Eurasia Mining: Business As Usual24 Jan 2022 13:45
For Eurasia Mining, it's business as usual. We should all realise that Eurasia Mining is a UK registered company since 1996 and it is NOT Russian. Despite current tensions between US and Russia the worst case scenario are targeted sanctions.
Firstly, let's have a look at the impact on the share price on the last serious Russian-Ukrainian issue. Historical sanctions had zero impact on the Eurasia Mining share price. For example; the annexation of the Crimea by Russia (20 Feb 2014 – 26 Mar 2014) resulted in no significant change to the share price (0.43-0.47px).
Although experts differ on their opinion on what is likely to happen, Dr Fred Kagan states that there are insufficient troops amassed at the border for Russia to enter Ukraine and hold meaningful positions. With resistance likely to be very strong, it would be a no win situation for any parties concerned. With that being said, the chances of invasion are not high especially considering the eight-point draft treaty released by Russia’s foreign ministry recently asking for certain legal criteria to be met to avoid any conflict. Although, controversial in nature, there will almost certainly be a carefully crafted diplomatic solution.
Furthermore, *IF* there are sanctions (and that is a very big and bold IF), it would make little sense for the UK Gov to place sanctions that would cause more issues for a UK company than Russian ones. Any sanctions would have to be targeted and the current situation is likely to subside in the coming weeks.
It's business as usual for Eurasia Mining
GLA