Eurasia Mining Share Discussion Threads

[charles clore] 16/10/2019 20:31

It would be great if there were a couple of small charts in the header. I'm talking about Pd and Pt ex, any chance please?

[snowman100] 16/10/2019 17:50

Thanks book.

However, I hope MT is better than you imagine!

[book5] 16/10/2019 16:33

Snowman

Marginal deposits: deposits where palladium is not profitable to be mined (at previous prices)

As metal price goes up, some of these deposits will become commercially viable.

I believe MT is not an excellent deposit but in the other hand it can’t be ignored. I hope as Pd goes up, any difficulty ( technical, financial, permits...) will get resolved

[snowman100] 16/10/2019 16:03

Busted $1780 now !!

[snowman100] 16/10/2019 15:39

Book....'1770 is what will hel marginal deposits to come into production'

What do you mean book?

Give me a short idiots guide?

[book5] 16/10/2019 15:29

1770 is what will hel marginal deposits to come into production
Here we go towards 2000
Big increases coming

[driver101] 16/10/2019 15:22

PRICE
PALLADIUM
COMMODITY
1,780.07 USD + 44.07 (2.54%)

[pennstreet] 16/10/2019 15:19

Just look at Palladium go !

[charles clore] 16/10/2019 13:42

Let's go with Lesego! lol

[snowman100] 16/10/2019 13:42

Pd up through US 1760.00 dollars!

[book5] 16/10/2019 13:38

I think we need it to quickly develop WK,

[driver101] 16/10/2019 13:34

Book

We don’t need Lesego.

[book5] 16/10/2019 13:28

Reserves have value for us depending on the profitability
Markets does not believe we will be profitable till proven otherwise
We hope the market is wrong...
Need to wait a bit more
Lesego getting cold feet?

[mostyn] 16/10/2019 12:48

In the ground values only tend to have any impact when someone is valuing a company as a potential takeover target, as in the ground may be a long way from out of the ground. The closer we get to production, or perhaps when we are told how close we are to production, then in the ground values may have more impact.

[thebeastofbodmin] 16/10/2019 12:39

CC, $1000 oz to extract I would assume is very high when you consider the existing resource was originally valued at approx $2 billion
and is now approx $3.2 billion (excluding flanks TBC), and is open pit as opposed to bedrock?
---
Respect your opinion driver but IMO $50 per ounce is a steal as latest palladium price is $1745 per ounce and still rising.
I'll take $100 (reluctantly) but surely $200 is not out of the realm of reality?
---
This resource surely has to be on the radar of the main players, they are the people with the expertise to extract with maximum efficiency we don't really want EUA fiddling around with bucket and spade for months on end...do we???

[driver101] 16/10/2019 12:27

Cc

supernova Is what your looking at.

OO
Are you still here, you are forgetting the flanks that could increase the resource several fold. MT has plenty, more than we calculate. It’s a Supernova company changing moment coming. If you don’t want to party with us then move on.

[abrahe00] 16/10/2019 12:18

@CC: "what is 700 x 2m?"

You're assuming the entire resource is "proven" and fully mineable then? It is NOT I'm afraid.

In fact only a tiny percentage is in C1 (Proven/Probable) category, around 2% in fact. The rest is in the probable/inferred C2 category.

Until we see the revised DFS that's been completed (apparently, or so we are told!), we won't know for sure.

AIMHO... DYOR...

[charles clore] 16/10/2019 11:40

Ironically, the in-ground PGMs at MT (when extracted) are worth billions while the shares are still dragging in the dirt at a measly 0.5p. If the Palladium cost $1000/oz to extract it would give us roughly $700/oz profit at today's prices and that would be low end estimate because we have been told to expect higher Pd prices. Now I may be jumping the gun here but what is 700 x 2m? Would it not be worth that figure in dollars as a profit margin? Sounds too good to be true doesn't it but that is what we have here, an explosive stock situation if ever I saw one!

[driver101] 16/10/2019 11:35

In the ground.

It isn’t priced by the market at the moment, but if it was up for sale with the relevant licensing, $50 an Oz sounds about right. 10 x our M/Cap without the flanks.

[book5] 16/10/2019 11:08

I Agree at the moment market values MT at , or closed to zero

[block4gooner] 16/10/2019 11:01

Worth 0p in the ground though:(

[book5] 16/10/2019 10:51

Was it around the 20th of November 2018 our lucky day? Hopefully it repeats this year, ie authorities issue at least one of the 3 permits we are expecting.

[ekuuleus] 16/10/2019 10:18

no doubt driver but until eua makes a decent profit and pays dividends, the share price will stay low

[driver101] 16/10/2019 10:16

Ek

Not long to wait now, soon to be up to 140K Oz Pa.