I think most of us know that this will be tanking for the forseeable. 1.5p is somewhat inevitable possibly lower than that.
I am happily invested at 5p.
The thinking is that the value of what we own does not marry our stock market valuation and the answer is simple - Ukraine. The democratic world is owned by the US/EU/UK and till the war resolves itself its unlikely much will happen.
I am hoping, wishing, living in a fantasy la la land that some Arabs or Chinese pay some silly money and make us rich quick.
On the same note - if the west push putin too much there is a chance that EUA will fall back into state ownership and effectively bankrupt us shareholders.
Its a risk im willing to take a £75,000 risk when i bought in at 5p.
Time will tell
I can see this stock climibing to 100p someday prob after the war has finished.
The resources we own is phenomenal, the value of which is many billions worth.
This war has put a real spanner in the works.
I am invested at 5p and wont sell a dime - i can see this dry powder exploding at some point. Prob late next year i reckon
Till then 1.5p will be our home, - just accept it.
Share price is completely falling apart today.
Next week it will revisit 1.5p levels at some point.
There has been no news since the DFS rumor fell apart,.
Still have faith in the management and this will deliver one day and will reach dizzying heights - the managment have plenty of stock and deeply self invested and so this bodes well with me. but it will take time.
Till that day comes, heres to it tanking much much further
I think people are beginning to apprciate the dry powder which EUA is.
its worth being much much more than the market values it at.
after the events over the past 5 days - i reckon a new base line will be recognised.
1.5p wont be visited anymore.
Todays News from Bloomberg:
https://www.bloomberg.com/news/articles/2024-06-10/europe-in-talks-to-keep-russia-ukraine-gas-pipeline-flowing
EUROPE needs Russia's gas and oil. speaks volumes.
Business is business, war or no war. Russia does not need the UK, apart from potatoes sadly this island nation produces f* all in terms of natural resources and mineral wealth.
The UK needs to develop a better identity for itself, be a leader and be an honest and open broker.
Sadly at the moment we are Great Britain by name only......
Stop being so idiotic. I would rather have EUA slowly work towards a grand sale worth billions.... it will come.
The war cannot go one forever and Europe+US need Russia and Russia needs Europe+US.
News from TODAY:
https://www.bloomberg.com/news/articles/2024-06-10/europe-in-talks-to-keep-russia-ukraine-gas-pipeline-flowing
Christian Schaffalitzky is actually a nice guy. A lot of the factors affecting EUA's business transitions are because of the Ukraine war and circumstances which are beyond his control. The business is still generating a profit, shareholders have not been diluted and Christian owns almost 4% of EUA through his own shareholding - so plenty of skin in the game.
It is in Christian and EUAs managements own self interest for their own financial futures for EUA to be sold.
Think we gave Christian a break!
Look at helium one, shareholders diluted to oblivian, debt which is astronomical, management have little invested in helium one - and a complete wing and a prayer that they have discovered a mammouth helium deposit!
EUA wont go bankrupt, they are producing and selling and have various lines of credit available.
Management own a lot of stock - plenty of skin in the game and will always do best to secure the company for themselves and by proxy for us.
The downfall in the stock price is solely due to the delay in the sale process and the Ukraine war.
Russia wont play roulette with business as they still need US and EU for business and prosperity and so it would be dangerous for them to start taking things into state ownership etc.
I think we are at least at the midpoint of this war and a lot of things will transpire in Russia's favour over the next few months and this will ultimately, hopefully bring some sort of resolution.
Personally i find it despicable that despite what is happening in Ukraine that Russia was not even invited to the Normandy events last week.
Sunak did a runner from the event and our BAE planes are used for commiting genocide in various parts of the world and we as a colonial country got an invite to Normandy - oh the irony!
A bit of history for you had not been for Russia most Europe would be Nazi Germany.
An AMERICAN article from The Washington Post gives a bit more context:
https://www.washingtonpost.com/news/worldviews/wp/2015/05/08/dont-forget-how-the-soviet-union-saved-the-world-from-hitler/
Lets hope and pray that there is no nuclear war or escalation.
Thing is once you own a nuke - there is no-one who can unthrone you - it is the ultimate deterrent - end of.
Putin and Biden are sensible enough not to go down this route.
Biden needs to be more like Trump and think 'America first'.
Americans have sacrificed much in funding ukraine and for what? most ey neighbours havent even sacrifced a fraction. Trump will make the Europeans pay there way - and so they should.
Putin undertook this mission in Ukraine - to prevent NATO expansion and stop the suffering of native russians living in the east of Ukraine.
Im on the verge of calling the police because my neighbour has decided to put his satellite dish on his side of the wall but only just, the bolts mounting the dish are on his side but the antenna and 90% of the satellite dish is on my side of the building line and this has angered me.
If i had missiles facing me - id be rather more pi**ed off.
Lets stop provoking Russia, stop the NATO Expansion and find a path to peace.
