Eurasia Mining Share Discussion Threads

[garryvaughan] 14/1/2021 18:01

Excellent news , Platinum has just hit a 6 month high ...

[excellance] 14/1/2021 17:56

Nickel copper palladium and platinum prices really pushing up in this last hour, great for our basket, the delay will be favourable for our valuation...

[pennstreet] 14/1/2021 17:35

Nice 1.5m buy showing

[krystalklear] 14/1/2021 17:05

Conclude what you like lol

[asagi] 14/1/2021 17:03

I am concluding that no formal bids have been received for Eurasia Mining.

This, despite having UBS and Citic scour the globe for buyers for more than six months.

Asagi (short EUA)

[excellance] 14/1/2021 16:53

Very stubborn share price action today, once the flurry of buys were sold into.

30p seems to have its own gravitational field at the moment.

[ciminna] 14/1/2021 16:36

Any of those combos works for me!

[vimster] 14/1/2021 16:36

Or Lybrion that DS is involved in?

[ciminna] 14/1/2021 16:29

Maybe the "other transaction structures" in the RNS was linked to this!! Give me a load of cash for my shares and a few Bitcoin style currency on the side to stash away for the future.....yes please!! https://www.nornickel.com/news-and-media/press-releases-and-news/norilsk-nickel-joins-responsible-sourcing-blockchain-network/

[cool hand kev] 14/1/2021 16:29

In a previous RNS EUA stated that the DFS had been approved and so therefore we wait for it’s release

[jrjr99] 14/1/2021 16:23

A definitive feasibility study (DFS), or bankable quality study, based on the best alternative identified in the preliminary feasibility study, and suitable as a basis for detailed design and construction. The definitive feasibility study will be based on indicated and measured mineral resources.

[mo5h] 14/1/2021 16:22

Daft question, I'm sure DFS is not referring to the sofa company. Can someone enlighten me to what it means?

[davetedjack] 14/1/2021 15:58

I honestly thought we would be a bit higher than this when the RNS landed this morning. I know that like me many others will not be selling but it would be nice to put a little more profit in the pot.

[dr darkstar] 14/1/2021 15:55

It's one of the consequences of the increasingly illiterate society in which we live.

[krystalklear] 14/1/2021 15:49

Asagi the only thing short is the amount of brain cells in your head. A number of non-binding offers equals bidding war.

[asagi] 14/1/2021 15:39

today's statement says that Eurasia Mining has

"to date received non-binding offers"

Does this mean that no formal bid for the company has been received in six and a half months of the FSP?

That would blow a hole in the thesis that there has been some kind of auction taking place under the cloak of the Formal Sale Process.

I'm left to conclude that either the management's opinion is that the Company is worth substantially more than the 45p share price high, or that the indicative bids were less than 10p: the approximate share price when the FSP was launched.

Asagi (short EUA)

[golfdriver] 14/1/2021 15:34

Until we have a binding offer we have nothing. Let's get a binding offer then go out looking for someone to beat it.

[sportbilly1976] 14/1/2021 15:31

tomorrow's 3:20 rns will be a bit more interesting though....have they added on the back of today's update?

[mgellie] 14/1/2021 15:29

It's blackrock - not huge though

[easwarareddy] 14/1/2021 15:27

Someones increased their short. Hope they get burnt

[krystalklear] 14/1/2021 14:34

DFS could drop at any moment and propel the share price to higher levels. After that a deal will be announced. Got to be in it to win.

[wisteria2] 14/1/2021 14:32

Well if no confirmation rns in the short term then the share price will drift lower! rns next week then boom 40-50p who knows! frustrating