Member Info for Spikeyj

Stonk, they couldn’t sell this stuff *before* the war.

If i were to hire a surveyor to look over a property i was thinking of buying, it would be a bit daft of me to then disregard a critical report they made warning of structural problems, dry rot, etc etc …

…the surveyor (hopefully!) would simply be offering their own honest opinion about current value and what might happen next, rather than be ‘yearning ill’ on me or the property.

(i could of course just green-box the surveyor and shop around until i find one who is very upbeat about the property, but that would kinda miss the point?)

there’s a very small number of IDs on this board (probably reflecting an even smaller number of multi-ID posters) who have persistently set out to abuse and bully others in vile ways, and frankly i would shed no tears if they lose plenty on EUA, but most of us have no real knowledge of the real persons behind these different IDs, and would have no reason whatsoever to wish any harm on others here.

Evening b1ll. re your 15:39, one of the more regrettable but persistent tropes on this board from the rampers is the way in which some of them falsely equate sceptical views about how EUA is *likely* to perform badly, with a *wish* that EUA will perform badly. .. very different things, but some rampers deliberately try to elide those issues, while others are probably genuinely confused as they are too emotionally attached to their EUA investment & experience criticism of EUA as criticism of themselves.

10:13, B1ll, don’t forget the longer history too, of this “intriguing situation”.

especially:

- the ACF report that was so *massively*, utterly *wrong* in its rampy financial forecasts for EUA

- EUA was happy to promote / provide link to that report (tho’ shurely they must have understood their own financial reality!?)

- the previous nomad walked. EUA’s never given a proper explanation of that.

11:23, and £35 might come quickly once at £17.5 as just 100%.

11:45 maybe next ‘independent assay’ will find the concentrate is chock-full of dioxin too? — that might explain why not many folks want it.

Mr_w, you left out number 6: declare that you’ve been on a free ride for years anyway.

THC, if my postings bother you, you &/or your friend are welcome to filter me (as indeed can folks like leno & bfd who seem to get a bit reactive & hot under the collar when i post). feel free, i don’t mind either way.

night all.

Thanks for interesting replies, appreciated. gl & atb.

As for their poor quality assets, the primary evidence that speaks loudly and clearly to me is that after years of trying to sell their russian assets, **even before the war**, and despite lengthy FSP, they still haven’t been able to rustle up even one firm bid that shareholders and the market have ever been told about.

if they choose to publish full DFS details for each of their assets, so there could be proper independent market scrutiny about their assets and mining costs/ economic viability etc etc, i might change my mind (depending on what was in ‘em!) —->. but EUA chooses not to share such data for independent scrutiny. …. to my mind, that’s a pretty big red flag.

Bfd, 19:51, you have made that false claim before. i have never posted that EUA were trading whilst insolvent.

i don’t know if you are repeating that lie because you have a poor memory, are easily confused, or just being malicious, but i don’t intend to grace it with a response again.

(you are of course welcome to report me to the FCA if you think you can prove your lie.)

i certainly have claimed though that i thought EUA would be getting perilously close to insolvency (given their own previous RNSs etc about how much cash they had left, and their lack of any evident reliable cash income stream). hence i thought unless they were able to crack on with their asset sale, they would need to organise funding pronto to convince auditors that they would still be a going concern over the next 12 months. i also posted that i doubted they would be allowed to organise a placing to channel funds through the UK to develop their russian activities. …

… so hey presto, after weeks of delayed accounts, they managed to organise a one year convertible loan to stave off insolvency. yay, rums all round!

Interesting chessmaster, tho’ as with many things on this chatboard i think i have to take that with a pinch of salt ( - no insult intended - ) since you are unwilling to name the provider, hence it’s unverifiable. ? may i ask please, what kind of size short CFD trade do you claim that are they allowing you?

17:47, Bfd seems to be claiming that anyone can short EUA with CFDs … but so far as i’m aware, there have not been any providers / platforms offering short CFDs on EUA for a long time (i think even before putin launched his war.)

… if anybody does know of platforms / providers still offering new short CFD positions on EUA, please could you advise who they are? - tia.

Bfd, i did indeed learn something from my ban.

i was already pretty sceptical about how balanced these AIM chatboards can be, but it was informative to learn just how additionally skewed the postings can be because admin will sometimes ban sceptics from posting polite, on-topic, company-focused stuff, because of organised mass reporting campaigns from rampers, while they leave IDs such as richard, dim, etc to post as disruptively as they please day in and day out. —-> there is an inbuilt pretty strong ramp bias on pretty much all lse AIM chatboards.

i also learnt that there are some good quality, informative and smart posters on advfn whose analysis can be helpful. (previously i had tended to avoid advfn because of the bad language there, but these days that seems allowed on lse anyway, despite their stated t&c.)

Re fair debate, leno, and wavering of my view; ….. i would be very happy to alter my (currently rather sceptical, obviously) opinion of EUA if others give me good reason to see things differently.

but very few people on this chatboard even attempt to engage with sensible, company-focused questions about this company’s finances and peculiar business model - e.g. per my recent posts wondering why EUA had needed to resort to a one year convertible loan, rather than selling concentrate, or retrieving cash from the subs / holding company, or not sending so much money out of the UK into the holding company in the first place. … or indeed, why they claim to have a fully operational mine that can produce concentrate they can sell, but weirdly they then choose not to mine, not to produce, not to sell, and instead go cap in hand to a lender to avoid going bust.

Hi leno, no, i didn’t make up my own chat board on ADVFN.

i mainly posted here on LSE, but for a while lse admin banned me from posting specifically on this chatboard — so while i was banned from commenting here, i shifted to chatting re EAU over on ADVFN.

there were three main boards there for EUA, excellance’s, the ‘spoof’ board and the ‘bear’ board. I was happy to post on any of those, but excellance banned me (i think he was trying to exclude sceptical views at the time) and a ramper trashed the spoof thread by spamming. that left the bear board, where the moderator permitted pro and anti views, so long as peeps avoided personal abuse and spam.

- when lse unbanned me, i returned here.

when lse unbanned me from this board, i returned here.

(Hint: ‘original or interesting’ doesn’t always have to be entirely serious … these chatboards are about companies and shares, but imv are best viewed as being for entertainment /interest around those themes, rather than investment advice / expertise per se.)

Leno, lighten up fellah! - as i suggested the other day, imo a little sense of humour can also come in handy on AIM chatboards, from all sides.

(unfortunately from my own perspective, repeated personal insults on this forum between posters about eating faeces, blow-up dolls, etc, hardly count as humour, just as juvenile abuse.)

Bfd, it’s a question that’s already been asked and answered many times before, no change.

if you have something original or interesting to say about EUA itself, then i am genuinely very happy to chat about such - i think that’s what these boards should be for. but not that interested to play along with your keyboard warrior personal stuff.

[soz, forgot to add, … ? if trump wins, is he somehow capable of turning low grade uneconomic unicorn poo into highly profitable & economically viable reserves? … personally, not convinced.]