Member Info for roger65

Yep, at least I’m totally realistic and aware that my opinion is pure conjecture but tbh that’s all I’ve read here for nearly three years from every poster.

Good W/e all.

Damp squid! Love it.

That Tick up went well. Going to be the same as yesterday with a low ball UT.

Just goes to show no one has a clue what the hell is going on with this company or this stock.

Mac - love that you’re throwing out all the questions today but can I quote your own words back at you? It’s all in the RNSs, you just have to read between the lines… Like the rest of us, you’re hopeful. That’s it.

Nothing more happening here this year. I reckon there are delays with the NYUD license transfer and that’s why the JORC update can’t be released (because it’s not EUA’s yet and so isn’t price sensitive to EUA stock….yet).

Fear of being in seems rather more apt than FOMO.

Lost count of the number of times I’ve read that on Friday afternoons only for the sp to droop into the close.

Because Rosgeo have insisted they make some kind of a presentation supporting investment activities in Russia? This is being whipped up asnd blown out of all proportion now. If there was anything exciting going to happen someone would know and the sp would not be hovering under 30p. Jeez

Perhaps the EUA BOD have been asked for some payback in return for the Rosgeo JV by appearing and speaking positively about doing business in Russia.

None of the BOD have made anything of this event so I’m inclined to agree with some that it’s not a big deal and has no relevance to EUA’s current position as a potential seller.

Ah thanks Onassis. I’ll go and stick the kettle on then…

HL now not offering me a price on even 10k shares. That's about £4k worth. What gives?

Maybe Twisted is right. Wretched mms.

I can buy 50k at 26.99p on HL

LB I had wondered that. What do you think would be the immediate effect on the sp and sentiment from pis here in the UK?

It's a virtual event and each EUA rep will only have to speak for 12mins each and then be prepared to answer one or two questions. You wait, it will be a master class on deflection...

Unless there is a surge in volume of trades I fail to see how the relevant news everyone wishes to see and hear can be released to the market in a timely and ordered fashion. If all the buses do arrive at once then it would be highly likely the sp would be suspended as I don't think the market could cope (let alone LSE website!). If the RNSs had started landing yesterday then yes I'd believe it could be on. However, I think I am going to be reading posts saying 'is today going to be the day' until well into 2022 now... This will be the third Christmas I've seen come and go without 'the big one' landing. I admire those who have 100% confidence in the outcome but I'm still on the fence - and happily so for now.

I was out for most of yesterday so I've only just read back to see the thread on buying 68 shares. I've just bought 6800 at 27.975. Any profit from these I'll gladly donate to charity.

Ah no, that's dreadful news. RIP. Taken far too soon

Mac - come on! You know perfectly well that $35m raised was just to purchase the licenses from Rosgeo. If they want to mine anything EUA have got to do a hell of a lot of fund raising and $35m won’t scratch the surface. Yet again, you’re posting information in such a light as to be misleading. Nothing wrong with being positive but keep it level please.

Fwiw I think this event is not such a big deal on Monday and the EUA big hitters are only present virtually. No one knows what’s going to happen.

Big question for me is: where is the JORC report??? We’re heading for 3 months. That’s one Q ie NOT shortly. My hope is that it’s being held back for good reasons and is tied in with some kind of sale. Thing is, the resources update was being done on JV areas as well so if it’s being withheld for some reason then perhaps the JV areas are involved in an asset sale. I hope and pray we are asked to vote as that implies the sale is for over 75% of EUA assets and that should be be worth a fair old whack. I would prefer a complete sale so that I don’t have to make the choice of either holding for the special divi or just selling when the first major re-rate occurs.

GLA

Now hoping for this to recover to about 35 or 40p and then I'll cut my losses. Utter waste of time and energy and of course money!

Scandalous that DB got a bonus. How on earth must that Board Meeting have gone? Hey DB, well done on another great year. SP down 85%, no sales or contracts anywhere in the world and you've even managed to gets ome dilution in there too. Job well done. Here's a bonus. Makes me so angry. Even if he can bring about 30 - 40p for the sp he's blown it in my eyes. He's a liar, unprofessional and totally unreliable. Apart from that, he deserves every penny of his salary and bonus I reckon. FFS.

