Eurasia Mining Share Discussion Threads

[charles clore] 18/6/2019 16:00

I did a dummy 2.5m sell and was offered 0.515p. No firm offer price for any quantity. Whoosh?

[amont92051] 18/6/2019 15:56

Interesting, just did dummy sell for half million, quoted 5.2

[mostyn] 18/6/2019 15:56

Some buying interest at last, perhaps in the expectation of news at/before the AGM.

[excellance] 18/6/2019 15:48

Why does the last rns state "CAN now report"?

[book5] 18/6/2019 15:43

I am not going to the general shareholders meeting.

[cool hand kev] 18/6/2019 15:41

7am RNS giving latest production figures?

[book5] 18/6/2019 14:43

Hopefully we get good news on the 20th

[charles clore] 18/6/2019 14:20

Penn - ridiculous isn't it? But not for much longer, I have a feeling in me water.

[pennstreet] 18/6/2019 14:06

It's simply unbelievable the share price hovering around 0.5p!!!!Huge potential

[aidenabettin] 18/6/2019 13:04

The laundry business is kept going by 'over subscribed ' placings that no one ever knows the origin of the funds. The money is filtered through a myriad of holding companies that are continually dissolved. Corrupt to the core and to the highest levels in the UK financial sector and all accepted with no questions asked..'PARASITES PARADISE'

[driver101] 18/6/2019 11:51

Looks like Z is out again. WK will not only keep the lights on but could one day add to our MT divi.

[charles clore] 18/6/2019 11:21

z - I don't know the answer to your question.

[zhockey] 18/6/2019 11:12

Ex, WK was supposed to keep the lights on whilst investors wait for MT.

No profit = placings and that's why the share price is going no where.

[cool hand kev] 18/6/2019 10:39

So perhaps EAU don't need all of Sinosteels $170 million investment?
Is it time for a prolonged upward share price move yet?
As it didn't need much volume to move the SP

[mostyn] 18/6/2019 10:32

CC,

It's not so much that the Monchetundra planned process hasn't been explained but we don't know how much they have actually achieved so far, and whether they are ahead of, or behind, their original schedule. They haven't as yet changed the timeline in their latest presentation but the times don't look like being met on what they have told us to date.

[excellance] 18/6/2019 10:31

Z, they talk about revenues and not profit for good reason. There are no profits yet, because all surplus cash gets reinvested as is normal in most growth companies. To declare profit means paying taxes, which would be a stupid thing to do. Surely you know that?

[book5] 18/6/2019 10:24

That that $50 million eua’s piece of work becomes the next in the programme to do
Rns means the excavation needed to arrive to ore to be mined.... With other words but that is my interpretation

So the 50millions are not required yet, but is a job that will need to be done in other for sinosteel be able to hand over the mine able to produce the 140k oz per year

[zhockey] 18/6/2019 10:15

Charles,

If the process is so clear on MT, what is required for Sinosteel to write a cheque?

[excellance] 18/6/2019 10:11

"staying tuned"?

More to come?

[charles clore] 18/6/2019 10:09

rr - thank you for your excellent research or could it just be that you have a good memory? Anyway Norlisk seems to take care of the smelting and pouring which is a specialism as it requires a high temperature furnace to smelt Pd and they are not cheap to build.

I am surprised there is still so much doubt regarding Monchetundra planned processes. We don't get regular updates because it has all been explained in previous RNSs, the web site and podcasts. Most of the time all people have to do is look back and read / listen to them.

[pennstreet] 18/6/2019 10:05

WK site video is up

[cool hand kev] 18/6/2019 09:46

red rook: ok thank you - sounds good

[red rook] 18/6/2019 09:32

cool hand kev,
Question: 'So does Norilsk Nickel have surplus processing plants available for EUA disposal?'
Answer: YES ... according to CS. See CS quote on 05 February 2019 from the 'miningmaven' link:



''Monchetundra project is within 6km of a town of 50,000 people, there's power, rail, and main roads. The infrastructure is fantastic, this is really unusual in Russia, for people to be so close to potential work.''

''There's even a nickel-copper refinery near the town. It's NOT RUNNING AT FULL capacity anymore, but there used to be other nickel-copper mines in the district which supplied it, so IT'S ACTUALLY RUNNING WITH SPATRE CAPACITY AT THE MOMENT.''

In a recent interview I also remember CS emphasised the fact that other existing mines in the area are running near the end of their mine life ...and that MT was the only mine to be granted licence in the area for a long time. So MT is ideally positioned both in its location and in timing to take full advantage of the situation.

[milste1] 18/6/2019 09:22

staying tuned...

(-:

[book5] 18/6/2019 09:08

Mostyn
I agree
Look the facts
Contractor investing in an improved washer plant, why? Obviously he is making money. So I trust CS when he said last year they mined around 160 kg
EUA asking for new license
EUA converting all original WK 25 km sq license sq into C1 reserves, or is for the the total 100kmsq area that includes the flanks???
All shows lots of confidence in the project
Sp Will go up sooner or later