RE: Closing price 22.80 ut21 Oct 2021 20:25
A few positives from recent RNS etc
.So full asset sale offer was received, yet since then the buyers are queuing up with there wallets open .# name your price
.Huge resource upgrades incoming with WA carrying the sack - JORC incoming # huge stock rerate
.ii queuing up to toss dosh in as noted on both RNS .# behind us rif raf in the queue
.Potential Bidding war brewing # name your price
. Electric dragline & oozing wash plants # cranking up the mining for the buyers to see
. Look at the legal teams involved for the last 18 months & the banks for the last 2 yrs - bringing the deal to a conclusion in the best interest of stockholders. # plenty of meetings with coffee & biscuits
Quick Reminder of Previous RNS ,
· The Directors have reduced the financing size to approximately $15m
# buyer at the table prepared to pay more than originally thought
· The cash balance of Eurasia now is about $35m with no debt
# bags of lolly in the bank , just strengthens position
· The financial position of the Company is sufficient to accomplish its commitments in relation to Rosgeo JV, where a JORC resource by Wardell Armstrong is to be announced shortly
# huge re-rate
Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased that more institutional investors have joined our shareholder base, as we reach another important milestone. We look forward to providing further updates".
Now heading to the top table at the Green Energy convention- where EUA can show off there precious metals to the Green Energy Titans with there fat wallets bulging .
Superb stock & company- superb BOD & superb board of investors
Still the same negative posters turn up waffling hornswaggle , you would think after the 6 th time they would sell up or perhaps they just don’t own stock ,
I believe all invested including the negative ones will be pleasantly surprised at the deal offer when it crawls on deck .
Fetch the finest Grog