Member Info for GreggsStottie

I am waiting for a few other shares to come off so hoping the sp stays where it is until I can top up!!!

The value will out at some point, thankfully I don't need the money now so can wait. The approvals should come in time....DAM health aren't with us for professional sales only.....tick tock.

For some balance - Mr Wolfe, what price do you think this could get to assuming upgrades on flanks and Rosgeo JV.. ?

Surely, thus has to go above £1....

An objective and different opinion is a good thing, however I don't get why people take anything said on here personally.

It is quite funny to see, but a bit annoying having to troll through it....on the balance of what I have seen factually from the BOD, there is plenty of value to be had...we are just going to have to sit and wait it out, and whilst waiting use what info we have to try and decipher what is happening.....

I was pleased to have bought more in the 16p and more recently at around 22p. My average is single digit so whilst the sp moves are annoying, they mean I can continue to buy in below recent placings. No brainer imo.

I have been underwhelmed with the value that BOD's get, however I feel that EUA are in a different league and the timing of the sale is perfect given the future needs for battery metals....its a perfect storm for holders. This is why I hold and continue to buy when I can.

I still have a target of £1.35 in mind...and I think this is very possible. There are some large mining companies and producers wanting access to the resources we have in ground. We are also the cheapest to extract at around $300 per oz. Something which adds considerable value to our acreage.

With multiple offers incoming I would not want to be out waiting for a lower price.

Mr Wolfe - how come you didn't buy in again at c.20p??? It was a given that it would go back up above 26p...I managed to buy more at or around that level.

Whats your view on EUA and where you think it will go???

Lets try and not make this all personal...

I like this synopsis of EUA's strategy......

Eurasia’s stated objective is to explore for platinum group metals (PGMs) and gold through self-funded own exploration targets and joint venture partnerships with strategic operators and local partners. Operations are funded from the company’s own equity funds and funded joint venture agreements. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to feasibility study level. It is then the company’s intention to either proceed to develop the project to production or partner the project with a suitable operator.

i.e. we are not giving this away!

From the ACF research note:
https://acfequityresearch.com/eurasia-mining/

EUA progress cuts risk rate
We raise our valuation range >40% for Eurasia Mining (EUA.L), an AiM-quoted Russian Pd / battery metals dominated PGM mine. The valuation approach and range remain conservative. We have examined the overall risk of EUA’s projects and concluded that recent progress reduces our project execution risk assumption. We have expressed this risk reduction by cutting our WACC on the Monchetundra Flanks project only from above 22% to 17%, still very significantly above our 8% WACC for EUA PGM producing asset West Kytlim. We continue to exclude iridium and rhodium assets and the Rosgeo JV from our DCF but examine the potential effects of the Rosgeo JV on resources and reserves trading multiples. We look forward to the Rosgeo JV Definitive Feasibility Study (DFS) on 6 of 9 assets, expected in a few weeks.

EUA sum of the parts valuation £2.96bn operations contributions – it is still all about Monchetundra
(Yet to include Rosgeo JV, Iridium resource from projects or Monchetundra Lo+Wn+Flanks Rhodium resource, PGM price assumptions highly conservative vs. 2021 average and current spot prices)
Rh production excluded from valuation for all but West Kytlim. License granted 15 Moz Flanks by Sevzapnedra, reducing flanks risk; Pd supply constrained; PGM prices significantly exceed our valuation assumptions.

Serious upgrade has to be coming.........

"M&A bod"

....and that's before the JORK upgrade on the flanks and does not include the ROSGEO JV.

Several parties negotiating for the acreage
Top quality and experiences M&M BOD
CITIC, UBS and No1 lawyers...

Its all to play for.....

....and that's before the JORK upgrade on the flanks and does not include the ROSGEO JV.

Several parties negotiating for the acreage
Top quality and experiences M&M BOD
CITIC, UBS and No1 lawyers...

Its all to play for.....

5% to 10% in ground...12.5bn to 25bn....we can dream!!!

But, it does give some context that if we sell up theres a few quid a share potential, or a one off dividend and ongoing royalties that should come for 20 years or more.

Irs certainly an exciting share to be in...the potential is to be announced shortly!!!

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that we are advancing several transactions concurrently. We see competition for Nickel-Copper-PGM assets (with a similar basket of metals like ours and the assets included in our agreement with Rosgeo) increasing on a global scale".

I love this sentence.....it means our BOD are looking for the best price and they have several interested parties. Whats not to like? I am more than happy to wait it out and see the value of our assets rise. Dmitry's investment at 5p is looking very tidy at the moment.....whether he gets 20x or 100x is the question...

All the best holders....

Yes of course. It would make great sense to give your competition the full commercial agreement on an RNS. Makes perfect sense.

We are in the final negotiation phase....as each day passes we add value. Probably rounding to the nearest 100m!!!!!!

Happy days to come...

We have had a jork upgrade +70% very recently ....it's obvious that the credible offer is for our current mining assets, and the other credible parties are interested in other parts....I think the whole of EUA will be bought in chunks. Too big and costly for 1 party to buy the lot.

It's coming home!!!

I would say that advancing several options is telling thd Buyer and the market that we ard in the final negotiation phase....so get ready for

JORK
Formal offers
Fireworks are coming for shareholders.

The £1.35-£1.50 was also before the Rosgeo jv...but who knows when this deal will close...still holding strong, and hoping for a pre Xmas present.

It could be argued that a pe of 5 is low...it can be as high as 15.

Feet on ground, 5 x pe would be wonderful!!!

Yup......and thats before potential production increases over time.

This is a broad antiviral....so, it has many uses. Very valuable to big pharma and us mere mortals. We just need to hold onto our shares and watch their value grow.

Let the auction commence in Q2 or Q3 2022.....

Mike...do you know what the likely failure rate is for a P3 trial? A clue - its lower than you think....P2 trials do a lot of the safety work.