Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
https://twitter.com/r1exg/status/1458538576627605512?s=21
Originals… Roger, time to get some rest.
Hi Caw!
That was the Northern Palladium’s second application in the area of Volchetundra. They applied for two areas IIRC. The first being satisfied, the second being returned which as subsequently now been approved. 10 years away from mining (Volche). So company allowed this to be acquired by other company to allow for greater resources to concentrate on the acquisition of more lucrative areas such as Nyud and POAZ!
Mr GMF has great connections. Was issued earlier today evidence that Monchetundra was drilled through 2020 ‘round the clock’… JORC upgrade or perhaps in situ sampling for potential buyers? Document validated by Rosnedra.
Give it a few weeks and they're be hammering that new zone. They have substantially upped resources and infrastructure and personnel at WK. Constantly recruiting and workforce doubled, 40+ IIRC. I do wonder when they will start to move south west to Tylai Levy. Load of approved reserves down there which haven't been worked yet! Big clearing already in place. Would suggest this could be 2022 target but with year round mining in place, could be targeting that zone in the short term... Also, keep an eye out for potentially third washplant, with the amount of earth thats being stripped, sooner the better, really up the volume of processing.
Also, with the WK Flanks exploration licence in the cusp of approval, coupled with Typil, could also see some substantial exploration soon to commence. I know Rosnedra have been overwhelmed of late with a substantial audit of licenses.
CAW! No no please take the reigns lol I don’t care who provides the update! Yes! That clearing is massive. The DFS has been pivotal in the increase of both personell, infrastructure and general footprint operations at WK. Thanks for covering, was a it slack today for personal reasons but just glad we have the clear shot showing extent!
https://twitter.com/R1EXG/status/1416117774561251344?s=20
The clearing is absolutely massive. Apologies for lateness in providing update, been one of those days..
Big Transition for MT.
Previously headed by an expert exploration geologist, now lead by expert in mining mobilisation and open pit operations (major). This chaps CV is very impressive (for those who have managed to find it). Whether or not this appointment comes from potential MT buyer, who knows but without a doubt, Monchetundra (Lopishnune & West Nittis) has just taken a massive stride towards production.
Revoke licenses? Yeah, that’s likely to happen with the state funding substantial exploration just outside of the companies 5km exclusivity zone.... Monty knows that lol.
Actually, never in Russian Mining history has a license been revoked for...... Dust... But of course.. MontyBox knows that lol.
But what MontyBoz doesn’t know, is how, where and when to use stop losses. Meet my friend Rayner:
www_. tradingwithrayner.com/stop-loss-order/
It’s a shame you never gave the telegram group a try. Again, no disrespect to LSE but the conversations but I advise people to join. The group is circa 1300 strong and there’s a wealth of knowledge on there. We have many industry experts also in the group that actually can explain the very commonly seen (but never explained) infamous copy / pastes many of you have had to put up with. Lots of ongoing research there also which is openly shared. Everyone is welcome, even Monty, building sand did come up in discussion once, so we all have a voice and welcome any contributions.
A PERFECT EXAMPLE OF UN-RESEARCHED FROM THIS 'starbuck'....
It doesn't take much research into Russian Mining Laws to establish why resource figures have not been quoted. This isn't due to lack of, it's because the amount has clearly passed a threshold well in excess of the 2m.oz mark.
All discussed in the telegram group.
There's no issues, just two researched chaps 'rubbing' horns a little on a subject.
I'm sure it makes a change fro mthe usual nonsense you lot have to deal with on here...
Was just speaking to someone the other day about TDT and his 'Boozy Suzie' / My wife checks all my messages before I post 'gate'... What a guy...
Lots of Nickel..
Please find me the license number for these mines.
Going back to my original point which seems to be the subject of all these discussions; what other 'operating' mining licenses are exclusively for platanoids?
Again.
For clarity. A link to show the various mining licenses (operational) on the Russian Federation Subsoil use map for Murmansk. One based on 'platanoid' licenses, one inclusive of all mineral / mineable resources.
https://twitter.com/R1EXG/status/1347103883915620354?s=20