Member Info for Ian_

Good morning,
The latest Which? this magazine has highlighted that within its findings between the years 2017 and 2019 every car tested by them so, between Euro 6B and the latest Euro 6D has had a good reduction in Nox ( Nitrogen Oxides ), and CO ( Carbon Monoxide ) g/Km which are harmful to people and so this is great for human health but have noticed a corresponding increase in CO2 production, which is devastating for global warming, they go on to question the car manufactures who basically have nothing to say on the mater, well I'm just a logical thinking person and as the catalytic converter basically oxidizes all gases such as CO, NO, and HC into CO2 and water, the answer to me is that the catalytic converter PGM loading has been increased and the converter is more efficient in operation hence the grater CO2 output.
The point I'm trying to make is Johnson Matthay the British chemicals maker reckons that demand outstripped supply last year by one million ounces, and Anglo American Platinum expects that shortage to widen to almost two million ounces this year due to the use of higher catalyst loading, so I think the Which? report reflects exactly that, it proves the greater use of a larger quantity of PGM's within new catalytic converters, so the supply deficit could be about to double, just nice to see some evidence in the press of what Johnson Matthay and others have been saying and there I think is the proof.
The grater addition of Rhodium, that other Metal in our PGM basket will be required to lower the working temperature of new catalytic converters because of the greater use of Stop-Start that allows the catalyst to cool below the normal high operating temperature, Interesting times ahead for our company and it's very valuable resource in PGM's.

My thoughts for today.

ATB

Hi Portsmouth, well said sir you have hit the nail on the head with that post..

Here is a post from Throneofgames from last December:- please read to see his research....ha ha

Thronegames

Posted in: EUA

Posts: 90

Price: 3.55

No Opinion

I have a small stake but...24 Dec 2019 18:07
thinking of increasing my holding. I'm not loyal to any share like some posters here seem to be. I'm only here for the money. I only know that they mine Palladium and other metals / minerals somewhere in Russia. Can anyone give me three reasons why they will increase substantially? I normally stick to FTSE 250 and Nasdaq / NYSE stocks that pay dividends. I had SXX for a while but got fed up looking at it and sold at a small profit.

He knows nothing and has to ask...says it all

Throneofgames, good afternoon, may I say you have used a lot of words in that post of yours to say absolutely nothing of value, you have invested a small amount of £5000 pounds, you obviously did not do your homework and maybe even cheated and copied somebody else's work and presented it as your own, teacher will not be happy, because had you done the working out yourself you would not only have obtained the answer but learned how you got to the answer along the way. It would appear that you just jumped in on this stock as it rose quickly up the charts hoping for a quick profit, well unlucky, good things come to those who wait, the clever and astute investors here do all their own homework and know what they are getting into and what the possible outcome scenarios would be along the way, and stock suspension was certainly ON our list of possibilities, as this blinder of a game by the management to sell assets and or full company at a time when its PGM basket was on a tear and in short supply made absolute sense of after 24 years of hard work, as the outcome of this gameplay plays out and the opponents jostle to finalize the outcome of this mega-deal for the last non-consolidated alluvial mine benefitting from lowest quartile cash costs, this is it, the last one left, ready to be bought out, the game is coming to a conclusion, brinkmanship is in play, we are all excited at what the outcome could be worth to each of us as shareholders.... You, sir, should not have invested in this stock as it is obviously causing you stress, may I suggest you go back to playing on your X box your obviously favorite Game of Thrones, as AIM is not for you and you have no clue as to what you have invested in. This stock suspension is of NO cause for concern as it was to be expected, but matters out of the company's hands have brought it forward, to where we are today, I personally do not expect any news next week.

Good luck to all genuine holders of this stock.

All the best

Tilly, top o' the mornin' to ya,

Thanks, Tilly for your get well wishes.

All the best

Ian

Good Morning, and just to add, Palladium spot Price Per Ounce is now $2,754.00 and up + $40.10 as I type.

https://www.apmex.com/palladium-price

Have a good weekend all

Hi, jimjam, yes I like the phrase you used there, I feel the same, all the best to you mate.

Have a good evening

An article from the Times today :-

They talk about the new high for Palladium and then go on to quote $2585 per oz, which as we know it has now surpassed and as I type is at $2736.20 per oz, well, Johnson Matthay the British chemicals maker reckons that demand outstripped supply last year by one million ounces, and Anglo American Platinum expects that shortage to widen to almost two million ounces this year due to the use of higher catalyst loading, so the supply deficit could be about to double.
Does that mean the price per oz of Palladium could actually double, who knows, there are certainly interesting times ahead for the value of this scarce commodity that we just seem to have an abundance of...

gulagescapee, or better known as MoroccoKnows, you are not doing yourself any favors with that retort, I was trying to be helpful to our newest recruit, why don't you try and be nice too......

