Member Info for DimitryReacts

What Wolfe really wanted to say:

Kamm,

Do you have an opinion on that? Because I LOVE to read peoples opinons, then i'll dig that post up a few months down the line and (explicit). I can't provide my own opinion, I can;t even provide any information on Eurasia, I just come here daily to read old comments.

Mmmm

Regards

Wolfey.

"for example, toffers wants to and is trying all sorts to get eua drawn into some kind of mis-doing, is this really sign of a true investor?"

Agreed.

What are you, 95 years old?

There's a new Sheriff in town, deal with it.

Bit too new of a post for you that Wolfe.

Enjoy it whilst you can.

Anyone got any old posts for Wolfe? Seems a bit desperate.

LOL

Yep, I asked it one simple question, it's brain melted and it filtered the whole forum.

Interesting times.

I'll answer it!

LOL

It's called having a life.

Update with respect to the Rosgeo Agreement

24 Jan 2023 14:24

RNS Number : 7286N

Eurasia Mining PLC

24 January 2023

24 January 2023

Eurasia Mining Plc

Update with respect to the Rosgeo Agreement

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, notes the recent share price increase and speculation regarding the Nyud licence. The Company notes that the Nyud exploration licence was granted to OOO Monchegorskoye in mid-December 2022, a company established and owned by Rosgeo.

The Nyud exploration licence is adjacent to the Company's mining permit in Monchegorsk, Kola Peninsula Russia, and was applied for and progressed by Rosgeo. OOO Monchegorskoye was incorporated by Rosgeo for the purposes of establishing a joint venture to develop the Nyud Project with Eurasia's 100% owned subsidiary Yuksporskaya Mining Company, pursuant to the agreement between Rosgeo and Eurasia as announced 26 March 2021.

Any further developments in the Rosgeo agreement are being considered and would take place in the context of both Eurasia's sale of assets process as outlined in previous updates to market, as well as the sanctions environment, following recent (December 2022) updates to both UK and EU legislation.

For further information, please contact:

Eurasia Mining Plc

+44 (0) 20 7932 0418

Christian Schaffalitzky / Keith Byrne

SP Angel (Nominated Advisor and Joint Broker)

Jeff Keating / David Hignell / Adam Cowl

+44 (0) 20 3470 0470

Optiva Securities (Joint Broker)

Christian Dennis

+44 (0) 20 3137 1902

Is that it? That's all you have lol?

Wow.

Fran,

The company have never said Queeld don't own the shares LOL - That's where you are getting confused.

Fran, don't be shy. Explain to us, don't deflect.

My "Boss" is rattled.

Yes, yes he is indeed. But do you know who "he" is?

How do they vote Fran, explain it to us all.

But what we do see is the KK financials:

ZAO Kosvinsky Kamen

2022

2021

£

£

Non-current assets

9,726,366

5,362,684

Current assets

7,222,597

1,367,573

Total assets

16,948,963

6,730,257

Non-current liabilities

21,083,191

7,874,026

Current liabilities

2,184,055

570,275

Total liabilities

23,267,246

8,444,301

Net assets

(6,318,283)

(1,714,044)

Equity attributable to owners of the parent

(3,615,801)

(495,661)

Non-controlling interests

(2,702,482)

(1,218,383)

Loss for the year attributable to owners of the parent

(3,053,367)

(449,647)

Loss for the year attributable to NCI

(1,407,320)

(198,942)

Loss for the year

(4,460,687)

(648,589)

Total comprehensive expense for the year attributable to owners of the parent

(3,120,140)

(367,601)

Total comprehensive expense for the year attributable to NCI

(1,484,099)

(163,234)

Total comprehensive expense for the year

(4,604,239)

(530,835)

As they clearly state here:

Approval of DFS and management changes

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that Rosendra has approved the Definitive Feasibility Study for the Monchetundra project in the Kola peninsula, northwest Russia (the "Monchetundra DFS"). In parallel, management changes have been made to reflect the Company's focus on the possible sale of its assets in Russia, including the Monchetundra project.

With the completion of the Monchetundra DFS, the two open pit mines, with their related plant and facilities, are ready for construction work to commence. While we have an EPCF agreement with Sinosteel in place, the Board does not believe it is appropriate to commence construction immediately due to the ongoing sale process of its Russian assets. It is expected that counterparties will have their own plans for future development, and it is important to leave such options open.

In that regard, James Nieuwenhuys, a mining, processing and EPC specialist, is retiring as the Company's Chief Executive Officer with immediate effect. James has worked hard at taking the project to this milestone after similar work at West Kytlim and the Board wishes him well in his future activities.

In parallel, the project manager in Kola, Konstantin Firstov, is taking on additional responsibilities in accepting the appointment as Country Manager. Konstantin will have oversight of the ongoing discussions regarding the sale process. At present, there can be no guarantee that Eurasia will enter into binding agreements regarding the sale process.

And remember:

Response to media comment

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company notes recent media speculation regarding the alleged concerns of the Directors about the cash and cash equivalent position of the Company. The Directors wish to re-iterate that nothing has changed materially to Eurasia's cash and cash equivalent position since the Company's announcement of 11 April 2023. The Directors have full confidence in the Company and its assets.

A copy of this announcement is also available on Eurasia's website at:

https://www.eurasiamining.co.uk/investors/news-announcements

That's because it hasn't been proven otherwise Fran. Would you like the company to make it up? Pretend there's another holder? Create a false company?

What? What is it you'd like them to do?