Member Info for mac4671

Parties interested In MT, have been interested for years now. The company has simply taken their assets through development loopholes in order to get maximum value as a seller -

"A detailed work programme for future activities at Monchetundra has been prepared. However since then Eurasia Mining has received two approaches from third parties who have expressed an interest in acquiring outright, or acquiring an interest in, the Monchetundra licence.

The Company has therefore engaged in commercial negotiations with both parties with a view to considering and negotiating a suitable transaction that is in the interests of all parties, but specifically Eurasia shareholders. This process has recently included site visits to the project and from which positive feedback has been received."

https://www.lse.co.uk/rns/EUA/strategic-and-operational-update-7dsdelsdkxz5jen.html

It's crystallise substantial value from our Monchetundra time, ladies and gents -

"Should the Company crystallise substantial value from our Monchetundra interests it would be a highly significant achievement, however whilst discussions continue it is important to progress the asset on the ground. By securing a Discovery Certificate for the licence and by pursuing various exploration and development steps, we believe we can add significant value to our interests and increase the degree of commercial interest, for any parties wishing to engage with the project."

https://www.lse.co.uk/rns/EUA/monchetundra-operations-restarted-k5qgv48x511odqt.html

DLA Piper is the very last part of the formal side of things, the legal purchase & sales contract.

Johny come late types have absolutely no idea.

Tick tock, tick tock . . . . .

GLA

Eurasia Mining, is simply to be added on to one of the acquisitions lists. DLA Piper, UBS , and Citic Merchant have all been working on making sure that is the case.
Don't forget out wonderful BOD either, a few of which are ex investment bankers and so know the M&A game like the back of their hand.

GLA

https://www.nasdaq.com/articles/the-biggest-acquisitions-of-2020-so-far-2020-08-03

GLA

Pandemics do not stop M&A deals. Plenty of deals have went through recently, at values higher than most are currently valuing Eurasia -

https://pe-insights.com/news/2020/08/26/top-5-biggest-ma-deals-struck-during-the-pandemic/

Waffle posters, that's all they are. No research, no clue.

GLA

Every day is simply a filter day at the minute, new noise and waffle goes straight in the bin. They can spend as much time as they want talking rubbish to themselves.

You could tell on friday evening, that they were going to be coming out in force over the weekend. Same script as previously, just different board monikers, the people who have been here a while will recognise the same tactics to try and persuade people in to parting with their shares.

DLA Piper, UBS, & Citic Merchant vs some unknown waffle factory on the LSE chat board. It's not really hard to decide which side to take tbh, one side are M&A experts, the other are DOOFY's.

GLA

The de-risk narrative is for the same purpose. Look at mr 2 EUA posts there trying to justify himself lol.

Every new person has the same objective, to persuade naive investors to part with shares, Just read their posts, they all try and sow doubt or suggest selling is de-risking, which ultimately tries to convince people into parting with their shares.

We've seen it countless amounts of times at Eurasia since the bank RNS in last Oct. And, what has the Oct to Oct SP done?

DLA Piper are here for one purpose and one purpose alone.

GLA

Not entirely sure if it's 5p, 10p, 20p or a freddo lol. For the most part they post outside of trading hours, so, that points to the possibility that they work in a busy job during trading hours. I'm sure a few here may be able to hazard a guess as to what type of person, who works during trading hours, would wish for some people to part with their shares.

GLA

Every time they have appeared here previously, it has always been just before something has happened to propel Eurasia's SP further. They never come with anything factual, never have anything of substance to back up anything they say, you even get new people appearing trying to tell us that we should listen to both sides etc etc. It's hilarious, they're all part of the same outfit trying to work the chat board here. Sentiment is what they're trying to change, clinging desperately on to try and sway some naive investor into parting with their investment here. The fact that they openly post garbage and never seem willing to give up, would suggest they get paid to do what they do.

GLA

And it appears that we have the DOOFY of corporate finance here lol -

https://www.youtube.com/watch?v=Mky--gDTo0g

GLA

Ian, you have to throw the odd little ramp in every now and then lol.
I believe it was late 2016 when i bought my first lot of Eurasia shares, i ended up with a 0.7 something average at the time. Bought more every now and then, but then there was a dip late 2017 and start of 2018 into the 0.2's. We had TDT back then full of his tales of doom and gloom, but the few positive posters there were just ignored him and used it as an opportunity to top up, average down, and build a decent holding. I'm certain Anders was here back then, positive that it was him that said it was a 'no brainer' over that dip at the time.

It's been a long journey, even for me, who realistically has only been in a fraction of the time that some of the ADVFN old guard have been in.

