RE: 3.5p open30 Dec 2025 07:59
Shameless non invested sheets such as crypto the massive fantasy chump aka CTC aka hairyhole, Wn4kerwolf, King Snidey the Jubbed, jeez even dragged the mangey mutt scottydawg out of the troll box to pee all over the place. The glee they showing is simply puke inducing from a bunch of pukes!
going to repost Consilium post from yesterday even because it is the best and sums the situation all perfectly. Ignore the freakin sad sack trolls! Even if does dip down as proved in the recent past can bounce back pretty hard.
By Consilium
Lots of thoughts about Eurasia, but my main ones are:
1. It's very sad to see what should've been the largest takeover in AiM's history reduced to selling off small assets piecemeal because of circumstances completely outside of their control.
2. The BoD are suffering more than most of us with the pennies-on-the-dollar sale proceeds, and must feel very demoralised having spent literally decades building up Eurasia only to see geopolitical risk almost completely tank the resulting business.
3. Those screaming about corruption and back handers really should stop talking such libellous nonsense - there's no reason to believe that the BoD have done anything shady, none at all, and frankly given how utterly devastated they must've been about the situation the past few years, I think they've done well to keep the ship afloat and not just given up and walked away. I'm not sure most of the keyboard warriors on here have any clue just how complicated and demanding it must have been to just get to this point, after the earth shifted beneath their feet in 2022.
4. From a financial perspective $9m is a nice cash injection, and hopefully it will ensure we don't need any further placings to get into production.
5. Although I too am annoyed that we end up with 3 or 4% of the sale price net to us, look at it this way: the BoD have sold 0.3% of our assets, and generated more than 5% of our mkt cap in cash. Even if their future asset disposals are done at the same rate, that would value every 1% of the company at about $28m, so the whole shooting match at about 2.25 billion pounds!
6. For a long time I had been annoyed about the BoD's radio silence, particularly when they exited the FSP with no deal announced and very bare information to the markets, but I think they've done well to get us this far, and I'm very willing to admit that my view of CS was wrong and rather unfair. Let's face it, if the BoD can get their life-changing exit money from this eventually, then we will all profit very handsomely all alongside them. I'm only holding a little over a million shares here now, but I'd still be delighted with 50-75p in some years if they can pull it off.
We'd all do well to let them get on with the job, support their plan to deliver working capital (rather than getting nothing with asset nationalisation) and accept that their moonshot capital gains are tied to our own shareprice success as individual PIs.