Member Info for EthioEthio

TheMadStork

Are you saying Dimitry is wrong to benchmark v Kevitsa? Once again you want us to take your cr@p over and expert money maker like DS.

MT is primarily Palladium so which would you rather have? Which metals have greater value and are rare?
The fact that we have more Palladium is why we would be valued much higher than K. They sold for $712m back in 2016 for resources much less than what we have at MT and flanks. You've been saying we're worth $10m at best so how can you have the nerve to say i'm never wrong. All peeps have to do is look at your history and they can see you have been wrong way more than right on many many shares you were in.

TheMadStork
"No attempt to justify the (patently ludicrous when compared to peers) valuation"

Click on my screen name and see my post - ' Why Dimitry invested - Benchmark'. You will see a company which is similar to MT sold for $712m and that was back in 2016 when prices were much lower.

You have very little knowledge on EUA and it will end up costing you big

If you want a link to the video where DS talks about this benchmark, you can find it on youtube

They'll take all your shares in one go

A lot of peeps said EUA will wait to get the license before drilling work starts but not only has it been done but it has also been at no cost to EUA. This company keeps making smart moves. Proven numbers for this asset will come soon and that is a re-rate. The license transfer will be completed in a month. 140 days from start of application so should land soon.

DLA and UBS are still there on NO DEAL NO FEE. UBS don't get it wrong. They're top draw and will get their reward big time. KOLA is now a massive project!!! Rival bushvelds. Current MC is a joke. GLA

Posting this again so the deramperes know EUA is way undervalued.

Dimitry was once asked why he invested in EUA, you can find the video on youtube.

One of benchmark DS used was Kevitsa Mine

Kevitsa was acquired by First Quantum , cash consideration of $200m

First Quantum developed it and then sold it to Boliden for $712m

Dimity says EUA have higher grade Palladium at MT than the Kivitsa project which is primarily a base metals project where as with MT, its full of Palladium.

NOTE - Kivitsa was sold in 2016 and the price of the base metals was not as high as it is now. When Kivitsa was sold, the price of Palladium was around $680. Look at the price of Palladium today.

Further more, the MT flanks have added multiples to our resource as well as Rosgeo.

TMS keeps saying there's no DFS at MT. But like i told him last time, he knows little to nothing about EUA.
In this same video DS says , you cannot get a production license in Russia WITHOUT a DFS.

We're talking about just MT which is worth multiples of our current market-cap. Add WK, Tipil , rosegeo etc and you know why all the big guns are taking interest and why UBS and DLA are working for EUA.

Based on the above, do you now see why the derampers want your shares.
This is why the BOD don't panic at all and hold their shares as well as all the other big boys.
The shorts are in huge danger of bankruptcy like Jub Capital.

When you see derampers like TMS, TBTT, Purchase at the top work overtime and post more frequently than LTHs like Mac, they want your shares.

GLA

https://www.first-quantum.com/English/announcements/announcements-details/2016/First-Quantum-Minerals-Announces-the-Sale-of-Its-Kevitsa-Mine-for-US712-Million-to-Boliden/default.aspx

Palladium price history

https://www.macrotrends.net/2542/palladium-prices-historical-chart-data

Kevitsa resources

179mt
https://www.boliden.com/globalassets/operations/exploration/mineral-resources-and-mineral-reserves-pdf/2020/resources-and-reserves-kevitsa-2020-12-31.pdf

The benchmark DS used was Kevitsa Mine

Kevitsa was acquired by First Quantum , cash consideration of $200m

First Quantum developed it and then sold it to Boliden for $712m

Dimity says we have higher grade Palladium at MT than the Kivitsa project which is primarily a base metals project where as with MT, its full of Palladium.

NOTE - Kivitsa was sold in 2016 and the price of the base metals was not as high as it is now. When Kivitsa was sold, the price of Palladium was $680. Look at the price of Palladium now.

Further more, the MT flanks have added multiples to our resource. Further expanded by Rosgeo project.

TMS keeps saying there's no DFS at MT.
You cannot get a production license in Russia WITHOUT a DFS.

Based on the above, do you now see why the derampers want your shares.
This is why the BOD don't panic at all and hold their shares as well as all the other big boys?
The shorts are in huge danger of bankruptcy like Jub Capital.

GLA

montyboz

Posted in: EUA

Posts: 1,357

Price: 30.75

No Opinion

Demand12 Jan 2021 12:20
Surplus cash has little value for large PGM mining companies, especially when spot prices are high and predicted to rise further. That added to the fact there are very few PGM assets, especially surface, up for sale. In my opinion demand for MT will be very high, this is strengthened by the presence of UBS, DLA and CITIC

montyboz

Posted in: EUA

Posts: 1,357

Price: 30.00

No Opinion

RE: Yawn!12 Jan 2021 16:41
There are many here complaining about being bored, things need to be sorted quickly, it is all doing my head in yada, yada
It makes me laugh, I just think, when did anything ever moving quickly in the mining sector?
Dimitry warned people, we will not be rushing
Who forced these people to buy in here?
If it takes another year, so be it, kick back and chill out or start jumping all over the sell button

montyboz

Posted in: EUA

Posts: 1,357

Price: 30.00

No Opinion

Monchetundra13 Jan 2021 20:07
Here is my take on where we are

This theory ties together James joining the company and the 2 independent comments ref Monchetundra possibly being similar or larger than the 2 biggest deposits on the planet. It is also important to remember that prior to the 4th December Christian had never mentioned the potential size of this discovery.

