We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
They get lost quite fast in the noise these days tbh FoxySteel, but thanks.
Nothing has changed, and all things considered, with the wider market turbulence it hasn't done bad today imho. We're still a long way up from that high teen range we were at not long ago, and the MM's really do use any opportunity they can get for a shake, so today isn't much of a surprise tbh.
Every day is a day closer, didn't someone say that tomorrow will be day 120 in the FSP, an area where a lot of other M&A deals have landed?
GLA
Possibly even more than that
ok a few more for me
Bump.. .. way more interesting than the nonsense of today.
Thanks Mac
Exploration is just what they're all about, Alexei Boucher's favourite twitter hash tag is #exploremore -
"Exploration Manager of Eurasia Mining PLC Alexei Boucher visited our office today in order to discuss a joint project with our company. We can’t share the details yet, but this is going to be a complex one, involving the whole range of our tools and services. Stay tuned for the updates!
#eurasiamining #inertialsensing #limgroup #xplorationproducts #absoluteprecision #aplimited #twingyro #slimgyro #corepro #acoustic #drilling #mining #engineering #surveying"
https://www.facebook.com/560442267624254/posts/1148367902165018/
GLA
I really do chuckle at the 'no one knows what is there' type of posts and comments lol.
Monchetundra is an extensively researched area -
https://academic.oup.com/petrology/article/56/12/2395/2375694
https://www.researchgate.net/publication/233906239_Age_of_the_Moncha_Tundra_Fault_Kola_Peninsula_Evidence_from_the_Sm-Nd_and_Rb-Sr_Isotopic_Systematics_of_Metamorphic_Assemblages
West Nittis at Monchetundra contains a bonanza grade area :
At MT -
Mt-086
49.0-50.1
1.1
12.28 GOLD
6.52 PLATINUM
98.8 PALLADIUM
2.13
0.15
https://www.lse.co.uk/rns/EUA/monchetundra-operations-restarted-k5qgv48x511odqt.html
"Exploration funding to the tune of $10 million is being provided by AmPlats as part of their 50% joint venture earn-in, and is deemed to be enough to cover all work until at least the end of 2008. "
https://ca.proactiveinvestors.com/companies/news/226/eurasia-mining-revisited-0188.html
GLA
Interesting post. Thanks.
Drilling data is worth its weight in palladium.
"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
"access to historic drilling data underpins 40Moz resource estimate"
Oh yes, drilling data, lots more just like this -
"Since the final approval of the Flanks licence (see RNS of 25 August 2020) the Company has been putting together the database of information from previous drilling campaigns in the Flanks area, that is considerable. 48,405m drilling (announced via RNS of 18 August 2020) is related only to one part of the Flanks License (NKT) and comes on the top of 33,100m drilled by Eurasia's Joint Venture with Anglo American Platinum. The Russian feasibility study on the NKT palladium dominant mine (within the boundaries of the Flanks License) gives 15% IRR at the palladium price of $659 per 1 oz, while the current palladium price stays above $2,000 per 1 oz due to long term structural deficit in the palladium market."
https://www.lse.co.uk/rns/EUA/interim-report-z4vq8goh3rc2usr.html
"Extensive prior drilling campaigns with c.48,000m drilled at NKT, a part of the Flanks application."
"Our predecessors also developed targets in the NKT area, and areas to the east of the Loipishnune deposit, and these work programmes in 2015-2017 resulted in pre-feasibility studies lodged with the State Cadastre of Mines in Russia."
https://www.lse.co.uk/rns/EUA/general-update-and-institutional-placing-at-225p-yh2uz9tcbjepr54.html
It's what makes things very interesting, even a PFS done on the NKT area of the flanks is a pretty huge addition to knowing what's there and if it's economic to extract.
GLA