Eurasia Mining Share Discussion Threads

[book5] 29/7/2019 09:09

I am, and I have been adding all months including this July.
But I am do not expect too much yet
But it should be coming
Looking for clues all the time

[russiaguru] 29/7/2019 08:48

Book - thought you were part of the do or die group of eua believers.

[book5] 29/7/2019 08:44

Pen
This is going slow
From end of January 2018 hopes, to March, to now end in July, ...,my hope is in 18 moths we should be well above 1p ,
Lots of patience required to avoid heart breakdown

B.

[russiaguru] 29/7/2019 08:37

Penn - because an optimist would wait

The whole market is right for a wallop in September.

[pennstreet] 29/7/2019 08:34

For all the enthusiasm and optimism over the weekend - not a single trade so far !!

[cudgietoo] 29/7/2019 02:44

Let's see what optimised production at WK can kick out this year ...
All from a single wash-plant

By next term, all the ducks should be in a row with clearance for take off
.. I think bureaucracy has tripped us up this year in replicating the proven set-up

Meanwhile, MT should provide news when WK freezes

Exciting times

[excellance] 29/7/2019 01:21

The results stayed that this year WK will achieve full scale production.

Last year was simply "production".

what do you think the difference in terminology actually means?

[excellance] 28/7/2019 23:09

Well I'm not expecting 745kg this year, just half of that.

[book5] 28/7/2019 22:36

CS suggested Wk was delayed bcs authorities did not approved the reserves
Last podcast, DS said : first (2020-my interpretation) will be two washer plants Then Multi-plants
Conclusion
The broker 2018 valuation for WK with production target 745 kg has been delayed, may be as minimum till 2021???

[snowman100] 28/7/2019 20:08

Fromm Optiva broker note October 2018.....

'West Kytlim expected to be at full production (c.745kg Pt / 24koz)
from 2019'

If we are to achieve this, the paperwork needs to come through pretty pronto and we actually need to get 2 or preferably 3 even 4 wash-plants running asap?

Could it be done? I wonder how much difference the 30,000 cubic metres of stockpiled ore and the associated improved continual throughput and better recovery rates have made with just the one washplant ?

Can't wait for next updates.......hopefully this coming week.......1st August already on Thursday............hope we don't have to wait until after political recess on 1st September before they approve the reserves upgrades. Probably be too late then to get the washplants installed and working before end of mining season.

Come on.....get some news out this week (s'il vouz plait) !!!!!

[charles clore] 28/7/2019 18:10

Fillupmaz - thanks for your summary. I agree one simply HAS to listen to Dmitry's podcast at least 3 times imho to get what he is saying. Its a no nonsense resume of everything an investor needs to know and it has given me a much needed reassurance that everything is where it should be, on track and more. I feel that we are due some news quite soon which could at long last take the share price past the penny milestone and attract a lot of new interest.

[snowman100] 28/7/2019 14:57

Golden CLOUDBURST !

[excellance] 28/7/2019 14:37

Golden showers?

[ekuuleus] 28/7/2019 14:31

regards earlier post about me being overweight in EUA.

when a great opportunity comes along raining gold, don't put a thimble out to catch it, put a bucket.

Not an exact quote, but based on something I heard quoted about Warren Buffet.

ah, go on then, looked it up. Here is the actual quote:

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”

[snowman100] 28/7/2019 14:11

Here's some entertaining reading for bedtime...

Here’s how the price of one AIM companies share price rocketed last week on transformational news.

Jersey Oil and Gas PLC – Offshore Licensing Round Awards & Option Agreement
Times and share price climb of Jersey Oil & Gas on release of a 07:00 am RNS

07.06 73.50
08.02 73.50
08.10 90.00
08.34 102.00
08.37 110.00
08.39 114.00
08.45 106.00
09.00 116.00
11.56 124.00
12.08 135.00
13.20 169.50
15.36 177.50
Now, 1 week later….. trading at 186.00

The first oil from this licensing will not be produced until 2024.

Just goes to show the speed that a share can rise after transformational news.

I think EUA's rise after the approaching news stream will dwarf the rise of Jersey Oil & Gas.

GLA !!!

[driver101] 28/7/2019 12:28

fill
Agree, a huge baby monster.

[driver101] 28/7/2019 11:50

fill
Cheers for the post, the written word is much easier to digest than the podcast and acts as a point of reference to any doubters (oo/Russ and aliases). The increased in production licence area from 20 sq kms to 91.5 sq kms, looks bigger when it is read and is.
The extra reserves could be massive and turn EUA into a monster.

[book5] 28/7/2019 11:31

I am with fill
WK first 25kmsq will be for sale soon, that is the reason they are upgrading its reserves

[book5] 28/7/2019 11:29

Fill
Excellent post , could you please re-posted every week
Great reading for new investors
Regards
B.

[fillupmaz] 28/7/2019 10:53

Ex maybe so but what I understood from DS's podcast is that he's a find, develop and sell kind of man, consequently I assume everything is for sale. I'm happy either way, dividends from WK every year or quick cash from a sale.
Snow I'm sure there are things I've missed so any additions to my notes to read when things are slow and frustrating is helpful. Whichever way you look at it EUA is developing an incredible opportunity here.
Penn, I usually read rather than post but I'm still here, as I have been for over 10 years! Sometimes feels a lot longer...

[pennstreet] 28/7/2019 10:38

Great post fill - welcome back!!

[snowman100] 28/7/2019 10:02

Brilliant post fill.....only thing I would add is all the massive c2 reserves will soon be c1. This will also add much sale value.

Will fly on next positive news update.

[excellance] 28/7/2019 10:00

Nice summary.

Not sure WK is for sale, it's a zero risk cash cow for us as it is, tho any good offer is obviously going to be considered.