Member Info for EthioEthio

UBS working on no deal no fee = a high probability of a deal. UBS are the best in this.
The demand for rare metals will only keep going up. I believe the deal would have been done already but for bidding war. All the big boys want Kola. World class, a rival to Bushvelds and that came from EUA. GLA

Well done to the BOD. They keep delivering and they never fail to do so. All of them top class , no doubt the best BOD in AIM.
The share price is a bit disappointing. A lot of peeps selling the news on AIM nowadays but this time, its a mistake. The MEGA news we expect can still drop any minute. EUA have already given an update on sale last month so there was no need to mention it on today's RNS.

When the MM present you with an opp, load up and lock it.

"the Buyer has informed Eurasia in writing that it has successfully completed its due diligence."

the buyer!

GLA

Who was MD at rosegeo at the time of all the hard work at Kola? Konstantin Firstov!

Firstov is now at EUA, CEO of MT and Rosegeo assets.

Poaz is MASSSSSIVE

Here is what rosegeo were saying about Poaz in 2020.....they expected a lot of drilling and all that has now been done.

"Vladimir Ivanchenko, leading geologist of North-West PGO of the Rosgeologia holding: “We have now found three platinum-bearing horizons, which go there further for another 3 km. Further south, can you imagine? We get one layer and 3 more layers above it. That is, this is such a huge ore occurrence that, in general, one can only dream. We calculated the forecast resources and they amounted to about 336 tons of platinum and palladium. "

Research...believe ...hold!

Check out the whole article in the below link.....amazing stuff.....in another article , rosegeo said it could be worth $25 billion. Nyud may be the best of them me think and even Rowka said that is the jewel in the crown.
WK is about to treble in size and we have Rhodium there. MT is a monster. The Rosego assets puts EUA in the same league as the big boys. Massive re-rate coming here.

https://rosgeo.com/subdivision/szpgo/news/monchegorsk-mozhet-stat-platinovoy-stolitsey-kolskogo-zapolyarya/

Great day for EUA holders today. When we were 19p and some bed wetters like Roger were selling, we said placed at 26 and Veles were in at 29. If you loaded up at that level, well done! We're now going for Blackrock's entry 38p before news. Resistance seems to have been broken. The next RNS will be MEGA.
GLA

Alex found and posted the MT flanks license on this BB and twitter BEFORE it was RNS'd.
Anyone that has time can check on his history.

Roger65 made a massive mistake selling his 1.3m shares. He told us he was out and CAW1 printed his trades - 1.3m.
When our share price went up after he sold, he came back here to say he was still in which i very much doubt was true.
Anyone that holds EUA shares would not tell peeps to be careful. #bigmistake
Big deals take time and this will be mega!
EUA have used the word 'shortly' in the past and the following RNS came about 2 months later. Its coming. HODL
GLA

UK Investor Show 2014 video - Eurasia Mining

https://www.youtube.com/watch?v=tHpIf9bKM0M&t=125s&ab_channel=TomWinnifrith

The above was uploaded by no other than ugly dude himself, Tom W hahaha. He should have gone long on EUA in 2016 but he did the opposite and lost big! #stillbitter

If you pause that vid at 11:22, you'll see some numbers. Very similar to what you see in the link below ,page 6.

from page 6

https://webcache.googleusercontent.com/search?q=cache:6S3bX7EIycUJ:www.vsegei.com/ru/public/reggeology_met/content/2019/79/79_08.pdf+&cd=4&hl=en&ct=clnk&gl=uk

"The most powerful and spatially consistent veins are concentrated in the Nittis massif.In addition to living, on this array were metin the last years of mining, ore stocks have been measure in diameter up to 9 m and long-to a depth of up to 30 m.reserves of the deposit were (thousand tons):158 nickel, 90 copper and 6.43 cobalt. Average content in ore (as of 01.01.1957):nickel - 5.1%, copper - 2.9%, cobalt -0.23%, platinum 1.46 g / t, palladium - 6.92 g / t,rhodium - 0.21 g / t, iridium - 0.031 g / t, ash-ta - 0.02 g / t. Mineral composition of solidsulfide veins: pyrrhotite (70-80%), pentane-dite (5-15%), chalcopyrite (7-15%), magnetite(8-10%) and pyrite (0-3%). In addition, the place-birth is very favorable to power sources(HPP cascade atR. Niva near Kandalaksha) and enough close, only 30 km, from the main road for this territory of the Murmansk railway"

That is just from drilling data depth 200m. EUA would have gone 500m like rosgeo and would have proved up much more than the above. If you add up the numbers that is massive amount of rare metals. The Rhodium alone would be worth a lot. This is just at MT. Add the flanks , Rosgeo etc and you know why this has taken long and why we're still in a bidding war. CS said, "we made some rather spectacular discoveries at Nittis". In one of the videos, he also said they'll be looking to sell this massive asset. Years of hard work is about to pay BIG! MT without the flanks , WK or Rosegeo assets is multiple of our current MC.

