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EUA Eurasia Mining Plc

2.305
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Eurasia Mining Investors - EUA

Eurasia Mining Investors - EUA

Share Name Share Symbol Market Stock Type
Eurasia Mining Plc EUA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.305 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.305 2.305
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 03/7/2024 19:45 by jaknife
firestorm911,

"No one was here when the 300-man crew were pumping."

I was. I remember getting it in the neck regularly for pointing out what a pile of poo EUA was and that the supposed sale process was a scam that the company had done before, in order to spike the share price and raise funds.

Those were the days when the financial PR firms were being paid to drive the boards into a frenzy, gmf78 with his bonkers Power of 78, Richard Donkey Dugdale, that moron Paul who threatened to get his sister to kill me, etc, etc, etc

The sad thing is that, even now, there's a whole army of donks that think that Eurasia's assets are worth more than zero. Some stubbornly hang onto the original ACF Research report that suckered them into believing that the "assets" were going to be sold for more than £1bn! That's despite:

* ACF forecasting revenues of £341m for 2021 but actual revenues being just £2.3m!
* The company placing to raise funds three times instead of selling its assets
* All $45m of the placing money raised having "disappeared"
* Dmitry Suschov having done a runner years ago and erasing Eurasia from his LinkedIn profile
* The M&A specialist (Alexei Churakov) doing a runner and dumping all of his shares (at 29p)
* Due Diligence by the “credible buyer” having been completed over 2.5 years ago in October 2021
* etc, etc, etc

There is a well known investment saying by Mark Twain, which goes:

“It's easier to fool people than to convince them that they have been fooled.”

^^ This so aptly describes EUA investors.

JakNife
Posted at 01/7/2024 09:27 by daveboy19
bspgamer1 Jul '24 - 08:16 - 16494 of 16496
0 3 0
We believe you bellend lol.

They really are so FOS. Massively underwater (80%) on another masterpiece HELD and yet goes around tormenting other investors bb's. Really quite pitiful.
Posted at 27/6/2024 16:07 by n95
Should be a sell off tomorrow as traders and short term investors won't want their cash tied up for a month in this.
Posted at 14/6/2024 09:38 by jaknife
seagreen,

”On balance I prefer the official professionally trained WAI technical assesments of all of the companies assets ...the subsequent financings that were based on their assesments and NPV estimates and the subsequent interest in the projects.

I point to the considerable ongoing buying pressure of blocks of shares maybe everyone is wrong and you are right but I would not expect a positive comment on any share from one of Share Profits coleagues, least of all one I had even a tiny little investment in.

Time will tell.”

Given time you will learn that you need to actually use your own brain rather than mindlessly accept the drivel that a company dollops out in your lap.

But since we have become such good friends in recent times let me help you out.

1. Mineral Resources for Horizonte Minerals Araguaia Nickel Project

The details can be read here:

Specific points to highlight:

* “The initial 28 year mine life of the FS design generates free cash flows after taxation of US$1.6 billion, returning an IRR of over 20% on an initial capital cost of $US443 million, with predicted sufficient Mineral Resources to extend the mine life well beyond the 28 year period or to increase capacity.”

* “Mineral Resource estimates for the nickel laterite deposits under consideration for the FS are shown in the table below. The Measured Mineral Resource estimated at a cut-off grade of 0.90% Ni, is 18 Mt at a grade of 1.44% Ni. The Indicated Mineral Resource is 101 Mt at a grade of 1.25% Ni. This gives a combined Mineral Resource of 119 Mt at a grade of 1.27% Ni for Measured and Indicated Mineral Resources at a cut-off grade of 0.90% Ni (inclusive of Mineral Reserves).” [my bold]

And of course “cut-off grade” means: “the minimum grade required in order for a mineral or metal to be economically mined (or processed). Material found to be above this grade is considered to be ore, while material below this grade is considered to be waste. ” [my bold]

From:

2. Mineral Resource for NKT



Specific points to highlight:

* “Ni 0.28%”


We both know what has happened to Horizonte Minerals and Araguaia. The read across for Eurasia's NKT mine, with its 0.28% "waste" grade of Nickel, are plainly obvious to see.