In 2019 during Lesego’s due diligence process the true size and potential of Monchetundra started to reveal itself. This is why the process was suspended, it was too large for Lesego, possibly too large for anyone. Shortly after that Christian stated:

“We have always noted the significant potential in the area which we now more strongly believe can be developed into a new global mining region for PGM to rival other large PGM producing regions of the world, including the Bushveld Complex in South Africa and the Taimyr Peninsula in Russia. It is not unusual for layered mafic massif to contain multiple deposits and deposit types”

We have always noted, yes, so much so it was never previously mentioned.

The team needed to grow, that was for certain and a strong plan put in place.

The tweet, that was never removed, was planted, they needed to suspend to buy themselves time. The NOMAD was unhappy and gave notice.

During the suspension battle plans were drawn. There was more understanding of the in-situ assets and their action plan going forward. James who had covered the due diligence process for Lesego was the perfect person to join on board.

We are sitting on a monster, just how big and what do you do with it? Personally, I don’t think you could rush these things even if you wanted too.

Norilsk upgrading and increasing their refinery capacity as well as setting up the Monchegork Development Agency are 2 big clues. The whole area is going to change.

The 2 big questions that are killing shareholders, what type of deal and when, on that subject it’s anyone’s guess.

All of the above are my own opinions based on logic and research, saying that I will be happy to be proved wrong.

from Bloomberg....

Mad Dash for Metals

Car Industry Mingles With Miners in Blitz for Battery Materials

By Stefan Nicola
August 19, 2021, 11:30 AM GMT+1

Mad Dash for Metals
A few weeks back, I wrote about Volkswagen getting back together with an old flame. Now it’s time to talk new relationships between unlikely partners.

Mining giant Glencore just bought a stake in Britishvolt, the U.K. startup that’s planning to build the country’s first large-scale battery factory for electric vehicles in northern England. While we don’t know how big Glencore’s stake is, the deal gives Britishvolt some much-needed corporate backing — especially since the company hasn’t announced any automotive customers yet.

It’s also the latest of several agreements indicative of increasingly close ties between mining and automotive companies as the car industry electrifies. My colleague Alejandra Salgado reported this week that EV makers have been exploring intermediary roles in mining to secure access to key battery metals. Tesla last month struck a nickel deal with BHP Group after Elon Musk expressed concern about supply due to challenges sourcing the metal in a sustainable manner. The EV maker also agreed to a cobalt pact with Glencore in June and inked a deal in late March to get involved in a nickel-mining venture in New Caledonia.

The key resource for many companies is lithium, the silvery-white metal that’s used in virtually all EV batteries. BloombergNEF expects lithium demand to grow five-fold by 2030 from this year’s levels. A global index of lithium prices has already doubled this year, rebounding from a decline that had started in mid-2018.

for more, click on the link below

https://www.bloomberg.com/news/newsletters/2021-08-19/car-industry-mingles-with-miners-in-blitz-for-battery-materials?utm_content=commodities&utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter&cmpid%3D=socialflow-twitter-commodities

Companies like EUA are key to the future!

LTHs, please add to it . You can only fight the likes of TMS with facts. Info such as the below is what will hurt them until we get the right news from EUA.

UBS - A specialist in MnA - working for EUA on no sale no fee basis. UBS don't deal with small fish
DLA piper - one of the best law firms working for EUA on sale transaction
Minerals - The PGMs EUA have in their basket are worth a lot and their prices will only increase. Outlook is very strong
Open pit - What the big boys are looking for desperately. see problems at NN for the opposite
Cost of mining - mining is over 50% cheaper in Russia than it is in big league South Africa
Financing - while other AIM companies have and will wait for years, EUA already have this in place for MT
Rosgeo JV - BIG! Take EUA into the big league
WK - Output increasing and soon to be bring bigger profit. IN PRODUCTION.
LAST UNCONSOLIDATED PGM play - The big boys have taken out the rest
IIs and Funds - taken position and increasing. Some on FUD project to get shares of PIs.
Cash in the bank - Have cash. Someone has paid £20m @ 26.50 and yet, TMS and the idiots will tell you this is worth nothing.
Debt - fuk all! How many out there can say that?
Skin in the game - the BOD have a load of shares. They'll end up billionaires. Not sold a bean even at 43 high
Veles - paid 29p. Blackrock at 38p
ESG - Attracts investors. EUA strong on this in memory of the late Gary
Historic data - shows EUA may have a lot more than they've told us. They're using rival bushvelds and world class for a reason
Car companies - You can't have clean energy without using the kind of minerals we have or electric cars. The buyers lined up will include auto companies , may inc Tesla

The future is GREEN. Whoever said it was orange was talking out their ';#'

EUA is the business imho. Never let the sp cloud your judgment! GLA

copy paste error..lol

montyboz
"do you know of a single instance where all the assets were bought but not the company lol."

are you for real?

from RNS - " credible party for the potential acquisition of substantially all of Company's assets."

note: all of the company's assets. not the company

I know a company that has sold its assets and all it has is cash.

