Member Info for GingerHippo

To be fair, Harry did say that the banks were signing off after the elections. This was in one of his interviews these last few months.

Who cares? Investors care what the price will be in 2-3 years not in 2-3 days. Get a grip!

I haven't been following the recent exchanges. A quick scan over tells me it's wise to continue not following. In any case, I thought I'd leave this here for those who have forgotten about it:

https://acfequityresearch.com/wp-content/uploads/2020/02/Eurasia-Mining-Plc-MA-Valuation-FINAL-ACF-03022020.pdf

Not necessarily:

"KEFI anticipates Hawiah can be advanced to a development decision at relatively low cost due to the continuous nature of the mineralisation and, in due course, development funding will be readily available. For example, KEFI not only has a strong partner in G&M but also the Saudi Industrial Development Fund provides loans for up to 75% of the capital cost of mine development at attractive interest rates."

At 1.75 these ARE cheap shares.....!

I'd be interested in the source of this statistic please.

People's mood seems to change based entirely on whether we have a red or a blue day. No wonder ppl are getting so stressed out when we're down.

Work out what the business is worth and then compare it to the sp to see whether you should buy or sell. That's it. If you don't intend to sell for months or years, the daily price movement is not relevant.

"Invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.” ? Benjamin Graham

Yeah, I don't know why anyone would sell a soon-to-be sizeable gold producer that's basically got funding done. Today of all days!

Yes. Harry said that in one of the interviews

I expect some, not a lot hopefully.

From RNS:

"KEFI anticipates Hawiah can be advanced to a development decision at relatively low cost due to the continuous nature of the mineralisation and, in due course, development funding will be readily available. For example, KEFI not only has a strong partner in G&M but also the Saudi Industrial Development Fund provides loans for up to 75% of the capital cost of mine development at attractive interest rates."

I love it when derampers say stuff like “can anyone give me a sensible reason....” By now there are hundreds of sensible posts on this bb (amongst thousands of nonsense posts). It’s just a deramping tactic to belittle all the positive posts in one go and suggesting that anything positive can’t be sensible.

On the subject of suspension, M&A is a fairly common reason for a long suspension. No, it didn’t happen with sxx or gfrd. Guess what, those are ftse companies where a sudden offer won’t multibag the sp, so less need for suspension.

In fact, those who have been listening for a while will know they suspension was expected by many to happen before an announcement of a deal. Now that it’s happened ppl seem shocked, like it came out of the blue. It didn’t. This is bang in the middle of the blue!

EUA.

But GGP is good too

Well, there is one other share......................

2 tons per year at $2,500 per ounce to sell less $350 per ounce to mine = $137.6M pa
That's about £108M annual EBITDA
Of which EUA has 68% = £72M
Value of WK is therefore around £720M to EUA

Not bad for the smaller of the 2 main assets belonging to a company with £200M mcap.

I didn’t get the impression thru were going to market MT, but representing the Russian mining sector.

I don’t think there’s been a change either. When I saw the tweet weeks ago I checked and couldn’t see them as a exhibitor even then. I’m not sure why. But I don’t think they’ve pulled out

I sold ROCK for a small profit. Still very much in EUA

Incidentally, did you sell ROCK, sam?

It's not just about sp going up due to supply and demand. The fundamental question is, what is one share worth. IE, if I buy and hold this share forever, how much money do I get back? Has to be through divi or asset sale ultimately.

Totally different situation in ROCK. There the question was, yes they found gold. Now, can they dig it out cheap enough to make decent money.

Here, we have a long way to go and still need funding news, but it seems almost certain to come.

Plus, positive movement in the PR department. Very much needed. PR is important for junior miners such as orcp.