Member Info for Jarv55

Finally, the Directors would like to thank Eurasia's shareholders, old and new, for their continued support -and look forward to delivering further tangible shareholder value in the coming years. Also, the Directors would like to thank all management and staff for delivering on the Company's goals in recent years but particularly through the transformational year that was 2018. With the mine at West Kytlim now well established and the Monchetundra Project fully permitted, the Director's believe they have established a firm base on which to build a strong and diversified exploration and development Company

Yes lets keep that in mind lets say a deal doesn't go ahead
Last year was a key year for the Company's development: Eurasia recorded a maiden gross profit and obtained a mining licence on its flagship Monchetundra Project. At the time of writing production is ramping up for the year to full scale at West Kytlim and the Directors now regard Eurasia as an established mining Company.



The Company's strategy, as outlined since 2015/16 was to develop the West Kytlim Mine to production, and to generate sufficient revenues to allow the Company to pursue development of its further interests, while minimising possible dilution of the shareholder base.



As a standalone unit the mine at West Kytlim demonstrated excellent profit margins during 2018 and contributed to the gross profit at group level. The economics of this style of operation - with limited overheads and capital expenditure are assured, however expanding the mine at West Kytlim to multiple operating sites is now a key objective for the Company. The Directors' look forward to continued successful production at West Kytlim and believe the Company can grow its West Kytlim operation to become the largest alluvial platinum mine globally. The Directors' believe West Kytlim mine cash flows, from a single operating and contracted washplant, notwithstanding considerable final settlements of loans through 2018 (which made the Company debt free) are now sufficient to make significant contributions to the running of the Company at Group level.



The issue of the mining license at the Company's flagship Monchetundra Project in December 2018 was a further welcome addition to an already successful year. The reserves comprise palladium plus platinum, gold and base metals. The Company's plans for the project's development with Eurasia's working partners at Sinosteel (one of the largest corporations in China) and the Central Kola Expedition, the key contractor in the region for both Russian and international companies, can now be progressed. The project is a more considerable undertaking than West Kytlim and could be transformational for the Company. The Company continues to keep all options for this major project's development on the table and are further encouraged by the potential to add further to the reserve and resource base directly adjacent the project.

Interesting
excellance - 05 Nov 2019 - 15:18:27 - 32254 of 32388 Eurasia Mining - Platinum and Palladium Producer in Russia - EUA
CC,

CS also told me of the importance of being quiet when operating in Russia, and not attracting unwanted attention, until we have something to say!

Well, it appears that time has come because with all the interviews and tweets they are screaming from the rooftops now, and they have something to say that lots of people are interested in.

They really have done a great job in very difficult circumstances to keep us under the radar, find and define two class assets, keep the company going financially, and get is to the point where value can be released. Excellent job really.

Props Sam will learn like we have all had to learn Aim is a game of snakes and ladders the hardest part is ignoring the noise, the price fluctuations and sitting on your hands.

Hey Gary I am surprised to see you still posting I thought you may of been kneecapped after your Russian language barrier tweet lol

Why will it boom with another 60 million shares getting issued ? If it’s going to go higher why do it now ? And not when the price is higher ? Talks could take months ! Why buy a mine in the winter when there will be no productivity ? Just questions don’t understand excitement about more dilution

Err because the longer they leave it the higher the price goes.
Tipil licence adding 24square kilometers
Flanks adding 13moz
Licences applied for adding 5 kilometre into a known Palladium area
Multiple wash plants now being used and receiving 100% revenues instead of 35%
And the squeeze on Palladium prices.

But hey lets just wait unti the snow thaws.

Should have a good day tomorrow

The question is who are they in ongoing talks with?

Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others.

SBB they will have been forward sold

ONGOING TALKS

nearly done now
Eurasia is pleased to announce that it has received notice to exercise warrants over 54,750,002 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the "Warrant Shares"). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £328,500.



In addition, the Company announces it has received a notice of exercise options over 8,257,748 ordinary shares of 0.1 pence in the Company at an exercise price of 0.42 pence per share (the "Option Shares"). The consideration for the exercise of the Option Shares amounts, in aggregate, to a cash value of £34,682. These options were exercised by employees of the Company, not holding positions as directors of the Company or as top management or as advisors to the board.



Christian Schaffalitzky, Chairman added: "The Directors are happy that both revenues from the sale of metals from the West Kytlim operation and the execution of the warrants have significantly improved the cash position of Eurasia and its negotiating position in the ongoing talks".

https://twitter.com/mindandtrading/status/952739113140043776

Ben yes they have higher targets

surprised we haven't had any extension rns

Or we may just say fook it and throw the chart out the window.

The bat may turn into a crab https://twitter.com/Jarvy55/status/1191683981735014400

Its a harmonic bat 3.77 is the first target

its the tap tap boom move left the boom off incase it doesn't play out lol

It means hopefully 3p becomes support tomorrow think of it as a stair case 1p 2p 3p consolidation areas building solid bases at each step.

This will be interesting tomorrow https://invst.ly/oamxh