It's not difficult really but as my favourite cowboy would say:

“You can lead a horse to water, but you can't make them drink”.

Whilst my favourite author would say of Boatman123:

“It's easier to fool people than to convince them that they have been fooled.”


JakNife
Posted at 10/6/2024 16:25 by book5
IMHO, the company has been misleading investors for years

from 7p to 2 p in a mater of 90 minutes

What can you expect? Tears and a heart attack.
Posted at 09/6/2024 10:39 by steveberyl
All Negheads have been extremely busy Bad Mouthing EUA Investors.

Latest wheeze, "Russia will not allow any Money to be paid to an outside company like EUA"

Being Negheads, Intelligence is similar to a Jellyfish, that have no Brain.
The likely Purchaser is 99% certain to be a BRICS Community Economy, probably China who are buying up the Worlds RAW Materials at pace, OIL for instance. China have just paid an outlandish figure to IRAQ for black gold, in DOLLARS.
Therein may lay the reason for the rise in EUA Interest; Dollars are like buttons in the BRIC Economy, `WORTHLESS BUTTONS` make no mistake if the West continue down this road to `NET ZERO` Destruction, the Western Economies will suffer Huge depression and the DOLLAR will be devalued accordingly. Whoever buys or indeed, IF ANYONE BUYS EUA, it will be bought and paid for in, DOLLARS, HUGE AMOUNTS OF DOLLARS, that payment would be Straight into EUA Account in UK, Less any taxes or expenses imposed by RUSSIA. EUA BOD are not stupid.

The rush by CHINA to buy up all available Raw Materials has been going on now for last 3 years, EUA could well be the next target.

China now own Massive fields of Lithium, Huge areas of proven OIL RESERVES, Huge Coal projects for their Steel manufacturers, it makes sense that a purchase of EUA Assets would follow. IMHO.

Just Google Chinese holdings of USA Debt & Dollars $859 Bn. China has been Paring this from what was, $1.5 Trillion in 2023. China do not seem to mind paying well over the odds in order to get rid of USA Dollars in exchange for Worlds Raw Materials in Anything. Market Control.
Posted at 07/6/2024 07:25 by wj12
All the chief rampers are back on LSE, Tilly and Mac. Out to catch another load of gullible investors with talk of 30p a share.
Posted at 08/1/2024 09:01 by heatseek77
Ouch

If remember rightly? Bank of America also bought a few £m @26.5p

1 September 2021
Share Price Movement and Progress Update

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company notes the movement in the Company's share price yesterday and notes that the share price remains below the 26.5p price at which the $20m private placement, assisted by H.C. Wainwright, with US professional institutional investors was completed on 26 May 2021
Posted at 13/12/2023 14:58 by petersmith6
So the larger investors will wake up sometime tomorrow ish and off we go...slowly
Posted at 08/12/2023 01:04 by jaknife
excellance,

"It's not looking good, and all thanks to the ridiculous sanctions as NATO numpties threw their toys out of the pram when Putin once again thwarted their globalist plans."

It's nothing to do with sanctions and nothing to do with NATO, it's 100% to do with Eurasia ripping off retail shareholders with a fake takeover scam.

But ... but ... but the Ukraine war you irrelevantly warble!

The Russian invasion of Ukraine started in Feb 2022, well after Eurasia's directors had paid ACF Equity research to put out the most corrupt research report of all time that had the title "Does Monchetundra make EUA a £1bn+ play?" (dated 3 February 2020). Eurasia's director paid ACF to put out outrageously scandalous forecasts with the aim of sucking in retail investors to buy buy buy buy buy!

ACF told investors that in 2021 EUA would have revenue of £341.2 million and a profit after tax of £164.1million!!!

The actual revenue was just £2.3 million and a loss after tax of £3.1 million.

see:

No was the answer, Monchetundra did not make EUA a £1bn+ play. However, it made for a great story to sell to retail.

And on the back of that story Eurasia raised $45m of fresh equity in three separate placings ... and now all of that money has "disappeared".

There's no point blaming sanctions and NATO, the only people to blame are your directors, ACF Equity Research and yourself for falling for being so gullible to fall for the story to begin with!

JakNife

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