Member Info for Onassis

This will be Triumph

Monchetundra could be worth >$14bn by 2026. Just simply hold and top up on the dips.

"The directors are delighted to close yet another important transaction following the successful completion of the Rosgeo JV announced on 26 March 2021 that both put Eurasia in an even stronger position,” said executive chairman Christian Schaffalitzky".

Palladium is stabilising at the $2753 55-day moving average
“Palladium has been correcting lower and has sold off to the 55-day ma at $2753, where it is attempting to stabilise. It has steadied just ahead of the 38.2% retracement at $2706. We suspect that this was the end of its corrective phase and that the market is well placed to resume its up move.”

“Initial resistance is $2944 ahead of the $3020 recent high. We have several point and figure targets in the $3028-$3053 target zone.”

“Support lies $2706 and this guards $2516/11 the November and January highs and the 200-day ma at $2452.”

“Above $3053, we have very little until the $3487/3598 band

Large buys, pressure building guys. Expecting share price will significantly move upward on news of dividend.

Itacon, So what is their estimate ITX is looking to raise?

Monchetundra could be worth >$14bn by 2026.

"So we know from previous RNS that West Kytlim is planned for eventual scale up to 2tons a year, probably to show what it is worth to a new owner.

We know there is a ready to go plan for Monchetundra involving SinoSteel for around 4tons (approx 125Koz) a year. Alexei Churakov gave a Kommersant interview in January stating likely EBITDA of $250m from this.

What would happen to share price upon resumption if a similar scale up plan has been devised for Monchetundra to take advantage of the 15Moz resource with flank approval granted?

No point digging out 150kz a year, you’d be there 100 years!

It would make more sense to see them aim higher, maybe a plan for 780Koz so life of mine is around 18-20years. This will take a few years to achieve, but the low cost nature of extraction via open pit will mean new owners can start production by 2021, maybe 2022 at the latest.

Higher potential EBITDA – $1.5bn to $2bn a year means much higher company valuation.

Allow a hefty discount for building the bigger facility, probably around $1bn, you’d still be looking at $4-5bn to ensure you secured the asset that will generate $15-$20bn over less than 20 years.

(This is conservative as well – 15MOz at Pd price each year, less $325/Oz costs)

This may mean some investors need to be a little patient whilst the plans are drawn up. It doesn’t mean Eurasia will be activating the plans, think of it as a feasibility study.

It is very hard not to be optimistic about the future when you work out what this vast resource will yield".

My broker called this morning to ask I was interested in buying a substantial amount of shares in Hurricane Energy! Though that a was little unusual?

Agreed, moved up for no apparent reason other than PI's adding. Could correct to 11p in the coming days.

Relaxed and totally confident the share price will significantly move upward on the next RNS from EURASIA MINING.

The ducks are being lined up.

Panic selling over. Make this into a positive position from the last few days of negativity. Great opportunity to load up here, once it heads north, which it will, you won't see this low price again.

25/05/21 16:39 1,100,000 26.25 25.50 26.50 £288,750.00 Buy
25/05/21 16:35 229,437 26.00 25.50 26.50 £59,653.62 Unknown
25/05/21 16:29 12,378 26.00 25.50 26.50 £3,218.28 Unknown
25/05/21 16:29 56 26.35 25.50 26.50 £14.76 Buy
25/05/21 16:29 7,584 26.00 25.50 26.50 £1,971.84 Unknown
25/05/21 16:28 103,010 26.34 25.50 26.50 £27,132.83 Buy
25/05/21 16:28 20,000 26.34 25.50 26.50 £5,268.00 Buy
25/05/21 16:26 7,552 26.35 25.50 26.50 £1,989.95 Buy
25/05/21 16:26 2,785 26.35 25.50 26.50 £733.85 Buy
25/05/21 16:26 82,099 26.35 25.50 26.50 £21,633.00 Buy

Expecting upward movement in the coming ahead

Oversold 7

2.00 plus tomorrow with results

Your right, this ship is solid along with the crew. It's the city boys who can't keep quiet!

Brewing.. Leaky leaky

With a market capitalisation of just 19m and 434m shares in issue the shares price is clearly overpriced. Additionally,if you take in the fact EBITDAR has been woeful this year the share price should sitting in the range of 5-6p at the very maximum.

As always DYOR

If you missed it the 1st time

Monchetundra could be worth >$14bn by 2026.

"So we know from previous RNS that West Kytlim is planned for eventual scale up to 2tons a year, probably to show what it is worth to a new owner.

We know there is a ready to go plan for Monchetundra involving SinoSteel for around 4tons (approx 125Koz) a year. Alexei Churakov gave a Kommersant interview in January stating likely EBITDA of $250m from this.

What would happen to share price upon resumption if a similar scale up plan has been devised for Monchetundra to take advantage of the 15Moz resource with flank approval granted?

No point digging out 150kz a year, you’d be there 100 years!

It would make more sense to see them aim higher, maybe a plan for 780Koz so life of mine is around 18-20years. This will take a few years to achieve, but the low cost nature of extraction via open pit will mean new owners can start production by 2021, maybe 2022 at the latest.

Higher potential EBITDA – $1.5bn to $2bn a year means much higher company valuation.

Allow a hefty discount for building the bigger facility, probably around $1bn, you’d still be looking at $4-5bn to ensure you secured the asset that will generate $15-$20bn over less than 20 years.

(This is conservative as well – 15MOz at Pd price each year, less $325/Oz costs)

This may mean some investors need to be a little patient whilst the plans are drawn up. It doesn’t mean Eurasia will be activating the plans, think of it as a feasibility study.

It is very hard not to be optimistic about the future when you work out what this vast resource will yield".