The recent drop27 Nov 2019 16:50
Am I crazy to want an even bigger drop to sub 2p? Not that I expect it but this is AIM so... selfish? Greedy? I dunno but what i do know is I invested a paltry £140 (yay min wage zero hour contracts!) @0.98 and wish I had more to invest at the time so for me looking at the fundamentals of EUA, even if I am no expert, the lower this goes the better the opportunity imo.
Why? Palladium future markets have stated a physical shortage of some (?) 2 million ozs (going from memory). Now given what the September offer was on 1.9 M/oz of Palladium then I reckon this is going to do more than just recover and that is without including the much cited 'flanks' license that could bring salable assets of PGM materials to 15 million ounces.
So basically what I am saying is that if I had a thousand to spare @ 4p range I would have consolidated and still not panicked through this recent drop.
DYOR, of course as despite most seeming to think this is going sale route one can never quite rule out the possibility of EUA partnering up or even going it alone on mining all of that PGM for themselves which would extend pay days for most projections I imagine and personally. I want a sale if only as, again selfish reasons of, I'm going to need some quality dosh (in my poor perspective anyway) in a years time.
Either way, EUA have solid short,medium and long term fundamentals for a small cap AIM mining co. Again, IMO.