I have no idea Arsenalles. No one does. I don’t see a deal for 10 - 15bn being announced but I could be wrong. I think if there’s been an effort taking two years going on to sell EUA and nothing has transpired yet then I’m inclined to lean more towards a no-deal announcement and the BOD would have one heck of a job to keep many invested here for another two years, well that’s just my opinion.

Can’t see an asset sale being for much more than 2 or 3 billion and they would want to keep as much of that as they could to develop the rest of the JV areas. The BOD are patient and know what they’re doing and I suspect would happily take an early offer of 50p if it resulted in them being able to progress EUA to its full potential 3 or 4 years down the line.

My secret hope is that Elon Musk flies in strapped to a huge rocket waving a sold sign with a 7bn price tag on it. Just no one knows.

LB - if that's the case then either way the sp should receive a pretty hefty boost on Monday.

1) JORC info published signposting to huge increase in resources and reserves etc. Even if the buyer backed out this would then be on show for all to see and realise EUA is fairly badly undervalued. I wonder if NN have been trying to string our BOD along for months on end demanding one thing after another and tying up EUA such taht it can't freely negotiate elsewhere. Don't know how these things work.

Either way, announce an asset sale and up we go or announce there is no asset sale but guess what, this is what we can now prove lies in the ground and is waiting to be sold...

All good!

And if it were 1 then I don’t think the EUA BOD would waste a second longer allowing the sp to lie where to currently does. That would in itself make lots of holders happy, other than shorters of course. I’d be twitching frantically right now if I were shorting EUA. I’m amazed there are 16m of shares still holding short positions. Most will magically be closed of course just hours before any good RNS is published. More’s the pity.

LB - I’d love it to be 1 so that the BOD would have free range to talk to whom ever might be looking to buy. Now is a perfect time to be selling what they have and if they’ve been tied into NDAs and restricted negotiating positions for two years or more I could imagine they’ll relish the chance to be able talk to new potential buyers armed with an updated and fully loaded JORC document in their briefcases…

Just consider this for a moment… if the sp remains at about 30p and an asset sale is announced for something in the region of $2b or $3b worth roughly 60p and the BOD tell the world they’re intending to pay out half as a special divi then they will look rather more generous than if the sp was flying around at far higher levels and they offer to pay out a far lower percentage of the current sp. It almost makes sense of the BOD not being too bothered about the sp being where it has been for the last year or so. Below 26p was obviously uncomfortable given that is where the secret US ii bought in, but if EUA has anything like the resources some twitterati think is in the ground then why would they be quiet for so long with the company being so undervalued? If the BOD announce an asset sale and pay out a special divi of 30p then the headlines will be ‘EUA offer share holders premium of 100% return to share holders’. That’s going to grab headlines and be rather more enticing prospect going forward to investors isn’t it? Maybe that’s rubbish. I just don’t know what’s round the corner. I can’t believe the ramping majors who are posting here twenty to thirty times every day (incl weekends) dreaming of a sp well above £1. On the other hand, neither can I take seriously posters who clearly are here only to disrupt or have an agenda and say EUA is a scam. Clearly this BOD is a seriously, seriously talented one and their strategy is probably a brilliant one. To date they have done extraordinarily well to keep share holders on board for nearly three years with the likelihood (I can’t use the term ’promise’ as that’s not what they’ve ever done) of a sale or asset sale whilst not actually giving out any specific information at all. However, once the JORC update is out things will be far easier for investors to work out what’s really likely and perhaps what even is the true strategy and intentions of the BODs.

It’s all hugely exciting and I would very much like to be wrong about the asset sale/special divi scenario but I just don’t see all the top EUA brass being out on display to tell the world “yeah, Eurasia mining has been sold to so and so…”. That’s just not going to happen imv. I honestly think a special divi of 50p for selling MT and WK and keeping all our shares going forward with EUA2 wouldn’t be a bad result. For me personally that would be brilliant and I would have the choice on whether to then continue holding or sell. For now though, before the weekend it would just take the pressure off things if we hovered back around 30 - 35p rather than back to mid 20s.

GLA

Yep total guess. I admit your scenario looks more plausible.