Member Info for del929

@Spikeyj; the vast majority of rampers here are long gone with a few blatantly obvious exceptions who are invariably ignored. The genuine holders are still here but rarely post as I believe they accept the fact that things are not looking good for EUA unless the war ends.

I can only speak for myself in that I don’t rate CS and my reasons for that have been well documented, however somehow he was re elected so I have to accept and live with how he manages the company (terribly imo).

What we are left with on here is a bunch of posters who openly admit they are not invested repeating the same points over & over again probably looking for a reaction/argument. You constantly go on about the same points, the money in Cyprus sub, DS has sold his shares, miss spent Rosgeo funds, low grade resources at MT, no buyers for the assets and WK making losses. What do you expect shareholders to say that hasn’t been said a billion times already? It’s tedious and you're wise enough to know it.

The hypocrisy in you stating at 0045 in the morning “I’ll tell you what’s weird” was obviously totally beyond you.

If you’re genuinely wanting answers to your questions why have you never contacted the company, NOMAD’s (x 3) or YJ direct to ask for clarification rather than ask people on here who its perfectly clear can’t give you any of the answers?

@Crypto; apologies I must be confusing you with someone else.

Ref the cash balance, I don’t have a clue as none of us have any idea what the money has been spent on or what other costs will need covered in the future as CS is very good at hiding the facts. It’s the EUA way in most communication. I’m hoping it’s because they are confident in selling the WK concentrate and moving some of the funds to the UK or maybe we won't need any cash once a sale is agreed but that’s purely wishful thinking/hoping as I’m sick to death of this share and just want it resolved one way or another.

Ref Spikeyj, do you honestly believe they have no agenda or financial interest in EUA and if so do you accept it’s very strange behaviour to be here for the length of time they have solely because they find it “interesting & entertaining”?

@Spikeyj; I’ve had plenty arguments with individuals on here and called lots of people out for the way they post (rampers & negheads). I've also reported hundred of offensive comments to admin. You (conveniently) totally miss my point about your post at 0045 but I also think you knew exactly what I meant and more importantly what you were trying to achieve. This share is fecked until the war ends, the vast majority of shareholders have accepted it and hardly post anymore as it’s pointless. Maybe it’s time for you to review why you’re wasting so much of your valuable time here as you're now resorting to petty, childish off topic posts too!

@Spikey; I’d say the really weird thing is EUA is 0% of your portfolio however takes up the vast majority of your posts and has done for years. The issues with EUA are well documented yet you feel the need to repeat them several times a day. Now you feel the need to target an individuals investments in other shares on the “EUA” discussion board. Take a look in the mirror and ask yourself are you really in a position to criticise others. As for Wolfe & Crypto, they don’t seem to invest anywhere and also post on here all the time as well yet you have no issues with either of them, care to explain why?

@Crypto & Spikey; if you are stating the cash position is negative shouldn’t you be justifying that statement as opposed to demanding people to state the positives. Try backing up your statements with information stating what the available cash is, monthly expenditure, expected income and why you believe it’s negative. People might be more inclined to debate with you as opposed to thinking you’re just constantly negative for the sake of it!

@spikey, i think he said deferred but honestly can’t remember. i was in shock at the whole thing. he’d either seen the pre registered votes and was been an arrogant **** knowing he was safe of p155ed of knowing he was fecked and on his way out. we’ll find out later

From what I can remember CS said himself & DS were not drawing a salary & the rest of the BOD are taking a reduced salary and they are in discussion's with a few credible parties

20 people attended, we voted before CS gave us any updates. The investor wanted USD but no one had thought to ask them before. CS didn’t realise AIX was now live. Discussing asset sale with a few credible buyers, That was about it

What a farce that was. CS needs to go, utterly useless

@Spikeyj; You state no current directors have bought any shares (which I agree is correct) however your evidence to back that statement is a link to the share capital page from the EUA website as of 8 May where it also clearly states Dmitry Suschov has a Direct holding of 190,270,430 shares and a controlling interest in Deloan Investments Limited which owns 275,377,066 shares in Eurasia Mining.

Are you claiming that is in fact a blatant lie by the company or stating DS has lied to the BOD? Either way, I think you’d need to provide some facts to back up that statement for people to take it seriously. In addition if it’s just a theory of yours, isn’t it also possible using the same thought process that DS or others on the BOD could just as easily have purchased shares. The simple fact of the matter is we have to assume the information given is correct. No BOD have bought shares and DS hasn’t sold any.

@Crypro; wouldn’t the licence requirements be similar for MT & NYUD and any first mover advantages we supposedly have?

The BOD have lots to clarify prior to the vote at the AGM, confirmation of all licence requirements, is the WK concentrate sold immediately and are there any additional tax implications if the funds remain in Russia? This new team of “professionals” I’d like to know what positions they fill, is a bulldozer driver at WK classed as professional? CS has created his own issues with his vague communications as we now have to look into every possible option with every word that he tells us. The AIX currency issue is embarrassing and not a good reflection on the BOD or the MM who have had well over 9 months to implement the listing. As usual no one will be held accountable and we move onto the next feck up ooops sorry I mean issue! It’s no wonder potential buyers haven’t made a formal offer based on the BOD’s attention to detail.

