Eurasia Mining Share Discussion Threads

[snowman100] 26/9/2019 17:51

'Must be a huge sell waiting in the wings?' ...agree......loads more buys than sells showing........SP should have shot up a few notches.......not 8.42% down.

Bizarre movement on those two RNS's !

It will soon rocket.

[snowman100] 26/9/2019 17:36

From the first RNS (Flanks) this morning look at these phenominal grades!

'Further potential resources exist in the on strike continuation of the mineralisation at Loipishnune as it extends into the area between Loipishnune and West Nittis, beyond the current mining license, in fact several early 'discovery holes' drilled by Eurasia in 2006 occur in this area, and contain intervals of 8.4 g/t (Pt+Pd) over 3.6m'

They are insane grades !!!

Montechundra could be priceless !!!!!

[excellance] 26/9/2019 17:33

That's about £15k

[excellance] 26/9/2019 17:29

"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"

On 3 February 2017 the Group entered into unsecured loan facility to borrow up to 57 million Russian Rubbles (RR) at 14% per annum, from Region Metal, the then subcontractor and West Kytlim mine operator. The Group had drawn RR 4.18 million and repaid RR0.3 million in 2017. As the subcontractor's arrangements had been discontinued the Group has no intention to utilise any more funds from this facility.
The loan maturity date is 31 December 2019

[charles clore] 26/9/2019 17:15

snowy - yes I believe they will suspend trading when that Sinosteel payment is announced because that will give authenticity to the deal - but not before that.

In the current market will the price make a higher low? I suspect so.

[excellance] 26/9/2019 17:08

A handful of small trades and the share price drops to 0.425p.

[cyberbub] 26/9/2019 16:23

The 2x 1M are clearly a rollover. The latest 2 trade of approx 1M at 0.45p marked as buys are clearly sells. The real spread is 0.45-0.46, very narrow, which is quite encouraging IMO

[book5] 26/9/2019 16:15

Penn
May be There is a big sell order going through?

[book5] 26/9/2019 16:14

Regretting spaghetti
Lol

[pennstreet] 26/9/2019 16:01

So with all the buys why is it still 8% down??

[charles clore] 26/9/2019 15:24

Patience mostyn. Brexit will happen as it's inevitable. How long do you think MT can continue to go unrecognised? WK is a sideline for a bit of loose change by comparison.

[mostyn] 26/9/2019 15:03

Another puff piece, with a positive spin.

On the part about inflection points, why do they need a "partner" if Monchetundra is fully financed.

How do we know "Benefits of moves to 100% operatorship of West Kytlim start to show through."

Positivity is good if there is something to back it up. Eurasia are still very shy about giving shareholders any detailed information about the operation at West Kytlim, so it's impossible to say whether or not that comment is all hot air.

The implication of recent PR pieces is that everything is going well, but the company haven't really given shareholders sufficient detailed information to judge whether that is the case.

Unfortunately their PR pieces are having the same effect on me as watching Brexit debates - raising my level of frustration.

[thebeastofbodmin] 26/9/2019 14:51

Had another wee nibble.

[pennstreet] 26/9/2019 14:40

httxs://www.proactiveinvestors.co.uk/companies/news/213971/eurasia-mining-beginning-to-build-scale-in-platinum-group-metals-portfolio-helped-by-track-record-of-competence-in-russia-213971.html

[pennstreet] 26/9/2019 14:40

Nice and concise article...
[...]

[pennstreet] 26/9/2019 14:21

Must be a huge sell waiting in the wings?

[cool hand kev] 26/9/2019 14:05

More Buys than sells and that's not including the 1M Rollover Trades
MM shaking a few impatient holders and traders Out

[excellance] 26/9/2019 13:30

Luncroft holdings were given it.

[ekuuleus] 26/9/2019 11:55

who owns the other 20%

[aidenabettin] 26/9/2019 11:33

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..So EUA are not getting the money its the subsidiary TMK

[charles clore] 26/9/2019 11:17

bobby - that cannot be denied but people have to be prepared to buy their shares and stick them away in the bottom drawer for another year. The catalyst for humungous begins with the first payment from Sinosteel. That could be anytime but the company is being sparing with information as to how, what and when. I think a lot of people who are sitting on the fence hedging their bets could get left behind when the news comes.

[aidenabettin] 26/9/2019 11:15

Bear raid is the new term for swap .Major swapping between Africa/China and Russia/China imo.Will they keep EUA to filter money through london?

[aidenabettin] 26/9/2019 11:13

You dont!!!!!