Eurasia Mining Share Discussion Threads

[excellance] 08/10/2019 11:58

Well, that's why we are listed on the market, to raise capital.

Still 46.5 to buy

[charles clore] 08/10/2019 11:56

Don't suppose the company cares much about market valuation when they have no more need to raise funds.

[cool hand kev] 08/10/2019 11:50

At the moment it's undervalued because people don't know what it's true value is
and not until we get clarification it will stay on the whoops shelve

[abrahe00] 08/10/2019 11:48

It's NOT undervalued! That's why...

[charles clore] 08/10/2019 11:24

When you see a price reduction in the supermarket or in a department store and people rush to buy the bargain. You see something that is obviously undervalued in the stock market and nobody buys it. Explain that to me please if you can.

[book5] 08/10/2019 10:02

People getting bored and moving away

Worrying thing is insiders are not jumping to buy

Angloamerican should know pretty well the deposit , clearly is not an easy cake, so they are not buying

I will not be buying more of these till good news come

Gla

[excellance] 08/10/2019 09:58

2.5m at 0.40p

I think they've been working that deal for a week or two, and there could be more.

That's the problem with buying volume, it's hard to dispose of without taking a hit.

It does however throw up opportunity for others.

[pennstreet] 08/10/2019 09:47

Ouch - someone knows something we don't, or desperate for cash!! Hope the latter

[charles clore] 08/10/2019 08:52

We know this is nothing to do with EUA otherwise there would have been an RNS.

[fillupmaz] 08/10/2019 08:14

If you can't read the articles (subscription needed), the headline says it all.

[fillupmaz] 08/10/2019 08:12

Old articles from last year but just a reminder how motivated and well funded Norilsk Nickel are to increase production and grow in size over the coming years.



I wonder how closely they have been watching MT evolve?

[excellance] 08/10/2019 08:00

Nice CPR at ALTN this morning.

[cudgietoo] 08/10/2019 00:54

SS did 24 months of due diligence prior to that deal being announced ..
We have jumped through hoops and got the mining license since then

Detailed applications were submitted mid/late September

Sit back and chill, and pray!

[book5] 07/10/2019 18:46

First All depends on MT value, do we have value? If Sinosteel suspects we have value, then the 36 months will be extended . Why should not it be extended if they can make money and cost then nothing to wait?

Second if we have a substantial commercial value , then Why is the market valuing us at zero?

All must be perfectly logical , still I don’t fully understand it, May be market is super cautious or may be they know more than us

Soon we will know what the authorities say, worrying a bit now, but their judgment is necessary to get the paperwork, then if authorities give their ok We should start the drawdown of funds and commencement of the EPC at MT. Then the market will not be able to ignore MT

GLA

Tense weeks ahead

[cyberbub] 07/10/2019 17:40

I think someone with CS's ear (not me) should drop him a line and specifically ask about the 36-month deadline? That would be very helpful.

[excellance] 07/10/2019 17:38

I think when the three year deadline passes CS will have to update us to the revised schedule and extention.

[excellance] 07/10/2019 17:35

I think it is clear. It says we'll be doing our bit for 6 to 12 months, which is spring through to autumn 2020.

Presumably that means we won't get paid until Sept 2020 and actual mine development won't start until late summer next year.

Not sure if both parties, Eurasia and Sinosteel, can work in tandem or if they need us to complete our work before they can start.

[charles clore] 07/10/2019 16:31

I wish they would write these RNSs in plain English instead of making us guess what they mean

[drh3] 07/10/2019 15:16

So, should be a big week ahead? It's 36 months this week since the sino steel agreement.....

[book5] 07/10/2019 13:13

Sorry
I meant driver
I am following it

[driver101] 07/10/2019 12:18

book
Prem's motoring getting some of my investment back.

[book5] 07/10/2019 12:16

Cyber
Prem upwards
Well done