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The mm’s put a few pennies on the sp first thing and people got sucked in to buying and now at a loss as mm’s just drag it to a price that suits them . No amount of buying will increase sp if they don’t want it to, needs regulated with some form of accountability
Most posters here expected this to conclude last September, then it was definitely Christmas, now Easter is going to come and go and we will all still be talking the same guff round and round in circles .
One could be forgiven for thinking that eua are not able to conclude this and possibly out of their depth or else there is something fundamentally wrong as to why we are sitting at 27p.
With proven assets we have and sp where we are one would think mcap should be much much higher , so what is wrong ?
I’ve told myself all week not to buy any more of these but in a moment of madness this morning I did .
Nine months into the fsp and no news of offer is quite a long time , what I fear is that prospective buyer or buyers could pull out as there is only so much ground to give and if eua can’t make a decision or are unwilling to sell then it’s futile to carry on .
Another day or 2 of this rot and we will be a 1/2 billion mcap company , a total misrepresentation of assets in the ground , especially after independent valuation of 56p a year ago .
Totally unbelievable and unregulated
Any one shorting this at this late stage in the fsp must be privy to first hand information IMO as if what us lth’s believe to be true value of company assets and if rns landed to that effect then it would be financial ruin for them .
Question is how many days of 5-10% drops are bod going to allow them to have
When this sp was rising and people happy to buy and sell at higher levels bod quickly put a halt to it but when sp is continually falling day after day they remain silent .
The answer to this remains unknown but the more it goes on I am becoming more inclined to think they want to replace pi’s wit ii’s and when they have enough on board the fsp will cease and company will continue to mine themselves.
I know they told us about non binding offers but the ii’s could reject offer if they have the numbers.
I notice that Ford intend to have an all electric fleet of cars in uk by 2030 so demand on batteries is potentially huge , so possibly someone with deep pockets will be aware of this and will want a steady supply , only downside is that it may be 2030 before this concludes!!!
We know ubs and piper have been engaged but we know if they have actually done anything, the answer is no as nda’s are providing a smoke screen.
Dfs results are another thing , we should have been given them to help us make a decisive call regarding our investment here and would have impacted the markets whether they are good or bad
I wasn’t really expecting news at 7.00am today , I would expect if we are to hear anything and if it is NN then a simultaneous announcement at 2.00pm or just shortly after meeting starts so as no one gets the heads up
If eua really are worth all the billions people on here are speculating then the sp wouldn’t be sitting at 25p but rising with anticipation alone the closer we get to news .
It nearly looks orchestrated to get pi’s out and ii’s in setting it up for a no sale , ii’s fund an expansion program and reap the rewards over the next 25years .
Ii’s will be looking maximum return and that’s the only way they will get it
If people could just get on with their lives!!!! This board is behaving worse than primary school children in the playground.
If people here are frustrated at no conclusion to this fsp then I wonder how potential buyer/buyers are feeling at not getting a conclusion, as ultimately they know what they have to spend and have done for some time so eua prolonging it could have sand effect on them and they start to walk , just like share holders in selling out .
Time eua put up or shut up and stop messing around .