The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
To understand the importance of the discussion question, is to understand the importance of someone staying in the 'for sale' negotiations for an exceptionally long time -
https://www.proactiveinvestors.co.uk/companies/news/923801/eurasia-mining-soars-as-it-returns-to-aim-following-clarification-of-relationship-with-citic-923801.html
Long term shareholders will be highly inquisitive, no doubt.
GLA
I'll ask again, just to see if anyone is actually here for what the discussion forum is used for, discussion -
Does anyone have any ideas in regards to the potential Honk Kong suitor?
I can imagine, from a large group of like minded long term shareholders, there could be quite a list generated. Some of the most inquisitive minds were once found on this discussion board.
GLA
It's fun watching so many green boxes on here at the minute, it reminds me of the good old days of battling with them all.
Time was, and still is, the only obstacle to Eurasia.
Does anyone have any ideas in regards to the potential Honk Kong suitor?
GLA
They had perhaps got to an agreed price, the license landed which caused a clear alteration to what was a) For sale, and, B) Its inherent value.
The other good sign is the narrowing down of potential suitors, Hong Kong and Russia have been given in todays RNS, now we're all asking ourselves who from Hong Kong and Russia it may well be. Something to find out soon hopefully.
GLA
No, i agree, it's not something to really argue over tbh, but, all will understand what the license has done to the 'for sale' price when it arrived.
A difference in value will also created an extension of negotiations perhaps, the finer details of the final agreed price.
GLA
Hong Kong or Russia, or, JV move with parties from both sides -
"While the Company is not intending to carry out any work on this licence in 2024, it will be added to the assets available for possible sale"
It's looking very good.
GLA
The popularity aspect is another very valid point, even the Kyiv town Mayor has been speaking up about it recently.
Seemingly Zelensky is only communicating with who he sees fit, it's not a good model to follow for staying in power imho -
"Despite being the mayor of Ukraine's capital, Klitschko said he hasn't talked to Zelensky since the full-scale invasion began."
https://kyivindependent.com/klitschko-says-ukraine-is-turning-authoritarian-as-conflict-with-president-persists/
Hopefully it all comes to an end shortly.
GLA
Makeabundle believes in an never ending money tree by the sound of things, yet, claims that others will believe anything.
Do show me the Shop which sells seeds for a never ending money tree, i would quite like to plant one or two in my garden, thanks in advance.
GLA
The US piggy bank runs out by the end of the year, there is no other option for Ukraine after its counteroffensive failed.
https://www.ft.com/content/ca16e42d-fda9-4c1d-b2c9-410d764745b7
GLA
The reason only so much gets taken on and sold off is to do with affordability. They have to progress an area like Monchegorsk in a slow and controlled manner, each time they prove an area like NKT or NYUD, it adds hundreds of millions to billions of dollars worth of metals to the potential asset base under Eurasia's control. Thus, buyer affordability comes in to play at a certain stage if your plan was always to prove assets up to a certain level and then sell them to a would be buyer.
Something to remember, just as we will have to agree to the deal by way of a vote, so will the shareholders at the buyers side, therefore the buyer also has to be conscientious about expenditure levels, risk vs reward etc that they have to present to shareholders in order to get them to vote a deal through. It is much easier for them to get shareholders to vote through a $5-10bn deal than it is for a $20-30bn deal, due to the years needed for payback and then dividend payment increase etc.
GLA
NYUD indeed opens the door for a buyer to the other Rosgeo JV areas that Eurasia may, or, may not have time to get control over.
With the Ukraine conflict looking like it should end in the short term, Eurasia may have a plan B while they still remain in the driving seat, which could be activated if the conflict ends and which could revert back to something similar to what was planned originally with them developing the areas and gaining 100% ownership of them. I guess that we will just have to wait and see on that one however, because, there is also what they had planned in Sakhalin and Hydrogen to consider you see.
GLA