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Thank you for your reply trading. Appreciated.
can only look into the past unfortunately, movement next week without news will be based on is there enough buyers at 3.77,3.80,3.85 and so on, to generate enough momentum and is it met with sellers at a bid of 3.85/90 or further buyers, of course though we have seen the trend doesnt see many buyers past that stage, of course with news on flanks its a sharp rise asses the news and consolidate over a period of time, i dont have an SP prediction as such, i feel the rise would be substantial at least, if you want an SP figure maybe 5.5 or maybe a but more on a good day
Trading seems to be correct about the share price. A little bit off but close. Guess the MM’s seeing it from same perspective. If he here what would happen on positive news? Can you draw a graph? Say flank approval is official by local authority?
It’s the climate crisis that’s pushing this up. The emissions need to be cut drastically and the media are all over it. PGM metals are a cleansing metal when it comes to cutting pollution. Also used in hydrogen fuel cell technology. Also talk of pollution collection plants In desserts where can’t plant trees to bring pollution levels down even more. They will use PGM metals also.
You always have to have the last work Lamb ollocks.
What a massive bell..
So why was EUA mining it Blue?
Another lazy comment by lametree..
Palladium was about 600 dollars an oz at the time.
If it costs 300 to mine then after taxes it wasnt an amazing product to mine .
Jog on lametree
Some companies just don't have the expertise for particular locations, circumstances or it may not have fitted their company model. So many reasons why they backed out. You do a lot of guessing lambsy. We know what we have at MT and WK and the Board have the correct expertise and are in a country they know. EUA is the correct company for the product and the location.
It will be great to see this share shoot sky high knowing that Anglo has passed it by. It will serve them right after the way they have high jacked Sirius Minerals and are ripping off all us SH's.
It will be justice served.
So Anglo with an open pit mine with super soft rock and palladium as far as the eye can see just decided to move on?
Why are people getting inpatient all of a sudden. The BOD are very experienced and they will take as long as it takes to get a good result here. They will not rush a deal just to satisfy a few nervous shareholders.
That's exactly it, anglo moved on to focus on south africa at the time, low palladium prices.
Eurasia stuck it out and grinded on forward to arrive at where we are today.
They deserve a massive sale or buyout for all of their years of really hard work and staying dedicated!.
If they're close to closing a deal then we will hear absolutely nothing until the deal is done, and with metal markets how they are right now, we all know any would be buyer will want control of things a.s.a.p imho!
Anglo’s loss our gain.
Lam - Only time will tell, as to what we have and what BOD is saying we have. Only concern is why it is not reflected in the SP. I am sure there is considerable amount of work going in the back ground. I wish they would get on with it and update us on the progress.
A precious metal is always worth money Gaz,especially the amount EUA say they have,maybe Anglo not being very stupid in the mining arena differ to EUAs boasts.
Ever looked at the price of PD then Lamtree? Maybe given the future price outlook back in 2013/14 they didn’t see it being worth while given the cost to mine!
Wht didnt anglo want any of the palladium?
Eurasia is in a very unique situation, and a lot of it stems from the JV with anglo days where anglo funded the exploration and eurasia carried it out.
When you think about AIM, this company really is a gem amongst the rocks. Not only its history and current asset base, but go and look at the strength of BOD here now.
Palladium and rhodium prices have sky rocketed which is also extremely good for eurasia.
We already have the MOD signature and i think it go signed pretty quick because not only do we have special rights, but we've already potentially drilled and explored the area -
"Eurasia maintains a drilling and exploration database of proprietary information for the Monchetundra Project some of which is information dating back to the Company's joint venture with Anglo American. This includes the area for which the mining licence was received in late 2018, as well as the surrounding area within a larger exploration license."
"to protect parties to which a mineral discovery is credited".
'Parties' being EUA :-)
Mac - taking all that in to account, we are over due for another update from the BOD on the following
2 Funds we got in Dec
3 How the Nego going on
All of the above will put some sparks in the SP
"As a direct consequence of the issue of the mining right, the Company was entitled, as per Russian sub-soil licensing laws, to apply for further ground in the immediate vicinity of the mining license. This exclusive right is in place to protect parties to which a mineral discovery is credited, in the event that their mineral reserve can be shown to be continuous beyond their production license."
I agree B1ll, it seems like they're just keeping it in this range until the inevitable news lands, they know as well as we do that it's simply just a matter of time!.
Share price holding up fantastically.
Over the last couple of weeks the closing price hasn't fluctuated more then +/- 4%.
Should fly on flanks approval.