Member Info for EyeGuy

The Monchetundra Project (of which the Company owns 80%), has state approved reserves and resources of ca 2 million ounces of palladium equivalent (predominantly palladium, and includes 28,124 tonnes of copper and 30,410 tonnes of nickel), resulting in a total in-situ metal value of approximately USD$2 billion, before metal recoveries and all costs. Eurasia has in place (signed October 2016) an EPCF (Engineering Procurement Construction and Financing) contract with Sinosteel, a state-owned Chinese corporation focused on mining. This agreement fully finances the Project through building of the 1.7m toones per annum processing facility at the Monchetundra Project.

Exceptional rns- maybe not understood yet.
Sinosteel contract in place to source all debt - value of contract $176 million.
Loan rate libor + 3.5%. Crazy that they are getting muliples of their mcap at such a low rate.
In situ value over $2 billion. The nickel is worth over $300 million.
Big upside and I would expect back over 1p tomorrow. It took omi 4 days or so for the market to react before it 3 bagged.
I can see this happening here. A few 20-30% blue days and it will get the attention.
One of the best rns’s I’ve seen this year and a bit of a gift at this sp even in a tough market.
Target 2.5-3p for me short term

then the big delayed buys show over ask. no idea how mms get away with it.
best thing I can do now is:

do nothing and wait for this to go up
it will imo. sell/slice target 2.5p
gla

in situ value of the Nickel from Monchetundra which I am bullish on is $385 million. wowsers.

agree with that. can see a good rise now. big volumes and mms screwing around. fair value much higher hence Im holding. a lot too should see that.

coco- hope you are well pal. I think you are right. Have a small amount in and now break evens but I think this is very undervalued and I think fairer value should be 3 x this. If you look at this as a peer comparison:
https://drive.google.com/file/d/0B_CYJAkvWceTaU9wVWF4dkJUczA/view
suggesting Monchetundra on its own should be circa 7p per share (compared to peers)
plus other projects and I think 2.5-3p is about right. we will see.

not much left now. next leg up. blueeeee

moving now. 0.84 vs 0.80. 1p finish ? mm dirty tricks if you ask me. target 2.5-3p for me easy
gl

lol babbler. took some more at 0.86 myself. can sell nearly at ask now. looking good

big volume. will be having a stab at 1p again soon now imo.

I think this is too cheap and 2.5-3p seems about right. Valuation from what I posted earlier is circa £140 million or 7p per share. Possibly more now license is there.

Good rise until news now. I agree such. 10 days is a great window for this to rise from here

Price really firming up now. Ave now about 4.5p would expect to be letting some go at 2 bags.

I think 6p this afternoon. Volume is great

I can sell above bid

Rns out. MYN out. Let’s see this move now

Wow. 31% up now. Ask 5.75

Agree. Big rise coming imo

Morning presto. Took a few this am.
Now 5.7 ask pal.
Gl mate

well Im happily adding. No way imo this wont go up- as the company is going to be increasing production 10 fold for starters plus sidetrack into 600 bcf potential. of course operational risks but its funded for the foreseeable according to the previous RNS's and presnentation, today is another duck lining up. maybe a small ish overhang left but with news due and big seller out its only up from here imo