Eurasia Mining Share Discussion Threads

[ekuuleus] 17/8/2019 07:29

well done willmac. And er, what's your point?

Oh that's right, your missing the point.

[willmac4671] 17/8/2019 07:15

Debt slaves, yes the modern day slavery system.

I feel sorry for students wanting a degree these days, by the time they're done they're in a hell of a lot of debt. Then if they get that job they want, clear their debt and get a mortgage, then they've been in debt pretty much all of their lives.

Can't limit what people do and make them work all their lives with whips and chains in modern day society, so instead they do it with money!.

GLA

[excellance] 17/8/2019 00:29

Lol

Yes, we all pay, it is nationalised debt. Every person in the EU will pay in perpetuity. We are all debt slaves now.

8(

[charles clore] 16/8/2019 23:29

Merkel bails them out? Silly me - I thought it was the German taxpayer or more like the countries using European currencies taking more dilution.

[excellance] 16/8/2019 19:46

Deutsche bank bounces off all time lows of 5.80 but will probably go bust unless Merkel bails them out again.

They are not alone.

[willmac4671] 16/8/2019 19:43

Yes excellence, the place to be is in noble/precious metals -



GLA

[excellance] 16/8/2019 19:33

Indeed.
GOLD

[excellance] 16/8/2019 18:32

There was "technical difficulties" this morning, but I think it may actually have been an indication of systemic banking failure as eurozone banks are near to crisis.

[excellance] 16/8/2019 18:30

I think we'll submit the DPD soon, probably early September, then get paid mid October or early November.

The payment from that will support subsequent stages.

It would have been great to have abundant cash and therefore be able to work quicker, but don't worry all well be well.

I can't say no more placings but I don't expect any major funding shortage except for STP if no partner comes forward.

WK should be self funding from now on, but again would have benefitted from higher pt price.

[snowman100] 16/8/2019 18:21

We got 1 million loan from DS when we want it. How far would that go towards prep work? ...... we must also have a few million floating about from WK profits?

[zhockey] 16/8/2019 18:12

Whoever was asking the questions in that transcript, why did they not ask if the company has sufficient funding available to complete the pre-reqs???

[zhockey] 16/8/2019 18:02

Maybe I'm missing something but do they not have to complete a bunch of stuff (including trial mining) before the EPC starts and SS release any funds?

Unless WK is hitting it out of the park on grade and recovery, then that suggests a placing or bridge loan is needed to get that work done.

That's why the share price is down. If they said we are fully funded to complete this work then the share price would be flying, but they didn't.

[willmac4671] 16/8/2019 17:51

Rockets -



GLA

[book5] 16/8/2019 17:41

:)
That sounds good
Good luck with your prediction

[russiaguru] 16/8/2019 17:02

Book - the wider market is not in good shape so although close to my target I think it could fall a little lower.

I expect a Wk update in mid September and the first sinosteel payment in Dec, presume they will pay something like 5m first then per month to fund the groundwork, that's when the share price will be supported hence my end of year of 1.5p, still a chance of that, at least a spike to it.

[amont92051] 16/8/2019 16:20

Never had to do it before.

[ekuuleus] 16/8/2019 16:19

on an aim stock that is only traded in auctions 4 times a day?

[amont92051] 16/8/2019 16:17

Surprised I couldn't buy a small top up without going kill or fill.

[charles clore] 16/8/2019 15:59

Yes and then a 5 year court battle to get compensation while EUA goes bust! I would rather not contemplate such a scenario!

[excellance] 16/8/2019 15:55

Breach of contract possibly, if all our obligations are met.

[snowman100] 16/8/2019 15:05

....'SinoSteel has an obligation to have the plant at Full Production by the end of 2020'

What happens if they don't....is there a penalty clause?

[book5] 16/8/2019 14:36

Russianguru
You target is closer and closer to add
Good luck

[excellance] 16/8/2019 14:21

I suspected this squeeze would happen at the crucial stage. That the powers within the market would contrive to push weak hands out, putting pressure on the little people to rob them of their shares, with NDA's and delaying tactics, maybe even scare stories too.

We are powerless and in the dark, and they want you gone, we've served our purpose.

I'm not selling any, won't yield to their pressure, will never surrender.

This coming period is where we make or lose our fortune.

Death or glory!