Member Info for PlunderEurasia

Supersport your research missed that the company had 700k in funding left at the start of July and the cash burn is 85k per month, so there is a very low likelihood of placing before the end of the year. I also have a contact within Bonas group and there are emerald auctions before the end of the year which have not been announced yet, including one from Belmont in November, so you should have waited for them to update the list. There is absolutely nothing wrong with the business at the moment and people investing using data instead of gut feelings are parking their money here, while companies high on hopium are commanding higher valuations, while never actually ever digging anything out of the ground!

Supersport your research missed that the company had 700k in funding left at the start of July and the cash burn is 85k per annum, so there is a very low likelihood of placing before the end of the year. I also have a contact within Bonas group and there are emerald auctions before the end of the year which have not been announced yet, including one from Belmont in November, so you should have waited for them to update the list. There is absolutely nothing wrong with the business at the moment and people investing using data instead of gut feelings are parking their money here, while companies high on hopium are commanding higher valuations, while never actually ever digging anything out of the ground!

Well there is going to be a size limit on these emeralds because of the crushing process, which appears to be 50 carats atm, they also haven't shown us a transparent 50 carat stone however, so the pieces they showed us don't get me very excited, they do however have a lot of smaller stones with good colour and transparency that can be the higher quality grade that fetches $100+ a carat. Also, they can't identify larger stones (50+ carats) unless they gain the ability to scan material prior to entering the crusher and I know some miners like Lucara Diamond have technology to do this.

The shipping excuse was fabricated, they delayed the first sale to take advantage of a more bullish luxury market that can appear after first interest rate cuts expected today. Cash in bank is 700k GBP atm with 85k GBP per month of operating mining costs, so they have no rush, expect first sales in 2-4 months, based on the frequency of rough emerald auctions at Bonas!

Some investors might have lost faith but that doesn't materially impact the quality of emeralds emerging from the newly built Gravelotte mine, if the share price was 0.1 today, it would still be foreced to re-rate to match profit generated with a PE multiplier XD

i'm quite surprised to see no real response in the share price to the price of iron ore actually tanking, when you note the aisc of han**** is $85 and the price per ton of 62% fe is $91, currently. therefore, the potential profit margin at han**** is razor tight now, so any spike in energy costs or a further drop will make it totally unviable, fenix resources and ferrexpo have corrected based on this reality but ufo is oblivious! perhaps the share price is being held up by development prospects at other prospects or did the ufo investors never actually factor in higher iron ore prices to begin with! either way i'm steering well clear of han**** for now, as its better to get a known producer at discount like fenix or ferrexpo, you may even find the aisc of han**** is higher when they actually start mining!!!!!

The dilution since the purchase of the optical sorter is about 50%, which leaves a bad taste, but the majority of mining companies in AIM have much higher levels of dilution prior to first production but remain with reasonable prospects of profit due to the size of their resources, so you really need to look at it in perspective, yes they have diluted you 50% prior to first production and revenue but the other companies would have diluted you 95% and may never reach first production or revenue (Prem, Kefi, Alien, Helium and GWMO)!

@OAPK20 It is unlikely but certainly not impossible to net $150 a carat, the $5-8 a carat emerald that Gemfield sells is from a super mine with gigantic volume, whereas we have a much smaller supply with the stones coming for a historical source, so we will have buyer pressure from groups chasing Gravelotte/Cobra emeralds, with a very limited supply available from an exclusive auction house. I and a lot of other people would be worth millions if the stones even sold for $10 a carat btw, so $150 a carat would be quite insane for us, we would be shouting Bugatti Chiron, instead of Lambo and id be buying a place in the OWO Raffles, instead of say Canary Wharf XD

Investing into alcohol is a funny game because when sales are up alcoholism and alcohol relatd crimes and diseases are also up. While when people drink less and stay healthy you are also bankrupt. You can't go wrong selling coffee though XD

Lithium will fall off a cliff again if there is a recession in the US and the Iran situation will accelerate this! Run to gold!

I will buy 1k worth if it dumps to 100k mcap XD

I'm watching this stock as a pure Trump election victory play, I think its the only Rus stock still in the market and I had a small bag of Evraz, with my Polymetal sold off at 2x on the Astana Exchange XD

Buying Prem is like buying a central London property that is on fire, you know it can be worth a lot of money if its saved but it could also never be profitable.

The AGM is tomorrow, tell them they will not get re-elected unless the share price opens at 3p tomorrow morning! 😂

That is a good question and will have a massive impact on the mcap, I expect the first auction will be August and we would have one quarter of production by this time. The production target is 3 also million CT a year, with the current equipment, so we can expect upto 750k Ct. If its not at full production yet however we should have at least 75k Ct and this can be worth 1 million very easily. So 1 million is very conservative and implies less than 20% production capacity or lots of low grade! A reasonable estimate in my opinion is 375k Ct and something like 3-5 million USD.

Pebsi is right though, it will keep sinking and diluting until final funding or first revenue. The people who get in too early are just diluted away. Its the same pattern everywhere.

The strange noises that come from MC Baba, make more sense to me then buying Prem shares!

MC Baba:

https://youtu.be/K1zTvq0TsrQ?si=kgA-I_QuQ5eogIm1

This share had so many red flags before starting production, you only have yourself to blame if you got caught in this mess. The people in the Telegram room never banned me for sending warnings either but they very weirdly got me banned from other share groups where i'm actually holder, I don't need to get revenge though because GR is busy sucking them dry here anyway! I might even actually end up buying Prem after they get the plant running properly and diluted them away all together, then ill have them banned for complaining about dilution as an actual shareholder!

i think ufo and han**** are a good investment but if you jump in too early the risk of dilution and missing other opportunities is far too high, the time to buy however is definitely inching forward after every week. i'm aiming to buy on the day of full finance announcement.

This markets gone a bit funny I found Kefi dropped post funding news and URAH dropped post production, so following the trend and quite similar to the NTA rally, this will pump into the finance announcement and then sink like a stone, I could be wrong but I'm going to actually see what happens when the finance deal is signed off.