Eurasia Mining Share Discussion Threads

[book5] 13/6/2019 10:36

Eku

What I read in the past is that Hydrogen cell cars with hydrogen produced by renewable energy has by far less CO2 food print than Battery powered vehicles

So in the future pt Pd will go to the moon

economics and environmental issues are a reality market can’t escape from it, market analysts will act on this

So patience

[mostyn] 13/6/2019 10:29

I think if Eurasia keep posting on twitter that they are in the right place, at the right time, with the right assets, the market will eventually realize that there is money to be made in the shares and the price will suddenly move up to a higher level. Over the years I have been in many stocks that have done nothing for months/years (some of which I sold through boredom) only to find they caught the market's interest and from that point shot up.

[red rook] 13/6/2019 09:25

Good to see the continued strength of Palladium $1422/oz ... and rising !

Also, Platinum expected to follow .... #EUA Tweet: The 2019 forecast shows a significant increase in overall platinum demand. Demand in Q1 significantly exceeded the strong mine supply. Supply is expected to rise by 4% this year

[the deacon] 12/6/2019 20:10

Rhodium +7.5%

[the deacon] 12/6/2019 19:42

Rhodium +5%. We're producing as a by product at WK aren't we?

[excellance] 12/6/2019 18:59

To be fair, EUA were hoping to mine WK a decade ago, but economic events put a block on that, so in the end we are lucky to still be in business.

[russiaguru] 12/6/2019 18:29

Ex - cautious, I don't think so, he is a director of quite a few startups and microcaps

A cautious, super low approach doesn't really work.

I reckon he does base jumping in his private life but finds resource companies terribly tedious and thus runs them in a similar fashion.

Look at other companies and time wise are up to 900% quicker than eua.

[book5] 12/6/2019 18:19

Exc
Indeed
Good post

[excellance] 12/6/2019 18:04

my gut feeling is that CS is naturally cautious, and wont over egg the situation even if the evidence is very strong, and he will wait until there is conclusive and verified proof and acceptance by peers, before he starts delivering positively strong statements. For us little people we have our little pots of cash invested here and we all hope we will multiply that and sing a very positive tune in the hope our dreams come true, but CS has his reputation and a small fortune wrapped up in EUA so he isnt going to say or do anything out of turn.

Trust CS, be patient, all will be well...

[snowman100] 12/6/2019 17:50

.....'Now, what is the % of additional small fines to be captured this season? Hopefully another 0.1gr/c.m. We will know in few weeks'

I think it could well be many many times that ........we could be in for a pleasant surprise on next announcements.......got a gut feeling....can't put my finger on it but got a really good feeling about the way it is unfolding here.

[excellance] 12/6/2019 15:56

off topic, would any of you wise men/ladies like to take a look at HZM and share your thoughts please.

[mostyn] 12/6/2019 12:41

Eurasia on twitter:


Eurasia Mining
‏ @eurasiamining
1h1 hour ago

Eurasia Mining Retweeted Vox Markets Podcast

#EUA Dmitry Suschov updates @VOXmarkets:

◽️Alluvial miner with costs towards bottom of global cost curve
◽️One of a few #Palladium driven Companys available #Production #Platinum #WestKytlim
◽️Debt free balance sheet & finance for #Monchetundra arranged through Sinosteel EPCF

[book5] 12/6/2019 12:35

Zzzzzz.....zzz

[excellance] 12/6/2019 07:36

The raw platinum was about 72.5% contained metal.

The stated revenue was for the mine, very clear.

[book5] 12/6/2019 06:39

Current ratio prices Pd/Pt=1392/817= 1.7
Pretty constant any time I looked it

It may suggest conversion does not bring PGM savings to car manufacturers but security of shipments

[book5] 12/6/2019 06:31

Eku
Agree with you, they could have been clearer

[ekuuleus] 12/6/2019 06:11

The pod cast seemed to suggest EUA got that revenue. Never mentioned the contractor. Not making that clear was not exactly honest.

[book5] 12/6/2019 05:31

We don’t know what is the % of total raw PGM than went through the sieve, 5%, 10%, 20% ...., could or couldn’t be significant

Imho We will be mining btw 750 to 1000kg in around 2 years

From memory Without improved recovering grades and the flanks WK alone was valued in 50million ??

[book5] 12/6/2019 05:24

Includes the contractor

We only got 35% of that

From same rns 165 kg raw pt x 1000 / 31.1 x 0.7 x 1.05 x 825 / /1.34= £2.9 million , similar to the 2.7million given

165 last year raw pt production
31.1 gr Troy oz
0.7 to pure pt reference 28th May rns
1.05 credits
1.34 £/$
825 say Average or price

[ekuuleus] 12/6/2019 04:37

on those numbers, any palladium missed last year likely not worth attempting recovery. Platinum price hasn't improved much from last year. The process changes suggest some significance to what got through, but no information on that at all.

Can someone clarify the revenue numbers; is that total value including the contractor, or just the 35% EUA gets?

[book5] 12/6/2019 04:05

From 15th of May rns

In summary the total mine revenue for 2018, was £2.57 million which is composed of the following revenues:


Grams Chemically Pure GBP

Platinum. 112,597gr £2,294,267
Iridium. 5,416gr £30,101
Palladium. 418gr £12,798
Rhodium. 654gr. £40,055
Gold. 994gr £196,108

Total. 2,573,329

[excellance] 12/6/2019 02:36

Until this year CS always referred to WK as only plat and gold, but it appears that with the nugget effect and new technology we get other high value pgm credits too.