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Interesting conversations today until we get to stretch and his daily add nothing pointless post
You can get charts to explain what the different codes are.
Oh no….not charts again…
You think they are hiding the frightful truth from us and have been for some time? Why do you not think it is much more likely that the end of the court cases and important decision on tax likely means the end game is just about here? I believe CS may be acting from a position of relative strength rather than weakness. Forget about bids of 25-30P - Potanin will not lay himself open to ridicule with WAI standing behind CS at the table.
As legendary mining investor Rick Rule quotes ‘ if you look only at mining price fundamentals the only place you would invest in is Russia ‘ That’s all I need to know about the economic viability of the assets. The obstacles are the market price of PGMs and geopolitical concerns
What actually is a Code1. Does it actually really stand for something???
The residual effects of habits and lifestyle choices a few decades ago are now becoming more prominent and obvious o some peoples posts.
Haunted by green boxes of their own creation.
Gambling pension money is the only buzz.that the green goblins crave .
makeabundle
‘the bidders are still at the table…’
what does that actually mean?
having no names mean it cannot be challenged… any of said companies that might have kicked some tyres 5 yrs back and gone cold aren’t going to be ****d… who are these ‘bidders’?
Many green boxes a gogo again today.. interesting... just their usual crude deception tactics and desire to manipulate or an element of fear?.. some informative posts today too so a good balance.. thanks for reminding us about the resources database... whatever position anyone takes on here, news is imminent.. to talk of years away is simply b0ll0xx and is just hysterical, simplistic green box propaganda... goodnight to all genuine holders....
Makeabundle I think its extremely unlikely that potential bidders are still around from three years ago, wonder if a mass exodus of potential bidders is the reason the bod decided to try mining?
In that case it is most surprising that the bidders are still at the table. They would appear to have wasted a huge amount of money as well as two+ years of their time. Maybe that trickster CS has fooled the lot of them with the connivance of WAI and loose talk of world-class assets.
Sharebel, you’ve made no attempt at all so far to explain or justify your own claim that EUA has assets of 89p per share. …. ? so how did you reach your figure, bearing in mind that it costs money to extract and process any metals in the ground, and EUA has not revealed what its costs are, and the economic feasibility, or otherwise, of mining out the stuff it claims to have?
Fingers crossed then I guess … or should it be legs crossed ? 😂😂😂
Rayski referencing a RNS from almost three years ago which has since been updated and downgraded by the bod adds nothing of value to the conversation. It doesn’t matter what the value is in the ground if you make a 50% loss mining it.
Ray, you’re clutching at straws posting RNS from over three years ago. Get real, mate
Somewhat out of date Rayski that was May 2021, notice the word potential bidders, near 3 years later where are they? We have since progressed to low visibility and hopeful by end of year. That’s last year!!!
Also the palladium, platinum, rhodium, iridium and gold producing company, we haven’t produced anything since 2022 and that was at a loss.
That said some interesting exchanges today I still lean towards a lower price, but understand that others feel the price will be higher.
Wolfie,
The value is still there mush,
What ever you say , duh 🥱
Another quick reminder….
It’s March 2024 not January 2021. All mining activity has been mothballed, company says it’s got cash to survive another six months.
Peace
A quick reminder
Happy Mondays 😁
RNS Number : 4503Y
Eurasia Mining PLC
12 May 2021
Eurasia Mining Plc
Potential asset sale, conclusion of the FSP and other updates
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that a proposal has been received for the acquisition of certain assets of the Company, the conclusion of the strategic review and Formal Sale Process ("FSP") and an update on its operations.
As announced via RNS on 14 January 2021, Eurasia and its advisers have engaged with a wide range of parties interested in acquiring either the assets and/or the Company. The Company has more recently focused its attention, including providing due diligence access, on a limited number of potential bidders who had shown consistent interest in Eurasia and its high-quality asset base.
Peace
There are some massive red herrings being spouted.... ..you can't just load trucks full of dirt and drop them off at a plant and say "hi folks, Just extract and separate all those different minerals from this dirt" .....the different processes involved in separation are a bit more complicated than that
EIE01
As I said we get what the BOD except.
But just for a laugh
The naysayers have said we will get an automatic 50% haircut plus another 10% exit tax.
So going by your figures
118 \ 2 = 59p less 10% so 53.1p
I would bite your hands, legs and feet off for 53p
Lol
The price of copper is or was about $8000 per tonne, not £8000 as in the calculations.
Try 8 pence theres 2.9 billion shares issued
£25M = 0.87p per share
And to be clear, dattasbase didn’t start off this conversation claiming there would be an 89p sale price, he is trying to pretend that EUA has 89p worth of assets per share, despite admitting he does not know what the costs are. …. no wonder EUA BoD doesn’t dare publish the full DFS data!
“agreed pointless speculating”
And yet almost daily you post your crude workings out suggesting 89p per share whilst current SP is 1.5p!
Just lol