Possible new type of deal5 Mar 2022 09:10
Obviously the desire to operate in Russia has now diminished somewhat.
A revised deal could be sell the bulk of the assets for a substantially reduced amount,say $2+billion and have Eua 2 left to proceed as planned and also collect a royalty fee on the metals havested linked to prevailing prices .Thus ensuring EUA benefits accordingly if prices remain high.
This reduces upfront cost for new owners,gets production going and means Eua collects a great dividend for the life of the mines.
Result, everyone has a good share of the spoils.
The sale price mentioned would hopefully yield around 40p a share and a rosy future for the company.
Perhaps CS or DS may act on this advice,seems pretty doable.
AIMO.
Admiration for Ukrainians.