Member Info for SlyRook

I sold in a GIA and repurchased in ISA. To cap any future tax liability. Did the same thing yesterday. Very LTH. GLA.

The appointment of Artem Matyushok is positive news.
This is not a generic hire.
They have hired an individual who specialises in large M&A activities and very importantly has a successful track record within the Russian jurisdiction.
The intention from the board is clear. We have got so far but now need help closing out the deal. It will be big.
The counterweight is time. I don’t believe his contribution can be fulfilled / measured in just weeks.
More likely the asset sale will not be put forward to shareholders until Q3 / Q4 2022.

EUA will come good. The highly in-demand resources in the ground are not going anywhere.

Twice institutional investors have filled placements above 20p (@26.5p 20/05 and recently @ 22.5p 18/08). These are professional investors with greater expertise, resources and experience. Clearly they have calculated EUA has a NPV above 30p.

Further significant value has been added with the Rosgeo JV.

Its frustrating yes because the time to conclude the company and / or asset sale has taken longer than most people expected.

Whatever path the company follows company sale, asset sale, Sino steel JV, Rosgeo JV etc. shareholders will be rewarded. Its just a waiting game.

Silversun is being realistic.

It does feel like the whole process has dragged on for too long now.

Hence the long slow decline in the share price as investor doubts continue to grow.

Since the FSP update on 12/05 the daily Form 8.3 or 8.5 RNS updates have stopped. Co-incidence?

72p

3m @ 0.61 first buy @ 1.70 approx. 2008

Smith technical analysis is often flawed. I find daily star sign readings more accurate. Virgo. Jul 10, 2020: Some big news is coming to a member of your social circle today, and there could be some dramatic and emotional reactions. This is something that you have been suspecting for quite a while, so the news flash won't be much of a flash for you. You'll have fun seeing how differently people take the news. Help everyone else come to terms with the revelation by showing them that it's really not that big of a deal anyway. Your guidance is critical.

https://www.mining.com/web/pandemic-helps-russia-tighten-its-grip-on-palladium/

"Shortfalls will start to emerge again in early 2021, according to Nornickel. With South African miners scaling back on new projects, it may take six to seven years for the nation’s palladium output to recover, according to Rene Hochreiter, analyst at Noah Capital Markets Ltd."

Forthcoming bids will be priced on the calculated NPV of the mining assets & resources owned by EUA.

Government policy to lock down certain business categories was expected and already priced into the markets as it was inevitable. No surprise. The government grants to help business retain and pay staff on PAYE has been well received. Not expecting a significant move on Monday in either direction.

Could be today for the shorter's and bot flies.

Agreed. Medium term financial upside is greater if exercise Sino Steel option assuming no major catastrophe e.g. PD price drop, political uncertainty etc. Buyer takes on this risk alongside capex hence discounted price versus asset NPV. So should consider a conservative sell price. Not a de-ramp just being pragmatic.

The longer the share is suspended the better. It means something very serious is being discussed / negotiated in the background. Shares do not normally get suspended on social media rumors. Normally a rebuttal RNS issued to quash the nonsense. LTH and happy to wait a few more days, weeks, months although personally I would prefer thay go it alone with Sinosteel as I see that adding greater value to share holders in the long term. GLA.

EUA @ 3.8p still represents good value for new investors.

https://uk.finance.yahoo.com/news/why-think-eurasia-mining-shares-123216141.html?.tsrc=rss

As a long term holder I'm quite happy and patience to see through a JV at MT.
The share price would continue to fluctuate but trend higher above any short term asset sale.
Talking pennies now.
But imagine 2 or 3 years from now mining licensed flanks and surrounding areas with indicated resources.
Uber resource 50moz!!!
Talking pounds then......

Focus on the fundamentals.
Junior minor already in production with the WK mine. Higher revenue next year moving from 30% to 100% proceeds.
Cash flow positive no further dilution required.
Large MT mine licensed with large proven 2Moz palladium resource (arguably most in demand world metal at present).
Further expansion of MT mine into flanks and surrounding areas from an incredible 15Moz to a mind boggling 50Moz.
JV in place with Sino to begin production at MT.
Asset Sale will bring large rewards short term (~20p+) over the next few months.
Medium term over the next couple of years I would prefer the BOD let the JV go ahead at MT. License, drill and confirm flanks and surrounding areas. Then asset sell £1 per share.

Hi,

I did buy RBS @ 13 and sold @ 45 a few years later ago but never posted on the company.

Hi,

Interested to know how long different holders have been invested in EUA, minutes!, hours, days, weeks, months and even years!.

I bought my first tranche in 2008 @ 1.60p and over the last decade averaged down to 0.60

Definitely not selling. Holding for the long term payoff. Its close now. Happy to wait a few more weeks or months or even another year.

GLA.

Gary Numan = Legend.

Like this investment (hopefully)