Eurasia Mining Live Discussion

Totally_Wired 11 Nov 2019

In the Media Eurasia Mining appoints Russian adviser to assist on strategic sales Oliver Haill 15:38 Mon 11 Nov 2019 “We have been fortunate to have his advice for over 10 years and he has made the tasks of licencing our projects much easier” Eurasia Mining PLC (LON:EUA) has officially appointed metallurgical expert Alexander Vasilievich Sushchev as an adviser to the board as it looks to leverage some of its mining assets. Sushchev, formerly a manager at palladium colossus Norilsk Nickel, will work with fellow strategic advisor Alexei Churakov and investment banks VTB Capital and CITIC Group. As chief executive of metals producer SMCM, Sushchev helped sell the company to an affiliate of with Rusal. Eurasia chairman Christian Schaffalitzky said: “I am delighted to formalise our relationship with Alexander, whom I have known for many years. “We have been fortunate to have his advice for over 10 years and he has made the tasks of licencing our projects much easier. “His contacts and experience working at the top level of the PGM and base metals businesses are important in our ongoing discussions, as we explore strategic opportunities for our assets.” Instead of a fee, Sushchev will receive a 10% share of Deloan Investments, an investment vehicle that holds a 10.42% interest in the company and is 64.5%-controlled by director Dmitry Suschov. [link]

Totally_Wired 11 Nov 2019

RNS-Historic 11 November 2019 Eurasia Mining plc New Appointment Alexander Sushchev appointed as strategic advisor to the board Strategic Advisor appointment: Eurasia is pleased to announce the appointment of Alexander Vasilievich Sushchev (PhD in metallurgy) as strategic adviser to the Board. Alexander is a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer, that he helped sell to a company affiliated with Rusal) as well as former manager of Norilsk Nickel, the world’s largest palladium producer. Alexander will be working closely with the Directors of Eurasia, Mr Alexei Churakov as well as with the banks as the Company is working on a potential disposal of the Company’s assets as announced on 24 October 2019. There can, however, be no guarantee that any transaction will occur. Alexander will not receive a salary for his role. However, it is noted that Alexander will receive 10% share in Deloan Investments Limited (“Deloan”), a Company owned and controlled by Dmitry Suschov (Director of the Company), which holds a 10.42% interest in the Company. This will help avoid the dilution of the shareholders and will allow the right success oriented motivation of Alexander. Following this transfer, holdings in Deloan reflect the following: Dmitry Suschov holds 64.528% of Deloan and accordingly has 6.72% indirect interest in Eurasia through Deloan and with his additional direct holding of 190,270,430 ordinary shares has a 13.92% interest in Eurasia; Alexei Churakov holds 25.472% of Deloan and accordingly has 2.65% indirect interest in Eurasia through Deloan and with his additional holding of 39,682,774 ordinary shares has a 4.16% interest in Eurasia; and Alexander Vasilievich Sushchev holds 10% of Deloan and accordingly has an interest of 1.04% indirectly in Eurasia. Alexander received his PhD degree in metallurgy from Moscow State University of Fine Chemical Technologies named after Lomonosov. Other: Queeld Ventures still hold 307,250,000 shares which, following various warrant exercises now represent 11.63% of the issued shares in the Company. Following the announcement made on 8 November 2019, application has been made for the Warrant Shares to be admitted to trading on AIM, an dealings are expected to commence on or around 14 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue. The Company’s total issued share capital upon Admission of the Warrant Shares will be 2,642,813,280 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. Christian Schaffalitzky, Chairman added: “I am delighted to formalise our relationship with Alexander, whom I have known for many years. We have been fortunate to have his advice for over 10 years and he has made the tasks of licencing our projects much easier. His contacts and experience working at the top level of the PGM and base metals businesses are important in our ongoing discussions, as we explore strategic opportunities for our assets” Full RNS via link below: [link]

Totally_Wired 08 Nov 2019

RNS-Historic 8th November 2019 17:34 Eurasia Mining PLC Exercise of Warrants Eurasia is pleased to announce that it has received notice to exercise warrants over 13,166,666 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £79,000. Christian Schaffalitzky, Chairman added: “This brings the total amount raised from recent executions of warrants and options in the Company’s shares to £904,184, with further revenue from the mining operation to be paid later in the year. We are working on an outline of our mining season at West Kytlim as well as on our plans for the mine’s development during 2020, which we will release in due course.” Total voting rights The Company’s total issued share capital upon Admission of the Warrant Shares will be 2,642,813,280 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. Shareholders are encouraged to follow the non-regulatory progress at the Company’s mine and Monchetundra Project through the Company’s media channels including: [link] [link] [link] About Eurasia Mining PLC (LSE: EUA) Eurasia Mining is a long-established palladium, platinum, iridium, rhodium and gold focused production company quoted on the London Stock Exchange AIM market, with an operating PGM mine in the Ural Mountains palladium open pit deposit at Monchetundra. In addition, Eurasia maintain an interest in the Semonovsky Gold in Mine Tailings Project, an asset demonstrating potentially low-cost new-term gold production potential. Eurasia’s two core projects are: The West Kytlim operating mine (of which the Company owns 68%), which is the largest alluvial platinum reserve in the world currently, with 2,283 kilograms of raw platinum in reserves, and resources and resource potential to a further 10 tonnes of raw platinum. A single washplant has operated on site during 2018 and 2019, with further increases in production planned from multiple washplants. The mine was previously contracted to generate cashflow from which to finance further capitalisation of the asset. All contractors were retired from the operation in September 2019 and since then Eurasia has been operating on an owner operated (100% of revenue) basis. The Monchetundra Project (of which the Company owns 80%), has in place (signed October 2016) an EPCF (Engineering Procurement Construction and Financing) contract with Sinosteel, a state-owned Chinese corporation focused on mining. This agreement fully finances the Project through building of the 1.7m tonnes per annum processing facility at the Monchetundra Project. [link]

