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Theres a structural shortage in the Pd and Rh market, in which there are no exchanged trading, it’s just priced by metal brokerages – so no gains by setting the price using promissory notes
Rd has almost identical uses as Pd and it’s gone up 8-9x now. Looking at the Palladium 1 year chart it’s gone from about $1250 to now ($1800+) ~50% move
The price started to move in 2016 when the German Bund went into negative yields. As the money printing and negative yields start to show up in the market – investors, individuals, funds etc. start to buy assets that you can’t print. (Amount of paper =$100s trillions out there globally!)
If paper is printed & wipes out the value of things - people go for things you can’t print & it started to show in the Pd & Rhodium Market first
One of the things to move 1st is the one with the most amount of shortage, most sensitive to marginal increase in purchases – as seen in both markets here. They're starting to really take off
Maybe it’s only a few% of additional purchases of the physical asset that starts to drive the price much, much higher. When you have PHYSICAL shortage of the metal itself – you can’t set the price with promissory notes because the market only wants delivery.
The games with “printing metal” can’t be played when there’s physical metal shortage. Showing in these two markets first – but we could see it knock into platinum, silver and gold as the money printing continues.
Unlike some other metals, industry requires this or they can’t make their products. If you have a situation in a shortage, it re-prices to a point where those that hold the stocks are holding tightly because the paper price Is not adequate to loosen up the supply.
Those who are protecting themselves from money printing are buying real assets (MT?) & the price has to rise high enough to bring it into market – it could be 10x higher than what it is now easily, but we don’t know.
With the acceleration of money printing, fund managers are looking at the imbalance of DEBT vs.DERIVATIVES vs.liquid MONEY in the system & it doesn’t take long to figure out that trillions&trillions printed to try & liquefy the market.
That means step-wise dilution of the buying power of the currency, which they are digitising into existence.
There is a rush to things you cannot print; farmland, oil production facilities, precious metals, strategic industries (& ownership),we may see a premium of assets that arent in the financial system – as money printing is destabilising the system.
Investors will not want paper contracts & will now choose metal. A good response is to acquire assets OUT of the financial system, which aren’t dependant on the day-to-day functioning of the stock market, as a pretty rough re-entry of reality is due. We’ve come to an end of a long era of central planning and deception, and the incompetency of the central planners and corruption is coming into view here.
Good time to be invested imo
Pompeyrod, very kind words. Enjoy the weekend away :)
Always happy to help and share information.
Please email me at TriVuk@gmail.com should you require additional information and resources.
Applies to all genuine holders :)
I’ve been holding these golden tickets for many weeks. I have > than 90% of my portfolio invested. I have listened to the same rubbish again and again from paid or sour derampers.
I have gained and lost on penny stocks.
I took a long holiday because it’s fun. I made a £2 loss on a Happy Meal last week.
I regard this EUA as more than a 'punt', a bet on a horse where you can five- ten maybe twenty bag your money. I smile when someone posts that they have spent 20k 'topping up' at 2.8p in EUA. FANTASTIC!
only a very smart person would do that. I Strongly promote the language; 'fill your boots'; 'GLA', 'IMHO' and 'DYOR'. It's like loyalty to your research and beliefs are important when making money!
There are always the hinderance of greedy diet-Coked up Market Makers and other evil forces 'shaking the tree'. It's hilarious but entertaining. It's very sad that they exist. After you’ve made a crap load of money here - put few hundred into a stock that is stable and pays a dividend, like our friends Norilsk Nickel - and forget about it for a few years.
This is that horse you’d back at 20 to 1 and WIN all your money and make a small fortune that you will use on the next horse- to hopefully make you even more.
What you have here though is an environment where you get to chat to people and share quality research, despite the occasional (and mild) parasitic infestation.
GLA!!! DYOR!!!
took the liberty to fix that cruddy piece of jargon produced earlier. now it reads more accurately :)
Demand in Europe for diesel vehicles has fallen, while demand for petrol has increased. This has been duly reflected in platinum and palladium prices: the former has sunk and the latter has soared. Even should palladium be substituted for Platinum, shareholders will be pleased to have West Kytlim and its bright future prospects to enjoy.
With a current market cap that is still attractive for institutional investors and private investors alike – Eurasia has been touted to be worth north of several billions of dollars, given the assets in the ground (for Monchetundra alone).
