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I found this helpful: Mineral Deposit Value – How to Calculate the Potential Value of a Mining Project
https://undervaluedequity.com/mineral-deposit-value-how-to-calculate-the-potential-value-of-a-mining-project/
Mine has also been classed as a sell
I did another top up also for the same reasoning.
I hope EUA is sold and I won't have a choice in the matter. The same has happened to me in RRE and HGM this year and this will be my third if my predictions are correct.
L. Ananieva = Lyudmila Ananjeva who is the wife of Dmitry Ananyev
Mac, they must be very special beads. I must be in the wrong business.
Back in 2012 there was an RNS: https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x226znx
Queeld Ventures is wholly owned and controlled by Kipford Ventures Limited ("Kipford"). Kipford. Kipford is wholly owned by L. Ananieva.
I'd like to understand the change in ownership of Queeld.
Who is Galina Pchelkina? Strange that little to no reference can be found when searching?
Thank-you for sharing and thank-you to A1Ex for the information.
Thank-you for sharing the article JT. The author comments on much of what I have experienced over the years. However, I'm fortunate in having done my own research to know that EUA should belong in the "Good" & "Cheap" area of the most discussed stocks graph depicted in the article particularly when I compare it to other stocks invested and LSE boards I have been reading over the years.
I appreciate all opinions on this board and particularly when they can be backed by evidence and/or facts i.e external links or documents. This way I can make my own mind up like everyone should reading these forums.
Trust nobody. GLA and DYOR.
This is fantastic news. Well done to the board and GLA the only way is up from here!
See you in the morning. Here is hoping for a 7am Monday morning RNS. Night all!
A pint of Fosters and a bacon butty for me please. Water and paracetamol on the side :)
I'm a New Zealander and you're always welcome to our country rowka :) I'm glad you enjoy our country and our wines.
Best of luck everyone. Looking forward to a positive week ahead :)
My understanding is:
It's based on shares owned. If there were 100 shares total and you owned 10 of them you would get 10% of the vote.
25000 shares of 2,694,000,000 total EUA shares in issue = 0.00000927988% of the vote.
It doesn't matter what the shares cost, just the number you have of the total.
That's why those who have a very high number of shares like the board of directors and certain companies/individuals have the control.
Thanks for catching that :)
Couldn't agree more. Anyone can write for fool.co.uk and you'd have to be a fool to take for granted anything they say. DYOR.
Monchetundra project - Kola peninsula
https://www.eurasiamining.co.uk/operations/monchetundra
Mineral Deposit Value – How to Calculate the Potential Value of a Mining Project
https://undervaluedequity.com/mineral-deposit-value-how-to-calculate-the-potential-value-of-a-mining-project/
Dmitry Suschov interview:
https://www.youtube.com/watch?v=d_YMY6yiMDE
30,000 Kg Pd x 34.2857 = 1,028,571 x $1930 per ounce USD = 1,985m USD
15,000 Kg Pt x 34.2857 = 514,285.5 x $950 per ounce USD = 488m USD
2,000 Kg Au x 34.2857 = 68,571.4 x $1900 per ounce USD = 130m USD
28,000 Kg Cu x 2,204.6 = 61,729,433 x $2.86 per pound USD = 176m USD
30,000 Kg Ni x 2,204.6 = 66,138,678 x $6.39 per pound USD = 422m USD
3.2b USD = 2.4b GBP
Potential starting offer at 5% total value = 90m GBP
Potential price per share value based on current shares in issue (2,694m) = 3 to 3.5p
However, we need to add in the huge potential of flanks (the game changer).
15m oz x $1930 per ounce USD = 28,950m WOW! NB: Does not include other metals.
Total = 32b USD = 24.45b GBP
Potential starting offer at 5% total value = 1,222m GBP
Potential price per share value based on current shares in issue (2,694m) = 45p
Calculation is conservative (5%), approximate, and rounded down in several places. Just because this is what is calculated doesn't mean it is what will be offered or what I believe is a fair price in the current market. It's just an opinion and please DYOR and calculations.
This is why the price I asked Ian to put me down for was 45p but I hope it's much closer to 10% i.e. 90p. Anything above this would be incredible.
I look forward to and encourage corrections and further opinions. GLA
Monchetundra project - Kola peninsula
https://www.eurasiamining.co.uk/operations/monchetundra
Mineral Deposit Value – How to Calculate the Potential Value of a Mining Project
https://undervaluedequity.com/mineral-deposit-value-how-to-calculate-the-potential-value-of-a-mining-project/
Further to this I would also add that anyone can write for fool.co.uk. Their opinions are no different to any opinion you would find here. Take it as another view and DYOR. I've done that and while my valuation is on the low side to many here I still believe there is value for shareholders at the current price by at least a factor of 2.
Personally I wouldn't trust someone who writes for fool.co.uk and is "studying IT and finance" any more than I would trust anyone else on this board.
I've saved the link so I can go back and laugh in a few months now. GLA