ZAO Kosvinsky Kamen Russia 68% Mineral Evaluation - Has WK Licence ZAO Terskaya Mining Company Russia 80% Mineral Evaluation - Has MT Licence ZAO Yuksporskaya Mining Company Russia 100% Mineral Evaluation - Now has Nyud Licence Not sure who has or if we still have Semonovsky Who is getting the other mines, IMO Yuksporskaya to allow WK and MT to be sold Could have a week of new mine RNS's 8 left in the JV - 3 possible asap IMO Volch - now someone has had licence for 4 weeks now WK Flanks - update due, signed off by MOD in May - Rosnedra site not updated this week yet GLA
Cost 5m for the rights to 9 milion Buying the right to Nyud can't of cost that much as JN mentions EUA cash in hand. 'This year of 2021 is unprecedented for Eurasia in terms of the Rosgeo JV completion, West Kytlim production ramp up and the cash balance the Company has at hand, all contributing to Eurasia's strong position to execute on its strategy". So in theory the 20m should cover atleast all 9 mines. GLA
Judging by the noise and loads of trades like below coming through, games at play and they will soon vanish when their master has finished and a short closes or 1m+ trade lands again 2021-06-15T13:35:54.893 GBX 22.5 780 175.5 Off-Book XOFF P ECEU 2021-06-15T13:35:54.893 GBX 22.5 5 1.125 Off-Book XOFF P ECEU 2021-06-15T13:35:54.893 GBX 22.5 780 175.5 Off-Book XOFF P ECEU GLA
Firstly is the 104moz over the 4 pits or all 9 m - 9 IMO Secondly who is Monchegorskoe and what connection/involvement/ownership has Eurasia to this - All IMO Thirdly if YGK is 100% Eurasia and is joining with Monchegorskoe then if that isn’t Eurasia are we now at 37.5% - No 100% IMO Fourthly if YGK is to try and buy the last 25% where is the money coming from - EPC agreements if that is correct 3 letters IMO Lastly are all the above fully connected to Eurasia ie the shareholders fully or will this be a separate division which we don’t own - No GLA
RE: Why do BR strangle the sp at around 22p?14 Jun 2021 21:47
Same place as when they first bought in. BR declared only their last buy, if I remember 12m shares to take them over the 1%. The other 18m had been accumulated prior with no declaration anywhere GLA
RE: Why do BR strangle the sp at around 22p?14 Jun 2021 21:11
PP, IMO yes and 1m + shorts closing. Can’t be 100% but big shorts to pull SP down and then 1m+ medium trades slapped on deck. Someone is also going to a lot of effort hiding it as well on the medium. Also MM’s will easily take all your shares off you suggesting they are in demand GLA
RE: Why do BR strangle the sp at around 22p?14 Jun 2021 19:35
IMO they are running out of sellers to fill their accumulation at this level. Friday 750k after hours, today 350k after hours and 250k during trade as noted by JT. Before that 1m+ trades each day, biggest if i remember correctly 4m+ GLA - IMO tick up soon
RE: Why do BR strangle the sp at around 22p?14 Jun 2021 16:42
In the last 2 weeks about 20m in 1m+ trades have landed on deck. Majority on the medium to not effect the SP. IMO someone (BR possibly - no1 contender) accumulating them. Big shorts have closed at the same time so going long and short at the same time to accumulate on the cheep. GLA
From annual report Top tier advisers in place as UBS, H.C. Wainwright, Renaissance Capital, ACF Equity Research, DLA Piper, Gowling GWLG, Simmons & Simmons and Nomad SP Angel Some I do not recognize GLA
- 'substantial asset sale' confirmation - MT 'Flanks license exploration project commissioned in Q4 2020 and submitted for approval March 2021' - MT 'Preparatory work for these developments will be commenced during the coming months which must also provide for a longer processing life for the plant, with the additional potential now expanded, as described below.' - MT Volche licence 'satisfied' on Rosendra site 4 weeks ago, question is who's got it - WK - Flanks application still under consideration - WK mining update GLA