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Professional- some not very good deramper argument in there! You must want back in as a lower price before things actually take off.
LSE must have banned the fool ( Nathan91)
Is FOMO a thing of the past or just delayed today?
Done that. Disruptive plank!!
Oh and they always have - verbal diarrhoea!!
Spot on Lenoman . Nathan91 can't possibly research properly given he's posted/ commented on 14 companies in last 30 days!! Scatter gun Traders !
We used to call them " freeloaders" wanting to join in at cheap price.
Somm , you are obviously new to Matd.
Matd do not need to raise cash. You can see from the RNSsyou highlighted that they had $11.7 mill after the raise
in February. V! cost $1.7 mill so left with$10.00 mill But say $0/5mill Running costs since and $0.5mill for work over kit on H1
Therefore $9 mill in bank. H1 proudcing in max 6 weeks from now. Then say $2mill max to drill of say H2 before end of drilling season and put on line . So with some more expenses say $6-7mill left for early start next year and all the while H1 & H2 etc revenue producing . All this ignores a faster developent of Heron field if they sign up a partnership profit sharing deal with DQE.
Miss information on the cash raise I think you'll find .
Mmafr- it’s still being drilled till end of next week at earliest then results need analysis so another week at best after that.
I think it’ll be after 21st July before we hear about V1
WOS - I agree it’s fundamentals that matter to real long term
Investors but the Doc83 versus the Investor33 debate is about what drives short term SP and whilst Doc83 is right it’s often down to sentiment of the herd but Investor33 is correct the MMs use short term sentiment to amplify movement in either direction to make their profit margins . The algorithms amplify to maximise margin and the men behind the scenes set the levers to trade the sentiment to its maximum advantage to the Mms
Thornogson- yes we have the LP and will be producing oil this year so as you say we just ride AIM rigged market the waves
.... yet they opine on the oil sectors risks and stress an imagined need for a capital raise when PM don't need it Heron Workover Kit paid for and in country and DQE participation deal at HQ for signing .
Get real or better still go back to the MM boiler room paid poster basement school and try to sound more plausible next time !!
I still can’t quite believe it , we are now a producer , not just an explorer continuously diluting to keep trading . We will soon be self sustaining and growing rapidly . Heron work over 2-3 weeks with the kit all bought paid for and in country . Onward and Upward !!! E & P Matadors!!!
Master82- is V1 really 1,000 miles from the new refinery? i thought it was approx 300 miles
1. RNS in 2 weeks time saying on V1 we have oil shows indication "x" metres thickness of potential oil reservoir ...and casing started ready for testing.."
Then
2. RNS in 3 weeks time the supply MOU converted to a Contract with PC & DQE contract signed for "x" new wells
Nice post master82 - thank you too for all your helpful research to keep our spirits up . Well done mate and to all who kept the faith 😆👍
28 October 2021
Eurasia Mining Plc
Potential Sale Update
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce an update on the potential asset sale.
Summary Highlights:
· Further to the proposal (the "Proposal") from the credible party (the "Buyer") on the potential asset sale announced via RNS on 12 May 2021, the Buyer has informed Eurasia in writing that it has successfully completed its due diligence.
· As announced via RNS on 30 September 2021, since the receipt of the Proposal in May for the potential acquisition of substantially all of the Company's assets, additional interest from other parties is being considered by the Board.
· It is the Board's intention to advance several options with advice from UBS, DLA Piper and other advisers.
I'm a minister sitting in MG cabinet looking at our governments $1Billion loan going into building our first and only oil refinery which will help our national revenue / budgets and balance of payment such that we'll be a long way towards being oil product self sufficienct.
And on the one had I'm told we have a foreign investor ( who incidentially are 21% owned by our biggest petrol retailer - Petrovis) with an oil discovery capable of supplying our refinery under an off take agreement ( IoM visit?)upon which
we've already granted an Exploitation Licence and they need a Special Purpose Land use Cert which we've already said
we'll grant as the discovery is of National Significance in that it will lessen our dependence on China .
Yet on the other hand I see 2 two or three activists & a local minister who's main "beef" is with PC who we're getting to act in a more environmentally sustainable manner after years of letting them get their own way.
Against the back drop of our President & this governments vision of attracting more foreign investment to exploit our natual resources and realise the Vision 2050 & New Revival Strategy.
Am I seriously not going to back our countries future prosperity ?
WOS - what’s Nadam and if 10th July is close of Great Hural Spring session when does it re-open so do you think this could delay LP
I'm missing master82's posts and good research. Haven't seen him/her on here for week or so now.
Don't let the derampers put you off.Cheers
Ibiza - I can see that run of prices too as you described. I think I may have underestimated the LP impact as I know it’s key to the transformation of PM but difficult to say whether the market will fill appreciate that until it sees production wells being dug