Member Info for Crabby08

Double and Ginger beer for me

Toon - the cost of mining the palladium is around $300-400 per oz Dmitry stayed in the Proactive interview, and you’ll know the current price is $2,700 per oz so easily over $2,000 profit per oz. I’m not sure the exact cost of mining platinum for Eurasia but I’d imagine something similar, still a healthy $800 per oz profit.

Hairy Harris - you say you’re on a free ride and will ride it out but you don’t believe a sale will complete in which the share price will no doubt dip for a while. Therefore anyone as switched on as yourself would sell now and buy back in the dip of no sale....but for some reason you’re ‘happy to hold’. Mustn’t be here to make as much money as possible like the rest of us

Ocarina the spelling saviour, suppose everyone’s good at something.....however small.

I’m not really to fussed about people’s spelling, more the Eurasia content in their post

Also pay no attention to Simplywallst, the declaimed Phillip Taylor was a director at the time which he isn’t.

They also had a target price for Eurasia of around £8.50 for a while, not sure what it is now but I’d pay no attention.

Billions - The ACF report which was released Feb 2020 factored a 30% discount of the MT flanks as they hadn’t been approved at the time, they have now. Also since then:

- PGM prices have risen greatly, some metals exponentially
- WK flanks also applies for and should be approved
- UBS took on negotiations on a sucess fee basis, massive plus
- Rosgeo potential wasn’t factored in to the ACF report
- Issues at Nornickel and South Africa making Eurasia far more attractive to buyer.
- Multiple bids confirmed in the FSP.
- Anything I’ve missed....

Meaning the ACF is well out of date now I’d say because of all the points noted above. Times your 60p by 3 and it’s still a gift to any buyer.

Jetcom - a very viable balanced theory you’ve presented there which could well be on the money.

Dealer55 - I’m not sure we would to be honest, Eurasia never shifts 50-60% in a day and it’s a joke. The fundamentals here stack up well over 100billion after fridays RNS and the MCAP can’t even breach 1billion. The only news to re-rate this to true value will be the offer RNS. It’s s**t but that’s how it is...

Although the fundamentals have improved exponentially since Friday, today has been an a shower of s**te and I expect will be until the sales RNS arrives.

Wasn’t there some mention from NorNickel that said they won’t comment on M&A when they were asked? Or some pre-warning say the questions on acquisitions won’t be entertained...

Agree Montmuzard, highlights what’s going on here. I think the only thing that’ll get the sp to true value is an RNS with the offer price, sooner the better!

Montmuzard - look at FAR the last week or so and the sp behaviour there on good news on potential of 2billion of Vanadium.....Eurasia has between 100-150moz and we see a marginal rise.

If there isn’t constant manipulation of the sp in play here then how is the sp sat at 30p today, when in Novermber it brushed mid 40’s and in that time we’ve received:

- WK DFS approval
- Multiple confirmed offers
- WK flanks application
- PGM price increase
- Fridays Rosgeo JV news of up to 104moz of which Eurasia have potential to acquire 75%....

Nice find wrightorleft!

Krayl49 & Quant - agree with both, valid points

Agree but can you really say financing the Rosgeo projects is a concern for shareholders. Here are the option is see:

1 - Funds from FSP to move forward with Rosgeo
2 - Earnout agreement already binding with Rosgeo
3 - Sinosteel type EPC
4 - Any other method of financing including UBS, CITIC & VTB.

Amanesia - with regards to paying for it in the next 2 years I think you’re mistaken. I’m sure it said something about and earnout or Sinosteel EPC style financing with regards to the Rosgeo opportunity.

Plus I’m sure Eurasia will be flush once the FSP concludes so I don’t see your point as a concern...

To put rises in perspective the share price was 0.4p 2 years ago and 7p during suspension this time last year. Today we’re simmering in the low 30’s.

Most of you negative twats that have turned up giving it big bananas weren’t even here in November never mind 12 months ago...you probably couldn’t even name a member of the BoD so foxtrot oscar

Correct Jono1234 - so all the lies people have tried to fabricate about Putin snatching Eurasia etc.....Eurasia are in bed with the state!!

offering over ask now to sell, keep going...

Offering 33.65p to sell, share required...