Re: What a difference!!! RNS. Well tried four times today to pick up a nother 1M shares and could not get them any time. Tried breaking it down into smaller chunks and coudn't get 250k orders filled, so it would seem that MM's are either short of stock, or are filling up with their own customers first whilst trying to keep the price down for them. Rather frustrating.On the RNS front, this was very encouraging today, though it would seem that last years contractors were royally shafting EUR as the new ones have managed as much turnover in six days as the previous one did in several months (or so they said!!). It would seem that the new investor/director who was responsible for getting the new contractor on board has been a very good move, and if they can reach a stable production of a Kg of platinum a day for the mining season, then this share should be on multiples of the current price on that alone, plus the other possibilties and Monchetundra in the wings awaiting the final license approval.Once that comes I think we will be well over the 1p mark and heading towards the point where the warrants issued with todays second RNS could be called in by the company.Paying down part of the loan as well is a very good strategy as it limits our dilution risk.On the whole a very positive day for EUR.gltadkok
Re: What a difference!!! RNS. yes, but why didn't they do the honourable thing and issue the positive news THEN issue shares (at a higher price).Blatant disregard for existing share holders
Re: What a difference!!! RNS. 4.6 kg of raw platinum was produced from 3rd May to 9th May''Thats $150,000 in 6 days
What a difference!!! RNS. Professional team running the mine. No more "one nugget for me and one grain for the pot" from last years crew.At those numbers we are looking very very good. Let's hope the next news on MT puts us up into the penny domain.GREAT JOB TEAM!
Can't Buy Not even £600 worth. Looks like this is in demand.
Little mention I'm not a holder here but you may like to hear this near the end [link]
Re: quietly confident of 1p sp Thank God i did sell even though i would of got more had i waited .Not good at getting bottom or top have to be smarter then me to do that .Back down to 0.35 -18% today.
RNS New contractor Let's hope they are a competent team. No putting your paws in the nugget box..
Re: RNS re broker Hi GentGYes I spotted that as well. Wasn't sure exactly why it was put in there as it seems to me to be not really relevant to the Beaufort news at all, and should really be part of a separate RNS in its' own right. Unless the BoD felt that the Beaufort RNS would be seen as negative, so were throwing a nugget in there to keep the price up.With the mining license getting quite close now, and a firming in the shareprice and volumes traded over the last few weeks, I personally believe that Sinosteel are accumulating at as low a price as they can, before they make a formal offer once the license is on the table. If they can have taken out as much free market shares before they make the offer, then they have less to pay for the rest. They are already committing to $155M for the EPC contract, so just buying out the company would be the best option for them. Russia will not object to thier communist comrades buying it out, and in true Russian style, a major part of the company is owned by people connected with the main Russian power base, so they will all get their pound of flesh out of the deal.I firmly believe that EUA will not see the end of the year in its present form, or at least not with Monchetundra within its' portfolio. I will keep my holding until the end game on this one, as I am sure it will be a profitable exercise.gltadkok
RNS re broker You will have seen all the RNSs about Beaufort going into administration, but did anyone else spot at the bottom of EUA's RNS about the financial PR agreement with Credit Suisse and discussions regarding project finance for the Russia operations? I don't remember seeing this before[link]
Re: quietly confident of 1p sp Tounced off that 0.57, but after the retrace the Sp held firm above our former bullish trigger line, at around 0.45p.
Re: quietly confident of 1p sp ...and the rise continues, neatly and nicely.Next bullish trigger comes at 0.57p.
2 Million Ounces of Palladium Once the licence is sorted, this will become a very popular share.
Re: quietly confident of 1p sp RomeoI only started buying fairly recently, starting at 0.55p and then picking up more when it went down. Bought another 6k yesterday at an average of around 0.44.
Re: quietly confident of 1p sp It shows up another 9.5% first hour next day, but then you see the spread is 12.5 %Not sure you can beat the city guys.