Eurasia Mining Share Discussion Threads

[firestarter1] 13/12/2023 15:54

The Company's cash assets at 30 November 2023, were approximately GBP517,000. Mcap £60m ouch ouch.

[amanitaangelicus] 13/12/2023 15:28

Putinista Minerals Resources buying this for peanuts.

[vimster] 13/12/2023 15:22

This will come good. Buyers at the table. Lucky those who buy in now.

[cerrosdelaguila] 13/12/2023 15:01

Soon approaching " We know of no reason" territory

[petersmith6] 13/12/2023 14:58

So the larger investors will wake up sometime tomorrow ish and off we go...slowly

[bobbin1964] 13/12/2023 14:51

It was dismissed around 11:30

[wj12] 13/12/2023 14:32

No article but few big buys yesterday, probably expecting the case to be dismissed today. Market makers raise the price but still no sale but never mind good news about the case so we will raise the share price and snare a few mug punters

[petersmith6] 13/12/2023 14:28

I've been fortunate to go to the enorgaration of one of these.. we had a band and a party in the bucket...There realy big and move things..hill's..mountains ..anything that's in the way..

[petersmith6] 13/12/2023 14:24

There are many here who would settle for 10 p and a packet of mints

[ekuuleus] 13/12/2023 13:54

pump and dump. Can you point to some article to pump?

Dead cat bounce. Very likely. Would not surprise some naked short sellers buying back to close position.

Bounce higher. Very unlikely. If you still hold, the gods are being kind to you.

[cerrosdelaguila] 13/12/2023 13:08

I wish it'd bounce a little higher. To 20p if possible :(

[bspgamer] 13/12/2023 12:08

Dead cat bounce

[bobbin1964] 13/12/2023 11:32

Case dismissed

[wj12] 13/12/2023 11:01

Pump and dump happening today

[simondunmore] 09/12/2023 16:46

https://x.com/crazyclipsonly/status/1733456710042304687?s=46&t=Ej7n8mtyYtDq9goPMTEGtQ

[excellance] 09/12/2023 15:50

As an investor into EUA from the Anglo days, the WCF note was not of any interest to me. It was merely a research note using information already in the public domain.

Yes the Kola assets were mined by the Soviets until 30 years ago, but they mined for nickel, and EUA are looking at PGMs.

The WK development was always going to require capital, as every mine does, to get off the ground. It is a low cost seasonal surface mine and can easily be mothballed when PGM prices are low, and this is what has happened. The PGM produce up til now is subject to terms of a deal, and my guess is that the potential buyer wants to pay the current price and not the price when it was mined, so it's in a vault until prices rise again.

[wj12] 08/12/2023 13:38

Is EUAs assets were that good, it would be sold by now.

[excellance] 08/12/2023 12:28

Do you honestly believe that investors would invest tens of millions without due diligence?

Ok any sale process is always uncertain in every way, but the assets are real.

[excellance] 08/12/2023 07:58

No, that's just rubbish. Investor presentations should always be considered as best case scenario.

The fact is that markets swung against us and you got lucky.

[jaknife] 08/12/2023 01:04

excellance,

"It's not looking good, and all thanks to the ridiculous sanctions as NATO numpties threw their toys out of the pram when Putin once again thwarted their globalist plans."

It's nothing to do with sanctions and nothing to do with NATO, it's 100% to do with Eurasia ripping off retail shareholders with a fake takeover scam.

But ... but ... but the Ukraine war you irrelevantly warble!

The Russian invasion of Ukraine started in Feb 2022, well after Eurasia's directors had paid ACF Equity research to put out the most corrupt research report of all time that had the title "Does Monchetundra make EUA a £1bn+ play?" (dated 3 February 2020). Eurasia's director paid ACF to put out outrageously scandalous forecasts with the aim of sucking in retail investors to buy buy buy buy buy!

ACF told investors that in 2021 EUA would have revenue of £341.2 million and a profit after tax of £164.1million!!!

The actual revenue was just £2.3 million and a loss after tax of £3.1 million.

see:

No was the answer, Monchetundra did not make EUA a £1bn+ play. However, it made for a great story to sell to retail.

And on the back of that story Eurasia raised $45m of fresh equity in three separate placings ... and now all of that money has "disappeared".

There's no point blaming sanctions and NATO, the only people to blame are your directors, ACF Equity Research and yourself for falling for being so gullible to fall for the story to begin with!

JakNife