Eurasia Mining Share Discussion Threads

[russiaguru] 26/7/2019 19:47

Book do you reckon optiva clients brought into that

[book5] 26/7/2019 19:42

7. Broker den
-Dragon: How much can I loose if I give you 500K?
DS-20%, only if something does not go to plan during the first year
-Dragin: But if I hold and don’t sell, How much will I make?
DS-100% worse case in 4 years,, 2000.% most probably case in 5 years

Dragon1: Deal done, give me another 500k worth if shares st 25% premium, no warrants still ok with me

Dragon 2- Sorry I offer to buy at 35% premium

Etc...,

We are going to make money, question is how much and when

[book5] 26/7/2019 19:38

See you 25 mins

[driver101] 26/7/2019 19:28

6.
Are you a producing platinum miner on the Aim market with massive upside.
YES
Say no more.

Dragon,
I will give you £100m for 5% of your company.

[russiaguru] 26/7/2019 18:15

Imagine eua being on dragons den

1. When do you expect to have Mt up and running? Don't know
2. What's the current cash balance? 175k
3. Have you anything outstanding with the Russia government? Yes, Wk, and Mt, both not complete, hopeful of completion soon.
4. Any concrete dates for anything? Yes, Mt report, end 2019, Wk report, end of 3Q, epc end of 2020
5. Any additional funding needed? 23m

Get out.

[excellance] 26/7/2019 17:18

If you want to wait, allow all the risk to be removed, then make your move, do you think you'll get a buy price of 0.47p?

[book5] 26/7/2019 17:06

Remember Sinosteel said is happy to work with eua subsidiary to deliver Mine to production
As far as I know Sinosteel has at least a representative working in the Ural region in another industrial deliverable.......

Good weekend all

[driver101] 26/7/2019 16:50

Cc

:)

[charles clore] 26/7/2019 15:10

driver - thanks for that, the interview is definitely worth listening to more than twice. It is a mine of information.

[driver101] 26/7/2019 14:46

I think the company are reading this thread and have Tweeted.

#EUA @eurasiamining #Platinum #Palladium
𝙍𝙚𝙘𝙚0419;𝙩 𝙌&ҳ80; 𝙬𝙞𝙩𝙝 𝘿𝙢𝙞𝙩0423;𝙮 𝙎𝙪𝙨𝙘0413;𝙤Ҵ27;
◽️ Q&A session where Dimitry answered questions investors had for the company, as well as provided an update on the progress Eurasia Mining has made

[zhockey] 26/7/2019 14:30

Didn't some chap take 6% of WK?

[excellance] 26/7/2019 13:53

£2.57m rings a bell

It's in the results

[ekuuleus] 26/7/2019 13:53

x 0.97 for the refiner cut
x 0.85? because it's unrefined platinum and not pure.

cant remember exact 2 numbers above.

[edit]
ah sorry, missed your 3% refiners cut

[charles clore] 26/7/2019 13:50

Not exactly but I would estimate roughly £21000 x 30/100 x 165 less 3% processing costs.

[zhockey] 26/7/2019 13:05

Ah my apologies I thought you were referring to revenue!

Do we know the revenue from 165 KGs was?

[charles clore] 26/7/2019 12:19

zh - the £12m I referred to was the market cap. It's now £11.44m!

[abrahe00] 26/7/2019 11:18

zhockey26 Jul '19 - 10:52 - 23332 of 23332
0 0 0
AB - Did they not sell a stake in WK, was that the 300k?

I don't recall anything like that. There is nothing stated in the accounts.

There was income from f/x sources that add up to just over £320k, Is that what you are referring to?

The £300k I stated is just the net difference between Sales and Cost of Sales.

E.

[zhockey] 26/7/2019 10:52

AB - Did they not sell a stake in WK, was that the 300k?

Very interesting impairments there.

[rhuvaal2] 26/7/2019 10:44

almost everyone here has an agenda, or they wouldn't be bothered to post at all: to embellish or tarnish elusive facts is natural when there is a shortage of news. I am staying put yet look forward to reading many more intelligent 'clean' posts.

[driver101] 26/7/2019 10:13

All IMO is going to happen around the same time WK update multi wash plants will be announced the $50m will be released and MT will be on the horizon this share price will be history and the company transformed. Get the party started.

For now back to work.

[abrahe00] 26/7/2019 10:08

Zhockey: They were actually cash positive last year to the tune of around £300k. Given that WK was the only source of income, it's safe to assume that this was all down to production there.

The reason for the large loss is hidden away in Note 9 from the accounts. See below...

Impairment of investments (450,936)
Loss on debt settlement (60,405)
Net foreign exchange loss (903,427)

I did ask the company for clarification on what "investment" they lost £450k on and why the f/x impact was so huge. I don't think I ever got a reply...

E.

[zhockey] 26/7/2019 09:46

Ek,

If they can't make a living out of $12M (CCs figure) then what's it going take?

[ekuuleus] 26/7/2019 09:37

I don't find having a pop at a poster useful. Positive or negative regarding specifics on the company is fine. Language like 'troll' is actually noise. In politics, if you can't argue the case, character assassinate the person.

Frankly, I have a tendency to filter the oxygen thieves that post about posts.


WK is mainly platinum and that's up significantly up in price this year. That's fantastic for the sub contractor as their profit margin is geared. It's good news for EUA but EUA is not geared on PT price, but will still get a boost due to it's own costs.

The margin has improved from 30% to 35%.

The wash circuit has been improved to also capture palladium. For the same amount of work, we should capture a lot more.

Dmitry has posted strong hints at higher recovery. I also get the impression there was insufficient stock piles last year and processing suffered some stoppages. Material was stock piled prior to processing this year. In addition to less stoppages, there is an addition shift running.

On the down side, historic performance is a life style company, paying the directors in money and shares, and raising funds from market for 20+ years. The idea that directors hold lots of shares is irrelevant in this respect. In fact, the scam would require the directors to have a controlling interest whilst continually issuing new shares. Nothing short of great results, possibly a dividend or share buy back would prove to the market this is anything other than that. In short, the market will trash the price. 'Show me the money' is the only thing that will change this.

EUA is also suspiciously quite. A product update would have been helpful. That said, I don't expect one next week either.

[charles clore] 26/7/2019 09:29

zh - I agree absolutely that trust (and patience) is essential if you invest in stocks like this. While we wait for full production we can at least see the company's assets (Pd, Pt, Au etc.) increasing in value.