Eurasia Mining Share Discussion Threads

[driver101] 08/5/2019 11:02

EUA Still tweeting.

#EUA #Platinum #WesyKytlim
𝙋𝙡𝙖𝙩0414;𝙣Ҵ26;𝙢 𝘿𝙚𝙢𝙖0419;𝙙
◽️ Jewellery gives #Platinum biggest bang for marketing buck by far
◽️ Marketing could create demand for another 3.5m oz of platinum in China
◽️ Jewellery accounts for 30% platinum demand

[abrahe00] 08/5/2019 10:38

No? How about the Kulchiki resource estimates? It's been almost seven months since they were submitted to Uralnedra for approval. Without this EUA cannot commission any new washplants.

[cool hand kev] 08/5/2019 10:17

Ok No WK news

[book5] 08/5/2019 09:29

Positive Updates in every of our fronts would be welcome

[buzzarn] 08/5/2019 09:27

Sinosteel news - yes please. We need something positive to start the rerate.

[driver101] 08/5/2019 09:07

Cool

Sinosteel NEWS ???

[cool hand kev] 08/5/2019 09:03

There nothing new to say IMO

[buzzarn] 08/5/2019 08:53

I am pretty sure that last year they didn't rns when mining actually started as had previously rns'd that it was due to start soon. Maybe Alexei can tweet some new pictures of the washplant working.

[book5] 08/5/2019 07:33

No rns
Common eua
The spring is well here

[excellance] 07/5/2019 23:04

Nothing matching on 8, 9, 10 or 11 of April for a T20

[excellance] 07/5/2019 23:01

Could be..

[amont92051] 07/5/2019 20:41

The two 5 million trades look like a rollover to me, possibly the four 2.5 million as well but they are more disjointed

[willmac4671] 07/5/2019 20:01

Small top up for me set to go through first thing.

Here's to a good season ahead at WK!!

GLA

[excellance] 07/5/2019 19:11

Prices of 59 and 60 adding up to £30,000 each so not a bed n ISA.

Interesting!

[excellance] 07/5/2019 19:08

Worked orders maybe?

[driver101] 07/5/2019 18:54

Yes a bit of interesting trades going through today, news soon?

[book5] 07/5/2019 18:22

What are those big buy trades: 2.5 million, and two lots of 5 million?

[book5] 07/5/2019 18:11

Exc

I am not sure about 300 enough for all of that.
I hope Sinosteel realises part of the 50 million soon, that will 🚀 share

[chinese_takeaway] 07/5/2019 18:10

https://twitter.com/GoodnightCharl1/status/1125792575493943296?s=19

[book5] 07/5/2019 18:09

Somebody bought 2 lots of 5 million at around 4pm
Lovely to see

[excellance] 07/5/2019 18:08

My understanding is that we need to do the MT work and finance that months before we actually get paid, so the recent placing gives us cash to start that, and it also pays for a second wash plant (possibly operated by ourselves) which in turn delivers more revenue for the MT work.

Then we get paid $50m, and half of that is our equity contribution.

Let's hope it comes to pass, and why shouldn't it?

[book5] 07/5/2019 17:35

We need 3 washer plants (say 400 kg) so we don’t need to print another £1 million worth of shares till MT starts producing , may be helpful??

[excellance] 07/5/2019 17:29

I like to think that the sub contract with sinosteel for site prep would solve our problem, but then why do we need WK?

Of course it would be nice to have multiple projects all running concurrently.

Still not a fan of our uranium asset.
STP still very quiet.
New gold projects in East Russia are still to emerge.

I doubt Eurasia are likely to fall below the current level any time soon, so presumably it's time to add vigorously.

[charles clore] 07/5/2019 17:19

It would certainly not be in Sinosteel's interest to delay things any longer than necessary. A buyout would suit both parties.

[excellance] 07/5/2019 16:36

Back to Eurasia...

I think there's a strong possibility of WK news this week.

To be honest, although I know WK revenue may become vital for our ability to fund other developments I still see MT as the apple of my eye, the elephant in the room.

If MT finance goes well then we won't need WK revenues for funding, but if we do then we really need to pull our finger out.

The amount of cash we can generate may influence how much of MT we end up keeping, so maybe a slower MT build up would be much better for us, if it means we double WK this year and again next...

I'm still confident of the outcome, but uncertain of the timing.

Let's hope Sinosteel give us a break and help us along...