Member Info for stockdale

You don't know lambsy? I thought you knew everything about this?

Ignore.

I'm certainly not your 'pal'. And the rest of that post is just aggressive and abusive. Ignored.

How's that 'ramping' Aubery? Joey had a logical and mathematically accurate post for a substantially higher figure. If you don't like EUA then don't invest in them. Simple. The rest of us can without your snide comments.

You're still talking an equivalent of 30p a share in sterling terms trading. In dollar terms it's still 25p per share equivalent. Not the best we can expect and, in which case, probably a more likely offer. Although getting very close to EUA turning it down to go it alone.

The BoD will know exactly the direction to go in. We can only speculate on the likely way they would use the sale funds. My more conservative view for a special dividend is based on them wanting to join the big boys club at WK with the purchase of the biggest equipment in diggers and lorries. They now have the expertise on the BoD to do that.

I recall Richard Branson having to sell Virgin Records as the banks wouldn't provide the funding for Virgin Atlantic and look where he is now. This ain't delusions of grandeur as they have the expertise on the BoD.

A good analysis Joey. I presume you are referring to a sale of MT only. I n which case I presume EUA would retain some of the sale money to develop WK. They may also retain some extra money as a buffer against increased cost in developing WK with an assertion that they would pay further dividend payments at future dates out of that buffer amount to ensure the company SP would not fall immediately after the first special dividend payment. That would be the case as investors would wish to retain their shares and not sell immediately after a special dividend payment.

In which case an initial special dividend of 12p to 15p would be reasonable. It would also be very welcome to shareholders who would have paid around 2p to 4p for those shares, and would still have those shares after a special dividend payment.

That would then be a win for all, shareholders and the company.

Just listening to the Independent Republic on Talk Radio myself.

Oh dear. The kiddies playground returns. Selective facts only. Can't post them if they show EUA doing well though (rolled eyes).

You need to read more stuff Aubery. You don't have to be here. And nor do I, before you mention it.

These guys created havoc here Amers. Free speech is only allowed within reason. You can't shout fire! in a cinema when there's no fire.

A dangerous tool though Blue as some people believed it and selling created a snowball effect from 4p+ down to 2.1p as scared investors pulled out.

Brotherjoey debunked that post a few days later but the damage had been done. Ignore and report if necessary.

Ah! The guy who posted the damaging rubbish a few weeks ago that caused the crash in the SP. Do not respond to him folks.

Interesting that with EUA we're not that bothered with a valuable commodity that is platinum when palladium is so much more valuable, and there's rhodium as well.

That's platinum. That's all they were licenced to extract for platinum only.

Also SXX require massive tunneling. EUA will be open cast.

We had a World population of 2 billion up till the 1920's. That doubled to 4 billion by the 1960's and increased to 6 billion by the turn of the century. We're now at 7 billion. The belching chimneys in the 19th and early 20th century was from a much smaller number of people. Now we are a lot cleaner but with more people.

Ice ages have occurred every 10,000 years or so. It's been 10,000 years since the last one. Maybe that's why some say we are due another ice age, I don't know. Maybe the current increase in CO2 is just preventing another ice age. The global system is too vast for us to know exactly what is going on.

We need renewables largely to ensure 7 billion plus people have enough energy in this World. A cleaner atmosphere has to be good as well as the smogs of the early 20th and 19th centuries were not pleasant and would cause respiratory problems for many people.

Electric vehicles have their place but need to be used correctly and not have electric diggers operating for 2 hours and requiring their batteries to be recharged by diesel generators over 8 hours.

Major negotiations don't work like that Anders. Contracts are complex as they take account of these things with an agreement of price based on the price over a period of time and predicted stable ongoing price. That along with multiple other factors. That's why negotiations take so long.

Any World instability doesn't only push up gold. All precious metals and commodities benefit as they are materials that are needed. Palladium will benefit and EUA with it.