Member Info for mac4671

What, if any, factor do people think russian rights to surrounding areas will play in all of this?.

I'm currently thinking that there will be some value attached if the buyer gets all the rights that eurasia currently have, it wouldn't be anything significant, but to a russian buyer who knows all of the laws about the rights to further surrounding areas, then it could be a very favourable scale tipping point for russian company to bid pretty huge imho.

WK for example, we have already seen how fast the area can be expanded via those rights, up to 117 km2 in a pretty quick time, but that is just the start of WK, the historical license that was explored with anglo was much larger, and i believe at least most of that old area can be easily applied for using the surrounding area rights -

"The 251 square-kilometer license area lies within the Kytlim Platinum District"

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

GLA

China vs NN in the heavyweight PGM bidding championship of the world, who will be victorious?

GLA

The ACF was the latest, there were a few as things went on while it was still trading, even zac mir had a target of 18p in a couple of weeks if it had carried on trading at the time.

All history now though, bidding war is what we've got, should be quite exciting as it goes on imho.

GLA

https://www.youtube.com/watch?v=LH-QwK4v0ZI

GLA

I had forgot about bigmj ian, it will be interesting to see if he appears again on the chat boards while this goes on.

Very well done.

GLA

That is quite some holding. Good to see them coming out of the woodwork already!

GLA

Stick to RNS, it's the best way -

" the application had been approved by all federal bodies including FSB and Ministry of Defence and awaits a sign off by SevZapNedra "

GLA

Cheers IAB, it's interesting that pretty much everyone genuinely involved thinks Norilsk.

Let's all hope for a epic bidding war to reward us all for our patience here!

GLA

It definitely says market open on ii when you click on eurasia in a portfolio via the phone app, what you can do after that i have no idea about as i didn't try to do anything knowing that the shares are suspended.

GLA

Anglo might put a bid forward, costly at this stage though!

GLA

Ii is weird, mine says zero, but if you click on it then it says market open and up 5.11%. I guess they're having problems updating their system.
That's via the app.

GLA

It's out of our hands either way, they'll make the right decision as they have done all the way up until this point, so i wouldn't really get too concerned about it.

The BOD have a lot of skin in the game, wgich in turn ensures the best route forward imho.

I hope suspended untl first bid lands, but i wouldn't be disappointed if it resumes trading as institutional investors and the like will undoubtedly pile in before final bid time.

GLA

£1.17 cheers

GLA

As per the for sale offer -

0.1p ordinary ISIN: GB0003230421 NSI: 2,724,774,624

GLA

Would be rude not to have a peek at what we're getting -

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

GLA

Some recent news and activity can be found here for anyone who's interested -

https://www.crunchbase.com/organization/ubs-investment-bank/timeline/timeline

GLA

Positive press -

https://www.gfmag.com/magazine/april-2020/worlds-best-investment-banks-2020-deals-year

GLA

A top 10 contender for the quarter it gets done?

https://www.fintechfutures.com/2020/04/2020-review-top-10-ma-deals-this-quarter/

GLA

There's plenty money out there for M & A moneymaker -

"M&A bankers are relying increasingly on a few megadeals to sustain revenues. Transactions above $10 billion in value accounted for nearly one-third of deal volume in 2019, the highest percentage on record, Dealogic reports."

GLA

I'm definitely thinking weeks here rather than months, how many is anyones guess. 4-6?

GLA