ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

EUA Eurasia Mining Plc

2.305
0.205 (9.76%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eurasia Mining Plc LSE:EUA London Ordinary Share GB0003230421 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.205 9.76% 2.305 2.30 2.50 2.45 1.95 2.05 46,882,276 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 120k -5.84M -0.0020 -12.00 68.75M
Eurasia Mining Plc is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker EUA. The last closing price for Eurasia Mining was 2.10p. Over the last year, Eurasia Mining shares have traded in a share price range of 1.25p to 7.45p.

Eurasia Mining currently has 2,864,559,995 shares in issue. The market capitalisation of Eurasia Mining is £68.75 million. Eurasia Mining has a price to earnings ratio (PE ratio) of -12.00.

Eurasia Mining Share Discussion Threads

Showing 75751 to 75773 of 100700 messages
Chat Pages: Latest  3032  3031  3030  3029  3028  3027  3026  3025  3024  3023  3022  3021  Older
DateSubjectAuthorDiscuss
12/9/2021
15:18
I was referring to the academic research papers published by Rosgeo and Tsnigri but feel free to dismiss the truth in a casual way, expect it really. Fairly sure they said Dmitry was now M&A Officer so very much an insider wouldn't you say?Strange comment you make there - why cannot you comment about Zak Mir when you freely attack and slur so many others ?
love_a_good_jubbing
12/9/2021
15:12
whocares765....that is strange. All your posts are pushing DHV Pheonix. Every single one. Are you part of the pumping team? That would be ironic considering what we have been posting.
purchaseatthetop
12/9/2021
15:05
This stock has had a lot going for itJust look at the level it was and where it isEurasia Mining has had an incredible run....Many on huge profits..HTTPS://www.twitter.com/DVH_Phoenix/status/1436618402093748225
whocares765
12/9/2021
14:57
I pity anybody who is long this stock (except the Russian "insiders", of course).

If there was to be a sale at some fantastical price (i.e. above the current incredible market cap), why would there be any need to produce the lying ACF report, or to pump the stock in such a blatant way? You wouldn't need either of them. You could just let the sale happen - everybody would be happy.

But if there isn't to be a sale for completely improbable billions, and the game plan is something much darker, then the ACF report and the pumping and the misleading RNSs become absolutely necessary. And that's what we see.

Q.E.D.

tigerbythetail
12/9/2021
14:40
Jubbers.....there you go again.....research = TV interviews or twitter.

I admit it seems unlikely but that does not exclude the possibility. Why would there be so many "insiders" who are not insiders now?

Dmitry not on the Board?
Deloan Investments now an Indirect Holding?
Venus Garden Holdings?
Queeld Ventures?

Hundred and hundreds of millions of shares worth hundreds of millions of pounds that could be sold off with absolutely no come back against the sellers - and even if there was there is no extradition treaty working with Russia (see Salisbury poisoners).

You see, it may not be what is going to happen but then again it could. Why this recent massive pump based on a spurious RNS that was deliberately worded to mislead (but legally) allied to the ACF financial rubbish plus the extraordinary board and social media pump (hey Zak Mir is even involved but I cannot comment on that...) if there is no reason for it?

It MIGHT be for a sale. But that has been the story for a long time now. If it is not for a sale then it is for a reason that is not good for PI's.

Fascinating.

purchaseatthetop
12/9/2021
14:17
Appreciated. I play BBSB every day with the messages here and like to tick them all off.
love_a_good_jubbing
12/9/2021
14:17
Great Post excellance.
We need to adjust our expectations upwards.

dubjon
12/9/2021
14:07
Yawn...Plenty of information on the licences if you bothered to research the work of Rosgeo and Tsnigri, even TV interviews discussing the reserves and resources. Yes that is correct - reserves. More to life than what is covered in the EUA rns. Also plenty of value when audited and double checked by credible Western firms. You do neglect one more possible scenario at the end of this process, the sale that you are spending so so long in denial about, constructing more and more fabrications and confirmation bias of your theory between the 3-4 of you here.
love_a_good_jubbing
12/9/2021
14:04
The "speeding ticket" guidance pointed to the placing price at 26.5p as the only tangible event that they could use to guide the market back to a reasonable price.

