Eurasia Mining Share Discussion Threads

[driver101] 22/11/2019 11:04

Mostyn

Cheers looking forward to the interview.

[mostyn] 22/11/2019 11:01

Share_Talk@Share_Talk
·
56m
Excellent interview conducted by @ZaksTradersCafe
with Dmitry Suschov, non-executive director of @Eurasiamining
We are in the process of editing & will publish a written/audio podcast shortly #EUA

[excellance] 22/11/2019 10:49

when EUA were exploring MT the price of pd was $600 per ounce, and now its treble that, so whatever conservative estimates they worked on are definitely in our favour in terms of exponential profit once we start mining, probably in spring of 2021

[1liam] 22/11/2019 10:48

You can hear a pin drop.

[arcadian] 22/11/2019 10:43

Thanks for the replies. It is certainly on the international radar screens appearing now on the CNBC trading ticker. For everyone in the end it`s a matter of risk/ reward
and metals are the future`s hotspot.

[excellance] 22/11/2019 10:43

it is usual during times of high importance negotiation to say NOTHING

[mostyn] 22/11/2019 10:40

Has anyone else noticed that Eurasia have been very quiet on twitter since November 7th. A couple of tweets on the 11th and one on the 14th, whereas before they were tweeting nearly every day and sometimes several time a day. Perhaps plenty going on and it's difficult to find something which doesn't set hares running.

[excellance] 22/11/2019 10:16

no whispers from this board room, these are the tightest team re info i've ever seen, apart from the ones that don't bother to reply.

[cool hand kev] 22/11/2019 10:12

Did some one say?

"That the company was in talks with multiple interested parties"

Why are the talking if they're not got to make a purchase?

20p minimum IMO 5 bagger from here

[bmwman3] 22/11/2019 10:11

Looks as though there's been massive demand for eua today, especially in the first hour as there's trades still appearing now! So sells below the share price of the late appearing trades have had to be collected so the mm's can make their margin before allowing this to move on! It's only at mattering of clearing the orders imho good luck all

[1liam] 22/11/2019 10:09

It will pick up. Might even see 5p at some point today.

[soilderboy] 22/11/2019 10:08

Very small wispers out from the board room!

[excellance] 22/11/2019 10:08

the way we have to look at this is this...Eurasia have played this low key for decade, because they had a good idea what they had, at WK and at MT, but didn't want the risk of loosing what they had on the cheap, so they worked away, slowly and surely, on a low budget, to prove up what they have at WK and MT and get them to a state where maximum price can be achieved.

WK isn't just an isolated rig in a forest at Kluchiki, its the entire 150 square mile region, and that means maybe a dozen rigs each producing 5k oz pa at a cost of $450 per ounce.

MT isn't just about our 2 deposits 7km apart, its about continuation between, beyond, and beneath!

what we see here today is the tip of the ice berg.

[bidmsa] 22/11/2019 10:07

this is going to move up very quick

[bidmsa] 22/11/2019 10:07

double buy then sell and only 2.5% up

[bidmsa] 22/11/2019 10:04

4.4p by end of closing day.

[excellance] 22/11/2019 09:52

lowest possible fire sale valuation would be $400m, but we are not in that situation, no need to take "low ball" offers.

the best outcome is to JV allowing a major to buy in and develop the extended MT project leaving us with a risk free, cost free, perpetual income from a growing asset, with a cash lump sum or shares alternative (say shares in glencore for example) for tax efficiency...

extremely exciting potential, all our ducks are lined up, so i'm conservatively looking at $400m on a bad day, but could be up to $1.2 billion or even more...but its up to the bankers, mining engineers, geologists and metals marketing folk to crunch their numbers.

[matunde24] 22/11/2019 09:51

If they snooze they looooooose! Let them sell.. Sales are getting sucked in like no other day... Im sure theres plenty of buyers hovering around...

[bobby1904] 22/11/2019 09:44

Base case is 6-7p imo. That's totally ignoring the MT flanks

[pennstreet] 22/11/2019 09:44

The sells are being hovered up for sure!Fools selling

[arcadian] 22/11/2019 09:43

What are the assets worth in a low ball sale?

There is plenty of risk here so you holders need some minimum hope to keep going on a Friday which could disappoint.

[1liam] 22/11/2019 09:34

I'm confident it's going to be a good day today. I've topped up twice;1) 271,4582) 244,085GLA

[rhuvaal2] 22/11/2019 09:31

My broker comes on saying "sell, you've got far too many of these"... and I respond "am taking the market with me". A deal will be done and there should be an easy decision thereafter.

[telbap] 22/11/2019 09:25

No one. Seems to know !?!