Member Info for mac4671

IMHO is safely on the road to breaking record highs. Plenty rise left imo, which in turn makes it very significant to eurasia. 2016 it was at a very low price point, but as many point out, it is now at a very strong price point and only looks set to further increase. Will it go to a new record high?

GLA

$2154 at this time. . . .this is pretty surreal!

GLA

On the rise $2122 at the time of this post . . . .

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

GLA

A lot of people had skin in that, i bailed just after they failed to secure the stage 2 funding and just added more to my holding here at the time.
It's tough to watch as you know fine well that some had very large sums in there and may of believed that it would work out ok in the long run.
It's very easy to get caught up in what was looking to be a massive UK company, you feel you want to help support it with it being a UK company, but it all really did hinge on them securing that stage 2 funding!.
Getting a interested party in anglo however does make the project look more feasible, and i hope some of the large investors there do manage to salvage something.

GLA

We have a very strong basket of metals and the position only looks to be going to get better. A buyer must be chomping at the bit to get a deal done!.

https://www.metalsdaily.com/live-prices/pgms/

GLA

There's lots of it, and also happens to be "The Last Non Consolidated Palladium Play". -

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

The penny will drop sooner or later to the market!!!!

GLA

Pd price nice and primed for sale time. Anyone care to do MT figures at 10% of $2000 an ounce?

GLA

There's lots of it, and also happens to be "The Last Non Consolidated Palladium Play". -

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

The penny will drop sooner or later to the market!!!!

GLA

How many new posters arrive on a sunday isn't it?. I wonder how long their accounts will last?

GLA

Bed and isa what you can maytal - "A bed and ISA is a pair of deals where an investment is sold in a dealing account and bought in an ISA. The two transactions are carried out together so there is less exposure to market movement."

GLA

A big buy -

20-Dec-19 10:12:00 2.8109 5,500,000 Buy* 2.75 2.85 154.60k

GLA

RNS 4th dec -

"Eurasia maintains a drilling and exploration database of proprietary information for the Monchetundra Project some of which is information dating back to the Company's joint venture with Anglo American. This includes the area for which the mining licence was received in late 2018, as well as the surrounding area within a larger exploration license."

Handy when they already know what's there, don't you think?

GLA

It's just a starting point, a very low one tbh considering where we are now currently at with the flanks licensing for MT.

Everyone who has done their research will have a completely different price target on their calculators imho.

GLA

The penny has dropped yet?.

I think a good place to start is around here for now -

https://mailchi.mp/d6f025bf65f7/eurasia-mining-morning-comment-buy-pt-1275p-594959

GLA

This bit in the latest RNS - "Our cash cushion, our zero debt, the progress on the Monchetundra Flanks and the favourable price environment for PGM, particularly for palladium and rhodium, are helping us in our ongoing talks and discussions, and we believe this strengthens our negotiating position as we continue to explore options for our assets". "

GLA

15MOz, that is all.

GLA

Good old JV days -

"Volchetundra is one of three Eurasia PGM projects located on the Kola Peninsula
in north-west Russia, where the company is working as part of a joint venture
with Anglo Platinum. Anglo Platinum is earning an initial 40% interest in the
joint venture company by funding the first US$10 million of exploration on the
licence area. A 2008 drilling programme is also planned on the neighbouring
Monchetundra licence.

Eurasia's joint venture agreement with Anglo Platinum also covers the separate
West Kytlim exploration licence for alluvial platinum in the central Urals.
There, Anglo Platinum is funding work up to completion of a feasibility study to
earn a 50% interest. Mining is planned to commence as soon as practicable after
receiving the necessary permits.

The combined 2008 budget for all of the joint venture projects is over US$6
million, to be funded entirely by Anglo Platinum."

https://www.investegate.co.uk/eurasia-mining-plc/rns/drilling-report/200804030701474971R/

GLA

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

The penny will drop sooner or later to the market!!!!

GLA

How many millions for exploration you wonder? -

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

GLA

The penny will finally drop to the market at some point sick.
Eurasia is in such a unique position because of its previous exploration in a lot of areas, which was all funded by anglo american back in JV days. Millions worth of exploration which eurasia doesn't have to pay for, both in the urals and at monchegorsk!

GLA