Member Info for Spikeyj

lol, if only EUA made money
from selling views of tweets.

i’m fine with those tweets, no ‘dislike’ from me about those.

but space pics showing earth-moving is way different from
RNS’d figures about actual production & the related costs.

i guess we’ll just have to agree to differ, eh, as your argument
rests heavily on the idea of those NDAs, but i don’t buy that at all.

the sheikh will be happy ... his
4p warrants now in the money.

B1ll,i think if they had good data about profitable production at WK they
would have been trumpeting it long, long ago. so their silence on that
score makes me doubt that it’s a big cash generator. i don’t buy all this
NDA stuff that gets touted around as a reason for the company’s poor
communication, but even if there were some talks under way re disposal
of MT etc., that would not prevent them giving a proper WT production
update with detailed figures. more broadly, they’ve failed year after year
to make WK mining really pay off, & i don’t think anything meaningful has
changed about the quality of the asset they are trying to exploit. plenty of
metals ‘in situ’, but that’s way different from locating ‘em & getting ‘em out.
(after years of trying to operate their projects, still very little high category.)

jmo.

‘pre-break’?

hi jimjam, there is no
change in how i see EUA.

bought a few.

no, there was no warning or explanation. unclear if he chose to close
his lse account, or if e.g. he was banned for some posts on another board.

as to whether he was ‘genuine’, depends what you mean by that?

dougal sometimes claimed he had bought extra shares in the IPO,
but sometimes said that he did not. so clearly told some lies on
this board. all just moot now, as there is zero chance of any punters
getting anything back from amit or the ephemeral remnants of ctag.

they can ask, but then the request might
be granted but might simply be refused.

whether or not an extension gets agreed is likely to
depend on the reasons why suspension is in place, imv.

AIM regulation would presumably take a view on
whether or not covid19 has had any meaningful
effect on whatever it is the BoD here would need to
do to satisfy the regulators and resume trading.

(EUA are perfectly well aware of what their
supposed relationship with CITIC is or isn’t...
...difficult to see why covid19 would prevent
them from issuing proper clarification at last.)

...and yet they did hold the
shares for many months ...

the ramp is on. cue placing,

... if this is such a great share,
why are peel hunt selling out?

can’t really see why there’s any fuss about EUA extending
the date by which accounts/results needs to be published.

perfectly reasonable and understandable why loads of
AIM companies in this position would seek the extension
that is easily on offer from AIM about this. i have my doubts
in a broader sense about EUA, but i think it’s wrong to read
anything much into the decision to delay accounts recently.

my apologies ian, i misread & thought you
were saying EUA already had an extension re
suspension of trading. sorry for my mistake.

ian, having an extension for submitting results, is not
the same as having an extension for being suspended.

LL, yes, that’s been discussed already plenty of times on
this board. EUA might ask for that, and it may or may not
be granted. so still august 11th until /unless that happens.

[apols, meant, Alta-Traako.]

nice to see more posters have finally learnt how to use filter. it
improves quality of discussion board chatter considerably when
people use the filter with posts they don’t want to read, rather than
get into lengthy personal dingdongs, or streams of personal insults.

means we get more stuff like tiger-by-the-tail vs alt-traako
on possible MT valuations, which is relatively interesting.

A about 6 weeks remaining now for EUA to convince AIM regulation
Tha that they are fit to resume trading again.

Early_Bird, you claimed earlier that
this company has “positive cashflows”.

... but that’s not true, is it?

,.. placing before end june, i suspect.

just to summarise:

i think EUA does have a legitimate business, but shares became significantly
over-priced over the few months leading up to suspension. i think pis became
over-excited by hints about CITIC & VTB, and by that feeble (imo) marketing
communication from ACF which should not have been shown to retail punters,
possibly along with other frothy speculation on different social media platforms.

i think that EUA did not want to be suspended, and does not want to leave
AIM. the company has used AIM over many years to raise money by issuing
huge numbers of new shares, and i suspect they would like to keep on doing
just that. some pis here talk about profits and cash flow from WK, but so far
it’s been an asset that burns cash overall rather than produces it for EUA, &
i doubt very much that it is about to become a major cash generator for EUA.

my guess is that AIM regulation required the suspension of the shares, in
order for the company to clarify to the market what the heck was or wasn’t
really going on with CITIC (let alone VTB, lol!) given their previous RNSs, &
the social media speculation. & since they still haven’t been able to emerge
from suspension, i think that EUA has not yet succeeded in convincing AIM
regulation that it has clarified sufficiently. (no other reason for suspension
was given, other than the subsequent nomad lack which was then resolved.)

i suspect that the main reason for AIM regulation’s involvement,
*if* i am correct that they ordered the suspension, is to protect
investors and the reputation of the market by preventing the
possibility or continuation of a false or disorderly market. aimho.

seaking, gsk looks like it’s dropped pretty much in line
with the ftse, a lot of fairly even fallers across the board.