Even from last Oct until now, it feels like a very long time, a lot has happened between then and now. This board went from a relatively quiet place, to being absolutely full of every type of person you could think of. Real bear (shorters) vs bull (longs) battles have taken place over this board of ours. Many people joined the battle against the shorts, yourself, Tilly, and countless others have all came on board, found a spot and thwarted every shorter attack they dared to launch here. Shortly we'll all be rewarded for our investment, staying strong and helping support each other through the more difficult times, suspension being the most notable. I don't think anyone can say that it hasn't been a fantastic journey here so far, there's a real shareholder team spirit woven into the very fabric of this chat board these days, it's great to be a part of it, and i hope everyone else feels the same.

I hope everyone has a lovely relaxed weekend, all the best!

GLA

And they're looking forward to updating me, oh, and the newer members.

"Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain. Nevertheless, we look forward to updating our many "Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain. Nevertheless, we look forward to updating our many long-term supporters and new members."

Not going to lie, when this is concluded and i retire, i'm going to get a 'I heart Eurasia Mining' T-Shirt lol

GLA

How has it been, to be affected by maximum shareholder value? -

Christian Schaffalitzky, Executive Chairman of Eurasia, commented: "The Board remains focused on maximising shareholder value, and, after receiving approaches from multiple parties interested in acquiring Company's assets, has decided that launching a formal sale process under the Takeover Code is in the best interests of shareholders, which could result in a sale of assets or the Company. The Company will work with UBS and its other advisers to execute the process."

https://www.lse.co.uk/rns/EUA/statement-re-formal-sale-process-s2dz3bhew85fz5j.html

Just sit back, put the feet up, and let the professionals do their job, it really is that easy at Eurasia.

GLA

West Nittis at Monchetundra contains a bonanza grade area :

At MT -

Mt-086

49.0-50.1

1.1

12.28 GOLD

6.52 PLATINUM

98.8 PALLADIUM

2.13

0.15

https://www.lse.co.uk/rns/EUA/monchetundra-operations-restarted-k5qgv48x511odqt.html

GLA

They know, but we're not allowed to know yet. More excitement from the unknown -

"Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain. Nevertheless, we look forward to updating our many long-term supporters and new members."

GLA

Hands up if you know the Oct to Oct share price chart, ok, that's done. Now, who knows the Nov to Nov chart, or the Dec to Dec chart?

Sometimes the not knowing is more exciting than the knowing. . . .

GLA

Even the monday RNS about share price increasing, told everyone to refer to the 30th sept RNS pretty much -

"There have been no new developments requiring formal notification beyond those included in the Company's announcement of interim results on 30 September 2020."

As i say, we were informed of DLA Piper being here in that sept RNS. To certain ii's that only means one thing. To certain Pi's, that also only means one thing. To the flappers, shorters, traders etc, that means make as much irrelevant noise as we can lol

GLA

Give over. Chat boards were full of nonsense about that monday morning RNS, people claiming it was a speeding ticket and all sorts.

The article tells you that the sp climbed due to the for sale sign being hoisted, and that is accurate. DLA Piper came on board, the market was informed on the 30th sept, another stage of the sale process which ultimately lead to another rise in sp. ii's took that as their marker to get in, ii's who are familiar with DLA Piper. The article includes the old and out of date touted publicly known figure, so can't be classed as anything other than explaining the recent sp increases.

GLA

They will have been allowed to place it out there, because the value mentioned is inaccurate, it doesn't give anything away. It's an old in-situ value, which was touted here a long time ago. Many things have changed since that figure was first touted.

GLA

The article explains the sp increase -

"Eurasia Mining rockets higher as company hoists 'for sale' sign"

"In October, chairman Christian Schaffalitzky said the decision to raise the ‘for sale’ sign was the culmination of many years of hard work by the team in realising the value in its projects."

Many years of getting assets through the development curve, to a stage where substantial value can be gained from the sale process that they're currently working through.

https://www.proactiveinvestors.co.uk/companies/news/213971/eurasia-mining-rockets-higher-as-company-hoists--for-sale--sign-213971.html

GLA

Hi, yes, it has got pretty complicated tbh. We don't know if further applications have been put in for flank extensions etc. If they have, then there has to be some form of an agreement in place for those type of things. WK flanks, the second signature for it should have arrived by now, but, NDA's may be keeping it all under wraps at this precise moment in time. The VT app that R1EX refers to on twitter, is another potential thing that may need structured into any deal.
You're right, DLA Piper will know exactly how to legally structure it all.

GLA
It's going to be very interesting to see exactly what the full details of a deal for MT is going to look like