Eurasia Mining Live Discussion

Ripley94 30 Oct 2019

ii EUA… XXXXX Not sure now if it was this second one a day later on 29th October that i glimpsed this morning . … Vast Resources Our report yesterday against Eurasia Mining (LSE:EUA) provoked a “bloody 'ell” moment in the office. We didn’t expect an 67%-plus rise the next day. Importantly, the price has not yet reached 1.94p, the best achieved being 1.92p and, thus, the initial target has not been exceeded (yet). If it goes nuts again, we shall revisit the share. As for Vast Resources (LSE:VAST), are we expecting similar behaviour? Here’s why Eurasia Mining’s shares look interesting Presently at 0.3p, the share needs trade above 0.39p to give sufficient ammunition to a calculation which projects a useless movement to 0.46p. All kidding aside, the really important stuff starts to happen if 0.46p bettered as our secondary computes at 0.59p. Visually, this projects the share into “game changing” territory as realistically 0.93p looks capable of presenting a longer term (or the next day!) attraction. It’s certainly a complicated share, but worth remembering you are playing with fire. The chart suggests since September, something has been happening to shatter the calm of 2019’s lack of price movement, so perhaps it’s worth keeping an eye open in the week ahead. The price would require slippage below 0.2p to justify hysterics as we cannot calculate any sort of bottom number. Will it ever recover to its historical highs of 30p? We suspect only, if it lives up to its name and discovers some Vast Resources… 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. AIM & Small Cap SharesTechnical AnalysisShare Tips & Trading Ideas Editor’s picks interactive investor winter portfolios return for Season 6 Stockwatch: A near double-digit yield that might just hold BP shares struggle, but dividend still a priority Chart of the week: History says these shares have bottomed We just bought this UK fund, but cut back on old faithfuls The Week Ahead: Lloyds Bank, BT, BP, Shell, Next, Glaxo ‘No quick fix’ for Woodford Patient Capital, analysts warn The Woodford AIM shares patient investors

Ripley94 30 Oct 2019

RNS-Historic Thankyou Totally_Wired for posting that info. Sorry if i am missing things but i can not see anywhere what the exercise price was or the date they expired id be great-full if you could inform me .

Ripley94 30 Oct 2019

ii Here’s why Eurasia Mining’s shares look interesting by Alistair Strang from Trends and Targets | 28th October 2019 09:11 There’s no indication of a return to the glory days, but our chartist believes there is some potential. Eurasia Mining (LSE:EUA) This open cast miner, operating in the Urals, has been making some interesting share price movements recently. While there’s absolutely nothing indicating a return to the glory days, some fairly interesting potentials show for the near to mid-term future. Visually, it appears the 2p level shall prove fairly key to indicate any level of realistic recovery. At present, the share price is regarded as heading to 1.52p. In the event of it trading above such a level, continued growth to 1.94p calculates as very possible. On the chart, we’ve painted a purple line which dates back to 2008. The share price has made repeated attempts at the 2p level and now, only with closure at (or above) 1.94p shall we dare express confidence in the direction of 2.5p. There’s something quite off about the 2.5p mark. Unusually, we can calculate the potential of a third level target up at 3.5p. Just a glance at historical movements highlights a further glass ceiling awaits at the 3.5p mark. We sometimes speculate these points of hesitation are caused, simply due to a share price meeting a level it used to trade at and a bunch of folk dumping their holding, just to get some money back, the dreaded “bail at break even” crowd. If it’s all going to go wrong, the price requires to weaken below 0.8p to justify a panic. Such a trigger could easily witness a return down to 0.3p. For now, we’re a little optimistic. 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. AIM & Small Cap SharesTechnical AnalysisShare Tips & Trading Ideas

Totally_Wired 29 Oct 2019

In the Media So, interview to be aired tomorrow morning: strong text"Andrew Scott @AndrewScottTV· 1h A late finish - just out of the studio. Rest assured video has been recorded ( for those of you who keep asking ! ) Is being looked over tonight by the #EUA team and hopefully will be out in the morning "

Totally_Wired 29 Oct 2019

RNS-Historic 29 October 2019 16:22 Eurasia Mining plc 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 27,066,666 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 £162,400.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 4 November 2019 (“Admission”). 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 2,547,872,196 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, commented: “With the warrants already exercised by today and the cash coming from the refinery in instalments on schedule, the Directors are continuing to keep their Dividend policy under review”.