Although a recorded a loss of around £1.5 million for the year was reported, the reasons have clearly been given (as above) and works at Monchetundra and West Kytlim, Eurasia are poised for success in the immediate and long term future.
To existing and potential future shareholders alike, there are minimal risks and potential bountiful returns to be made with their investments, despite games being played by questionable ‘gangs’ online (both public and anonymous).
In light of the recent updates, it can be seen how Eurasia reached an approximate 1000% rise near the end of November, and continues to be a success for shareholders and the board of directors. The tireless efforts of all members of the company over the years have clearly paid off, making the team, the board and subsequently the shareholders happy – and this is just the beginning.
[continue..] On that basis, along with contractors not being sustainable, it would be folly to question whether the company was ‘even producing platinum at all from West Kytlim’. It certainly wouldn’t be 200oz per day, as that was never mentioned. But shareholders will enjoy such bountiful returns in the future, thanks to Eurasia’s progress at West Kytlim.
In terms of Monchetundra, the figures for the resources might sound good on paper but it is even better with the addition of the flank areas and possible expansion with projects in the 8-10 km vicinity. With numerous drilling and multiple due diligence carried out in the Kola peninsula by various companies such as Anglo American, Norilsk Nickel, Barrick and other big players – extensive exploration has been carried out in the area.
That certainly suggests that there has been an extensive drilling campaign done by a number of Eurasia’s colleagues, like Norilsk Nickel, who have been drilling one of these areas. Norilsk Nickel is the world’s largest Palladium producers in the world. They also have a nearby refinery to Monchetundra, as well as having their own vast deposit of Palladium.
When it comes to the payment of a dividend, rumours by both anonymous and/or agenda driven inadequate writers suggested ‘$50 million from a Chinese company, Sinosteel..will be paid in the form of a dividend to Eurasia shareholders’.
Of course, it is publicly known that this was never the case, and the remainder of the loan is to be used for advanced engineering and pit development work.
However, although Eurasia has signed all the final binding documentation, which allows them to receive the first payment, they are in no rush for a number of reasons. An obvious one would be potential interference with strategic options in potential asset sales in on going negotiations.
An RNS from back in 2016 mentions that Eurasia was in ‘advanced discussions with third parties for the sale or joint venture of the project’ but given the rise in Palladium prices, the profits received are unparalleled to levels of that years ago.
All of this suggests that Monchetundra is not only as good as it appears on paper – but better. Even if considering much lower than todays palladium prices (circ. $1800), shareholders can expect this to be very profitable.
In terms of palladium itself, the prices seen today are more than a temporary bubble. With environmental pollution and need for reduction in carbon emissions, palladium is forecasted to exceed $2000 by 2020, and more than double by $2025. A sustainable and viable alternative has yet to be found, and would likely take many years to implement. “This is not a bubble”, suggests analyst René Hochreiter (billed as the Mick Jagger of PGMs), “but early in a new bull market”.
[continue..] The RNS was quick to point out that a couple of other recent palladium mining deals, including $2 billion for Sibanye and CAD$1 billion for NAP, which was recently acquired by Impala Platinum, and that the Monchetundra Kola Peninsula asset had a total resource of 15 million ounces of PGMs, mostly made up of palladium. What it didn’t seem to point out though was that both of these are more expensive in terms of operating cost than Monchetundra. (Monchetundra being open pit and easy to mine, so that work may commence very rapidly and provide a large profit margin for many years.)
This was, strangely, met with negativity by a group of people on bulletin boards and Twitter, spouting all sorts of negative predictions, some of which were more focused on an accent of a fluent English speaker, instead of taking a short minute to calculate the value of the company [Billions]. What was clearly mentioned within the original RNS was that neither bank had actually signed an engagement letter. The Banks had approached EUA and agreed to operate on a success fee basis, therefore there has as such been no requirement to do so.
At the start of this week a further RNS dropped clarifying that no engagement letters had yet been signed. Although originally clear, conveniently, numerous anonymous people appeared to have harassed EUA into re-clarification at the same time as a suspected manufactured drop in share price.
