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miner page 43 for the £124,000 buy
https://www.eurasiamining.co.uk/investors/latest-trades
thats what i cant shake, no one doesnt need 50 million, there has to be another motive something in that contract that would prevent sale of the asset of a fee to be paid they would rather keep
since its lunch if you havent already heres NAP (North American Palladium) recently aquired by Impala for c$1 billion Q3 results im posting this so PI's can see the value of Palladium being mined since we have 12 million OZ, these figures should give you the knowledge as to why sale of assest has been thrown around, i think its conservative to add on 10-30% on the price of palladium when our palladium would hit the markets, anyways take a look
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.
Strong growth in net income: Net income was $41.4 million, or $0.70 per share, compared to $22.9 million, or $0.39 per share, reported for Q3 2018. Year-to-date net income was $107.5 million, or $1.83 per share.
Solid free cash flow1: Free cash flow for the quarter was $37.3 million, an increase from $18.2 million in Q3 2018; with year-to-date free cash flow at $127.9 million.
Record EBITDA: Adjusted EBITDA increased to $82.0 million, up from $38.0 million in Q3 2018. For the first nine months of the year, adjusted EBITDA was at $216.6 million.
Record production: Underground production averaged 7,410 tonnes per day (“tpd”) for the quarter, the highest in the Company’s history. This is a significant increase compared to the 6,144 tpd produced in Q3 2018.
On October 7, 2019, NAP entered into a definitive arrangement agreement (the “Arrangement Agreement” with Impala Platinum Holdings Limited (“Implats”) pursuant to which Implats will acquire 100% of NAP’s issued and outstanding common shares for a total cash consideration of approximately C$1.0 billion (the “Transaction”). A special meeting of shareholders has been called for December 4, 2019 to approve the Transaction.
“We are pleased to report a fourth consecutive quarter of record revenue, resulting in our highest-ever adjusted EBITDA of $82 million,” said Jim Gallagher, President and CEO.
https://www.nap.com/investors/news/news-details/2019/North-American-Palladium-Reports--Q3-2019-Record-EBITDA/default.aspx
"Mr. Churakov has recently helped to arrange detailed due diligence and multi-day site visits by James Nieuwenhuys, CEO and Director of Lesego Platinum as part of the Lesego Platinum's evaluation of both Monchetundra and West Kytlim projects. Over the past few months Lesego Platinum performed due diligence of Eurasia's assets accompanied by several days of visits of Monchetundra mine and Eurasia's office in Ekaterinburg to study the West Kytlim mine."
from the RNS on the 16th of september
Less than two months later they are packing up and moving to a better office, moving a company office doesnt just take a couple of weeks preperations would of started long before, just interesting things to help some see the bigger picture
miner please draw your attention to the following link on the second page of 2 there a comparason with Boliden Group the insitu figure for Monchetundra is interesting
https://drive.google.com/file/d/0B_CYJAkvWceTaU9wVWF4dkJUczA/view
For those whos missed last night check out NAP (north American Palladium) recently aquired by Impala for c$1 billion Q3 results to see how much palladium they sold this quarter and for how much.... then think about the 12 million ounces.
Strong hold until a detrimental RNS
https://www.nap.com/investors/news/news-details/2019/North-American-Palladium-Reports--Q3-2019-Record-EBITDA/default.aspx
Nothing easier, safer, more cost effective in the industry than a load of JCB's loading up the trucks dropping them off repeating but bringing back something more valuable then gold, seen it there in NAP results 55k ounces for 149 million and EUA have millions! how much would the rights to that mine go for knowing that its in the ground and 55,000 ounces equates to $149 million, interesting benchmark figures
https://www.nap.com/investors/news/news-details/2019/North-American-Palladium-Reports--Q3-2019-Record-EBITDA/default.aspx
its a good read
Revenue for the quarter increased to $149.9 million, the highest in the Company’s history, compared to $93.6 million for the same period in 2018. The revenue growth is largely due to the increase in the price of palladium. Palladium revenue per ounce sold1 this quarter averaged US$1,587/oz compared to US$988/oz in Q3 2018.
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.
Strong growth in net income: Net income was $41.4 million, or $0.70 per share, compared to $22.9 million, or $0.39 per share, reported for Q3 2018. Year-to-date net income was $107.5 million, or $1.83 per share.
Solid free cash flow1: Free cash flow for the quarter was $37.3 million, an increase from $18.2 million in Q3 2018; with year-to-date free cash flow at $127.9 million.
Record EBITDA: Adjusted EBITDA increased to $82.0 million, up from $38.0 million in Q3 2018. For the first nine months of the year, adjusted EBITDA was at $216.6 million.
Record production: Underground production averaged 7,410 tonnes per day (“tpd”) for the quarter, the highest in the Company’s history. This is a significant increase compared to the 6,144 tpd produced in Q3 2018.
On October 7, 2019, NAP entered into a definitive arrangement agreement (the “Arrangement Agreement” with Impala Platinum Holdings Limited (“Implats”) pursuant to which Implats will acquire 100% of NAP’s issued and outstanding common shares for a total cash consideration of approximately C$1.0 billion (the “Transaction”). A special meeting of shareholders has been called for December 4, 2019 to approve the Transaction.
https://www.nap.com/investors/news/news-details/2019/North-American-Palladium-Reports--Q3-2019-Record-EBITDA/default.aspx
if anyone wants to compare numbers to EUA that would be great
i know someone was asking for proof of no placings in the near future
"management informed investors the company is “not planning any new share placings in the foreseeable future” because the firm now has enough resources to push ahead with mining at its West Kytlim prospect next year. Around the same time, chairman Christian Schaffalitzky was quoted as revealing that “bonanza grade ore pockets” were discovered at Eurasia’s Kluchiki prospect."
https://uk.finance.yahoo.com/news/eurasia-mining-eua-share-price-114500046.html
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EUA/14281726.html