Totally_Wired 29 Oct 2019

In the Media From yesterday and looks like Andrew Scott from Proactive Investors will be interviewing ‘the team’ sometime today: “Andrew Scott @AndrewScottTV · 19h #EUA Looking like I’ll have opportunity to sit down with the team tomorrow from @eurasiamining for a chat on recent big developments … plenty for us to talk through !” [link]

Totally_Wired 28 Oct 2019

RNS-Historic 28 October 2019 Eurasia Mining plc 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 16,999,997 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 £102,000.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 1 November 2019 (“Admission”). 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 2,520,805,530 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 commented ‘We note the recent share price increase, which has encouraged further exercises by warrant holders, further strengthening the Company’s cash position, which will help us to further scale up production at our West Kytlim Mine.’ [link]

Totally_Wired 28 Oct 2019

In the Media Eco Atlantic Oil & Gas, Safestay and Eurasia Mining lexei Churakov, Strategic Advisor to the Board Of Eurasia Mining (EUA) ** ** discusses their recent news and plans going forward. 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. (Interview starts at 23 minutes 55 seconds) [link] Also Eurasia Mining on twitter: [link]

Totally_Wired 28 Oct 2019

In the Media Eurasia’s fourfold share price increase across two days shows the truth in the old adage that cash is king Alastair Ford 13:15 Mon 28 Oct 2019 Eurasia Mining’s shares are enjoying a sudden resurgence You can almost count the number of junior mining companies that have been able to make a success of mining in Russia on one hand. There’s Amur Minerals, which has admittedly taken a very long road. There’s Azarga Metals (CVE:AZR), which is working up a silver project in Russia’s Far East. And there’s Eurasia Mining PLC (LON:EUA), which has established a successful alluvial platinum mining operation at West Kytlim in the Urals. At one time or another all of these companies have grabbed headlines as they negotiate the sometimes complex Russian licensing system and do their level best to assuage the nerves of investors chary about political risk. It’s arguable, though, that Eurasia has been the most successful, given that it’s track record of platinum group metals production at West Kytlim can now be measured in years rather than months and, more to the point, that it’s actually making money. True, it’s still a relatively small company, with a market capitalisation just shy of £46mln. But, as the jump in its share price over the past two days shows, investors are now beginning to wake up to its potential. First off was Friday’s surge, which took the shares back over the 1p mark to a three year high of 1.065p. It was prompted in part by the decisions of holders of £85,000 worth of warrants to pony up and take the shares the warrants offered. In turn, the company was also prompted into making additional statements about its cash situation. Put simply, it’s got enough. That may not sound like a big deal to investors not well versed in the mining scene. But anyone who’s been through the hardships of the prolonged bear market that we’ve been in for years now knows well enough that for a junior company, especially one that’s still only beginning to edge away from its “explorer” tag, such a statement is like gold. But, because the announcement on Friday came quite late in the day, the market didn’t have time fully to digest the news. So, come Monday, the shares soared by another 68% to 1.79p, putting Eurasia’s shares well above their previous five-year best, up by more than four times in the space of two days. The Eurasia statement talked about ongoing cashflow and a recent boost to margins at West Kytlim being enough to fund the company’s ongoing expansion plans. But the key phrase was related to dilution. “Eurasia is not planning any new share placings in the foreseeable future,” the company said in its statement on Friday. That information ensures that investors know that when they buy a share it will represent a full share, at least for a good while yet, and not just the ability to participate in a not-yet-fully funded vehicle, whose capital structure is liable to change. Dilution is the bugbear of investors at the junior end of the mining market, although there’s also no getting away from it either, as equity finance is the principle way of funding exploration, bar none. But although it still has development assets elsewhere, Eurasia is no longer simply an explorer. Friday’s statement and the exercising of the warrants confirmed that, and proved once again that given the right story there’s life in this old market yet. [link]

