Member Info for mac4671

Hi pompey, yeah i've just read it again there, you're right, i think it will.

GLA

GMF78 and his power of 78 lol

https://www.powerof78.com/wp-content/uploads/2020/07/Eurasia-Mining_v6.pdf

GLA

This man is a shareholder, how he will be paid from all of this is by how much the shares go up in value. So rest assured that he has helped create the most water tight plan available, and is using all of his contacts to see it through to execution -

"Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others."

https://www.lse.co.uk/rns/EUA/eurasia-mining-plc-senior-management-team-appointment-i84vpyiztdgkr4i.html

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

GLA

Certainly a good deal to highlight what can be achieved via a good bidding war.

GLA

Execution - the carrying out of a plan, order, or course of action.

GLA

I like the idea of execution, execution of the deal -

"As your partner, we will support you throughout the entire sales process, from preparation, contacting of potential purchasers, due diligence and sale negotiations through to signature and closing. You benefit from a first-class, one-stop advisory and execution service."

https://www.ubs.com/ch/en/swissbank/corporates/corporate-finance/m-and-a.html

It's been all about the 'execution' for some time now ladies and gents -

"We are also delighted to welcome Iain to the Board, who as a qualified lawyer and M&A practitioner will strengthen our execution team, while we are making progress on our M&A plans."

https://www.lse.co.uk/rns/EUA/appointment-of-nomadnew-ned-and-suspension-update-tw5x255sbfsj7gv.html

GLA

Very wisely indeed stix, it all adds to the confidence here, oh, and the excitement.

GLA

Precious metals is definitely where to be, they just print the paper stuff off for fun-

"$20tn worth of stimulus"

GLA

Some UBS quarterly reporting figures for one to peruse at ones leisure -

https://www.ubs.com/global/en/investor-relations/financial-information/quarterly-reporting.html

Every day is a day closer ladies and gents.

GLA

Nice tweet, showing the higher value of UBS deals in Q1 this year, may the trend continue with the eurasia deal -

https://twitter.com/thevimster/status/1290839342517235712?s=20

GLA

Well done on the top up, good luck with your investment here.

GLA

Does appear to be a good example of what the sp may do when the time comes. All very exciting as a shareholder.

GLA

The 28 day rule doesn't apply here pompey, it was removed, but the BOD meet no less than once every 6 weeks, so we could be updated from their meeting -

"The board meets when an executive decision requires board approval, and in any event no less than once per six-week period."

From a bidding war, we will all achieve maximised value, all the people here on a success fee basis as well -
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

GLA

In our basket -

https://www.apmex.com/palladium-price

GLA

I bet UBS want a bidding war, just as much as we do. They would certainly make a handsome success fee from one.

A bidding war is very much available within a FSP -

"As such, a competing bidder can always make a higher bid and the board of the target company can always withdraw its recommendation."

https://www.lexology.com/library/detail.aspx?g=886cfad0-7f5a-4577-87e8-9136cd83b835
(Click the 'view original' tab after following the lexology link, if it doesn't take you directly to the article.)

"However, for companies with a small number of valuable assets, a would-be farm-in partner or asset purchaser might instead consider buying the whole company, meaning that the transaction then becomes a public M&A process subject to the Code. If several would-be bidders for the company emerge, an FSP may be the most desirable means to pursue that process."

Now where could we find several would-be bidders for the company? -

"All existing non-disclosure agreements interested parties have already signed with the Company in relation to the potential acquisition of the Monchetundra asset remain valid."

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

GLA

"In summary, the Company now has success fee based engagement letters signed with UBS and CITIC Merchant, and Eurasia's relationship with VTB Capital continues to be as previously announced on 25 November 2019."

https://www.lse.co.uk/rns/EUA/restoration-of-trading-on-aim-ilk6kjyqiv7ihse.html

GLA

https://www.bloomberg.com/news/articles/2020-08-03/ubs-quietly-jumps-to-highest-m-a-spot-in-europe-in-over-decade?cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_content=business&utm_source=twitter

GLA

Yes, it's an emerging market so will play its part. But higher demand will come from other sectors before hydrogen.
You add PGMs to batteries, they then go into everything battery powered, not just EVs, the terms of scale are far greater, and pretty much instantaneous.

GLA

No.

GLA

"Facing notorious air pollution, China is set to phase-in 'China 6' for gasoline-powered cars in steps, which is estimated to result in a 20% growth in average palladium loadings in 2020, driving local palladium demand to 2.56 Moz, with additional increase scheduled in 2023 (see here)(Fig. 2)."

https://seekingalpha.com/article/4324998-platinum-group-metal-demand-vehicle-emission-regulations-pt-to-pd-substitution-and

GLA