Member Info for Ian_

Morning, does anyone else use Halifax Share Dealing as the site has been down for me all over the weekend.
Thanks in advance-
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Jes, so not in "Morocco" then.......

Now, Now, play fare Jez, you and Simon reputedly live above a Fish & Chip shop ..... :-)

The UK. Leigh-on-sea, nr Southend-on-sea, which is the home town of LSE. ( nearly rhymes ) still half asleep.
Morning all.
Points of interest from last night's thoughts of mine:-

The directors have a lot of skin in the game and are incentivized to extract the maximum value that they can.

This company has entered the perfect storm, PGMs are in cyclical short supply, they have a colossal amount and prices are going through the roof.

The company has decided on a quick path to making itself a lot of money by selling off some of its large resource-heavy
acreage by getting two large international banks involved.

The company has a very low running cost as is the case with open-pit mining, basically, you just scoop it up and process it, all from above ground.

The company is fully funded, does not need cash and can continue to make a massive profit just by carrying on to mine as usual.

You have all done your due diligence and purchased your Golden, platinum, palladium, rhodium, tickets, hold on to them tightly, they are worth a lot more than face value.

The company, the staff, senior management, and the Directors who all received shares in lew of pay, now want a BIG
payout for all their hard work, they are looking to be landed with the biggest payday in their career.

We just happened to have joined in on their payout, enjoy the ride, they don't appear very often.

We have all purchased a share in this thoroughbred, the jocky is forward-thinking, and we are now all off to the races.

Good Luck all, but I don't think you will need it, this share speaks for itself.

All the best to everyone invested

Ian

Thanks, Mercedes,
You have a good evening,
The woodworm infestation has started :-)
All the best

Continued-
there may also be a road weight limit or some other restriction on the size of vehicle movements, who knows.
There may even be a restriction on the output that the existing processing/wash plant can handle? Point of interest:- In early September this year, a decision was made to purchase the enrichment plant and to continue mining. The main element of the washplant is a scrubber (a large rotating cylindrical screen through which platinum bearing gravels pass under gravity and are disintegrated and washed) which was purchased from mine cashflow with peripheral machinery including pumps, piping, generators, crew shelters, and other sundry items from the operating free cash flow at West Kytlim. 
I personally think this share is a very undervalued, a strong buy, and hold out for the big prize, we need at this time to be aligned with the management on this one, as they certainly think this share is a buy and hold, the journey is just starting for this company, they are starting to increase production and grow the company organically from all the hard work done over the years, that have stated that they have shareholder interests at heart.
 Quote-" Eurasia's aim is to discover and to develop substantial Platinum, Palladium and Gold deposits capable of delivering value to its shareholders"  
Quote-"  We thank our shareholders and supporters of the Company and look to further build on our recent successes to all our benefit "
There you go.." To all our benefit " you can't say more than that.......They need the share price to grow for everyone's benefit, it is all there in Black and White.  End of the Day, your money, your choice. But you do know what I'm going to do!
Oh' buy the way, I hope you all saw the result of what I was saying about Big money wanting to get in on this share, with the tree shake to drop the price to fill a large buy order, later Friday one juicy Buy shows up along with others after hours.
22/11/19 17:09 - 3,687,874 - 4.06 - £149,727.68
Beware of the mm's smoke and mirrors tactic, and do not put a stop loss on this share, you have been warned, as you may come home to find your holding has been sold out for you! they need these shares, they are in short supply and they are moving from the Impatient to the patient, who have more sticky hands and the guts or balls to hold for Gold.

Good luck all holders of this lovely, lovely share.
Roll on Monday.
Have a good evening
Ian

  

