Member Info for mugwump083

So Hoochy, your guesstimate of the sale price per share of £35 means a total sale price for the whole of EUA of about £96 billion then, is that right ? Meaning the entire resource would be actually worth about one thousand billion pounds in total ?

So that makes Monday morning for the RNS from EUA announcing an offer from Norilsk then ? It's so obvious I'm probably completely wrong. But then it is a bit of a mystery where Norilsk might be spending $28 billion, or about $26 billions less their recent fine, if they are not spending it on EUA.

I made a small purchase today after 1600 hours to top up my other shares bought from less than 2p in October 2019 & at various times since. My purchase today shows up as a sell on the LSE website here and on the EUA company website too. Also on the proper London stock market website it shows up as off book.

I think this must be a deliberate ploy to depress the share price as much as possible to let mates buy cheaply as we all know today's share price of around 25p is a farce & completely falsely valued as the buyout will be for a lot, lot more than 25p, otherwise there would be no point for the BOD to want to sell. This is a market cap valuing the entire company today at only £703 millions ($.878 millions and very much less that one billion dollars). A total joke of a valuation.

And if the sale falls through & doesn't happen it will only be because the BOD know they can make much more by mining the stuff themselves.

Norilsk is having a shareholders presentation on Tuesday February 16th at which any involvement with EUA would presumably be discussed. As Norilsk borrowed $28 billion recently saying very vaguely it was mostly earmarked for future investment, they will obviously be talking about that in more detail at an investors presentation, won't they ? And you have to ask yourself why are Norilsk having a shareholder presentation right now with $28 billions waiting to be spent on future investments. My oh my; I just wonder what they might be planning to spend that huge sum of money on. Can anyone here think what it might be ?

There are many reasons why it is fairly certain Norilsk are involved in the buyout of EAU. One is Dmitry Suchov's previous connections with Norilsk. I'll refrain mentioning the various other reasons.

If it is the case that Norilsk will be talking about investing in EUA, or not investing in EUA as the case may be; either way it seems inevitable EUA will have to issue an RNS prior to the Norilsk shareholder presentation on the afternoon of Tuesday, February 16th - in four days time !

Does anyone know how it is possible to view today's webinar

that the announcement of the takeover by NN would be Monday Feb 15th. I wonder if that could be true; or did I just imagine it.

|That should read $35 billion - obvs !

Who sells a huge asset, probably worth well over $50 billion, for as little as only $3 billion ?

On an entirely separate note; Norilsk casually announced recently they had borrowed $28 billion. They were very, very vague about why but did mention some of it was for future 'investment'. I wonder ? Could 2+2 add up to make four ?

Norilsk could spend $10 billion of that on buying Eurasia without blinking. Except I suspect Dimitry Suchov expects more - maybe about $15 billion, as Eurasia is still giving away at least $35 of the Eurasia asset.

Your post complaining about my completely factual post about SNG being appallingly bad managers of the Home Trial, is a work of puerile fiction that only a real thicko could write. I have never been into shorting , ever, as it happens & I also believe SNG a brilliant investment on which I have already made significant profit and expect many more multiples of the share price still.

You would have to be spectacularly dim without much in way of a brain at all to think any normal person would want to short SNG right now as it is clearly heading a lot higher when results of trials come in as we all already know for certain the drug works well and is safe, having previously been approved and successfully used for a different illness.

You just indicate exactly how stupid so many posters on this bulletin board are & I do wonder how many are rather backward people employed and paid a few pence to write drivel on bulletin boards.

Realism79
Writing Ha ha ha a few times in response to my post indicates mental illness or possibly being high on silly drugs like weed.

Your post is so stunningly ignorant it makes it a good example of the majority of the posts showing utter drivel that have been posted by mentally abnormal attention seekers in response to my entirely factual post about how useless SNG have appeared to me in terms of managing their Home Trial.

The illiterately & childish drivel so frequently posted on this bulletin board is pathetic and makes the board almost worthless.

Where do you get the idea I did not contact Synairgen directly ? I did, both by phone and their website. You are obviously an illiterate fool who posts complete rubbish.

Are you mentally deficient or something ? Where do you get the idea I was born in 1983 ? Actually I'm 72 years old.

I took a PCR Covid test on December 31st and 'enrolled' (applied) to the SNG Home Trial that day. I was phoned later the same day by a doctor who came across as a complete 'nosepicker' in the first couple of sentences he uttered. The relevant facts he told me that astonished me were that SNG had only recruited about half the required number of people & was only 'halfway through' the Home Trial recruitment and that the phase three trial 'parameters' had been taking a long time to determine and so the phase three trial had not yet started.

He further stated that 'the hospital pharmacy is closed now for the new year holiday & so we cannot commence new SNG treatments during this time'.

Those are the facts. Further conversation with him indicated he was ignorant & had no idea whatsoever how to manage or organise anything and seemed to think it was perfectly normal to take about five months to find a few hundred people tested positive for the Covid virus to take part in the SNG Home Trial when hundreds of thousands, rapidly rising into millions, of people were being tested as positive for being infected with Covid during this period of time.

He spent time droning on about how it would be 'illegal' for him to accept me onto the trial & how 'important it was to obey the law' because I had not yet had the result of my test, and anyway because of delay in access to the SNG drug from the hospital pharmacy, it would be too late as SNG need to commence treatment within seven days of onset of Covid symptoms.

