Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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CAW - how is the FSP linked with AGM announcement? If there is a development on the FSP front then the BOD would have to update shareholders ASAP and not wait for AGM. Maybe I’m misreading your comments.
Not really. They never said soon, did they?
i guess they lied about an update soon.
Would the WK Flanks be essential for the FSP? I am sure this has been answered before.
Could the successful bidder not acquire this themselves?
GLA.
The AGM must be held no later than the 30/06, an update could arrive any time between now and then, not much longer now, considering the length of time we have already waited.
Aspen
We should in theory get updates on some if not all of the below in the next 2-3 weeks
FSP - could be any day, IMO linked in with AGM announcement
WK Flanks - could be any day
Annual accounts - due in May
AGM - last day to announce 8th June
GLA
Fair enough, Pompal :)
There is a fine line between radio silence and an update, I guess.
GLA.
Monkey
I wouldn’t really class saying they’ll be an update, as an update.
I’m certain it will and hopefully soon(ish!). :-)
Pompal - We were updated two weeks ago, on 28th April:
"Eurasia will update on Monchetundra, West Kytlim and other Eurasia matters as soon as practicable. The Company will update on progress of the FSP when appropriate."
I would give the BOD another two weeks before banging any drums. Besides they know what they are doing and that is why we trust them (and are shareholders - just like themselves).
All will come good. Just be patient for a little while longer :)
GLA.
Fully agree Pompal - the RNS at the start of this year suggested the delay was due to holidays and Covid. Surely they would be able to provide us with some kind of an update very soon?
The negativity is understandable. People are beyond boredom. The RNS after new year, regards FSP, gave the reasons for delay as the Xmas holidays and COVID travel restrictions. We are now five months in and still none the wiser. Yes, we have had much more good news but a large majority are here solely for the payday. I’m here til the end but there is a part of me wanting to bail and take advantage of the US growth stocks, which are currently on their arses. We’ll see.
I do agree with many that the silence is unacceptable. Something, anything would be welcome. I don’t think it’s too much for shareholders to ask.
In the 24s, not at 24. Bit of a difference. No need to be unduely negative. Still well within the trading range that's been estaished
And we are at 24p now...
Cannot agree with you there ....the Japanese have heavily invested in Russia recently with a Multi Billion dollar deal, strangely enough the company was JOGMEG , as per one of the latest RNSs .
EUA have state backing
JOGMEC have state backing
just saying ...
Limit buys set up?
It's a no brainer to buy at this price.
if this gets to 0.25 i am taking another £70k this price is crazy!!!
Will finish red again hopes r fading and pain frustration and wait getting worse
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BlackRock continue to buy Eurasia Mining
Seems a 100k regular this week, looks to be a buyer but MM are using spread to make it difficult as ever to read trade activity.
Saxonaxe ... the context of mine-field was negotiations not the investment. EUA is currently 100% of my holdings and I have full confidence in the BOD. Just for clarity.
Thanks chartsreach and jiffy. Insightful info.
This does explain the delay and the risk baked into the current sp. Also goes a long way to explain recent Russian takeout of uk listed miners..... KAZ, HGM, TSG and all the problems with POG.
there is nothing secret about the reserves that we have on rns, it is no secret that we are aligned with rosgeo either. it is not a minefield as you put it, complex yes, which is why it is taking so long, longer than we mere mortals can comprehend thats for sure. the bod know what they are doing and are being very well advised. and i would say as you rightly put it, if you have any doubts you know where the door is, its very simple.
The Thomson Reuter article is tagged as correct at 1 July 2019 which postdates the investinrussia.com article (2016). I agree on the likely Russian buyer. The Japanese JV angle looks politically unlikely and IMO the Japanese connection is for 'off-take' otherwise no need for a Eurasia Japan office (key word being office).
Palladium is widely used in catalytic converters by the car industry. Introduction of more stringent emission standards for automobiles in some countries resulted in significantly increased demand for palladium for use in catalytic converters.
The precious metals sector has significantly improved across the board, but palladium’s surge is stealing the spotlight with ~350% growth in price over the past five years. Growth going forward is expected to increase substantially which is great news for Eurasia Mining. DYOR Strong Buy