Member Info for bluesky687

https://twitter.com/eurasiamining

#Palladium prices are shattering record highs, demand is roaring in China, which is on a mission to reduce smog & investors are betting that tight supplies mean that the bull run is just starting #EUA #Monchetundra contains 2m ounces PGM in state approved Reserves + Resources...

Mon, 26th Nov 2018 13:15

RNS Number : 5127I
Mila Resources PLC
26 November 2018

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

26 November 2018

Mila Resources Plc

("Mila Resources" or "the Company")

Results of Annual General Meeting

The Board of Directors of Mila Resources ("the Board"), a natural resources sector focused company, is pleased to announce that all resolutions tabled at its Annual General Meeting ("AGM") held today were duly passed.

wish costello would include some detailed or at least substantial explanation for his/hers 2 liner "contributions". he/she can learn a lot from TDT

and im pretty sure that in a few years time many will be gone from here and the same discussion will start all over again. just a different sp range by then but the arguments will be the same.

just go back this BB and have a look at our " conversations" with costello those days

but honestly sahres issued etc no matter if 0.34 0.6 0.9 and so on

1 year ago each and everyone had the chance to buy shares in the 0.2 area. as much as they wanted. maybe this is what people should realize and focus on. it was high risk and chance the same time.

not everybody likes to hear that but its part of the same medal

TDT thanks - should be 2.8GBp of course

TDT ref. your post 12:23

I disagree and think your conclusion ( "where the share price is likely to go") is somewhat too simple given its complex nature. here is why...

markets / stocks sometimes go higher on bad news and vice versa can go down on good news. best example recent RNS. the issue of the shares were made at a stage when MT signature was still pending. and that is the difference to me. I'd agree, that share price would be likely as you concluded IF MT wouldnt have laded by then. as WK exceeds EUA's expectation. think 165kg was the number instead of 100kg anticipated. therefore and as I said if there was no MT approval, I think 2019 would have brought us to that 0.6 / 0.9 area and maybe a bit higher as well.

Now with the MT approval + financing for MT development in place (which was already way before actual MT approval) 'derisk' is the word and i'm holding happily and do not worry about daily fluctuations. as I said before, 1% each day would be great... and by the way that would equal in ~1 year (as from today) a share price very close to 2.8GBP hmmmmmm

just a thought

WK was the first foot in the door; MT about to be the second; step by step is key - my guess is that 'the market' is waiting for the small print (last RNS...The formal procedure involves the issue of the licence together with details of the advance royalty payment, to follow shortly....A more detailed announcement will follow in due course with the details of the licence and an update on the project.) + also actual revenue stream from WK and maybe progress on other projects.

looks like too many bought in for a quick return in anticipation of a granted MT licence. now its there, but apparently not all of them made it on recent spike. that shouldnt bother us long(er) term holder. still volatile but each day 1%+ after close would also be ok wouldnt it

best times still ahead me thinks. market will decide. time will tell. as always

https://www.proactiveinvestors.co.uk/register/event_details/170#

Proactive Investors One2One Investor Forum - Dublin

Anglo Asian Mining PLC | Jersey Oil and Gas PLC | Europa Oil & Gas (Holdings) Plc | ANGLE plc | Eurasia Mining plc

Nov 22nd 2018, 6.00 pm - The Spencer Hotel, IFSC, Dublin 1, Ireland

https://www.eurasiamining.co.uk/investors/presentations

costello, there is your target.

Would like to see costello answer that question. Congrats everyone

just as per RNS "disappointing". was hoping for more. maybe next year

ref. assay results, compare e.g. with ASX:CLY ... after 5day site visit on their 3 tenements in Morocco between 25gth-30th April, samples were taken at all sites and sent to laboratory in Perth for analysis and results available after ~2 months ... don't know how far both companies are comparable, but we are in November already. ok, patience required, time will tell

http://www.miningweekly.com/article/west-kytlims-2018-output-exceeds-estimates-2018-10-25/rep_id:3650

25th October 2018

West Kytlim’s 2018 output exceeds estimates

The West Kytlim alluvial platinum mine, in the Ural mountains of Russia, finished the 2018 mining season with total raw platinum production “well in advance” of company estimates, listed miner Eurasia Mining reported on Thursday.

The mine delivered 165 kg of platinum, or 165% of company estimates, executive chairperson Christian Schaffalitzky reported.

Work is under way to prepare the site for the 2019 mining season.

I agree, I'd like to see numbers / cash left after deduction of costs and related. those 165kg/165
% are rather indicative and platinum price is also changing.

has anyone an idea / better understanding to translate those 165kg platinum in a cash position for EUA?

TDT, you previously wrote ...“As already announced, production proceeded to Kluchiki open pit in August 2018 and at the time of writing, in late September, we have achieved circa 150% of our internal production targets for the entire 2018, with two months still remaining in the season.”

Where’s the WOW? Just over 4 weeks ago they were on 150%, they claimed they had another 2 months of the season remaining then 4 weeks later it’s all over for the year and the total goes up by 15%. ....

165% are 65% more than anticipated and that is 65% more revenue and 65% less to get from elsewhere (though we still have to wait how much that is in numbers)

and yes it is the season EUA hardly can influence. and as such (season/weather conditions) it is somewhat misleading as to put in fixed categories like on - off so to say. it develops dynamically and by nature grades are less after beginning and towards end off mining season. and still the period you referred to is 15% above expectations - so why are you arguing it so much? it should give us all more confidence while waiting and last RNS confirmed most essentials on WK

As to MT sign off. Even it is late this year so what? if it was all that simple easy and quick, then less companies would fail along the path. Most hurdles should be out the way for EUA. yes most, not all, just before you start adding them all up again.

time will tell as always. good luck to you and the rest of us

Thu, 25th Oct 2018 14:53

http://www.lse.co.uk/AllNews.asp?code=hx3cgyiu&headline=Eurasia_Mining_West_Kytlim_Platinum_Drilling_Exceeds_Expectations_

https://www.proactiveinvestors.co.uk/companies/stocktube/10985/eurasia-mining-potentially-able-to-double-production-next-year-at-west-kytlim-10985.html

13:33 25 Oct 2018

Eurasia Mining plc's (LON:EUA) Christian Schaffalitzky updates Proactive London on recent reserve upgrade drilling at West Kytlim in Russia.

A new calculation for the total contained platinum for the Kluchiki Area, where mining started in August, has now been submitted for approval.

Operations at the Kluchiki open pit point to bonanza grade ore pockets as the coarser fractions of platinum not captured during sample tests are picked up during mining.