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All PGM deposits in Russia are deemed strategic, even 1 gram i was told once. but also no evidence I know of of a foreign company being refused licenses to exploit deposits.
Correct me but does not Barrick have a mining operation in the Kola for PGMs so foreign companies can exploit PGMs I believe with out issue due to being strategic resources.
Looking back on my share certificates I invested in EUA in Jan 2012 and added until October 2012!
Such a long time ago! 0.7p/ps
Investing can be long term... and can be worth the wait.
Never thought it would take this long though.
I wonder if Metal Tiger still hold these shares?
Could be a nice windfall for them if they do.
They could see the potential.
“RNS Number : 6415S
Eurasia Mining PLC
09 July 2015
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
Full Exercise of Warrants by Metal Tiger plc
Eurasia Mining plc, the Russia focused PGM exploration and development company, is pleased to announce it has received notice of exercise of warrants in the Company. Metal Tiger plc, has exercised all its warrants over 30,000,000 new ordinary shares at a price of 1p per share which were awarded as outlined in our previous market announcement of 29 December 2014.”
Tom Bowen’s appointment as a NED late last year and his subsequent investment in the company was a massive show of belief IMO.
“Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that Mr. Tom Bowens, Non-executive Director of the Company has today subscribed for 7,527,604 new Ordinary Shares (the Subscription Shares") and raised gross proceeds totaling £162,972 of the Company at a price of 2.165 pence per share. The Subscription price is at the closing price of Friday 23 August 2019 and therefore not at a discount”
So with no announcement of an extension due to Covid 19 this is the date we are working to for the TEO.
Not sure if we would see this document until accepted by the authorities?
But I guess all information to be included must be made available by RNS.
From RNS,“Per the "Detailed Exploration and Mine Production Licence", completion and submission of the mandatory TEO is due 1 December 2020”
Here is Adam Habib’s incentive, taken from his appointment RNS.
“As part of Adam Habib's consultancy agreement, he has been awarded a total of 25, 619,260 share options over the Company's ordinary shares with an exercise price of 1.95 pence per share (the "Options"). Of the total, 12,803,630 will vest immediately and are not subject to performance criteria. The remaining 12,803,630 are subject to performance and will vest as upon the successful completion by the Company of an off-take agreement, or completion of a producing asset investment. The options will expire on 13 February 2025.”