Info Interesting that EUA have updated or more to the point highlighted by repeating who the major shareholders are, as of two days ago: [link]
Info Palladium, the ‘Tesla Stock of Commodities,’ Smashes Record Again Luzi Ann Javier and Joe Richter BloombergFebruary 18, 2020 Futures contracts for the precious metal surged as much as 8.1% to a record as Wall Street fled stocks. Investors are searching for safe havens after Apple Inc. warned that the virus and efforts to contain it would have its sales missing forecasts. “Palladium has been unbelievable – it’s like the Tesla stock of commodities,†Edward Meir, an analyst at ED&F Man Capital Markets, said by phone. “Prices are caught up in the rally in precious metals. Whenever these metals rally palladium tends to move as well, but by a greater magnitude.†The rally in metals gathered pace around 10 a.m. as gold advanced above $1,600 an ounce. Over that full hour, volume for palladium was more than six times the average in the past 100 days for that time of day, according to data compiled by Bloomberg. Palladium delivered a 77% return over the past year, the biggest among 45 raw materials on the DCI BNP Paribas Enhanced Index. Palladium futures for March delivery climbed 7.8% to settle at $2,497.60 an ounce at 11 p.m. on the New York Mercantile Exchange. Prices kept rising after the market closed Tuesday, touching $2,504.50, the highest in records going back three decades. The market was closed on Monday for a U.S. public holiday. In the spot market, the metal also reached an all-time high. Gold futures for April delivery rose 1.1% to $1,603.60 an ounce, the highest close for a most-active contract on the Comex in New York since 2013. The tally of outstanding contracts for the metal is more than 30 times the size of palladium. Palladium’s stellar performance has been driven by expectations that stricter Chinese environmental standards will spur higher loadings of the material in cars, draining global supply that’s already struggling to meet demand. Production will trail consumption by 1.9 million ounces this year, wider than the 1.1 million ounce-deficit last year, Anglo American Platinum Chief Executive Officer Chris Griffith said in a presentation. [link]
ii EAU… XXXX Dream . These were suspended on the 11th Feb 2020 after over 150% increase since November 2019. Came back much the same price above 7pm . look like a favourite with chart traders . Maybe an example of buying into a rising share but if you did buy around suspension its down on that as of today . And the Article below was suggesting 19p !! Eurasia Mining: What happens when trading resumes? by Alistair Strang from Trends and Targets | 12th February 2020 08:50 With trading halted at precisely our chartist’s price target, he looks at what might happen when suspension is lifted. Our 31st October review of Eurasia Mining (LSE:EUA) proved accurate. It also confirmed our grasp of time is tenuous at best, the share taking until the start of February to trigger a rise. And now, having achieved our 7.25p target, the share has been suspended from trading, leaving us wondering about our level of prescience. What just happened with Eurasia Mining? It truly is a puzzle, the market only choosing to display the share price as closing above 7.25p on the very day it was suspended, for some reason choosing 7.3p as the “closing price†on a day when the ordinary mortal couldn’t actually trade. Needless to say, a bunch of orders were shown as executed, the final “trade†of the day showing as 7.25p anyway! Quite why these trades took place is a bit of a raised eyebrow, half a million at 85am through to one million showing at 47pm. According to our reports, all trades show a “buy†indicator. We’re a little confused at this. We find ourselves in a strange situation, releasing commentary against a share which isn’t trading. 11 February 2020 (statement via Regulatory News Service) "The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC [China’s state-owned investment company]. “The Company’s AIM securities remain suspended. Further updates will be made shortly.†It’s a share which successfully hit and exceeded our secondary target during the last four sessions and now, it’s a share showing as closing at 7.3p, above our secondary. Therefore it must be regarded as primed for future rises? (by just 0.05p, not particularly convincing) Presumably it’s hoped the suspension shall be short-lived, creating a situation where movement now above 7.9p (the prior highest intraday trading price) looks perfectly capable of a lift to 9p next. If exceeded, we can now calculate secondary at a more encouraging 11.75p eventually. In line with our grasp of timeframes, the secondary target could be longer term or perhaps the day after suspension is lifted. The Big Picture gives 19.75p as a major target for the future, one which requires the price to shrink below 4p to utterly cancel. This brings us to the glaringly obvious. The stock market, always a kind and generous place, will doubtless be perfectly capable of throwing some reversals at the price following trade recommencing. So long as any market games do not drag the price below ‘blue’ (the long term downtrend), we shall be fairly relaxed but’ obviously, should it be taken below the critical line, we’ll need revisit the numbers in a panic. Source: Trends and Targets Past performance is not a guide to future performance Alistair Strang has led high-profile and “top secret†software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know “how it worked†with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology. Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or interactive investor will be responsible for any losses that may be incurred as a result of following a trading idea. These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation, and is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company’s or index name highlighted in the article. 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RNS-Historic EUA… XXXXX Dropped of a little but still above 7 ( Dream )
