Eurasia Mining Share Discussion Threads

[pennstreet] 31/7/2019 09:46

Do I see blue?

[book5] 31/7/2019 07:13

Cud
Lol

I support the proposal/motion

[cudgietoo] 31/7/2019 04:17

End July seems a logical cut-off point for reporting purposes
Thursday (tomorrow) is the start of a whole new month



Shall we petition for an MT clock?!

[excellance] 31/7/2019 02:07

That's the third time you've suggested an rns on Thursday.

Why do you think that is a possibility?

[cudgietoo] 31/7/2019 01:37

Ex - Nobody left here needs reminding!

Just hope the rest of the world get a "wake-up" call soon

Possibly Thursday?

[excellance] 31/7/2019 01:29

a reminder of the first few months production from last year..........


Washing commenced with an initial first fill on 3rd May 2018 and more continuous operations, ramping up and increasing the run-rate.

Quantities of raw platinum produced in 2018 to date have exceeded expectations, largely due to both higher production volumes and higher than anticipated average grades. Measuring the total amount of gravel processed is a key to calculating grades in ore, and is best done on longer timescales, as it involves a volume measurement of material removed from the open pit. Our surveying team measure progress in the pit by using laser levels and GPS instruments to ascertain the total amount of gravel moved. This measurement can then be correlated with the total amount of Raw Platinum produced to arrive at an average grade.

At the time of writing the total amount of gravel washed from 3rd May 2018 to 22nd June 2018 inclusive was 56,600m3, against a total amount of raw platinum produced of 69.5 kg (2,235 oz), which yields a total average grade for the period of 0.81g/m3.

Boulder content is a further strong control on plant through-put. Parts of the Malaya Sosnovka Area currently being worked are considered relatively high in boulder content and this has been a limiting factor on plant throughput, however this has been more than offset by high grades in ore. With reduced boulder content going forward the plant throughput and the run-rate will increase accordingly.

Processing of one stockpiled ore reserve is now complete, and mining has progressed to further stockpiles and later the main reserves of the Malaya Sosnovka Area. Stripping of overburden from the main reserve blocks has been contiguous with the gravel washing operation. Site preparation including stripping of forestry has also now commenced on the Kluchiki Area which is being prepared to be developed alongside Malaya Sosnovka. Kluchiki is more than twice as large as Malaya Sosnovka and is an opportunity to ramp up production to more than double current rates.

A full team of personnel are now on site including 20 to 22 persons from Eurasia's contractor Techstroy and 7 to 8 people from Eurasia's subsidiary Kosvinsky Kamen providing geological support and operating the onsite laboratory upgrading sluice concentrate to mine product.

[ekuuleus] 31/7/2019 01:12

the currency is irrelevant at the time of the transaction. At the end of the day, the company is listed on LSE and calculates in GBP when stating accounts.

[cudgietoo] 31/7/2019 00:29

Here's a simple question from a simple fellow:

If we sell WK platinum to a local refinery at 98% of LME price ...
What currency is the transaction settled in ??

Can't be bad for the bottom line, whatever the answer

[book5] 30/7/2019 23:01

I read it all, translating bit by bit

I am so how similar: a Foreigner, love to sing and see the nature, and have two kids

[excellance] 30/7/2019 22:53

ahh, try your pc

[book5] 30/7/2019 22:52

Ok
My phone may block the pop ups

[excellance] 30/7/2019 22:52

yeah, the family home historically is a large estate which is used for an annual pop festival. Roskilde or something like that...but i have no ides if there is any link to our CS or if it is purely coincidental...i think not, but who can say for sure?

[excellance] 30/7/2019 22:49

odd, i get a pop up window asking if i want the page translated...and i click it and hey presto its in english!

[excellance] 30/7/2019 22:28

theres a translate button at the top.
notice his sons name?

[book5] 30/7/2019 21:09

Lovely story indeed
it took me a bit of effort to translate it though

[excellance] 30/7/2019 20:31

seems like a familiar face, lovely story.

[book5] 30/7/2019 19:35

They did not respond to my inquiry

[book5] 30/7/2019 19:34

In the office They May be on holidays

[excellance] 30/7/2019 19:24

hes definitely a glass half empty kind of chap.