We would love to hear your thoughts about our site and services, please take our survey here.
I myself am quoting posts on this board, haven't received the email personally.
But thanks for the correction, that makes more sense to me.
Disagree.
'By' is a pre textual word that puts a deadline on their promise.
'In' would be the word to use in the case of what you're saying.
Language is important in business and especially in RNS terms.
If we were on the FTSE they would have had their necks wound in for abuse of language by the exchange.
We're all fine with it because we have a great board, a great resource, a great story and will have a great ending.
But I for one believe in consistency whether you're Ask Jeeves, Google, or Eurasia.
I think rather than tell us what is going on, it's all going to happen at once.
We're in the execution stage and MT hasn't been mined at all this year (we are led to believe).
£1 a share for that absolutely minimum in my book, to justify the long wait. It's all a trade off. Dmitry knows that.
You might say - like I did in March - that the longer the wait the better the deal. This is true, but we began negotiations last Autumn.
I fully expect news soon.
Covid didn't affect us or the mines. Only our accounts required an extension, which is to with our accountant. Not us.
We were going to be updated by the later half of 2020, which is tomorrow.
I would half expect an after hours RNS tonight to clarify this matter, the same way we got the 6pm RNS r.e. the nomad timing before.
I would encourage the company if you are reading this to start using wiser language. Nobody here has a problem if it's October, but that is medium term. It isn't 'shortly.'
'Due course' means NDA in place, in business language.
The length of the suspension really tells me all I need to know. The company wouldn't have wasted this amount of time if it were a little deal that could just be signed off like that.
This sale is going to be even bigger than my ***** and you ********s on here can put that in your pipe and smoke it.
(Please ban me for saying that so I don't have to read this bb again, thanks)
£1 a share for me.
It's really irritating.
The summary of the entire company at present is:
- Well done holders
- Jog on shorters
Now go away.
You deserve everything you're about to get, and I hope when you're rebuilding your net worth from £0 (bankruptcy), you consider your ways and set your sails in the direction of new found values and life philosophies.
You ruin good companies, you give a hard time to good directors, you slander those you've never met. You hurt people's businesses and by extension their families, mental health & wellbeing.
You are not good people.
Eurasia is a wonder story, one that the shorts never came close to pulling down.
When this happens, slime away into your miserable caves and change your ways.
Shorting is not investing. Period.
I wish you all the best from human being to human being, because you're able to lose wayyy more than 100% of your net worth. And it is very deserved.
If you're desperate for a response, send one email and then forward it back to them every day around the same time. On about the third or fourth day they'll reply.
I know I said I wouldn't post until an RNS, but just to highlight once more that we are not mining MT right now despite Covid no affecting Russian mining season, and we haven't called on Sinosteel to do so, which was an option.
It is, therefore, sold.
The suspension is getting very, very dodgy, I agree.
But MT is sold.
This may rerate down at 4 or 5p, but you'll be getting your big dividend for MT.....and in a world where that doesn't happen, everyone will want to know what for.
The only thing that is wrong here is the silence, so just assume it's planned. The company know they didn't keep their word twice in a row with misuse of the word shortly, and then missing their own target date.......they know that. It's out of character, so just assume it wasn't planned and they weren't in control of that.
I expect at least 3 RNS's next week.
- Nomad
- Development and future plans pertaining to WK operations
- Sale of MT
Two other RNS's we might get.....
- Change of exchange (I doubt this, but possible)
- Board changes
- VT development
From my communications with the company I gather from the tone that they are conscious of the fact they're ****ing everyone off. They are not in control and this will come good. They're obviously bound by something they've signed with someone or some party.
They've said they expect a nomad 'in advance' of the deadline on the 29th.
This is the final time they're able choose to keep their word or not without it having major consequences. I believe in them.
I think they're in control of the 29th deadline.
What do you shareholders of NN feel, is something in the works?
You cannot have business conversations with people you don't have a relationship of some kind with.
Go back in time and please read the RNS's!
I'm outta here guys, will be back when we get a red dot.
Good luck all and burn shorters.
Absolutely. I think it is good for us, assuming NDA's are in play - which at this late stage I think we can be positive off.
It is AIM that suspended us pending clarification of our relationship with CITIC, however. They need to be satisfied for us to relist, after we've a new nomad.
Aubery I think you need to go back and study the RNS's this company provides.
You seem to have missed a lot.
If you'd been following this bb this morning you'd see that we've already discussed the fact that nothing has been truly clarified and we need it to be.
Further to the point, if a sale of MT had not occurred, we'd be there mining it now, would we not?
We'd have photographs of the site operations as we recently did with WK.
All we are led to believe is that we have sold MT with a big NDA in place.
It's literally all there in black and white. I have no idea how anybody who has read up on this company can have any bad feelings other than the abuse of the word 'shortly' and the fact the deadline is next week.
The news is going to be ******* i n g brilliant.
I would assert that they can't have conversations without having a relationship. The fact they purposefully use the word 'clarify' means that they're following on from the suspension note.
---------------------------------------------------------------------------------------
The Company clarifies that its conversations with CITIC to date have been with CITIC Merchant Co. Limited ('CITIC Merchant'), the merchant banking arm of the CITIC Group Corporate Limited. CITIC Merchant is 51% owned by CITIC International Assets Management Limited, which in turn is a 46% subsidiary of CITIC International Financial Holdings Limited (a wholly owned subsidiary of the CITIC Group):
http://www.citiciam.com/index.php/article/management_read/catid/280/id/319.html.
CITIC Merchant provides M&A advisory, corporate finance, asset management, principal investment and fund management services.
This Company's discussions on its projects have continued with potential buyers at and after the global mining conferences of Indaba and PDAC, and following the temporary closure of the PGM mining industry in South Africa which has the capacity to produce 70-80% of global platinum and 40-50% of global palladium supply. The restart for some South African PGM miners may also prove difficult especially as there may be limited access to financing after all credit agencies (S&P, Moody's and Fitch) downgraded South Africa below the investment grade into 'junk' territory coupled with continued volatility in PGM prices (particularly platinum). The Company reiterates that at this stage there can be no guarantee that any transaction will occur.
In the General Update on April 9th.
I definitely think there is a big (positive) twist coming.
I think they're just holding things up artificially with the term "substantially completed due diligence."
That essentially means 'done' as far as fundamentals go, in most circles.