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
  -0.02p -4.88% 0.39p 0.37p 0.41p 0.41p 0.38p 0.41p 7,126,493 11:27:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.2 -2.1 -0.1 - 8.68

Eurasia Mining Share Discussion Threads

Showing 29576 to 29600 of 29600 messages
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DateSubjectAuthorDiscuss
15/10/2018
18:04
Seems strange - everything in my portfolio is up today mainly due to increasing metals prices. But EAU is down but has the biggest upside potential. Trying to make sense of it.
charles clore
15/10/2018
17:32
So the question is, "is MT ever gonna happen?"
excellance
15/10/2018
17:29
There's only one item on the agenda and that's MT, the rest isn't really important and is a side issue.
excellance
15/10/2018
16:47
The trouble is, people are beginning to disbelieve their own agenda.
charles clore
15/10/2018
16:22
First time today, I'm aware you can sell reasonable amounts, but at a poor .375p.
davethechef
15/10/2018
16:20
Share price just drifting ahead of news. All the bluster has gone. We just all expect everything to happen too quickly, Cs himself said Wk update in a few days, took 2 months. Mt by christmas
russiaguru
15/10/2018
16:17
If milste worries, then we worry, lol
pennstreet
15/10/2018
16:11
The Russians won't confiscate this. Worst case is this is delayed for a few months.
excellance
15/10/2018
14:43
Smoggy Directors changed fees for shares At 0.73p!!! Why??? I suggest the know they will make money
book5
15/10/2018
14:42
Ah, Smoggy - I thought you were saying there were too many 0.34p shares around and this was holding back the price. What I was trying to point out is that those 0.34p shares have already been transformed to the next level by transferring to Optiva. The price paid by Optiva was almost certainly more than 0.34p. Further to this, they have been transferred to Optiva clients and I bet they added their commission on top of the price they paid. So I (edit) DONT think we need worry about those shares dragging down the price, as they will be sold at higher than this price level imho.
charles clore
15/10/2018
14:34
I am not psychic CC,who knows what Optiva clients will want? I am merely stating why the share price isn't rising.
smoggyg
15/10/2018
14:31
Smoggy - and what price do you think the current owners of the 0.34p shares would want for them, (bearing in mind they have been sold on for a profit to Optiva already)?
charles clore
15/10/2018
14:22
Exc We need to drum loudly the reason why we can’t lose money here Traders will focus on the risk free trade and share will go up. For this it would be helpful to add links to specific Russian law, and reference to exploration costs to date. Bingo!!
book5
15/10/2018
14:19
If the Russian Government was to take over MT, rather than grant a permit, then EUA would recover more than all of the exploration costs, including Anglo. I cannot remember the exact percentage, but it is something like 150% of the total costs. That said, there is no chance of the Russian Government doing that.
howdlep
15/10/2018
14:13
Book, Yes if its deemed as a strategic asset and the company as you say would be compensated for it equaling multiples of the current share price. But as suggested by the company on many occasions they expect to be awarded the mining licence. Even the local government is currently calculating the extent of the fees from production that EUA will have to pay over the initial years of MT. Sounds as if its going to production to me. :) Regards, Ed.
edgein
15/10/2018
14:09
I read somewhere about $60m but can’t find it At current MT stage, as Any precious metall deposit , the law would allow that MT is taken by Russia, this is the law, period. it does not depend on the size of the deposit 60 million , correspond to around 2.6 p per share !!!, so we can’t loose money her!!!!! Imho Money safer than in the bank But as I say is very unlikely Russia will take over MT
book5
15/10/2018
14:05
The problem here is too many 0.34p shares around.//////Eurasia Mining PLC 19 September 2018 Eurasia Mining plc (AIM: EUA) ("Eurasia" or the "Company") Settlement of loan facility, issue of equity and joint broker appointment Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producer is pleased to announce the final settlement of its remaining loan facility through the issue of equity, the appointment of Optiva Securities Limited ("Optiva") as joint broker, and the placing of the resulting shares with clients of Optiva. The Company received a conversion notice from YA II PN Ltd ('YA'), being the lender under the terms of a US$1.25m facility outlined in a previous market announcement dated, 14 December 2017, to convert the outstanding loan amount of USD $522,097.17, which is now due for repayment, into 117,917,182 new shares in the Company at a price of 0.34p per share (the "Conversion shares"). Accordingly, the Company has today issued 117,917,182 Ordinary Shares. An application will be made for the Conversion shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 25th September 2018.
smoggyg
15/10/2018
13:56
Book, From memory it was something like $60m spent on MT to date over many years. It takes quite a few holes and serious diamond core infill drilling to get two pits to 2mOz pd eqv. of 2C (Russian standard proven and probable). They've done additional expo to the two pits and have a good idea there's deeper resource potential. Its by no means the biggest PGM/Ni discovery in Russia so I cannot see it being deemed as strategic something already confirmed by EUA according to some posters. Russia and China are on excellent terms at present and I'm sure the Russians will want to see this infrastructure project to go to Sinosteel. Also EUA is significantly Russian owned and its not just DS with his 22% odd. I'm sure there are many other smaller Russian investors out there too. Regards, Ed.
edgein
15/10/2018
13:53
Not sure why people are getting worried about the timing of the MT licence - it was stated that they are confident of it landing by late summer. But it could take longer - doesn't necessarily mean there are issues to be resolved - just red tape!
pennstreet
15/10/2018
13:38
WK needs pt price much higher to make it risk free into a cash generator Last term WK made some profit bcs the grades were better than expected I expect Pt should recover another $100 , towards $950, by 2019 Patience
book5
15/10/2018
13:38
I never suggested that they would. It's just that in my experience of investing in small miners, prolonged and unexplained delays never end well. CC doesn't think it's delayed and I respect his opinion. If the company had been more forthcoming with information, I may have held onto my full holding. For now, I just don't trust these pesky Russians... GLA.
abrahe00
15/10/2018
13:28
Abrahe00 If MT is not signed but taken over by Russian government , then EUA will be compensated for some of the accrued exploration costs ; these will include Anglo American exploration costs. Please, Does anybody knows what is the total of the exploration costs? are they more than £16million?? For this reason, i believe that in any case we will make money , question is how much. It is very unlikely that Russian government will take over MT because they have never done this before
book5
15/10/2018
13:27
ab - you're right, only time will tell. I don't think the permit process is taking any longer than expected. I was hoping for a few weeks delay but am prepared to wait a few months as everything is in place as far as finance is concerned. Only in Russia, as they say!
charles clore
15/10/2018
13:16
Buyer 300k at 0.404, crazy considering spread. Instant 8% down
russiaguru
15/10/2018
13:08
The sale was more a case of balancing my portfolio than making a profit. I was too exposed on EUA given the uncertainty over the MT permit and the inordinate amount of time that it's taking. As to whether it was the right move or not, I guess time will tell...
abrahe00
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