Eurasia Mining Share Discussion Threads

[someuwin] 29/10/2019 10:36

This is the perfect scenario.

One of the biggest banks in China AND one of the biggest banks in Russia are working together on a success fee basis (no sale, no profit for them) to sell EUA's assets - which are one the last and biggest Palladium Plays in the world!

For investors - it doesn't get any better than that!

[computercoders] 29/10/2019 10:36

Double top I think. Will probably pullback from here...need to remain objective here people

[excellance] 29/10/2019 10:35

Optiva did have a very conservative valuation of 2.8p a year ago, based on very different numbers from those revealed this week.

Do the maths.

[costax1654x] 29/10/2019 10:35

Fly baby fly!Ptal to follow

[obmuj] 29/10/2019 10:35

This is a hard one for me. Bitten so badly by euphoria on so many, mainly African oil stocks, it is hard to press the BUY button when one hasn't had time to even do any diligence.
In a mad moment, however i hit BUY at 1.98p for a piddling 100,000 shares.
Just hope I have got this right looking at the feeding frenzy here.
Exciting though.
Now, I have £10k in ISA cash ready but I just cannot bring myself to hit BUY.
I may play it safe and watch and wait then average down what I have already at 1.95p average even if it means buying at higher price (say past 3-4p).

Ok I'll answer for you - I can hear "BUY you idiot". lol

[stoneme] 29/10/2019 10:34

I was wondering the same. Short term target anyone?

[tomboyb] 29/10/2019 10:34

Bset of luck chaps -

No idea where it is going but a profit is a profit ( for me!) in this market -

[computercoders] 29/10/2019 10:33

See if it can punch through this this time

[computercoders] 29/10/2019 10:33

Seem to be hitting some resistance now

[edgein] 29/10/2019 10:32

Cashandcard,

EUA several years ago compared this to the neighbouring Ni project across the border in Finland, Mr Churakov also mentioned it again yesterday in the vox market interview. It sold for over $700m. When EUA compared these projects Pd was less than half the price its at now. Also in the interview Mr Churakov said the other recent asset sales were a benchmark for EUA's MT.

Here's a couple of recent statements you may see as relevant:

The interest from the Banks is originating from the 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. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play".

"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."

Regards,
Ed.

[pennstreet] 29/10/2019 10:32

Sold too early as usual - but I'm happy. Have a reasonable core holding ;0)

[pauliewonder] 29/10/2019 10:31

Woosh. This is hitting 3p today. Maybe 10p would be realistic before Christmas. Big money coming in. Surely we must have a holdings RNS shortly

[charles clore] 29/10/2019 10:31

ex - did you see my question earlier or shall I post again?

[leewink1] 29/10/2019 10:30

Nice, easy 3p today then, I may have to re-evaluate my 5p end of week yet.

[babbler] 29/10/2019 10:30

"The last non consolidated palladium play in the world...."

[wolf4] 29/10/2019 10:30

2,8p was the historic valuation...lets see how it performs from here

[computercoders] 29/10/2019 10:30

Looks like will pullback now?

[snowman100] 29/10/2019 10:27

The Bloodhound.

[demonboy] 29/10/2019 10:27

61 million market cap as one mentioned earlier.

[azuli] 29/10/2019 10:26

Was in EUZ briefly ahead of the JORC but moved to EUA instead last week. Glad I did judging by the reaction at EUZ compared to here :-)

[mostyn] 29/10/2019 10:25

There seems little doubt that the movers and shakers within Eurasia (DS and AC) see Monchetundra as a globally significant Palladium asset, and one of the last that has not been consolidated/taken over. On that basis they are comparing it to recent billion dollar transactions.

I would guess that a load of the punters over the last few days are just following momentum, and have no real idea of the potential value in the company. Over 1.7 billion shares have been traded over the last 4 days and many of the sellers will have made a very good margin (nothing wrong with a profit and good luck to them) but will still miss the boat.

[johncasey] 29/10/2019 10:24

what does 50m oz of palladium equate to? divide by 25 to get buy out figure

[jayrh] 29/10/2019 10:24

If your bod says there is a potential 40 to 50 mill ounces hes not going to make it up his he. He knows what's there gl

[elan_1] 29/10/2019 10:23

Interview is around 2pm ??

[babbler] 29/10/2019 10:22

Interview will be late afternoon as company is very busy. According to proactive.