Member Info for TheBeastofBodmin

‘ it’s been a while since i saw anyone posting quite so profusely in order to disrupt’

It was indeed a while ago since you were waxing lyrical prior to the NOMAD announcement Spike……😁

However toffers has more than offered up enough fud since then apart from persistently declaring ‘I won’t be posting again’ which translates to…’see you tomorrow toffers’ 😂

FUDsters and story’s all round.

I dunno what some people are going to do with themselves as a release post sale perhaps they are hoping for a continuation in a new juristriction EUA2 in order to continue the 'witty banter'?

'Trying to get more details on that point and then get accused of spreading FUD, with another stating “wait till they find out who owns Moreno”'

I see, I was under the impression you did not have the doc?

In regards to anticipating any further information anything that is not in the official updates in the court docs would not be commented on the company lawyers Simmons & Simmons would ensure legal procedure is adhered to.

Del, it's a 41 page PDF document which as we already referenced multiple times you can go onto telegram to review or download the court case EUA v Mispare for £36 quid?

What more precisley do you need?

What lies precisley does herbie refer to? Do expand hebie and enlighten the shareholders with your knowledge?

My understanding is ‘undeclared’ shares can be held for up to 12 years if unresolved, and although a large amount at 11% these are not of sufficient amount to prevent the company action a sale?

Happy to be corrected with any confirmation of fact to the contrary?

The last 2 RNS as the sale processed was referenced 11 times.

Guess Roger chose to miss them? 🤥

This guy is a nationalistic nutcase he’s criticising the war….for not being hard enough.

As we keep saying be careful what you wish for.

A bit of light banter for a Friday is always good fun 🐶 😀

‘ From what I have heard, the BoD got a little too greedy back in 2021, and could have taken a deal at a much higher price than we will get from this current sale (but they won't tell you that!), and Keith ignores most investors’

Is that the same rumour I heard via Dave with his one eyed dog 🐶 Patch at the duck and feathers 🤣

Mr Hackett,

I think the thought was around the potential for a JV which would be the only option of course if a sale were not happen but the company have stated their intent as you allude.

Personally would have loved a JV in a peaceful caring thoughtful and poltically sensible world, alas the lunatics are running the asylum we are stuck in the middle.

Goodness me there is massive investment into London/UK via wealthy people from all over the globe not solely Russia.

This has caused locals to totally be priced out of course not that recursive government have ever cared for our own but thats a separate rant irrelevant to EUA.

'there can be no guarantee that Eurasia will enter into 'binding' agreements regarding the sale process'

It would be remiss not to until signed?

A JV is never out of the question, but it would be a last option IMO as referenced the man to manage procurement is/was JN.

CS is a geologist his forte is studying rock formation also age he is what 64ish?

Again why would they be considering a JV at this time if they were not progressing development at MT?

Concur Stej

'Often peoole on BoDs leave when the job is done' - And it was done WK power and dragline, DFS complete and no progression of MT for him to procure (see last RNS)

'While we have a EPCF agreement for the development of Monchetundra, the Board do not believe it is appropriate to commence immediately due to the ongoing sale process of the Russian assets'

'Not sure why some are reading anything negative into it tbh' - It's Aubrey!

'If things were bad, surely they would just stay on and take the paycheque until the end' - Precisley, good management IMO

Thanks, that was the other point I neglected to mention 'JN didn't leg it, he retired....Job done'

A JV without JN involved in progressing such a project at least until ready to commence - I think not?

As you say he's completed his work here.

A JV is absoloutely not the option the company is considering or wants to progress, if this were the case why would they have not immediatley triggered the Sinosteel agreement post DFS? This would be last resort and leverage at best IMO.

Why also are we not seeing the DFS?

The clue is in the RNS, 11 times in the last 2 releases on the 3 July 23 the company cannot make it any clearer?

3 Jul 2023 07:00

RNS Number : 6535E

Annual Results and Notice of AGM

- In the meantime, work has continued on optimising the asset base prior to a possible sale.

- The project is now being considered in the context of the Company's proposed asset sale.

- Possible sale of Russian Assets

- We acknowledge shareholder frustration regarding the duration of the sale process, however, we also note recent precedent transactions which have successfully completed despite the geopolitical situation.

- As ever, there can be no guarantee that Eurasia will enter into binding agreements regarding the sale process.

- While we have a EPCF agreement for the development of Monchetundra, the Board do not believe it is appropriate to commence immediately due to the ongoing sale process of the Russian assets.

- newly appointed CEO Vasily Kudrin is in charge of pre-sale activities.

3 Jul 2023 07:00

RNS Number : 6537E

Approval of DFS and management changes

- Company's focus on the possible sale of its assets in Russia, including the Monchetundra project.

- the Board does not believe it is appropriate to commence construction immediately due to the ongoing sale process of its Russian assets

- Konstantin will have oversight of the ongoing discussions regarding the sale process.

- there can be no guarantee that Eurasia will enter into binding agreements regarding the sale process.

Yeah sure toffers so in your opinion PGM’s would not be sold from Russia via proxy….making the entire process x times more expensive for the manufacturer of course?

'From what I have heard, the BoD got a little too greedy back in 2021, and could have taken a deal at a much higher price than we will get from this current sale (but they won't tell you that!), and Keith ignores most investors'

This one we have done before, conjecture at best given the company is and always has been tighter than a ducks a*se?

We do however know the company were clearly developing a serious mining district with the Russian authority which would could and should have benefited the globe in regards to the green metals most of these hypocrytes (politicians) claim are desperatley required?

Despite this fully trust the existing BoD you are not going to remove a BoD aligned with shareholders particularly at this time, shareholders need to trust their investment we have all been seriously down on this share at one time or another we have a DFS things are now possible.

'Del has so very astutely/intelligently IMO already put together so many many very important questions that let's face it deserve an answer now!'

We have all had a sober reminder as to why at this stage in the proceedings it is in the BoD's hands and interest to move this forward at the pace dictated by circumstance and by their expertise in order to do so.

We see what occurs when issues that do not comply with the Russian state (Calsburg and Danone) the BoD so far have steered us clear of such drama, no guaruntee they can continue to do so point being shouting from the roof tops until any deal is completed is not going to happen and no amount of desperate pleading is going to change that.

Further to that we have our own political horribilis which could apply sanctions on anything at any time?

It is as some here indicated the Ukraine offensive to date is a disaster the more desperate things get the more they may be inclined to lash out. Europe courtesy of the US is at an all time low IMO, fighting a needless war contributing to decimating a country it's people in what is increasingly looking like the mosty ghastly of humiliations and humanitarian catastophe.

Until the powers that be plug in to the common sense socket we are prone to any number of potential shocks moving forward.

They want to replace the BoD member who owns over 3% of the existing shares with ??? with likely zero % of shares and assume that will result in a magical company transformation whilst in a country at war with NATO?

These are the people who were setting up an EUA ‘action group’ not long ago….what happened to that not so much action I guess?