Member Info for mac4671

Take this RNS insert for example Micky -

"Since launching the Formal Sale Process on 1 July 2020, Eurasia and its advisers have engaged with a wide range of parties, and have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures."

We know that an entity, or entities, has made an offer to acquire the company, so we can work out a valuation usi ng the discounted cash flow and other known valuating methods on that offer scenario you see. We can because we know that the offer is there for a full acquisition, we've been told that much -

"non-binding offers in respect of both a possible acquisition of the Company"

It is true that there are also 'other transaction structure' offers in place, but we have no idea of what they are, therefore no idea of how to ascertain any valuation to them. So, realistically we're all sat with the only available way of trying to make a valuation, and that is for the full acquisition offer.

GLA

Ok Micky whatever you say, your entire posting history is there for anyone to look at themselves. You've not even provided any figures to back up how you even arrived at what you suggest, at least do that so we all tale a look to see if it holds any merit.

GLA

Indeed Micky we're all entitled to an opinion, hence mine based on your previous postings. How can we take your guess as a serious one when you don't grasp the basic system of share trading? -

Micky1971

Posted in: EUA

Posts: 99

Price: 28.00

No Opinion

RE: RNS to suspend or not28 Mar 2021 13:28
Hi I was just sumising that if share price now at .275p and you new a deal was coming off tomorrow at .70p why would you want more people buying in to take the uplift in share value, ultimately this would water down the overall company equity. Hence no share suspension or FSP announcement tells me there is still some way to go on negotiating the FSP. Apologies if this makes no sense....

GLA

Email them and ask CAW, if it was wrong it would have been rectified by now, his initial appointment was as per the RNS link provided which was initially a NED.

We didn't receive anything when he was a made a ED as per the comment provided by DonBroco.

GLA

GLA

I wouldn't pay too much attention to Micky, he once thought people buying shares would dilute the company lol. Just check his posting history and you will see.

GLA

Definitely AREALDARTAGNAN, it's no small feat to achieve what they're hoping to achieve with it all either. Massive changes coming over this next decade which in turn will create a massive demand for the metals needed for it all to take place.

GLA

At West Kytlym, that's about to go into a massive demand scenario with next gen solar panels -

https://www.powerengineeringint.com/renewables/perovskite-set-to-disrupt-the-global-solar-supply-chain/

Perovskite -

"The crystal was first discovered by a Russian mineralogist in the Ural mountains in 1839 but for the last 10 years scientists around the world have been locked in a race to engineer the mineral to help generate more renewable electricity at a lower cost."

https://www.theguardian.com/business/2020/aug/15/uk-firms-solar-power-breakthrough-could-make-worlds-most-efficient-panels-by-2021?fbclid=IwAR3hBLeCufNW7hNX5269DBSCPH4dYMF7qkCgQEIGLLLFZVU5diKqSMcZATY

http://perovskite.ru/

http://nmse-lab.ru/index.php/en/

https://www.pv-magazine.com/2020/04/28/the-week-in-perovskites/

https://www.ijser.org/researchpaper/EFFECT-OF-CALCIUM-TITANIUM-OXIDE-COATING-ON-THE-POWER-GENERATION-OF-SOLAR-CELLS.pdf

https://www.researchgate.net/figure/Geological-scheme-of-the-Kytlym-Massif-after-5-The-dunite-clinopyroxenite-tylaite_fig1_234045433

Calcium oxide is definitely listed in the rocks and so is titanium dioxide. Perovskite is a calcium titanium oxide mineral, and so i would say that it's definitely at West Kytlym.

https://en.wikipedia.org/wiki/Perovskite

Those superior panels will be needed in New York -

https://cleantechnica.com/2020/10/17/new-york-gives-big-boost-to-renewable-energy/?fbclid=IwAR1jyVT7YHU8N8YXB8tXlGSjWj7_xcMn-oyVabetKwveJ67dP-lJWwsP5eA

GLA

Well actually the recent convo is of Tesla buying the Nickel etc. We have Nickel, Cobalt, Copper and even Lithium (in the Rosgeo JV area) all available. All things required for EV's.

GLA

The new position is to suit his new role -

"Executive director vs. managing director
There is a large amount of overlap between the responsibilities of executive directors and managing directors. Managing directors are primarily responsible for helping an organization grow, while executive directors are responsible for being a representative between the board and company and offering senior leadership. Here is a look at some of their primary responsibilities:"

https://www.indeed.com/career-advice/finding-a-job/executive-director-vs-managing-director#:~:text=Managing%20directors%20are%20primarily%20responsible,company%20and%20offering%20senior%20leadership.

