Has anyone heard anything about this firm regarding newsflow?

20 November 2018
Eurasia Mining plc (AIM: EUA)

Final Approval Received for Monchetundra Mine

Eurasia Mining plc (AIM: EUA), the PGM and gold producing company, is delighted to announce that the office of the Prime Minister of the Russian Federation has approved the issue of a mining permit at the Monchetundra PGM and base metals project.

The Monchetundra project comprises 1.9 million ounces of palladium-led reserves and resources with platinum, gold, copper and nickel with a gross in-situ value of $2.11 billion, as detailed in the RNS announcements dated 21 May 2017 and 02 February 2018. A contract for engineering, procurement and construction and financing is in place with Sinosteel for the development of the mine. This announcement, made public through official government channels earlier today, 20 November 2018, concludes the extensive permit application process. The formal procedure involves the issue of the licence together with details of the advance royalty payment, to follow shortly.

Speaking after the announcement, Christian Schaffalitzky, Chairman said: " we are very happy that our work on obtaining this licence, which began more than ten years ago, has finally been completed. We are also pleased that the Company is debt-free as it prepares to develop Monchetundra. A more detailed announcement will follow in due course with the details of the licence and an update on the project."

fireworks tomoro... 3p easy

i was lucky...bought back in today around 0.55p

TOMORROW WILL BE A MEGA FRENZY. WATCH EARLY TRADING! COULD WE SEE 500%+? DYOR BUT I THINK WE MIGHT!

Looking at a lot of price action today, easy a future 10 bag plus from here, after yesterday's RNS.

when shall we see mega frenzy. By tomorrow I think we will be on .005

A finish of 1p+ would be great for today!

with a spread of nearly 10% (0.07p), i'ld have thought it very difficult to make much on this and similar stocks, but very easy to lose quite a bit

That is a very cynical viewpoint! :-)

An increase (albeit small) on yesterday's gains is a big positive!

in case you hadn't noticed, the markets were strongly up across the board

cynic
In case you hadn't noticed, there was some profit taking from the previous day when it was 65% up. and a 3 bagger when I told you to buy in, your not to late this is a multi bagger in the making..

fill your boots then, and i hope it's not cement powder

Eurasia Mining Plc hails final approval for Monchetundra mine (video)
08:45 22 Nov 2018

Christian Schaffalitzky, chairman of Eurasia Mining plc (LON:EUA), caught up with Proactive London after announcing that the extensive permit application process for the Monchetundra PGM and base metals project has now concluded.
The development ends the formal procedure and involves the issue of the licence together with details of the advance royalty payment, which will follow shortly.

https://www.proactiveinvestors.co.uk/companies/stocktube/11283/eurasia-mining-plc-hails-final-approval-for-monchetundra-mine-11283.html

B Mick

Cheers, was just going to post that, looking very good now completely derisked. If I wasn’t fully loaded I would be adding big time, MT isn’t even priced in till we get passed 1.5p looking at 6p then on to 12p with a divvy unless we get taken out.

driver, there is also a 'One2One Investor Forum' event tonight in Dublin where EUA (Christian Schaffalitzky) are taking part:

https://twitter.com/eurasiamining

https://www.proactiveinvestors.co.uk/register/event_details/170

This Metal Just Hit a Record. Here's Why Palladium Is Soaring


https://www.bloomberg.com/news/articles/2018-10-23/this-metal-just-hit-a-record-here-s-why-palladium-is-soaring?srnd=premium-europe

https://www.rt.com/business/444768-palladium-more-valuable-gold/

Eurasia Mining PLC

Turner Pope Investor Evening



Eurasia Mining PLC (AIM: EUA.L), the PGM and gold producing company is pleased to announce that Keith Byrne will be presenting at an investor evening hosted by Turner Pope Investments (TPI) Ltd, on Monday 10th December. The event will be held in London, W1 and will commence at 5pm.


To register your interest, please email info@turnerpope.com or call on 0203 621 4124.

https://www.moneyam.com/action/news/showArticle?id=6229689

05 December 2018
Eurasia Mining plc (AIM: EUA)

Monchetundra Mine Permit - further steps following permit award

Following the Company's announcement dated 20 November 2018 made on the final award of a mining permit for the Monchetundra PGM and base metals mine, Eurasia Mining plc (AIM: EUA), the PGM and gold producing company, is pleased to offer further details of the now fully approved mine permit and the administrative steps following the final award which bring the matter to a successful conclusion.

