Eurasia Mining Share Discussion Threads

[amont92051] 04/9/2019 16:19

Lew
They could see 5.5 if the share price rose before they had pressed the sell button at 5 :-)

[excellance] 04/9/2019 16:17

We could always just top slice and keep the rest for dividend yields

[book5] 04/9/2019 16:15

And nice dividends each year

[book5] 04/9/2019 16:14

38p would be handy

[lew stules] 04/9/2019 16:11

Well you guys never cease to amaze, if you would be delighted to offload at 5p of course you will never see 10 or 20p you won't even see 5.5p

[desertrat2] 04/9/2019 16:04

I would be delighted to offload mine at 5p as well and would consider that a very good return for the years i have held these. I would of course love to see 10p or even 20p but i just cant see that happening.

[pennstreet] 04/9/2019 15:57

Like Amont, I can't hang around for 10p, let alone 20p!! Be happy to off load the whole lot for 5p

[amont92051] 04/9/2019 15:48

ExThat's why I said selling the whole thing would be tidy, takes away that decision, unless it's a sudden gargantuan spike I won't be around for 50p :-)

[excellance] 04/9/2019 15:38

Pt up 3.3% now

[excellance] 04/9/2019 15:36

Amont, you can sell your shares at whatever time is appropriate to you, and hopefully we will all have the difficult decision of whether we sell at 20p or wait for 50p

8)

[book5] 04/9/2019 15:35

Pt buy at $993

[book5] 04/9/2019 15:21

Amon
We allknow that the probability of a good return is growing strongly hand in hand with Pt price action

[amont92051] 04/9/2019 15:08

After 17 years or so invested in EUA I'd like to see the whole thing sold once in production at MT, that would be tidy.Failing that a good capital repayment to shareholders before they think about taking on new projects. I'm not interested in waiting a further 4 or 5 years for divvy either.

[edgein] 04/9/2019 14:56

Ex,

Yes there's that too.

Regards,
Ed.

[edgein] 04/9/2019 14:54

mostyn,

True but CS did hint at cash over and above that required for MT. I'm not saying STP would be No 1 priority once cash in is, clearly that will be MT pit development, but STP could then be next. At least on the strength of that they could probably be able to arrange financing against the MT pit construction budget. Especially if it comes in significantly below the $50m sub-contract value.

Regards,
Ed.

[excellance] 04/9/2019 14:52

Yes $50m total, but $24m is our equity contribution.

The remainder is ours to pay for MT pre work which of also being funded by WK revenues.

Exactly how much cash we'll have remaining is unknown.

[mostyn] 04/9/2019 14:40

Edgein,

There are bound to be stipulations on what the cash can be used for, and I doubt whether anything unrelated to Monchetundra would qualify.

[edgein] 04/9/2019 14:27

Ex,

Are they not expected to get a $50m sub contract cash soon? I think CS may have stated that its more than enough for the pit construction. Perhaps $5m of that will get STP up and running? As DS said they need to remain focused on what they've got.

Regards,
Ed.

[edgein] 04/9/2019 14:24

26/3/19: Eurasia Mining PLC Monchetundra Update Sinosteel EPC Q1 2019
13/8/19: Eurasia Mining PLC Monchetundra Update Sinosteel EPC H1 2019

Anyone else expecting another one of these soon? i.e within weeks? These could do rather well once they receive that sub contract money that Sinosteel are due to pay over to EUA.

Regards,
Ed.

[excellance] 04/9/2019 14:23

Interesting story unfolding at kazakh minnow gold producer Altyn plc, they are after £10m to develop their 5m Oz mine and are expected to reveal results of funding negotiations soon.

Now, pure speculation, but if Eurasia will get $20m+ after equity payment for MT, then surely CS could use that cash to expand into huge gold opportunities in Kazakhstan where he already knows the country?

[book5] 04/9/2019 14:16

CS said : interest in WK is growing, specially local interest
Some may start buying

[excellance] 04/9/2019 14:16

Pd now joining the party, pt continuing the rise.

[mostyn] 04/9/2019 14:16

Eurasia on twitter - good for Platinum less so for Palladium.

Eurasia Mining
@eurasiamining
·
42m
#EUA #Platinum
𝙋𝙡𝙖𝙩0414;𝙣Ҵ26;𝙢 𝙁𝙤𝙘𝙪0424;
◽️
Car makers will be forced to switch from high-priced palladium used in exhaust-gas emission control systems
◽️
Platinum's discount to gold will support continued, solid, retail investment in bars & coins
hxxps://buff.ly/2Ytkh8g

[excellance] 04/9/2019 14:14

It's almost like we are set up for a Thursday rns

[mostyn] 04/9/2019 14:09

CC,

I think you are right. The price of Platinum and in particular Palladium has risen strongly, but the share price has remained largely unaffected, as the market can't assess the degree to which this impacts Eurasia's bottom line. As you mention we need numbers.