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I'm sorry to hear your news, Nathan.
Grief is the worst thing in the world, in my experience. It makes you feel so alone and you question everything.
Sending a donation over, though I know in the grand scheme it's not what helps the most.
Sending all best wishes and thoughts. Stay safe and take all the time you need.
It was due in March/April and even though it was supposedly delayed by Covid, it would have been received by now. Therefore we have to deduce that it isn't in our name, but rather that of our prospective buyer.
The license has been awarded, just not in paper.
Maybe an arrangement is being put together where Norilsk are the buyers but the price is too much to pay in cash at once.....so CITIC are taking a share and financing the venture into the future, with equity slowly being released back to Norilsk as and when MT profits begin to arrive. UBS are putting it all together and that would explain both their roles.
VTB still haven't been written off, so something else there may be going on, something to do with Potanin and his personal ventures after this.
Get real and do your research. £1 minimum.
No, only the accepted recommended offer .
Sorry guys terrible spelling
Remember*
Whistleblowing*
I eemember taking a 1 day shistleblowing course in London upon starting a job, back in 2018.
In the afternoon we talked about the London small cap market and the guy in charge insisted there was no manipulation whatsoever in any market. I tried to enlighten him...
This is so clearly being manipulated at the moment. Sure, the MM's might be holding it in this range because they themselves cannot price it and don't know what to expect....but it's supposed to be a free market regardless.
On current volume and buys we should be at 25p, without flanks news or bids.
Put us out of our misery.
£1.50 - £2 and we can all move on.
Don't breathe a word about the shares, Pete. They are yours and nobody else's. If a bid comes in and we re-rate to 95% of the offer, maybe sell at that point and then buy some gold so the solicitor doesn't rob you blind.
Wish you all the best mate, see it as a new beginning, not an end. Put yourself first. Today is the first day of the rest of your life!
Sending good vibes and take it easy on yourself.
UBS and Ian are on board however, so this is real and it's happening now.
It's an amazing set of cards.
But of course, we can't really lose here.
If the deal falls through, we trigger Sinosteel deal and have £2 a share in a few short years anyway. We'd also have a bonus of a short term collapse back to 5 or 6p, and we could all buy in as we grew.
This is one of those rare shares where my feet are remaining *off the ground.*
They've been on time with most deadlines despite the 28 day rule being waved. I think that knowledge alongside UBS posting their 8.5 last Friday, means that we will hear by the time July is out.
This one has been a long time coming, they've been negotiating since October.....so I think very soon.
Good luck everybody! I think this deal is going to be an Earthquake on AIM. It'll get a fairly sized paragraph in The Times at the very least. The more I ponder things I do think £2 a share will happen, whether or not it's 100% cash i don't know.
Yes, I think we may have bids, vote and sale within a month from here.
The bids part of that equation could even be next week.
I expect a long RNS which lays out all of the missing information due to NDA's....stating that the flanks license is in and the bids are based on that.
is how I imagine it must be coming into the home straight of the Grand National, in the lead.
Cherish the journey, we're nearly there.
A matter of weeks now for this to finalize.
Have a super weekend all! Stay safe and healthy.
Anything under £1 - Disappointed
Anything over £1.50 - Over the Moon
No chance of a successful bid under £1, we would have just mined it ourselves.
DYOR and well done ladies & gentlemen.
I was horrified to note yesterday a post by a user with 9 previous posts, telling this bb that they were an ex M&A professional and after a few long paragraphs (which is an easy way to impress even if it's all balls) this share would end up in the 35p range. It got 45 upvotes.
Anybody who hasn't jumped on this share in the past week will remember a user with no previous posting history giving us the 'I know someone on the inside and next Wednesday there will be good news' nonsense about a month ago. That similarly got 25 upvotes or somewhere in that region.
Markets are about emotions and people are emotional. Money makes people so.
Ironically I have to make this point not because this will be less than 35p, but because it will be so, so much more. The poster yesterday might want folk here to sell at 30p rather than waiting a couple of months for 35p to be finalized in a sale 'just like that M&A professional that is behind a screen' said so.
Please, stop taking everything as gospel. Learn about the company. Research the board members. Read about the history of Eurasia. Research how these resources tie into the current market needs globally. How geopolitics may affect the bidding process. Go through previous RNS's, build a picture. For God's sake get a calculator out and do your own maths.
If you actually take the time to do all of those things, rather than read bb's like this for your advice, you'll realize what a fool anybody looking for anything under £1 a share is.
If Dmitry wanted 35p, we wouldn't have suspended in February, we'd have triggered the Sinosteel contract and we'd be mining MT this season, rather than leaving it idle for a year.
This share is genuinely not rocket science. It's a very special share.
If you want to rebut me, save it for when I'm raising a toast after we get £1+.
UBS, CITIC, VTB.......
It's open knowledge that this is going to be a big one. It's all there, in the public domain.
Stop taking the bait, like 99% of the market does. More than 70% of retail investors lose money and it's because of following other people and being lazy.
DYOR and don't miss this opportunity. We're beyond ramping and deramping now. The information is there in black and white.
£1+.
Have a brilliant day.
Let's get some news on the bids that are already in!
I'm sure the flanks licence is tied up in the bid.
The flanks license in its physical form on a desk at Eurasia HQ is so overdue, that it clearly isn't going to be in our name.
Expecting £1 a share or would rather we mine it ourselves.
Yes he is very good at answering the phone.
People have been referring to news of progress etc though, not answering phones for a chat.
It is clear there are NDA's and that they are not doing this on purpose. That is what we we can establish.