RE: Christian Schaffalitzky16 Oct 2024 15:28
The clue I think is in the text from the RNS 6th Sept last sentence.
This would explain the duel listing allowing the investment and buying of xx% of shares to propose the management buyout along with strategic investors.
Once admitted on the AIX this will allow relevant parties to purchase the alloted amount required, to what price ???
In regards to info Shiv at YJ referenced a webinar and also there will be the AGM, but don't take my work for it, mail him and ask him if the webinar is still planned, which hopefully would clarify some of the Q's for SH's?
This is the only logical way out now I think, selling to a potential purchaser now would incur a huge cut as selling from an 'unfriendly country' as I assume EUA would be?
As for sanctions, they may not have broken them (to date) as much as Sino or other partnership/mining ourselves was attractive this is just a dream the conflict and associated sanctions would wreck that one.
I think this to be the plan IMV?
'During the year, a number of parties were in discussions with the Company regarding the potential acquisition of our Russian assets. Eurasia continues to seek a complete exit from Russia via either selling all remaining Russian assets (comprising West Kytlim, Monchetundra and NKT) via a competitive process among strategic investors, or via the option of a transaction involving Russian management, in partnership with a strategic investor'