Member Info for roger65

I'm no ramper and this is not meant as any kind of advice but...I honestly believe we could be looking at £1 within the next few weeks. Many more experienced and knowledgable investors post here so I'd be interested to see what they think too. Just don't want to get too excited until the next RNS lands and gives up more info and the sp another boost closer to our dream target.

If anything was going to kick off a bidding war it will have been that last RNS: within two weeks the next phase will start and that will be your last opportunity to have a seat at the negotiating table. It really does sound like its all wrapped up to me (but wdfdik) but that's not to stop any outside entity, consortium or Equity fund submitting a last minute offer....

Some serious effort going on to keep the sp in check at the moment, even with the reduced volume. It suggests the mms are working hard on providing some iis with what they want ie cheaper entry point.

Roll on Friday when the mms are going to struggle to contain this if there's still not been an RNS. Going to be fun watching.

For both GDR and its nomad to be so muted over the latest news on AIHL and that conference last week is just downright strange. That's definitely not normal in any business sector so there has to be a reason for it.

You all know my thoughts on where DB is taking this and I am incredibly frustrated that I think he's knowingly and deliberately doing something that will leave ordinary share holders significantly less well off than were he to be play off a straight bat. He's not good at comms, we all know that, but this looks as if he's going out of his way to remain as quiet as possible and I don't think it's simply because he doesn't want to risk sending the sp racing north without knowing it can be successfully sustained. Even if there was a takeover though it would be well north of where the current sp stands and so I see this as very low risk now. If it drops further I'll just add more. IF it were sold for £1 then by some miracle I'd actually be back in the blue on this stock. I actually hope I'm wrong though and that GDR gets its products out there pronto and we witness a rise similar to the one EUA has experienced over the last week.

Doh fat fingers. fine = come. repressed = released.

Agreed Inphobe. For me the low 40’s represents an excellent opportunity to accumulate further. Next two months are going to be interesting to say the least.

As has been seen with this share more than once in the last year or so it can spring almost vertically upwards. Next news I’m hoping for its announcement of NHS buying into AIHL. That alone should get the sp back to near the £1 mark. With news on the Covid POC front I’d expect it to double even from there. Sales figures will fine but for what ever reason they’re not being repressed thus far.

I’m repeating myself but I would still not be surprised if we had a take over bid out of the blue before AIHL being taken up by someone in the UK, US or the EU. Either way I see some pretty serious moves north of 43p within weeks.

Surely mms aren't going to try and play games with only 6 working days to go until further news as promised? RNS was released first thing on Tuesday so we've already had 4 days go by.

I will be surprised if the sp now takes a backward step. I'd guess at a modest rise tomorrow with no news to something like 32p but for it to gain momentum as the week goes on and end up near 40p+ by Friday. Then bang, news followed by instant re-rate to ?? What ever the news on JORC resource update or license transfers I hope it notches up to around the 60p level but at this stage that's just a wild stab in the dark.. Hope news shortly after this will bring confirmation of what is to be sold and for how much. Now that a re-rate has already begun I just hope it can make it to that £1 marker. That would be game over for me.

Anyone still think we could end up with more than £1?

Spotify - fool

Ah apologies. I’m used to a handful of people jumping on my posts so was immediately defensive.

So, in which case, will we own the 6JV areas under the NYUD umbrella once that license is transferred 100%to EUA (or its subsidiary)? If yes, then the resources held there plus those at MT+Flanks will be enormous. Can’t switch off from all of this at the moment. Too exciting for words and it’s making me feel jumpy to say the least. It’s been such a long investment journey (for me at any rate) and particularly difficult at times (eg suspension & AC sell off) that I’m not able to relax until I see those pounds and pennies safely listed in the ‘cash’ column in my HL account!

?? I OWN 1.78m shares in my HL trading account and just over 250k in my ISA. Cometh the hour Ragsrob I’ll happily prove it by posting my sells with the exact time stamp and sp rate I’m offered. I’m looking forward to it, as others have also suggested I’m not invested when ever I’ve dared to raise concerns, but why on earth would I bother spending any time here were my investments placed elsewhere? Roll on the next 7 days.

