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Letter to AIM Regulation: surely Eurasia is bust and a statement is needed

By Tom Winnifrith, the Sheriff of AIM | Wednesday 21 August 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Eurasia Mining (EUA) shares remain suspended at 2.3p, a £66million market cap. The ostensible reason is that it cannot get its Annual Report for calendar 2023 signed off by the Auditors although it promises that will happen this month. The excuse for the delay, checking inventories, is as I explained here pure bullshit. The real reason is that, by its own admission, Eurasia must be bust by now and surely that merits a statement. I have written to the Oxymorons at AIM Regulation.
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