Eurasia Mining Share Discussion Threads

[mhin2] 30/10/2019 06:20

From EUA interim report 2019

Monchetundra flanks application. As per Russian subsoil licensing legislation, the holder of a mining right is granted an automatic and exclusive right to apply for exploration tenements directly adjacent to their approved resource. Eurasia have previously utilised this right in application for exploration ground adjacent to the West Kytlim project. After desktop studies and analysis of available literature a final perimeter was agreed for the Monchetundra flanks application in August 2019, and an application submitted to the relevant authorities on 23rd September 2019.
The Monchetundra deposit is comprised of two separate deposits namely the Loipishnune and West Nittis deposits - both of which demonstrate clear on-strike continuation of mineralisation beyond the limit of the current approved reserves

[ic0gcds00] 30/10/2019 05:37

https://youtu.be/uF5bNOlGpFs

[ic0gcds00] 30/10/2019 05:34

This is like riding one of those big hawaiian waves aloha aloha

[wrtmf] 30/10/2019 05:25

come on dividend chasers and income fund managers! get queueing. lol

[oilisgold] 30/10/2019 04:45

Its True AIM very risky but can make your dreams come true.

[oilisgold] 30/10/2019 04:44

Its going to be make or break today. In with just over 20k. Will be getting breakfast ready at 6am and few coffees to last the day. Life changing if all goes to plan. Worse case i will get out break even as 10k up already. 50% drop isnt gonna happen.

I wish all of you best here. Will book a holiday to Dubai for 4 weeks in december today if it rockets to 4 to 5p. Winter very cold in uk.

[excellance] 30/10/2019 04:07

Wasn't the interview conducted at 16.30 so after close, meaning the rns will be out before trading resumes?

Anyway, consider this...the Sinosteel subcontract of $50m comes to us but we return $26m as our 15% equity contribution.

We get the remaining $24m, part of which may be paid out as special dividend, maybe a penny per share!

Then the fun begins because MT is officially in development, and if we are spending $176m on phase 1 which will produce 140k Oz pa PGMs what is the value of MT, and what may someone bid?

Then add phases 2 and 3 over 30 years. Now how much is it worth?

£75m mkt cap?

Seriously?

[stoneme] 30/10/2019 01:41

Of course you can - they just become insiders if the information is considered price sensitive

[cudgietoo] 30/10/2019 01:28

They'd look good on a sick note

[ekuuleus] 30/10/2019 00:53

solid liquidity.

Let me just think about those 2 words.

[tidy 2] 29/10/2019 23:32

He is talking past tense. These are not the usual carrot dangling circumstances it seems we have solid liquidity coming to the market via EUA.

[jammydodger1] 29/10/2019 23:28

But maybe the Rns lands at 7am therefore it's ok

[jammydodger1] 29/10/2019 23:27

But what does Andrew Scott mean not a normal interview??? That's got me miffed

[jovi1] 29/10/2019 23:26

Jammy

Not sure it is possible to share info with people outside the company before RNS and as the interview was recorded today it seems to put that theory out.
not sure if make difference if the recording was out of the trading hours and the RNS will be before opening

[jayrh] 29/10/2019 23:23

I see big fish already mentioned it gla

[jayrh] 29/10/2019 23:22

Lukwesa burak29 Oct 2019 23:13When a bbc anchor starts tweeting EUA you know frenzy mode is about to emerge. 

[jammydodger1] 29/10/2019 23:18

Anyone see the tweet from Andrew Scott about EUA interview he states "Given the circumstances and expectations it is not a normal interview"Now what the bleeding hell does that mean I'd say there is an RNS in the morning and the interview willBe discussing this.Could be mega mega big

[dubjon] 29/10/2019 22:39

POG and MTR are on my list for snaffling.

Long term eua chart has resistance at 3- 3.5p
Not sure that will count for anything as it was about a decade ago.

[dancing fred] 29/10/2019 22:37

Don't forget to use the wife's cg allowance too, if you are married of course.

[bobby1904] 29/10/2019 22:36

Reminder in last A/c's EUA had £20m of tax losses brought forward. That's worth more than the mkt cap was just a week ago!!! Makes me feel a deal at corporate level more likely than just selling assets. That's good for shareholders as it's a cleaner exit...

[big fish] 29/10/2019 22:23

BBC news anchor tweeting about EUA. I think we are in for a good day ;-)

[lgraham86] 29/10/2019 22:18

How does this work if your working abroad and trading/investing? I work abroad and only home around 6 weeks of the year. My income is tax free is this the same with investments?

[cyberbub] 29/10/2019 21:58

Jammydodger your post 28960 - there's nothing you can do about it AFAIK, short of dubious tax avoidance measures possibly - which are normally only available to millionaires. You will simply have to pay CGT on the amount of profit you make above the CGT-free threshold (£12k) in the current tax year. If you want you can also transfer some shares into your ISA. If you think EUA will be around for the next few years you can transfer a percentage of your shares (an amount which means your bed-and-ISA tax liability stays below £12k) into the ISA each tax year- that way you won't pay any taxes - bit it's slow obviously,, and in any case we may not get the choice if there is a buyout before 5th April + you will have an enforced taxable capital gain. Still, paying 20% VHT on a massive gain is not too painful in my experience! Get some independent tax advice as well. No advice intended etc