Eurasia Mining Share Discussion Threads

[aidenabettin] 29/4/2019 13:16

And that is exactly why you very rarely get a TR-1 after bucket shop "oversubscribed" placings

[abrahe00] 29/4/2019 13:11

That's a circular argument though.... The only reason that it was over-subscribed is precisely because it was offered at a discount.

If they'd placed fewer shares at a premium with investors that actually bought into the story, we would've raised just as much cash and the share price would have been higher now.

Whenever there is a share issue at a discount, it simply means that the broker could not find suitable investors that buy on fundamentals. So, they offer it at a discount, hoping to attract the traders looking for a quick profit.

[charles clore] 29/4/2019 12:52

Just as a reminder to all who would criticise. The recent placing was over subscribed meaning that EUA could have raised more cash. But they didn't. Something significant in that imho. I am not worried, it will all come together handsomely for those patient enough to stay the course.

[excellance] 29/4/2019 11:54

FYI

I have created new threads for several companies, all developing mines or exploring...including RMM rambler metals (cu and au canada), ECR gold (Australia and Argentina), and W Resources (tungsten mine in Spain)

I have a small interest in all three.

[haut brion 58] 29/4/2019 11:30

Usual eua style rns:
...will be provided in due course when available; is expected to commence; results will be published in due course; as soon as practicable; are confident the discussions will lead to a positive result in the near term...

Hope this rns wasn’t released to appease a dissatisfied BB. Nothing much has changed since WK rns on 28 Jan.

HB

[excellance] 29/4/2019 11:29

I think we'll be down here a week or two before managing the share price rise onwards and upwards.

[amont92051] 29/4/2019 11:27

Book
You are having a laugh if you think they will/need to state what the queries are/were, there is info that is needed to be given and info that is not, this is not needed unless the application is refused. Let them run the company.

[cool hand kev] 29/4/2019 11:12

A share price drop to placing price is not unexpected with the new shares being released tomorrow - chill

[book5] 29/4/2019 10:55

The drop of objective is alarming from 745kg to two plants in 2020? I can write a better rns that explains things in detail. Certainly 2 plants must be the worst case scenario? What is the best?
Ok, stopping the wrtting now
GLA

[book5] 29/4/2019 10:52

Well, hopefully that opens CS ears
Market is brutal, they need to write rns thinking how to appease it

[excellance] 29/4/2019 10:50

40 again eh?

A little extreme perhaps...

[book5] 29/4/2019 10:40

Abra
Agree with you rns comment, rns is not good, we can se 0.40 again

Two issues in WK must not be mixed :

One is resources to reserves, what were the queries ? Detailed Reasons for no progress pls.

Second is, the nugget effect, Uraldreda needs one more year production to agree grade is better than bore holes projection.

Clear and loud, unless they are not totally transparent with what the queries were, the market will look this with suspicion: are there commercial reserves there?

CS can you ask Eua to write a complete rns please? Common pls, hidding trivial information Make shareholders suffer

[excellance] 29/4/2019 10:39

Optiva are paying 55 so it's unlikely they'll sell for less.

They could of course go short in full knowledge that they'll get their shares back later when the share price recovers.

Diversifying the shareholder base allows liquidity and short positions to be opened.

There could be a flash crash to gouge loose "investors".

[abrahe00] 29/4/2019 10:32

"excellance29 Apr '19 - 10:05 - 20637 of 20638
0 1 0
As I said, a neutral rns, but the market was expecting much more, the rns was designed to keep the good stuff back, drop the share price and allow Optiva clients in."

It's a simple supply and demand question.

It's more likely to be Optiva holders forward selling their discounted shares, cashing in on a quick profit.

Let's face it, it was yet another pointless RNS to cover up their incompetence and lack of any noticeable progress.

We need answers on:

1. Where's the updated resource estimate for Kulchiki?
2. Where's the financing for MT?
3. Where are the 2018 results?


AIMHO... DYOR...

[excellance] 29/4/2019 10:07

In fact, at 56.5 mid price fill yer boots.

[excellance] 29/4/2019 10:05

As I said, a neutral rns, but the market was expecting much more, the rns was designed to keep the good stuff back, drop the share price and allow Optiva clients in.

All part of the game.

Keep your seatbelts on, once Optiva are filled we can move on with the other half of today's rns.

[block4gooner] 29/4/2019 09:58

Those last 2 (250,000) trades are buys. I know coz me and Mrs just topped up

[book5] 29/4/2019 09:41

700 kg objective next year? We should know by the end of season when discussion finalised with Uraldreda, still very possible
Back to MT, by when the next update?

[johncasey] 29/4/2019 09:38

im out dog share..like waiting for eternity

[sclper] 29/4/2019 09:36

Whenever I have seen a company apply for a mining licence the authorities almost invariably ask for clarification/further information on certain matters.

[aidenabettin] 29/4/2019 09:35

More snakes than ladders here

[book5] 29/4/2019 09:35

Rns suggests uraldreda needs to be educated in gravel deposits,
Interesting!!!! As a result We may be able to reduce exploratory works, excellent if this is the case

[book5] 29/4/2019 09:33

I had missed the rns
I was right yesterday , the Uralnedra was not happy so EUA had to provide new info. This is nothing to worry, however we should know what the questions were .
Eua is not proactive enough, but learning from costly miss steps, nothing to reproach we are humans

[book5] 29/4/2019 09:14

Military service prepare you for war only if the training is hard
Same with the stock market
Get ready for the worst but enjoy the victory
Death or Glory for me

[excellance] 29/4/2019 09:10

I think it's mostly neutral, with a sprinkling of positivity.

We are setting up, will inform us later of upgrades and increased capacity.

A holding rns, the good stuff will wait until Optiva clients are fully loaded.