I'm sure there are many out there.
I know one company on AIM which has sold its assets and all it has now is money.

For those that don't believe games are being played by mms.

12:11:45 17.777 200,000 35.55k O --------- How can this be printed as a sell when 12:05 the bottom trade was printed as a buy below 17.77 @17.75
12:10:35 18.18 2,933 533.22 O ----- the ask was 18 when someone was paying 18.18
12:05:01 17.75555 54,663 9,706 O ----- this was printed as a buy

Moving really well. Buyers are back

I follow Dimity on twitter. Yesterday, GMF78 posted the below which DS retweeted. Its basically says the IIs and funds are increasing.

GMF78
@GMF782
·
16h
#EUA - in amongst the gloom a little reminder of who is taking your shares when you sell. Professional investors such as
@vaneck_us in their junior Russian fund. Thanks to nick weir for keeping group updated

Click on the link to view screen shot:

https://twitter.com/GMF782/status/1427696030838108167

I also keep an eye on all IIs and funds and their interest at EUA on Morningstar. In total, what we see is an increase with new players coming on board too such as Goldman Sacks. Blackrock etc are still with us and increasing. The shorts and MMs want PIs to sell and the only reason for that is so the IIs and Funds can take them. The MMs and manipulators continue to play games but all the big guns are holding and some increasing and that is what matters. For more, check the link below:

https://www.morningstar.com/stocks/xlon/eua/ownership

If Kola is indeed a rival to bushvelds with OPEN PIT pgms and 60% less to mine than SA, the current market cap is a fraction of what this will end up being worth. GLA

CAW1, came up as a sell on l2. Is that an order and if so, did they go up just to collect those shares? If not an order and if it was a quote and deal , are they taking 1m shares in 1 go? Either way, it goes to show how bad they want the shares. positive me think

The Ask is 17.50 and yet peeps are paying above the ask and they don't move it up. Never seen this elsewhere but it happens at EUA. Below is an example, someone paid 17.56

10:39:55 17.562 150,000 26.34k O

Its all blue with a lot of buys at this level.

Gecko, i really don't care. I've been called all sorts before and could not give a flying f...
I believe EUA and only EUA can change the dropping share price. We've done our best to keep it positive for a long time and supported EUA but it's time they did their bit and help out PIs including those deep under water. Clarity, update on progress on all fronts would help the sp and shut the fking shorts up.

#EurasiaMining #batterymetals
@NornickelGroup
$GMKN leading Pd players. $EUA Rosgeo JV drilling nearish #NorilskNickel Monchegorsk plant, which GMKN is upgrading to ?sulpher emissions in line with #ESG principles already espoused by #EUA. #ACFResearch https://bit.ly/3xRcHkJ

https://twitter.com/ACFER01/status/1427346763095158784

Both EUA and ACF tweeting as a means to reassure investors it seems but like i said earlier, sentiment will not change with twitter updates and ACF makes little impact if any as proven with their last report. There needs to be a proper update to stop the dropping share price. When you lose 58%, a huge hit to your market cap, you have to ask what you're doing wrong. The simple answer to that is, each RNS leaves peeps confused. There's no road map and the asset/s sale has taken longer than anyone has known. Plus, NDA has restricted any of us including the market knowing what and how much we have at our FLAGSHIP asset, MT. What else has been done on top of the infill drilling???? The above tweet says DRILLING with rosgeo but i didn't know that can happen before the license was transferred.

Gecko, every stock, including crappy ones claim to be working to maximize share holder return. That's just standard.
The sale process has taken ages and most of us may hold till it concludes but the length of time it has taken at least means a proper update should be given to holders. I'm being honest because all we're seeing is non stop drop.

GAZALA69
"This BB has turned into disgrace."

100%.
That's why most positive posters can't be ###'# to post as much as they did. I don't think they' sold and moved like someone suggested. I havn't and like i said before, going all the way.

Some peeps need to chill out , give it a break or change.
The advfn bb is just as bad. Not great for EUA.

The share price has dropped a bit more but we need to remember that a private II took a lot of shares at 26.50 and the demand for PGMs is very strong and will keep going up. EUA are busy with Japan, Rosego , MT , flanks , WK/flanks as well as asset/s sale and we will get big news soon. It's hard to think we're below the first placing price of 22.50 with all the manipulation and FUD project from some firms and their runners. The BoD with tons of shares will teach the shorting bas'ards a lesson like they did to TW and JUB Capital. In the end, bankruptcy for them and huge divi for us.

The BoD have not sold a bean. EUA is worth much more than the high 43 we reached which is why even those with options did not convert or cash out. If Kola is better than bushvelds, we're dealing with BILLIONS.