Eurasia Mining Share Discussion Threads

[cudgietoo] 03/9/2019 01:27

At WK :

Half the trucks must be taking half the time taking washed gravel back to where it came from .. That puts a dampener on things, don't it?

Unless you think about it

[cudgietoo] 03/9/2019 00:32

We all know the prospects, Snowy. One exclamation mark is enough

... Wait 'til the mob turn up and then try to get a word in!!!

[snowman100] 02/9/2019 20:47

Yes.....sorry Charles....well spotted Penn. Have now deleted those calcs!

Revised below.

Nickel US $17,850.00 per tonne...30,000 tonnes = 535,500,000 US dollars

Copper US $5,655.00 per tonne...28,000 tonnes = 158,340,000 US dollars.

So together they are just under 700 Million US dollars.

Plus our 2 Million ounces of Palladium at US $1,538.00 per Troy ounce = Just over 3 Billion US dollars...that's a total of 3.7 Billion US dollars AS IT STANDS.

If flanks say 4.5 times (same as flanks at WK) and of equal grade then that's over sixteen and a half BILLION US dollars!

Very tidy indeed !! .....and if forecasts to be believed.....Palladium due to hit $2,000 per ounce.....astronomical !! .....happy days indeed !!!!!

[pennstreet] 02/9/2019 19:58

Snowy - if the price is $18/kg, then 1 tonne is $18000.30000 tonnes = $540,000,000

[pennstreet] 02/9/2019 19:32

$18/kg price of Nickel

[charles clore] 02/9/2019 16:58

snowy - that's great news we have 30,000 tons of it now all we have to do is dig the stuff up and sell it! How much a ton is it going for these days, $18?. Thats worth a staggering $0.5bn! and the copper is worth a bit too

[snowman100] 02/9/2019 16:48

BLOODY HELLS TEETH !!!!!


Look at Nickel go!!!!!!!!!

11.16% up today at 18,166.80 up USD 1,823.30 !!!!!!!!!!!!!

AND RISING FAST !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[excellance] 02/9/2019 14:46

CC

Yup, I think I got that memo.

[charles clore] 02/9/2019 14:24

ex - dusters litter the oil exploration space. Millions lose, only a handful win.

[pennstreet] 02/9/2019 13:02

Someone still needs to sell!

[excellance] 02/9/2019 12:53

I can say similar about GKP
Bought at 3.75p with small change in my account, was never very confident, but they hit oil, and sold in stages as it went up. Only had 18,000 at the start, high risk oil exploration in kurdistan, was completely out by 120p
Made a couple of grand or three...should have been tens of thousands.
Was more interested in sterling energy at the time, but they had a dud, so GKP gains just about covered SEY losses.

8(

I'm not very comfortable with those ultra high risk drilling plays these days, prefer development opportunities or recovery stocks.

[cool hand kev] 02/9/2019 12:42

Penn - obviously don't we all
Trading's very quiet here today and the general market doesn't appear to be too concerned about the Brexit situation

[red rook] 02/9/2019 12:39

IMO, if CS and DS play their cards right over the next few months, max 12months, this should exceed AAZ.

[red rook] 02/9/2019 12:32

... I also remember sending the CFO an e-mail complaining that they their PR was poor. To his credit he sent me back a polite e-mail.

[pennstreet] 02/9/2019 12:31

Come on EUA - give us an AAZ opportunity!!

[red rook] 02/9/2019 12:27

I bought at around 5p and sold because I got impatient and sold at around 6 ! It's still painful but you live and learn ... :-)

[charles clore] 02/9/2019 12:24

cyber - jeez that's a lesson never to be repeated!

[cyberbub] 02/9/2019 12:16

I'm ashamed to say that I bought 700k AAZ at 6p and sold them in a panic when they spiked down to 3p for a single day. FFS. The one that got away. :-(

[charles clore] 02/9/2019 12:13

Penn - shareholders of companies that lie and keep raising via placings rarely see justice applied. I don't want to be one of those types of shareholder and that is why I am keen that EUA gives REGULAR UPDATES on progress, NO MATTER HOW SMALL OR INSIGNIFICANT THEY APPEAR TO BE. It all adds to the authenticity and robustness of the story and reassures shareholders that things are moving along successfully in the right direction of travel.

[pennstreet] 02/9/2019 11:52

Cool - I'm hoping EUA is not one of them

[excellance] 02/9/2019 11:41

Example is AAZ

Would you invest at 165p or do you wish you'd invested at 3p?

[excellance] 02/9/2019 11:39

The appearance of cash on the table, or at least on the balance sheet, does change market sentiment towards any company.

The problem is, if you wait for the money to arrive you're too late!

[cool hand kev] 02/9/2019 11:27

AIM companies are notorious for misleading investors with false promises and constant cash call and the market's not sure :-(
"Bring on the Fat Lady" I say :-)

[charles clore] 02/9/2019 11:19

ex - it does seem unreal that EUA could be so undervalued. It's almost as if punters think that information given out by the company via previously issued RNS's is all lies. If you are a believer there is a fortune to be made here imho!