Member Info for SteJSteJ

Not sure how one can make a call either way around the competence of the BoD at this stage. The sale process is still underway so they haven't failed nor have they succeeded.

You can happily argue communication is poor, but with multiple NDA's in place, it's hardly a shock.

The proof of the pudding is in the eating, so until the sale happens (and at what price) or doesn't happen, one cannot judge.

Throw in probably the 4 toughest years in a row for a long time across the world / europe, and I think the BoD are doing well.

If it sells for 5p a share, I'm sure many will be frustrated and critical of the BoD, if it sells for £5 a share, I'm sure all will be ecsatic and praising the BoD

The BoD stated they were hopeful of a sale by the end of the year at the AGM.

Investors predicting a sale by then are hardly being bullish, they are just following the guidance of those in the know

Or maybe it's aligned with the ongoing conflict in Russia and the recent horrors in Israel diverting resources away from Ukraine.

Evraz is suspended. That is uninvestable. You can't actually buy any shares.

EUA is investible. You can buy shares.

It may be a lot riskier in terms of investment since the war began, but one clearly can invest in it.

Anyone saying otherwise, clearly isn't telling the truth

Good find 👍

Why is that an issue? I appreciate you'd lose the ISA wrapper and what you have paid into the allowance, but the unlisted shares could just be moved out no?

Filter and ignore

That one is back too? Just filter and ignore. Not worth your energy engaging

Is that illiterate still around? They claimed the options had expired despite the RNS's saying they had been extended.

Just filter them and get on with your life. No point wasting your energies

It'll be interesting to see what the share swap offer is and who can take part.

Not more moanalogues from Tygra is it?

Are they still blaming everything but the war?

Why "as if by magic"?

They said a delay. They said end of Sept as the target. It's over by a few days but highly expected.

And lo and behold, with ages before a strike off would occur

Increasing MCAP is easy, just issue lots more shares 😉

1 month into 3 months seems rather premature. Maybe when there is a month left?

Or are you implying getting an extension takes 2 months to process?

It's all academic. Investors can't do anything given the shares are suspended.

Roll on October to see if there is a formal offer

That's 2 months away. Feels like scaremongering to me.

Not sure why you're scaremongering here.

If you're so concerned, email the company

BFL - there seems to be a large discrepency between your calling out of posters. You seem to only call out those with things positive to say.

I see no calling out of Spikeyj's posts (which I assume will be the usual conspiracy nonsense) nor that of Rickstars (I assume claims of a 1p offer based on replies).

For a newly invested poster, it's all a bit fishy would you not say?

Bad :

Not sold concentrate

Limited hard cash on hand

DFS not disclosed to shareholders

No further production this year

Good :

Multiple parties in tender for concentrate

VAT credits in pipeline

Multiple parties at various stages of DD for asset sale

DFS mentioned in terms of improvement in value

On the whole, this all feels sensible to me given the strategy is to sell the assets.

Would it be comforting to have the concentrate sold and have more cash on hand? For sure it would. Given multiple parties are in contention to buy the concentrate suggests a fair price can be obtained.

Would I like to see the DFS? Very much so, but I suspect it's being held back (due to NDA's/ Legal reasons) so potential interested parties get to have a good look before making an offer.

Multiple parties at various stages of DD sounds positive to me. Based on previous comms, this also would include the party which completed the DD back when Jesus was a lad. Multiple potential purchasers suggests potential for fair value over firesale.

Whilst nothing is guaranteed (I mean you can't sell something until it's sold) the tone of the update sounds like it's going in the right direction.

Hopefully by the end of the year it is resolved, but there are options to raise further cash if it continues on.

Steady as she goes then. Roll on the next RNS.

Tygra & Spikeyj? Just filter and move on Lenoman. No point engaging with either of those posters.