Bod only communicating relevant material changes that would influence the sale process or completion of. The narrative from this years AGM is there for all to read, the six monthly is there for all to read, research from the likes of '78 and Dugdale are all there to read. The size of the proven up assets, the global players all making concerted strategic moves to secure adequate minerals for the green rev, the history to get to this stage, the time , effort and money ploughed in over twenty years (tens of millions). The Rosgeo deal was achieved without the need to keep running back and forth telling shareholders, and I see this as no different. It's with all this in mind that I, personally, am more than happy to trust the bod to get this over the line. My wife was involved in a company buyout that involved less than twenty million ( not her money) and that took five years, so I'm well aware of the need to sit tight. From my perspective this will complete, it's just about time.

With all this in mind, I do appreciate why many are struggling. Large paper losses can be extremely unnerving. Also being cognisant that the currently suppressed sp and a successful asset sale at a appropriate market value are NOT mutually exclusive

Genuine best wishes to those displaying humanity on here.

N support the green revolution.

For those that can get their heads around the concept that the successful completion of the asset sale at a decent value and the current depressed SP are NOT mutually exclusive.

As much as Christian is the face of the company and overseer, it is Dmitry, a Russian national, who will have brokered the Rosgeo deal. I'm guessing it was he who put an ex Rosgeo boss in charge of Eurasia subsids, I guess it was his forward looking plan that initiated the new board faces, as well as his Roubles that pushed the project forward.

When I look at the vast resources available, and the fact that there's even doubt that full exploitation of the resource can be achieved in the current available licencing terms, there is no way on this earth the deal is not happening. Hopefully this year but if it runs into next, I won't be crying.

Those with humanity, have a great week.

Last night my mind wandered whilst watching the very uncomfortable Saville drama. Just thinking how the transience of SP has taken its toll on two of the largest shareholders, Dmitry and Christian. Although not a real loss, it puts into perspective many others "paper losses". Christian's comments regarding retirement and "very hopeful of sale by the end of year" make quite a statement of where the bod think we are in proceedings. If we count back six weeks from last day of trading for this year we come to the date that their options either run out or need to be renewed.

They know where we're at, we and the agenda driven ones, DO NOT.

Hope all long term holders can sit tight, ignore the noise, and remember why they first invested.

Most importantly, trust the board who have taken the brunt of the geopolitical situation, both personally and financially.

As always, GLTGLTHs'

Part timer.

Christian emphasised in 2022 that no "material offer" had been received. No doubt knowing DFS issue would confirm that only serious offers were to be entertained, and since that point there are still several parties t the table :-).

The BOD are not legally required to communicate all offers with shareholders, only material ones. Otherwise it would make a laughing stock of official news releases.

Office,

I do agree that replying to them achieves diddly. However, GLTHs' should continue to post, if so inclined. It's a bit like attention seeking children, let them throw tantrums, scream and blame, whilst quietly getting on with ones own life. Take it from me, the noise just fades into the background, as if it's hardly there.

This will hopefully result in a more balanced board. I can't see any of the usual suspects, but read between the lines of the replies :-)

I have a little saying I often remind myself of; "Your focus is you locus of control." Just as the negs focus becomes their true reality, more balanced individuals can focus and produce a more balanced reality that's more aligned with true reality. :-)

So, one can read all the detail on the company's website and it gives rather a comfort as to why many of us invested in this, once in a lifetime, opportunity. The larger geopolitical climate has resulted in a bit of an emotional roller coaster for holders and no doubt affected sale value to some degree. However, I feel the companies development of assets over the last few years has more than mitigated for this potential decrease in value. The asset value has increased significantly since I invested circa 2016. One has to be pragmatic regarding the situations life throws at oneself.

The latest news release from the company supports the belief of many long term holders that the journey may well be worth it.

A summary from the interim results: The company have been focussed for the last six months upon sale of their Russian assets to several non sanctioned Brics parties who are at various stages of due diligence. Although stripping continues at West Kytlim, processing to concentrate has ceased due to the sale focus. Three parties have tendered offers to purchase the concentrate stockpiled from the previous year, circa £3.5 million in value. They are also receiving tax refunds for the capital expenditure at the site. The DFS for Monchetundra was approved in June and adds significantly to the sites value. With a potential sale of the asset, capital expenditure is not seen as likely and any purchaser can still activate the Sinosteel agreement. As of the end of June, there was 0.4 million cash, £1.5M in U.S. treasury notes, and tax refunds of circa £1.5M imminent. The companies operations are not affected by sanctions. All board members are working towards the successful conclusion of a sale of ALL Russian assets.

At the AGM, Christian said he was very hopeful of a sale being concluded this year. He implied he would be retiring once the sale had been completed.

I'm hoping that those that try to pick holes in the above may show as much diligence in reading and digesting all the positive information on the company's website.

This is all occurring with the backdrop of global powers becoming increasingly proactive in securing critical minerals for the green transition. One only has to look at the meeting held last week by The Minerals Security Partnership, a collection of non-brics countries including the EU, UK. U.S and Canada. They are concerned at the Chinese acquisition of these strategically important minerals.

So, with this in mind, does one simply sell, hold, or buy.

I guess there is another alternative. Take part in a coordinated crusade to spread misinformation and doubt, in the hope the price stays suppressed whilst those with limited incomes try to amass as great a holding as possible.

Even the latter option is taken by individuals' of sound mind, but questionable morals.

The remainder? Suffering from mental health issues.

Have a look at the Minerals Security Partnership. Alba could be right up their strada, so to speak. Basically a collection of non-brics nations, had extensive talks last week regarding the securing of future supplies of critical minerals for the energy transition, as well as processing of. Big financial backing and mention resources from five continents and a UK project.

I wonder how Russian national Dmitry Suschov is going to do out of this deal. Great that we've got such breadth of nationalities on the Eurasia board., lots of BRICS ties :-)

Maybe that's one of the reasons the company showed such great societal integration, something that Putin himself has stated as an important aspect of any foreign company in Russia. Hence his anger at those throwing in their towels and leaving communities bereft and jobless.

The darkest hour and all that ;-)

............to stick with the words of Christian, rather than the sentiment driven sp.

No way all these buyers would be in advanced talks if they couldn't do a deal.

Russia will want this deal to happen, it's exactly the kind of deal aligned to the well publicised new economic era between Russia and the other BRICS countries. For example, the Chinese developing a large port on the Kola., massive investment. Russia IS pushing ahead with growing new economic partnerships, Eurasia have an asset that many are after. A few billion is a drop in the ocean to Putin's bigger picture. Christian very hopeful of a conclusion this year :-)