Eurasia Mining Share Discussion Threads

[purchaseatthetop] 19/9/2021 20:39

jaknife....the famous Cardiff PhD Geology thesis I posted about that forms the "facts" behind the EUA investment case.

Bloody students eh?

[purchaseatthetop] 19/9/2021 20:31

Love it TDT. Love it.

[love_a_good_jubbing] 19/9/2021 20:09

Haha you dismiss the past when it suits. The past is all that matters at WK according to the bears!The 'facts' chosen about why there will never be a sale are based on the past. Nice to see you looking to the future. Won't be around in 2 years though, this will have sold way before then.

[rotixan] 19/9/2021 20:08

Never let the facts get in the way of a good story.

[purchaseatthetop] 19/9/2021 19:49

As Josef Stalin said to Churchill "the past belongs to God". Over the next two years it will be a lot less profitable to go long on EUA than short.

[love_a_good_jubbing] 19/9/2021 19:47

I'm sure it would give the Board sleepless nights to see you criticising their abilities in mining. One fact remains. Over last 2 years it has been a lot more profitable to go long on EUA than short.

[love_a_good_jubbing] 19/9/2021 19:45

No. I'm not saying that about the Board ref ACF. Nobody will know what they think. I'm saying you can't assume the numbers are what the board have said to put. Because they won't be. ACF follow the hype for sure but the RNS itself is what caused the share price to rise so strongly. Their reports followed. You have the sequence totally wrong yet again because it suits your narrative. I doubt the Russian investors who bought heavily even saw the report. People like Kogan far more influential than ACF.There will never be a sale until there is a sale, your certainty is your weakness as ever. No doubt you will deny it is going to complete once the sale is announced.

[trickydickytwo] 19/9/2021 19:38

Page 60 of the 2020 Annual Accounts.

Salaries and Allowances:-

C. Schaffalitzky - £85,008
J. Nieuwenhuys - £107,067

hxxps://www.eurasiamining.co.uk/investors/financial-reports

For the sake of accuracy.

TDT

[purchaseatthetop] 19/9/2021 19:36

jubbers.....so what you are saying is that the BoD disagree with the ACF figures when the ACF report says that they were given the data by EUA?

The ACF Report (paid for by EUA) and the Zak Mir podcast (paid for by EUA via ACF) were released with the RNS (written by EUA) to ramp the share price. Lots of influencers on social media and bulletin boards pushed the storyline. Many PIs get involved in the mad belief that a "massive dividend" is imminent.

To me it was as clear as day what was happening and I just had to close my sells at a small loss and wait for the moment to open a new one (which I did at 34.5p and posted about it).

We all know what is happening and it is not an imminent sale. Because that is just impossible without a DFS. The RNS also stated that the MT DFS was in the final stage of a part of its development, not in the final stage of completion. Incredibly clever by the BoD to tie that up with the new drilling (which was amazingly being done and paid for by Rosgeo though it never clarified if the drilling was a borehole for water or anything relevant to EUA).

I just cannot wait to see what the BoD comes up with next. They are really gifted....just not at mining.

[soilderboy] 19/9/2021 19:30

We all need cash boy to live !Everyone at their own level hey!

[love_a_good_jubbing] 19/9/2021 19:22

You know I don't value the ACF report that much. It will do well to generate $5-10m profit in my eyes. It also says 28.2m on their website page for 2025 at WK but I don't doubt you have seen 78m elsewhere. As for this tired nonsense about ACF being paid by eua. Yes they are. But how do EUA ever tell them their numbers are wrong without making ACF an insider? The simple answer is they don't. EUA have a decision on whether the reports are released. A report being released don't mean the figures are what the Board are thinking is correct. And I know you know all this, just you choose to ignore it.

[russ42] 19/9/2021 19:14

A great time to buy if you believe 1Liam and all his merry rampers. They are selling while all the new newbie cult followers are buying. What happened to 60p 80p £1. The reality is last five days. MINUS 1.99%. minus 5.8%. minus 10.77%. minus 5.39%. Can you see the pattern????. Or do you still listen to the mad rampers. No doubt i will be slagged again by the mad rampers.Your money your choice.

[purchaseatthetop] 19/9/2021 19:12

Jubbers....the ACF research report has WK producing £78m pa free cashflow from WK. That report is paid for by EUA. The DFS should back that up. Where is it?

