Member Info for Montmuzard

There was also a resolution, I believe, pertaining to calling an EGM at 14 days notice. Now, why might we need one of those?

The threads aren't ruined if you green bin them all. You just see lots -- and I mean lots -- of green boxes, with only the intelligent/sensible/non-nuisance posts visible.

I see the green coffins are out in force. Just give it up guys. You're howling into a void.

"...how does it actually help on the ground with getting a sale done if the UK listing and regulations were an issue in the first place??"

Because the UK listing is (a) a barrier to an exit from Russia via an asset or company sale due to Russian restrictions (i.e. valuation haircut and contribution to state fund which would decimate the sale value) and (b) Russian (and to some extent Chinese) buyers cannot buy shares on AIM/LSE. The AIX listing overcomes (b) immediately by giving those investors access, in turn improving liquidity and hopefully pushing up the share price. It does nothing for (a) in the short term, but it may facilitate it in the medium term. Given that it is quite likely that there will now be "a competitive process" whereby "strategic investors" try to accumulate as much exposure to Eurasia's assets as possible through buying stock, one or another of them will accumulate enough to then attempt a full share buyout of all remaining stock, or the process will take long enough for the Russian exit regime to be wound back whereupon EUA can exit via an asset sale. Either way, we're about to witness a bidding war between big players IMO. Get your popcorn ready.

Come on!! 🚀🚀🚀🚀🚀🚀

Boom!

This is gonna be a very spicy finish today

Ticking up again ...

Agree - there were a few big trades like that reported late. Naughty naughty.

It looks to me like MMs are trying (and struggling) to keep a lid on it.

Also looks like a little mini tree shake has just bumped off 1.04 and we're climbing again.

"Montmuzard, you’ve held from around a penny all the way up to 42p and all the way back down again. I’m sure you’ll understand why I see no reason to listen to you"

Put me in your green bin then, as I'm about to do with you.

Looks like the share price has bottomed out now after the raise, and we're about to start the long trek north to higher highs in anticipation of webinar, secondary listing and ceasefire. Time to move now IMO 🚀

The only little green things I can see are the rows and rows of no-marks screaming in their green coffins for nobody to hear

"I’m finding it difficult to believe a word that CS tells us, I’ve lost count of the amount of times he says one thing but then does another"

There's a rational explanation for every single thing that has happened for the past three years in terms of missed timelines or incomplete strategy: the war in Ukraine.

"How much has that Sandersons deal cost us in additional shares/warrants issued? I also note he’s extended the others warrants for another 3 months and I can’t figure out in what way that benefits us shareholders"

The Sanderson deal potentially stopped the UK PLC going under because, even in the event of selling the WK concentrate, there was no guarantee that there wouldn't be a massive haircut (bad for shareholders) or even that they could repatriate the money (bad for shareholders). The other warrants are 41.5m at 26p. So one very obvious benefit of them is that they will only be taken if the share price reaches that level or higher (good for shareholders) and, if they do, we'll immediately have another £10m on the company balance sheet to nicely offset the dilution (good for shareholders).

Plus, as an added bonus, if we get anywhere close to that level, you'll also have a great exit opportunity yourself regardless of a sale happening as well as an opportunity to thank CS for getting you there safely when, at any point over the past three years, the company could have been expropriated, sanctioned or squeezed out of business had they taken different courses of action to lying low and doing their best to keep adding value through new licenses, DFS, quietly mining WK, winning court cases etc.

Fair few newish posters here -- probably all the same person -- ripe for a trip to the green penitentiary I think

"There were plenty claiming that EUA wouldn’t have to raise, surprisingly they’re all very quiet now regarding this despite being so vocal normally"

To be fair, they didn't have to raise. They've clearly decided to do so as, ultimately, it puts shareholders in a far stronger position to swap the Sanderson facility for a relatively small placing + warrants at an average of over 6p. It's a very good deal all things considered.

What a nonsense post

This is unalloyed good news IMO. Might take the market a few days to digest it but it puts a very clear floor under the company's share price and has us looking towards much higher highs.

It's not going to take a lot in terms of newsflow to see the share price take off here. When it moves here, it moves.