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BUMP
Thx Mac, that makes me feel so much better! Never get tired reading this stuff over and over, it's the Eurasia Bible. Keep it going. GLA
Something tells me that i could be waiting quite some time for them to bring anything of substance to the table here. They appear to think rattling off a few lines of negative waffle counts for something, it doesn't i'm afraid.
DLA Piper + UBS bringing the big deal home.
GLA
Exciting new phase for Norilsk Nickel, a MDA participant -
https://twitter.com/NornickelGroup/status/1332336093983887362?s=20
I feel so much better now, all those rampety ramp ramps loaded and fired off. Can't wait to see the posts of sunstance from the negative, new, absolute experts on Eurasia lol
GLA
Please Sir, can i get the keys to the complex Sir........
Certainly, but there are many others interested as well, so, bring me the deal that beats the rest and we simply can't refuse.
40Moz starting block for a colossal Palladium dominant Bushveld style Complex, absolutely mouth watering -
"Scalable project - potential to create a new PGM district : 40Moz target resource in district : Well understood geology and access to historic drilling data underpins 40Moz resource estimate"
https://www.eurasiamining.co.uk/investors/presentations
The UK and EU are starting to go to war with petrols and diesels, the transition to fuel cell and battery EV's is all set to accelerate.
A large hydrogen economy requires a large amount of PGM's, and from research from many board posters here, including myself, palladium seems destined to play a crucial part in next gen batteries.
A new dawn is rising and a new demand scenario is forming.
GLA
Monchegorsk Development Agency.
It's all set up, it's ready to role, no small daily SP movement makes any difference to what is happening on the ground where the main Palladium dominant asset is.
They have a route, they have a plan, Palladium dominant Bushveld style complex?, oh yes they can -
MDA set up - Norilsk announce.
EUA board switches - shortly after announcement
DLA Piper taken on - MDA mentioned at our side
Whatever is happening it is done - The Monchegorsk Development Agency has been set up for the task.
"Finally, the Company welcomes the incorporation of the Monchegorsk Development Agency, as announced by Norilsk Nickel on 16 September 2020, established by Monchegorsk's municipal administration and Norilsk Nickel to focus on Business and Investment in the Monchegorsk area, where the Monchetundra project is located."
Shareholders of Eurasia also welcome the incorporation of the Monchegorsk Development Agency, as announced by NORILSK NICKEL on the 16 September 2020.
"The massif extending in the north westerly direction is approximately 30 km long and 2–6 km wide"
https://www.researchgate.net/publication/252268728_The_Monchetundra_Basic_Massif_of_the_Kola_region_New_geological_and_isotope_geochronological_data
"The Volchetundra massif occupies the middle part of the gabbro–anorthosite complex of the Main Range, which includes the massifs of the Chuna, Volche, Losevy and Medvezhy tundras extending in the near meridional direction (Fig. 1b). Their total extent is 75 km and a width of 1–10 km."
https://www.researchgate.net/publication/260958520_Low-sulfide_PGE_ore_in_the_Volchetundra_gabbro-anorthosite_pluton_Kola_Peninsula_Russia
Such a nice and comfortable, feet up sipping on your favourite tipple, position to be in.
PGM's as far as the eye can see, and further. Enough for more than any of our lifetimes. It's Russia's Palladium dominant goose for thriving in a global Green Revolution.
Tick tock, tick tock, tick tock. . . . .
GLA
What has happened on the ground and what is in the ground is what matters, because, well, that's what's for sale.
Time is money with banks like Citic, they've been here for a long time, so there must be plenty of money involved $$$$.
Time is a valuable thing, watch it fly by as the pendulum swings.
The BIG deals take some time to get in place. No one likes parting with multi billion dollar assets, without knowing they're going to be getting the best value from them.
"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it."
https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-75c925zx7g386wg.html
# Citic approached Eurasia Oct 2019
# Engagement letter signed
# NDA's signed & FSP started under UBS
# JUB Destroyed and added to urban dictionary
# DLA Piper taken on by Eurasia. Top of global m&a legal for TEN consecutive years.
# 27/10/20 More LSE power outages which allowed a bot raid on poor captain Tilly. Bot flies of old returned with the same twaddle of days gone by.
#29/10/20 Some traders switched from de-ramp to ramp with new accounts. Bless their quest for lower lows and higher highs!
# (02/03)/11/20 A NN transaction meeting was found online and shared. With recent NN involvement with a Monchegorsk Development Agency, and Eurasia selling the only asset available there to be instantly developed, it caused great excitement throughout Eurasia shareholder land.
# 05/11/20 Traders came out in their droves, admitting what many true shareholders already knew about their sentiment swinging posting styles.
# (11/12)/11/20 MSCI Index whispers had turned into a real development, tracker funds needing to accumulate and a grand promotion for Eurasia Mining, was wholeheartedly welcomed by all shareholders.
# 18/11/20 Posters of the 1 variety were really out in force as we approached the MSCI index listing date and promotion. Big buy orders were clearly hard to get filled, because long term holders have hands covered in super glue when it comes to their golden tickets.
# 26/11/20 The Eurasia rocket decided to make its way to a new destination. Shareholders were very excited after a long period of being held stationary, they partied hard and drank gallons of rum.
GLA
As we await the outcome of the final furlong, MSCI Index and tracking funds are taking a piece of the Culmination pie.
Culmination -
noun
1.
the highest or climactic point of something, especially as attained after a long time.
"the deal marked the culmination of years of negotiation"
"As you are aware, our Company is now in an offer period and has appointed several professional advisers including UBS on investment banking side and recently DLA Piper on the legal side to work with the Company through the sale process. This strategic decision was the culmination of many years of hard work by our team in realising the value in our projects."
https://www.lse.co.uk/rns/EUA/interim-report-z4vq8goh3rc2usr.html
CULMINATION ladies and gents.
Parties interested In MT, have been interested for years now. The company has simply taken their assets through development loopholes in order to get maximum value as a seller -
"A detailed work programme for future activities at Monchetundra has been prepared. However since then Eurasia Mining has received two approaches from third parties who have expressed an interest in acquiring outright, or acquiring an interest in, the Monchetundra licence.
The Company has therefore engaged in commercial negotiations with both parties with a view to considering and negotiating a suitable transaction that is in the interests of all parties, but specifically Eurasia shareholders. This process has recently included site visits to the project and from which positive feedback has been received."
https://www.lse.co.uk/rns/EUA/strategic-and-operational-update-7dsdelsdkxz5jen.html
It's crystallise substantial value from our Monchetundra time, ladies and gents -
"Should the Company crystallise substantial value from our Monchetundra interests it would be a highly significant achievement, however whilst discussions continue it is important to progress the asset on the ground. By securing a Discovery Certificate for the licence and by pursuing various exploration and development steps, we believe we can add significant value to our interests and increase the degree of commercial interest, for any parties wishing to engage with the project."
https://www.lse.co.uk/rns/EUA/monchetundra-operations-restarted-k5qgv48x511odqt.html
DLA Piper is the very last part of the formal side of things, the legal purchase & sales contract.
Johny come late types have absolutely no idea. Just for all the Eurasia haters lurking lol.
Tick tock, tick tock . . . . .
GLA
Nothing better to do this weekend lol
GLA