Member Info for TheBeastofBodmin

We have 4 million in cash.
Concentrate worth currently approx 5.8 million platinum currently $1085 oz
And a VAT rebate of 2 million.
We also know the one off costs relevant due amongst others the electic drag line and equipment at WK additional drilling and DFS.
Further reference to the electic drag line and potential future profits projected LB referenced in detail yesterday.
Thats aside I trust the company has budgeted the one off costs incurred with a little extra over to cover outstanding unforseen costs,
worked out the profits from this years mining and additional returns referenced, and also worked projected figured for the following year to ensure WK is profitable
otherwise why invest in this enormous equipment/staff cost?

As for relying on a buyer/entitiy has TF forgotten the Sinosteel JV procurment in regards to finance if the company does not sell the asset(s)?
Eurasia Mining plc (LON:EUA) has signed an engineering procurement and construction contract with Chinese company Sinosteel for the development of the two million
ounce Monchetundra palladium, platinum and gold project in Russia. The EPC contract comes with an associated mine finance package.

The bulk of this mine finance comes in the form of a US$149.5mln ten year loan facility at six month LIBOR plus 3.5%.

You can both start by doing something positive for yourselves or for others, take small steps each day for example try to say to yourselves not to talk absolute b*llox for 30 seconds and build up the time frame each day?
Good luck Scottie and Herbie for 2023.

Good link here this disaster was predicted back in 2015 by this professor
https://m.youtube.com/watch?v=JrMiSQAGOS4

You forgot Merkel how could you? :)

Best stick to your AMC and hope their sale and banking gets sorted for any sale fund transfer?
Not that I wish AMC anything but the best, I just wouldn’t be chucking stones from a very fragile glass house.
Happy New Year, have a nice evening.

No western co will be investing in Russia they will however continue to purchase heaps of PGM’s whilst BRICS and others invest and hoover up the resources that companys like EUA find.
Ignore the usual garbage and hot air from the usual crew and wait for official details from the company in regards to any further update on sanctions.

Not sure where you are plucking figures from considering we have no confirmation of existing resource value until DFS of what asset(s) might be sold or any potential impact of current/future sanctions or outcome of the conflict?
Happy New Year to all lets hope for a more peaceful world in the New Year.

They are so dizzy they forget the agenda they are instructed to focus on :)

Those are facts calls as anyone who knows the company understands the setup the Russian subsidiary’s and also understands the ‘worst case’ scenario mining via JV is longer term extremely advantageous to SH’s.
DFS and licenses pending EUA are fully committed for 2023 happy New Year all.

The assets are held in Russian subsidiary’s not as UK assets and as already stated selling to BRICS.
With Russian M&A specialists working with the company to sell those assets.
Failing that as has always been the case the company trigger Sinosteel and mine ourselves via JV.
Those are the facts.

But in order to drop the price of of oil +25% ($60) they would also need to lobby OPEC countrys to follow suit?
After all who's going to pay +25% for a product you can get so much cheaper in Russia?
And if you could, Russian oil exports boom results in a win/win?

Also like to know what these guys have to say on this?
Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela,
Qatar, Indonesia, Libya, the United Arab Emirates, Algeria, Nigeria, Ecuador, Gabon, Angola, Equatorial Guinea, and Congo.

Brent crude today $82 a barrel.

'Let’s do the War accounting, Russia is the major oil producer, Drop in oil prices will force them to end the War'

In effect are you thinking that the US/EU price cap to $60 dollars a barrel is going to stop them selling oil at +$80 a barrel, to countrys such as India, China, SA and a host of other country's increasingly contemptuous of US foreign policy?
Russia are the producer as are Saudi how on earth can the EU and US dictate terms and cost of others produce?
War or not this is fantasy politics, Russsia IMO will bypass/sell elsewhere and the West will have to either become energy independant as you state (though note the Biden administration has done all it can to be non energy dependant since it's first day in office stopping the keystone pipeline Canadian contract)?
Or the West will have to pay a huge premium to the enormous cost of the tax payer?
Not that they care about any of us I concede but if anything this is simply empowering Russia the tail cannot wag the dog....they are the producer not the consumer.

A placing ROFL do you have any comprehension of the cost of such an undertaking?
You have the answer in a previous post and RNS....'Sinosteel EPCF, engineering, procurement, construction and FINANCE'
Now, how to put ones leg into ones trousers...

But then you could argue why is the company progressing the exploration license below (tho I think part of a licensed area we are aware of) and part of any sale, we shall see?
'Separately, the Company, through its subsidiaries, is advancing a 100% owned exploration license application in the Monchegorsk area which is currently being reviewed by the relevant authorities.'

If it doesn't occur by 2030 we will be mining it ourselves which equates to more profits and a bigger slice of a very large cake for EUA and shareholders.
Have a nice Xmas and NY neil :)

Merry Xmas all have a good one :)

TDT has been saying it since 2015, he and Gold Dust (where for art tho Gold Dust) were telling us EUA would be in administration in 6 months....7 years later we have a working mine, DFS pending and a license for NYUD also pending.
Now he's back over here from the AMC bb with 'it's a SCAM' Rog, WTF guys have a day off, no one's listening :)

NYUD license pending so plenty of news for NY.

And the electric drag line will multiply that next year, unless of course all the assets are sold?

In regards to a buyer nowhere did I read the company suggest the buyer was from the West?
The buyer or interested parties were always BRICS.
In regards to ‘what the company have’ I get the point from an overall perspective however what we and the buyer do know is we have an operating mine at WK and a DFS for MT which I assume the buyer is able to see while it goes through the formalities with the relevant authorities.
We also have NYUD license pending the intriguing part is the 100% owned exploration license application being reviewed in the Monchegorsk area?
So from that plenty of positives to look forward to the company have done their bit and are as we all are and always have been to some extent effected by people with power taking extremely dangerous decisions.