In the Media It’s quite interesting that EUA added the link to a ‘Proactive Investors’ article while their shares are suspended, the article was published 13/02/20: [link]
RNS-Historic 12 February 2020 Eurasia Mining plc Exercise of warrants and options Eurasia Mining, the palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominately palladium open pit deposits near the town of Monchegorsk on the Kola Peninsula, is pleased to announce receipt of notification from both Sanderson Capital Partners (‘Sanderson’) and Optiva Securities (‘Optiva’), to exercise 22,017,871 warrants (ordinary shares of 0.1 pence) in the share capital of the Company (“the Warrant Sharesâ€). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £225,001. The warrants represent the total amount of warrants held by Sanderson (20,000,000 warrants at 1.0p) and Optiva (2,017,871 warrants at 1.24p). In addition, the Company announces it has received a notice to exercise 9,000,000 options (ordinary shares of 0.1 pence) in the share capital of the Company, being 8,000,000 options at an exercise price of 0.90 pence per share, and 1,000,000 options at an exercise price of 0.42 pence per share, (in aggregate, the “Option Sharesâ€). The consideration for the exercise of the Option Shares amounts to a cash value of £76,200. These options were exercised by employees of the Company, not holding positions as directors of the Company or as senior management or as advisors to the board. As mentioned in RNS on 11 Feb 2020, trading in the Company’s shares is currently suspended. Application will be made for the Warrant Shares and Option Shares to be admitted to trading on AIM(‘Admission’) as and when trading in the Company’s shares resumes. These shares will rank pari passu with the ordinary shares of the Company in issue. Total voting rights The Company’s total issued share capital upon Admission will be 2,724,774,624 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.
RNS-Historic 11/02/2020 3:11pm UK Regulatory (RNS & others) Eurasia Mining (LSE:EUA) Intraday Stock Chart Today : Tuesday 11 February 2020 Eurasia Mining PLC Statement re Suspension The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC. The Company’s AIM securities remain suspended. Further updates will be made shortly.
RNS-Historic 11 February 2020 The following amendment has been made to the announcement released on 11 February 2020 at 07:48 under RNS No 6050c ‘the company’s nominated adviser’ All other details remain unchanged. The full amended text is shown below. NOTICE 11/02/2020 7:45am TEMPORARY SUSPENSION OF TRADING ON AIM EURASIA MINING PLC Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement. [link]
Info Make your own mind up: “Michael Hammond @mehhk7 · 1h #EUA #platinum #palladium #gold —Understand good meetings at Indaba:#EUA making good progress on negotiations with Russian, Asian,and S.African PGM [link] Merchant has signed engagement letter with #EUA-PGM very much in focus at Indaba -PGM + / #EUA research†[link]
RNS-Historic EUA… XXXXX 7.8p today would of been a great buy a week ago @ 3.5p . Wonder if Winnifrith has commented since.
Info Out of interest EUA are attending the “Investing in African Mining Indaba†which started yesterday and concludes This Thursday : “Investing in African Mining Indaba is the largest mining investment event in Africa. With a proven track record of bringing together Heads of State, Ministers, senior Government representatives, Major, Mid and Junior Mining Companies, Investors, professional services as well as mining equipment and service providers, Mining Indaba is the place to meet everybody who’s anybody in the African and global mining industry. It is the must-attend event that drives the mining industry forward, provides attendees with an unmatched access to the entire value chain and the most influential players in African mining for four days of high quality content, deal-making and networking opportunities.†[link]
Info ACF Equity Research Ltd issued a research note today: [link]
RNS-Historic Ripley94-lol
RNS-Historic EUA… XXXX Tom Winnifrith | Wednesday 29 January 2020 Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. At 3.4p Eurasia Mining (EUA) is a company shown to have lied to investors, with zero balance sheet support and which is burning cash. That is why, it needs to do a placing. Yet it is still capitalised at £92 million. So, what are the shares worth? I asked you for the craziest examples of Bulletin Board Moron madness last week and while there were some great spots as you can see HERE, Evil Banksta came up with the gem below: Two entries from the EUA private Telegram group in response to an initial question from the poster “Longsuffering†today at 161: At what price would you be prepared to sell half your holding in EUA in the next 3 months. Stockdale Initially no need to sell at all as we’d be expecting a special dividend and retaining the shares. After that who knows? BlockGooner I had a dream of 58p some months ago but have a feeling for 25p Would realistically sell 50% at 25p which would get rid of my mortgage and enable me to go part time at work.
In the Media After looking at the ADVFN site it looks like EUA tweet is possibly directed at Clem Chambers and his sidekick Tom Winnifrith who are both best ignored!