Member Info for Snowman100

Re last post, I think I got the wrong end of the stick......I guess I just don't really understand the process. Ill just watch all the posts for a while until I get me feeble brain around it!

Sorry, I guess I clouded the waters a bit.....everyone else seems really excited especially over on ADVN.

Spud, what would happen to the carbon capture when the salt cavern is full which I would think wouldn't take very long. What do they use CO2 for?.....eventually it must be released back into the atmosphere isn't it? ....if it's feasably useable that would be OK. The only uses I can find are oil extraction and plastics but both of those are trying to be cut down on as far as I can see.

Re:- ' https://youtu.be/tP2L7k9Z9Ys ' ....'Salt cavern storage is mentioned !!'.

Blimey Spud, they certainly do mention salt cavern storage at minute number 20.....but they are saying they are doing away with salt cavern storage in favour of ammonia storage!......that is very bad for us isn't it!!!

Spud (or anyone else please)

I'm not trying to be deliberately negative here but there seems to be two MAJOR concerns with using hydrogen as a fuel.
1)Extreme explosive nature to the point of self igniting if freed from confinement.
2) Most Hydrogen comes from within natural gas or water, both processes to produce hydrogen gas expend more energy than is economical.

These two points are shown below.

https://www.resilience.org/stories/2006-01-03/myth-hydrogen-economy/

All free hydrogen generated today is derived from natural gas. So right off the bat we have not managed to escape our dependency on nonrenewable hydrocarbons. This feedstock is steam-treated to strip the hydrogen from the methane molecules. And the steam is produced by boiling water with natural gas. Overall, there is about a 60% energy loss in this process. And, as it is dependent on the availability of natural gas, the price of hydrogen generated in this method will always be a multiple of the price of natural gas.
Ah, but there is an inexhaustible supply of water from which we could derive our hydrogen. However, splitting hydrogen from water requires an even higher energy investment per unit of water (286kJ per mole). All processes of splitting water molecules, including foremost electrolysis and thermal decomposition, require major energy investments, rendering them unprofitable.

https://www.researchgate.net/publication/288039486_The_explosion_characteristics_of_methane_hydrogen_and_their_mixtures_A_computational_study

... In contrast to hydrocarbons, there are no established methods for the assessment of consequences arising from open air explosions in- volving hydrogen. The methods that are used for hydrocarbons, and which generally take partial confinement into consideration, may have limited applicability for hydrogen because, compared to hydrocarbons and several other flammable vapours/gases, hydrogen is much more reactive, has the broadest range of flammability limits (4%-75% v/v in air), requires low ignition energy, and has a negative Joule-Thompson coefficient (Gupta, 2008;Kang et al., 2015;Thomas et al., 2015;Faghih et al., 2016;Klebanoff et al., 2017). All these aspects imply that if leaked from its confinement, hydrogen may self-ignite. ...

Setting you a huge challenge...sorry in advance (I really want to be convinced).....but can you give a basic (trust me...it needs to be basic for me to understand!) rebut to these two problems.

Sorry again for the hassle.

Are due out.........Initial test work and high-level audit expected to be completed in approximately three months...This was 14th July....now 3.5 months..................surely HAS to be this coming week!
GLA

Here is my recent reply to a post on ADVN........you might find it very interesting!

ex,'I think our initial investment was 10%, but after securing funding of £2.2m and rolling the project out into another separate company Eurasia held 39% at that time, no info since that I can find',

What date is this?

RNS Sept 28 2018 - 'The Company also maintains an active interest in development at the Kamushanovsky Uranium Project which has recently secured new investment. Further updates on these projects will follow when a commercial interest for Eurasia is secured.'

How much investment and who from and what do they mean 'when a commercial interest for Eurasia is secured'....surely we already have a commercial interest don't we?...as in we own it!

I'm guessing they are alluding to the cUBIK launch?.......

'cUBIK.1 is the first batch of the token, issued exclusively against our proven resources in the
Kamushanovsky mine - a total of 7,770,000 cUBIK1 tokens representing 3,000t (or 7,770,000 pounds of
U3O8) for our proven U reserves, while in the pre-sale only 500,000 cUBIK1 tokens will be made
available. The remaining tokens are held by IMC Invest for future public sale to crypto-investors and
commodity investors and traders.
The discounted price of a cUBIK token in the SAFT pre-sale is $10. The standard sales price is set to
$20 as it reflects the smaller risk and shorter time to completion of the project.
Once we confirm additional resources (19.000t on top of the 3.000t for cUBIK.1), we may issue a second batch of tokens named cUBIK.2.'

All of those reserves (if proven)= 21,000t of Uranium, this is 42 Million pounds in weight which at $28 a pound is worth 1.176 Billion dollars. Price predicted to raise 50%-100% in next 3 years (see previous post 9951)...this would mean worth would be possibly over $2.3 Billion. our share is 39% ? that would mean EUAs share of the project is worth $897Million. Of course that's without all costs...how much would that be after all costs?...Is someone good at those sort of things for a reasonable guestimate?

GLA

A challenge to support the low carbon economy
The Faraday Challenge is one of a series of challenges set by the UK government as part of its Industrial Strategy. It will see £246 million invested in battery technologies over the next 4 years.

