Member Info for Spikeyj

13:36, oh, i see. from your previous post, it had sounded like you had
already seen figures showing much cash EUA is making in 2020. but
it’s a bit clearer now, that’s just your own speculation. fair enough.

11:19, to the contrary, GFD, i have posted previous about exactly that point,
that in some ways AIM companies have tighter regulation than non-premium
main market companies, with reference what happened with WRN. - at least
on AIM there is a nomad who can blow the whistle if they spot a company that
has been sailing too close to the wind, cutting corners, or just downright lying.

(... which brings us back to those interesting question again,
why did WHI resign, & why are the shares still suspended?)

anders, so how much free cash is the company generating
now, and where are those figures available to view please?

OK.

so it doesn’t matter that the nomad resigned.
it doesn’t matter that the share got suspended.
it doesn’t matter EUA is still suspended months later.
& it doesn’t matter what the company’s cashburn is.

fascinating.

we ought to be getting a look at those accounts soon.

thinking about EUA’s cash burn going forwards,
anyone care to guess how much a guy like iain
rawlinson costs per year, given how great he is?

i suspect TDT’s conjecture is actually a different one.

22:44, so he might be a good person to try to ensure
the company acts legally and abides by regulations.

it is really quite odd, which is part of the entertainment &
intrigue, how so many shareholders in an AIM company can
appear to believe that it doesn’t matter why their nomad
resigned around the same point when the company had its
shares suspended, with suspension continuing months later.

night all.

“... it does not now matter at all, surely?”

- just as that too is opinion, not fact.

hello ian and anders, yes indeed, that’s my opinion.

18:26, Ian_, the previous nomad found out something about
EUA that made them worried and unable to stomach working
with EUA anymore. that something might matter. if it was just old
history, WHI would have shrugged and kept on taking the money.

AIM nomads tend to have strong stomachs.
... it takes a lot to make them that queasy.

18:57, rare instance of a remarkably
sensible post on the lse EUA board.

good one, brox.

fizzy, if that was the only/main issue (which i don’t believe) i can’t
really see why it would have bothered WHI as nomad, so long as they
were still getting paid, and so long as company wasn’t bending rules.

although it would help if they had a BoD that was actually a bit better
at mining? - proving up to better categories, and getting metal out of
the ground, to try to make WK generate cash rather than burn through it.

they are keen to monetise the metal, but proving & extracting matters.

hi pompey. glad you had good results.

i see that enthusiasts have focused on the M&A part in the NED’s description,
which is understandable if you are someone who believes that this company
may become involved with RTOs etc. — from a more sceptical perspective,
i think quite possible that AIM regulation / prospective nomad required that
they appoint someone like him, to try to improve EUA’s history of shoddy
governance. if so, positively that should help make it more likely they will be
allowed to resume eventually, but still begs the question of what company’s
assets are really worth, and in particular if they are actually going to dispose
of any, & for how much, rather than make some kind of merger or acquisition.

my own view remains, as stated before, that i do believe there is a genuine
underlying business at EAU, but i am pretty sceptical of the valuations being
bandied about, & i think they still have a lot of explaining/‘clarifying’ to do.

(might take a few months, maybe
up to a year. but 0p on its way.)

the game’s up.

0p coming.

didn’t finish blue, shenners.

which charity are you
paying that £50 to?

15:13, maybe that “if” bit matters.

oxford has been extending their subject recruitment today,
actively inviting additional participation from a number of
NHS organisations in particular ... they are looking to recruit
more 18-55 front-line workers, who may be at higher exposure risk.

(i should have said before, the ‘placebo’ /control is itself a vaccine,
but a known and well tested vaccine against adolescent meningitis
and sepsis, usually with very few safety problems, but where there
is no good reason at all to think it would protect against covid19).