Eurasia Mining Share Discussion Threads

[cool hand kev] 26/9/2019 08:35

Can anyone estimate what the approximate time scale is for the flanks application, approval based on previous applications ?

[russiaguru] 26/9/2019 08:27

well at least they still have some 8 months until next WK season to finish the drilling and get the approval sorted for two washplants.

[desertrat2] 26/9/2019 08:25

i understand that sentiment mostyn as a holder for more than a decade but if you look at the big picture we are making progress even if it does feel rather glacial WK is up and running and the flanks applications are in. Patience is the key here as i feel that even if we dont get the sort of Share price some have been postulating we are not going to lose the lot either !
PS thanks to all the regular contributors here who have kept the interest and knowledge going over the arid years !

[pennstreet] 26/9/2019 08:15

Rome wasn't built in a day!

[mostyn] 26/9/2019 08:14

Tomorrow, and tomorrow, and tomorrow.......

[excellance] 26/9/2019 08:10

I'm happy with progress to date.

Next year rodders

[russiaguru] 26/9/2019 08:09

where did that 643,872 come from

[willmac4671] 26/9/2019 08:07

Nice one letmepass.

You can also find it here -


GLA

[buzzarn] 26/9/2019 07:56

True. It just means less profit at WK assuming they will be paying it off at the end of this year.

[letmepass] 26/9/2019 07:49

https://twitter.com/DDS_DocHoliday/status/1177110858750681090?s=19

[sclper] 26/9/2019 07:41

Buzzarn - the loan is only £48,330

[sclper] 26/9/2019 07:39

The Monchetundra flanks areas sound very exciting and could hold a huge amount of additional resources.

The interim results were pretty much as I expected. It's worth noting why WK has been a bit slow:
"The 2019 mining season commenced later than 2018 season, due to weather restrictions and additions made to the processing circuit aimed at achieving better recoveries and more consistent throughput, which held up the start of production by several weeks. The modifications were implemented successfully, however, as a result, the majority of 2019 revenues fall in the second half of 2019."

Anyway, I'm very happy EUA owns the production plant and is now receiving 100% of the revenue. This will make a big difference now commodity prices are significantly higher, especially with a weak GBP.

[buzzarn] 26/9/2019 07:37

We need winter to hold back as much as possible to get us up past the 100kg at WK. Also I notice a loan is repayable by the end of the year.Hopefully EPC payment will happen soon and that mining ground work will start at MT in the next few months

[book5] 26/9/2019 07:32

Great we have around 300k cash
Confident financial statement
Looking forward for more WK reserve news

A big thank you to EUA directors, geotechnical team, rest of employees and subcontractors .

Roll on

[aidenabettin] 26/9/2019 07:10

The EPCF also includes a sub-contract to be awarded to Eurasia's subsidiary Terskaya Mining Kompany, to cover initial development work at the Loipishnune open pit. This sub-contract, in the amount of US$50m may be drawn down on award of the mining permit.

[cudgietoo] 26/9/2019 00:39

"Light blue touch paper and retire immediately"

The next two weeks should show which way our rocket is pointing

[pennstreet] 25/9/2019 16:04

Yes - I hope it's a big day tomorrow

[book5] 25/9/2019 15:46

Thursday tomorrow
Big day I hope

[charles clore] 25/9/2019 14:53

It will bob about until the next news - and then...

[book5] 25/9/2019 14:45

Let them sell

[pennstreet] 25/9/2019 13:53

And the selling continues ..

[book5] 25/9/2019 13:25

3 working days more to end of month
So, rns in the next 3 days
With MT and WK news
Then share price above 0.8p
Eua needs warrants converted

[pennstreet] 25/9/2019 13:21

Ek - off course they do! If not the company would have told us ad they are legally bound to do so.