Is it a large debt/bond issue?
What interest do they pay?
They must be quite leveraged, with a market cap of under 40 billion GBP if they issue that amont of debt yearly.
Is it a large debt/bond issue?
What interest do they pay?
They must be quite leveraged, with a market cap of under 40 billion GBP if they issue that amont of debt yearly.
Strict quarantine but no Russian travel ban at that particular point, you would hope a 2 week stay in a hotel on return wouldnāt delay a billion dollar deal.
I thought that too when I first read it. Iām reading now that itās not always the full $15B issued and itās hard to find out how much exactly was bought up in previous years. Hereās the RNS:
Just reading the offering circular and the terms of the debt will vary depending on what is agreed with each purchaser - could be fixed/floating rates.
Another positive rns, would expect this to pop higher tomorrow.
Wonder if they will sell everything or hold onto some of the assets and give a nice dividend instead?
Not THE rns we are all waiting for but a great one nevertheless by the looks of it. Monday should be interesting
104Moz Platinum Equivalent
Thatās just insane, confusing to the FSP, but insane!
Does this JV mean that thereāll be no FSP?
Not familiar with how itāll work.
It isnāt part of it yet and shouldnāt mean it wonāt go ahead, although it could be included in the final deal or kept if the company only sells part of its assets.
In the RNS they mention:
āFurthermore, we look forward to working with Rosgeo, a global company with renowned proficient technical capabilities and the best partner we could have in Russia, as we are making progress on the strategic options available to the Company.ā
Thanks Jimmy.
Just think itās unusual to go into a JV when in the process of a FSP.
Again, not experienced in this, so maybe it is a very normal thing.
Well EUA likes surprising us with updates no-one saw coming
Eurasia Japan has been set up and will be run by the new NED. An unnamed Japanese company with $21B Revenue interested in JV over new assets.
EGM on 28th April to approve a rights issue.
FSP progressing.
Hookedinvestingās post summarises the main points , nonetheless here is the the link in case anyone is interested:
The catalyst for future share price appreciation?
Almost 10 months of sale processā¦
The sell off today in the rns by anders was apparently to fund a house he is buying, heās still got a big holding (according to them lse forum)
One of the strangest stocks Iāve seen, constant good news yet its dips every time they get good news. Hopefully sale comes through sooner than later now
Interesting RNS, Iām reading that it means they arenāt being taken over so not selling the whole company, but they are going to sell the assets instead (and we get a nice dividend)?
Good RNS in my view but no idea how the market is going to react tomorrow morning
Iām guessing weāll have more news soon, but if I was to guess Iād say MT, WK & Rosgeo assets to be sold leaving only a few small licences/interests.
Look like partial sale of assets, a special dividend and crack on with the JV. Sale of assets will finance the operational cost of the JV. So I fully expect a dividend and keep my shares. Win all round
A special dividend Ā£1+ for MT & WK and continuing the Rosgeo JV would be the perfect outcome for me.
I donāt see why anyone paying the equivalent of 1 pound a share for the resources when they probably could buy the whole company for less!