GLA

You really can't peeps running for the exit door. Re-rate news can drop any minute. GLA

EUA - The Last Unconsolidated Palladium Producer - not for long!!!
It's about to kick off
You really can't see a lot of peeps running for the exit door now. The opposite will happen. SP should go up unless mms decide to keep it here for IIs or funds to load up. I actually want shorts to stay open :) They need to pay big for the FUD they've been spreading about this excellent company.

As i said last time, NN are massive fav for MT and Nyud. I remember ROWKA saying Nyud could be "the jewel in the crown" which is when i first checked it out way before Rosgeo JV.

EUA tweeted the below back in August......WHY???

#EUA #PGM #batterymetals. A photo from the Nyud (EUA Rosgeo JV project) site, at which recent drilling completed by Rosgeo, Nornickel plant at Monchegorsk in the background.

https://twitter.com/eurasiamining/status/1427270457842151434

GLA

Roger told us here that he sold 600,000 and had 1.3m shares left a few months back but Gecko didn't believe he had that much. I had an L2 account at the time and saw the 600,000 trades. 1.3m shares were sold (see Caw's post from wed). I think frustration got the better of Roger. #bigmistake. #impatience #victimOfFUDbrigade

MMs and LSE
What's the point of paying for an L2 account when you print large trades at mid price, print trades late often days later etc to conceal the direction of a market? That's why i didn't renew my premium account. #manipulation It's much better to use live charts.

As for EUA, our last RNS was superb. The sale process has now moved on to the last stage. News on licenses, JORC, sale can drop at any minute. Don't make the same mistake as Roger. GLA

GLG, we've placed @26 , Veles @29p and Blackrock @38p. At current price, its a give away. That's why we saw nothing but buys in the 19s and 20s. At some point, they have to let her go and just like we've seen in the past, 150% raise in days is coming to burn the shorts. When sale is announced, shorts will end up like Jub Capital, bankrupt and unable to settle their borrowed shares which will foook up the brokers. They're playing with fire, the lot of them!

"The Monchetundra Definitive Feasibility Study (DFS), contracted to CKE and EMR (both defined below), is in the final stages of its development further to the successful completion of geotechnical and other studies performed by Gipronickel (an engineering arm of Norilsk Nickel) as well as an audit by Wardell Armstrong International."

Today's RNS

"Further to the proposal (the "Proposal") from the credible party (the "Buyer") on the potential asset sale announced via RNS on 12 May 2021, the Buyer has informed Eurasia in writing that it has successfully completed its due diligence."

You have to assume its NN that completed their Due diligence for MT. Why else would they have an audit done and all kind of tests?. All in the RNS from 1st sep.

successfully completed = NN are happy with their findings at MT. If there were any issues, it would have meant they pulled out but they put in a written interest. Rhodium and Palladium baby!!! That's what made some $7 billion profit for NN in 2020, look it up in their annuals. 60% Palladium at MT, lots $$$$$. Lets say 5% of what's at MT is Rhodium, i will let you do the maths. Huge! EUA valued MT at $1.3b in 2018. Its been RNS'd. That figure today would be multiples as the prices of what's in our basket has gone up considerably/multiples and note, we're only talking about MT here. NN will want the Rosgeo assets too. All are close to each other and a big company like NN would not have to build many processing plants to get the best at Kola.

BIDDING WAR

NN seem to have competition. I believe that's why DS has stopped twitting. I have said it before and i will again, Tesla may be in the mix. Kola would be perfect for their increasing demand. They are a TRILLION $ MC and they need our metals to achieve their goal.

In today RNS EUA told you, "We see competition for Nickel-Copper-PGM assets"

That competition is coming from car companies. War between car companies and mining companies for assets.

As EUA share holder of some 2 years now, i have nothing to worry about. I don't even bother looking at chat BBs. I don;t trade EUA, i cannot risk it. We have THE BEST bod and they're doing great. Don't let the deramp crew get to you. With this RNS, the BOD are telling LTHs to say calm while the MMs play their game. Don't let the price cloud your judgment and ignore these 50p per post derampers. GLA

https://rosgeo.com/subdivision/szpgo/news/rosgeologiya-zakryvaet-belye-pyatna-na-sovremennoy-geologicheskoy-karte-kolskogo-poluostrova-/

https://rosgeo.com/subdivision/szpgo/news/rosgeologiya-zavershila-burovye-raboty-po-poisku-metallov-platinovoy-gruppy-v-murmanskoy-oblasti/

""The geological data obtained over the entire period of work on the Poaz massif confirm its uniqueness in terms of predicted platinum and palladium resources, which, according to preliminary estimates, amount to 336 tons of P2 category, which significantly exceeds initial expectations," said the head of North-West PGO JSC Konstantin Firstov."

where's Konstantin Firstov now? @EUA

Eurasia Mining PLC (AIM:EUA, FRA:EUH) has appointed a new chief executive of its subsidiary companies in the Kola Peninsula of Russia.

