Member Info for Spikeyj

Crypto, this is still a fully listed, unsuspended, freely traded share on the london market. i think many biggies don’t like it simply ‘cos they think it’s an over-priced well dodge share with PoS assets in a shockingly bad jurisdiction, rather than because of sanctions. (IG & others very sensible want to manage their exposure to overstretched retail punters.)

[[08:58, & in terms of mining finance, don’t the enthusiasts here like to believe that the sinosteel funding is still there on tap, waiting to be activated as & when?]

Gecko, i already did my stint working for an investment bank long, long ago. keep up!

Ah, ok pat. i understand we are posting about two different issues … i am asking for thoughts about the value of EUA, i.e. what the company and its assets are actually worth, whereas you are posting about relatively short term share price predictions & sentiment. good luck with your trading.

(? which institutions do you believe are currently prevented by sanctions from investing in london-listed EUA shares?

Crypto, EUA is a freely traded london listed share, not under sanctions. if someone wanted to buy its assets, or take part in a company placing to buy chunks of shares & help fund the company, they can already do so straight away.

Btw, i don’t think EUA hit 42p before just on “sales talk” — there was a massive ramping campaign, much based around the ludicrously false valuation report from ACF.

(please note, ‘false’ need not imply dishonest —- people can be very sincere in beliefs but still wildly wrong, thro’ for instance utter stupidity, incompetence, or being badly misled by others.)

Hi pat, thanks for your ontopic & polite reply. your post seems to focus on historical share price movements, rather than value per se.

my suggestion would be that underlying *value* at a metals miner primarily relates to:

- the amounts of metals a company has rights to

- the costs of extracting & processing those metals (inc financing, storage, waste & remediation, etc)

- the global selling prices for those metals (inc marketing/distribution)

? how would those three things be significantly affected by a ceasefire in ukraine?

… or do you think the underlying value at a metals miner mainly rests on something else?

(same question for stej, who didn’t explain *why* he thinks EUA value would correlate with war cessation, i.e. the rationale)

But anyway, back to on-topic EUA please? — awaiting any sensible responses to my 21:40. tia.

(I can’t remember exactly when lse randomly decided to unban me from this board, but from memory think it was probably sometime spring/summer? 2023? …. so should be plenty of posts from me over on advfn 2021/2022/2023, but probably fewer in 2024/2025 as generally i prefer lse format to advfn. … i also used to prefer lse’s stricter approach to foul language, but lse just doesn’t seem to care any more.)

Hi erifles. just to correct you a little, my lse account has never been suspended. admin banned me from posting on this specific chatboard for a while, however they did not suspend the account.

i’m afraid that i don’t know what you mean about advfn, since i have told no lie at all about that.

while i was banned from posting on this chatboard, i sometimes posted instead about EUA over on advfn … from memory, on three different threads, excellance’s very rancid one until he banned me from that one, the ‘spoof’ thread until that got overwhelmed by spam attacks from rampers, and then on a ‘bear case’ thread which was moderated and so less vulnerable to spam attacks. …. but you are very welcome to peruse as many thousand posts as you wish over on those threads, if that’s really how you want to spend your time, knock yourself out fellah!

…. but as per the title of this thread, i would find it much more interesting if you wanted to comment about EUA itself, and in particular the idea that the s/p will soar if there is a ceasefire.

One of the main recent rampy narratives on this board has been the idea that if there is a ceasefire in ukraine (whether a just one or not), the EUA share price will soar.

but very, very little rationale or justification for that belief has been offered.

from my own perspective, i do *not* believe that a ceasefire in ukraine would

1) increase the amount of metals in the ground EUA has rights to

2) decrease the costs of extracting/processing those metals

3) increase the likely selling prices for those metals in the global economy.

(although i can see, that *if* enough punters buy into the narrative, then there could be a short-lived share price spike simply as a self-fulfilling prophecy! … but that, of course, would be very different from any increase in real *value* at EUA - remember, price is what you pay, value is what you get.)

it would be genuinely very interesting to hear, from enthusiasts’ perspectives, what the rationale might be to support the idea that an ukraine ceasefire would increase EUA value. tia for any civil, on-topic, thoughtful replies.

[& at least it would make a nice on-topic change from fascist apologia, maga worship, endless personal insults, umpteen random short-term price predictions, etc etc.]

14:02, only in your dreams, gecko, as i have no connection with jub capital.

Crypto, i think the snag is simply that gecko never understood jp’s concept of ‘sell it down to the sleeping point’ — hence, he’s perpetually over-stressed about EUA.

12:55, Q. how do you tell is a russian is lying? — A. their lips are moving.

i’m sure the russians are absolutely delighted that their deep sleeper agent trump has not only sent them witkoff as a gullible and compliant catspaw, but has also systematically been hollowing out the leadership and command structures of US overseas intelligence services. the russkies are getting great value for money from trump.

… it would be like someone accepting payment in IOUs signed by the ghost of bernie madoff.

There would be no point in anyone trying to “support their investment”, since the ‘investment’ is very obviously totally worthless anyway. imo anyone still actively sticking up for amit must have other incentives to do so other than owning utterly worthless shares.

? why would anyone sane accept ‘free shares’ from amit as payment for anything whatsoever? - they’re worth less than a green shield stamp.

Looking like a hard tussle between espen’s 3p target and gecko’s prediction that EUA s/p will be 10p by the end of this month. …. who will win? (come back, harry hill, you are needed).

… so if i understand the rampers’ logic correctly… the idea is that trump recognising putin’s illegal annexation of ukrainian land, trashing the 1945+ international laws on sovereign integrity in the process while he also wrecks global free trade, will (a) miraculously lead to mining costs at EUA falling dramatically so that its uneconomic assets suddenly become profitable, & (b) also make international investors mad keen to put their hard-earned into the frozen, polluted mined-out kola area under putin’s reliable and honest rule.

? does that sound about right?

Sweet dreams honest and polite folks.