I shall serve up a more detailed comment on the piss poor full year numbers from Eurasia Mining (EUA) later but it is worth flagging up for Cliff Weight, the laudable ShareSoc supremo, and others the matter of the paid for research published on Eurasia by ACF Research in February 2020.
It is now seven and a half months since the supposed purchaser of Eurasia Mining's (EUA) assets completed its due diligence. There is still no bid. Today, All Star Minerals (ASMO) - a penny stock of which I am no fan - shows how it is done. This is an easy lesson for the morons.
How long does it take? In 2021, the annual report came out on 4 June; this year, it will be later. Natch, Eurasia (EUA) has an excuse. Despite claiming sanctions had no effect, it now states:
How many times have I written to AIM Regulation about Eurasia Mining (EUA)? Here we go again...
It is now seven months and two days since the supposedly credible buyer of the assets of Eurasia Mining (EUA) completed its due diligence but still there has been no offer. How long can AIM allow this farce to continue? A proper bidder makes a bid and formalises it as soon as DD is done! Meanwhile perhaps we might get clarification on M&A head honcho Dmitry Suschov.
With yet another hat tip to reader J, I bring you evidence that, on Wednesday, Eurasia Mining (EUA) deceived investors with regard to its new “Independent” non-executive director. Proper companies simply do not behave in this way.
With a hat tip to reader J, here is another red flag. That is to say, Eurasia Mining (EUA) deceiving investors with the first RNS, after its utterly unexplained share suspension.
