Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Actually the deadline to find a nomad is 29 May, but the situation is very worrying!!
kopf, have you tried to work with other shareholders to get LION to relist? Maybe you can attend the AGM?
kop, do you think LION will ever relist? Can you work with other shareholders to get the directors to relist the shares?
You-know, how do you know that we'll get paid?
The worry for PIs is that the company delists and sells all the assets. There would then be no need to relist because of the cash mountain from the asset sale.
If the company delists and sells the assets, will they then need to relist? There will be a huge cash mountain and no need to raise funds.
There are no short positions, according to the Short Positions tab on this board! I actually don't know how to short and think that I may not be alone in that.
Actually AP did not say 'tricky'. The word they used was 'complex', which has a different meaning!
https://twitter.com/invbluesky_/status/1244987069866409985/photo/1
This tweet about the flanks licence is interesting -
https://twitter.com/alex22657768/status/1246417736311492609
Trader a lot of people have sent the company emails, and have had a standard reply that has been posted by some on this BB.
If the directors are hoping that CITIC will buy a large minority stake they will want a high sp! That explains why they could want EUA to be suspended at about 7p. A large investment by CITIC could give EUA lots of money to develop MT.
CITIC bought a minority stake in Ivanhoe in a private placement of shares. https://www.ivanhoemines.com/site/assets/files/4034/2018-09-19-nr-rev_ivn.pdf
If the directors are hoping that CITIC will buy a large minority stake they will want a high sp! That could explain why they want EUA to be suspended at about 7p. CITIC have bought a minority stake in Ivanhoe in a private placement of shares. https://www.ivanhoemines.com/site/assets/files/4034/2018-09-19-nr-rev_ivn.pdf
The suspension RNS says that the reason was clarification of the relationship with CITIC, but lots of people seem to feel there may be some other motives for our suspension. We're all guessing and awaiting an RNS. NTTG, why do you think there will be a JV?
CITIC may try to buy a minority stake in EUA. They already have a minority stake in Ivanhoe.
The latest research is providing some helpful detail for investors. Thanks to all the posters providing this information. Proving the resource grades better at MT would help to sell the asset! Maybe there are no mining tool suppliers near to MT?
An RNS update on the long suspension is still needed...
HopeSo thank-you for posting the email. I wonder what the 'situation' is that the company want to resolve? Can that be just clarification of the relationship with CITIC? The phrase 'when the matter is final and complete' is also interesting. This suggests that there is more than a clarification that's needed. Do you think this email is meant to reassure the shareholders?
NTTG the suspension was a surprise that I did not expect.
You may be correct about that Ian_, but perhaps CITIC will be prepared to state that there is not a relationship?
I'll post any reply on the BB unless subject to an NDA..
There are email addresses on the contact page, and I may send CITIC an email.
I'm a shareholder but feel nervous about phoning CITIC! I may give it a try but I hope that someone else will..
LondonT, maybe a shareholder could contact CITIC and ask whether they are in a relationship with EUA? Of course CITIC might not want to comment.
The CITIC contact details are - https://www.citic.com/en/media_center/media_contact/