Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Eurasia Mining (EUA)     

aevansdj - 20 Jul 2005 16:35

Has anyone heard anything about this firm regarding newsflow?

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

banjomick - 18 Jul 2018 08:53 - 213 of 269

18 July 2018
Eurasia Mining plc (AIM: EUA)

Issue of Equity and Directors Holdings


Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, announces that it has issued 34,349,315 ordinary shares of 0.1 pence at 0.73 pence per share (the "New Shares") in settlement of invoices for various services including accrued directors fees.

***Further details via link below***

http://www.moneyam.com/action/news/showArticle?id=6056228

driver - 18 Jul 2018 12:53 - 214 of 269

Great RNS this morning directors paying themselves with shares, underlines the confidence of the future sp.

driver - 24 Jul 2018 16:31 - 215 of 269

Great RNS, should see 1.5p very soon..

Result of AGM and AGM Statement

The Company confirms the 2018 Annual General Meeting, held today the 24(th) July, all resolutions were duly approved.

Speaking at the AGM, Chairman Mr Christian Schaffalitzky said:

"Further to our recent updates, regarding mining at West Kytlim, and the mine permit application process at Monchetundra, which has moved quicker than most of us anticipated, I would like to take this opportunity to make some further statements on the Company's general position.

2018 to date has really been a great success and the we believe the Company is better positioned than it has been for some years. The appointment of Techstroy as contractor for the West Kytlim platinum and gold mine has proven to be a catalyst that has driven the project into a very successful mining season. We intend to make a further statement on West Kytlim before the end of next week, and the total production is already at or around our total estimated for the entire season, i.e. about 100kg raw platinum, and that with several months remaining in the season. Grades have also been much higher than anticipated. We estimate we are running up to a maximum of 7kg of raw platinum mine product in one day throughput. Our collaboration with Techstroy has been positive, in that both parties are comfortable with their respective roles and responsibilities, with mine progress generally, and with earnings above initial Q1 and Q2 estimates.

The Monchetundra mine permit application process has gone very well indeed, we are now 6 months on from the official submission and have reached the office of the PM. We believe this is fast by general experience. We do not have exact timing on how long the process can take from here, our experience from permitting the West Kytlim mine in just the same manner three years ago suggests we might expect signing within three weeks, so we may receive notice soon., but this cannot be guaranteed. We will provide further updates in due course.

In terms of our financial position, we believe we are much better provisioned now with our mine generating revenue, and with a working tested solution in place we have a source of ongoing revenue to fund the Company, as we pursue other projects. This was exactly our intention. Also, with our Monchetundra Project so close to fully permitted we are seeing greater interest from larger financial institutions. We have always been confident that the mining right will ultimately be issued, which is why we have proceeded with work on solutions to fund the considerable capital requirements for the projects development. Our EPC and Financing agreement with Sinosteel has been duly executed by all parties and the drawdown of necessary funds to commence developing the mine to full production of 130,000oz of PGM per year.

Indeed, assuming the mine permit is granted, the Monchetundra Mine will open a new chapter in the Company's history. It is our intention to transform the Company in readiness for full scale mining at Monchetundra which will certainly require filling out the board from what is currently a minimum but cost-effective crew. It is our intention to add mine engineering experience and possibly additional financial experience, ideally with exposure to far eastern markets which we increasingly see as a commercial focus for our operations and a real growth area for commercial transactions in the PGM space. We have proven our ability to make exploration discoveries, fund the exploration process, see the project through the mine permitting process with Russian state approved reserves, and then lastly see the project through to production and it is our aim to repeat the West Kytlim model with the much larger Monchetundra Project.

http://www.moneyam.com/action/news/showArticle?id=6064562

banjomick - 01 Aug 2018 09:39 - 217 of 269

01 August 2018
Eurasia Mining plc (AIM: EUA)

Early Settlement of Loan Through Equity Conversion

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, is pleased to announce it has received a conversion notice from Sanderson Capital Partners ("SCP"), regarding the outstanding amount of £250,000 which was due for repayment in September of this year.


As per the agreement entered into in May 2017 (See RNS dated 19 May 2017) SCP could at its choosing convert all or part of the principal amount into ordinary shares in the Company's share capital at an agreed fixed price of 0.475p per share (reflecting the share price at the time of the agreement in H1 2017). SCP has notified the Company that it has elected to utilise this option and accordingly the Company has today issued 52,631,579 new ordinary shares ('The New Shares'). SCP has voluntarily agreed an orderly disposal agreement and intend to remain a supportive shareholder in Eurasia.

An application will be made for the New Shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 6 August 2018. This concludes the loan agreement between the parties and repays in full all applicable principal and interest.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will then be 2,117,516,768 ordinary shares and consequently the total number of voting rights in the Company will be 2,117,516,768. 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 the share capital of the Company under the Disclosure and Transparency Rules.



Christian Schaffalitzky commented ' We are pleased to fulfil our obligations under this loan agreement and thank SCP for the support they have shown the company over the past number of years. We welcome their continued participation as a supportive shareholder in our future prospects as we continue to produce at the West Kytlim Mine, and bring our Monchetundra Project towards production.'

http://www.moneyam.com/action/news/showArticle?id=6074774
Register now or login to post to this thread.