Eurasia Mining Share Discussion Threads

[charles clore] 29/10/2019 20:16

cyber - thanks for explaining that.

I think we may well be approaching the stage where funds start buying. That is if we are not already there! So that will delay the selloff rollercoaster for a bit. I reckon the price will be about 8p before the real turbulence happens.

[pennstreet] 29/10/2019 20:11

Good post cyber - we all have to be sensible about this and do what's right for you. I too took the opportunity to off load some today to meet all the pay backs - and guess what, all the stress of the past two years or so is no longer there. I can now just sit back and enjoy the ride.

[block4gooner] 29/10/2019 20:10

Only 449% for me as my ave .55:)

[cyberbub] 29/10/2019 20:07

I will admit to selling about 7% of my holding today, due to a promise to my daughter which I couldn't risk. Still holding the remaining 93% (over 3M shares) all the way.For the newbies here, be aware that there will be sharp knock-downs in coming days. IMVHO don't panic-sell, or put stop losses (or too close anyway). If you believe that this is worth 6p, 8p, 10p, 20p, set your target and hold tight until it's hit.

[willmac4671] 29/10/2019 19:58

4p easily done just off outdated optiva report base price, change in basket price -



GLA

[cyberbub] 29/10/2019 19:56

Should have said "...none *IF* your shares are in an ISA"....

[adamfletcher1] 29/10/2019 19:54

The moment you login to your trading ISA and it says 892% up... much more to come here... too risky to take now, or day trade... Sit back and surf the wave.

[edgein] 29/10/2019 19:49

Lovely finish, bodes well again for tomorrow. CS is a big tease reviewing their dividend policy! Now they have or soon to have too much cash apparently! :) An asset sale and dividend sounds good to me!

CC.

Yes superb volume yet again, over 2bn shares traded in just 4 days and tomorrow is likely to be busy again too, especially now that CS is hinting at dividends. They'll have plenty of cash to upgrade at WK for next season (if we still own it by then).

No retreat, No surrender, show us the money.

Regards,
Ed.

[oilisgold] 29/10/2019 19:45

Amazing few life changing days for many. Even the youngsters are enjoying this ride. You had posters where the girlfriend was screaming to pull out, you had poster buying a nice car, poster deposits for a house. Many LTH pension dreams of retirement coming true. The fun hasnt stopped. This all depends on news and how many traders piling in. 4p could be smashed to bits tomarrow. Gains are getting bigger and bigger. At SOLG a lot of LTH that got in at 1p started selling around 10p. You were seeing trades of 100k going through there. Same could happen here for LTH. Enjoy the rise begore the decline.

[teaboy100] 29/10/2019 19:42

Probably 'If ' your shares are in an isa.

[lgraham86] 29/10/2019 19:38

Thanks alot for that cuber appreciate that

[charles clore] 29/10/2019 19:34

cyber - could you explain that last sentence again please?

[cyberbub] 29/10/2019 19:31

LGraham86 re. divis.Companies which are making regular excess profits return that excess money to shareholders as a dividend per share. For example (and it is only an example), if in a future year EUA made a clear £5M profit, spent half that to expand its operations and returned the other half to shareholders, that would mean everyone getting 0.1p per share as a dividend for that year (assuming the number of shares in issue is the same at 2.5Bn). If you held 1M shares you would get a nice £1000 cash in your account. And maybe the same a year later.The other type of Divi is a 'special' Divi where a company gets a major windfall of some sort - to take a hypothetical example, selling off a Russian mining asset for £300M. The company might decide to keep £50M for expansion or buying other assets, and return the remaining £250M to shareholders. That would be a whopping 10p per share...The special divi scenario applies if Mr Big Buyer doesn't actually buy out the whole of EUA, and the company remains in existence. If the whole company is bought then there will be no Divi - you will just find your shares gone and a large wadge of cash in your account...My understanding is that divis attract a 10% tax (even in an ISA), whereas a buyout means normal CGT is payable - or none of your shares are in an ISA.Understood?

[h2owater] 29/10/2019 19:29

Agree. Much more to go. Even without news I think this will do double digits. From podcast:VOX: Yes. We have seen recent palladium acquisitions namely Stillwater for almost US$2 bn by Sibanye in 2017 and North American Palladium for approximately CAD$1 bn by Impala Platinum earlier this month. Are you benchmarking your valuation against these deals?AC: Yes. And also you should not forget Kevitsa project sold for over 700 million US dollars in cash and Sukhanko project sold for a significant cash consideration and an additional 2% net smelter royalty over the life of a the entire project. And mind you, Sukhanko is far behind our MT/Kola in their development schedule. You can find more details on these projects in the Optiva?s research on Eurasia of last year. These two projects are just several hours drive from our MT/Kola mines.

[charles clore] 29/10/2019 19:24

Well over 600m shares traded again today. Massive volume and it's not letting up.

Between 15 and 40m ounces with a minimum of $70/oz in ground value and a market cap of just under £75m? You couldn't make it up!

[h2owater] 29/10/2019 19:24

AC: It means that our value potential has been upgraded to a completely different league of major palladium companies. And we believe that 15 million ounces of palladium is just the beginning. We are looking at several other licenses at Kola with over 40 million ounces of palladium in total. Having said that, already with up to 15 million ounces of palladium we are an extremely attractive to large strategic investors.

[wburton619] 29/10/2019 19:23

I reckon that podcast interview had been posted 50 times today haha??

[wrtmf] 29/10/2019 19:20

IF...

it comes out of the starting blocks tomorrow morning, as it did today, +33% will be hit before 10am
with an interview to be broadcast and the 'dividend' ref in rns today...
+33% from 3p is 4p

[at work tomorrow, can't watch! bloomin heck]

[h2owater] 29/10/2019 19:16

https://podcasts.google.com/?feed=aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzQwOTk1NjAucnNz&episode=dGFnOmF1ZGlvYm9vbS5jb20sMjAxOS0xMC0yODovcG9zdHMvNzQwNzkzNQ&hl=en-GB&ved=2ahUKEwjjse7NlMLlAhXnXhUIHa7UAcUQieUEegQIARAI&ep=6&at=1572375975760Podacast

[sideshowbull] 29/10/2019 19:15

Well done guys, I unfortunately left the party way to early, nice to see AIM doing something apart from being bummed.

Have a feeling it will end in tears.


BWTFDIK

[magnus9] 29/10/2019 19:05

RNS Number : 8451A
Eurasia Mining PLC
04 April 2012

Queeld Ventures is wholly owned and controlled by Kipford Ventures Limited ("Kipford"). Kipford. Kipford is wholly owned by L. Ananieva

As at 18 September 2019: Queeld Ventures Limited 307,250,000 12.48%
This needs updating.

What is the position here?

[lgraham86] 29/10/2019 19:02

Taxman isnt helping you out when your investments lose money is he ffs lol

[pauliewonder] 29/10/2019 18:50

True. For pensions they are outside estate for inheritance tax....may be a probs for some here if EUA shoots to 20p :)

[obmuj] 29/10/2019 18:47

Little addendum to the tax discussion.
Nice thing about ISA's is with everything in there you don't even have to fill a form in (tax return) , notify HMRC or anybody. No paperwork, declarations etc with "the authorities" at all. Zilch, zero.

[pecuniarum copia] 29/10/2019 18:42

EUA website - Share Capital (scroll down the page for warrant information as of 18 Sept.2019)