Member Info for roger65

Blimey, we could hit 40p by the end of today at this rate. What the heck is going on? We have some sales at least and good products so how is the bottom falling out of this share? Is it murky stuff going on perhaps ie some entity manipulating the share down to the point they make a low ball offer for ZOE?

Lor_9 do you mean someone acquire EUZ?? God, yes please! Now that would be a result.

I assume you don't mean EUZ acquire something else..? They don't have any funds - other than what they need to pay the BOD - no income, and no prospects. the 'high value event' was obviously just waffle and isn't going to happen.

I'm too far in the red here now to make it worth selling so have pretty much written it off. If an offer of 25p per share came out of nowhere I'd be delighted. How many holders here would bit the arm off the BOD if they pulled that rabbit out of the hat?

when will this decline abate?? 40p on the horizon in a couple of weeks time at this rate.

No signs of life in the sp at all despite some half decent news on sales. Any got any clues as to what's going on? Is there a big seller?

I look to the likes of you lovelyboy, Caw and Travis etc to dissect and interpret that kind of trading action. If you don't know then who will?

There are some who will shout it's hiding accumulation but to me it looks more like the manipulation is helping to obscure some massive selling without the sp completely tanking. I don't know. Totally confused as to what's going on here.

Amazed no one responded to your question.

Frustration/lack of clarity/cryptic manoeuvres? You are far from being alone dealer55.

I sway either side of the fence a little in terms of optimism. Now is one of those times, after pis definitely helped the BOD get that vote through in the EGM, where I feel a bit more worried about what's going on. The daily brazen manipulation of the sp only serves to erode confidence and keep new investors at arms length. Many who might be interested in a little punt here would have looked at the figures yesterday and scratched their heads and probably walked away from the buy button. Surely a little reward by means of something concrete from the BOD would give the sp a lift that we would all welcome and the BOD themselves would deserve. However, as I've said ad nauseam for some reason the BOD appear keen to keep from the market any news or specific info that might cause the sp to rise. They are still keeping anything really useful close to their collective chest. My only explanation is that this is how they can attract a few iis to come on board such as the recent share distribution for $20m. Again, why the identity of the ii must be kept secret is a concern and highly irregular and only gives way for yet more speculation and an opportunity for the BOTs to sow their seeds of doubt. Come on BOD we need you now to sow a few 'seeds of love' to keep chins/spirits/peckers (?) up.

GLA

Nearly three times as many shares bought as sold. In most normal circumstances that would cause quite a positive reaction. With good old EUA we’re over a penny down.

FFS how long is this manipulation going to go on for?? All the normal ‘rules of engagement’ for investing seem to be out the window here. A long run of really positive RNSs have produced no uplift in the sp and shares holders are left fumbling around in the dark for something tangible to hold on to.

For what ever reason our BOD are desperate to keep accurate and up to date info on resources and licenses, names of potential bidders and institutional investors out of the public domain. Why? Honestly, it’s no wonder lths are becoming increasingly twitchy. I hate the lack of clarity but am in to the end. Just please, please, please can we have one RNS that is unequivocal on what is going on? I won’t hold my breath, just hold on to my shares instead.

But wouldn’t that put Blackrock near or over the 3% mark at which they would need to see a Tr1? Anything above that has to be declared even though the FSP is over.

For once, that would make sense of why the BOD seem intent on keeping the sp down and also keeping so much info they must have to them themselves. If they release that info then the sp leaps up and the opportunity for the iis to throw $20m into the new venture has gone.

More speculation...

Or it could actually be the same as last time couldn't it? Don't forget Veles also took $8m worth of shares off AC's hands at market price of 29p. These iis know what they're doing.

I wonder if a deal is being struck between them and Dimitry. If you come on board now when the company is undervalued and sp is low then you get to transfer your shares into my new porject called Lybrion. This is a doub;e winner for them. DS surprises everyone with a whopping divi and then those iis can take back their original stake and be given a free ride with loads of shares in the new venture.

Silly idea?

Very odd. Who would be bothered enough to insist that phrase be edited out?

The trouble is that yet again our BOD have dangled a carrot whilst not giving any clear indication or real details as to what's on the cards. That's why the wider market repeatedly refuses to jump on board here. We're bogged down now in yet another cycle of speculation which is frankly tedious in the extreme. I'm adding to it I realise.

As for 'significant', again we just haven't got a clue. No one knows what's being sold, to whom or when. Investors don't like cloak and dagger stuff and we've been living it with EUA for at least two years now! Anyone on the outside of EUA could justifiably suggest a significant divi would be 100% of current sp. Even 200%. But more than that I think is tempting fate. We've been steered towards expecting less more than once : the speeding ticket that wasn't and now this subtle removal of one phrase.

Having dared to believe in the dreamy and lofty figures of £1.50 per share, I am once more making my way back down to earth and expecting something more in the region of 50 - 60p as a special divi. No one could argue that isn't significant compared to our current sp. If we'd just lifted by a few pence for each RNS over the last few months I'd say yes, we could end up with £1+ but we haven't. We've gone nowhere.

Asset sale of about £2bn and we are given a chunk of what's left after tax and USB/Piper fees. There you are, more guess work. This isn't going to be the Hoochy ending we'd all hoped for imho, but it will still be good and well worth while investors jumping on board for the last few waves of this epic voyage. Blimey, if I knew I could jump in now at 26p and double it by, say September, that would still be an amazing result.

