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We’ve been here before, big rise and then back down
The Board and senior executives remain hopeful of a successful conclusion to the sale of assets process and we look forward to updating our shareholders in this regard as appropriate."
Remain hopeful lol, doesn’t that inspire shareholders with confidence . I’m sure this will be concluded very shortly
Investors will always buy on a large drop like this, hoping to make money on a possible rebound.
Another jam tomorrow AGM
I read somewhere that data on geological reserves can be classified as a state secret in Russia, so maybe the DFS for MT hasn’t been released because of this.
I’m sure all long term holders will gain their fortune shortly or in the near future lol. Longest sale ever. Just another jam tomorrow RNS yesterday.
Bergcarls, the truth is often hard to accept.
If this was going to be sold, it would have happened by now. This was pumped up to 40p by certain posters on here and other boards and investors got their fingers burnt.
Be careful, you will upset the regulars lol
There’s always rumours about this company, always been nonsense Up to now. I’m sure we will find out shortly
What have to ask yourself is after nearly 3 years of hinting of a sale, is it really going to happen?.
Each RNS has a jam tomorrow element, constantly waiting for the next license or DFS. Hints of a BRICS country buying, well why the delay then if this company is such a bargain. Long term holders probably hanging on, hoping to get their money back but anyone thinking of investing now, be careful. The AIM is littered with companies like this.
Nice rise today so far. Pleased the way this share is moving. It’s my best performing share at the moment .
Great start today, maybe tide is turning significantly upward at last.
Typical, I topped up yesterday and today drops again lol
Why 3% drop this morning ?
As investors we can only gather information from statements the company issue. We have gone from having a credible party (the buyer) and that due diligence had been completed RNS 28/10/21 to what was mentioned in the last RNS that talks were taking place with interested parties. So what happened to the credible buyer ?. You can’t blame Investors moaning when we are kept in the dark.
Let’s be realistic about the AGM, it’s nothing more than an exercise to give shareholders some hope. After numerous hints of an impending sale over the last 2.5 years we still are in the same place but with a much lower share price. No company will invest in Russia at the moment, even friendly countries will be wary so I can’t see any sale in the near future.
I’ve been invested in EUA for 2.5 years and it’s all rumours with this share. I’ve kind of given up all hope of a sale to be honest.
There is no way the company will be sold given the current situation and even though the assets are held by Russian subsidiary companies the Russian government won’t let a British company benefit from a sale. I’ve been in EUA for 2.5 years and every RNS we get the same old formula of name dropping and hints of Jam tomorrow. Given that the war looks like continuing for quite a while I have doubts the company can continue in its present form.
If it was really bad news I think we’d know straight away so hopefully positive GLA