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https://www.cnbc.com/quotes/?symbol=EUA-GB&qsearchterm=euan
nice start today
1. At the open pit in production we have substantially increased our licensed area by 4.5 times:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EUA/13905242.html
West Kytlim is the world’s largest alluvial PGM mine.
2. We are applying for additional areas at Monchetundra (14moz of palladium) and are taking it into production right now:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EUA/14016186.html
Monchetundra is a combination of 2 hard rock palladium open pit mines located on the border with Finland and Norway. It is fully financed via $176m EPCF contact with Sinosteel MECC and is coming into production in 2020. At the palladium price of $1000 assumption, the EBITDA of Monchetundra is $75m (please refer to the attached research by Optiva).
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Production increase at West Kytlim
6 Months:
The second open pit launch at West Kytlim
12 Months:
Monchetundra advanced to production: according to the research by Optiva, once Monchetundra is in production, the EBITDA will reach $75m under conservative palladium price assumptions with the current market cap below $20m.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Time delay in taking the second project to production. This is mitigated by $150m responsibility of our EPC contractor Sinosteel, one of the largest state companies in China.
What do you think makes your company such a compelling investment?
According to the research by Optiva, once the second project is in production, Eurasia’s EBITDA will reach $75m under conservative palladium price assumptions with the current market cap below $20m.
https://www.weare121.com/121mininginvestment-london/client/eurasia-mining/
going to need the translate here carrick https://translate.google.com/translate?hl=en&sl=ru&u=https://ru.linkedin.com/in/alexei-boucher-b684b0121&prev=search
Wow, you overestimate me. I love to be cryptic but sometimes a green tractor is just a green tractor. AB
https://twitter.com/AlexeiBoucher/status/1193853389060411393
QUEELD HAVE INCREASED THEIR HOLDING
as some may of heard QUEELD were apparently selling some of their holding that is INCORRECT
their holding as of this morning 307,250,000
and on friday it was 288,500,000
no change to any other information on the EUA Share Capital page
https://www.eurasiamining.co.uk/investors/share-capital
taking a look back through the RNS's there has been no mention of MT since the RNS dated 24th of october which is the CITIC, VTB one, about 3 times WK is mentioned since then but not MT, the word asset is mention as in plural however that could be deposits classing as assets, just an interesting sign, can they not mention it in RNS's because that would be price sensitive and disrupt valuations due to the fluctuation of the SP.
Possible for sure, without sinosteel \EUA dont have any links to the chinese. Sino were the financiers of the project. but then again Russia im sure are happy for the chinese to pump money into the country but im sure theyll be dammed to let the chinese take money out. one thing key to remember is the banks approach EUA not the other way round
Joey I didnt finish reading that til 2 last night but thanks for giving up your time to benefit everyone my personal favourite is the last sentence on page 49, but then again all of it was enjoyable, if you get a chance this weekend have a look at NAP's Q3 results to see how 55,000 ounces equates to $149 million.
https://www.nap.com/investors/news/news-details/2019/North-American-Palladium-Reports--Q3-2019-Record-EBITDA/default.aspx
lol yeah yeah 26k and you know it mate so why put 13k? forget your own posts or something or did you do it on purpose to increase the negativity? anyways 1.9 MOZ stated in various RNS's is still a quality figure now isnt it make it more conservative and say only 1MOZ of PD still over $1 billion, now buying an asset is still an investment and im sure anyone considering it would know that
Third Quarter Highlights
Record revenue: Based on 59,611 ounces of palladium sold at an average palladium price of US$1,587, revenue for the quarter increased to $149.9 million compared to $93.6 million for the same period in 2018. This is the highest quarterly revenue in the Company’s history. Revenue for the first nine months of the year was $413.8 million based on 172,507 payable ounces of palladium sold.
now you can calculate that for either 2,12,15,40 million OZ the number are boggling
https://www.nap.com/investors/news/news-details/2019/North-American-Palladium-Reports--Q3-2019-Record-EBITDA/default.aspx
https://www.eurasiamining.co.uk/investors/share-capital
Much less than 60 million left these figures DO NOT include the warrents exercised today.