GLA

What on earth has just happened to Rhodium??
Down 23%??

Wow, another 5 trades. Gotta say it looks bad. You can't be taken seriously if one of the BODs refers to a 'high value event' and then there's absolutely nothing for months and even the supposed media coverage and event is 'postponed'. Shedulike - I admire and applaud your loyalty here but you have posted lord only knows how many times only to watch this company do nothing. Surely you must realise it's dead in the water. Originally had £85k in here but been sat around for 2+ years now and it's gone nowhere. Wrong. It's gone downhill. The one time the sp went up I couldn't sell anything for love nor money. Felt trapped.

Lifestyle company.
Just gutted for anyone else who has thrown money away here.

Please don't make the same mistake I did. I wasn't looking for a quick buck and was prepared to wait for results but it's always jam tomorrow with this company and the BOD simply can't deliver on any promise or be trusted to do anything other than repeated dilution.

Where is EUZ now? Oh yes, it requires funding. You know what's coming next....

Some excellent posts today but regretfully one has to wade through the typical weekend plethora of absolute twaddle from the usual suspects.

From earlier: how on earth can selling only WK equate to ’ substantially all’ of EUA’s assets. That notion is as laughable as it bonkers, especially when in the recent RNS it clearly states that since the JV with Rosgeo was announced offers for substantially all the assets have been received from a credible party. It’s there in black and white and approved by the NOMAD. Indeed the RNS states the BOD are now focused on this offer. Having read the RNSs several times it must be clear this new JV is included in this proposed asset sale or else there would be no sensible reason for an offer not having landed prior to it.

I am a little concerned by the new ACF report and mystified by why it excludes so much of what we now know to be on EUA’s table of offerings. The conservative assessment is not a surprise but why not include any of the extra 43% in WK’s resources or the MT flanks or ANY of the new JV resources that we’ll doubtless have 75% of under our belts soon. The EUA website itself only states 1.9m oz at MT. if it was commissioned by EUA it is very odd as the new report can’t possibly help their case for insisting on the interested party upping any offer. Quite the reverse. Anyway, ours is not to reason why... the BOD know what they’re doing and if an asset sale only brings in a relatively modest sum then those same Directors will see diminished rewards. Doesn’t add up to me which is why, after thinking about this whole scenario for far too long, I’ve a sneaky suspicion the BOD may yet be playing for a full sale. I will not be at all surprised if we are all surprised once more!

I was a little troubled by the large trades that could well have been sells last week but again, that doesn’t make sense if it’s someone in the know. The BOD could have allowed much better and more up to date info on resources etc to reach the market and thus give the sp a healthy lift. That would have been the time to sell a few cheeky million shares. I’m none the wiser but nothing new there sadly.

We’ll all know the outcome soon enough but just selling WK, taking the company private or paying a ‘significant dividend’ of 2p makes absolutely no sense at all to me. These suppositions can be dismissed out of hand and are at best amusing, at worst disruptive claptrap designed to harass and worry pis into jumping ship. Not advice of course but IMO that’s definitely not what I intend to do at this late stage in the game. But what do I know?!

Bugger. I think you're right. Like so many small companies who have good ideas and produce good products they overlook and the selling side of their activities and are often then elbowed out by those with deeper pockets who can place their products successfully in the market place. Wonderful little piggy but just got lost trying to find it's way to market.
I'm already running at a huge loss here (bought in at 6p) but will just cut loose and take the loss. Not a dicky bird from the BOD, who seem incapable fo any decent comms. Another common failure in small indies such as VDTK.

Ah good point Folio. Just re-read the RNS and the date of May 25th is in there. Being dim. I did think such a small margin of profit would be hardly worth their while but I can see them wanting to de-risk their investment as soon as they can.

Tks for the reply.

Is it possible those large trades yesterday were the new ii selling at a small profit to reduce their risk? Just asking the question. Would seem hardly worth their while but they would be able to keep their options for 3 years before they need to make a move on those. If it is an ii selling and they want to de-risk then we may have to wait a while longer before the sp nudges up towards 30p. Hopefully I'm fretting about nothing but I am not convinced those large trades yesterday were ii accumulation I'm afraid.

What on Earth do people find to post about here all day long?

High value event my a..e! Just another sound bite from LR to try and squeeze another couple of Monty pay cheques out of investors.

Just checking in again but glad to see I haven’t missed anything. Still not a single sale to report. Back to 40p we go until DB pops up to give a half baked message or video to say “if we could sell anything the numbers would add up dramatically”. Ok I made up the first half this comment but the inference is there.

Long suffering holders here need some crumbs of comfort that are meaningful rather than ongoing silence. Nearly 60% down on recent highs so I’d have thought that might warrant a reassuring word or two... or something? Nope, nada, niente

Worth every cent of his $400k salary with bonuses...

Thanks for the replies gents.
GLA

Blimey and yet the sp is.... still at 27p! I would have expected such large trades to kick us up or down but surprised to see we haven’t moved. Actually, no I’m not. Just more smoke and mirrors. Just wish I knew to what and the mms feel the need to keep this so range-bound.

We’ll find out eventually but I’m not holding my breath. I’ve done that for quite long enough already with EUA shares!