Eurasia Mining Share Discussion Threads

[book5] 18/7/2019 06:50

Another $100 in pt would be marvellous...carry on pls

In the short term 906 is where I think it is going to....

[excellance] 18/7/2019 05:33

Don't want to get too carried away but pt could be 900+ by month end at this rate!

Nickel going great overnight.

Copper is still the laggard.

Hard commodities are on fire, precious metals breaking out across the board, I have a good feeling...

8)

[cudgietoo] 18/7/2019 00:36

My Maud keeps bleating on about an overdue pay rise that's still under negotiation.
I tell her "Don't worry, the longer it takes, the bigger the lump sum"

Little does she know the agonies I'm going through!

[red rook] 18/7/2019 00:23

snowman100,

You left out the sentence in the RNS -dated 26th March- which goes on to state ...''The Report is a statutory requirement AND IS ON TRACK to be completed and approved.''

As CKE have been a 'long standing working partner at the Monchetundra Project, who have managed drilling and exploration programs through the project's development..' they would already have a lot of the knowledge and the data required to prepare the Report.

The second quote in your post - RNS dated 15th May: is from the Annual Report and Accounts RNS - which is giving a highlight of the 2018&2019 period. In the 2019 Operational Summary Section they are again highlighting the CKE appointment. It does not detail the progress that is being made.

Further, I believe that the report needs only to be 'submitted' within one year of the issue of the mining permit ... the approval within that time frame is so that EUA can keep to their project timelines. In the same RNS - dated 15th May - it goes on to state ...'a statutory reporting requirement TO BE SUBMITTED within a year of the issue of the mining license.

[charles clore] 17/7/2019 23:54

snowy - just more cannon fodder for russ!

[snowman100] 17/7/2019 23:16

Detailed Project Report

RNS 26th March
....'CKE, Eurasia's long standing working partner at the Monchetundra Project, who have managed drilling and exploration programs through the project's development, have been awarded and have now commenced work on a Detailed Project Report ("Report"), required to be submitted and approved within one year of the issue of the mining permit.'....

Looks like this was not yet submitted to Russian Authorities at 15th May.

RNS 15th May
.....'Following site visits and meetings in Monchegorsk in January of 2019, a contract was awarded to the Central Kola Expedition, Eurasia's exploration programme coordinator which has also worked with B2Gold, Norilsk Nickel and Barrick, for the design of a Detailed Project Report; a statutory reporting requirement to be submitted within a year of the issue of the mining license. Land surveying to mineable detail is planned for later in the year -this is an essential item necessary for mine site planning'

They have about 4 months to get this approved by Russian Authorities......it says in the RNS we are fast tracking it.....I hope the Russian Authorities will as well ! We have had from November last year to get this submitted....The Russian Authorities have taken ages to approve things before.....we don't have any control over that.....I hope they approve it before November 20th !

CS/DS you had better ask the contractors to pull out all the stops on this one pronto !!

[snowman100] 17/7/2019 18:27

IMO there is no reason we won't see 1500 again soon.
Palladium practically doubled in a year. Platinum can do the same.

Glass is 99.999% full.
Aim High Go Far.

[excellance] 17/7/2019 17:20

The thing about platinum is, the price has been falling for 5 years, from $1500 in 2014 to 767 in August last year, so the deisel issue isn't the reason for the fall in price, tho it didn't help it recover.

The low price has meant south African mines have not been sustainable for years...

We are now seeing a recovery along with other precious metals tho I doubt we'll see 1500 any time soon.

1000 is easily possible, probably 1250 in two years.

As pt rises pd supply will increase so it probably won't ride much further from the current very high price, tho all precious metals will increase on the same tide.

Rising pt price will support the eua share price

[book5] 17/7/2019 15:23

Pitty China USA trade war is putting s a break to PGM price strength

[excellance] 17/7/2019 15:23

STP must look very attractive right now, all that gold and silver!

Doh we developed the wring asset ffs!

Pt will recover this year, but look at gold and silver!

I wonder what STP is worth at these prices?

[excellance] 17/7/2019 15:10

Short term the pt price should influence this significantly. Every dollar onto the pt price goes into the kitty

[charles clore] 17/7/2019 15:08

I hope that polymetallic deposit at MT contains a good helping of silver cos it looks like it is starting to sprout wings!

[excellance] 17/7/2019 15:07

Just a suggestion, but if gold is your thing rather than PGMs, altyn are very similar to Eurasia but gold. I have a small holding there.

[excellance] 17/7/2019 15:05

Ethanol and red radiant heaters...

And mits for the boys.

[ekuuleus] 17/7/2019 14:33

I was thinking poly tunnels.

[fillupmaz] 17/7/2019 14:31

I picked up another 1m today under .47... Despite the uncertainties, my confidence is growing following the podcast. DS has a plan to maximise the value of all our assets, so right now the share price seems less important in the short term. Things are happening behind the scenes. My guess is that within a year holders will be winners.

[excellance] 17/7/2019 14:17

Can easily sell 2m of these online, so there is demand, someone is picking these up cheap with a longer time horizon than many on here.

Crazy to sell, crazy not buying all you can reasonably afford is my opinion.

[snowman100] 17/7/2019 14:16

According to long range weather forecast in urals expected temps week 4 October 2019 are between 6 degrees in day and 0 degrees at night.
2nd week November expected 2 degrees day down to -3 degrees at night.

So looks like they are expecting a milder than usual end of season.

25 Oct RNS last year said season is fininshing......so if we're lucky could be still in production for all of October and even 1 or 2 weeks in November......would make up for late start.

[book5] 17/7/2019 13:49

May be you can ask to Eua?

AB said in last year video vegetation grows back

[russiaguru] 17/7/2019 13:43

What's their decommissioning cost as Wk is pretty desfructive

[excellance] 17/7/2019 13:31

Bubble wrap?

[cool hand kev] 17/7/2019 11:38

So much for global warming.
I would think that with a bit of imagination they could prolong the season,
obviously if it remained economical.

[russiaguru] 17/7/2019 11:34

Couldn't they get an old soviet water tanker bury it and recycle the water during washing so they can work 9 months of the year.

Wonder what the cost would be or simply have an insulated tank and recycle the water and move as required.

[snowman100] 17/7/2019 11:34

Started 3rd May last year..my guess 2 weeks later this year. Might be later at end of season this year though...you never know.

[book5] 17/7/2019 10:58

It was freezing cold
Even AB complained cold weather lasting too long
I am not sure weather they started earlier, but if they did most probably they stopped, let the bad weather pass, and then start again