Member Info for mac4671

Could you imagine having shares in a company which has a massive palladium rich asset in this current palladium price environment?.
Hello and welcome to eurasia mining -

MT and monchegorsk geology -

https://www.researchgate.net/publication/252268728_The_Monchetundra_Basic_Massif_of_the_Kola_region_New_geological_and_isotope_geochronological_data

Historical drill results for MT and volchetundra -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x55ym2x

This amount of exploration funding years ago -

https://www.proactiveinvestors.co.uk/companies/news/226/eurasia-mining-revisited-0188.html

GLA

Where there's any palladium?, need it FAST, like yesterday!!!

“There’s no metal,” said a trader in London. “Consumers are stockpiling. It’s all been shipped to China.”

https://www.reuters.com/article/us-palladium-price-graphic/theres-no-metal-record-breaking-palladium-races-higher-idUSKBN1ZG1T6

Eurasia mining are in the position of their lives!!

GLA

Just need the herd to arrive and for more regular updates to start.

GLA

For us here -

https://www.finam.ru/analysis/marketnews/akcii-norilskogo-nikelya-mogut-pribavit-eshe-20200117-15100/

GLA

If they calculate the future EBITDA, then any deal on that is pretty straight forward.

What's interesting with eurasia is that although MT is not in production, it's a very simple low cost and fast to production open pit to get it to production. With the EPCF contract with sinosteel guaranteeing a set processing figure, you can argue that it can get to production with virtually no risk to eurasia. This places it in an extremely unique situation in my eyes , and NN and the world need fast to production palladium assets right now, this very minute, and so time is very much of the essence!!.

https://www.bvresources.com/blogs/bvwire-news/2019/01/03/ebitda-multiples-by-industry-new-statistics-on-private-company-selling-prices

GLA

8.6 x 3.85 = 33.11

And that will be why ii's are happy to keep accumulating in after hours trading.

GLA

Something else to really look at is the Norilsk nickel figures as they tell you just how quick they would make their money back on a multi billion deal.

What we think is a huge deal for eurasia, it's peanuts for someone like NN -

https://www.kommersant.ru/doc/4221391

GLA

In production that is the value with a 1.9Moz resource.

The thing to note which is circulating, is the 8.6x figure which is the industry average for deals.

So even as we stand today a deal figure is looking to be many multiples of where we are currently sat, it's all to play for with eurasia. PGM prices have truly made it the perfect storm!!!!

GLA

How do you know, have you seen any cost figures?

The RNS states it is fully funded, there is no reason to not believe the RNS.

GLA

https://twitter.com/GMF782/status/1218092578064814080?s=20

That tweet may put things into perspective. But always make your own decisions in regards to investing!.

GLA

Interesting to see BUYS being marked down as sells. 0.4655 is what i managed to get my top up at, just checked.

I don't think phase 2 drilling will take that long tbh.

Will this be the same company to run the piping from orange river at a later date? -
"The Company have contracted a third-party Namibian firm, Spes Bona, to manage the water needed for Phase II drilling. To date they have run more than 2 kilometres of piping from bore holes and installed several storage tanks."

GLA

I've picked up a few more myself at 0.4665 i think it went through for.

GLA

"Tantalite Valley Mine ("TVM " or the "Mine") "

GLA

Tantalite valley mine

GLA

At this price, with a mine that is producing tant and expanding its resource through drilling, i would say so.

"Initially, the Company will focus on the movement of Tantalite and Niobium products directly to the end user. Initial trades have already been agreed and the Company has a first small shipment out for approval in order for the end user to test the supply chain. The Company will provide further updates in due course."

No dilution, expansion, and income makes for a far better picture and business model -

"Kazera has also recently signed exclusivity agreements with several EPL (Exploration Licensed) areas within Namibia with a focus to add tonnage to the existing TVM plant while establishing some level of artisanal supply from these sites.



Working Capital



The Company has the working capital necessary to complete the Phase II Drilling Programme and, in addition, expects to generate small revenue streams through Kazera Trading as initial shipments are sent to potential end user customers."

GLA

You'll also note how big the financial rewards of such rises are to Norilsk nickel, the article highlights them very well.

With financial benefits as described within that article being so huge to them, they will be all guns blazing towards acquiring russian palladium assets IMHO.

GLA

In a top russian business paper, as they talk about all things 'russian palladium'

https://www.kommersant.ru/doc/4221391

GLA

That's it, the main bit for me is having the income stream, without it further dilution was going to be the bee in our bonnets.
Seems a very positive RNS and the steps that he has taken are very logical, the company seems to be in safe hands tbh, i would however say that news flow needs to continue and on a more regular basis, as the news black out really effected things here.

GLA

Produced at WK asset, 2020 is eurasias year -

https://www.cnbc.com/2020/01/13/the-hottest-trade-of-2020-is-rhodium.html

GLA

2600+ anyone?. . . . . .
https://seekingalpha.com/article/4317201-pall-palladium-price-bubble-quickly-bring-metal-to-2600

GLA