Eurasia Mining Share Discussion Threads

[bspgamer] 20/12/2023 08:39

Dead cat bounce the money runs out in March

[cerrosdelaguila] 20/12/2023 08:37

Well we're not in the 1p club as many had predicted / hoped for .

[petersmith6] 20/12/2023 08:25

Having done business in Russia it unfortunately makes perfect sense.

[ekuuleus] 20/12/2023 05:47

Ok peter. Interesting.

2022 and before, there was mining happening. The idea that not mining is an advantage as it allows for mining is somewhat a contradiction in logic.

I bit like management saying 'we cant do that because we would have a single point of failure.' Far better to fail than risk a single point of failure.

[petersmith6] 19/12/2023 16:45

Nope.. most of my family were miners, coal and metals (precious and non precious) So know enough to know there's money to be made here.

[ekuuleus] 19/12/2023 16:24

petersmith618 Dec '23 - 17:57 - 76614 of 76616
0 0 0
Indeed.. but we now have the following options..sell a ready to run mine..rent it out...or start mining..#

Ah, management.

[petersmith6] 18/12/2023 18:16

There will be a sale.. to some courpt Russia outfit at a knocked down price.

[petersmith6] 18/12/2023 17:57

Indeed.. but we now have the following options..sell a ready to run mine..rent it out...or start mining..

[ekuuleus] 18/12/2023 17:50

I fond it stunning the rns waslooking forward to 2023 mining with electric drag lines. Only to be told at the end of 2023 nno mining. The board lied. Did the electric drag lines even get installed?

Im evem more stunned at the lack of anger of the remaining share holders.

[petersmith6] 18/12/2023 10:39

Not a bad pullback. So a little breather before news over Christmas or a Christmas ramp

[jaknife] 16/12/2023 18:37

If they’ve changed then why is it that year in year out Eurasia keep losing money mining their mine?

Have you notice that all the money has gone? They raise $45m at peak ramp and yet all of that has gone now and they never made a profit once!

[petersmith6] 16/12/2023 16:00

Mining and extraction techniques have changed since then.

[jaknife] 16/12/2023 13:37

I’d be surprised if the Chinese bid for the “assets”. I’d be amazed if anyone would be so stupid as to bid for the “assets”!

The supposed “assets” were extensively mined by the Russian state from c. 1930 to 1990 before being abandoned. And the supposed “assets” have never generated a penny of profit for EUA in all their years of ownership. Indeed the recent accounts very clearly show that the cost of getting the shiny stuff out of the ground has always exceeded the price at which that shiny stuff could then be sold!

It’s difficult to imagine why anyone thinks that the “assets” are worth more than a big fat zero!

JakNife

[petersmith6] 16/12/2023 13:30

I wouldn't be surprised if the Chinese made a bid for the Russian assets. Hopefully at a reasonable premium. The issue is what would they do with the money.

[cerrosdelaguila] 15/12/2023 13:40

Well it's been an interesting week. I'm still holding too many at a much higher price, but will stick it out until the end game. I'm sure there'll be a mini rabbit to be pulled out of the hat . But nothing can be sure of on AIM. Good luck to anyone else holding here

[jaknife] 15/12/2023 00:07

Spacegazer,

"Why are you on this thread if you hate so much......deramper.....lol"

If you scroll to the top of the page you will see that the title of this thread is:

Eurasia Mining: The Bear Case

We all think that Eurasia is a pile of poo here.

JakNife

[spacegazer] 14/12/2023 23:49

Why are you on this thread if you hate so much......deramper.....lol

[wj12] 14/12/2023 20:06

Lots of ramping taking place on LSE, just like the old days. EUA has these fantastic assets that for some reason still haven't sold after nearly 4 years.

[purchaseatthetop] 14/12/2023 11:18

EUA pays its legal bill and now has even less cash. Cue calls for sale RNS!

[firestarter1] 14/12/2023 10:49

Ridiculous this should not be up 40% The bottom like is itsovervalued and there is no sale

[cerrosdelaguila] 14/12/2023 10:47

I thought that clearing large amounts of stock involved selling

[bspgamer] 14/12/2023 09:10

No sale it just allows the non executives to clear their huge amount of stock

[valentine73] 14/12/2023 07:50

Looks like a good start ahead today. Legals are resolved. Sale rns next please