Member Info for okfornow

Looks like we are losing some good people today. Let's hope this virus can be beaten soon. Back to Eurasia. I'm going to predict news of new Nomad this week, which will be upsetting for all the doomsters and shorters. This will be followed by flanks approval. On this I will raise a glass of G&T to DS and happily await some truly great news, 60p for Mt or 80p for everything. GLA and stay healthy.

Hi, I like your thinking, I agree BODs can't talk about current interest from mining companies, but very likely there's plenty going on behind the scenes. Assets like these rarely come up for sale and current and on going problems with SA mining make a purchase even more attractive. Happy days and now back to my Will Self book.

I think some shorters here may have thought there situation could still be rescued, but maybe not so fast. A couple of cash rich Russian companies are probably ready to make a great offer. There is a multitude of ways any deal could be structured, it's going to be quite exciting to see any proposals. Bidding war still likely.

I see simply wall st. have a fair market valuation of £9.17.Seems a bit high but maybe in 10 years if all mined ourselves. One thing I would add is getting revenue from WK demonstrates we are not a distressed seller of Mt assets. I would imagine some mining companies have been waiting on the sidelines for the last few years hoping to cherry pick the best bits on the cheap. DS knows he is swimming in shark infested waters and has put on a bullet proof cossie. I personally think so far he has done a superb job.

Be amazed if any of eurasia mining assets are sold to foreigners. It is of strategic importance especially in these difficult economic times that Russia maximises profits from within, also considering currency is vulnerable. More vital to have dollar earning ability. The only foreign money allowed near these assets could be Chinese investment funds. Following recent aborted efforts of NN to increase output it remains most likely they will want to buy or JV at MT. Feel confident for a great result here. While many things are bent out of shape at the moment I think we can relax here and trust the BOD.

Had a slow careful read of RNS last night. Have to say lots of progress made on all fronts. Still seems a fair chance of my golden outcome whereby there is a total sale, or take off deal with NN regarding MT. This would produce a 60p special dividend. We keep all other assets which are then developed and mined at speed. All will soon become clearer probably by the end of next month. This is still the most exciting share on AIM. GLA.

For me a very confident RNS. As expected all is proceeding well, but obviously there are a couple of bumps in the road. Still happy to be suspended, and reassured that the directors are making super progress on all fronts. Great outcome for all investor's, just a few more weeks to wait to see strategy for next year or two.

I feel everyone's pain as far as waiting for an RNS,it does feel like a long time now especially with all thats now going on.But any news that comes should be very positive.Now mining or mining preparation is happening,we can assume that eurasia is on track to making good profits.Probably like many i thought a sale or partial sale would have happened by now,but in reality nothing has changed and great news could come at any time .GLA and stay well.

Seems like some think the global economy will never rebound. At 7.2 sale price you must have a glass empty kind of mind set. Now assuming you are not just being provocative, with respect I think you are totally way off here. If you run the numbers the company is still worth a large fortune. Any sale price sub 60p should be rejected. If we develop and mine ourselves the share price will soon massively increase and the dividends would be quite large. May take 3-5 years but will be well worth the wait.

Hi fellow shipmates, hope everyone is well and doing fine. Been on the simply wall street Web site, their current valuation for Eurasia is £9.02.Now I definitely think that's a bit toppy. Still expecting about 80p if MT sold, but it maybe joint venture now or proving up MT flanks while we mine WK. News should come later this month.

Hi Ian hope you are well, could you put me down for 3 weeks today, April 23rd, many thanks Nick.

DS is hopefully getting maximum return out of the assets and current market conditions. The easy thing to have done is to have concluded a quick sub optimal deal. Any muppet could do that. Now for me this shareholding is most of my pension and I'm still expecting a great result, especially as PGMs are still highly valued. Feel sure news will come this month, if not then it will definitely be May.

Yes I know how a company runs. I set my own one up in 1997,still going strong and currently only not worked for 2 days this year. One of those was weather related. Now the management of Eurasia are in unique situation which we can all agree on. Now as in business everything runs on trust. I personally trust the directors to do a good job. For some on here you don't. I'm afraid I can't help you in that regard but worrying about the current situation in all very pointless.

Lamtree your advise indicates why you best not being a company director.

Mine turn on guess the day, got about an hour left. If we've not had any news by the end of next week I wonder if there's an appetite to have another competition? I'm up for it but like a lot of things a bit pointless on your own.

I for one would vote against low ball offer. Now as far as need for Palladium, it wouldn't matter if this year produced a surplus. Now I imagine mining machines are pricey on fuel to run, so I reckon costs will be reduced, making Eurasia margins even better. If no good deal is happening let's wait a year or two for the right deal. Personally still super confident a great deal is now being finalised. GLA.

Eternal. Eurasia have a history of releasing news in the afternoon, so today would be just fine by me. In these ground hog days a bit of good news would be a much needed tonic. It really does feel like a long time since beginning of suspension, but many reasons to be optimistic. When news land I think most like me will have a sense of shock and apprehension, hopefully to be followed by satisfaction and vindication. Take care all and hopefully in a few weeks we can start to return to some sort of normal.

Made earlier,as Russia's revenue from oil looks bleak in the medium term, there will be pressure from the top to replace lost revenue with projects such as MT. Good news I think is quite near. Looking forward to a pleasant surprise.

Re oil, now of course petrol won't go down much from present levels as most of it is tax. But quite often in life things overshoot. World not using much oil, a few weeks ago there was already a glut. Chinese and US just about used up storage. If all keep pumping it maybe that storage will have to be paid for. That could be another kick in the teeth for the global economy. I'm at felixstowe now, really low container numbers, few vessels nowadays, planes grounded, very light traffic. The oil glut is now going into unseen territory.

The fact that Russia and Saudi are having a Mexican stand off with regard to oil production is also hurting USA which I'm sure Putin is rather happy about. The banks are on the hook to the shale producers for billions who can't make money at present. I have read that oil could go negative as there is fast becoming nowhere to store it.