Totally_Wired 28 Oct 2019

In the Media Cashflow from Russian operations and exercise of warrants puts Eurasia Mining in “a strong financial position” Alastair Ford 08:25 Mon 28 Oct 2019 Eurasia Mining is building up an impressive track record of production in Russia Eurasia Mining PLC (LON:EUA), the established producer of palladium, platinum, iridium, rhodium and gold in Russia, has received notification from warrant holders to exercise warrants over 16,053,612 shares of 0.1p. The consideration for the exercise of the warrant shares amounts, in aggregate, to a cash value of £85,000. Furthermore, cash payments from the refinery, for sale of metal from the operating West Kytlim mine for PGM already delivered, are due before year end. The payments for platinum will include a final payment for other metals namely palladium, iridium, rhodium and gold. In this regard Eurasia is not planning any new share placings in the foreseeable future. "With the recent share price increase a number of shareholders have indicated they wish to exercise their warrants and hold these shares long term,” said Eurasia chairman Christian Schaffalitzky. “We are grateful to them and likewise the directors have indicated they are holding their 22% in the company on a long-term basis. As the company prepares for a significant increase in production at the West Kytlim mine next year, the funds from our operations and from the warrants will be used to prepare for mining at the second site and to upgrade our wholly owned equipment, now that we are no longer using a sub-contractor and enjoy 100% of the margin, as opposed to 30-35% previously. We, the directors, therefore believe the company is in a strong financial position going forward". [link]

Totally_Wired 28 Oct 2019

RNS-Historic Hi Ripley94, no but should be easy enough to find out from the EUA website.

Ripley94 28 Oct 2019

RNS-Historic Hi Totaly_Wired. Do you know when the warrants were due to expire ?

Ripley94 28 Oct 2019

ii EUA… XXXX Again top riser up 30% only 2% spread … News was warrants being excised … i would think a downward pressure on shares . Exercise of Warrants & Trading Update Eurasia Mining PLC, the established producer of palladium, platinum, iridium, rhodium and gold in Russia, has received notification from warrant holders to exercise warrants over 16,053,612 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 £85,000.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 31 October 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue. Furthermore, cash payments from the refinery, for sale of metal from the operating West Kytlim mine for PGM already delivered, are due before year end. The payments for platinum will include a final payment for other metals namely palladium, iridium, rhodium and gold. In this regard Eurasia is not planning any new share placings in the foreseeable future. Commenting on the exercise, Christian Schaffalitzky, Chairman, added: “With the recent share price increase a number of shareholders have indicated they wish to exercise their warrants and hold these shares long term. We are grateful to them and likewise the Directors have indicated they are holding their 22% in the Company on a long-term basis. As the Company prepares for a significant increase in production at the West Kytlim mine next year, the funds from our operations and from the warrants will be used to prepare for mining at the second site and to upgrade our wholly owned equipment, now that we are no longer using a sub-contractor and enjoy 100% of the margin as opposed to 30-35% previously. We, the Directors, therefore believe the Company is in a strong financial position going forward”. Total voting rights The Company’s total issued share capital upon Admission will be 2,503,805,533 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 25 Oct 2019

RNS-Historic 25 October 2019 Eurasia Mining plc Exercise of Warrants & Trading Update Eurasia Mining PLC, the established producer of palladium, platinum, iridium, rhodium and gold in Russia, has received notification from warrant holders to exercise warrants over 16,053,612 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 £85,000.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 31 October 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue. Furthermore, cash payments from the refinery, for sale of metal from the operating West Kytlim mine for PGM already delivered, are due before year end. The payments for platinum will include a final payment for other metals namely palladium, iridium, rhodium and gold. In this regard Eurasia is not planning any new share placings in the foreseeable future. Commenting on the exercise, Christian Schaffalitzky, Chairman, added: “With the recent share price increase a number of shareholders have indicated they wish to exercise their warrants and hold these shares long term. We are grateful to them and likewise the Directors have indicated they are holding their 22% in the Company on a long-term basis. As the Company prepares for a significant increase in production at the West Kytlim mine next year, the funds from our operations and from the warrants will be used to prepare for mining at the second site and to upgrade our wholly owned equipment, now that we are no longer using a sub-contractor and enjoy 100% of the margin as opposed to 30-35% previously. We, the Directors, therefore believe the Company is in a strong financial position going forward”. Total voting rights The Company’s total issued share capital upon Admission will be 2,503,805,533 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 25 Oct 2019

In the Media Eurasia Mining’s move to consider strategic options around its assets 'well-timed’ Andrew Scott 09:26 Fri 25 Oct 2019 Mining Capital’s Alastair Ford discusses the decision this week by Eurasia Mining PLC (LON:EUA) to consider the ‘strategic options’ for its Kola and Urals mining assets . EUA says two investment banks, VTB, an arm of Russia’s VTB Group, and CITIC, which is owned by the Chinese government, started assessing the plans even before signing their respective engagement letters. [link]