Member Info for mac4671

People need to read through everything released recently very carefully before posting. Even look at the actual website -

"We continue to assess exploration and near term production opportunities throughout Russia."

https://www.eurasiamining.co.uk/

Things really are there in black and white for anyone to read for themselves, they have a plan, we just don't know the exact specifics just yet. but we will in time . . . . .tick tock, tick tock, tick tock

Before you vote in favour for the asset sale, you have to tap 3 times on a table and loudly state "shower me in dividends" lol

GLA

No problem DanielC43R, always best to marry up the Eurasia events to an appropriate M&A timeline. It has took longer than pretty much everyone anticipated, but, we're finally approaching treasure island. I think tomorrow will be another busy day volume wise as people try to scoop up every crumb they can before that AGM circular lands. Could be an after hours tomorrow job to give everyone all weekend to digest the deal specifics etc, you know how they like to drop some big ones after hours on a friday.

GLA

Step 8 here is where we are -

"Purchase and sale contract – Assuming due diligence is completed with no major problems or concerns arising, the next step forward is executing a final contract for sale; the parties make a final decision on the type of purchase agreement, whether it is to be an asset purchase or share purchase"

https://corporatefinanceinstitute.com/resources/knowledge/deals/mergers-acquisitions-ma-process/

Because they're going with the asset sale, i would say that we're at the end of 8 ready to roll into 9 and 10.

Just pop the feet up and wait on the circular landing with the details, that is all that is left. Vote in favour and the raining of dividends will commence.

GLA

Because they have found a buyer who added significant value, they wish to secure PGM deposits -

"The Directors also welcome aboard Tamerlan Abdikeev as our new Non-Executive Director and the head of Eurasia in Japan, who has already added significant value by bringing interested parties from Japan, that are keen to secure PGM deposits for nuclear contaminated water cleaning and for the hydrogen economy, where Japan is striving to take the global leadership position."

People just need to carefully read everything that has been released recently, it's all there other than names and hard figures, which will land in the AGM circular imho

GLA

They've been defeated and every encounter, they have absolutely nothing left. Such a lovely position to be in right now after having to listen to their tripe for so long.

Circular will drop with the deal details, it has to for us to vote on it. Absolute game over for a green bin resident at that stage.

GLA

Yes rattie, a bidding war can happen, it all depends on how much our bidder has put forward though, they may have already fought off all currently known competition.

It will have to be a very large bid to consider parting with the assets at this stage, the outlook for what is contained in those assets is biblical.

Always remember this line from their website -

"We continue to assess exploration and near term production opportunities throughout Russia."

They know exactly what they're doing, always have done, we get the info when they decide to enlighten us all.

GLA

"I may be the only sub half penny boy who has not averaged up however ; )" - I stand by my original statement, i have also never top sliced. I understand why some may have, some have different financial reasons for doing so. Shiny cars, shiny houses, me, well, i like shiny maximum value for my palladium tickets.

Feet up and very relaxed, cherry kola currently going down an absolute treat.

GLA

Very shortly imho -

Previous deals are actually just markers showing just how unique the Eurasia situation is -

Resource figures, AISC and current and future metal pricing all points to a big deal. Add the hydrogen economy changing up as gear or two into the mix, limited problem free resources like Eurasia's, and we're all set for big things.

https://www.miningmx.com/news/platinum/38824-how-does-implats-lac-des-iles-stack-up-against-sibanyes-2017-stillwater-deal/

Take into consideration we have a AISC of around $350, it's very low due to the open pit nature and the weakness of the Ruble.

"(AISC) at steady-state of some $575/oz compared to $622/oz at Lac des Iles."

You'll also note that any 'forecast figures' in the article are also far lower than todays Palladium price. The numbers only grow!

"The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play"."

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-75c925zx7g386wg.html

GLA

"I am now 99.9% confident in stating I am the only sub penny boi that has not averaged up throughout this. Kinda wish I had but then again how many ppl would proverbially bend over for a 0.98p average." - WRONG ; )

I may be the only sub half penny boy who has not averaged up however ; )

GLA

For a feet up and relaxed time of share ownership. Get a glass of koka kola, few ice cubes, and nicely chill, bliss.

WK is producing every day, profit for more dividends, dividends raining down on us lovely shareholders.

GLA

Hi dexter, that all depends on exactly what they plan next, you know what they're like by now, literally anything can happen from this point onwards. First mover on an entire PGM and battery metal district, they will get every last bit of value from it for themselves and us shareholders.

Volchetundra.

GLA

It's raining beautiful palladium dividends all over shareholders, how great how wonderful. Assets sold, dividends paid, but, even better, the Eurasia story continues.

Maximise dividend value for all shareholders, what a magnificent BOD to have.

GLA

Keep a tight hold of them and wait for the circular to land, big treasure is heading all true shareholders way.

GLA

Extra tickle up, extra tickle down, extra tickles all around.

The circular with the details to be voted on will land at some point, then the tickles stop. Disposal of assets and a nice big fat dividend to drop into a treasure chest or 2.

GLA

Now watch to see if the monikers play their same game with their posting this time around. Easy to spot for those with a keen eye.

GLA

It's traders scraping their bean tins, the same ones who switch from their regular posting accounts to the new ones that magically appear here after news. Same people, same game that has went on since their arrival after the bank rns of 2019. They're very easy to spot as their usual posting monikers grind to a halt almost as the newly appearing accounts start getting to work.

GLA

Look at all of the never seen before posters who have turned up, all magically here to tell us LTH's their superior wisdom.

All jokers wanting in, they wouldn't have arrived here if it wasn't the case!

GLA

Yes, LSE isn't the only place where junk is written. All hopers trying to get what they can before it concludes.

GLA

Wandgrabit, indeed. I think next news will be the AGM and circular containing all the juicy details to vote on.

Potentially get the details this week due to how yesterdays announcement landed.

GLA

....wait -

"Shareholders should note that one of the potential transactions proposed is one to which AIM Rule 15 (the fundamental disposal rule) would likely apply. Accordingly, a circular would be published by the Company and the transaction would be conditional on the consent of the Company's shareholders being given in a general meeting"

Nice chilled koka kola with my cornflakes this morning.

GLA