How did they arrive at that placing price?

Who is the placee?

They have warrants at 26.5p too but could easily have bought shares at 15p or 16p instead on the open market, and maybe they did?

How supportive are these 26.5p warrant holders, and do EUA want them to exercise to get the funds but couldn't at the silly low share price of 15p?

With the share price at 35p they could exercise now and be quids in, or maybe they'll wait for news and an share price of 65p before exercising?

I think most holders on here, certainly the long term holders, can see the possibility of 65p very soon as having a high probability now, and with the next stage of the JV possibly treble that going forward.

I've spent a couple of days reviewing everything, taking in the ACF report, and even zacs charts, and have to conclude that even I have been overly conservative, have been still hanging onto the 45-50p MT only old target SP, but so much has changed so fast, and yes we lack some clarity, but I find myself thinking of the full potential at nearer 165p to 200p in a matter of days.

Who knows, with more clarity I may raise that to 300p!

We do need more news, on JV partners, DFS, JORC, and a time line. WK is of course our only source of production revenue, and could deliver several million dollars every year to help fund us if we decide to go solo, but I think it more likely we will sell it entirely or a major part of it, and perhaps retain royalties, and this will likely be announced at the same time as the MT sale announcement where we will probably reveal a similar deal, retaining our 15% equity stake as per the ECPF deal agreed with sinosteel.

So we get a free carry on Kola, and retain 15% of MT and WK, and we get a large cash settlement to pay for all previous exploration costs and a large cheque for 85% equity sale, and EUA move on to other projects well funded and with annual revenues.

This is looking very exciting right now, more so than ever before, and all we have to do is nothing, just wait, be patient, and do nothing.

excellance
12/9/2021
13:40
Hi Mad Stork!
There are "boiler rooms" in Israel and Cyprus and even Goa which are partly staffed by
expat Brits.
The notorious St. Petersburg information control operation run by "Putin's chef" also used to employ UK expats (this is a few years' back, but I actually met one of them). And there are now plenty of Russian young people who've gone through the UK school system.
I'm pretty familiar with Russian information control techniques, and there's no question in my mind that the ramping has been professionally organised and carried out to a well-defined plan (which is actually not all that dissimilar to the political "programming" inflicted on the Russian people). It would be wiser / safer to run the ramping op from an overseas jurisdiction, but in the end its actual geographical location is a detail.
Concerning the RosGeo licences, remember that NN have lost a lot of Kremlin favour over the last couple of years (over all the pollution and accidents). It may be that Firstov now thinks it's safe to try and bypass them. NN may not care too much anyway, as they hardly need more resources / reserves. It could be that there is some value in the RosGeo licences based on old Soviet exploration. It's a very standard situation for a Russian state institute - no cash, lousy pay for the staff, valuable old building but no money for repairing it, and somewhere in the archives something worth real money in the real world. It's telling that we have absolutely no details concerning those licences.(And I'd guess we'll never get them, either).
I do think I may have read this right this time. But, anyhow, however you slice it, this epic ramp all leads up to one culminating event - the Russians dump their shares, crashing the share price and leaving UK PIs massively out of pocket. There's no other end to this story.

tigerbythetail
12/9/2021
13:26
The ACF report (which is being quoted as Bible truth on LSE today) is the most laughable piece of paid "research" I've ever seen. They key fact about that completely false document is that it was PAID FOR and DISTRIBUTED by EUA itself. So it is the reddest of red investment flags.
There you go, Jubber, fixed it for you.

tigerbythetail
12/9/2021
13:23
Because we've already had one. There won't be another
sturfc54
12/9/2021
13:18
I also don't necessarily think there's an organised overseas ramping operation. Several of the Rampers-in-Chief on Twitter/Telegram/LSE are clearly British, or if they are not they are more convincing than any Russian disinfo agent I've ever seen and should be working for the Kremlin. When assessing the nature of completely absurd AIM megaramps (and I've seen several dozen in my time) I've found it best to keep Hanlon's Razor in mind:

"Never attribute to malice that which is adequately explained by stupidity".

