Member Info for Montmuzard

Robert is a dibsh** isn’t he?

The statement “providing additional upside” suggests to me that they already know what is going to be in the next NKT update…

@Mac - it’s also just one bit of NKT. Open pit PGM still to come!

I would snap your hand off for £1.50 right now. That would make me (almost) a millionaire, all nicely salted away from the taxman in ISAs. No point being greedy, especially if it were that much for an asset sale with a rinse-repeat coming down the track in a few years' time...

Its special div central today.

EUA don't owe anybody anything. A third party advertised them speaking at an event which they are now seemingly no longer doing. They never RNS'd it or advertised it themselves. Nothing has changed from where we were a week ago. I find it helps to the RNS's, ignore the speculation, market gyrations and green coffins spouting nonsense.

We seem to have a number of villages missing their idiots this morning. We can only take that as an excellent sign.

"Somebody is running out of time to get large orders filled"

Well that was a fun day. Imagine being a few million short and knowing that you desperately need to find those shares, but nobody wants to sell. I'm amazed anyone is selling now, rather than clinging tightly to their golden tickets. Then imagine the board dropping the big news, say, tomorrow, and suddenly you still need to find those few million that you're short, but the price has gone up to £1.80/share. Har har. Rums all round shipmates!

Give it a rest Roger. You’ve been playing the same tune for months. The board don’t care what you “need”. If you’re not happy, sell out. I haven’t actually been on the forum much for a few weeks but I could have dipped in at any point over the past year or so ams guarantee that all your messages are moaning about exactly the same thing. If you don’t have the patience for investing, don’t invest. Simple.

Two kippers totalling 1.45 million shares worth £400,000 after the bell. That’s why the price was held down all afternoon. Someone is obviously very confident about where this is going.

If you sold any shares that found their way into the sticky hands now holding those monsters, do yourself a favour and punch yourself hard in the face. Again.

If, however, you held onto your golden tickets tightly, poor yourself a large rum and have a chuckle.

“ Of course unexpected raises and other **** never happens elsewhere on AIM...”

True, but just look at the way the Eurasia directors have handled their recent raises: clearly spelled out, limited to just the amount needed for crystallising specific strategies, only ever value-accretive. But then they have plenty of skin in the game, owning nearly a quarter of the company between them. It’s much easier to dilute PIs when you’re not holding much stock bought with your own money yourself.

I’ve moved most of my EUZ shares around the past year or so to try and get some better returns elsewhere, hence not posting here very often. At times I’ve been nervous in case the big day arrives here, but am increasingly pleased that I took that risk. I’ve finally moved the last few out completely today (that batch at a 70% loss: straight into EUA where that money will be earned back in short order). This week's dilution — which is at least the third one I’ve experienced — was bad enough, but immediately then posting an AGM notice where the only item is yet more dilution is utterly tone deaf. I’ve completely lost confidence in the company now and my patience has totally run out. Toral should have been sold soon after the consolidation but that was, what, like nearly 18 months ago!

Even if they pull a rabbit out of the hat I won’t care, and it would have to be a pretty miraculously huge, and therefore implausible, rabbit in any case. I don’t see that EUZ — in their appalling communications, lack of directorial skin in the game (in terms of shares bought with their own money), or strategic focus — deserve any more support. I hate to use the kind of language normally deployed by the deramping brigade, but I’ve come to the conclusion that this really is a jam tomorrow lifestyle company designed to extract salaries from credulous shareholders. Well they’re not getting any more of mine.

"We’re in a commodity bull run and the BOD may feel now is a great time to get more iis on board for the long term and shaft pi lths in the mean time by hitting them with a raise at a huge discount."

Dmitri has nearly half a billion shares. Almost 20% of the entire shareholding of the company. Why on earth would he do that to himself when they have offers from credible parties on the table and other offers which have come in since?

Get well soon JT.

It’s definitely going to be a fair few bags from here, but you have to take into account (a) options outstanding, which means the final amount of shares in issue will be over 3bn; (b) the fact that not everything will be minable, and there are bound to be discounts for relative differences in the extent of what is fully proven or not, so getting c.10% of everything is unlikely IMO (although any resource upgrades could expand our overall amounts); and (c) fees for UBS and DLA Piper, which will be substantial given how long this has taken.

One thing working in our favour, though, is the decline in Sterling against the dollar: 5% down since May which means 5% more money for us.

I’ve got very high hopes but just don’t see the really silly money being talked about happening. Somewhere between £1.50 and £2.70 IMO.

I'm sorry, but how anyone can read the words "....additional interest from other parties is being considered by the Board" and not get a stirring in their loins - or, as Tilly puts it, mutton musket - is beyond me. Additional interest = players sticking a few extra quid back in the fruity to keep playing the game. It's the BOD telling us that the price is going up and up and up. Who cares if it means this runs a bit longer? I'll happily wait a few more weeks/months if we're talking extra tens of pence (and even pounds). However, it won't be weeks: once the JORC and MT flanks stuff lands, we're right in the endgame.

Just ticked up towards 26p.

I see the clutching-at-straws crew are trying their hardest to deramp but even their hearts aren't in it. They know we're holding long and strong until the end, and they know the JORC bomb is just moments away. Still, a few more to throw overboard into the big green sea.

Right, that's it. It's half-four. Anyone else got a little tingle in the old nether regions? Come on Dmitri: drop the bomb!

It's 80% of my portfolio (!) but that's largely due to growth rather than me actively over-weighting it. So if it all goes belly-up I'll still have most of what I originally put in to my ISAs. However, I see this as a one-off: the upside risk of being extremely financially comfortable far, far, far outweighs, for me, the downside risk of being about as well-off as I was previously and just having to keep working to 66. If it didn't, I would even be investing in Aim shares, and my portfolio would be creeping up at 5% a year, meaning I would still be working until 62. No thanks.

So wouldn't it be great if they pulled a fat white rabbit out of a hat and dropped a big one intra-day today? Just for laughs. You know, toast a few shorters. Let a few fireworks off into the weekend. Maybe then drop another one at 6.29pm tonight too.