I’m intrigued to know what is actually being sold.

Do the new areas such as NYUD and POAZ count as EUA’s assets? If an asset sale requires adhering to AIM Rule 15 then it’s more than 75% of all EUA assets. So, do MT+Flanks & NYUD comprise that all important 75%?

If the sale price is £3b how much of this do people think might be paid out as a special dividend? Bearing in mind the BOD are some EUA’s largest share holders I’m really hoping they’ll opt to pay out as much of it as possible, having paid the likes of UBS and Piper and also holding back what they need to do a rinse/repeat job on which ever JV areas they want to sell on in the future. Is it unreasonable to hope for £2b ie about 72p per share?

I’m in the same boat as some others here in that I’d like to avoid paying the extra tax owed on a special dividend so hope there will be a window of time where I can sell my shares not in an ISA and then just pay the CGT due. Not been in this situation before so am fascinated to see how it will all play out.

I recall DS once re-tweeting a GMF78 post which had a conservative sp projection of about 78p. This is the minimum figure I personally would like to think is on the horizon. Any more will just be an amazing and wonderful surprise.

The last RNS was released Tuesday, so two weeks from that means we may well have some major news by the end of this week. Certainly hope so.

Indeed. It would be terrible for morale (moral) but 'til (til) one certain obese female begins her vocal warm ups it's (its) just not worth our (are) while....

All I want is for this wretched deal to be concluded once and for all and for every genuine holder here to walk off with a smile on their face and some just rewards for holding strong. With a share price of anything over £1 would be just deserts (dessert) for all. It's been (bin??) a rough/ruff old/audl ride. Somebody stop me...

tiger100 I'm sure you're not wrong. Whilst my sentence was perhaps clumsy in its construction it was clear in its message. I wasn't in anyway trying to imply in my post that there might be a 'no deal' scenario, 'sutterly' or otherwise.

btw I thought the use of 'et al' was always to be used with names of people, rather than subjects or common nouns. I know the literal translation is 'and others' but for some reason I've only ever used it when completing a list of names. Hey ho, I could be wrong.

Hudson! You have completely misread and misunderstood the meaning - or perhaps simply are not able to - of my post. I was suggesting (but for you I'll spell it out) that at the very least we will have an asset sale but that perhaps it's still not beyond the bounds of possibility that, the way the BOD have engineered circumstances to this point in time means, we might still end up with a complete buyout.

Oh dear, Hudson, I taught 12 year olds who had a better grasp of comprehension and received English than that (I won't even go there with regard to the spelling). Your defensive reaction leads me to think you might be at least knee deep in with EUA. If that's the case, relax. i think it's going to be an amazing outcome. I was simply having fun musing on the possible final results of this extraordinary journey DS, CS and co have been on for 25 years.

Lurking at the back of my mind is the notion that DS and CS want to move on from EUA rather than stick around for another few years to do a rinse & repeat of proving up assets then selling them off. The last couple of years in particular must have been draining and stressful to say the least.
It’s just a thought but…is it possible the BOD, having finally got something definitive in terms of an offer, have been able to kick start the sp re-rate by releasing that RNS on Tuesday but in fact just want to make all potential bidders for EUA (whole) aware that if they don’t move fast and get very serious about what they’re willing to pay then they’ll lose this opportunity completely? It’s an idle daydream but if I was part of a Japanese consortium and thought this lot is about to be sold and we’ve got to pay top dollar for those resources further down the line, surely a more sensible strategy is to bid for the whole lot, take control of all the resources and then work with NN to help get the pgms out of the ground.