The next day a further RNS was issued; Anthony Nieuwenhuys, the CEO of Lesego Platinum – which had previously visited the Monchetundra asset and the data – had been appointed as a non-executive director of Eurasia. Mr Nieuwenhuys has also held senior positions at a number of other key EPC organisations, so the appointment of Mr. Nieuwenhuys was a great addition to the board. Further compounding the belief that shareholders have in this company.
The same RNS also stated though that the company had no intention of entering into any agreement with Lesego. The same RNS suggested although there was no intention to enter into any arrangement with Lesego, both companies continue to keep this under review.
There was some recent speculation by the aforementioned group of co-ordinated attackers on news on its producing West Kytlim asset. Despite the 66kg of platinum production EUA that had been approved by the authorities for production in 2019, EUA managed to reach the target. Furthermore, they have removed the need for contractors – enjoying 100% of the margin (a three-fold increase). Money used from cash flow has wisely been spent on necessary equipment.
It seems does not seem strange that Mr Suschov had mentioned a ‘maximum’ production of 200oz per day one of his interviews. Quite a significant rate, and to be sustainable with this kind of rate, the strategic advisor mentioned Eurasia are now undertaking quite a significant exercise.
Often pump and dumps only last a matter of a few days or even hours, but when it is something more, something magical and something special then it’s not just small private investors who get involved, and they can go on for a long period of time, and that certainly appears to have been the case with Eurasia Mining (EUA).
This does of course give opportunities to trade the rise, as long as you manage to get out before the drop comes, but ultimately the fundamentals play out and if something looks to not have risen by it’s fair and justified value, then it’s almost inevitable that they orbit to space at some point, and those who got to believe in the story and the crazy low share price are the ones who tend to come out on top.
Some will be quick to point out unwarranted criticism of this company as one to “avoid” at the end of last month at a share price of 1.9p, it went on to more than double. That sort of written propaganda is easy to predict when dealing with such a successful company as Eurasia. And those who didn’t heed the inadequate perception of the companies’ value will have seen their investments continue to rise.
In the case of Eurasia it appears that there has been far more going on than just a group of PIs believing in it, as the company itself had released game changing RNSs and Twitter, and there were also a number of interviews – some of which, raised much interest in the company.
The sudden rise in share price from around the 0.5p level naturally saw numerous warrants being exercised, for a small profit compared to their overall value, as well as non-executive director Dmitry Suschov first transferring 25.472% of his company – Deloan Investments which holds an 11.07% interest in the Eurasia shares – to Alexei Churakov for a nominal amount as an incentive in his new role as a strategic advisor to the board of Eurasia.
Subsequently a further 10.42% of Deloan was transferred to Alexander Sushchev, also as an incentive for his new role as another strategic advisor to the Board, and also for a nominal amount.
Working out exactly what is going on with all of that is not difficult – as there was no need for the company to use extra cash, dilution and meant that their fees were directly related to the success of the company and subsequently the shareholders. Thus, the recent addition of the strategic titans is an invaluable positive to shareholders.
That alone is enough to remove any suspicions. Furthermore, claims were being made in interviews, especially with regard to a potential dividend payment that has sparked even more interest for shareholders.
A bigger rise was triggered by an RNS on October 24 when two large investment banks – CITIC in China and VTB Capital in Russia – were looking at strategic options for its assets, including the possible disposal of its assets, and with particular focus on its Monchetundra palladium asset, which is yet to reach the production stage.
Twitter... is just twitter.
Andre I don’t think that’s fair on Zak tbh.
Until yesterday he didn’t have this information from the company. How can you hold him responsible for not tweeting about something he either didn’t have knowledge about, or he wasn’t allowed to release?
And when he finally is allowed to comment on it, instead of being happy he’s met with criticism-?
I for one am grateful for his messages to us and feel bad for him, being subjected to abuse on this boards as well as being bombarded by investors - even though it’s out of not only his, but EUA’s hands.
Jarosg- I had Kalan filtered ages ago and after your post guess what, you’re joining him :)
Deramper clearly hasn’t even read the RNS’s!
Screen shotted that lovely little essay to put on my palladium door once we sell monchetundra for £1.5bn+
Yep I agree LB. the insects are crawling out from everywhere. Probably the last chance at a short attack at these levels they’ll get. NED along with the rest of the dream team put us in a strong position.
- don’t reply on a thread of a troll- it literally makes them money.