Dont be so utterly daft. Russia is not finished.
Russia will simply sell its products onto markets that will accept its products more readily.
At the moment most Russian goods head towards Asia, Africa and South America, that is three quarters of the worlds population.
And the diesel in your car is prob Russian. Russia sells it to India and we buy it from India - duh!
Our loss is there gain.
Furthermore the Russian economy grew, EU and UK economies stalled.
Russia made it very simple and clear last week especially to the US.
Place your weapons in Ukraine and we will place our weapons near you!
Does 265 million Americans want russian missiles (poss nuclear) facing them from 70miles away in Cuba? - No prob not!
Its about time peace prevailed. Lets accept Putin back to the table and talk things through logically. Stop NATO expansion - and peace will ultimately prevail.
What i am saying is that after the war is over, Mr Putin is more than welcome to come to my house for a friendly cup of tea.
Been watching Clarksons Farm on Amazon Prime - very entertaining.
Since the Ukraine war the price of fertilizer has gone through the roof, without which not much grows in the UK.
Most fertiliser come froms Russia.
Point is business is business. Putin wont scupper business relations with the west. Russia needs the world and we all need Russia for its natural resources be it Platinum, Gold, Metals, Oil, fertiliser etc
In fact despite thousands of sanctions the Russian economy grew more than even the UK.
IF they UK had a tenth of those sanctions well the UK being frank would collapse.
Sadly as a Brit, The UK is not needed in particular by any country on Earth.
Everything the UK makes and manufactures is available through other channels more easily and cheaply. We dont grow much and as a country sadly we are not naturally gifted with precious metals or easily accessible oil etc. We are a bit of a dud.
Half of Americans dont even own a passport, when its cold, they head to Miami, Florida, Dallas or Phoenix, LA or better still head to Mexico etc. There is lots to see in America why go elsewhere???
They have zero interest in world politics or Ukraine for that matter.
Most of the east of Ukraine is home to native russians who have been persecuted by Zelensky and his mob.
This year even the Sunshine has sadly decided to skip us :( what a dreadful June so far!
I sleep comfortably, without any concern.
What the last couple of days have proven is that EUA is dry powder and any whiff of a done deal and this will shoot sky high to astronomical heights.
I will hold on until management sell up and move on.
For they are much invested in EUA with millions of shares being held by them- plenty of skin in the game.
This week we have the court case outcome. Europe is becoming dominated by the far right. Pro-russian -Victor Orban to take over EU prescidency in July. Trump hopefully will come into power and this will all contribute to Russia being accepted into the fold and this stupid war ending.
Most likely it will be 2025 probably before anything major happens now...... when it does :)
could be next week though so who knows?
What the last few days have done is re-energised the need for a sale, for some action to happen so it may happen sooner than later - but again who knows!
Just be patient - switch off for now
The current conversation in the politcial world is very blunt, direct and honest between Putin and Biden+EU.
Putin has said if US+EU puts arms into Ukraine then Russia will do the same.
Just like Russia, does 265m Americans want Russian Submarines and missles facing them just 70 miles away in Cuba?
Most Americans do not give a flying monkeys about Ukraine.
Trump will tell EU fund the war yourselves. Europe in turmoil with so many divisions and almost bankrupt as a union cant hold a candle to Russia's military might.
So an agreement will be made and that will be that .
What the rise in EUA did show is the HUGE HUGE potential it has.
The Management at EUA have been nothing but straightforward and honest (remember the management themselves own much of EUA and so they need to do well to walk away with a decent pension!)
Todays RNS is nothing but direct and blunt.
Much of this share price fall is to do with one thing only UKRAINE
The world needs Russia and China no matter how much a person can hate them. Russian metals and Chinese electronics.
Putin cant fund the war forever, Europe cant fund Ukraine forever - something will ultimately end up being agreed. Most probably Russia will end up keeping half of Ukraine where mostly native russians settled (half the size of France).
Once Russia is accepted back into the fold - all will be back to normal.
Time is needed, patience is needed to
The sale will happen at some point - investors simply got ahead of themselves.
Precious metal prices ever increasing, Europe in Turmoil - far right winning, Ukraine war likely to be coming to an end soon. If Trump is voted in then this will multiply many times over overnight. Remember the management have a lot invested of there own money. - patience is all that is needed
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold mining company, notes the recent increase in the Company's share price and the online speculation regarding the Definitive Feasibility Study for the Monchetundra project in the Kola peninsula northwest Russia (the "Monchetundra DFS").
The Company wishes to reiterate that the Monchetundra DFS was completed in 2023 and whereas work has continued at site to keep the ground in good standing, there have been no material developments regarding the Monchetundra DFS since the Company's announcement of 3 July 2023.
The primary focus of the Company remains the possible sale of its Russian assets although, as ever, there can be no guarantee that Eurasia will enter into binding agreements regarding the sale.