focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
It's either great! Okayish, or bad. If there was no suspension and flashy detailed news was released, a lot of long term investors could be mugged off their shares in panic. This way everyone gets to read and fully understand whatever the RNS says before making what could be life changing decisions for many here
DYOR and GLA
Just remembered those Institutional investors who bought in at 22p and 26p
Hmmmmnnmnm
The directors are heavily invested in EUA and have worked their very hardor many years to build a goid company. They have integrity and I believe they would do everything possible to protect shareholders.
Let's hope and pray its good news
DYOR and GLA
Wed, 27th Apr 2022 10:35
RNS Number : 2601J
Petropavlovsk PLC
27 April 2022
GOTCHA
Misterbeck 1505Hrs:
I think Hasiba was right. 3p was achieved this morning!
DYOR and GLA
Expect news anytime from now ..... ;) ;)
The net proceeds of the Placing, together with the Company's existing cash reserves, will strengthen the Company's balance sheet and will provide the Company with sufficient capital to finance the POTENTIAL FLOW TEST of the Merlin-2 APPRAISAL well in Q1 2022, targeting 652 million barrels in the N20, N19 and N18 horizons, financing any potential new ventures identified by the Company and also additional working capital (including contingency for cost overruns on the Merlin-2 well). Following completion of the proposed Placing, the Company will have sufficient cash to fund its ongoing working capital requirements and general and administrative overheads for at least 12 months
It is all there in the RNS. Just wish people will read before commenting needlessly
DYOR and GLA
AUD 30m raised for exploration / appraisal of a highly prospective area and potential acquisitions......
And only a 15% drop in price? Likely to be wiped out when the FOMO kicks in in a couple of week's time. I's take this fund raise anyday. Hope no one has panicked sell this morning ;) ;)
DYOR and GLA
There is a lot in the RNS! Not just about the Placing and Merlin 2. This is the best time to do the raise and if you have been here for a little while, you would know it is coming. The point now is Merlin 2 drilling and results. If this comes good in the next 5 - 8 weeks, this price will be long forgotten. This is an Exploration company that needs money to EXPLORE. It has no revenue and this is AIM, which means high risk. That is why we have 50% swings in a day :) If you want stability and steady income or growth, get into the FTSE100.
Drilling for oil in Alaska is expensive and very risky. Let's hope for better drilling fortunes and results than last year.
DYOR and GLA
Hi IAN
Please put me down for THE RNS to arrive out of hours on FRIDAY 1 APRIL 2022
Thanks
DYOR and GLA
Welcome back TW
Certainly missed the positive vibes! Did you have time to reflect on life without EUA? :) :)
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that the financing released via RNS on 20 September 2021 was successfully completed on the previously announced terms.
Summary Highlights:
· H.C. Wainwright & Co. acted as the exclusive placement agent in the United States for this financing
. The Directors have reduced the financing size to approximately $15m from the higher amount offered to Eurasia
Higher amount offered? I suppose those US IIs have simply gone to the market and increased their investment if they really wanted to, with the benefit of better information from the BOD ;) I know I would if I was the Institutional Investor!
They may have kept just below the 3% that would have required notification. All in my opinion ofcourse
DYOR and GLA
There will be a deal or positive conclusion . These guys have been there for a long time and want the best deal. The size of their fee is also dependent on the size of the deal. All options must therefore be considered and the best chosen
Roger. IIs recently got in at 26p and it was oversubscribed. Before that IIs got in at 26.5p and 22p, both times oversubscribed. The directors are heavily invested here and there are many tried and trusted professional advisers onboard.
Nothing is dead cert on AIM. If it was, everyone will be here for quick bucks. Investing in shares is a risk and AIM is a huge risk. If you are not prepared for that, then you go to FTSE 100 for your 2 - 5% annual returns and dividends. If you want double or tripple digit returns and gains, you should have balls of steel to weather the storms.
Make no mistake, EUA is a very risky investment and therefore could fail. But it also has great potential and could make life changing gains for many. The BOD are obviously doing their best for their investment too! Each 1p change in sp makes or loses DS £4m. You either trust them and the professional advisers or you don't. So far I see no reason to doubt their intentions to realise great gains for all invested. It could take weeks or even months. YES, you just have to be patient
DYOR and GLA
Apologies for reposting, but is even more relevant now!
So since August 2020 funds have been raised from institutional Investors as follows:
19 August 2020 - @22.5p
26 May 2021 - @ 26.5p
20 Sept 2021 - @ 26p
Unless you think these Institutional investors are fools or naive, why worry about the ocassional drift downwards and upwards? Oh! unless you wanted a quick profit and have overexposed to this share, in which case the MMs are made just for private investors like you :)
This share price will come good in the end, very good. The Institutional Investors have seen the information presented to them by the BOD and would have done their DD. They will make a decent return on their investment worthy of the risk taken (AIM Company with activities in Russia) and if your investment is aligned, you will make a decent return too!!!
DYOR and GLA
So since August 2020 funds have been raised from institutional Investors as follows:
19 August 2020 - @22.5p
26 May 2021 - @ 26.5p
20 Sept 2021 - @ 26p
Unless you think these Institutional investors are fools or naive, why worry about the ocassional drift downwards and upwards? Oh! unless you wanted a quick profit and have overexposed to this share, in which case the MMs are made just for private investors like you :)
This share price will come good in the end, very good. The Institutional Investors have seen the information presented to them by the BOD and would have done their DD. They will make a decent return on their investment worthy of the risk taken (AIM Company with activities in Russia) and if your investment is aligned, you will make a decent return too!!!
DYOR and GLA
The SP has strayed below the above levels and come back up more than 50%.
The DFS RNS should not be released on a weekday morning and certainly not mid-day. It will take a hell of a lot of reading and understanding for an average investor to make a good informative decision. Ideally it should come after hours on a Friday, if not a full suspension of the shares.
I guess and hope the RNS people want to see right now are the 5 year mining plan and JORC code reserves. Unless you are a trader, it makes absolutely no difference to the ultimate outcome, which I believe will be great! But I guess the Mining Plan wcould be very revealing :)
Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that our hard work on Kola that started as a joint venture with Anglo American Platinum in 2005 and is finishing as a joint venture with Rosgeo, a much stronger partner for doing business in Russia, is coming to a successful conclusion
1. With DFS
2.JORC reserves
3. The EPCF (engineering, procurement, construction and finance) contract already signed.
The Board is committed to execute on the strategy as announced on 12 May 2021".
Does not get much better than this on AIM
DYOR and GLA
I think people need to chill out a bit. This is an investment not a casino.
The last RNS talked about concluding Mining plans in approx 2 weeks. Okay, we may get an RNS but what the heck does it matter if we don't? What matters is for the BOD to deliver on the contents of the 12 May 2021 RNS and we have been told several times that they are comitted to doing this.
When the last RNS came, it did what we wanted to the share price and MORE!
The RNS we are really waiting for is the Asset sale RNS. Its coming but I think it may take weeks. Mini RNSs that come between now and then are good for Day / week traders but Investors like myself are here for the real deal. Everyone with their strategy. There is no right or wrong really
DYOR and GLA
I am afraid this is the FOMO we have. Don't blame some folks for doing so. All about personal risk management
DYOR and GLA