Share Name Share Symbol Market Type Share ISIN Share Description
Eurasia Mining LSE:EUA London Ordinary Share GB0003230421 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.525p 0.50p 0.55p 0.525p 0.525p 0.525p 6,612,802 07:39:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.1 - 7.38

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Date Time Title Posts
26/9/201618:40Eurasia Mining - from explorer to producer of PGMs in 201110,732
07/1/201612:47EURASIA MINING - R.I.P.49
25/2/201507:20Eurasia Mining - Russian (PGM) exploration 20063,456
16/10/201409:22TipTV Discusses Eurasian Mining1
17/4/201322:07The EUA Love Thread22

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Eurasia Mining (EUA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
26/09/2016 16:15:180.53161,257859.50O
26/09/2016 15:23:560.53185,977994.05O
26/09/2016 14:40:230.5019,65298.26O
26/09/2016 13:44:150.53184,855988.05O
26/09/2016 13:42:550.53306,1641,636.45O
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Eurasia Mining (EUA) Top Chat Posts

Eurasia Mining Daily Update: Eurasia Mining is listed in the Mining sector of the London Stock Exchange with ticker EUA. The last closing price for Eurasia Mining was 0.53p.
Eurasia Mining has a 4 week average price of 0.59p and a 12 week average price of 0.57p.
The 1 year high share price is 0.83p while the 1 year low share price is currently 0.48p.
There are currently 1,404,954,237 shares in issue and the average daily traded volume is 2,638,829 shares. The market capitalisation of Eurasia Mining is £7,376,009.74.
mostyn: I think there is probably too much positive news due for many holders to let themselves get spooked now. Once the first news arrives, I think the market will pick up and loose holders will get the chance to move on without it hitting the share price.
charles clore: Every time i top up the share price drops. There must be a moral to that!
mostyn: If it was a forced sale the timing is unfortunate. The last time I spoke to the company they still expected to meet previous production guidance, and if this is the case the share price should start to look a lot better once we get further news. There should in fact be news on several fronts over the next couple of months.
mostyn: We're struggling because nobody knows for sure what is the status of production. The problem with Eurasia saying they are going to do something is that they have missed their deadlines so many times that the market doesn't believe them until they say they have done it. As a result, I for one have no idea whether they are in production or not. This isn't going to change until they say something. The end result for the share price is that unless the announcement has absolute clarity the potential for any price rise is devalued. If they are in production should the price really be so near to the bottom of its range. When they announced the receipt of the licence the price (adjusted for the number of shares then in issue) rose to 1.5p. Now 0.65p. This is because they haven't hit targets.
charles clore: I am very pleased to bewatching the price recovery. No news yet but am hoping that it will take the share price above a penny.
mostyn: Is there much logic in the current share price. Mid January 2016: Platinum price: around $820 per oz. Eurasia share in issue: 1,239,042,780 Share price: 0.50-0.55p Market cap: Approx £6.5 Million Expected time to production at WK: Approx 4-5 months Gold Tailing project: 2 months into due diligence. Early August 2016 Platinum price: around $1165 per oz ($345 more) Eurasia share in issue: 1,433,136,055 Share price: 0.55-0.65p Market cap: Approx £8.6 Million Expected time to production at WK: Approx 2 weeks Gold tailings project: 8+ months into due diligence (not far from completion) At both times there were ongoing discussions re: JV etc opportunities at Monchetundra which may happen one day.......... With the progress on the price of platinum, and with WK on the verge of production, and with no further immediate dilution, the market doesn't seem to have given EUA much credit so far. The big question is - when will this change.
mr woodentop: I generally agree EUA share price should benefit as a UK quoted company acting outside of the UK because of GBP depreciation but this has to be weighed against effect on demand for it's goods (if only we had some yet!)
mostyn: The problem here is that we are still very much under the radar as evidenced by the low trading volumes. In spite of the company stating on several occasions that they intend to be in production in the summer at West Kytlim, the market still isn't convinced so we haven't been re-rated yet. I have been watching Ariana Resources for the last 12 months and for a long time the share price stayed in the 0.80-1.00p range. Over the last couple of months the market has woken up to the fact that they will definitely be in production soon (as their JV partner is constructing the plant and providing the finance) and the share price has nearly doubled. It's not a straight comparison as Ariana is a gold project, but it does show what happens when the market believes revenue is close. This is still to happen at Eurasia. When it does happen we should get a decent move up as we are much closer to the bottom on the chart than we are to the top. The chart is also looking very good with a nice uptrend. Finance is the big news in my opinion, as finance means early production.
mostyn: The big question here, in terms of a rising share price, is whether we will be in production at West Kytlim his summer. Platinum is up over $200 from its low point, and the share price has hardly moved. We have had some drilling results from Monchetundra, that at least the company seemed to like and the share price has done nothing. We have had progress at the gold tailings project but this is unlikely to produce any revenue this year, although longer term this looks to be very good. During a recent conversation I was told it would take around 6 months to construct the plant although it would then be an all year round operation, unlike West Kytlim which can only operate May to October because of the weather. The gold tailings project has yet to affect the share price. While to a degree news on the tailings project and Monchetundra could give us an uplift I can't see it doing much in the short term unless it in some way involves revenue generation (perhaps via sale or JV at Monchetundra). This leaves two key drivers for the share price- news on financing generally to cover their two short term projects, and news that they will definitely be producing at West Kytlim this summer. If anyone is going to the investor show it would be good if they could get a sense of what is likely to happen here. The company are obviously not going to give any detail without an RNS, but sometimes clues can be given just by responses and body language. This looks good value but will look even better when we get some revenue.
howdlep: CJ, MTR sold the majority of their stake in KIBO at a 5x average price (7.5p), leaving them able to exercise warrants @ 3p. Excellent business on their behalf. Now with a West Kytlim licence, Kola investment and a Russian JV possibly, a EUA share price of 5x-10 is more than possible. I would be happy for MTR to realise similar average price gains and exercise EUA warrants at 1p or 1.5p (should the West Kytlim licence be announced first). EUA may be behind AMC in the licence process, but they have a tiny market cap and a much quicker route to production, something that will not be lost on the markets, particularly as they often look 6 months ahead. The time to be investing in EUA is now imo.
Eurasia Mining share price data is direct from the London Stock Exchange
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