Of course I did not expect to be finally signed up for treatment until I had a positive test result returned to me, but I pointed out to this braindead dipstick that it was certain I was positive, having fallen ill with all the Covid symptoms soon after me being notified by other family members who I had been with just one day before they were all tested as positive for Covid.

So, I pointed out once I had received a positive test result I could then join the SNG Home Trial as I fulfilled all the relevant parameters of the trial such as age etc. And the closure of the pharmacy until January 2nd wouldn't matter as I would still be able to start treatment within seven days of testing positive because it would not be until January 6th that seven days would have passed since onset of symptoms.

I finally received my Positive Covid test result on January 4th, well within the seven day window of onset of symptoms, despite the utter incompetence of the test & trace system taking five days to provide me with the result of the test.

The sheer ignorance of the people running the test & trace system just takes your breath away as does the mentally challenged nosepicker who wilfully failed to use a useful recruit to the SNG home trial - indicating the reason it has taken so long is the sheer incompetence of the those people organising the SNG Home Trial.

The bottom, line is that I was NOT taken on as a recruit.

The thing preventing publicity is the regulatory bureaucracy saying it is forbidden to advertise, market or publicise any medical product that has not completed the regulatory process and been approved.

So this makes everyone in Synairgen terrified of saying anything or speaking to journalists and the media themselves are also terrified of the pure horror that is the regulatory bureaucracy as they are all idiot jobsworths with zero imagination. Consequently the media have a delusion they might be breaking the law by merely talking about a drug that has not completed the regulatory process.

People in this country just fail to realise how rotted with bureaucracy their brains have become and how the greater part of the entire population are pathetic jobsworths entirely devoid of any initiative at all.

The thing that is preventing publicity is the

It was announced over the weekend that Pharmaceutical giant Astra Zeneca had paid about £28 billion for a USA Pharma business with sales for the past year of £5 billion. Profit on those sales is less than £5 billion, I would guess profit after costs of sales at no more than £2 billion. Just a rather woolly, inaccurate guess, but an adequate enough approximation to illustrate my point.

£2 billion might reasonably be expected as Eurasia annual profit after mining costs over at least a thirty year life of the mine.

All businesses are the same at their most basic level. They all sell a product for profit & so all businesses are exactly the same at the most basic level of their 'figures' - whether mines, medicine or making ladies knickers - they are all the same. They are just devices to create cash flow to produce a profit margin no matter what type of business they are.

So, here we have two companies producing about the same profit each year who have employed the best & most expensive banking experts and lawyers to determined exactly the right price needed for Astra to pay to buy the USA Pharma business earning just £5 billion in sales with my estimate of only £2 billion annual profit.

Eurasia is just selling it's estimated future profits. It doesn't much matter it's a different type of business. Figures are the same thing wherever they are.

So you might imagine we would also be sold for about £28 billion. Why would it be less ? Astra have set a benchmark of possibility. But this figure clearly indicates that any lesser figure looks like a bit of a rip off

But, hey ho, half that might do at £14 billion which makes a sale price of about £5.60p per share.

What do all you folks think ?

is to consider that after paying for the costs of mining the stuff out of the ground we have something like at least a minimum of about £60 billion net profit (probably much more) we aim to dig up over approximately a 20 year life of the mine.

That is an average of about £3 billion of net profit after costs dug out of the ground each year of the mine's life.

With only 2.76 billion shares in issue that is slightly over £1 (one pound) profit per share for each year of the mine's life.

So, just for example, only four years of average net profit/potential dividend for each share would be equivalent to only about four pounds per share or a total buyout price of £12 billion.

Thinking about this objectively tells me I would consider myself bonkers to sell for even this figure, let alone anything less. Personally, my decision would be not to sell at all but hang on in there & develop the mining myself because that way I would have far, far more money after three or four years as the share price just carried on going up as development progressed.

But maybe there could be that large lump of cash to lure me into a part sale PLUS continued profit share through a joint venture of some kind. One thing is for sure, I wouldn't just give it away for a mere pound or two per share unless I was very stupid.

And Richard Marsden is a sterling bloke. BUT UNFORTUNATELY he is a clueless businessman in that he fails to understand the cuthroat pressures Synairgen faces from elsewhere. If he was more clued up he would realise these things and therefore do a lot more to publicise this fantastic product right now and bring it to market much earlier by taking advantage of various publicity opportunities prior to official approvals. Thus creating public understanding of the nature of the product and also creating demand for advance ordering and vastly improved share price due to better public understanding of what is a revolutionary drug already known to be both effective AND SAFE !!!! Richard needs to appoint a clued up marketing director. ( Like me Lol !!)

It is truly appalling software and is so lousy I find it un-useable

50 pence a share for the takeover would be a derisory amount as the value of the pgm metals in the ground (about £70 billion) is about 46 times that figure or about 33 times the net value (about £50 billion) of the metals after mining costs to get it out of the ground.

What kind of nutcase gives away £50 billion net profit for about one and a half billion pounds cash up front. Only a total idiot would do that, I would have thought.

I do not understand that if AVACTA have all the knowledge of how they have employed their engineered Affamer molecule to design a Lateral Flow test that works, how on earth can it take weeks and months to liaise and co-operate with a manufacturer to give them all the information needed to manufacture on a large scale what AVACTA must have already made on a one off, bespoke, made by hand basis ? It seems like bureaucracy gone insane.

Can anyone explain in simple, plain English, instead of bureaucratic garbage-speak why and how something already made 'by hand' can take so long for an experienced large scale manufacturer already producing similar products to work out how to make & just then get on with it.