Konstantin Firstov, former Managing Director of Rosgeo has been appointed as chief executive of the 100% subsidiary Yuksporskaya Mining Company, and as chief executive of the 80% subsidiary Terskaya Mining Company.

Terskaya holds the Monchetundra and Monchetundra flanks licences.

Truthfactory, peeps posting here are invested. You are not invested or short so why are you here?
Nothing better to do? sad life

Truthfactory
"but honestly some of the values talked about on here are ludicrous."

It's clear that you have very little knowledge of EUA. I told you to invest when share price was 3p on the ESL bb. You said you would consider buying at placing price of 22.50 a while back and i assume that's why you're here . The value peeps talk about is real.

MT - ONLY!!!!!!!
EUA's value MT as per below - from RNS 7th of Dec 2018

"The Monchetundra Project has an in-situ total reserve and resource value of approximately US$2.1 billion (an internal calculation based on London Metal Exchange November 2018 spot metal prices, and prepared for guidance only) and is now fully permitted for mining."

That was when Palladium was ~$1000
Palladium today stands at at over $2000 and is expected to keep going according to many experts
Other metal prices have also gone up a huge amount since so do the math!

Add to that, this valuation is using drilling info from 200/250m. Not even 500m.
AP have done a lot of work, Rosegeo have modern tools to go much deeper, NN have done 48,000m of drilling etc. No doubt it would have increased the resource base multiple times. MT has got a lot of Rhodium as per historic data which would increase its valuation too.

There's a deal coming. That's why UBS are involved. UBS's involvement tells you a lot. Imho, Deal will be big. Add the Rosegeo assets etc and you're looking at a mega project with rare metals in huge demand.

EUA have been very conservative and i think a big re-rate is on the cards in the coming days.

WHY do you think recalculation has been mentioned by EUA recently? MT alone is much more than our current MC. Add the flanks, WK and its flanks, the 9 massive assets from Rosegeo which are about to be ours, you are looking at a big company. EUA is going places and you best get in before its too late. GLA

Truthfactory
You said LDG which used to be called ESL is a cash shell and is worthless. I can dig all that up if you like and you were wrong. Peeps that took you're advise would have lost money or could have made a lot more. EUA is a decent company with the BOD holding the majority of shares. EUA have made massive progress at WK, MT and Rosegeo. No need to deramp a good share mate.

Gecko, you didn't believe Roger65 when he said he had 1.3m shares left having sold 600k about 6 months ago. I saw them printed on L2 at the time.
Add up the sales CAW1 printed and you get 1.3m shares. More frustration for Roger will follow as EUA is on the verge of a huge re-rate. GLA

Looks like the 'Pric' hoover is going to have a bumper day
Sells
26-Oct-21 09:22:41 21.125 2,130,372 Sell* 21.00 21.50 450.04k O
2021-10-26T09:19:21.417 GBX 21.5 400000 86000 Off-Book AIMX P AIMX
2021-10-26T09:17:27.880 GBX 21.55 300000 64650 Off-Book AIMX P AIMX
2021-10-26T09:16:46.797 GBX 21.711 300000 65133 Off-Book AIMX P AIMX
2021-10-26T09:16:10.293 GBX 21.77 300000 65310 Off-Book AIMX P AIMX
Then Buys
26-Oct-21 09:27:31 21.6349 400,000 Buy* 20.00 21.50 86.54k O
26-Oct-21 09:26:55 21.4944 400,000 Buy* 20.00 21.50 85.98k O

GLA
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Gecko
Last time Roger65 sold, he said he still had 1.3m shares left but you didn't believe him. The above add up to 1.3m. Looks like he's out. Roger has not done well elsewhere with crp shares like GDR and CHLL both some 80 -90%down and he's frustrated. He'll soon regret being out as EUA is on the verge of a huge re-rate. Not long to wait here.

The sells would have been Roger65.
Same thing happened last time he sold. He did have a lot of shares.

Truthfactory
You say you have never shorted a company and you have no investment here, so why are you here?
You go around one BB after another deramping. You're history shows you have never said anything positive on any BB. Always spreading fear and uncertainty. You said the same about ESL. You said that company was worthless. You told peeps to sell and run at 3p. Where is ESL today? Yes it has sold its asset, share price way above 3p and the company has £130m in cash. You're history shows that you short companies. I swear i cannot find a stock you've been positive in your history. Why are you here if neither short or long ffs

Slow frustrating drops are meant to do a job and that is to take out the weak holders. #mindgames
The climb up will not be a point or 2 a day. We've seen it all before. If you've done enough research, you've nothing to worry about. This is a company that placed at 26p not long ago. Metal prices are going up and demand from car companies is greater than ever. Check out the market cap of Telsa, its now over a TRILLION. Tesla and its competition need companies like EUA. That's why the derampers are here to take your shares. They know like many here as well as the BOD where the EUA shares price is headed.

Big news coming and it won't be long before we get it.

Roger, big mistake imo. To sell out some 4p below placing with JORC imminent, having held for ages is crazy. GL to you anyway.