Off post8 Oct 2020 12:47
Apologies for off post but just to emphasise my improved research level.
With respect to Ian on Eua bb.. EUA Some facts:-Today 11:12
We know the company has been around for 25 years and is not new.
-
We know the directors have a massive amount of skin in the game, a fantastic positive when the BOD show by conviction.
-
we know the company has at last turned the corner and is starting to make some money.
-
We know the company has no debt now and has stated it will not require to raise funds going forward, growing organically.
-
We know the company has removed the middle man and has since last September started to mine itself on a 100% basis.
-
WE know the company mines a valuable product that is rare and very valuable and will be required in larger quantities.
-
We know the company has one of the cheapest open-pit mines to operate.
-
We know the company has directors fully aligned with shareholders.
-
We know the company has got two of the largest world banks involved to sell either the whole company or its assets, UBS and CITIC.
-
We know the company has now got recently DLA Piper on the legal side to work with the Company through the sale process.
-
We know the company has purchased new equipment to speed up production.
-
We know the company welcomed Institutional Investors on board by Issuing new shares at NO discount to the prevailing stock price, unheard of on AIM.
-
We know the company was approached by interested parties to obtain either the full company or its assets.
-
We know the company instructed ACF to produce a company report assessing its true value for basing offers on.
-
We know the company represented Russian mining at EXPO.
-
We know we have been awarded the flanks license vastly increasing our asset acreage.
-
We know we have recently been awarded the Tipil license.
-
We know the company is classed as 'The Last Non - Consolidated Palladium Play' and that is the main point here, the company has a very valuable array of assets that contain oodles of valuable PGM's that are not seen on such a scale except the Bushveld complex in South Africa where the current production is hampered by power outages and industrial relations.
-
If you are a shareholder in EUA enjoy the ride by being steered by the very experienced BOD who knows a thing or two about mining!
-
Good luck all,
-
I have been giving my opinion that this stock is a stonking brilliant buy for about a year now and have never faltered from that view, currently up 1,205.97% in my portfolio of only this one stock, haha.
-
When a stock such as this comes along, you do not pass it up.....
-
Good luck to everyone invested in this gem.
Ian.