Member Info for Spikeyj

would be interesting to know what OO is taking as his pay package.
do you think it will be a ‘huge reduction’ compared with stefan’s?

crabby, i have no wish to influence anyone’s buying or selling
decisions about EUA. i assume that all playing with this share
are adults who can take responsibility for their choices & mistakes.

(even if the way some peeps post gives a rather different impression, lol.)

shares like CTAG are pretty good illustrations of the dangers of
people who say there are invested & post day in day out ‘positively’.

more broadly, i’d suggest it’s a very good idea to be very wary of chatboard
posters who try to stop others from expressing different views about a share.

that would apply to both enthusiast & sceptic sides.

(e.g. i don’t believe the explanations suggested by enthusiasts recently
about why dimitri chose not to exercise his 1p warrants, but nonetheless
it was interesting to see the range of reasons they were able to suggest.)

rather odd to see that frances is so critical of people on this board
who are sceptical about the ramping that has surrounded EUA, but
then seems to couple her stance with anger against the ramping
crew that helped CTAG take loads of money off naive /unlucky pis.

(e.g. i would have thought there were closer parallels between
aberdeenman and RNSman, rather than with the sceptics here.)

on the whole, i think pis tend to lose far more money from
listening to ramping crews that frequent lse’s AIM boards,
rather than the so-called ‘derampers’. i do think there are
organised gangs on both ramp and deramp sides in some
AIM shares, but imv ramp crews are far more influential.

(strange place, twitter. ... i don’t often look in,
and it looks like I’m not missing out on much.
think i’ll give it a miss for another few weeks.)

notice how they have carefully avoided saying anything about the
‘administrative’ costs, i.e. the whopping pay and BoD renumeration
costs. what, if anything, have they done to cut those? - they claim
they have enough to maintain the company’s **operations** until
end 2020, but how will they pay those chunky ‘administration’ costs?

... check the last set of accounts published to see the
distinction being made between the operational & admin
costs, and just how big those ‘adminIstrative’ costs are.

and in the meantime, where is the money meant to
come from to pay for the new slice of aje they claim
they are trying to acquire, and to contribute towards
the costs of drilling any new wells at aje to replace the
current two as they deplete? - placing still very ahoy.

DUFC23, sorry, not sure what you are on about. it’s absolutely fine by me
for people to use these kind of chat boards to share opinions & speculation,
providing they don’t try to misrepresent opinions or speculation as fact.

re those warrants, it is a matter of fact that *either* dimitri did not exercise
them, *or* else he did but the market has not been notified. ...but as to why
they were apparently not exercised, all that is simply speculation at this stage.

have a good saturday all, off to pick raspberries.

hi luap, i think dimitri did not exercise the warrants to
acquire extra EAU shares at 1p because he doubted that
he would be able to sell them on for more than 1p. jmo.

09:59, ian, 61p is certainly not a figure that *i* am predicting for EUA!
if they can manage to restart trading. i still think 0.75p more likely.

interestingly, excellance now seems to be suggesting that perhaps
dimity did exercise those warrants. but *if* that were true, it would
seem rather odd, or remiss, not to notify the market about that.

( tbf i think excellance is just speculating about
possibilities, rather than claiming that’s a fact.)

Ian_ 09:37: “ ... you don’t know what special arrangements may be in place, do you?”

not sure what you are implying, ian. are you suggesting that dimitri was given
some kind of financial incentive from EUA not to exercise those warrants? - if
so, surely, that would have been a material issue that should have been RNS’d?

or do you have some other kind of ‘special arrangement’ in mind?

stockdale, what do you think ‘got in the way’ of the warrants being
exercised before expiry? - EUA shares are suspended from trading on
the exchange, which means that dimitri wouldn’t immediately have
been able to dump the shares acquired from exercising those warrants
onto the open market ... but suspension would not have prevented him
from exercising the warrants & just waiting until trading resumes again.

Ian_ 09:25: “The amount that this director may allow to laps [sic] is a drop in the ocean compared to his total shareholding and probably not worth the bother ...”

? do you seriously think that dimitri would just have shrugged & said, nah,
i don’t want to make a single quick phone call to exercise those warrants to
take that £600K profit? - seriously? ... and seems even less plausible imv he
would have just passed that opportunity up, if dimitri thought that the share
price of EUA would rise further when(/if) the shares comes out of suspension.

after all, if EUA were to resume & open around 61p, as some here like to fantasise,
that would mean that dimitri had just ignored the chance to bank £6 million profit.

i accept it is conceivable that dimitri simply forgot to exercise those
warrants, or conceivable that he just wasn’t interested in making money
from them as above. but neither scenario seems likely, to put it mildly.

(as is currently being discussed over on the other site, it would seem
remarkably generous, or careless, of dimitri to agree not to take a £600K
profit from exercising those 1p warrants, if EAU shares really worth 7p+.)

aandi, not sure i follow your logic. it appears that dimitri allowed a bunch
of warrants at 1p to expire without exercising them, which seems v odd to
me if he genuinely thought that the shares were worth way more than 1p.

are you suggesting that dimitri was asked to buy an equivalent number of
EUA shares at the suspension price instead, and did so? - if so, where is the
RNS about that BoD purchase? apologies if i’m misunderstanding your 01:16.

so why would a director choose to allow 1p warrants to expire unexercised,
if they thought that the shares were worth more than 1p? ... OK, they might not
be able to sell the shares straight away if in a closed period etc., but that would
not restricted them from exercising the warrants. if the shares really are worth
much more than 1p, they were throwing money away by letting warrants lapse.

--> happy to stick with my 0.75p guess for c.o.b s/price on day of/after resumption.

rowka, do you know how long WRN was in existence?
longevity is no guarantor of financial worth or probity.

ian_, i am not trying to suggest that EUA is doing anything inappropriate in
its recent emails back to pis who contact them — to the contrary, i think they
would have to be nuts to release any material information through that route,
given that they have already had one nomad resign recently & are suspended.

rather, i am being sceptical about some posters on this board who have tried
to hint or imply they’ve been given some kind of wink or nod about upcoming
developments and news from the company. ... i simply don’t believe them.

12:37, if they were daft enough to do something like that, they
would be putting themselves at risk of losing yet another nomad.

added more GSK today, but that's enough now.
comfortably loaded for a 2-3 year perspective.

and a couple more, but
3200 for a few more pls.