Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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HOOCHY......the man who couldn't find the CAPLOCK KEY ON HIS LAPTOP
Not one to get high on hopium but this reminds me of some dude predicting £20/share and vanishing thereafter...no not Rowka. Fastest way to become a millionaire apparently. Bless him.
Eurasia Japan set up, then a proposal from a Credible Party which was sufficient to end the FSP, a coincidence, I personally don't think so.
Obviously discounting Rosgeo' overseas projects, due to Eurasia only operating on Russian soil
My understanding is that Rosgeo are Russian state owned and therefore a 'merger' with them involved couldn't happen.
It seems to me as though Rosgeoi like to oversee and joint venture projects on Russian soil.
Could Eurasia, YGK and TGK and Rosgeo all merge into one new company to rival Bushveld.
Really Aspenwood, why is that? Maybe a play on ‘party’?
A Credible Party as stated by the RNS, seems to refer to a Consortium rather than a single company, so a Consortium consisting of whom.
Hope it's not a Russian inside job!!
No doubt Mac4671 will know....
Bezos. Musk. Roman Abramovic. Japan Consortium. We’ve had some guesses over the years.
Still non the wiser as to who the possible buyer of at least 75% of eua assets are!!
Any ideas anyone??
Most already existed its standard and fine. The new ones are to transfer the rosgeo licences too with 75 to 25pc ratiountil they are jorc compliant then it can be 100 if we choose.
Usually the subsiduary is own by the holding company.
So where does the value lie.
With EUA or the subsidiary ?
Sorry for asking stupid questions but whats YGK exactly
So each subsiduary company could negotiate a sale separately.
Maybe so they can sell shares to investors in each company ...?
Why so many new companies being created to hold licenses ?
The following statement is from 26 Jul 2021 RNS.
"As further announced on 15 June 2021, Monchegorskoe LLC was created to hold the licence for the Nyud open pit PGM and battery metals deposit ("Nyud"). Eurasia's 100% YGK has signed a notarised agreement with Rosgeo Group company pursuant to which YGK will become a 75% shareholder in Monchegorskoe LLC after the licence for Nyud is transferred from Rosgeo to Monchegorskoe LLC. Eurasia, through YGK, will also have a right to acquire Rosego's 25% shareholding in Monchegorskoe LLC upon the completion of a JORC Code compliant competent persons report on Nyud."
I have a question.
If the company progresses all nine pits from the JV, will they hold the licences in the same subsidiary (Monchegorskoe LLC) or is it likely to be one or more licence per newly created subsidiary?
Thanks in advance for any answers.
Now that one subsidiary has been created one would think that the JV licences could be dealt with fairly quickly.
A bonus question. Does anyone know how long it takes for the licences to appear in the subsidiary? Is it down to the speed of the authorities?
Thank Sharegar.
Yep, it was just strange that the Proactive article said CEO of Terskaya ( which holds the licences for MT and flanks …I would assume they had missed the word Interim from their article……but either way it’s obvious that MT flanks will go reading everything from the past few months.
I would imagine that he is only the interim CEO as it's MT and the flanks that will be sold and he will oversee the sale and the rest of the board are concentrating on the JV moving forward with EUA2.
Thanks for clarifying ….
CEO of Rosgeo JV asset subsidiary, interim CEO of the MT and flanks subsidiary. They're 2 different companies controlling different assets under Eurasia.
GLA
Is he Interim CEO…or CEO..difference between Proactive report and RNS….apologies if I’m missing something or this has already been noticed. Maybe only minor and of no relevance.
Konstantin Firstov, former Managing Director of Rosgeo has been appointed as chief executive of the 100% subsidiary Yuksporskaya Mining Company, and as chief executive of the 80% subsidiary Terskaya Mining Company.