Member Info for TheBeastofBodmin

'Bet it didn't sleep all night, LOVE IT! Save me them liberal tears loser'

He's had a miserable time with EUA dating back to the NOMAD, definition of madness is ever there was?

Along with yesterdays great news the company also has VAT returns pending which I believe amount to $1.5 million, tho it is possible some may have been already have been recovered and we do not know the potential amount pending it's clear from the update further monies are due?

Although like most hoping for a resolution to the sale process ASAP, the fact the company is more than solvent and due more funds could easily see them past the time war mongering Biden and his ghoulish administration are removed from office?

Much more positive moving forwards for EUA.

As referenced in Dels Q&A's via yellow vest

Q - Has the company recieved all the Vat credits? What has been done with the proceeds?

A - Recovery of VAT is an ongoing process. There had been a hiatus in recoveries earlier 2023, which has now stabalised.

They were telling us back in Autumn 2022 the company were going to need to raise and a placement was due......hmmm :D

Great result for EUA, contested a court case in Russia a win and the Russian authorties paying EUA the tax returns the interest and the result of any false fines.

Neghead meltdown all round.....too funny :D

‘ you and Wolfie talk about coach trips with each other’

Would you care for some sausage with your tea?

' The geopolitical stuff is a convenient excuse and next year China will probably take Taiwan and repurcussions from there will be the death nail'

You do see the irony in what you posted there right? :)

'If we sell then it's well north of £1.50' Well your enthusiastic I will give you that :)

IMO as we had to give up the JV + potential haircut which CS alluded to (less value) personally reset expectation but remain postive in regard to EUA and asset sale.

Were you not quoting an extravagent £1.50 yesterday Rich? :D

You do realise that would be well in access of $6 billion?

Not possible prior to war IMO never mind now, as for not selling in 24 they will need to sell something be that concentrate or assets?

Thanks for that the tax discussion on the other thread touched on the relevance, this detail in regard to concentrate appears to confirm it?

'2. Waiting on the Tax case being resolved'

Point 2 is potentially very relevant here, in regards to future production a buyer and also in regards to selling concentrate?

Also EUA via KK also were granted the Trav license and took on and won a court case contesting Russian burEUAcracy?

For a company that is finished according to the negsperts, they appear to have a strong and healthy relationship with Russian authority?

Lets hope for a better year in 24 Adam 😁🤡

I believe they are stupid enough to do this don't get me wrong, but I think if they do it will change the global financial structure and present current global standing not to the benefit of the USA.

Investment in the West likely drastically change as will currency valuation, do you think the middle East countrys and Arab nations are going to keep proping up the $ along with China after pulling a stunt like this? Most Arab countrys in fact most countrys full stop have had enough of their nonsense with the Gaza debacle, utterly reprehensible how they are still supporting Israel's action irrespective of Hamas dreadful attack?

How much US bonds and debt do you think will get dumped on the market, what will that do to the $ and how will they cope given they are $34 trillion in debt already?

I believe it will be a disaster, and cause enormous poverty....for their (our) own people in the US and Europe.

This is an escalation too far very dangerous and a slightly more pressing concern than little old EUA I would suggest?

Biden the EU and equally dim UK government have been warned in no uncertain terms by financial institutions, apart from this action a blatant disregard for international law which would come at a cost far more than $300 billion to Westen markets and currency investment.

That aside EUA assets is owned by Russian subs, and just won a court case requesting a reduction in production tax.

It was referenced in Dels Q&A's via yellow vest

Q - Has the company recieved all the Vat credits? What has been done with the proceeds?

A - Recovery of VAT is an ongoing process. There had been a hiatus in recoveries earlier 2023, which has now stabalised.

'the claim that the HOT's had been signed pre-Xmas' Probably click bait, certainly no evidence to suggest as much?

As for the tax case, very relevant to a buyer tax reduction from 22% to 6% is a big margin, in regards to the existing concentrate not sure if EUA have paid the original extraction tax to claim rebate although one would think so would not want to assume that?

One other relevant point is the tax credits EUA has not yet recieved which amount to £1.5 million.

He's only been doing it for the past decade :D

Good day all round for PMs with PLD rising like a morning glory 11% tho any deal would not be concluded on spot price a healthy price adds to the positivity.

Https://www.metalsdaily.com/live-prices/palladium/

Flying today, been a good week on all fronts more of the same please.

Did this morning it's beyond a joke.

There were 2 pieces of news yesterday the Gowling case resolution and the 6% Russian extraction tax reduction which was also confirmed but not relevant to an RNS.