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Can someone please explain in simple terms, what do the recent 4 RNS's 'Form 8.5 (EPT/RI) - Eurasia Mining plc' mean?

Thanks.

Morning chaps - I've just bought a considerable amount in HZM this morning at 6.45p. I really believe in HZM after watching Jeremy's videos online and reading about the potential of the Araguaia project.

Hopefully 6.45p is a good entry point but I will be buying on any dips.

Glad to be part of this journey.

Ps - now to put this in the bottom drawer and find a suitable entry point for EUA :)

No problem RMR1969. I took a 'punt' with EUA a few weeks ago, but I have spent some time this weekend doing more research on some of smaller holdings in my portfolio as I have considerable funds to invest hence you will have seen me on a few boards this weekend. Appreciate your advice, we are always learning each day but that's why we have boards like this to share knowledge.

@RMR1969 I do have a small holding in EUA at 20p but determining whether to chuck some more in. No ulterior agenda.

Hi folks, I am currently in HZM and been researching on EUA today. The potential sale of the company and the project look really exciting, do you think I am a little late to the party? The prospects at Monchetundra look amazing!

Any thoughts appreciated.

*Calgau

iPhone autocorrect

Thanks st-tropez and ocelot.

Based on the RNS released on Monday m, the Calgary drilling is scheduled to start next month so exciting few weekends ahead.

I am perplexed to why the significant rise so quickly within a short period so will try to find a good entry point. I hope I am not too late to the party but also do not get caught by this spoke. The fun of the markets.

Morning all,

I am a current holder in EUA and HZM. I am also researching into AMC and ALBA. I can see that ALBA has risen significantly within a short period of time. I am just reading the First Equity report issued in June 2020 which gave ALBA a target price of .56p per share.

I am fascinated by the Clogau project, disposal of Horse Hill and Amitsoq.

What price do you envisage or what is the target price for the long termers here in the next 12 to 24 months? Any insight would be helpful.

I've been doing some further research on some of my investments to determine which one's to put further money in.

I have found that there is limited info out there on VELA especially on their website and I am going through their RNSs to find what I can. Thus, it would be great if someone can point me in the direction of some valuable info on VELA.

Thanks

want today to fly by so we can fast forward to 7am in the morning!

An exciting week fingers crossed.

Let's hope we get the PSC signed asap because we are solely reliant on it!

Here is to a good week (and an opportunity to top up).

Morning all, as hopingforbags has said, the Baja website states ‘The Stanley-4 well has been successfully drilled to the planned total depth, production casing has been installed and the well has now been completed as an oil producer.’

What can we read into this?

Well COPL, where do I start, it's pretty simple really. They have a joint venture with Shoreline Energy called ShoreCan registered in Bermuda. Shorecan have a 10% shareholdiong in Essar Nigera, a company which has a sole interest in OPL 226.

OPL 226 is situated along both the northwest and southeast portions of the doubly plunging Anyala anticline. The Anyala Field, located within OML 83, is at the crestal area of the anticline and is predominately gas as presently defined by drilling. ShoreCan interprets the gas bearing sands in lower stratigraphic intervals to be gas caps to oil bearing sands present on the northwest plunging limbs and the southeast plunging limbs.

Noa-1 discovery drilled in 2001 on OPL 226 with several gas zone pays and a lower oil zone with nearly 20 metres of
blocky oil sand pay, on the southeast limb of the Anyala Anticline.

We are currently waiting for the extension of the PSC for OPL 226 which is due 30th September (next week) but in the RNS released on Thursday, this should creep into Q4 so hopefully in the next few weeks. It's a bargain price to get in at the mo so will be topping up there prior to the end of the month.

Thanks shaa. I read that comment from Arthur, although it's a forward looking statement, it is so generic. I mean all businesses 'have the view to add opportunities' so hoping we had something a bit more concrete.

Oh well, let's hope the PSC definitely gets approved in the next week or so.

Thanks all, especially all Holstb for the useful summary. Much appreciated. It is pretty much in line with what I have gathered so far. The good thing is, we are not relying on project as we also have the Peru drill in the middle of next year.

I am in a few companies at the mo but doing more research to make a larger investment in them. I am spending my weekend doing detailed analysis on BOIL, MSMN, COPL and HZM.

Have a good weekend.

Morning folks, I am currently in heavy at 0.35 and deciding whether put more in. I know we are extremely hopeful on the OPL 226 PSC being approved in the next few weeks.

I've just been reading the Q2 report again. It states 'COPL’s interest in Mozambique will be dependent on successful
negotiation of a new Production Sharing Contract (PSC). The consortium will be invited to negotiate with the
Government of Mozambique the terms of the PSC governing the block. '

Do we have any idea when the consortium will be invited to negotiate?

And secondly, I assume we and the share price is heavily reliant on the OPL 226 PSC being approved? Of course, I want this to be approved asap as I have a vested interested. However, from a investment and a risk mitigation point of view, apart from Mozambique, do we currently have any other projects in the pipeline? I can't seem to identify any at this stage based on my research.

Thanks in advance.

Hi all - currently doing more research on BOIL to decide whether to make a significant purchase in this, especially as we are below the recent .10 placing price. I am currently in at .898.

The Feb RNS states 'The figures computed by Shell clearly indicate the size of the potential prize'.

Put simply, why didn't Shell pursue this well if they know the size of the potential discovery?

I am still learning about Oil and Exploration so any useful insight would be much appreciated.

Thanks

@Loggy - to help you with BOIL research :)
https://www.nsenergybusiness.com/news/baron-oil-singapores-sundagas/#

Hoping for an exciting week for MSMN next week. Fingers crossed.

Have a good weekend all.

Yes absolutely @LoggyLogbot.

I am in Boil at 0.08 for £1.5k but it is for the long term. I'm thinking of putting some more in MSMN due to FOMO on potential transformational news. I have a well diversified portfolio at the mo COPL, TRX, HEMO, SYME, 7DIG, HZM, EUA so hoping things pick up next week.

Thanks @hopingforbags.

Let's hope it goes up soon.

PS - I see that you're also in BOIL. I am thinking of going BIG into that as that has huge potential too.