Member Info for spoon_key

I didn't take it as a put down in the slightest Lancerman, if anything I prefer people to correct stuff I put if ts wrong etc. I realy appreciate the courtious reply. See I dont sit on any side of the fence, I may own but I'm still open to views put from both sides but will admit that some of the posts attacking me lol when I suggest something that I thought was a good idea are mindnumbing but theres always the likes of you and some others who wont mind engaging in a decent manner even if it to show me I'm wrong etc :) It makes no diff to me if people are overly confident or the opposite aslong as they dont mind explaining things when asked to do so, I've had that experience on here a few times and on ADVFN also. Its refeshing :)

I was going to do some figures for what income WK could bring in per annum but tbh I think its pointless, I'm going for a walk with my mate now so probs wont be back on if you reply.

Thanks again

From EUA's website:-
WK Reserves & Resources

"4,477 Kg PGM in Russian B,C1,C2 categories (may, based on operational data, finally contain 6,402kg PGM)
Tipil license (24.5km²) as further resources beyond current Life of Mine.
Total P1 district potential of 21.6 tons."

I'll base this on 3 sets of figures 4477kg PGM in Russian B,C1,C2 categories, 6402kg PGM in Russian B,C1,C2 categories and 21.6t (21600kg) of P1
****
PGM in Russian B,C1,C2 categories
4477kg @ 70% = 3133.9kg - Raw to pure conversion
3133.9kg @ 68% = 2131kg - WK 68% Owned by EUA
2131kg @ 95% = 2024.5kg - Minus 5% Royalty payments
2024kg x £22k per kg platinum (Rough average price over past 3 years) £44.5m total
****
PGM in Russian B,C1,C2 categories
6402kg @ 70% = 4481.4kg - Raw to pure conversion
4,481.4kg @ 68% = 3047kg - WK 68% Owned by EUA
3047.3kg @ 95% = 2894.9kg - Minus 5% Royalty payments
2894.9kg x £22k per kg platinum (Rough average price over past 3 years) £63.6m total
****
Total P1 district potential
21600kg @ 70% = 15120kg - Raw to pure conversion
15120kg @ 68% = 10281.6kg - WK 68% Owned by EUA
10281.6kg @ 95% = 9767.5kg - Minus 5% Royalty payments
9767.5kg x £22k per kg platinum (Rough average price over past 3 years) £214.88m total

I know that there are other metals which I'm sure I read accounts for 5% so you would have to deduct 5% off the totals and then work out each metals price. The figures and purely based on B,C1,C2 & P1 categories so you then have to take into account costs to mine, overheads etc so total £ will be less. Some have said P1 etc are worthless, I've added for just pure speculation as I admit I still dont fully understand it all!

Look at the RNS 15/03/2021. Eurasia claims to have 4,477kgs of RAW PGM contained either in or below an over burden of 13,760,000 cubic meters of gravel.
The poster on ADVFN added the calcs for this but as I haven't done them myself I wont use theirs as that would be me cheating but they can be used to help process the cost to mine, they also included the link below which shows the mining process.

https://vimeo.com/user71951711

Thanks to the poster on ADVFN for the help, if they are reading this they know who they are , I haven't mentioned their name for obvious reasons! Anyway thats my basic calcs I said I would provide, please feel free to rip them to bits and correct all my errors, I tried! :)

I'm not sure if these make me a ramper or deramper so I will let you lot decide :)

I did lol at Spotifys comment about me, reminded me of my family members when something doesn't suit! As for all the others who atleast have had a debate/argument over figures etc I was want to say thanks, what you have all put could hopefully in some way help others undecided on what to do. So was my thread actually that bad other than the first ramblings of myself and a few others? I dont think so, I know I'll be going over whats been typed again.

I will post my WK update figures later because I said I would even though I think its plain to see my knowledge compared to the posts below are minuscule!

Cya later

The c*ckwombled tw*ting derampy ramper of a spoonfaced lying dishonest shorter! :)

Thanks Postman, I'm just trying to get a decent thread going which I admit I've ruined myself by replying to the stupid posts. If my calcs help in anyway to start that then great, I'm off out for a walk now have a good rest of the day :)

Spoon 20th Oct 2020 -

"Dont get me wrong Eddie, I have no idea what final sale price will be and I also wont be selling until we know, I would love it to be in the £'s, I just think some think its already a fact when it clearly isn't!"

Fair post Builder so I lied about not selling, please do me a favour and read over my posts about why I sold and again why I came back, plus take note I DIDN'T post again on here after selling.

"I would love it to be in the £'s, I just think some think its already a fact when it clearly isn't!" This cannot be disputed though.

My ego wants to say atleast I clamped the muppets by atleast trying to work it out, so I did :) Again I'll do it all again later, 165kg raw platinum was produced one year, now with 3 plants that should go up so I tried messing with figures and came up with some interesting answers, I didn't type them down but I know what to look for. I will add that I was thinking about 450kg raw per annum based purely on that 165kg figure and them now having 3 plants. I just need to convert it into £ and EUA's share to get possibel yearly income.

I'm sure or hope someone will say why these calcs are way off for whatever reason as atleast we get a better understanding of WK.

Aspenwood this is what I put on ADVFN, it was proved to be wrong but atleast they explained why which si why I want to alter my numbers. Hth

4477 tonnes *70% raw to pure *63% owned = 1974?

