Lets have some crab instead3 Jun 2021 13:48
After all it's considerably more palatable and more upmarket
And all the while, UBS, CITIC, DLA Piper continue behind the scenes after at least 11 months plugging away. Company have approx $25 million to hand with zero debt if you consider the $6million mentioned in the Rosgeo RNS plus the $20 million from the non-discount recent placing. To reiterate a previous post...
Here's a few points about Eurasia:
- Is the company in the best financial position it has ever been in (mentioned in RNS)? - YES
- Does the company have access to approx 94moz of PGM's (mentioned in RNS)? - YES
- Are the BoD major shareholders? (And have taken shares in lieu of salaries) - YES
- Do the BoD have a proven track record in the mining, finance and legal sectors? - YES
- Are the best bank and legal firms money can buy advising Eurasia on the FSP? - YES
- Are PGM prices at an all time high? - YES
- Is the FSP taking longer than everyone (including the BoD) expected? - YES
- Have the BoD ever let shareholders down since the sales process was initiated in Oct 2019? - NO
- Is Eurasia the last non-consolidated Palladium play? - YES - plus platinum, rhodium, iridium, copper, gold, cobalt
- Do Eurasia have the lowest extraction costs due to being open pit resource? - YES
- Have Eurasia received multiple non-binding offer? - YES
- Has the share price settled 65 times higher than when the sales process was started in October 2019 - YES
Wonder where they are up to with the multiple non-binding offers, may well have a couple of binding offers by now.