Anyway....we will see what happens next week. The East is Red.

[love_a_good_jubbing] 19/9/2021 19:04

Already commented on that, they have the DFS and are executing their strategy. Don't see many investors demanding to see the details on something that is a small percentage of the company. Just you bears trying to dramatise a non event. I've noticed EUA add the flanks to their licences, I've noticed them secure a deal with Rosgeo to provide a lot more cobalt copper and nickel resources when notarised agreement executes for a 75% share.I've noticed the share price increase from 0.5p to 26p as well. I've noticed them favour an offer from a credible party for a substantial asset sale instead of a whole company sale (as in MT and WK at that time).These are all facts beyond dispute from RNS.

[purchaseatthetop] 19/9/2021 18:52

Jubbers....and a comment on the missing WK DFS? Looks like we will not be quiet as there is no chance of an asset or company sale. Any share price ramp rapidly deflated....as you can see. Today 26p odd. Two weeks time back in the teens.

Have you not noticed that EUA has been trying to sell itself for years now and the queue of buyers....well there isn't one. Nobody wants to spend billions on a snowy wasteland in Artic Russia where there is not even a DFS.

[love_a_good_jubbing] 19/9/2021 18:47

That is so far from the truth it is laughable. Nobody had posted for a day, it was you and StorkyBoy chatting nonsense that drew in my comments. Must give you a sense of purpose to try and 'win' here. The only thing that will see you quieten down is a rising share price and asset/company sale. Same old patterns of behaviour.

[purchaseatthetop] 19/9/2021 18:27

jubbers...this is the Bears Thread. It is my hobby. Telling the truth about EUA. I am sitting on my terrace having had a lovely dinner and watching the Mighty Chelsea win 3-0 and sipping a beer. Back to London Tuesday. I enjoy the argument.

I have always said: leave us alone and we will get bored and stop posting. It is only you and your friends posting here that makes it so fun (and profitable).

[purchaseatthetop] 19/9/2021 18:25

Jubbers....the WK operation is about the same size as the Hoffmans on Gold Rush. Three small washplants producing PGMs at a loss. There is no difference between one plant and three plants. If the reosurce is not there you simply lose more money.

In any case WK is more maskirovka. It is being done solely so the BoD can say that they are mining something. Otherwise what is EUA? Nothing. I love the point that you make that WK will make money "this year or next". If it has been unprofitable in the past then the BoD are incompetent. I bet the shareholders have the patience to wait for next year.....NOT.

[love_a_good_jubbing] 19/9/2021 18:22

And then there is the overarching fact that you guys continually turn up with all these repeated negative attacks on a company on the weekend, is there not better things to do with your time ?I would question my own time but given I gain a hell of a lot more for every penny gain then perhaps that is the answer.

[love_a_good_jubbing] 19/9/2021 18:20

A month ago you denied JORC or a mining plan were underway, despite others knowing that drilling had taken place in 2020/21. Now you say they will have little impact. That is the goalpost shifting. Just look back at your posts to see every time you called it wrong in the past and I think that is a better guide to what will happen next to be honest.

[love_a_good_jubbing] 19/9/2021 18:18

It hasn't had 3 washplants before. It barely had one operational 2018-2020 but they were getting things sorted for this year onwards. Nobody expected it to be profitable in those circumstances. They have gone from subcontracting the operation out to owner operated, a huge step. How many other exploration firms go all the way into production on their discoveries ? Not many. You miss out so many relevant facts in your slurs that it does you no favours.

[purchaseatthetop] 19/9/2021 18:12

jubbers.....you make a noise but make no sense. Why would WK make a profit. Never has. Never will. The limited data released with resource data shows that. No point washing rocks for fun. You can make a small fortune doing that...but you have to srtart with a large one.

[themadstork] 19/9/2021 18:11

Jubbing:

It is very simple:

1)At present I make EUA to be at bare minimum 20x overvalued, and more like 50x ex cash.

2)If they were indeed to spend 3-4 years doing all the things PATT mentioned and (and actually bothered releasing the data lol), the current mcap ex cash might be only 10x overvalued.

Absolutely no goalpost shifting, merely a reiteration of the absolute stone cold financial fact that EUA is vastly overvalued and there will never be a sale.

[love_a_good_jubbing] 19/9/2021 18:09

Ekaterinburg and Kytlim that should say before you accuse me of not knowing where it is.