Member Info for paulb76

Ok we will see!! I honestly don't think the BOD know what to do now....they have realised a no sale is real now and cash is running low as well!! Turn left and the door is shut, turn right and it's double locked!!!

The bottom comes when the no sale RNS comes I'm afraid!!

I'd also point out to those who shout 'sell up move on' if I was only a few hundred pounds, heck even a couple of thousand down I'd be out like a shot with all the information we now have now but unfortunately I'm a lot more than that down so it isn't even an option for me! I'm not interested in prices dropping lower as I won't be topping up as I want my money out of EUA not ploughing in more on the hope (as that is what it is now) that an asset sale happens!!

This is the situation....if you bought shares in EUA for the company to develop and increase in size it's resources and output etc then they are doing a marvellous job, that cant be denied BUT if you bought the shares hoping that a sale of some sort was going to happen then they have failed miserably so far!! Probably most on here have bought in the hope of a sale (me included) so yes TW we have a right to be .ucked off with the BOD as they have not delivered so far!! They couldn't get a sale across the line when credit was cheap and there was no war going on, now look where we are?? And people think that a sale is close?? You are living in bubble land I'm afraid!! Nobody so far is willing to stump up the cash to buy our assets plain and simple!!

Yep Mac totally played most people on here....along with BOD in my opinion!!

100% correct...what do we actually know about the placings?? Only the amount and who organised them...the same company that done favourable research on us a few months later...funny that!!

This share is dead and it's just how the BOD want it, so when that no sale RNS comes and it will come, most people won't be here or be bothered to even raise an eyebrow!!

So here's the situation....
Sell today and get 0.675p approx or wait until 7digital is bought out and receive 0.695! You can currently buy for 0.684 on HL

Bankruptcy.....check out decree 254 in Russia! If any Divi is paid it's staying in Russia! Over a certain amount and it goes into a holding account which is only used to pay taxes and basically not leave Russia!!

Anybody read EKF RNS today?? Here's a snipit....
Russia Update

During 2022 EKF continued to supply essential medical products to its 60%-owned Russian subsidiary, in compliance with current international sanctions guidance and following regular management review. International sanctions mean that the Company remains unable to distribute cash dividends from this subsidiary and this situation is not expected to change in 2023. As at 31 December 2022, cash in Russia totalled £2.4m (31 December 2021: £1.3m).

Pointless I'm 84% down!!!

This RNS just confirms that us shareholders mean absolutely nothing to the BOD!! With all that's gone on over the last 18 months they could of easily mentioned this license in Dec 2022 to give us a lift with all this doom and gloom but they didn't and that speaks volumes about the company!!! Expect JN to leave in the next 6 months and return to his motherland with probably close to £1m in wages in his back pocket and EUA taking on some debt to keep going!!

Excellent opportunity for people to take a profit if you bought in the 3's.....PLEASE take it as we know where the SP will be in 5-10 days!!!

What are people's thoughts on JN since he came to Eurasia?? This was taken from the September 2020 RNS when he became CEO....
"James's focus will be to work with our advisers on the sale process. Since joining Eurasia in November 2019 after completing due diligence on behalf of a potential buyer, James has got detailed knowledge of Eurasia's assets and he is of immense help both in terms of the sale process and in terms of demonstrating to the interested parties the strength of our own management team and its capacity to execute"
James Nieuwenhuys, Eurasia's CEO and Executive Director: "In my new capacity as CEO and Executive Director I will continue to work with our advisers on the sale process of the Company and its world class assets, Monchetundra and West Kytlim, leveraging my relationships made over more than 40 years in the mining industry and securing a deal beneficial to our shareholders".
Has he done any of this to date?
I'm really not impressed with his decision to become non executive Chairman at Zeb Nickel.... remember he started off as a NED at EUA and look where he ended up!! Feels like a right kick in the teeth and it really wouldn't surprise me if in 6 months time he's gone!! Whether he leaves agreeing a sale remains to be seen BUT at the moment I know where my money (what's left of it) would go!!

For this company to prosper Paul Langworthy needs to go....he hasn't got the decency to resign (why would you on that kind of money!!) He has almost run the company into the ground and keeps needing handouts from investors to survive!! Why won't the BOD relieve him of his duties???

Just going to put this out there....our CEO Paul Langworthy took home £407k in 2021!! The same Paul Langworthy that has decimated the SP of the company and the same Paul Langworthy who is running 7digital as a going concern (that we might run out of money!!) Full breakdown below!!
£240k in salary
£158k in share based payments
£9 in pension contribution

Yes read it again and ask yourself how is this possible??? The man is in way over his head with this role and is being paid unbelievably well to do what??? What has he done for 7dig?? All these contract wins and extensions have done fu"k all for the SP and yet the BOD still think he's the right person for the job....I think the whole company needs a clear out from top to bottom!!!

Guys/gals don't forget to vote NO on resolution 3 at the AGM which is to re-elect Paul as a director....he's been hopeless at 7dig and cannot drive this company forward...he needs to go!!

Dave....the world has changed a dramatic amount since those RNS's unfortunately!! No material offers was said by CS at the AGM I believe!!

Mr Wolfe....yes unfortunately it does seem that way, it seems if you are not uber positive on the company then you must be a shorter or deramper!! Like I've said before if the asset sale happens then I'll be straight on here with my hands up but my take is it won't and we'll mine down the line somewhere!!

Layla1....again lets see what happens with the money situation!! One of us will be right and one wrong...it's good to have different opinions to others so carry on backing the BOD and I'll continue with my thoughts on how I feel this will play out!!!