Totally_Wired 05 Nov 2019

RNS-Historic 17:20 05 November 2019 Eurasia Mining plc Exercise of Options and Warrants Eurasia is pleased to announce that it has received notice to exercise warrants over 54,750,002 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £328,500. In addition, the Company announces it has received a notice of exercise options over 8,257,748 ordinary shares of 0.1 pence in the Company at an exercise price of 0.42 pence per share (the “Option Shares”). The consideration for the exercise of the Option Shares amounts, in aggregate, to a cash value of £34,682. These options were exercised by employees of the Company, not holding positions as directors of the Company or as top management or as advisors to the board. Christian Schaffalitzky, Chairman added: “The Directors are happy that both revenues from the sale of metals from the West Kytlim operation and the execution of the warrants have significantly improved the cash position of Eurasia and its negotiating position in the ongoing talks”. Exercise of Options and Warrants: The Company announces that it has received notification from warrant and options holders to exercise the following warrants and options at the following prices - see table via link at BOP: Total voting rights The Company’s total issued share capital upon Admission of the Warrant Shares and the Options Shares will be 2,629,646,614 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. [link]

Totally_Wired 05 Nov 2019

In the Media From EUA twitter feed this morning: Eurasia Mining @eurasiamining · 3h #EUA #Platinum #Palladium #Monchetundra #WestKytlim @eurasiamining 𝙈𝙚𝙙𝙞𝙖 𝘾𝙝𝙖𝙣𝙣𝙚𝙡𝙨 ️Keep up-to-date with the latest #EUA media through our various outlets ️Vimeo [link] ️Twitter [link] ️Vox [link]

Ripley94 02 Nov 2019

ii Finished week after falling back @ 2p

Totally_Wired 01 Nov 2019

In the Media From EUA twitter feed an hour ago: “Eurasia Mining @eurasiamining · 1h Eurasia busy visiting Kevitsa (Ni Cu mine with PGE credits) today -recently acquired by Boliden for EUR650M- Monchetundra has higher PGE grades with Ni and Cu also recovered - interesting trip” [link]

Ripley94 30 Oct 2019

RNS-Historic I’d guess the warrants were under 1 and they would keep selling into anything above that

Totally_Wired 30 Oct 2019

RNS-Historic 16:45 Eurasia Mining PLC 30 October 2019 Exercise of Warrants Eurasia Mining PLC, the established producer of palladium, platinum, iridium, rhodium and gold, has received notification from warrant holders to exercise warrants over 18,766,668 shares of 0.1p in the share capital of Eurasia (“the Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £112,600.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 5 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue. Christian Schaffalitzky, Chairman, commented: “We appreciate the continued interest and support from our shareholder base and the additional funds raised through the exercise of these warrants, which with further cashflow to be received in December from our mining operations, builds on our cash reserves, and strengthens our position in ongoing negotiations regarding our assets as announced in our recent RNS (dated 24 October 2019)”. Total voting rights The Company’s total issued share capital upon Admission will be 2,566,638,864 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. [link]

Ripley94 30 Oct 2019

RNS-Historic See it made a big retrace midday almost BAVK to 2p … Bounce back to 2.75p . Early buyers today spiked around 4p…

Totally_Wired 30 Oct 2019

In the Media Eurasia Mining’s Dmitry Suschov discusses ‘strategic options’ for its mining assets Eurasia Mining’s (LON:EUA) Dmitry Suschov speak to Proactive London’s Andrew Scott followingn the news they’ve engaged two banks as they consider the ‘strategic options’ for its Kola and Urals mining assets . He says VTB, an arm of Russia’s VTB Group, and CITIC, which is owned by the Chinese government have already started assessing potential plans. He says the Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an asset transaction. Proactiveinvestors UK Eurasia Mining's Dmitry Suschov discusses 'strategic options' for its mining... Eurasia Mining's (LON:EUA) Dmitry Suschov speak to Proactive London's Andrew Scott followingn the news they've engaged two banks as they consider the 'strategic options' for its Kola and Urals mining assets .

Totally_Wired 30 Oct 2019

RNS-Historic Okay, your choice.

Ripley94 30 Oct 2019

RNS-Historic Thanks …Totally_Wired. Not transparent then that would put me off .

Totally_Wired 30 Oct 2019

RNS-Historic Hi Ripley94, give the company a ring.

Ripley94 30 Oct 2019

ii Looks like i spotted this one improving on September 26th . Noted a failed limit buy back attempt November 2017. ( D can be costly ) 0.3p But looks like it fell further to 0.225p one month after Dec 2017… ( so much for saving with better broker ) Noticed the spike to 0.78p July 2018. Should of headed alert 26th September 2018 . Patience paid off here but 4 years of it !!! Not sure if i have seen a better day on day rise . Consolation of not sticking with it …i would of sold 6 days ago on the 24th i think .