Member Info for TheBeastofBodmin

Until we get the final confirmation of the seasons total from WK (now it is 100% EUA profit) how is anyone going to work out seasons income and cash burn?

The answer to the questions are in the RNS below, the 15th should be the 16th.

RNS Number : 0151R
Eurasia Mining PLC
24 October 2019

RNS Number : 3566M
Eurasia Mining PLC
16 September 2019

28p
Assuming the prize is a coconut otherwise not playing ;)

No worrys mate.

'A worried shorter'??? errrrrr...no!

What are you guys doing putting sell orders on?
It will only go to those levels with a buy out and then you will get the resulting price which could be higher?
I don't think this is a smart move....but thats IMO.

It's one great big monster! But don't take our word for it DYOR because it's your responsibility and yours alone.

With the latest news and further resource valuations 20 -30p are now realistic, possibly even conservative?
This has gone to another level completely, as a LTH I would have been happy with 4 - 5p but that is now a ludicrous price for what is a monster resource, I anticipate a 6 - 700 million offer as a start point. I know it sounds bonkers and I am having to check myself every time but thats where we are at.

If based on the value of MT license then that was a 2 billion dollar asset, however Palladium has since soared and given the current pld price EUA has approx 3.4 billion dollar asset, thats without the flanks which is a known addtional resource.
Even if EUA sold MT alone at a conservative 3% of overall value that would equate to $102000000, it's current market cap is 26 million, not including WK and other assets.
In regards to assesing the assets, Mr. Alexei Churakov was assigned Strategic Advisor to the board of the Company given his many connections including links to one Lesego, Lesego Platinum's have spent time on evaluation of both Monchetundra and West Kytlim projects and now the banks are involved. It is of no coincidence that major players will tender for EUA's projects they are an extremely valuable in a commodity in short supply.
As for selling the asset, there are LTH's on this thread, Mac, Snowy myself to name a few who always speculated that EUA would sell the asset, EUA always has been a exploration company to take on a project the size of MT it would always need to either JV or sell the asset, to state otherwise simply displays lack of understanding that some people have, and then predictably show up on a BB making themselves out to be some kind of guru!
Well done to those LTH's who had the faith to snap these up in the sub .40 and .50 despite the naysayers could be the smartest financial move you ever made.

Hey Gold Dust!
Are you in now, we had a bit of a laugh in the past so hope you caught the boat with the rest of us? GL.

Mr Churakov's contacts, EUA primed for sale always believed it would be even more so now.
Top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company,Russian Platinum and many others.

Confirmation of the commitment $$$ by Sinosteel should ensure the market recognises MT, until that is verified then we wait.
Even after that I cannot truly believe EUA will mine the resource it's too big a job for them IMO and I think it will be sold, not at the value but we would make a tidy sum if that all goes to plan as you say regardless of 2 bill shares etc.
No guaruntees in mining of course, but thats my thoughts on it and why I have been nibbling away grabbing them when I can, risky game but you don't play you don't win GLA.

Beauty....alas not in my wildest imagination LOL!
No need to filter from my perspective I have no objection to noise or opinion, though I will concede the ADVFN noise has got rather boring and repetitive...but that's their problem.

JLP??? I would not invest a penny in SA the country is an absolute shambles and is quite likely to get considerably worse after the ANC's complete rejection of responsibility kowtowing to the EFF and sanctioning the expropriation of land of farm owners.
Henric, Tjate, PlatCro all in SA would not touch it with a barge pole.
Zimbabwe 2.0, Africa's next failed state.

It's good to see the deramper's active on our site, if you pop over to ADVFN they are all over there as well, sadly (for them) no one takes a blind bit of interest in them either.
The noise will get worse the better this get's, there is no show without the clowns.

That you were going to sell your shares as soon the SP reached 1.0p? LOL

What happened last night did she forget to lock the doors?

Chill it's going to happen and we will be the last to know.

Opens us up for a bid, lets hope there are more than one party interested wonder if Sinosteel might put in a sizeable offer and take MT, after all if they are putting up 150mill initially why not 150 mill to take the project?

Apologies meant 6p price target minimum!