It’s worth having a read of this 20 page report again, the links on this page under “EUA Company Research”

Were Optimo Capital given more up to date information by the BOD than us as to my knowledge we only got confirmation about the wash plants on Monday? I did question about the 6 wash plants with YJ at the time however was told all information had been released by the company previously and assumed it was my memory so didn't look into it any further. I’m wondering what other snippets are in there that we are not aware of yet. Are they also in the process of producing a JORC update for Tipil & the WK flanks?

“Currently, the operation is in the midst of an expansion programme that will double the number of wash plants to six, which is expected to be completed in the coming months. At West Kytlim, the company also focuses on expanding the resource estimate over a larger area, converting to JORC standards, and incorporating these additional reserves into an updated mine plan”

It’s easy to see why shareholders expected the AIX listing to boost the SP, having waited over 9 months for it you’d think CS might have bothered to explain to us in detail how it’ll work rather than just issuing naff statements like this at the Webinar;

“And in particular, of course, we're looking at our secondary listing in Astana. And the reason for that is that there is a big chunk of our former shareholders who are not, unfortunately, served by the London market.

And we were being approached by various, shall we say, investors with that in mind. What can we do about that? And what we're doing is exactly that. We're listing in Astana with that objective.”

I honestly thought (hoped) something positive was happening behind the scenes but now I think the reason for giving us 46 days notice for the AGM is just another method of him delaying things once again based on previous years notice.

Notice for AGM

2025 46 days

2024 31 days

2023 23 days

2022 29 days

2021 24 days

2020 22 days

2019 36 days

And just got this reply from clients@sqif.kz

Good day,

Thank you for your inquiry. Please be informed that our company acts as a market maker for Eurasia Mining on the AIX exchange. As a market maker, our role is to provide liquidity and facilitate the execution of incoming orders. However, we do not comment on the presence or absence of investor demand.

For the most up-to-date information on trading activity and volumes, we recommend referring to the official AIX website.

АО «SQIF Capital»

БЦ «Green Tower»

пр. Достык, 192/2, 10 этаж

+7 727 339 51 87

I got this message from YJ this morning;

“trading has commenced but no trades have happened as of yet. Whilst I cannot comment on specifics, we believe an announcement will come to the market to help explain the situation”

Espen35

Posted in: EUA

Posts: 2,554

Price: 3.80

Strong Sell

RE: 2Ps by Friday??????2 Jun 2025 20:46

No matter which way you cut it, this is a failing share. Unlike Tommy I am not predicting 2p, as I have already seen my 4p and 3p come to pass.

A big drop is due soon though, as this share was all about the Peace, and even the press know that's not coming. As such I expect Hargreaves Lansdowne to walk soon, a 25% holder here aren't they (excuse me if I'm wrong)They are due in court soon about that whole Woodford scandal. If Landsdown lose they'll have to cough up hundreds of millions in settlement.

Once an institutional walks, that's it. 😱 Everyone else does.

Had a reply from Shiv at YJ, in true EUA fashion you have to ask why they didn’t bother to do that before releasing that last RNS and got their facts right the first time.

“The team is working with the market makers to understand the situation and hopes that trading activity on AIX will happen”

Can you imagine how confused the Russians are reading all the RNS’s, Webinars and trying to translate them and understand what they mean in order to decide whether to invest or not.

WK is a mine that we’re not mining but it is paying for all our operations in Russia.

NYUD is a huge project that we have a JORC for but we can’t give you the figures for it as we don't actually own the licence.

The Reserves & Resources RNS of 8 Feb 2022, yes we are aware that the figures includes NYUD.

We have the DFS for MT but we can’t release it as we’ve decided (after nearly 2 years) to join it with NKT and need to add that.

We can’t add NKT yet as we’ve been waiting for the underground update since 16 Dec 2021.

We are a UK listed company but don’t have a UK office, however we do have one in Japan although we have no business there.

Two of our large Russian shareholders have a pending court case in the UK reference ownership of their shares.

We have won a few court cases, even one against our own lawyers.

We are not affected by sanctions however we can’t sell the assets until sanctions are lifted.

Clear as mud!

@Punter; if you can’t see what I was doing with Spikey then that’s your problem.

You do realise that every time you reply to them you are also engaging in a discussion or should I say starting another argument.

Ref the SinoSteel contract CS has made it clear on numerous occasions that they are focusing on selling the assets and nothing else. You must be the only investor I know who’s not aware of that so maybe take your own advice and go do some research before discussing it. I had a quick look and it’s $26M the BOD would have to find out of the $176M, my apologies but the point still remains, they can’t afford to activate it even if they wanted to.

@Punter; It's called a discussion, you take a different approach which invariably ruins every chat. Where in my post was I negative? I gave an opinion as to why the BOD may have not activated the SinoSteel contract. Rather than go on the attack, why didn’t you correct my statement if you know better. To be honest I’ve never really looked into the SinoSteel info because CS has made it very clear he has no intention to activate it. You like to create arguments on here and challenge everybody but very rarely have I seen you post anything meaningful about the company just lots & lots & lots of petty arguments which I find a complete waste of time.