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If EUA not subject to restrictions, why no sale?

As I say, uninvestable whether restrictions or not

Getting into any kind of production needs two things-working capital and a buyer for the goods.Neither are available.

BOD should cut cash consumption to bare minimum and ride this out

They don’t have the working capital-it’s more than a bucket and spade running a mine

This is toast-the only thing of value is the list of ‘clients’

Well the evidence is in the SP-not exactly suggesting a blockbuster exit despite all the nautical rubbish

I rather like SCE as a great opportunity but in this market it’s easier to find the weak and vulnerable-plenty of companies out there who have been living with weak balance sheets.

The EUA board should be honest-call off the’ sale’ and knuckle down until Putin is gone.

I take no pleasure in making the broad brush statement that no sane buyer is going to buy anything of note in Russia at the moment-especially when the asset is still in the ground.

If it was investable, there would have been a placing by now.

So Tilly-what do you advise from the undergrowth?As you know, I’ve said this is uninvestable for at least 15 months and that position remains the case

Put forward your view and let’s debate

Tilly back-must be a Placing coming which will become an Open Offer

You may be right but there is plenty of evidence over the last couple of years that the sector was going south-not helped by the vermin ambulance chasing lawyers who prey on this kind of stuff

Whichever way you cut it, Amigo( you have to laugh at the name) were pulled by the FCA for malpractice.Their model is based on fleecing people at the bottom of the ladder and frankly it’s morally bankrupt.

The irony is that the company has run out of money in a sector when they are supposed to be the lender.Schadenfreude all round

It’s not going to happen

Dream on

Uninvestable -nothing has changed

Can you imagine an institution telling its clients /investors it’s bought a Russian resource

‘You did what!!’

I think the first name of the operator is Basil

It won’t affect Minoan given there aren’t any buildings!!!

Https://mobi.hotelnewsresource.com/?p=27342

I saw a similar RNS with a hotel collaboration around 20 years ago-it’s still scrubland

Ah Tilly-that clown spouting off nautical rubbish like a siren on the shore.How many lost money because of his intoxicating and reassuring drivel, all the while ignoring the elephant in the room called Putin

Doesn’t look like a good punt to me

It’s called increasing the denominator !Its not difficult,

I have a carrot cake-I can either cut it into 4 slices or 8-but it’s still the same cake unless somebody changed the cake by putting icing on top(in this case more good news)