Member Info for Sbrace06

Well it did rise above 10 during the suspension..! Fingers crossed all

Cheers tigra atb bud

Feel sick! Got in day after suspension so not been in one of these before..

He just means the agm isn’t far away, potentially

Dshox, I’ll retract if you’re right about an rns today.

Dshox, isn’t it for hell to freeze over?

Ctc bang on

So it’s a year now since the buyer did dd on us. Nothing reported since on that! Utterly ridiculous tbh, as our top salesman dmitry would have been booted in any other sales role!
Only joking, I think, but news from Amur and pog this week blows apart eua’s need to keep shtum on EVERYTHING is wearing a bit thin I feel.

You gotta hope so

Prob not, we’ve been here a million times before!

On the recognition sales are completable in Russia. Even for f all ie Amur

Could also have been the men in white coats.
We can hope.

The day that moronic Onassis announces the sale is off I shall celebrate, as clearly it will be wrong.
‘Incoming’ wtf you loser.

Can they do no interviews or comment because of nda’s? I think not.

Is a one off for sure #facepalm

It’s always your tone mac, condescending. ‘You do understand that don’t you’

Part of it

Since Eurasia Mining operates in Russia, it was hugely affected by the Russian-Ukraine conflict. However, the announcement from the company officials that no individual or entity associated with Eurasia Mining had been subject to Western sanctions was a breath of fresh air for investors.

Moreover, the company has seen great improvement in its sales revenue. From £48,012 revenue in the first half of 2020 to £425,965 for the same period in 2021 is outstanding. Yes, the revenue stream remains minute, but it’s clearly heading in the right direction. Furthermore, owing to a private placement, the mining company’s cash balance rose from £50,000 to £16m as of the end of June last year.

Needless to say, seeing the balance sheet of a young mining business becoming flooded with cash is an encouraging sight. At least, that’s what I think. And providing that the tragic conflict in Eastern Europe doesn’t lead to any future disruptions of operations, the Eurasia Mining share price could be overdue for some upward momentum, in my opinion.

Challenges along the way

Undoubtedly, the increase in revenue and the additional explorational capacity are good signs for investors. But Eurasia Mining is not free from challenges and risks. The mining company’s high rate of cash burn raises many concerns amongst investors like me. Even more so, considering this is an unprofitable enterprise.

With the cost of raising external capital getting more expensive thanks to rising interest rates, the Eurasia Mining share price may have a tough time ahead if drilling results from its existing mining sites reveal some bad news. And that’s a risk almost all young mining businesses have to contend with.

Is the Eurasia Mining share a good buy?

Currently, the mined palladium production is limited in South Africa and Russia. Moreover, these countries are facing challenges regarding adding new supplies to meet demand. In such a situation, Eurasia Mining provides exposure to low-risk, ESG-friendly palladium supply.

Entering a market that is in a sustained deficit will thrust the company towards new highs, I feel. And following that logic, Eurasia Mining’s share price should be able to follow suit. Therefore, despite the high-risk nature, I am tempted to add shares of Eurasia Mining to my portfolio today.

Search park river.org Eurasia mining
Unable to link, also on twitter

Sweet dreams toon x

Sorry Pete, you said it seemed imminent :(
Best regards.