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Nice, he deserves it. Great representative for the company, always helpful whenever I have communicated with him.
I'd buy that man a Guiness & a few Jameson's

How many shares has Keith got?
I want him to do well.

Any bidder of our assets could have used the sale as leverage as they knew EUA were intent on keeping the Rosgeo JV and needed funds to pursue the new assets. By securing the forward funding for the JV, EUA have now negated any possibility of the bidder using said leverage.
Again, a shrewd move by the BOD. Pay want we want and it's yours.
Sale announcement to follow.

This is the crucial inference regards the Rosgeo JV and potential partners in my view. James is spelling it out. It's a Japanese consortium:
James Nieuwenhuys, CEO commented: "We have deliberately kept shareholders' dilution to a minimum, leveraging our track record of signing an EPC and financing contract with Sinosteel. My experience working for several leading EPC contractors including SNC-Lavalin, Bateman and XCEL Engineering & Management combined with our Director Tamerlan Abdikeev's experience with Japanese EPC contractors, opens new doors. We are committed to our strategy of maximising the return for our shareholders while adding value to all our assets, including the ones within the scope of the Rosgeo JV".

Seems like a pointless report to me. Not fit for current purpose. They state be extremely conservative and not including most of the value as we know it. What was the point? Hope they're not numbing down our expectations.

I'm expecting the sale of WK & MT RNS anytime now. Could be today. Lets see.

and not a word from Malcolm & Co.
Too busy licking their wounds or their stamps?
Time for some new contract news. This doesn't have to wait until the platform is complete does it?

Rosgeo jv came about as the purchaser wanted assurance that they would get the additional licences and Rosgeo were happy with their future partners. Imo

cj, suggest you read my post again. It doesn't mention tax at all.
The point of the advice/post was too be aware of the dividend options. capisce!

Calamari - But the only problem with that is that your at the mercy of the market, in that the SP may well go down further once the herd start to sell and move on. Therefore , dividends paid in cash paid into the ISA are the way to go. More control for the individual. Swings & roundabouts

CJ, you are wrong. As MarkP says, you have preferences on your account as to where your dividends will go
1. As cash into your account (whether it's ISA or investment account)
2. As cash paid into your bank account
3. Re-invested into the share that gives you the dividend

It's very important you check this preference on your account. Why?
1. The SP might go down after the divi is paid and therefore if you opted for option 3, the value goes down.
2. If you're paid cash into your account, as per option 2, this can then not be reinvested in your ISA and you therefor lose any potential tax free gains on future share purchases.

GLA

I don't think some malcolm from Marbella has any influence on this stock or contributes to it's red flag status.
It's the near total lack of interest due to minimal exchange exposure that will do that.

The SP has now dropped a staggering 75% from its high in a short time.
The BOD need to get some contracts signed and relay that to the market. Where's the credibility in a business that drops 75%?

Not sure if this has been mentioned but I think the initial intention was to sell MT & KT as indicated in the first para of the RNS. Now the JV has successfully concluded, several parties have proposed offers and we are left with 1 credible offeree, that it appears wants the Rosgeo JV resources as well. We might be selling MT and the JV and perhaps keeping WK.
This deal would financially surpass the former by a long way.
Please see below.

'However, after conclusion of the joint venture with Rosgeo ("Rosgeo JV") in which Eurasia will gain a 75% equity stake in nine PGM and battery metals assets (four of which are post Russian Feasibility Study with state approved reserves) with a total of 104.6Moz of Platinum equivalent ("Pt eq") Russian Code reserves and resources in the immediate vicinity of the Company's Monchetundra Project on Kola (as announced on 26 March 2021), the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets. The Board has decided to focus on this potential asset sale.'

Pitiful volume as ever. No big seller obviously, just a lack of interest and exposure to the more popular exchanges.
It's pretty obvious what needs to be done. From 36p to 10p is calamitous at best. Even when they start to announce clients who buy into using their platform, they need to generate a market for the equity.

All the best to you and yours. Live long and soon to prosper.
That's a lesson in what's important in life.

Morning all
I don't think we'll see the equity raise RNS on its own. I think it'll be wrapped up in the final sale announcement as part of the deal. I guess we're now just waiting on the lawyers to sign things off. It's all in place so no reason for any delay IMO.
This time next week Rodney...

Offer is incommunicated to joint owners of MT and WK under NDAnegotiations commence with joint owners on % uplift and price of equity releaseVote on equityEquity released to joint owners of MT and WKSale proceedsBeach houses all roundIMO

Yes it's going ballistic. The trade numbers are.....3. Comical
This needs a different exchange, simple.

As soon as there's a sniff of news the remaining % of MT & WK is bought with a share issue, this goes into orbit.

I think the whole saga has been so protracted due to getting all the parties to finalise negotiations and secure the other stakeholders in MT and WK to sell with the promise of a full buyout. The 250m shares should do it, and the sellers of the MT 35% and WT 20% should do extremely well as they gain on the uplift of the extra licenses. Perhaps to what degree was the negotiation.
Now it's passed, we'll hopefully get the next 2 or 3 announcements. Should be a short wait as it's pre-agreed no doubt.