- answer questions, indirectly, using another title should you wish
- report the rude ones. And don’t get involved with them. Just filter or ignore :) once you take away their existence; their posts become meaningless and they’ll have to stop. Or they will get paid a lot less
- certain paid people always make their own titles, attempting to sow negativity and discord
E.g Phrase they like
“I would be wary about throwing money in here”
Oversold at the mo; sp destined to bounce back, and then some. This commodity is huge, and the last one of its kind. Palladium is also important in terms of breaking the stranglehold on the precious metal groups. Pd has been shorter and now there’s a global structural deficit, because the demand cannot be matched by the supply the reigns are off and Pd will continue to soar- est $2000 next year and $3600+ by 2025!
Whether there is a sale or not, remember the potential outcome in the short, near and long term.
Big week ahead! Fill your boots.. buying frenzy with big ii’s ready to throw money’s into this. Keep hold of your tickets, sell them - totally up to you.
The palladium is in the ground, and not very deep either.
And the demand isn’t going anywhere. In fact, because it’s more expensive and mining conditions are worse In South Africa, investors will choose RUSSIA over SA. Hence Mochetundra will be a better option for investors than any other pgm mine outside Russia :)
Production costs are lower, and trade is always there. Billions in reserves, rising each day
Pleased to have AJN on the Board as mentioned his contacts, especially among PGM and gold producers in Russia, China and South Africa will be invaluable when looking at the best investor to purchase Monchetundra.
Last week was a great week, this week we’ve received positive news, which has seen both parties (Lesego & EUA) still have a potential asset sale under review, but with a change of approach.
Could very well be negotiating some finer details of the sale at the very top level. An end game is even closer now than ever. It would be a shame not to mine this ourselves and become stinking rich every year for decades, so I guess one fat dividend payout will have to do for now.
A lot of movement has happened since the bank approach RNS four weeks back. Four weeks until Christmas Eve - and I look forward to each and every update before THE ONE.
Yep something changed from sept 16th till now: the banks approached us, more interest from different parties with deeper pockets, palladium prices are higher, we have a stronger tactical negotiating position and our SP has increased 600%
Back to back negotiations, PR silence, appointment of strategic advisors & NEDs- within 6 months this will 90% chance have been sold imo. Either that or we’ll have flank licence and be able to commence mining itself (after which, any potential value today will look minuscule to the asking price once we are developed).
“it was noted that the appointment of Mr. Nieuwenhuys to the board would ONLY occur if a potential transaction with Lesego Platinum was to PROGRESS“
Meaning, his hiring was dependant in Lesego transaction being successful.
(EUA) “would like to reiterate that there has been a change of approach at board level, and at this stage, there is no intention to enter into any arrangement with Lesego, although both companies continue to keep this under review. Instead, the Directors believe that the experience of Anthony and his contacts, especially among PGM and gold producers in Russia, China and South Africa, could be beneficial for the Company as it continues to explore potential options for the Company's assets including a potential sale of the Company's mining assets.”
So now still hired, just that the transaction is not necessarily with Lesego- could be a number of other people, most likely a bidding war in the background. Also- the Lesego deal is not off the table .. but we are going to maximise what we can this for.
Yet another member to help potential disposal of assets. Strong team going forward in these critical stages. Ignore SP manufactured drops, noise and green boxes, and remember the fundamentals of Palladium and what we have at Monchetundra.
Should be an SP of 5-5.5p without sales, Flanks, and Tipil licensing.
Still more news to wait for, and the quite a few big players are accumulating and loading up here.
Should be an interesting few weeks. Everyday negotiations get one step closer to an outcome.
Link to old rns/ dmitry interview :
dropbox .com/sh/ak8rewy0pkvqgzz/AAAKnn_EoKwjcLiDrFTCIhMka?dl=0
https://www.dropbox.com/sh/ak8rewy0pkvqgzz/AAAKnn_EoKwjcLiDrFTCIhMka?dl=0
YouTube video link:
https://youtu.be/d_YMY6yiMDE
To interview
Vox interview with Alexei Churakov
****************************/articles/eco-atlantic-oil-gas-safestay-and-eurasia-mining-8da333b/
Yes the interview is worth watching multiple times.
Also nennyb, nice to see you, Elanor and Dimsum all logged on and commented at the same time this morning. So sweet. Friends? Or same person