Eurasia Mining vs Poly24 Jan 2023 13:18
Poly has strongly outperformed in the last 1-2 months but EUA, as I said before, would rally and has done 32% today, on account of a new licence being granted on the Rosnedra website waiting for gov approval now, for the NYUD area. With assets worth multiples of Poly’s reserves and a sub £150m mcap (was over a billion pre war days) the upside here is 10x or more (comparing to Poly’s equivalent of £33/34 from here)
Poly do produce whereas EUA are an exploration company priming themselves for a sale
I have often thought, what if poly bought EUA. And mined Platinum/Palladium/Rhodium and iridium as well as gold and silver. Both would benefit greatly from the Kola district
Eua still has catching up to do Vs poly which is currently consolidating. Invested in both but thinking to shift some to eua before the RNS is given regarding the NYUD licence green light
Absolute game changer.