Member Info for Mjd2020

I know I won’t be the only one to suggest:

“Jubbed” or “Jubber yourself” - to violently and uncontrollably ruin one’s underwear on realising that an ill advised short has back fired monumentally

But I remember that one already made the urban dictionary so may already be covered.

Cheers Mac, was good to read a positive article about EUA written by a Russian for the Russian investor audience. To say we are considered to be leaders in ESG suggests EUA is well thought of in Russia which we already knew but always nice to see further evidence of.

Source:
https://m.ru.investing.com/analysis/article-200277382

About Eurasia Mining. And about asset valuation
Evgeny Kogan | 19.01.2021 12:27

Nice to get a view from a “local” EUA holder.

Can be translated using google. Sounds like a strong “hold” from this Russian investor who is President of the Moscow Partners Investment Group.

Refers to the asset valuation of 55p to 60p (made in Feb, 2020 but he doesn’t give a figure as of today). However, he closes with an example of a previous deal he did where the asset value ended up being far greater once it was in the hands of a business that could scale up.

Also says Eurasia is considered to be one of the leading companies in terms of Environmental, Social and Governance:

“Eurasia is considered one of the leaders in ESG (Environment, Social and Governance) and has been included in a number of indices and portfolios, including:
• L&G Future World ESG UK Index,
Liberum's Climate Portfolio.
Full compliance with ESG requirements is becoming one of the key investment selection criteria for large funds such as BlackRock, Premier Miton, KLP, which recently became Eurasia shareholders. For example, here is a release from BlackRock regarding investments in Eurasia. But this is
already serious. If BlackRock (NYSE: BLK) is included in the topic ...;)
Therefore, I am in no hurry to finally part with the paper. And let's not forget that both platinum and palladium are highly demanded assets today.”

Rhodium may well be my favourite PGM. Nice blue finish to the week, have a good weekend all.

Morning all, was expecting to see a DFS RNS so even better to read multiple non binding offers. Understandable that the process is taking longer than expected under the circumstances. GLA!

The BoD were delighted with the DFS’s finalisation according to last RNS, so I’m sure it will be worth the wait.

Bet their having a ball over at Dmitry’s house. Wonder if he’s had the DFS nicely wrapped and under the tree to open today, or maybe save it for next week and let the SP rise in anticipation of what’s coming next.

Nice write up in the FT about Rhodium today (updated from Nov.). Can’t post the link as works off so many views before needing to subscribe but if you google Rhodium and FT you’ll see it. Says car makers are scrambling for supplies even though car sales were hit by COVID last year. Doesn’t look like the price of Rhodium will be dropping any time soon. Trust the bod will get our maximum value here.

IF Beta Boost?

Great posts. Some will flap, while others ride the thermals. Our DFS paperwork was likely being worked on while we were eating turkey and Christmas pudding so let’s be patient while our Russian friends enjoy theirs and see what happens next week.

Happy New Year everyone and thanks again Tilly and JT for posting the updates, Mac, Ian and everyone else for keeping the BB in good shape. Good luck for 2021 in general and your investments, especially EUA.

Hope you all have a Happy Christmas. It's been a tough year for many but this share and BB has been a counter-balance to some of the doom and gloom out there. Looking forward to 2021!

Patientone, good point re closing shorts. You'd of thought only the accident prone ones will leave them open. On a related note, looks like Jub may have reincarnated as "JubGiving Ltd", Adam registered as a director on 25th of Nov and the SIC code is Fund Management Activities. Not sure if I'd of gone with that company name myself.

Was lucky to get some shares here before the trenching permission came through. Have been enjoying seeing the work GF and co have done since and looks like 2021 will be a good year for Alba.

Could still see something pop in today or tomorrow morning. Expecting the final results this month could really mean end of the month with how the holidays fall in Russia. Would maybe be better for momentum if it lands after our bank holidays are done. Not that I wouldn't love to see it drop now though.

Elon Musk probably just dragged himself out of bed and it chomping up some shares while he eats his frosties

I'm not sure whether the DFS will be 7.00am or intraday but I think that THE RNS will be intraday, officially because as many have said they wouldn't sit on it and will the added bonus of torching any shorts left open, accidentally or otherwise.

Also $900b US stimulus package agreed which will have a positive effect on PD price according to this:

https://invezz.com/news/2020/12/20/palladium-price-remains-in-a-buy-zone-as-investors-wait-on-u-s-stimulus-package/

Summary says:

"Palladium price has advanced from $2995 above $2390 last trading week, the current price stands around $2361, and investors’ attention is focused currently on the U.S. stimulus package. If the price jumps above $2400, it would be a signal to buy Palladium, and we have the open way to $2500."

Yes, it's important to try and respect everyone has an opinion. I like this opinion:

Citing renowned forecaster Metals Focus, it said palladium could hit a new all-time high above $3,000 next year versus this year’s record high of $2,789.10, adding:

“Quite possible—in the next five years—we can see $4,000 an ounce.”

Nice read while we wait for the DFS:
https://m.investing.com/analysis/palladium-seen-besting-rocking-platinum-with-2021-rally-200548355?ampMode=1