Probably stupid but I’m dreaming of ways the sp might actually end up at well over £1. If someone sees what’s on offer now and knows that POAZ will be up for grabs next but they’ll have to enter another round of competitive bidding against an already strong player in the region then why not go all out now to gain control? Even if they had to pay $10b to purchase EUA outright and then spend another $5b getting materials ready for sale they would still be in massive profit if the true value of all the resources is anything like c.$150b - pay an extra $5b now or lose control and pay far more for far less of the resources further down the line when you really, really need them. The obvious benefit to this strategy is their competitors lose out. As I say, idle waffle but I’m getting the feeling DS and co have played this unbelievably well and there might still be a twist towards the end of this tale.

Eventual winners what ever happens will be EUA shareholders. Enjoy your w/e folks.

..well, motley fools!
How can that excuse for an investment journal even exist when it states categorically regarding EUA their advice is to 'sell all your shares as quickly as you can' and then everyone witnesses a 100% increase within a week? It's so bad and so obvious in its agendums that for me it was the clearest sign yet that EUA was about to take off. I lost a fair bit of money through taking their advice on stocks when I first started investing a few years ago and learned the hard way. They should not be taken seriously by anyone unless you intend to base your investing strategy on doing the exact opposite of what they suggest. Then you can't go far wrong.

C'mon 30p, get thee behind me!

I've not been a great believer in the notion of a bidding war taking place but I'm finally starting to think it could be on the cards now.

If there is a JORC resource update of anything near 40m oz (MT + 6 of the Rosego JV areas) then the current sp before any sale announcement will rocket up to at least 50p, probably quite a lot more, and that will be the starting gun for offers. If someone has bid for some of the assets, what's to stop an outside party coming in and saying 'we want all of EUA and it's numerous JV areas with Rosgeo'? Then I can easily imagine the 'credible party' having to dig either a little deeper for the asset sale they're after or just go for it and wade in for the lot and hey presto we're probably way, way above £1 a share. Who knows, maybe even close to £2. Amazing times.

I just can't see NN allowing any of this to slip through their fingers or getting into a situation further down the line where they might have to be in another bidding war/competition for more of the JV areas which are on their turf. If this is what the BOD have been planning all along then it's an out and out masterclass in brinkmanship in the world of M & A. Truly exceptional.

Am smiling like a cheshire cat and wishing everyone here achieves their own personal goals/targets with their shares, with the exception of shorters. You make your bed, fill it with sh...te then you can lie down in it and live in it. Just hope none of your families suffer as I imagine they are probably none the wiser with regard to how you operate and thrive on setting about destroying and rubbishing companies, their BODs and indeed their share holders. I wish it could be made illegal. With EUA you have now bitten off more than anyone can chew. The potential upside from here is absolutely enormous.

Really hoping to see 30p broken today and then zone in on 40p next week even before the next major RNS lands.

GLA genuine holders

Premature party plans…

I have the old adage concerning eggs/chickens/hatching ringing in my ears. The last time I read such posts was about a year ago and look what happened. I’ll be as happy as anyone to celebrate once something truly major has occurred but I’d hate to see more bubbles being burst before their time. I feel it just tempts fate. Still a long way to go before we see how this is played out to its finale.

Sorry for being a PPP - a pensioner party pooper.

No I bloody am not!

I was so tempted to sell up but did the opposite and topped up at 16p, 15p over this last week or so and almost another chunk yesterday morning but didn't. I've never been involved in anything like this share before so am totally engrossed in watching what's happening and am getting nothing else done at all!

OMG this is such fun to watch! Really feeling a bit of a twit now having revised my hopes/expectations downwards over this last year. At this rate the sp could double from here again in an instant if the updated JORC figures come in stating MT has 15m oz, and from there who knows just how much an asset sale might be. Those who were always saying £1+ look pretty smart right now and I admit I got it totally wrong. If NN are sensible they would try to snap EUA up asap rather than have to wait to buy it in more expensive chunks and risk inviting competition for each tranche EUA want to sell. Can't get my head around just how much EUA could go for now. Did someone say each £1b equates to about 35p? If so, then we could be looking at £1+ and for me that's a life changing sum. Am I dreaming?? Could it really be that much??

Well done to all holders and those who were so resolute in their convictions about EUA and its BOD.