Member Info for RMR1969

just need to be very careful here, bed and ISAs very difficult with some firms as the spread is larger than they like so it can be referred and that is risky due to timings and certainty of price......also if the ISA is not with the same place as the trading account then there are settlement periods to be aware of and you don't want to be risking that just now.

I am no financial advisor so obviously up to the individuals but just think it through carefully, maybe just better to pay any tax owing if that is what happens, not so bad really, we all have too and if you are liable for tax it is because you have made money!

On a personal level, due to the challenges detailed above I decided to sell 'other' investments in my ISA first and buy EUA in place of them, then sell EUA in my trading account, wait for it to settle and then move into ISA as cash and buy back what I had sold, a bit long winded but much safer this way as I was never out of EUA and with any luck the shares you buy back are cheaper after a few days!

If this is an option it worked for me.

Massive positive that the company have come out and clarified this so promptly, I am very impressed.

To my mind this bodes well, clearly keen to ensure everything is above bird and accurate.

Well done EUA, even happier tonight with my investment here if that were possible!

GLA

I am positive and a LTH here, no selling from me.

Interesting to see if this time we continue to rise post announcement, the last few times we have seen a similar rally into the news and then a little drop off following, hopefully this is the time that doesn't happen, but I will be ready to add should it occur!

Drunkinftl

There will be a number of reasons why we are where we are it doesn’t mean it is a negative situation.

We do not have the flanks clarity yet however most people on here believe it will materialise (myself included)

We have had no formal offer as yet although many on here believe it will materialise (myself included)

We lack absolute clarity in the value of the assets although many on here believe it is exceptionally large (myself included)

Investing requires people to research and take a reasoned view on prospects. Most here appear to be positive (myself included).

Based on all the above the current SP is of little importance to be fair and will bear little significance to the ultimate value applied to our enormous assets!

Bythepool

It has been 25 years in the making it hasn’t just happened on a whim!

There is also risk involved of course there is but in this case investors who have followed the story here are ‘comfortable’ with that risk.

There are so many factors to be considered - The Board, the assets, the market, the general socio economic landscape, the potential buyers, but on the balance of probabilities many here believe that the business could be sold for a large sum, no one truly knows how much but it could be very lucrative.

Alternatively no sale may happen but then we are set up to mine ourselves.

There is always a risk else as you say everyone would be in it making money.

Your call!

Wow that’s a great word, had to look it up. I will try and use it myself this week!

Cheers

Aquazi

Some people see it as buying GGP at a ‘discount’

Not sure on current numbers but a few weeks ago the value of GGP holdings at SVE was greater than the whole of SVE market cap!

So in essence you get everything else they have an interest in for free or you are getting GGP at a ‘discount’ however you want to consider it.

I bought into SVE a few months ago, made a few quid and bought back into GGP with the profit.

The SVE SP also appears to lag GGP a little so often an opportunity if you are quick!

Personally I don’t for the reasons mentioned on the Tils BB. OKYO is already trading, Bou is a clean company.

Just my view, worth a look at Tils board comments, made a lot of sense, they don’t appear to believe it will be them.

Not long to find out!

Andre1 - agreed, in fact I am not sure you kick these things off unless you already have an 'offer' in play, clearly nothing formal else we would have had to hear it, but you know what I mean.

I think we are just trying to eek out any other interest before the hammer falls. We now know NDAs were already in place re Monchetundra as it was stated in the RNS, so serious discussions been active a while despite what the doubters tried to have us believe.

drunkinftl - you are right, we may not be sold, that is a possible but in my opinion unlikely scenario.

However as far as shareholders are concerned it may well prove to be the best and most profitable outcome......!

I think I know the answer to this but also interested in other's views - does anybody actually believe the SP today, yesterday, tomorrow, next week etc, actually has any bearing at all on price EUA is eventually sold for, does the current SP really matter?

For me it is now a binary choice - you believe any offer will be below the current SP, then sell up or don't buy obviously, or you believe it will be more, then hold and buy as much as you can afford. Is that the simplest way of explaining where we now are...?

The daily fluctuations (and I do believe that the price is being held here for some reason) are of no real interest now. How is it that with so much interest, so many buys and sells, the volume of shares that have been traded since we came out suspension, and with everything we know to be going on, how is it that we have stabilised within such a tight range for so long, I am not buying the "there have been an equitable number of buys to sells" point either - no way!

9inchnail - you have a view and I respect that however your previous posts of doom on the EUA forum going back months demonstrate your misjudgement here thus far and like many others your comments morph as the story changes and you are proved incorrect. I think you are wrong to be negative and to date the Board have acted supremely well. Time will tell but I and many of the people here are aware of the ‘risks’ but very, and I mean very, happy with our positions.

Best of luck.

9inchnail - you seem pretty confident all is not well here. I therefore challenge you to short the share tomorrow and post evidence, if you are genuine and believe what you say to be true you would have no problem completing this challenge.

Look forward to your post in the morning!

again Calamari you are correct, however I would rather be in a share where a number of people sell 'small' and someone else buys large (ie £500k), than a share where a number of people buy 'small' and one sells large.........if you see what I mean.

buys and sells will level out but it is the make up of those transactions which is telling......just my view!

Lenoman - or did they??

If you look at the latest trades on the EUA website then it shows as a buy, check the time of the trade, I think it was a buy!

Calamari - I understand and agree, thanks for clarifying.

Best regards

Calamari - whilst I understand your point you cannot seriously compare this situation with any one of those, quite different and it is antagonistic of you to suggest there is.

Impressed too, the history is certainly there, looks like something could be brewing, at this juncture everything that happens has a purpose. Hat off to you!

KentRed - you are strictly correct, if all done and dusted then yes it should be announced, but very easy I would imagine for them, in consultation with the licensing body to hold off the final issuing until the time suits, which may be what is happening here, in that way they do not need to RNS anything presently save what they already have (which has pretty much told us it is in the bag). Just my view.......

Added again today, sold other shares in ISA to use my allowance and will sell from my trading account to buy back those shares once funds clear and I can transfer the cash, bloody rigmarole but simplest and 'safest' way presently as Bed and Isa not an option due to spread.......

Problem is I can't bring myself to sell the ones in my trading account just yet..........so in essence have just increased my holding and potential risk!

EhioEthio - I think you may be right, I posted a few days ago that the flanks issue was the one thing that still 'bothered' me, however on reflection, everything we have been told points to it having been issued, including the point in the latest RNS regarding production targets, that must include the flanks.

As you say I suspect the news is being held back to coincide with the offer announcement, I cannot imagine we will be sold without it, would make no sense whatsoever and I cannot imagine anyone would necessarily want to buy us without it.

Have also posted previously that it is the flanks news which would catapult the price north, maybe there is a concern this would take the SP beyond what is expected to be the offer price based purely on speculation and over excitement which would possibly cause some issues for the takeover to happen smoothly, I don't know and am speculating however I don't believe we would be at this juncture without them.