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Eurasia Mining (EUA)     

aevansdj - 20 Jul 2005 16:35

Has anyone heard anything about this firm regarding newsflow?

driver - 03 Jul 2018 08:35 - 193 of 269

Excellent News.

Eurasia Mining plc (AIM: EUA)

("Eurasia" or the "Company")

Approval of Monchetundra Mine Permit by MOED

Highlights

- Ministry of Economic Development approval of the Monchetundra mine permit application

- Application now with the Ministry of Natural Resources, the governing body of Rosnedra.

- Monchetundra project contains state approved reserves and resources of about 2 million ounces PGM with a Palladium:Platinum ratio of 2:1 and an in-situ value of approximately US$2bn (a calculation based on London Metal Exchange January 2018 spot metal prices. See announcements dated 31 May 2017 and 02 February 2018)

http://www.moneyam.com/action/news/showArticle?id=6036417

banjomick - 03 Jul 2018 09:38 - 194 of 269

Very positive news.

cynic - 03 Jul 2018 11:01 - 195 of 269

market says BS and sp is currently down 6.5% at a joke 0.42p (mid)

banjomick - 03 Jul 2018 13:58 - 196 of 269

Best to ignore or indeed take advantage of 'the market' if you are a longer term investor, imo of course!

cynic - 03 Jul 2018 14:11 - 197 of 269

from what i have seen, it's best to ignore your stream of hype on this and a zillion other micro-minnows

banjomick - 03 Jul 2018 14:16 - 198 of 269

lol, probably correct there!

driver - 03 Jul 2018 21:15 - 199 of 269

Cynic

You need to know the history, (research) there is a overhang, no problem, EUA will have a possible £2m profit this season and £4m next just from WK. Check the M/cap Now is the time to buy. But I know you won’t but that’s your loss.

driver - 04 Jul 2018 07:39 - 200 of 269

Eurasia’s Monchetundra mining permit in ‘final stages’

http://m.miningweekly.com/article/eurasias-monchetundra-mining-permit-in-final-stages-2018-07-03/rep_id:3861

cynic - 04 Jul 2018 08:21 - 201 of 269

as you were saying 2+ years ago

driver - 04 Jul 2018 18:18 - 202 of 269

Interview with Dmitry Suschov.

https://youtu.be/zEhGT8cGj8I

cynic - 10 Jul 2018 16:53 - 203 of 269

yummy, yummy ...... what a real tasty little number .......

Chart.aspx?Provider=EODIntra&Code=EUA&Si

driver - 11 Jul 2018 08:20 - 204 of 269

Excellent News. One last step then boom.

MNR approval of Monchetundra Mine permit application

http://www.moneyam.com/action/news/showArticle?id=6047281

driver - 11 Jul 2018 08:22 - 205 of 269

Highlights

· Ministry of Natural Resources, the parent organisation to Rosnedra, the federal subsoil licensing agency, has approved the mine permit application for the Monchetundra Project
· Mine permit now with the office of the Prime Minister for final approval
· Final notice of the approval of the Mining permit application, should approval be given, may be given publicly and without prior notice to the company or its representatives.

driver - 11 Jul 2018 17:12 - 206 of 269

First Equity

Eurasia Mining Reach Final in Russia.

Along with the England football team, another team that has been making swift progress in Russia over the last month, but received significantly less newspaper column inches and tweets is Eurasia Mining (EUA.L), who this morning announced it had received approval from the Ministry of Natural Resources (MNR) for a mining permit at its platinum group metals project Monchetundra. This follows soon after the securing of approvals from the Ministry of Economic Development (MOED) on 3rd July, along with federal agencies, the Federal Securities Board (FSB) and the Ministry of Defence (MOD) on 13th June. The last stage of the approval process at Monchetundra, will be for the office of Prime Minister Dmitry Medvedev to give final authorisation, which may be published on a government website, prior to Eurasia being notified.

Comment & Recommendation

The final stage of the permitting process requiring the signature of the Russian Prime Minister, which amounts to what we believe is just a rubber stamping operation, should be considerably easier than the job facing Gareth Southgate's team tonight in Moscow.

With the approval process complete, Eurasia can then progress with its timeline to development at Monchetundra, by completing discussions with third-party service providers, with a view to replicating the contract mining arrangement it has already in place at its other mining operation at West Kytlim. Full production at Monchetundra could commence in Q4 of 2020. The Engineering, Procurement, Construction and Finance agreement already in place with Chinese state owned infrastructure group Sinosteel provides Eurasia with a considerable head start in its preparations.

Given the progress being made at Monchetundra, and evident economic viability of the project with the open pit location of the deposits and significant two million ounce palladium equivalent resource, existing cash flow production from West Kytlim, and unjustified country risk premium being applied to the shares by the market, we recommend Eurasia Mining as a 'Buy'.

https://mailchi.mp/826d2d709da0/eurasia-mining-eual-reach-final-in-russia-342943

driver - 12 Jul 2018 14:48 - 207 of 269


Up 38% today, just waiting for Prime Minister Dmitry Medvedev to give final authorisation, which may be published on a government website.

Then we will see the back of the 1p for starters.

driver - 16 Jul 2018 18:27 - 208 of 269

Another good volume day 21% up, good start to the week should see 1p this week.

banjomick - 17 Jul 2018 08:49 - 209 of 269

Yep, looking very good for a 'micro-minnow' re cynic :-)

cynic - 17 Jul 2018 09:16 - 210 of 269

it is indeed but i am more than happy to avoid as with UKOG and similar

driver - 17 Jul 2018 09:44 - 211 of 269

Should see over 1p before the license is signed off or more if we get WK news before that. Yesterday’s tweets and pics from EUA @ WK look very promising.

driver - 17 Jul 2018 09:46 - 212 of 269

https://mobile.twitter.com/eurasiamining
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