RE: £1 a share6 Jun 2024 10:55
I asked ref the Reserves & Resources ages ago, imo these should have been amended as soon as they announced the Rosgeo JV had expired, either way its confusing as initially they said included all Rosgeo then later on said includes NYUD! Keith agreed and the company website removed the information however no updated RNS was issued!
https://www.lse.co.uk/rns/EUA/reserves-and-resources-update-yo5o2qemf1ltax1.html
Reserves and Resources Update
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company is pleased to announce the reserves and resources breakdown by metals for the Monchetundra Project (Loipishnune and West Nittis deposits), the NKT area, and the projects included in the agreement with Rosgeo (as announced via RNS on 26 March 2021):
The table above includes the Nyud deposit for which Eurasia's subsidiary already has paid Rosgeo (as announced via RNS on 26 March 2021) and the license transfer thereof will be separately announced. In the meantime, Wardell Armstrong International has presented a draft CPR under the JORC Code and the NPV model to Eurasia for review. Nyud is a nickel dominant relaunch project, similar to NKT.