RE: Possible deal?19 Oct 2025 21:47
20:01,
Well, EUA do not bring in cash by mining, as they lose money when they try to mine; they have no other source of revenue; and they have failed to sell any assets at all, despite trying for many years.
… so other than another placing, how do you believe this company can fund itself, welcher?
from the last set of accounts, i think they run out of cash by mid/late march 2026, maybe early april at a push.
it’s never sensible to line up placing money at the last minute (as potential funders then know they have the company over a barrel and set their price to buy in accordingly) so probably should aim for no later than feb imo.
… question is, what might they be able to do to spike up the price and volume over next 3-4 months, to get the placing away? AIX listing did nothing for them, so currently they seem to be relying on yet more unrealistic broker puff notes, plus attempts to claim that a ceasefire in ukraine would magically transform EUA’s sale prospects.
but if people can suggest how else this company is going to raise more cash over the next few months, other than a placing, i’d be happy to read any such ideas.