Off-topic, to assist fellow EUA investor during this time of share suspension :-
Hi obmuj, what test equipment do you have? what is the value of current that is this parasitic drain? knowing the value in mA will help to fault it, examples can be glove box and boot lights not turning off, leaky rectifier diodes within the alternator, there can be many causes for this fault and you need to connect in series with your battery earth lead your multimeter on the DC Amps range and then systematically disconnect the various circuits till you find the culprit and the drain ceases, I will guess it is probably the Alternator diode pack that has gone leaky, they contain normally 9 diodes, 6 for the full-wave 3 phase rectification and the remaining 3 for the DC rotor excitation, so first disconnect all the connections to the alternator to see if that is the cause of the drain or not. we are a nice bunch of investors here and like to help if we can.
good luck in tracing the fault.

All the best

Ian

Also, but pointless at this time because the stock is suspended and you cannot buy any, but if you had a "Cash ISA" this can be converted into a "Stocks and Shares ISA", just a matter of filling out a simple bit of paperwork and you can now buy your stock from within the nice ISA wrapper and pay NO tax as you already know.
Just for inro as well.

Good evening AussieRidge, great post sir, unfortunately .....

Come on what about the lead boot or hot tar..... :-)

Good morning HappyScot, and as others have stated welcome aboard, so sorry to hear of your recent redundancy and hope you recover your job position quickly, you have invested wisely and will be rewarded, this current stock suspension is due to a technicality of leaked ongoing negotiations and not of anything negative relating to the company who's fundamentals remain strong. I wish you all the best in finding new employment quickly.
Good luck sir.

Hi Nathdomb, I'm also getting pop-ups from various sites some relavant some not, the scantily clad woman advertising laungery was not something I had Googled, at least not without first engaging the Chrome browsers incognito tab....:-)
I think the LSE makes some money from advertising in a linkup somewhere and may also only apply to the free site and not the pay'd for one with L2 access.
Good luck

With me being a long term investor in this pathetic stock, it never rains but pours, or should that be poor......as that is what I am sorry to say I feel I will be after my investment goes down the pan.....
Good luck everyone we all need some here, I see JP has spread his evil web to another company, how many companies does he need to infest and rob the shareholders...

Good luck all

Stix, so you are saying he has got bitten by some cat fleas....... :-)
All the best

Afternoon Ragsrob, and welcome aboard, I hope you do well also, and I don't think you could have picked a better stock, it has much more going for it than most on AIM, if you have done your research you will be aware of the good odds here, we are a supportive bunch here and will protect our stock from the de-ramper and botfly, I'm not sure your 250,000 shares will be enough to speed up your retirement but who knows, I'm more of the 28p-84p range and not a believer of the wild valuations out there, but who knows what someone will pay, we can only speculate as none of us know till it happens. do not worry about this temporary stock suspension, it is due to a technicality, and not fundamentals which are strong.
All the best to you and good luck
Ian

Tiger, Good afternoon, If as you say " Not short here. Never had any shares in EUA, either." Why are you here ? to protect us all form making a BAD investment decision in your eyes, thank for the kind thought,
Good-by and all the best

Good afternoon all,
Eurasia Mining Plc, Started life back on the 24th March 1995 with approximately 20,000,000 shares of £1 nominal value, the company has endured many lean years with delays in it gaining various mining and mineral extraction rites, this has led to various capital raising strategies like the issue of warrants, and even to the effect of the senior staff and directors having to foregoing cash and accepting remuneration at par in shares to save the depleting cash pile. This over the years has led to the current share dilution to where we now have 2,72 bn shares in issue. This strategy has kept the company buoyant throughout the lean years to where we are today. Fact- The company Directors and its senior staff must have had great confidence in that it is worth taking remuneration in shares instead of payment, and they have also continued to purchase the stock with their own hard-earned money along the way.

latest Director share purchases from June last year.

Dmitry Suschov  -  BUY 9,920,000  -   Total Holding   456,989,458

ChristianSchaffalitzky  -   Buy 8,500,000  -   Total Holding   84,509,517

If the directors buying and holding such a massive amount of stock in their own company does not inspire confidence and conviction for you, I don't know what will, it does for me....  

Extract from The Chairman's statement- 

" Finally, a thank you to our shareholders who have stuck with us through a very long and expensive process and to those senior staff and Directors who have equally shown confidence in the future of Eurasia by foregoing cash and accepting remuneration at par in shares."

A Fantastic Plus point in owning this stock, as the company is fully committed to raising the share price for itself and for us along with it......

One of the company's discoveries was a strike of a rich seam of PGM's some 41km in length, yes you read that correctly that is not a typo, 41km in length, that should give you some idea of the vastness of the mines that this company operates.

Over time with the rise in the value of Palladium, the dynamics of operation changed, what was once uneconomical to dig out of the ground at circa $400 per oz equivalent to it value, what was the point, now that Palladium is trending up and is currently at as of today $2,475.20 per oz the dynamics are in a totally different league, the company finding itself in this enviable position of sitting on a "Gold mine" has decided to put up the for sale sign, it is using the co-operation of two of the worlds largest banks to assist on a no-fee basis, either a full company sale or just sale of assets, one person close to the negotiations who should have known better has leaked via twitter how the negotiations were progressing, this leaked information was company sensitive and prejudiced the fare trading in its stock, hence the suspension.

When things have been finalized we will be informed via RNS, not before.

Those Shorting this stock will pay