RE: Are you watching Spikey?20 Oct 2025 16:45
Kammy, my focus is underlying value at this company … price is what you pay, but value is what you actually get.
EUA simply doesn’t have a viable business, imv, because it only owns poor quality licences that aren’t economic. it doesn’t have anything else … it can’t mine at a profit, it can’t sell its assets, and it doesn’t earn money any other way. it’s been like that for years, including well before putin’s invasion.
all EUA can do is sell its shares in placings, assisted from time to time with ludicrously false predictions from the likes of ACF, telegram pumps, and puffy ‘research’ notes.
… in the meantime, the share price fluctuates based on whatever rampy stories pis are and aren’t getting suckered into believing - over the years, that’s included ACF report, massive dividend ‘shortly’, VTB /CITIC, liars on here claiming EUA has rare earths, fake news about blackrock buys, cebo’s lies about bid rumours, hydrogen deals, photos of nuggets on the ground, claims that trump will bring peace to ukraine and then US investors will rush to buy in the kola, AIX listing will allow big investors to rebuy, etc etc etc etc.
the s/p goes up on the ramps for a while, sometimes more, sometime less, then the rampers dump and other mug punters are left holding the baby as the s/p slides again.
the biggest ramp fantasy for some time now has been the idea that a ceasefire in ukraine will magically make EUA’s mining licences worth more - utter nonsense imv, but a lot of underwater pis desperately want to believe it, and the rampy traders are only too happy to encourage that belief. i think it suits the company too, as it diverts attention from the underlying business failure and provides them with an excuse.