Member Info for Skelly85

Would be interesting to see a handful of examples of when these claims have happened

🤣 DERBEEDERB?

Its clear to see what EBRDs job is from the news releases around the time of their investment. You might not like that, since its an old report, but there's nothing in there that suggests they'll be here until project completion. Maybe you should show that to Jemesa .

Jemesa,

You are still vomiting rubbish. Telling everyone you know what EBRD do, why they do it, and what they will do in the future. Meanwhile everyone else is showing facts about what EBRD have done that prove everything you say is total rubbish.

You have no idea who makes their decisions never mind the logic those individuals apply to it.

Cadellin.

On the shares EBRD sold, they had a 60% loss on their investment.

Nice to have some intelligent debate Monstera. Thanks.

Yes those examples do seem more positive. To balance that out, have a read of ERBD s report

https://www.ebrd.com/home/news-and-events/publications/evaluation/equity-operations.html?

Specifically this part.

At the same time, equity returns have been low and deteriorating, and the EBRD’s current portfolio presents numerous concerns. At the end of 2016, the active equity portfolio’s investment cost was €6.0 billion, compared with a fair value of €5.5 billion, and it accounted for about 20 per cent of the EBRD’s total portfolio of €29.7 billion. Direct equity, accounting for 76 per cent of the equity portfolio, returned 0 per cent on investments made between 2005 and 2014; the internal rate of return (IRR) for the vintages for 2014-16 has become increasingly negative, accompanied by large, unrealised losses.

ERBD is not some guaranteed money making machine.

Jemesa makes statements as facts, based on his biases.

Someone points towards facts that prove otherwise.

Jemesa doubles down with more biased opinions, stating them as facts with zero evidence.

Cant wait for the next laugh

And to prove ONCE AGAIN how full of BS Jemesa is. 🤣😂🤣😂🤣

EBRD has a consistent track record of selling down or fully exiting equity stakes, often in stages and often around the 5% level:

Bank of Cyprus (2025): held ~5% stake, then fully exited via accelerated bookbuild

TBC Bank (Georgia): reduced to 5% in 2020, then further reduced to 3.5% in 2022

BNP Paribas Bank Polska (2025): reduced stake to 2.9%

PKP Cargo (Poland, 2015): exited entire ~5.1% stake

ENEA (Poland, 2014): exited entire ~2.5% stake

Ibnsina Pharma (Egypt, 2025): exited entire ~8.8% stake

Significant discount = significant drop in share price and significant dilution.

Good for ERBD, bad for everyday investors.

But youre right on one thing,

ERBD selling off just enough of their shares to go into stealth selling mode is definitely noise.

No Cinovec costs this quarter? This quarter only started 28 days ago lol

Lol

Luckie - Let's look at the positives... INSTEAD OF REALITY lol 🎅

EIA submitted is a derisk? WTF?

EIA APPOVED would be a derisk.

For all we know the EIA submitted was a kids drawing of a house.

Sorry my numbers were off.

This year EMH total shares issued is 14,974,000 shares. A total dilution of 6.55%

On top of that loss for ERBD and on top of there huge loss from buying shares at what 40ish pence? Cant remember. They now have sold off enough of their holding to drop below the 5% threshold for which they'd need to publicly report their trades.

THIS is A POTENTIAL RED FLAG.

ERBD can now SELL off the rest of their holdings quietly without reducing the the share price too much from the negative press, and allowing them some sort of additional damage limitation.

This is very similar to how REM/KDNC exited EMH.

10 million shares? 500k?

Luckie, again, lies. It wasnt at market price, it was at a 13% discount.

Not significant dilution? 4.5%? On top of inflation losses for the year for just holding the shares? Lol.

Lol,

Sharealot says don't feed the greenbox O2 thief, but instead hold the line and feed KC instead as he thieves your dollars.

I feel sad for those who listen to the likes of Jemesa, LuckieLaurie and Sharealot.

Lol.

Another 4.5% dilution lads.

Jemesa, Whats your positive spin on the dilution you said would never happen?

Have you invested you whole portfolio in this garenteed project that will never be diluted and will definitely be sold for 150% of the NPV?

Lol, I've not lost anything.

Lol, gruntmachine always likes a personal attack when the facts hurt.

Jemesa, you just said,

"

I don't think you can disagree (although you might) with the fact that major players are now consolidating European assets to lock in sovereign strategic control

"

Relating to a link where a US listed company is buying mining rights for European soil from a Australian listed company.

How many more times are you gonna show everyone how full of Shight your statements are?