Eurasia Mining Share Discussion Threads

[jackjackpaul] 24/10/2019 19:35

2.5m OZ PD for $750m

So how much is EUA 15M worth? A lot more then £20m thats for sure.

[dubjon] 24/10/2019 19:27

Just got home.
Checked eua share price as usual.
Get in!
Read the rns a couple of times.
I see russ has topsliced 30%. Interesting.
Let us see what the morrow brings.
I've missed out on a few multi-baggers by selling too early.
Not this time.
(salivates)

[dave4545] 24/10/2019 19:23

Exact same ramps from jackjackpaul here as he did in Euz where he has not posted since.

This guy will not be posting on this thread come Monday

jackjackpaul - 14 Oct 2019 - 15:18:54 - 129 of 308 Europa Metals at the UK Investor Show - EUZ
0.5p today by the looks of it... did 600% in a day recently

1p target in the next few weeks

tiny market cap and fully funded

HUGE volume
jackjackpaul - 14 Oct 2019 - 15:08:23 - 7834 of 8553 WILL VAST RESOURCES BE THE BIGGEST MULTI BAGGER TOMORO OF ALL TIME? - VAST
profits from #PREM and #VAST will be going into #EUZ the next micro cap with newsflow to commence.. Fully funded now for operations now also

JORC in the next few weeks and did 600% rise last time

[ekuuleus] 24/10/2019 19:21

who is the 5th market maker. Last time I checked (had access), there were only 4 MMs.

[snowman100] 24/10/2019 19:20

Pd up 38 dollars an Oz so far today.

38 x 15 Million Oz = 570 million dollars increase in one day......this is getting surreal!

[jackjackpaul] 24/10/2019 19:20

1.5p in the first hour likely then a move to 2p

[charles clore] 24/10/2019 19:15

jk - quite a lot of support just below the current (real) price but lovely spread and looks like we'll be opening on 1.13/1.14 tomorrow.

[dave4545] 24/10/2019 19:10

Just read jackjackpauls posting history especially on Euz

He will sell in the first 10 minutes tomorrow.

[jackjackpaul] 24/10/2019 19:08

Director dealings for those interested.

A lot of shares been bought up here with the most recent ceo purchase only 3-4 months ago.

Some of these guys were buying in at 3.5p and buying massive amounts a couple of years ago

[sclper] 24/10/2019 19:06

Third time lucky 🤞

[jackjackpaul] 24/10/2019 19:04

Order book at close. Coiled spring

[snowman100] 24/10/2019 19:04

Pd 1787 and still rising.....what a day!

[thebeastofbodmin] 24/10/2019 19:03

With you CC, been accumulating for a decade I am not selling a single share I could have done on the previous WK or MT spikes instead I bought more on the dips.
This is the one I always felt it would be sold and that was my strategy, too sell now would be a waste of those years and months of sticking it out through the bad times, tho I understand the good sense of those that top sliced it's just not me.
GLA

[charles clore] 24/10/2019 18:56

Book - no problem my friend I am also up to my neck in these but thankfully don't need the money in my bank account otherwise I might have sold a few today myself. I hope you put the money to good use.

snowy - 18.5p would be life changing. Good luck!

[snowman100] 24/10/2019 18:52

My 18.5p by year end 'coconut shot' looks as if it may fall woefully low if the sale goes ahead swiftly.

[red rook] 24/10/2019 18:43

Block4Gooner,

if the market cap does not approach $100m to $150m on the back of this news, and in quick order, it will be disappointing ... it is diffcult to forcast how much further it will go before a plateau until other news pushes it further ... but that is just my opinion.

[snowman100] 24/10/2019 18:43

'Anybody remember Alexei Boucher’s cryptic tweet the other day? He knew this was on the cards and was subtly telling us there will be an offer of 2.8p per share for the company'

Don't be silly!

The 2.8p is just a reference to what the VERY conservative OPTIVA valuation was.....their higher estimate was 5.4p.....but that too, was acknowledged as very prudent but a bit further derisked. REMEMBER THIS.....they were BOTH for 1.9 million ounces of Palladium and NOT 15 million.

People are often fearful of daring to hope in case they fall........but for Christ's sake smell the coffee.....this is the real deal.......there are going to be a few millionaire LTH's......no doubt about that at all !!!

[book5] 24/10/2019 18:43

CC
I was seriously overstretch here
market is a crazy place
GLA

[russiaguru] 24/10/2019 18:40

Penn - yep 30% around 1p

[block4gooner] 24/10/2019 18:39

Rerate forecast?

[red rook] 24/10/2019 18:38

russiaguru,
,..'Good news, although slightly unexpected, remeber sinosteel has first refusal on any sale, although contract does expire soon.'

I agree with the first two words in your post ... that's two more than usual! SinoSteel DOES NOT HAVE first refusal on any sale.

CS has stated that SinoSteel is just the contractor selected to build the plant. I think that they have an exclusive right for a period to BUILD THE PLANT. But if no plant is built, because the asset is sold, then they have no exclusivity.

Ofcourse, SinoSteel can enter the bidding process or partner with others for MT. The more the merrier.

[richgit] 24/10/2019 18:36

richgit
4 Sep '19 - 10:33 - 24596 of 26584 Edit
0 0 0
A little reminder to keep Investors focused on future value....

Plus considering how Palladium/Platinum/Gold/Nickel are currently pricing,
as possibly "just the beginning" of the real moves coming.


September 2017


" Background to Monchetundra Project off-take agreement negotiations

Eurasia notes an increased interest from refineries seeking Platinum Group Minerals ("PGM") and copper/nickel concentrates fueled by a tightening in the international supply of quality concentrates. The status-quo situation of recent years is reversing and refineries, reacting to a looming shortage of quality feedstocks, are reaching for quality upstream assets. This is well demonstrated by a recent transaction in the PGM and copper/nickel refining space over the Kevitsa Mine in Finland (270 kilometres West of Monchetundra) purchased by Boliden for a cash consideration of $712 million. The Kevitsa Mine is considerably lower grade than Monchetundra, although of larger tonnage

[red rook] 24/10/2019 18:33

It is not an accident that the RNS includes sentences such as ...

...'recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. '

...'Our total resource with the account of areas within the flanks contours is about 15 Moz of PGM (mostly palladium) that we believe PUTS US IN A COMPLETELY DIFFERENT LEAGUE of major palladium companies already in production stage."

The conparison with other Pd acqiusiions, and the prices paid for them, have been previoiusly quoted by CS and DS in interviews and in recent tweets. They are provided for a reason ... to provide a ball park figure of the real value of MT. It should be also mentioned that Pd has rising rapidly since those acqiusiions !

We may not get an offer in the billions BUT certainly our curremt market cap does not come anywhere near to indicating true value. The re-rate that some had been demanding is happening. It will take more than a day of trading BUT value will be determined in the following days and weeks.

[pennstreet] 24/10/2019 18:33

So you too top-sliced, russ?

[russiaguru] 24/10/2019 18:26

Good news, although slightly unexpected, remeber sinosteel has first refusal on any sale, although contract does expire soon.

Reckon a spike of death tomorrow but new higher base.