Good Evening All.
Latest thoughts continuing on from original post-
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 2,664 Milion 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 great confidence that it is worth taking remuneration in shares instead of payment, as they have also continued to purchase the shares with their own hard-earned money along the way. latest Director share purchases in June this year.
Dmitry Suschov BUY 9,920,000 Total Holding 456,989,458
ChristianSchaffalitzky Buy 8,500,000 Total Holding 84,509,517 
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 share, as the company is fully committed to raising the share price for itself and for us along with it......
The Negative posters amongst us keep raising the point that if the company was worth what we have speculated, why is the Profit margin so small? as reported for the period DEC 2018 at only 3.24 Milion......
We are not a manufacturing company producing something to sell, we are a mineral extraction company, that has spent most of its time and money proving up the size of our potential resources (assets) to enable the valuation and extraction of vast amounts of PGM's. we have also decided to cut out the middle man and now on an owner basis, with 100% of metal revenues payable to Eurasia as opposed to 30-35% prior to September this year. Or In plain English- an increase of 65-70%.
Why have we not produced more?, well, we have only just started, the company is fully funded and does not see its self requiring any additional funding any time soon (I wonder why), a smaller size company like ours costs less to run, lower equipment and staff wages bill to pay, less tax, etc. Now the company is growing organically it may wish to pursue the purchase of larger dump trucks with associated equipment and more staff or even a conveyor belt 41km in length, for that rich PGM seam that it recently found, but it may not want to over-leverage itself at this time and maybe persuing the (odd asset sale ;-) that would enable it to purchase this larger equipment, - To be Continued

Evening Bunsenburner123, Fair play to you as well.
This is not your ordinary share, this is your Extraordinary share, everyone wants this share as the company is worth much more. people tried to assist you when you said what % were they holding, and you replied you thought holding more than 5% of this stock was risky, cough, cough, the MM's will use smoke and mirrors to drop the share price to fill big orders that go on in the background, perfect example today, reported after hours:-
22/11/19 17:09 3,687,874 4.0 £149,727.68 Buy
In all honesty, I would try and regain my position in this share and then Hold, as it has lots of running room, your decision, your money, I hope you have a nice weekend and sorry if I snapped in reply to you yesterday.
Good luck
Ian

Just to say I haven't laughed so much for ages, I was crying with laughter, have a good weekend all.
lovely finish for the end of the week, roll on next week.
All the Best

They must be filling a big order in the background for that little shake..

Gasbag- thanks for your kind response, good luck with your future investments and hope you make a recovery on your capital loss, all the best.
Ian

That's the spirit, Auric...... :-)

I hope it works out well in the end for you PS200306, good luck.

Cheers Jones,
ALB

As for Marco, he and his chums were talking loudly all the way through the presentations on the boat and people were looking at him to shut up, no manners at all.

ZIGG, that is another problem WHO is involved, as yet unknown if truth be told....

Lossgain- He was so convincing and from Shell, so you thought he knew what he was on about when he spoke, I attended the Gherkin (still got the T-shirt and 3D viewer) and also the Sturgeon Thames boat trip ( ate the popcorn )...When things went wrong you believed it was just bad luck and that the next drill will hit, then the next, and the next, this sounded such a good investment originally. Being stupid I should have preserved capital and got out when the price collapsed down to 58p but you think to yourself we are underpinned by the Horst valuation of circa 50p and we may well strike lucky on the next drill so you keep your money on the table, then they inform you that the Horst valuation is only 23p...now you are in gambling territory through no fault of your own, then the next drill fail's.....On original presentation, we would not drill any well with a chance of less than 30% success.........In regard to JP, if he exaggerated the original gas in place figures as alluded to by Exploration with regard to Fastnets figures, his chance for hitting gas is increased as a bigger target to hit, if we do the reverse, simplistic view, 30% chance for say 1Tcf pool, now if that pool of gas is only actually 1/2Tcf then that 30% chance in my eyes drops to 15%, Only my simple view on things....History now, but one does wonder if there is actually much gas there in the first place...I think we conned big time by this person, I was just a fish to reel in, sad on reflection.

I suppose on hindsight for any new investor at this level it is a worthy punt, but for any investor with an average of 1m at 58p odd it would take thousands to average down, so no point, and haven't got enough spare cash anyway, it was all in here, and with my health issues no chance for a return over 10 years. yes JP you really did screw us with your verbal...
Good luck all in whatever you decide to do.
we are all caught between the devil and the deep blue sea with this one....
All the best and hope Trellis father gets well soon
Ian

Hi Owen, you don't mean level2 do you?

Chrishutch, with respect so far today there have been a total of 6 trades, consisting of 5 sells and 1 buy for a total price of £492, think this may take a while...Good luck