It is no coincidence that this has happened recently.

GLA

Shall we go back to his original appointment, oh go one then -

26 November 2019

"The Board of Eurasia Mining plc is pleased to announce the appointment of Anthony James Nieuwenhuys as an non-executive director of the Company with immediate effect."

https://www.lse.co.uk/rns/EUA/replacement-appointment-of-ned-w-kytlim-update-eh1jt6k35bk5qf8.html

GLA

Still points to the switch, even states in that comment he was an executive director, now he's CEO and managing director as per the recent RNS.

GLA

It's not an error, the RNS are checked before release, hence why is it the first statement from him in any release. Anyone who has been here for some time knows fine well that updating the website leaves a lot to be desired. Always a delay before anything is updated on the website.

GLA

Morning AREALDARTAGNAN, yes there is a real pressure on companies to secure the commodities they need for their future expansion plans. Every car company in the world needs the supplies, every battery maker, even companies who have never produced a car before are starting to look at making an EV, Apple for example. This all create massive pressure on miners who are looking to supply such things, even more so due to there only being certain areas in the world which hold what is required for the colossal task ahead in this green energy industrial revolution.

Back to sunbathing and sipping on nice chilled Koka Kola for me, it's extra tasty with the sprinkle of Rhodium that's added into the recipe.

GLA

Something to consider, is if it is indeed a consortium moving to secure the area, then even the binding deal RNS could be a complicated affair. It would have to satisfy all parties prior to its release, satisfy multiple legal teams, all of which would have their own RNS to knock up and again to the satisfaction of all legal teams. It would literally have to be word perfect to suit all of the legal parameters. It's just something i've been sat thinking about as i bask in todays glorious sunshine!

GLA

Well it looks like Christian is getting set to retire, he has in effect passed the baton on to James. Only certain situations could lead to that scenario and it magically comes after the the 8 week non binding to binding third party suggested window. Both the DFS RNS and that Rosgeo JV RNS have landed after the window, the DFS data being the most clearly delayed RNS we've ever had.

These things all look to being things done in the wrapping up of something imho.

GLA

They're involved somewhere along the line Damo, there is no doubt about that. The double capacity plant they have planned for Monchegorsk points to that.

GLA

Not 100% either way Asleep, either Eurasia stays on in some form and he runs it, or he goes to the buyer as part of the transaction. With the change happening recently it could point to him being in with the deal and going to the buyer.

GLA

"Just look at Tesla for example . They have developed a game changing truck (semi-truck) which they have delayed and delayed due to the squeeze on materials for making the batteries " - Indeed, a lot of Eurasia's metals are as good as sold now, the demand picture for the by product battery metals is absolutely huge right now, especially Nickel which everyone saw Elon practically begging the world to produce more of recently. Well, they used to be 'by products', but i think the BOD have changed their view on that going off the recent RNS -

"creating a unique open pit mining PGM and battery metals district on the Kola Peninsula"

Something special most definitely, it's one of those 'once in a lifetime' kind of situations that has formed for Eurasia and us lovely shareholders. Whatever happens it is going to be very big.

The inclusion of James's statement in that recent RNS is also a change from the norm, it's all very interesting. Christian appears to have stepped down from the managing director position. From RNS -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented"

"James Nieuwenhuys, CEO and Managing Director of Eurasia commented"

From the Eurasia website -

"CHRISTIAN SCHAFFALITZKY
Executive Chairman and Managing Director"

"JAMES NIEUWENHUYS
Chief Executive Officer"

James is in with the deal, as in Christian retires at deal news and James goes to the buyer?

GLA

"application to 116km2." - That's what i've always taken our current position as, the next one takes us to 166.7km2. It still leaves a further 84.3km2 to be applied for to take us back to the Anglo JV area.

You can work out a average resource figure per km2 from the data that we've received so far, then calculate using that figure to try and give an idea as to the potential of the wider area. I did that with Monchetundra myself and the figures were not that far out from eachother, between what i had calculated and what has since landed in RNS. I'm sure when i did WK it worked out at around 1.9Moz for the entire 251km2 area, that's from memory and is a Platinum eqv rather than the Palladium eqv that we were accustomed to with MT.

GLA

"West Kytlim Flanks license application progress

The Company would like to clarify that it is in the advanced approvals of the license surrounding the West Kytlim license referred to as the West Kytlim Flanks, a final award of the license is expected soon. The outline of the area was revised to the east of the license and resubmitted in August 2020."

Value?. No one other than the BOD really know tbh, it's just more of the same area that they've already got, slowly increasing back the the original Anglo JV license size area of 251km2.

GLA