Eurasia Mining Share Discussion Threads

[driver101] 07/6/2019 13:14

Expensive bucket.

[russiaguru] 07/6/2019 13:01

Story here is still too vague for most pi's.

And only producing one bucket a week of pgm's.

[cool hand kev] 07/6/2019 12:53

I'm changing my investment strategy to BUY low SELL High (Hopefully)
And I think that you will find that those 49ers are Actually BUYS

[charles clore] 07/6/2019 12:44

Bargains like this are often least taken advantage of while the price is low. People would rather wait for the price to rise before buying. It's as if they don't believe the broker notes and company RNS's.

[excellance] 07/6/2019 12:33

Why? Cos intraday low is 49?

Buy just a couple of million and that price will sharp be gone.

Why buy at 49?

Cos it's cheapest chips in town, the story hasn't changed, and in a year or so it'll be multiples of this...

[driver101] 07/6/2019 11:57

They can average down like the rest of us.

[russiaguru] 07/6/2019 11:20

not sure Optiva's clients are going to be happy.

[charles clore] 06/6/2019 19:53

Sorry mostyn yes 0.45

[block4gooner] 06/6/2019 15:31

Time scale m8?

[mostyn] 06/6/2019 14:02

I assume you mean 0.45p.

[charles clore] 06/6/2019 13:00

I can see myself topping up again at 4.5p at this rate.

[ekuuleus] 06/6/2019 12:47

cant get a quote to sell at the moment.

[cool hand kev] 06/6/2019 11:32

I'll top slice at 5p
It may take 3 years to get there (10 bag) but better than a 1.5% cash ISA

[book5] 06/6/2019 11:30

$ 200 million sales per year very probable (mainly mt and s bit wk)
$90 per year our share
In 2 years of full production we pay back loan
So, after max 5 years we have net profit around 90-5(costs) =85 profit before tax
After tax and in £ more than 50 million
So for around 10 years return equity 2p per share
Ie 20 p during life of mine

Current discount (8% compound interest) present value above 5p, probably around 9p (according my calcs)

Patience

[driver101] 06/6/2019 11:18

Dave

Holding for WK to double or treble production. Holding for MT, Holding for 140k Oz pa, holding for a predicted $200m revenue pa.
Holding for 6-10p share price and a divvy of .5p

10p = £285m M/Cap cheap at that price.

[davidspringbank] 06/6/2019 11:05

If MT is a "company maker", what share price will that be equivalent to? Anyone?

[block4gooner] 06/6/2019 10:44

I could sell(at a loss) and have a good holiday but I'm holding so I can retire.You can give a man a fish....

[book5] 06/6/2019 10:20

People on borrowed money selling

[cool hand kev] 06/6/2019 10:13

Perhaps they are releasing some holiday money?

[milste1] 06/6/2019 09:41

PennStreet - because they can...

(-;

I have no reason to sell...

[pennstreet] 06/6/2019 09:32

Keep dreaming Abe

[abrahe00] 06/6/2019 09:31

Because they think this will go lower tomorrow! Duh...

[pennstreet] 06/6/2019 09:18

milste1 - why on earth are people selling below 0.5p ????

[willmac4671] 06/6/2019 07:52

If there's cobalt and nickel then it will attract investors from the EV space at some point. They need a legitimate source for cobalt at the minute due to current work ethic problems in congo -


GLA