Remember we had 2 on Xmas eve
Agree Gecko,
Full of ****
Go to your bed jr, they tweeted they had left at least 2 weeks ago. We all know why they were there. To give us our multiple baggers. Too bad you won't benefit you sad little man
It's all positive IMO Happy, new or old. There is nothing negative about this company, the fact we have to wait and wait seems to get people down but hey ho, good things come an all that!
GL
Well Happy,
There has been hugely positive facts posted today and I haven't once heard you concur with them. you have a not bad amount of shares there. I would be happier (about EUA) if I were you.
You sound it right enough!
Well Happy,
If you have that many shares, you WILL really be happy soon!!
ATB
Downtothebone,
Excellent! The big boys know the score. It's funny, maybe JR should be on the phone to them, they might need his advice! LOL
Eurasia Mining PLC (LON: EUA) has updated on the definitive feasibility study (DFS) for its West Kytlim mine project in the Urals where final approval of the key document is now expected this month.
The company noted that the DFS has now been approved by the working meeting of the Russian State Committee on Reserves.
It said final DFS approval will be an important milestone for the project, because it will eliminate single asset risk β by unlocking production across several pits β and will allow concurrent mining that will enable increases in production volumes (versus a sequential approach to mining the deposits).
Importantly, approval of the DFS will allow all-year-round mining operation for stripping, earthmoving and mining activities. It will mean that during winter months, when the water source is frozen, the company will be able to prepare ore stockpiles for treatment in the next processing season.
"The directors are delighted with the finalisation of the DFS and the approval process aimed at production increase in these exciting times for PGMs especially for palladium and rhodium,β said executive chairman Christian Schaffalitzky in a statement.
βThe company is committed to its strategy, while also adding value to its projects. Further announcements will be made in due course".
Presently, whilst DFS preparation and approvals were the main focus, the company noted that it has also begun preparations for 2021 early.
It noted that 1,525 ounces of raw platinum was produced this season and looking to 2021 it expects to learn some lessons from last year - when it was impacted by a delayed permit.
Efforts included the preparation of technical project documentation for 2021 production, early application for permission from forestry authorities, acquisition of additional equipment to increase the production volumes in anticipation of the concurrent mining at several open pits and early stripping, earthmoving and stockpiling activities.
Additionally, the company said it has put in place strict measures in relation to prevention which allowed for zero coronavirus (COVID-19) cases at West Kytlim production sites.
All positives from this company, they know what they are doing JR does not!
@TheMarquis,
That is a great post!!
Parsley,
I'm not blinkered by anyone on this board. I've been in since 1p. I have a six figure return from this presently. waiting on it becoming 7. Thanks for your concern though, it means a lot to me that a stranger cares about my investment as much as you and your bum chum Calamari.
ATB
Calamari,
Which you have none of so wtf are you talking about?
Parsley - A resource is the amount of a geologic commodity that exists in both discovered and undiscovered deposits. They will soon become reserves upon the DFS arrival. That clear enough for you?
Stop antagonising people who are excited about their investment here. Stop arguing with everyone. we don't want to hear your negative views. people on here want positivity and useful information. if you can't post any, jog on to another share where you can.
OK
Because there is far more resource than that and that is why GIP are shoring up what we all know is there with the definitive study
This is what they are doing!
Christian Schaffalitzky, Eurasia's Executive Chairman commented: "This reorganization is designed to optimise our execution team. We are delighted that James has agreed to take on the CEO role. James's focus will be to work with our advisers on the sale process. Since joining Eurasia in November 2019 after completing due diligence on behalf of a potential buyer, James has got detailed knowledge of Eurasia's assets and he is of immense help both in terms of the sale process and in terms of demonstrating to the interested parties the strength of our own management team and its capacity to execute. Dmitry changes his routine Board roles for the role of Chief M&A Officer and together with James will strengthen the management team involved in the work streams with several interested parties. We are grateful to Dmitry for his long-term hard work on the Board level over 10 years and the Directors look forward to working with him in his new capacity".
That is because this is not a run of the mill sale. We were informed of multiple parties interested in July. The more punters the longer it will take and nothing of this magnitude has been up for sale in a long time!
JR Ewing?.... No! JR Hartley?.......No! JR Shorting....... Yes!!! Tut tut,
BTW,
The last paragraph is what we are waiting for!