Eurasia Mining Share Discussion Threads

[charles clore] 24/9/2019 13:54

All will be revealed but, as usual, patience is required.

[aidenabettin] 24/9/2019 13:41

hTTps://www.lesego.com/

[aidenabettin] 24/9/2019 13:40

Lesego Platinum has enviable PGM resources containing significant copper and nickel. With around 50 Moz at an impressive grade of over 5.5 g/t, together with an orebody starting a mere 350 m below natural ground level, it is planned to develop a low cost, long life, safe and sustainable operation

[willmac4671] 24/9/2019 13:40

The most interesting part of it, to me personally, is this bit ( From the lesego website ) - The development strategy for Lesego entails the creation of a vertically integrated platinum company; including state-of-the-art sustainable mining and processing together with downstream manufacture of fuel cells, jewelry and investment pieces.

GLA

[willmac4671] 24/9/2019 13:35

There is also nickel at lesego, could sinosteel have a slight interest in the nickel there?

GLA

[willmac4671] 24/9/2019 13:29

Mostyn, i also don't see the point in a JV with lesego either. I can only assume that Mr. Dmitry Suschov has invested there via DELOAN INVESTMENTS LIMITED, and so could possibly want things under one umbrella?

GLA

[aidenabettin] 24/9/2019 13:24

Only EUA can answer those questions and all that posters can do is speculate until some amount of clarity is given which EUA are not renowned for.

[mostyn] 24/9/2019 13:13

Regardless of all the theories and speculation on here one thing seems to be clear, the market either doesn't understand, or doesn't like, the implications of the recent update and particularly any tie up with Lesego. I find it hard to see the potential benefit to shareholders from a JV with a company that looks to be further from production than Eurasia and moreover doesn't have the benefit of a currently producing operation (West Kytlim). A JV with Lesego may well not feed through into any potential multiplier in the value of the whole operation, and would seem to inhibit any other approach. Would a potential JV at this stage take account of the potential value of the flanks both at West Kytlim and Monchetundra.

It would seem the market can't see the logic of this potential tie up either. I'm not sure that complicated partial ownership of different projects is the best way to obtain value for all shareholders.

[aidenabettin] 24/9/2019 13:09

I post here BIDS,ARB,TSI and BLCC

[aidenabettin] 24/9/2019 13:08

Its fairly obvious my reason to follow here was to see what CS was up to as a BNR/TSI shareholder.Ive nothing personal against CS,EUA or Russia but thats not to say i agree with everything they do..I said last year that i didnt see this going anywhere as facts became available and the amount of non stop ramping..CS has now moved out of TSI to an investee company KKME in Botswana and i expect to see a firm link to Lesego come to the fore as part of a swap deal.All just my personal opinion on a BB that is predominantly (99.9%) pro EUA

[ekuuleus] 24/9/2019 12:27

Hope you didn't work on that one for too long

[aidenabettin] 24/9/2019 12:10

It now makes sense why the BVI holding company was liquidated by Moscow.Just too many RED flags !!!!!!!

[book5] 24/9/2019 12:09

Sinosteel , I don’t believe they are involve in other PGM+au project

[willmac4671] 24/9/2019 12:07

They provide financing, engineering, trade & logistics etc. Kind of a one stop shop.

GLA

[aidenabettin] 24/9/2019 12:03

So why did the Russians walk out of Botswana where a massive nickel discovery is about to be announced?.Full scale swap in action imo

[willmac4671] 24/9/2019 12:01

There will be an off take agreement in it all somewhere. They will most definitely be interested in the nickel at MT.

GLA

[cool hand kev] 24/9/2019 11:51

www.sinosteel.in

hxxp://en.sinosteel.com/

hxxp://en.sinosteel.com/col/col308/index.html

I think they do more

[book5] 24/9/2019 11:24

Sinosteel is a plant builder, isn’t it?

[cool hand kev] 24/9/2019 11:13

I would have thought that EUA have Sinosteel as advisors
if the want a cut of the MT resources

[ekuuleus] 24/9/2019 10:46

charles re the rumour, not very, in part for the reason I said regarding dilution. If anything were to come of it, then it was a mechanism to take the wealth of EUA off the rest of the investors for the people with money.

[book5] 24/9/2019 10:38

All
Re MT
Eua is responsible to invest LOTS and Lots of money and they need to get it right
Vertigo I call it, have you experienced it? Not knowing, learning about it...
So patience
They need to choose a process of extraction that is the best for our resources,for this Eua needs to identify the options , no mistakes allowed, too much money
Then they need to built the plant to fit the process
Patience
They are consulting Australians, South Africans and I am sure whoever can be found in google and is relevant for our needs.
Insiders are here for a reason to accumulate more shares
Don’t get fooled, they want your shares
Eku , I feel when you sell / reduce your massive risk you will be calmer

I admit WK looks poor till proved otherwise

[charles clore] 24/9/2019 10:26

Ek - how seriously do you take this rumour?

[ekuuleus] 24/9/2019 10:23

just rumor due to DS transfering share to our new recruit for 'motivation'.