Eurasia Mining PLC - palladium, platinum, rhodium, iridium and gold producer in Russia - Confirms it is considering pursuing a dual listing on the Moscow Exchange in addition to its AIM listing in London. Says it has "actively explored" the benefits of the idea, including a provision for Russian investors to have easier access to a facility for trading company shares. However, no decision has been made yet, Eurasia says. "While the directors see the benefits of a dual listing, our priority is to execute on our strategy as announced," says Executive Chair Christian Schaffalitzky.
Current stock price: 24.06 pence, down 3.8% on Tuesday
Year-to-date change: down 28%
By Tom Waite; thomaslwaite@alliancenews.com
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Eurasia Mining (EUA)