Member Info for mac4671

It's a consortium move by the look of things -

"CVC's interest sent Toshiba's shares surging. It is expected to make a formal bid, thought to be worth as much as £15.1billion, through a consortium that would take the Japanese company private."

GLA

Not sure if they can be a part of things or not, they have their own bidding war to contend with -

"Bidding war breaks out for Toshiba after Private Equity giant CVC Capital make an audacious £15bn bid"

https://www.thisismoney.co.uk/money/markets/article-9446507/Bidding-war-breaks-Toshiba-CVC-Capital-makes-15bn-bid.html

GLA

Was done by Eurasia themselves back in Anglo JV days. What Rosgeo (our JV partner) have done is all exploration and data on top of that -

"Eurasia is pleased to announce the results of its 2009 drilling and exploration programme, comprising a comprehensive analysis and interpretation of its Monchetundra (36.2km2)"

"Monchetundra

To date, 16,121m of drilling have been completed on the licence, with most of the intersections from the last phases of drilling having been previously announced in early 2009 as a table of results, without accompanying geological comment. Subsequent work during 2009 focused on an interpreted ore structure in the Loipishnyun sub-area, stemming from recent drilling, but also included several previously unreported intersections."

https://www.lse.co.uk/rns/EUA/exploration-update-kola-lm3av5onl7erthw.html

The explored PGM district, nothing better to have first mover advantage over, nothing better at all!

GLA

He won't like me EE as he can't get his disruption on the go, everyone sees straight through all of them these days, all genuine shareholders have been educated as to the real reason these green box types appear on the chat boards.

A few replies to them usually shows their true colours pretty sharp, the odd bait thread gets them biting like the fish they are as well. Green bin is the best location for them, they never have and they never will bring anything of any value to the discussion board here.

GLA

The digger guy at West Kytlym certainly deserves to grab a few with the rate he/they've been going there!

GLA

Indeed Aston, options, i had completely forgot. There's a chunk still there to be dished out, it could be why they need the EGM voted through at this stage -

Options

Executive and Non- executive Directors 02/11/2022 25,000,000
Advisors and staff 02/11/2022 105,000,000

Something to be dished out at FSP conclusion perhaps?

Binding offer to land in relation to total with options taken up?

GLA

Not personally seadog, James has also never received any shares, they're guys brought in for reasons pertaining to the acquisition scenario. They'll stay on at Eurasia and go to the buyer when this all concludes imho

GLA

I post at an extra rate when green boxes appear with waffle, it's a hobby of mine that i've found to quite enjoy during the covid situation. I call it 'disrupting the disruptors' and i think i've got it down to a fine art now lol

GLA

"The 11 partners in the venture are Air Liquide Japan, Toyota Motor Corporation, Nissan Motor, Honda Motor, JXTG Nippon Oil & Energy Corporation, Idemitsu Kosan, Iwatani Corporation, Tokyo Gas, Toho Gas, Toyota Tsusho Corporation and Development Bank of Japan."

https://www.h2-view.com/story/who-is-japan-h2-mobility/#:~:text=Japan%20H2%20Mobility%20(JHyM)%20created,and%20continued%20sustainable%20societal%20development.

GLA

The SP moves around all of the time. Fundamentals of the company have only got stronger, our recent director having brought several parties to the PGM party -

"Tamerlan has introduced several Asian companies interested in working with Eurasia, including a Japanese US$21b net revenue company, that is already present in a PGM mining asset."

Cast your vote and await the next great news from our hard working and target achieving BOD and team.

GLA

Definitely Bumble, the EGM RNS is there for anyone to take their time to read and see what the board says. The circular is also on Eurasia's website to read prior to makimg a decision. Most spent all weekend reading things a few times to digest the info and understand the situation that we're in.
I suggest that people read through things multiple times if they're unsure. It's a no brainer for LTH's like myself, so it was a very straight forward affair.

GLA

The BOD sorted out the FSP, the BOD sorted out the Rosgeo JV, the BOD sorted out Eurasia Japan. . . . . .

"Board's recommendation that shareholders vote in favour of the Resolution."

GLA

Yes oldspursfan, but how do you stop someone outside the FSP from moving in that manner?, the poison pill. It in effect protects everyone.

GLA

Just submitted my vote on such things, it was a very easy decision at this stage of the game.

GLA

Already done my valuation Broxburn using DCF etc. Similar to GMF78's but taking other things into consideration.

Anything done previously is just a marker, risk free routes to production are similar to a producer with high debt. Things balance out.

GLA

Poison pill, as EE posted last night. It gives the ability to -

" At times, it may be enacted to get a higher valuation or more favorable terms for the acquisition"

https://www.investopedia.com/terms/p/poisonpill.asp

GLA

Cracking post Pacha, i agree, the end game is drawing nearer every day now.

GLA

Indeed Delferg, everything is against them right now. Their games are clear for any real shareholder to see, they keep the irrelevant threads going for only one purpose.

The next flanks license for WK shouldn't be far off either, that will be another load of PGM's added to the play there.

GLA

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

Things will be melting nicely there for a good few days. The next sat images should clearly show that. Melting ice and snow = running water = the start of processing ore -

https://www.worldweatheronline.com/kytlym-weather/sverdlovsk/ru.aspx

GLA