A total of £1 billion will be invested across all of the challenge areas

This is going to be the breakthrough we so desperately need.
WA are obviously going to endorse AXM through pending release of trial results. Chile may heap royalties on AXM via at least one of their huge companies....Chilean Govt are going to be fully behind any env friendly process as they've talked of nothing else lately.
What we, as sh of AXM ought to do now and quickly whilst iron is hot is bring this world class news (again, nice work Trillsg!) To the attention of as many as WE can to do our bit.
Anyone got any contact with proactive and interactive investors. This needs to be pushed out there fast!

Trillsg you bloody hero!
That is awesome!

No its not easy....but the following surely is simple to understand....you say you want the share price up but constantly talk the share price down!....FFS....why?....help me out here...I'm really struggling on this one.....it doesn't make any sense to me.

Feel free to play the man or the ball....only try and give an honest straight answer, without clouding the issue with loads of sub issues.

Of some interest?

‘RNS Number : 8592C
Eurasia Mining PLC
14 March 2011
As previously announced on 17 January 2011, Eurasia signed, on behalf of ERA, a Memorandum of Understanding ("MOU") to acquire a 55% interest in an advanced uranium project in Kyrgyzstan (the "Project"). To effect this agreement, Eurasia has nominated Energy Resources Asia Limited ("ERA"), a British Virgin Islands registered company, to be the legal holder of the Project.
Pre the fundraising by ERA, described below, Eurasia and Afrasia Mining & Energy Investment Holdings Limited ("AME"), a company with extensive experience working in Asia Minor and which also owns intellectual property on an extensive uranium exploration portfolio in Kyrgyzstan, both own 50% each of the share capital of ERA. Christian Schaffalitzky and Alan Clegg respectively for the two companies have been appointed directors of ERA.’

Alan Clegg is Non-exec Chairman, Alexander Mining (coincidentally another of my investments) who are specialists in Heap Leaching technologies, with patents out in just about every mining country in the world APART from Kyrgystan (where EUA have extensive Uranium resources) and Russia (where EUA have extensive PGM resources).
Weird….just from the point of view of coincidence.
Like EUA, AXM are sat on vast potential.

It was said in some later RNS that the Uranium resources were worth over a billion dollars….and Uranium prices are forecast to triple in next couple of years.
Is the AXM leaching technology possible on Uranium?

Spotty....you say you want 1p and yet you talk the SP down desperately....are you of substandard intellect?

Of some interest?

‘RNS Number : 8592C
Eurasia Mining PLC
14 March 2011
As previously announced on 17 January 2011, Eurasia signed, on behalf of ERA, a Memorandum of Understanding ("MOU") to acquire a 55% interest in an advanced uranium project in Kyrgyzstan (the "Project"). To effect this agreement, Eurasia has nominated Energy Resources Asia Limited ("ERA"), a British Virgin Islands registered company, to be the legal holder of the Project.
Pre the fundraising by ERA, described below, Eurasia and Afrasia Mining & Energy Investment Holdings Limited ("AME"), a company with extensive experience working in Asia Minor and which also owns intellectual property on an extensive uranium exploration portfolio in Kyrgyzstan, both own 50% each of the share capital of ERA. Christian Schaffalitzky and Alan Clegg respectively for the two companies have been appointed directors of ERA.’

Alan Clegg is Non-exec Chairman, Alexander Mining (coincidentally another of my investments) who are specialists in Heap Leaching technologies, with patents out in just about every mining country in the world APART from Kyrgystan (where EUA have extensive Uranium resources) and Russia (where EUA have extensive PGM resources).
Weird….just from the point of view of coincidence.
Like EUA, AXM are sat on vast potential.

It was said in some later RNS that the Uranium resources were worth over a billion dollars….and Uranium prices are forecast to triple in next couple of years.
Is the AXM leaching technology possible on Uranium?

FFS

Why is the market not responding to the tea-leaves ????!!!!!!

Here we go then!

The share price in any company (even blue chips!) will go south if enough morons run that company down. Surely that is just common sense isn't it?

Well said Spud.....it is so close I can smell it!

Nice 12K buy near to the close of trading today!

Our climb will be a sure, steady one.........the very best kind of rise..........because the value of this company and project is SOLID.

It is a simple question of how long the herd will hold off.....for pile in they definitely will!......the very clever one will get in early!!

I take your comments on board, but i have to say I am struggling with your logic.

If you are holding on in some forlorn hope of making good, then why are you attacking them with such bile!....I don't get it!!

Do you think that by slagging them off, that is going to make the share price rocket....which you say is your desire!!!!

Emphatically no! is the answer to that one....no debate needed.

If you want to the share price to increase, you need to get behind the game plan.

You need to get your head in gear mate....you can't have your cake and eat it.

I don't mean to be personal, but you are obviously in the wrong game.

My advice is this............pure and simple............. and I don't mean to sound derogatory (because I would love to see you swing behind the company) ....but if you can't change your outlook, go and invest in something you can afford to be uncomfortable with if things get tough for a while.

You are a joke!

Please share with us why you are still hanging around here like a bad smell.

I'd really like to know then when I know why I can go invest all my money in shares that I think are a total waste of time....you are obviously on to a winning formula !.....I expect you'll be retiring soon......LOL LOL LOL

You know where the door is you clown.

Smahed all time high today. Currently 1142 US Dollars per troy oz.!
WOW!
How much are sitting on?...2 Million ounces?
GLA.....Update very soon!

I invite everyone to look at this clowns posts on all his current websites......You are in the wrong game mate!.....go and invest in a building society......then again.........you will probably find that too much excitement!

Don waste your time posting on here again............go and waste someone else's time........we're on to you!

Adios!.....its been emotional!!