My calc was this:-
4477/100x70 = 3133 *70%
3133/100x63 = 1974 = 69630oz

Are my calcs wrong or is your 2.0245 wrong?

I read the RNS 15 March 2021 and it states:-

"The report further states an amount of 21,600kg Raw PGM as an author's calculation of P1 category for the metallogenic potential of the district surrounding the mine for which exploration licences have been issued or are being progressed."

I read that P1 also means explored/inferred on a Russian based system btw, this more indepth reseaching thing is quite handy!

Now assuming they get/have these licences then if my calcs are correct I get 9.5 tonnes = 324500oz over the whole area?

Aspen simply because I've spent to much time wasting my breath replying to the pathetic posts below but I will post them later for everyone to lol at or hopefully correct me. I want to go over them due to what someone on ADVFN said and why I think I need to alter them, guess why, I was underestimating it by 5%!

Whats sad Stork is that last year from what I remember the board wasn't this bad, atleast back then if you asked something someone would try to answer it rightly or wrong but they still tried. The pathetic attacks dont bother me, they if anything open my eyes just a little bit more! Funny how not one of them have done what I asked!

Lmao so the list is now:-
Deramper
Dishonest
Liar
I'll add shorter from the other day

All these just because I asked a question or for others to provide figures, have you lot heard yourselves?

Builder I'm calling you out, tell my why I'm a liar?

Arsenalles thats a fair point but all I asked was for a debate and look at the moronic replies I received and Its noticeable to anyone reading that its only holders who are repying, overly defensive maybe but that in itself speaks volumes. Guess what? *whispers "I still hold"

So what if I was in last year? So what you are saying is nothing has changed since then? Yes I sold and guess what I didn't message again until not so long ago, guess why? I was interested in buying back in again! Does that not show Im not the classic ramper or deramper or "Shorter" Wtf are you on about me being honest, please for the love of investing explain why now I'm not only a deramper but I'm also dishonest? You lot do make me lol, it is funny that you all are so defensive over me wanting people to have debate over figures.

Keep posting your stupid replies, I'm sure some of the more capable posters from either side will atleast have a go in doing what I asked, which guess what would be better than what this thread has turned into!

Also "Loaded question" A loaded question is a form of complex question that contains a controversial assumption (e.g., a presumption of guilt). Such questions may be used as a rhetorical tool: the question attempts to limit direct replies to be those that serve the questioner's agenda.

My agenda is simply this, for people on this board to stop arguing about rubbish and alteast have a proper debate about EUA, for me that includes figures for why said poster thinks EUA is worth this!

Wtf are you rambling on about? So lets get this right, you think I'm deramping because I want people from both sides to post actual workings out to the figures they provide? Some people need to engage their brain before typing!

Answer me this, how much do you think WK could produce each year with 3 washplants? I've done the calcs which will probs be wrong but I will post them later, I wont mind what so ever my figures being corrected.

An effing deramper because I want people to have a debate on figures wow like!

Omg like! Or maybe I just want people to be more honest? Why do you get so defensive in me posting about actual workings out? What exactly is the issue with me asking for this? Would you rather just have a board full of people argiung about rubbish or are you scared you might read something that makes EUA look bad? Guess what it could be you read something that makes you feel more safe in owning EUA!

From what I've read the ACF is supposedly full of errors that has been pointed out by both sides, also ACF dont come on hear spouting off their numbers then provide figures but many others do so why not post why they come to their number? It would be more helpful than "Look at the ACF report" It would also be a good read seeing both sides going head to head to show why they disagree, maybe then we will have a more balanced view?

As the heading states some workings out to go with predictions would be nice so is there any chance all those who keep arguing back and forth and those who give figures of what this share is going to hit can all come together in one big thread and post their actual workings out and then squabble about why that figures is wrong or this figure is right?

I say EUA will hit £2 because I own shares.
I say EUA will hit 2p because I dont own shares.

Great but how did you come to those numbers?

I know there are quite a few poster on both sides capable of doing this so why not bash heads with actual figures, it will help alot of those invested or not more than just soundbite figures bandied about.

Cheers :)

Agreed lancerman

Stevo999 "Please dont just come on and say " snore fest , copy and paste " !
IS WHAT HE IS SAYING TRUE OR IS IT BULL**** ?"

The info Mac posts could be helpful in determining if people should buy in or not so it doesn't bother me how many times he posts it but would you agree that posters posting false numbers or info to make EUA look good is also bull****?

The constant comments of greenbinning anyone who doesn't follow the positive narrative is very dangerous, if you and others want to walk blinkered into investing by doing that then good luck! Answer me one question though, have you ever looked into a negative comment to see if what they are saying is true or false or do you just read the postives and ignore the rest?

WK is not what mugwump makes out so why not pull them up on it and tell them to correct their posts for honesty?

You specifically said WK 15moz so dont try to spin it, 21.6 kg raw PGM P1 category from the district, its in the RNS.

Stevo99 I only just bought in last week so soz m8 but no I'm not a shorter I'm just trying to find out whats what and what Mugwump said was clearly wrong.

mugwump083 "Just something to ponder on folks !" So true and when they do they will see what you have posted in regards to WK is NOT factual, as for the rest I have no comment as I am still reading up on it all but if you are so far out on your WK figures then who knows with the rest of you figures! Tip to those who voted it up, just have a quick read up on WK thats all it took me with some help from someone from ADVFN who I am certain would be detested on here, then you will see the WK figure of 15moz mentioned is nonsense.