Member Info for PIface

If EUA retweet means true.

We will get some news today can't suspend hundreds of ks of people's capital and not explain surely.

Was checking out guessinggames post history after he scolded investment decisions of others. Only 2 boards and the other one was a company called AUE 4 years ago. What's the chances?

It's a definite sign given the fun that started here on the 02.02.2020.

I've upgraded my estimate to 78.87p per share.

Calm down dear they are all trades with a buyer and seller the colour can be a little inaccurate from one platform to next but you need to give more examples than exclamation marks as a rule to be taken seriously.

I don't think he works for EUA he was an adviser to CITIC bank but not employed directly by anyone so possibly just promoting his own achievements. Unless you know different. I think maybe it's still at stage where many are thinking it sounds too good to be true so might need another consolidation phase if news does not come soon. There has been massive and positive newsflow from credible reputable sources but co itself is getting to be noticeably quiet bar the tweet at the end of Jan to rebut opportunistic doomsters.

Isn't the thing here that it never should have dropped as far as it did and could go back to 20p plus levels? I'm quite new just took a punt with my spare float knowing this was share of the year last year so slightly on the radar as one with promise.

So the Tamraz group wanted to take 51% (presumably for control) does it look like they borrowed the money with their own old shares in security to buy the new shares. They then handed the shares over but did not get the money and the shares were sold without their knowledge/permission/expectation? Like if a pawnbroker sold your watch while you still had the right to buy it back by meeting the payments.

What's the outlook now?

Plenty left to run ripe as it's been loads of good/mega news flow.

Massive botfly pincer movement going on can't believe still people who haven't closed their shorts yet!

But yet E U A and up she rises early in the morning.

We getting more positive headlines on other boards than our own at the moment hoping they are the next EUA. Looking to Tilly for some decisive calls on what to do with drunken sailors and libellous parasites spoiling the ambiance on board.

Great morning but might have expected more after weekend here is recap of past week:

1) Monday ACF equity research report values EUA at 54-60p. Covered on Sharetalk available on EUA website
2) Zak Mir says 18p target within 1 month based on charts at end of week (but undersells the fact deal could land any time for asset or shares)
3) Saturday Motley Fool says forget SXX buy EUA now in article
4) Sunday an advisor to CITIC on linkedin and tweeting EUA since at least summer last year says Indaba went very well lots of buzz about PGM and that CITIC (large Chinese investment bank mentioned in our RNS's) have signed an engagement letter with EUA. Mentions on his LinkedIn he's been advising on the sale of a PGM play etc. Seems a credible source and massive as some shorters of this share since October were claiming the banks had never heard of EUA etc. Their incentive being the very big rise in October making it a shorters target but it was a real based on first positive steps towards sale and the palladium deficit/price as well as the mine being fully prepped for the go ahead after years of work.

The other best places to look for info are the EUA website, company RNS, and the Proactive Investors interview with Dmitry, the main man, from around October.

Other key points made are the company is debt free with a cash cushion and next door to Norilisk Nickel, Russia's largest PGM producer with big expansion plans and deep pockets. They have a mining competence with their WK platinum and PGM group mine and the finance in place with Chinese Sinosteel to develop MT the palladium asset but not yet taken (several years option to do so). They have made board appointments with a view to a sale and much due diligence will be done as they represent some potential buyers too. Our BoD have massive skin in the game to align themselves with shareholder objectives.

Sorry if boring just for people checking back in and missing weekend etc. Just a little hard to believe some of the shares that have risen more than us today but we came a long way last week and it's a solid rise at least of often 10 to 30% per day recently. Friday saw a small retrace but nearly get back to level end of day after being down 12% or so.

And ACF equity research valued us at 57p Monday. Just recapping for newbies.

Motley fool say buy eua now on Saturday. Tweet from adviser to citic on Sunday says indaba went really well and citic have signed engagement letter. People been here since it first hit 4p know that's a massive bonus. Especially as they been acting without one for months too suggesting going advanced.

One reason China will love mt is not many countries with pd mines want to export the metal.

I think we have enough to get much closer to the 18p the chartists were suggesting this month tomorrow.

When first bought thought asset sale most likely. I now think buyer will want wk as well. Full takeover all shares would suit me my prediction. I think north of 57p is more likely than less.

I actually think how it's done might be down to whatever is most tax efficient for the Bod.

An engagement letter would real stick it to the doomsters if so. This guy I doubt will be bandying this around without basis or even reason. SP needs to be close to full value when bought ideally for the purchaser to sell it to their shareholders, probably. Or for iis to be happy with liquidity. Seems to be efforts to make this happen. Interesting times. Final stages of flight school training course maybe.

https://www.share-talk.com/eurasia-mining-plc-loneua-does-monchetundra-make-eua-a-1bnplay/

Worth posting this up to remind anyone not seen why the rise as no RNS. Not sure who paid for the report appeared on EUA website a few hours after it was posted up here then Sharetalk covered it and in Russian press.

