Eurasia Mining Share Discussion Threads

[wantage] 28/10/2019 12:12

Costax like your idea.

[edgein] 28/10/2019 12:11

Cool,

Perhaps, its hard to say how long these two large banks have been involved, certainly before last Thursday that's for sure:

"Eurasia, an established producer of palladium, platinum, iridium, rhodium and gold is pleased to announce that CITIC, one of China's largest investment banks and VTB Capital, one of Russia's largest investment banks (together the "Banks") have already started (even prior to signing their respective engagement letters) assisting the Company with strategic options for its current mining assets (the Company's Kola and Urals assets (the "Assets")), including assessing the proposals set out in the announcement on 15 September 2019."

So we know these banks were involved before they officailly signed the letters. My guess would be around the time the contractor got the heave ho. That happened mid season and completely out of the blue. Something triggered that event. Even if it were a poor season they'd hardly get the chop with several months left of mining, they would likely not have renewed next season. Imo something triggered that change and last Thursday explained a lot. Now CS as a real chance to make money, he's still got an outside chance of big money at KIBO too but his game changer will be with EUA due to its massive reserves and upside. If Nornickel are lucky enough to land these assets, 15m Oz would sustain much greater than 140k per year and they'd have the cash to quickly prove it up through exploration.

Regards,
Ed.

[jayrh] 28/10/2019 12:10

120k ounces of palladium per year is 210 mill not bad at all

[jayrh] 28/10/2019 12:08

We could have 20% of the share allocation traded today were nearly at 300 mill and it's only 12

[zen12] 28/10/2019 12:08

Little lunchtime breather..

[leewink1] 28/10/2019 12:07

It's showing early signs of people noticing it now, and it's worth, hold tight, the ride of your life is looming, all RNS'd and black and white now.

[thebeastofbodmin] 28/10/2019 12:07

Yeah I was thinking that this morning, where is Stuart hope he is ok?
I was also thinking I shall comfortably be able to buy a new set of Mizuno MP20's :D

[leewink1] 28/10/2019 12:05

Not to fussed on the dips, mid term, these prices will look ridiculous, i'm in fully very soon, no thought needed here, what an asset, and what a price to buy at, I cannot see a problem now of 10p for Xmas, maybe more, valuations there, beliefs there, just needs power buying like we've seen.

[sapper2476] 28/10/2019 12:04

Still sell 3m at 1.5p. Keep hold...

[johncasey] 28/10/2019 12:04

someone just bought over a million in kibo energy..double whammy?

[intheknow69] 28/10/2019 12:02

Mm’s are all over the place. Buy on any dip as these are going only northwards.

[leewink1] 28/10/2019 12:01

2p for close, 5p end of week, all do'able now, what a share.

[pennstreet] 28/10/2019 12:00

Come on stu - where are you?

[cool hand kev] 28/10/2019 12:00

the patient investor by name but not by nature?

[leewink1] 28/10/2019 11:59

Holdings going to take more than today though, plenty of time, there's weeks of this.

[costax1654x] 28/10/2019 11:59

Happy days here!Don't forget 1% for charity

[cool hand kev] 28/10/2019 11:58

TWO BAGGER :-)

[bobby1904] 28/10/2019 11:56

Get lost mate. No one wants you here...!

[the patient investor] 28/10/2019 11:56

wow, i asked my question when offer at 1.50!

silly me, shd have bought

[willmac4671] 28/10/2019 11:55

lol

GLA

[leewink1] 28/10/2019 11:55

Just nipped for a coffee, see, all as planned, keep up the good works chaps.

[bobby1904] 28/10/2019 11:55

U serious?? Have u been in a cave? in a nutshell reserves now look to be c.15m Oz instead of 1.8m!! & 2 largest investment banks in Russia/China basically organising sale of assets/or company. All figures point to 5p + as exit. There you go!!

[zen12] 28/10/2019 11:54

I suspect a leak...volume up the roof

[jammydodger1] 28/10/2019 11:53

Massive 10p soon