Eurasia Mining Share Discussion Threads

[excellance] 17/9/2019 21:21

I've been watching sxx fall for ages, and at 9p considered buying but decided against.

Phew.

They are totally in the grip of the banks and are therefore screwed.

It is an absolute priority for all businesses to avoid excessive borrowing and try to maintain access to cash.

An example could be Eurasia selling non core assets rather than borrow with your prize asset as collateral.

[ekuuleus] 17/9/2019 18:59

If I had a short account I'd have taken a small short position in SXX.

[driver101] 17/9/2019 18:00

Not a good day for SXX was hoping to get back in, not now.

[driver101] 17/9/2019 17:59

Block
I normanly do..

[block4gooner] 17/9/2019 17:55

Ignore me driverI checked by H&L account and I forgot about the 15 minute delay

[block4gooner] 17/9/2019 16:43

Still down on the day by 0.9%

[driver101] 17/9/2019 16:40

Nice finish?

[aidenabettin] 17/9/2019 15:57

hTTps://www.geologyforinvestors.com/gold-archean-greenstone-belts/

[aidenabettin] 17/9/2019 15:56

Its right on the eastern tip of the bushveld.Coincidence?

[russiaguru] 17/9/2019 15:55

ex - yes but EUA normally say that, 'no more.....', then a raise or dilution, they dont really have a CFO / Accountant

[aidenabettin] 17/9/2019 15:52

What does anyone know about the Giyani greenstone belt?.Could IGS have found what others missed?

[excellance] 17/9/2019 15:45

Didn't CS state that the ss cash should be more than enough?

[aidenabettin] 17/9/2019 15:45

Should have bought $BTC when i said BUY BUY BUY @ $3.3K.Now $10.1K

[pennstreet] 17/9/2019 15:44

Lol, Got to give it to you . Sold a little and want to get back? Actually wish I had the balls to trade these, could have made a fortune by now.

[russiaguru] 17/9/2019 15:40

well the share rising 30% recently is interesting off the back of the current news as expected.

rns is crazy maze of ifs and buts, bit like the nonsense over at i3e.

MT still there, don't like the idea of a SA miner getting aboard with no production or cashflow to support unless EUA is going to sell a percent to them to give some liquidity after first MT payment (cant expect EUA to keep costs under $26 million)

[aidenabettin] 17/9/2019 15:36

Actually a very good presentation.Lesego Platinum: A Futuristic Platinum Company Investor Presentation. hTTps://www.lesego.com/lesego-platinum-project.php

[book5] 17/9/2019 15:15

Exc
Agree with all you say

[aidenabettin] 17/9/2019 15:04

If by taking back full control can they then get rid of it without any 3rd party problems?

[cool hand kev] 17/9/2019 15:02

Not wanting to be a doubting Thomas But if the grades are that poor they will be running WK at a loss :-(

[willmac4671] 17/9/2019 14:50

"acquiring a washplant to commence and continue mining on a 100% of revenue basis is a significant development for the Company"

Lets see what they can do before the end of the season and then judge them?

GLA

[excellance] 17/9/2019 14:48

Yes, the tally of 55kg is appalling in my opinion, way short of reasonable, and "disruption" doesn't really explain adequately.

I'd like to know the reasons for Eurasia taking back full control, and whether it is our choice or theirs.

The outcome is that Eurasia now benefit from all revenues, but are also fully exposed to costs if there's a downturn.

Still trying to get a handle on DS "giving away" 25% of deloan to "motivate" our new boy.

Is this a shrewd move or a desperate one?

Yesterday's rns did a lot of name dropping, and caused a flurry of buying, but without really delivering anything of material interest other than the poor production to date.

Most of the other stuff is already known about.

Paddy, didn't CS say WK may come under direct ownership in Dublin last year? So even that was not unexpected.

[book5] 17/9/2019 14:34

Cud
Interesting
Thanks

[cudgietoo] 17/9/2019 13:44

From 24/01/2018 RNS:

US$350,000 in cash, invested directly at the project level by Mr Churakov, representing the purchase of a minority interest of 7% of Kosvinsky Kamen ('KK'), the Company owning the West Kytlim PGM and gold mining project

[sclper] 17/9/2019 13:30

Didn't 'new boy' Churakov buy $100k worth of EUA shares a couple of years back plus a 7% stake in West Kytlim?