Member Info for Parfett123

Highly doubt a full buyout as the entire purpose of Power Metal is to bring in then dispose of successful projects.

Currently the average timeline from a discovery to a full operational mine is over a decade. It would be more likely that POW would sell the project if a discovery was made, similar to the Metal Tiger T3 discovery.

Retrieve the Nickel... as in mine it or just get results back from the lab confirming it?

The recent announcement by the EU to ban ICE vehicles from 2035 is a terrible descision but great for shareholders of any company that is sitting on massive deposits of nickel with low capex requirements to production.

If only we knew of such a business.....

A couple of technology companies did yes, not quite 'China' is it.

Have you done any research at all? Next...

They have been there for a long time, it is not new news.

No, it can only be announced via RNS first.

Go get a coffee. He meant £31.5k in the shares.

Yes and they seem completely unaware that Eurasia only sell into the local Russian market not the UK so they are unaffected by the tariffs. Not to mention only listing WK as though that is why people invest in Eurasia. Poor writing & research.

A much different project, capex requirements to reach production and HUGE difference in resources for sale.

'Just heard 35% increase in the tarriff on any platinum and palladium imports from Russia. PGMs are not immune from the sanctions war' - this presents a fantastic arbitrage event for Chinese buyers to import from Russia and sell into the western markets. If anything it makes us even more valuable with one of the lowest cost per oz of production.

EUA doesn't export to the UK so it makes 0 difference.

It was announced yesterday via multiple media sources.

Old news

Why would they sell for peanuts when they can simply activate the Sinosteel agreement and mine MT & WK. The businesses full back plan would see us become a mid tier miner within 2 years with cash flows dwarfing the current market cap.

Mr Wolfe, I see far greater value in something that has a direct on the ground effect for Eurasia's day to day operation than reading yet another poster moaning about a lack of updates. Until there is a licence transfer or a completion of the Nyud JORC review then what do you think we will receive? A sale cannot occur until all parties can prove ownership & of exactly what they own.

Therefore keep an eye on the governmental pages that cover licence transfers and wait, that is out of the BOD control. In regards to the JORC I can almost guarantee you have never undertaken a technical review or porcessing of a JORC and NPV model of a $billion asset, so therefore why would you moan whilst having 0 understanding of the procedure involved.

Waiting sucks but what else is there to do until things are ready and released. I would hope that if anyone is reading this on here they have undertaken enough due diligence on size of the assets EUA have within their portfolio and have the understanding that it will take time but the fundamental NAV to SP & Capex return is almost unrivaled on the market.

So in answer to your question, yes actual relevant research will always be more valuable than someone just moaning.

Ok then Mr Wolfe, what else would you want a long term shareholder to focus on instead?

Everyone is just waiting, and I for one am happier hearing posts about the weather at WK than the rubbish being spouted on here during the conflict.

Because they have an agreed buyer and framework in place to allow it to become public. We potentially have multiple transactions occurring between different parties. We will hear when it is time to hear.

So your just going to forget a war is going on...

How big of a special dividend and share buyback would cheer you up? Likely update as soon as peace talks conclude. Major Russian shareholders will not want to retain cash in the business if they can withdraw via a dividend & keep it out of reach of the west.

$400 million buyback = 30% market cap
$712 million special dividend
Would certainly reduce my current annoyance & are perfectly affordable with a Q1 undisturbed operations raising a possible further $600 millon+ of free cash flow on top of the $3 billion war chest.