Member Info for Onassis

Hold on to your shares, the Japanese fleet is approaching off the starboard bow.

The outlook for the Eurasia Mining share price
This joint venture is a big deal for Eurasia. It has bolstered the company’s presence in Russia and fostered a connection with RosGeo, the most prominent geological enterprise in the country. That suggests it’s one of the best partners the firm could have in Russia.

When combined with the group’s existing assets, I think this deal significantly improves Eurasia’s outlook. Japan is a major car manufacturer that needs a pgm mining company if it's to remain ahead of the game. DYOR

Torra, Torra, Torra !!!

Hold on to your shares don't let the naysayers fool you into selling.

Don't be fooled by the naysayers. They want you to sell your shares so they can buy them cheaper.

Could be significant upward trend coming over the next few days. DYOR

Demand for precious metals will increase from car manufacturers in early 2021. With South African miners scaling back on new projects, it may take six to seven years for the nations palladium output to recover. Russia mining industry however will gain a larger market share and with Eurasia Mining currently up for sale for an estimated SEVERAL BILLIONS US DOLLARS could this be the ideal moment for Norilsk Nickel to acquire Eurasia Mining? Some in the industry think so, others believe China may buy in whole, or part. Whoever buys them know the resource in the ground will be in high demand. Strong Buy DYOR GLA

The MM's are playing games with your minds. Hold on to your shares and just top up.

Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or get paid to help a Short make their bones. They are going to kick up as much dusk as they can before the sale is announced.

The outlook for the Eurasia Mining share price
This joint venture is a big deal for Eurasia. It has bolstered the company’s presence in Russia and fostered a connection with RosGeo, the most prominent geological enterprise in the country. That suggests it’s one of the best partners the firm could have in Russia.

When combined with the group’s existing assets, I think this deal significantly improves Eurasia’s outlook.

Eurasia Mining has established itself as a considerable force in Russian PGMs

Eurasia Mining PLC -
Eurasia Mining PLC (LON:EUA) signed a legally binding agreement to create a new joint venture with Russian state-owned company Rosgeo.

The deal expands Eurasia's portfolio of mining assets on the Kola Peninsula and allows the company to gain a 75% equity stake in nine new mining assets. The remaining 25% will continue to be held by Rosgeo.

Eurasia paid an initial consideration of approximately US$500,000 in cash for its share in the joint venture.

In addition, incremental consideration will become payable under an earn-out structure if Eurasia decides to proceed to develop the assets.

The total of the initial consideration and the earnout is capped at 75% of the value set under relevant Russian law if the assets had initially been auctioned by the Russian state instead of being acquired by Rosgeo.

The decision to proceed is at Eurasia's discretion.

The new assets have a total of 104.6mln ounces of platinum-equivalent resources as at the end of 2020, comprised of four palladium, platinum, copper, nickel and cobalt open pit deposits.

Each of the four open pit deposits, which are located directly adjacent to Monchetundra, have already been studied by Eurasia with block modelling and open pits' optimisations performed by the company.

A further five mostly open pit palladium, platinum, copper, nickel and cobalt assets are also included in the joint venture.

In total Eurasia has already invested some US$8.3mln across the additional assets.

Demand for precious metals will increase from car manufacturers in early 2021. With South African miners scaling back on new projects, it may take six to seven years for the nations palladium output to recover. Russia mining industry however will gain a larger market share and with Eurasia Mining currently up for sale for an estimated SEVERAL BILLIONS US DOLLARS could this be the ideal moment for Norilsk Nickel to acquire Eurasia Mining? Some in the industry think so, others believe China may buy in whole, or part. Whoever buys them know the resource in the ground will be in high demand. Strong Buy DYOR GLA

Power of 78

Four key points about further payments:

1. The earn out structure means we do not need to fork out cash that we cannot afford to potentially not profit. Cost is spread out as we develop (i.e. not risky).
2. The cost we need to pay is capped at 75% of the value that would have been attained if the sites were auctioned. This is crucial as it does NOT mean that it is 75% of the current or future value, but 75% of the auction cost. (i.e. very cheap)
3. No upfront cost
4. Rosgeo at “arm’s length”. No interference. Peace for us. Free money for them. Win win.
The Additional Assets have a total of 104.6 Moz Platinum equivalent resources = $124billion.
Feasibility study done and reserves approved by state (i.e. no exploration risk). EUA has already invested some US$8.3 million across the Additional Assets so likely know most of it very well through previous campaigns. Will implement EPCF to develop.
4 pits have already been worked on extensively around our current MT licence so EUA know them well. The ore at these 4 pits are suitable for toll treatment (i.e. using current infrastructure the MT plant to generate immediate cash from at a very low cost low cost). Everything is already in place for this to start ASAP. They are also open pit so usual benefits apply (fast development, less risk, significantly lower costs etc. etc.)
5 more pits seem to be a mix on open and underground. DD and analyses have done here too but likely not as well-known as the 4 pits that sit beside out current licences. Exact make up not specified. Also, no mention off toll treatment so likely far more expensive to develop and operate that the other 4.
Key for us and likely the development of these Additional Assets is that this does not affect the FSP. “The Company’s existing mining operations in West Kytlim and Monchetundra will not be affected by the JV”. FSP still underway meaning everything we were waiting on is still coming but with an additional $124billion worth of metal to play with.

Expect upward trend coming over the next week or two

More than happy to have him on board.

Power of 78

Four key points about further payments:

1. The earn out structure means we do not need to fork out cash that we cannot afford to potentially not profit. Cost is spread out as we develop (i.e. not risky).
2. The cost we need to pay is capped at 75% of the value that would have been attained if the sites were auctioned. This is crucial as it does NOT mean that it is 75% of the current or future value, but 75% of the auction cost. (i.e. very cheap)
3. No upfront cost
4. Rosgeo at “arm’s length”. No interference. Peace for us. Free money for them. Win win.
The Additional Assets have a total of 104.6 Moz Platinum equivalent resources = $124billion.
Feasibility study done and reserves approved by state (i.e. no exploration risk). EUA has already invested some US$8.3 million across the Additional Assets so likely know most of it very well through previous campaigns. Will implement EPCF to develop.
4 pits have already been worked on extensively around our current MT licence so EUA know them well. The ore at these 4 pits are suitable for toll treatment (i.e. using current infrastructure the MT plant to generate immediate cash from at a very low cost low cost). Everything is already in place for this to start ASAP. They are also open pit so usual benefits apply (fast development, less risk, significantly lower costs etc. etc.)
5 more pits seem to be a mix on open and underground. DD and analyses have done here too but likely not as well-known as the 4 pits that sit beside out current licences. Exact make up not specified. Also, no mention off toll treatment so likely far more expensive to develop and operate that the other 4.
Key for us and likely the development of these Additional Assets is that this does not affect the FSP. “The Company’s existing mining operations in West Kytlim and Monchetundra will not be affected by the JV”. FSP still underway meaning everything we were waiting on is still coming but with an additional $124billion worth of metal to play with.

The MM's are playing games with your minds, they know the value here.
Just hold tight.

Just adding to my ISA.

Just topped up again for my ISA.

Time to top up the ISA allowance.