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What the de-rampers don't realize we are still on the runway, can see this over a 1p when they start flying at the end of this month..
Small trades here but the volume is building, bit of decent news and it fly.
Can see this doubling up on the re-start day.
Just a reminder of the latest board appointments.
The three heavyweights recently appointed to EUA to get a mega deal for its assets and its shareholders.
*Anthony James Nieuwenhuys*
Appointment of Non-Executive Director
Board Appointment
The Board of Eurasia Mining plc is pleased to announce the appointment of Anthony James Nieuwenhuys as an non-executive director of the Company with immediate effect. James has held senior positions including Chief Operating Officer at Polyus Gold, and is currently Chief Executive Officer at South African Lesego Platinum Mining Limited. James has also held senior positions at a number of other key EPC organisations, so the directors believe that the appointment of Mr. Nieuwenhuys will be a great addition to the board.
*Alexander Vasilievich Sushchev*
Strategic Advisor appointment:
Eurasia is pleased to announce the appointment of Alexander Vasilievich Sushchev (PhD in metallurgy) as strategic adviser to the Board. Alexander is a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer, that he helped sell to a company affiliated with Rusal) as well as former manager of Norilsk Nickel, the world's largest palladium producer. Alexander will be working closely with the Directors of Eurasia, Mr Alexei Churakov as well as with the banks as the Company is working on a potential disposal of the Company's assets as announced on 24 October 2019. There can, however, be no guarantee that any transaction will occur.
*Mr. Alexei Churakov*
Senior management team appointment
Eurasia Mining PLC, the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that it has appointed Mr. Alexei Churakov as a Strategic Advisor to the board of the Company (the "Board"). Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others.
Anyone read this yet, or you all to busy chatting to the uneducated . needs to be read to the end..
hTTp://johnhelmer.net/russian-platinum-is-more-precious-than-the-market-has-been-calculating-until-last-week/
Apologies If this link has already been posted, a must read till the end, I have raised my takeout target to $1b or 38p after reading..
Post courtesy of hope67
http://johnhelmer.net/russian-platinum-is-more-precious-than-the-market-has-been-calculating-until-last-week/
flava
Sometimes hard not to reply to derampers I have meet DS, CS at past presentations over the last few years and often talk to AB on regular occasions, never any new news that's not in the public domain. they are all covered by a NDA, but gives great confidence added to research when investing.
Dmitry SuschovNon-Executive Director
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, therby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS.
Not really bothered what has been produced at WK this year we only had 35% at the beginning of the season, now 100%.
Next year with extra W/plants and 100% revenue and extra flanks, WK will be a substantial mine paying a divi.
MT is the big pay day here 15m Oz's at only $50 an Oz in the ground is $750m at $75 its $1.1b plus.
M/Cap £60m is very undervalued.
First Equity retweeted this when the sp was 4p this morning. Onwards tomorrow.
EUA's share price is looking very undervalued with resources of 15m Oz"s and an upside to 40m at $1800 an Oz.
#EUA #Palladium
?????????????????? - ?????? ?????????????? ???????? ????????
??Gold may be the best known but it's now in the rearview mirror of a lesser-known metal: palladium
??Now at $1,800 oz, a threshold it recently cracked for the first time
@eurasiamining Follow Follow @eurasiamining #Palladium - Just Smashed Another Record... Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high as substitution in autocatalysts are still seen as unlikely: Norilsk #EUA #Palladium https://www.bloomberg.com/news/articles/2019-01-08/palladium-smashes-another-record-with-premium-over-platinum
Snow Good post I would second your valuation, and add that if not sold we could be looking at an sp of 15p +. Plus a future divvy of .5 nearly today's sp Pa. CS has said on many of EUA presentations that he would give and love to hand out a divvy as soon as possible when MT is in full production.
First Equity Eurasia Mining Reach Final in Russia. https://mailchi.mp/826d2d709da0/eurasia-mining-eual-reach-final-in-russia-342943