themadstork
12/9/2021
13:14
We have had no speeding ticket Normally the market makers correct the market More than 100percent rise is quickly extinguished they like an orderly market Why did that not occur?Maybe TMS or Tiger or PATT should be asking themselves this rather than dismissing that EUA is worthless
juwymojo786
12/9/2021
13:08
Laughably wrong. But at least you are inventing new fictions and looking at things from a different perspective. Just a reminder, nobody has criticised the ACF report so far today!!
love_a_good_jubbing
12/9/2021
13:01
TBTT: Ah right, that is a bit more plausible. It does rely on the notion that the Rosgeo licenses have any value, which I think is extremely unlikely since they would have gone to NN if that were the case. A more likely scenario, in my view, is that both Rosgeo and EUA know full well that the licenses are totally worthless, but the JV suits them both. A bit of unexpected cash for Rosgeo and a convenient can-kicking ramp for EUA.

There has to be *some* sort of scheme for insiders to cash in, but I was just thinking the old "dump without notifying anybody" or "lend your shares out" schemes that have been done in the past by insiders on similar crazy AIM bubbles.

We shall see.

themadstork
12/9/2021
12:58
In short, EUA really was a mining operation. Only it was UK PIs who were being mined of their savings.
tigerbythetail
12/9/2021
12:57
Come on, Jubber, you know I've got this right.
1. EUA's market cap increases to point that players in Russian PGM space notice them.
2. They sponsor RosGeo stand at exhibition. They make friends with Firstov.
3. Rosgeo is a typical Russian state institute - no cash, lousy wages, but possibly some valuable assets. Assets which Firstov wishes to safely "privatise" into partly his own hands and to profit from.
4. Firstov and Russians cook up scheme to sell option on assets to EUA for $500K (without ever explaining what they are or giving any details of the final sale price). Firstov is appointed head of MT subsidiary as part of deal.
5. EUA share price is booted as high as possible by careful news control and organised ramping.
6. Russians dispose of shares at current super high price, making, say, $200m.
7. EUA sells MT licence and RosGeo option to NewCo (the Russians and Firstov and possibly local authorities) for fair market value - say $30m (approx.)
8. Russians left with assets plus cash to develop them.
9. UK PIs left with shares in a grossly overvalued company. They suffer very heavy losses.
Vot tak!

tigerbythetail
12/9/2021
12:42
Are weekends getting longer?

This one seems to be lasting weeks.

excellance
12/9/2021
12:42
PATT, TMS, TBTT it's a Sunday, the markets are closed. Save all your best rants for when they might make a blind bit of difference. To see you flailing around like this, clutching at straws in the hope of making sense of something is almost tragic. Must be good news next week though, thanks for the early warning!
love_a_good_jubbing
12/9/2021
12:30
TMS....I do not put it down to luck. It is pure skill at managing the messages. This is a Covid19 era pump that would not have been possible before as so many fewer PI's had the time or money or used social media/bulletin boards as they do now.

Genius. Pure genius. Not luck. IMO.

purchaseatthetop
12/9/2021
12:29
Hi Mad Stork!
If it's what I'm thinking it is, this "scheme" wasn't pre-planned from 2 years back, but came into being (or at least came into clear focus) when RosGeo entered the picture.
It's opportunistic. But very functional.

tigerbythetail
12/9/2021
12:28
Thinking about it, that's probably it. Exactly it.

The beauty of it is that no insiders will be to blame. MT and the RosGeo assets will be sold to a third party Russian buyer for a provably fair market price of, say, $30m.

The Russians will have sold their shares into the open market to make both that $30m and a load of capital to develop those assets. Nothing wrong with that.

The directors of EUA will have done nothing wrong, either, legally speaking. They got fair value for the assets they sold.

It will all be the UK PIs fault, for having bought shares at such an utterly absurd price.

And the ramping operation (which is likely overseas based anyway) will vanish into thin air, never to be traced.

tigerbythetail
Chat Pages: Latest  3032  3031  3030  3029  3028  3027  3026  3025  3024  3023  3022  3021  Older

Your Recent History

Delayed Upgrade Clock