Member Info for TheBeastofBodmin

Indeed Summit thats why I confirmed in previous posts my support for the letter.

In regards to CS IMO ATM with the company projects moth balled and with the new co sec Anna I would have thought his tasks are on only when need basis....bwtfdik?

*Mining WK and the drag line may be relavnt to the open positions at KK, but now the tax issue is resolved I also see no reason for us/a buyer not to mine WK?

I don't think anything negative about the letter and see this as a request for latest update and transparency where we are along with plan for resolution/progress, which we all want in regards to better comms?

My concern is new people costing the company a load of money and achieving f**k all....we can do that already on less :D

Employing a CEO will cost £££ if for example you are a mining operation then you would need a relevant CEO I concur, but CS has informed us he is acting CEO on a reduced salary so employing a different CEO at this time...to do what?

I do not believe a replacement CEO is simply going to magic up a sale, this is in the hands of Artem, Dmitry and co, I very much doubt CS has huge influence in this (sale) process however clearly does have a relationship in Russia you do not have 25 years geological experience in the region without therefore his input in that area would be relevant.

Unless the compnay mines WK or for example takes up the Sino agreement cannot see what a CEO would add, would just another bum on a seat taking £££?

@Del irrespective of your personal views on the BoD they have a clear relationship with the Russian gov and mining authorities.

This was emphasised in the fact they were able to take a tax dispute to the Russian supreme court get a trail and win.

We know the Russians do things by the book and are painstaking in regards to DD, any changes to EUA would be scrutinised to the enth they are holding the keys to any potential sale not the SH's.

That aside....the letter referenced in no way implicates CS & Co getting voted out, that is completely out of context of what ithe letter represents much of which I agree with?

Do you not understand the history between Queeld (brothers) and the Russian Gov, why on earth would any SH in EUA want Queeld to play a part in any directorship change?

Irrational thinking, though you will get a change of that I can assure you likely full takeover by the Russian Gov :D

'we could mobilise large shareholders including Queeld and force an EGM to remove the incumbent directors'

I don’t know what he does but at a guess I wonder if possibly linked to TW or Adam?

Not the only one either but why be posting on the EUA board and only this board, or display such an unhinged loathing of this company it’s BoD and shareholders?

Either way 🚮

Not entirely but partly I think yes, you have to remember the Russian speaking regions of the Ukraine consider themselves Russian either way this does not justify an invasion it was reckless and unjust, but then so was shelling the people of the Donbass for the years prior to the invasion.

My opinion both sides (West & Russia) are responsible for what has occurred in this region.

The facts are all out there without Tucker Karlson?

Since the 90's NATO has continually expanded a well respected US ambassador William J Burns memo'd the fact fact the US knew NATO expansion would result in a Russian/Ukraine war, it was in wikileaks 'nyet means nyet'

Anyone has a shelf life of usefulness where the US are concerned, Ghaddafi, Saddam, Bin Ladan (mujahadeen) all former allies and deceased with countries still a basket case today, I wonder what will be left of the Ukraine how it can posssibly fare any better?

The war in Ukraine has been on for 10 years now since 2014 the main stream compliant to the globalist agenda have ignored the complicated past or more recent history of the region to present a more nuanced understanding and educate people on the folly of this conflict.

They are as guilty as any political entity for the latest catastrophe in Europe.

Https://www.msn.com/en-us/money/markets/russias-war-time-economy-on-track-to-outpace-us-growth/ar-BB1hCwNZ

Polymetal news was out over a week ago and it was not confirmed the value they were selling their assets for....shareholders cannot assume value until they confirm the details originally set at the end of Feb?

Appears like a placing in March then tin top? 🤣

The BoD did indeed confirm the resource value had increased post DFS as anyone who bothered researching would know. 👍

We have had quite a bit of news and ppl post on what is relevant which are usually ignored, superseded by irrelevance or removed by the angry mob.

No matter they change nothing the company has funding moving forward news will be reported as and when it comes.

I don't know anything about 'secret talks' but it's clear these two Zelensky & Zaluzhny have issues which are only going to fester and get worse if one or the other is not removed?

Dreadful for the average Ukrainian and the senseless slaughter. I would not want to be in Zelenky's shoes his best bet will be a sudden defection to the US perhaps a residence in the tax haven known as Delaware?

Will be very surprised if he is still hanging around by summer the writing is on the wall.

After March 7th - what’s happening on March 7th is it your birthday 🎂 or something?

Why wait until then?

We know full well things have happened are happening from the KK tax win, company secretary change and open job positions also via KK.

As for valuation one only has to refer to the HC Wainright report WK $141 million ash flow value alone equivalent to 3 - 4p a share.

Geo politics aside which are ATM a disaster company is hugely undervalued.

The updates to Q 2, 3 & 5 confirm the company is not stressed financially investors all want an asset sale of course but this clarification means they company has no pressing financial concern over the year hopefully the dreadful war mongering Biden will be removed this year and in place an administration with more acumen for foreign affairs?

A lot more positive outlook for this company the dregs desperately hoping the company would be wound up after Q1 proved wrong.

'64000oz/year is 1814kg/year. Current booked reserves 4400kg (minus 2 years of production) gives a mine life of 2 and a bit years. Current drill results from the flanks areas don't look promising for adding to booked reserves'

So a 2 year mine life for a resource that has recently a electric drag line installed a court case Russia a DFS and independant valuation via WAI?

Sure went to a lot of trouble and expense for what you appear to indicate is practically worthless?

What are your areas of expertise in geology to counter the surveys and updates performed at site?

We cannot assume the company is mining WK, it is the subsidery which has the open positions hence of the opinion they will not release anything until they are in a postion to do so and all is dotted and crossed....whatever that may be?

Either way it's very positive but not for the mob foaming at the mouth for the company to fail, declaring the company was wrapping up after Q1, a placing would be required, selling for 0.5p, WK is worthless 2 year mine life etc...LOL

With tax & vat reciepts we know the company has existing cash until the end of Q3.

However if they are mining WK themselves this would indicate they are able to sell the stored concentrate in order to start and commence operation with the drag line.