Eurasia Mining Share Discussion Threads

[vimster] 13/4/2021 18:38

You're missing out. Very good discussions with like minded PIs plus some very well researched investors.

[excellance] 13/4/2021 18:35

No.

What's telegram?

[ciminna] 13/4/2021 18:32

Ex are you on the telegram group?

[purchaseatthetop] 13/4/2021 18:30

1liam....lets look at the present strategy:

The new RNS was issued saying that EUA needed to show that it could mine MT themselves to improve their negotiating position.

To do that EUA plan to take more money from either existing or new investors. Maybe £55m.

The clear indication is that the Sinosteel loan agreement will be activated to enable EUA to actually mine the PGMs.

Do you realise that the Sinosteel loan/building contract will have a number of qualifying requirements before it can be activated. Most important amongst these will be a minimum of Definitive Feasibility Study on MT (usually they would require a Bankable Feasibility Study). There is NO chance that Sinosteel will lend the money to develop the production facility without a DFS. Nobody lends that kind of money in the HOPE that it will be profitable and that they might get paid!

This comes back to my issue with the absence of the DFS. None of these plans/ideas/hopes can IMO ever actually happen without a DFS and the absence of the DFS means that the drilling results mean very little at all.

You need to ask yourself: why do we not have a DFS and is that serious? Never trust a BoD.

[excellance] 13/4/2021 18:27

Fairly sure nobody said this would be 265p in ten days.

I'm sure blondie will furnish us with proof of her assertions.

[ciminna] 13/4/2021 18:25

Who said it will 10 bag in days? I don't follow this thread as much anymore so may of missed it but I look forward to you backing up what you are saying with facts

[1liam] 13/4/2021 18:18

We all know the direction this is heading and it's north. It maybe tomorrow, end of the week, end of the month, or the next. l don't care. However, I'm confident it will be sold for many multiples of the current share price.

[excellance] 13/4/2021 18:07

Eh?

You just said...

"News before EGM?"

"No chance IMHO"

Then, in the same post you said...

"The last option will need money, so expect the begging bowl out soon. Possibly before the EGM ;)"

It is you that has lost the plot.

Are you blonde?

8)

[fizzmiss] 13/4/2021 18:01

News before EGM?

No chance IMHO

Not on about the past I'm talking about the ramp posts over the last 4 weeks boasting EUA being a 10 bagger within days.

I personally think the management has lost the plot, they will have to sell it cheap or pick up a spade and mine, simples.

The last option will need money, so expect the begging bowl out soon. Possibly before the EGM ;)

[excellance] 13/4/2021 17:57

It's already been a 50 bagger, so I'm not complaining.

If this drops to 25p I'll add more again.

The EGM isn't long away, but don't bank on there being no news between now and then.

[fizzmiss] 13/4/2021 17:47

Well, I might get my 25p or lower at this rate, not the 10 bagger most boasted.

Still a gamble red or black, place your bets

[purchaseatthetop] 13/4/2021 17:16

I was a day off. Here is my theory:

The BoD always release RNS's on a Friday after close of play to give the social media/bulletin board EUA reps a chance to work their magic over the entire weekend to persuade many holders/waverers that the message in the RNS is positive. The RNS contains trigger words that they can work on (such as $21b Japanese company with presence in PGM asset). Might be a sales manager at a small Japanese company with a platinum watch).

This means that come Monday (like yesterday) there is sufficient enthusiasm to increase stakes and create the demand to raise the share price.

But, that cannot last. Today we saw the next stage. Price drops and now below the price on Friday evening. IMO we will now see further drops and I will be proven correct in that the price will materially drop.

Anyway...we will see.

[the modeller] 13/4/2021 16:02

It looks like he is going to have to get interested.

[murph1969] 13/4/2021 15:46

So long game in play protocols in play.My end game price has increased.

[dealer55] 13/4/2021 15:34

Not a chance. FSP DS isn’t really interested in becoming a miner.

[onehanded] 13/4/2021 15:33

yes and would see this around 35p, may be worth those who sold higher to get back in. Will watch....

[excellance] 13/4/2021 15:31

My guess is an offtake agreement. That is a promise to supply a certain quantity of pgms at a favourable but agreed price in exchange for some kind of finance agreement or direct investment into Eurasia, thus giving us the capital we need to build our mines and processing plants.

[courty2] 13/4/2021 15:03

How do we fit into this , sorry I'm just a .builder lol GLA

[1liam] 13/4/2021 13:55

Positive position as the end game approaches.

[smokingjoe] 13/4/2021 13:50

Says on sky news going to start dumping water in 2 years so times are all there

[cool hand kev] 13/4/2021 13:46

They could exploit WK while waiting for MT to come up to speed. So how much is WK worth in isolation 🤔

[murph1969] 13/4/2021 13:37

Long game.You should know that

[excellance] 13/4/2021 13:27

if the japanese want us to supply their pgms, they cant want them very quickly.

itll take 2 years to get MT near production.

maybe they just want WK?

[smokingjoe] 13/4/2021 13:13

Read Fridays RNS on the new Japanese Eurasia office, mentions contaminated nuclear water etc, massive sale on

[ohojim] 13/4/2021 12:31

More to come, I suspect :-)