The mine permit was awarded by government decree made public on 20 November 2018 (see RNS dated 20 November 2018). The mining permit is granted based on a previously issued discovery certificate and fully authorises mine construction at the circa 2Moz Pd equivalent state-approved reserve and resource (1.9Moz palladium dominant 2PGE as palladium, platinum and gold) with significant additional nickel and copper revenue streams. The Monchetundra Project is located adjacent to the town of Monchegorsk, 130km south of Murmansk on the Kola Peninsula, bordering Finland in Northwest Russia.

Highlights

· Mine permit now fully approved and authorised by the office of prime Minister Dmitry Medvedev.

· The Company has conducted telephone communication with RosNedra, the Russian Federal agency responsible for mining, confirming that an order to issue the license documentation has been forwarded by the Ministry of Natural Resources to RosNedra and that an official document detailing the permit will be forthcoming, in accordance with standard procedure.

· The one-time license payment will also be confirmed to the Company. Payment terms are set out on a 20/80 basis, ie 20% initially and 80% within the first 5 years of mine production.

· The Monchetundra Project, with an in-situ total reserve and resource value of approximately US$2.1 billion (an internal calculation based on London Metal Exchange November 2018 spot metal prices, and prepared for guidance only) is now licensed to mine and can continue to the construction phase.

· As previously announced, an Engineering Procurement Construction & Financing ("EPCF") contract is already in place with the Chinese state-owned major infrastructure project group Sinosteel, for 85% (or US$149.6M) of a total contract value of US$176M.

· A US$50M sub-contract is specified within the contract and is assigned to Eurasia's 80% subsidiary Terskaya Gornaya Kompany ("TGK"), or a sub-contractor of its choosing, for engineering and pit development works in advance of mining.

· The mining license is the first hard rock PGM mining permit to be issued in the Russian Federation since February 2016.

· The 1.9M oz Pd eq (with a 3:1 Pd:Pt ratio in favour of palladium based on production) reserve and resource with base metals credits are now permitted for extraction at two open pit locations, West Nittis and Loipishnune (for further details see announcement dated 31 May 2017).


Christian Schaffalitzky, Managing Director and Executive Chairman for Eurasia, commented: "We are thrilled and honoured to have received the final permission required to proceed and build a mine at our Monchetundra PGM and base metals project. This permission and indeed recent milestones achieved by Eurasia with the Monchetundra Project are the culmination of many years of hard work and conviction to pursue a PGM project in an emerging PGM district and we are extremely thankful to the cooperation we have received at local and federal level in the jurisdiction we have chosen to operate in.

This is the start of a new chapter for the Company and its ambitions. Our commercial arrangements regarding the Monchetundra Project development can now be realised at this large low cost PGM and base metals project. The Company would like to thank the officials in all of the relevant ministries who have accessed the projects viability. The issue of this mining permit represents a sea change for the company, as this is a major project which the company intends to develop alongside our West Kytlim PGM and gold mine, which achieved steady state industrial scale production during 2018.

It is also significant that very few mine permits are issued for PGM projects, reflecting the lack of investment in this sector, something that we the Directors feel makes this project particularly valuable. The vast majority of permits issued in Russia are for gold projects, and it is also quite rare in the current phase of the resources cycle to find an exploration company taking a project all the way from green fields exploration through mine permitting. Now we progress onto mine development and production, at Eurasia's second mining license, based on its own discoveries, issued in less than three years.

As regards funding requirements, our arrangements with Sinosteel mean the Company can move forward with the project's development without recourse to further dilution of its shareholder base.

Finally, we note the recent price gains in Palladium to an all-time high in November 2018 ($1,219USD/oz at the time of writing (LBMA Prices)) as being particularly beneficial to the project.

It is our intention to offer specific timelines and objectives for the projects development through 2019 in due course."



Overview and more via link below

https://www.moneyam.com/action/news/showArticle?id=6232225

Looking very good now with Pall at a all time high and no more dilution theres only one way this is going.


As regards funding requirements, our arrangements with Sinosteel mean the Company can move forward with the project's development without recourse to further dilution of its shareholder base.

Finally, we note the recent price gains in Palladiuhm to an all-time high in November 2018 ($1,219USD/oz at the time of writing (LBMA Prices)) as being particularly beneficial to the project.

Markets
Gold Gets Leapfrogged as Palladium Extends Rally to Record Again

https://www.bloomberg.com/news/articles/2018-12-05/palladium-tops-gold-after-rally-driven-by-surge-in-global-demand