Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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Something to watch whilst waiting for the RNS, I know peeps must already have watched these.
hTTps://vimeo.com/user71951711
Yes PP, hopefully some results from the drilling soon and interim results. Hopefully that will have a positive impact on the share price prior to any news on the potential sale.
WK I didn't know specifically with EUA, I know winter drilling and exploration happens plenty of other mines. So we can expect some results soon then.
Okay PP, now to have clarified that you did know that there is a drilling season and that the freeze would stop the drilling which is not what you said in your previous couple of posts. Thanks for clarifying.
Wkworld - 6 weeks or so, I assumed the drilling would stop when the mining season ends because everything gets frozen out and shuts down.
PP, you didn't know there was such a thing as a drilling season?. How long have you been invested here?!
I'm no expert either, I didn't think it was an issue for drilling but I can see infrastructure supporting it all struggle with a freeze.
It matters not whether you can drill or excavate the frozen ground if the water supply for the wash plant freezes up you are snookered..
PP. By no means an expert, but I think others processes as well as drilling are impacted when site is below freezing.Mayt..
Never heard of that, same equipment can usually drill through frozen ground and permafrost.
Quit your whinging and make your own decisions Scotty. For goodness sake. You're acting like a child. I assume you know what an NDA is? A NDA is contractual agreement not to declare any sensitive information (non-disclosure agreement). The BoD cannot provide mid negotiation updates to anyone. If you invested in here and read like the rest of us you will find all this information you need to make an informed decision. If you can't wait then sell. If you can wait, please turn off the whining. People dying all over world, friends and family losing their jobs and their homes - get some perspective.
Really? I believe the ground is too frozen during deep winter to be able to drill
I didn't know there was such a thing as a "drilling season"
So no one knows when the drilling season ends then ? due to the poor communication from EUA. I look through the RNS's this year since suspension , there is no updates on progress , just a short message about the flanks.
Im in at 2p , so if i leave after 10x my money before the winter i wont mind
Not sure about the boring winter Scotty, not sure why you think that (I don't think you do really). With you on the tedious pirate puns though.
yep Scottydog filtered for fouling the bb..bad doggie!
Hhahhahaha if only the huge amount of natural resources weren’t in Siberia! Pmsl. Hilarious ScottyDogg! Hilarious
Not really right Scotty WK has been expanded a lot and is in production they have focussed on that operationally and the placing went largely towards that. They have inherited lots of old drilling data with newly granted licences so its the equivalent of a massive drilling campaign, and they did masses back in the day with Anglo Platinum too. And then it seems like Absolute Precision have been doing some work for us, using their whole skillset they tweeted. So there's probably more chance of a resource upgrade then were we drilling just now. When selling a mine it is advisable to leave some on the table and not let resource figures become stale.
I do share some idea that if nothing happens with a deal this could have been a year wasted for MT but what would COVID have done for it anyway and if NN buy they will shave that year off quickly by already having infrastructure nearby. Likewise if some joint deal is done to use the spare capacity in their plant. Even if we triggered the EPCF deal with Sinosteel the project could still be sold but they have left it clear for the buyer. Perhaps because in reality with all the data our original licensed areas may not in fact be the optimal place to start (with Palladium, Rhodium, Gold and Nickel now being more prized than platinum which pre 2016 was more favoured). Or just that the large buyer will have the capex easily covered anyway its not Sirius its only 200 million dollars.
I expected a small drop this morning with the large spread last night. I see it as about 3 to 4 percent up over the last 2 days just now.
Maybe not the share for you then and best to sell, plenty of work going on at WK.
Lots of radar images doing the rounds showing progress
No one cares Scotty dog what you do with your shares. Feel free to sell and go if you don't want to wait. No one is stopping you. I don't understand why you are still here to be honest.
Capt. Tilly - one for the walk of the plank, methinks.
Oh course the winter will be boring , if your sat holding shares in a company thats not producing anything and there is no news coming out of there , just waiting on the elusive RNS to confirm a sale that might not come.
I cant take a winter of checking in here with everyone high on Hopium dishing out the boring pirate puns
Hahaha Scottydogg, that was a funny one. How many boring winters have you been through with Eurasia Mining? Couldn’t have been last year, if it was anything before then fair play for your long term insight and huge gains made so far. More to come with news of sale, good luck all holders.
Under normal circumstances we would be leaving the uk for our winter sojourn in Tenerife.
Warm sunshine until April..going to miss that and not looking forward to spending the
winter here apart from the fact that I’m going to make a load of dosh in EUA ...now that is something to look forward to .....good luck all...pompey
I don’t think it’s going to be a boring winter somehow.