Member Info for TheBeastofBodmin

HaHa I remember when they were telling us WK was worthless ‘digging up gravel’ I seem to recall?
How did that turn out?
In regards to sale and moving the company on fact is the shorts were made to look good because of Putins ‘SO’ nothing company related as they have already surpassed the goals you sausages were telling us would not happen?
You have been wrong on every count on this company to date - fact.
You are only here due to a horrible unnecessary and stupid war without that you would be wibbling on another bb from your smelly bedroom -fact.

LOL....how many times have we discussed the cash, the one off large expenditures (have you seen the pictures of the drag line) the DFS, the drilling?
And the of course the amount of revenue from the electic drag line.
Surely you can work out the company is not spending 1 million a month and these are one of expense that will dramatically increase revenue and operations at WK?
And then there is the ore presently stored and the additional 2 mill....so the company is in a very strong position financially is not and has no need to raise and next year is set to increase WK revenue x3.
All the figures are there set out on this bb and in the RNS, you can spin the story anyway you like your only fooling yourself.

Dear me, some of you need help!
No further fprward with a DFS submitted
elecric drag line - revenue estimate
"In regards to the relevance of the electic drag line at WK, future concentrate/revenue
150,000 m3 per month average grade 363g/m3 = 54.5kg per month" - A true game changer for West Kytlym. 54.5 X 35.274 = 1,922.433 . . . . . . . 1,922.433 x 1000 = $1,922,433 a month.

And...
A new application for an exploration license for the Nyud area has been progressed by Rosgeo and the Company will update shareholders on receipt of this license in due course. The Nyud project will form the basis for the evaluation of other projects within the Rosgeo Agreement. 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. The exploration and mining license tenements held by Eurasia and under application position Eurasia at the forefront of Kola Ni, Cu and PGE exploration.

But no further forward....LMFAO!

Roger, you told us it was a scam yesterday make your mind up?
In regards to the relevance of the electic drag line at WK, future concentrate/revenue
150,000 m3 per month average grade 363g/m3 = 54.5kg per month

The comany holds concentrate as well as cash positive.
The Company has stockpiled all of the mine product (a 'black sand' concentrate containing platinum, palladium, iridium, rhodium and gold) from the 2022 mining season at West Kytlim for later refining. A final decision will shortly be made on the optimal strategy for refining concentrate with platinum prices now trending higher, and above US$1,000/oz, following significant price volatility through the season and USD/RUB exchange rates rebounding from 50's ruble per US$1 in June 2022 to 60's ruble per US$1 now. A further announcement regarding the concentrate will be made in due course.

tarra Roger :D (BTW was not me this time)

Roger, did you as you previoulsy claimed make a good profit out of EUA?
Or did you make it all up?

Are Nickel and PGMs the most in demand of metals - yes
Have the resources wandered off elsewhere - no
Will EUA sell their assets - IMO yes but if they don’t they have a JV to mine
The sticking point currently geo politics but even that is not prohibiting the Wests huge demand for these much needed commodity’s from Russia.

I understand concerns about war, but those should be on broader topic than EUA and has the potential to effect us all.
But in regards to EUAs operation and Herbies assessment of all over prior to war….reveals a lot about some who post persistent negativity, they always wanted it to fail.

Also referenced in the RNS 30th Sept

With regards to the proposed sale of our Russian assets, as previously announced, our M&A team is focusing on BRICS counterparties, and discussions are ongoing with predominantly Russian, Indian and Chinese non-sanctioned counterparties. Whereas progress has been made with certain parties, at present there can be no guarantee that the Company will enter into a legally binding sale and purchase agreement with any of the interested parties. We expect potential buyers to remain anonymous until the Company is in a position to execute a legally binding agreement and further updates regarding the sale process will be made as appropriate.

All the investors need to do to understand the BoDs position is refer to the RNS on the 30th September.
That explains things like DFS submission and electric drag line commission along with the financial status and other company information.

Still holding too and added a few more at these levels, all my decision based on what I researched not based on anyone else's posts not Mac LOL and not the telegram group (was here before it existed).
Have a nice day all...

P.S. tarra Roger :D

‘Tried to bully people’ am I the only one smiling at the irony :)

Concur Mr Hackett.
And as nice as a ‘submitted DFS’ RNS would be personally setting expectations to when authorities eventually reply.
Not adverse to a Xmas present if EUA are able to deliver mind.

Hooking up to the grid suggests a culmination of the dragline installation and test/commencement of operation as previously suggested in the interim RNS 30th Sept.
'Major projects including the installation of an electric dragline and a power line to site have progressed well through the summer months. All 286 posts on the power lines route to site have been installed and the line itself is currently being pulled through. Electric infrastructure at site, including the high voltage sub-station constructing and commissioning and six separate electrical hook ups, have been installed'

It’s a mining business not Jesus of Nazareth hence planning and execution.

'European Peace Fund at the summit, which supports the delivery of weapons to Ukraine, according to Borrell'
The irony, afew decades from now could be see spin off 'black adder part IV'?

'If nothing else works, a total pig-headed unwillingness to look facts in the face will see us through' - Gen. Sir Anthony Cecil Hogmanay Melchett

The BRICS are the power in this part of the world however, it’s not like western companys had an option to purchase the assets even if they wanted to?

‘ but would not sanction Nornickel, the company where he is a major shareholder’
How would they manage to import nickel
If they did?

I doubt they would justify an RNS to declare a drag line is complete given the construction to date and previous further update
‘ Power line and e-dragline construction projects on course for completion later in this season’