Eurasia Mining Share Discussion Threads

[book5] 20/9/2019 13:31

I believe what is important is they get to know WK and tell the market what they expect based on facts

hard evidence is what the Russians authorities are after

Soon news have to come: authorities are waiting for reserves report, and us for reserve upgrade news

[book5] 20/9/2019 13:29

company has already given the reasons
We don’t believe them, do we?

[aidenabettin] 20/9/2019 13:13

hTTps://www.thehalvening.com/

[snowman100] 20/9/2019 12:48

At least if they tell us the date contractors packed up we could work out what sort of recoverable grade we are dealing with......surely it's no skin off their nose to tell us that......I don't get why all the secrecy all the time.

[book5] 20/9/2019 12:32

Penn
Well done, weather is wet , raining almost every day, some snow
Chillier than here

Ed
Are you after reasons?
I suspect weather - cold , rain- May have played a significant role. I couple of months back saw article relating the Atlantic Ocean and the weather in the urals but it was very theoretical, difficult and boring to read

[russiaguru] 20/9/2019 12:31

So they misled in the rns, always written by two people in different dimensions

[russiaguru] 20/9/2019 12:31

So they misled in the rns, always written by two people in different dimensions

[amont92051] 20/9/2019 12:28

PennPerhaps I should eat a hat :-)Who confirmed and how, if you dont mind.

[edgein] 20/9/2019 12:21

Penn,

They'll go for it now hammer and tongs wait and see. Mr Churakov putting his new strategy of sustainable growth in place. The only real question I want answered is when did the contractor down tools.

Regards,
Ed.

[pennstreet] 20/9/2019 12:09

Billy - just got it confirmed. We are currently mining on 100% revenue

[book5] 20/9/2019 10:58

Pd very hot
I think needs to jump upwards to encourage miners to produce more
$1790 soon

[abrahe00] 20/9/2019 10:34

the $460k is revenue, not profit. Last year they made a $1m loss on $3m revenue if memory serves me right.

[cool hand kev] 20/9/2019 10:31

driver101: Thanks but going forward we hey do.
So about £460k Profit for the season so far less expenses?

[aidenabettin] 20/9/2019 09:32

and a way around sanctions imo

[driver101] 20/9/2019 09:32

Cool Kev
Under the the old deal, you don’t need to know the mining cost EUA took 35% of the revenue.

[aidenabettin] 20/9/2019 09:31

Politics!!!!!!

[mostyn] 20/9/2019 09:29

CC,

"Podcast required please !!"

To increase the confusion and raise more questions???

[book5] 20/9/2019 09:29

Pd highest ever!! Even with worries in the markets, car sales going down
But consumption going up so deficit increases
Tight your belts my friends
Very cheap

[thebeastofbodmin] 20/9/2019 09:27

Mr Curakov's contacts are broad I would think the Russian companys he has past (and maybe present) association with would be taking an interest in the proceedings why would they pass it up for a SA company to move in on their patch?
As for EUA mining WK I agree EUA now have to finance the operation if they are actually going to mine (Lord help us)? So this all needs to be considered into the business model, so many questions?

[cool hand kev] 20/9/2019 09:13

£24,100 per Kilo x 55 x 35%

We don't have any breakdown of mining costs

[book5] 20/9/2019 09:12

Russianguru
Forget the pass
Focus in the future
How is your buying going

[book5] 20/9/2019 09:11

Am
Of course👌

[russiaguru] 20/9/2019 09:03

Presume they have the money to lease the diggers and trucks, deposits aside that will eat into their cash reserves with only 55kg produced.

Its all a bit of a mystery, what did ab do last year at Wk, weren't they planning ahead for a cracking year.

Maybe mr kov decided the results were too bad and thus terminated the contractor and forced a judgement day on site leading to a new model of mining.

[amont92051] 20/9/2019 08:56

My interpretation is that they have the team and equipment in place to ensure a successful end to 2019 and ensure smooth start to 2020 when they will take over completely and get 100%

[book5] 20/9/2019 08:55

Russianguru
Thanks for reminding us they can sell the license, but sorry they can sell Eua with the license