Eurasia Mining Share Discussion Threads

[driver101] 23/4/2019 22:10

This Thur is the date I put on books list for the company changing news but don’t hold your breath.

[book5] 23/4/2019 20:36

Some hydrogen fuel cells companies from aim are doing very well at the moment
The market needs pt Pd, prices should keep going up

[book5] 23/4/2019 20:19

Cc
We will know when The two new projects you refer to are incorporated into the overarching program which last published version was inside the Octiva report.

We have limited resources so they will prioritised what needs to be done first, either generate clash flow ASAP, or perhaps do first what has the potential to rise the share price the quickest so that they can sell shares more expensive and reinvest the proceeds to grow even quicker.

Decisions, decisions.....probably eua has already created new revision of the whole programme. We were promised rns on WK mining expansion strategy before season starts, very soon now

[charles clore] 23/4/2019 18:59

ex - +2 other new projects. The flanks will need surveying and drilling at West Kytlym and Monchetundra and I don't think it can be done in a season but wtfdik?

[excellance] 23/4/2019 18:28

The race is on...

Eurasia have contracted out prep work for MT, and that will take a few months.

Those months are crucial for Eurasia because at the same time we are hoping to ramp up WK significantly, tho how significantly remains to be seen.

I think the rrsults will show that in the last year we have been a loss maker again, but probably for the last time.

We are quickly transitioning from loss making explorer to profitable producer.

We really need to go all guns blazing at MT to maximise cash flow in order to reinvest and get to full production asap.

We have a team drilling and planning WK and they'll probably stay there for the foreseeable future.

We are likely to also have people on site at MT now, and certainly going forward.

I can also see a new project for our very competent geologists to explore in coming years.

Exciting times.

[book5] 23/4/2019 17:00

Cyber

I was describing a worse case scenario whereby we nay need an extra $12.5 million (10 million £) (half of the $25 million).

We are doing $50 contract for sinosteel, we don’t know the margin of it. If margin is 25 million then we will not need extra financing. But as CS said he is not sure that will be the case.

We may need to raise nothing ,or even more than $12.5 million. We don’t know.

All speculation but I believe the role of the mining operator , and , preferential treatment to buy palladium could have some value to sinosteel, which could reduce our final contribution

[cyberbub] 23/4/2019 16:53

Book5 your post 20338.Can you explain why we would need to give away 66% of MT to raise a modest shortfall in our share of the funding? I'm interested to see why you think that and the maths - I'm not being cheeky.Thx.

[letmepass] 23/4/2019 16:34

More sells than buys today.. Go figure

[excellance] 23/4/2019 14:00

Tweet from Alexei

Musical reference to Slades 1976 album called "nobody's fools".

Great band, still touring, my favourite slade album is "play it loud" the song "dapple rose", tho I do like "slayed" too. The track "let the good times roll".

[excellance] 23/4/2019 13:25

Another tweet today referring again to 16.5x upscale from 2017 to 2018, and unless they are planning a similarly large upscale then it is a little misleading.

However, if they were to work towards trebling or quadrupling last year's bounty then I'd say it's fair enough, but a mere doubling would seem disappointing...

Now where is that plan, permit, upgrade?

[excellance] 23/4/2019 12:44

Everything is quiet today with the exception of oil related companies as oil price hit a 2019 high.

Lots of people still off work on their jollies.

[charles clore] 23/4/2019 12:39

Alexei seems to be quiet today. probably busy getting ready for WK launch 2019..

[cool hand kev] 23/4/2019 12:29

We all have different agenda's share price targets and timescales
Do we expect the share price to remain unchanged until the new shares are released on to the market
ie next Monday assuming that we don't get news B4

[aidenabettin] 23/4/2019 12:20

hTTps://members.tortoisemedia.com/2019/04/23/barker-19-04-23/content.html?sig=j6IV5n_HU7st7tbpt2ZB5SJ1EO_eELgeHUfv1zrj32s&utm_source=Twitter&utm_medium=Social&utm_campaign=23April2019&utm_content=Lording_it_Greg_Barker

[book5] 23/4/2019 12:08

Even if we need to give 66% of MT equity to sinosteel to raise funds to cover any shortfall towards the $25 million , 3p is achievable in 5 years (this is approx equivalent to 9p without the hypothetical 66% dilution).
We will make money, questions are, how much and how long we need to wait for it

[charles clore] 23/4/2019 12:07

abra - If I am to clarify a statement made by you what choice do I have but to include your logic in my question? So why don't you sell? I couldn't remain invested in a company that I didn't believe in just for the sake of a few percent.

By the way I agree a penny would be very nice and it isn't as if we haven't been there before either so it is eminently possible in the near future imho.

[abrahe00] 23/4/2019 12:03

Just getting to a penny would be nice. Never mind 10p!!!

[johncasey] 23/4/2019 11:55

just bought zioc ..gonna rocket by all accounts

[cool hand kev] 23/4/2019 11:48

I think that 10p is a bit of excessive ramping
But I would like to be proven wrong

[abrahe00] 23/4/2019 11:29

CC: Please don't quote my logic back to me when you clearly do not understand what I'm saying!

If an investor's strategy is to trade on smallish, 15-20% margins, then the small differences do matter! But, if like some on this BB, you think this is going to hit 10p, then a 0.03p difference IS immaterial if you are thinking of buying more.

[charles clore] 23/4/2019 11:05

areh - using your own logic whether they're at 0.57p or 0.60p should make very little difference to your selling decision. Ffs why dont you stop littering the thread with negative comments, just sell and move on if you are not happy?

[driver101] 23/4/2019 10:24

WK Up and running very soon with increased production, MT, mine to start building this year targeting 130k oz pa.

00
Do the maths, if you need your cash then sell up.
Most on here are comfortable with their investment and can wait for pay day 8 -10p is my target.

[abrahe00] 23/4/2019 10:14

Penn, I'm not fishing for anything. On the contrary, I just want these to move north a bit so that I can sell out.

I don't believe these will rocket anytime soon. But, if you do, then whether they're at 0.57p or 0.50p should make very little difference to your buying decision.

Optiva don't believe in the "rocketing sp" theory either. Otherwise they would not have placed the shares at a discount.

AIMHO...

[pennstreet] 23/4/2019 10:02

You're fishing for cheap stock, abe!