Price is said to be conservative and risked and looks at near term it seems. Price could be more if we activate finance EPC in place so the risk is having to wait but we know the board have lots of shares and very interested in sale. Exploration company has many barren years followed by big profit it's considered the norm. Gives Dmitry a 10 bag from when he first invested 11 years ago. Huge resources of palladium, platinum + gold, copper, nickel, rhodium, iridium.

Company has 2million ounce pd equivalent proven just at but MT in licence area flanks gives it 13million estimated from state cadastre and flanks of flanks 40 million. WK the other big asset has the Rhodium and more platinum based but also undergone significant expansion alluvial so very low cost and nearing profitability if not already contractors were ditched last year few teething issues.

Next news could be flanks approval at local level (national level given) that would see it into double figures and Zak Mir said 18p target next month. Before then some sort of sale might be finalised with 2 banks said to be working on it (very large Russian bank who has worked with Dmitry before or large Chinese bank). Board appointments been made many from possible buyers now or in past due diligence largely done or with inside track. We are near to a Norilisk Nickel facility/washplant so they may be very interested. If not we can go to 250mil dollars EBITDA with MT and become a major player ourselves. That's the other stated objective really but the door is firmly open for offers which could take many forms.

Nothing is certain and DYOR just a flavour of whats going on. Also look for Dmitry's last interview on Proactive Investors to get a flavour of where things were and recent RNS since then too.

Folks got on board in October but there was a pulled interview and that's when shorters latched on so didn't keep rising even though we quickly announced appointments connected to a sale including an exec from the largest pf producer in South Africa. Certainyl flanks approval at national level helped around Xmas. January was very quiet but there was big accumulation and large after hours reported trades over £100k at a time sometimes. Then shorters re-appeared doom mongering and EUA reiterated position of previous RNS via twitter. Then this research appeared just as EUA were at Indaba 2020 this week and 6 weeks seen as min time for final flanks has passed so all at exciting juncture.

Many are here for a sale now but the finance is in place so it's not an all or nothing play it's birds in hand vs birds in the future which will probably keep the price where it is considering the rese

Gr8 week. Its true newcomers will be pleased to see it dropped and almost bounced back. No spike. Old timers just want the big RNS but SP affects mood.

So we had 18 trades in 15.02 at 6.94. Price drops on next trade to 6.82. Seems completely unnecessary to me in a share that did 18 an hour in quiet times. Anyway hopefully middlemen not needed much longer.

JBER have got back from lunch and 4 lined up on bid looks positive for good finish

I just topped up made a bit on boil yesterday went free ride. Looking around for where to put rest but stuck with my main holding here despite over 70% my portfolio. Thought it's cheap compared to the 7.8p yesterday and flanks news will see it go up so even a good short term play seems 6p is a resistance level at the bottom now.

Some peeps might find this useful:

http://capita.moneyam.com/trades/EUA/Eurasia-Mining.html-trades

I think lots of people will have got on free rides which means lot of selling up to now but what they have left is going to be stickier than most.

Came out that PME with an upswing that's been the opposite so pleasing.

Here's the brochure to peruse giving conservative risked value of 54p to 60p. Might be a come get me price, might be realistic might leave room for a discount. You decide but I think it's realistic to conservative as stated.

https://www.share-talk.com/eurasia-mining-plc-loneua-does-monchetundra-make-eua-a-1bnplay/

PME under way. Doesn't look like any going cheap see where it comes out.

SXX was my first share it's quite local but I soon gave up on it. Would have made me 50% but cost me 10%. Too many RNS now to really follow it but did like Jupiter's call for a plan B esp. as AAL have come out and called it tier 1 and there was a consortium offer mentioned in the doc for half a billion funding. Delays in Brexit and zealous planning hurdles been a major issue I think to the project (things you don't plan for but have to take on chin or contingency plan). I'm no longer invested not going to trawl but has anyone covered the Fraser family trust buying shares on September 18th which will have made a decent profit under the offer? Just with a view towards AAL saying talks had been taking place for 9 months. Seems it was not CF himself who directly bought but was a beneficiary. Any insider dealing angle on that? Should the talks have been public at this stage so everybody has the same benefit of the information to also pick up cheap shares or sell theirs? Was only 10k, seen at time as a bit of a vote of confidence or solidarity if a little half hearted. Maybe it was a flag that 4p was still reasonable value.

It was his waffly, obfuscatory RNSs that put me off and his cunning plan of oh we can't get the 500 million at less than credit card rates to unlock 3.5 billion, but I'm sure we will get 600million with no guarantee of the rest, that will be seen as much less risky. Government using SP as an excuse not to provide a simple guarantee of what was almost a done deal as presented but instead the deal was done with some of the old boys from AAL. Horrific mismanagement by all in many senses for anyone with a long term view and genuine desire to rebalance the North (N Yorkshire is the finest county still but Teesside and Whitby do need a boost for young men particularly. We achieve everything in spite of the government and EU not because of it by just being good abstinent folk really still big on family and cups of tea etc). We didn't want to be impoverished by this mine and I suspect the vote on the offer might not be treated in the normal way finance wonkers presume. For the govt in not supporting it I think the long term ramifications for the image of big business and finance will be grave and the opposite effect of what is desired will be achieved.