Member Info for Rollo_Tomazzi

Mizman - Doris has not guaranteed that there will be no Christmas lockdown. All he has said is that Christmas will be better than last year. Given the last minute "canceling" of Christmas last year it isn't very difficult for him to suggest it should be better this year.

You were deramping on EUA earlier and now you’ve appeared here. Time to move on.

RIP JTMAC

I have been wondering along those lines. Something has changed in thinking from "shortly" and yet I would imagine they must have sight of a draft JORC.

Gecko - obviously they will be continuing the work behind the scenes but they will have delays if any work involves lodging any formal documents eg transfer of assets in Moscow.

It appears to be National Holidays in Russia, 1st to 3rd November, followed by Day of Unity (4th) and Public Holiday (Bridge Day) on the 5th, so presumably not much can be moved forward this week?

Their current target price of 24.9p includes the 40% upside from the current share price being used 17.8p) - 17.8p plus 40% equates to 24.92p.

Couple of late buys, does someone know something?

23-Sep-21 16:29:41 24.00 1,000,000 Buy* 23.00 24.00 240.00k O
23-Sep-21 16:29:37 24.00 1,000,000 Buy* 23.00 24.00 240.00k O

E-lse - Yes, I was confused by the lack of a sell button but if you click on buy it will give you the option to buy or sell. There is then a time consuming form filling for which you can get a price for selling shares including fees. This is how I did a "dummy" sell which gave me the lower fee. (I'm assuming this is the real fee and there is no hidden catch!). I didn't find it user friendly and couldn't find out how to place a future price sell order. I'm unimpressed with the new arrangements and am currently monitoring prices with a similar view to yourself. I wasn't keen on Link but this is worse!

E-lse, you're presumably referring to the paperwork you received from abrdn and specifically the EQ Share Dealing Form. The rates on that form bear no relationship to those you'll obtain if you do it on line through the share portal. Personally, I can see no reason why anyone would use the form provided when it appears to be a lot cheaper on line.

E-lse, where did you get dealing charges of 25p per share from? I did a "dummy" sale on Monday for, I think, 1100 shares and the dealing charge was nothing like that - it was something in the order of £17. However, I am also considering moving my shares to HL so would be interested to hear how you get on but please don't compare with 25p per share.

It would appear that to sell shares that you click on the link to Buy and that takes you through to a Buy/Sell option. I did a "dummy"sell in an attempt to clarify the dealing charges and they do not appear as high as the rates and charges quoted though cheaper elsewhere. I don't find the new share portal user friendly at all and can find no record of my SLA dividend history. Has anyone found this?

Agree 100%. Still no letter. This is ridiculous and apparently no easy way to make contact.

Picking up on Hudson's second comment (buying at 20p to get a return of say 50p) what puzzles me is that in the May Private Placement of US$20m for Rosgeo JV whoever was that buyer would be in that very situation. It would make sense if that investor was the same as the potential buyer.

Mr Triumph - you haven't heard of Professor Paul Hunter and yet you are informed enough to be aware of that well known news outlet MSM? What is the news outlet MSM? Presumably you're referring to MSN. If you are trying to make yourself sound informed please get your facts right.

Thanks for this. I was also beginning to wonder when my share holding would increase to reflect DRIP. I agree that it has always appeared slow but seems additionally so this time.

Interesting theory but if a substantial divi of 50p was paid then that would presumably follow from a significant sale of assets which would result in the EUA share price falling from its current "norm" of 25p to a much lower level.

DORE123 - Agreed, but like many pi's I'm struggling to understand what the BoD's approach is.

I'm sure they need to issue a RNS if they choose to extend so either way there should be an announcement very shortly.

EUA has to have an AGM within 6 months of year end as per Companies Act 2013 which is 30th June, unless they seek permission to delay the AGM by up to 3 months for special reasons.

"As per section 96(1) and first proviso, the due date of holding of the AGM is earlier of the following:
15 months from the date of the last AGM; or
6 months from the end of the financial year
Section 96 third proviso”, Provided also that the Registrar may, for any special reason, extend the time within which any annual general meeting, other than the first annual general meeting, shall be held, by a period not exceeding three months.
The time for holding AGM can be extended for special reasons by three months, with permission of the Registrar of Companies."