Keith.
They recorded 100+ over the past 4 months alone. Makes that 800+ catalogue even more conceivable.
Of course Pete.
There's a few on here who were saying MVR had missed the COVID boat after only two weeks into lockdown, here we are, still affected, Melody have added an additional 100 artists to their library, Livenation deal, 2 'live from' studios, mainstream news coverage, now being touted as a 'US' company, revenue stream announced, SP largely unaffected by accounts.
And they say it's going sour lol.....
Hi Pete,
Good find and completely aligns with the 'sensible heads' outlook that e-streaming will be inevitable to make up loss of revenue due to COVID. Mass attended concerts are a long way off and will easily run into 2021 IMO.
Must be noted also that this sector will not 'hotten' up with competition IMO but many of the competitors are going to be finding it very difficult to acquire the rights for many of the artists given Melody have pretty much all the licensing and rights deals with all the huge record labels...
Now stated as a 15MOz resource, no longer 2MOz?
https://twitter.com/aaroninvestor/status/1290394474032574465?s=21
Ha ha Puddin try harder.
Be mindful, we can’t be certain an application has been made (to date), evidence here suggests that studies are / have been carried out which is an obvious piece of work forming part of any mining (exploration app).
Will keep eye on the application site. May make a call and see what this company have been up to with Terskaya seeing they’re quite open in their involvement with them!
James.
Not in my opinion.
Firstly, we don't know if an application has been made. We can speculate that perhaps one is being prepared given a company is 'appraising' with Terskaya.
Terskaya previously held the Volche license so to re-activate it under a another company would encounter complications IMO.
Also, the license holder 'Terskaya' is the asset that would be sold IMO, therefore licenses would not have to be transferred, Eurasia simply surrender their 80% stake to whoever takes the asset from them. Applying for this license under Terskaya only adds further value to the MT asset sale under Terskaya.
Obviously
A Geology Appraisal firm marketing their involvement and live project at Volchetundra with Terskaya.
So, fair to assume they (Eurasia) are actively working at regaining the Volchetundra license... All IMO but this is a huge clue.
https://twitter.com/R1EXG/status/1290312857092055040?s=20
https://polpred.com
/?ns=1&ns_id=3269550&searchtext=Eurasia%20Mining
"Another producer of platinum group metals, Eurasia Mining, operates in the Monchetundra fields on the Kola Peninsula and West Kytlym in the Urals. Monchetundra's reserves are estimated at 60 ton platinum and palladium, with a projected production level of 4 tonns per year. Aleksey Churakov, a consultant in strategy for the board of directors of Eurasia Mining, told the journal yu that the palladium price is about $2.3 thousand. the company's EBITDA will reach $250mn after production is released at full capacity. "The rise in the price of palladium and other platinum group metals has already had a very positive impact on the company's capitalisation, which has grown five-fold in 2019 and is now worth more than $140mn," he said. In his opinion, given the resource base of the company (including on the flanks of licenses) in the amount of more than 15 million ounces in palladium equivalent, the cost of Eurasia Mining can exceed $1bn."
So Aleksey suggests over $1bn.
Sorry if this has been picked up before! Didn't realise Lesego have been undertaking DD at both sites (WK & MT)...?
Russia press article from last last year....
China. UFO Metallurgy, mining metalbulletin.ru, September 17, 2019
Manceloids of Monchetundra and Urals may be bought by Chinese-African company
Junior Eurasia Mining Plc, which owns assets in Russia, said South Africa's Lesego Platinum was conducting due diligence of two of its platinum deposits in the Kola Peninsula and the Urals. South African investors can buy a stake in junior subsidiaries or form a joint venture, but it is too early to talk about any solutions. According to experts, licenses for these assets can cost $5-6mn, and their development requires about $200mn, and the platinum market remains surplus.
China-South African Lesego Platinum has been conducting due diligence of the Monchetundra platinum deposits in the Kola Peninsula and West Kytl in the Urals, owned by British Eurasia Mining, the latter said. The Lesego delegation, led by CEO James Newvenhays, evaluated the availability of infrastructure, logistics, sampling and laboratory test results. Lesego may consider a partial acquisition of the Tersk Mining Company and The Cosvin Stone, which is part of Eurasia Mining, or the possibility of a joint venture. The statement emphasizes that there are no guarantees that the deal will take place.
Lesego Platinum is developing a platinum deposit of the same name, 300km from Johannesburg. Junior Eurasia Mining (21.79% from the directors, 12.48% from the company, which was formerly known as L.Ananyeva) is engaged in mineral exploration. Funding comes both from own funds and from established joint ventures.
Mining at the West Kytlym field has been underway since 2016. According to the company's presentation, which was reviewed by "Y", in 2018 165kg of platinum was mined with a projected production volume of up to 1t metal per year. Monchetundra's reserves are estimated at 60t platinum and palladium. Eurasia Mining has signed an EPC contract to develop and launch a 4t per year field with China's Sinosteel, which will attract $150mn of project financing. When the project level of production is reached at 4t per year, the revenue will be $160mn, EBITDA will exceed $70mn.
The South African company's interest in Russia can be explained by the relatively low capex and the cost of platinum group metals production, as well as the ability to mine in an open way in these fields and the availability of infrastructure. Thus, on The Monchetundra power lines are brought to the border of the facility, the federal highway and the branch of the Russian Railways are adjacent to the field. In South Africa, where 70% of the world's platinum production is concentrated, easily accessible reserves are depleted, and the profitability of most mines remains only a consequence of the weakness of the local currency.
It is a shame TDT has now moved on, i'm having difficulties using photoshop for a project i'm working on and had some questions how to edit an original screenshot. In particular, I want to edit out some information which i'm not too keen on seeing, so if anyone else can help in TDTs absence... Would be great...
JMSF1. Good post.
Someone with their head screwed on.
Great to see MVR Publicly standing up and against racism.
https://twitter.com/melodyvirtual/status/1290248911790186496?s=20
Hi DB.
If share is suspended (for whatever reason), i'm not sure any employer / employee share purchase scheme would be available due to 'sensitive' nature of information they would be privy to.
Sorry to disappoint Puddin, my average is well below 5p lol. Happy investor right here.
You hate the fact JGORE paid more than 15p a share.
You dislike the notion that warrants at 9p have been exercised.
It's like you've invested far too much, sold up here, made a huge loss and you're desperate to drag other PIs down with you.
Its hilarious and very comical.
I'm holding my shares, not selling and largely ignoring the SP because Melodys only at the beginning (and I'm already up!). When the LN News comes, you're whining and melancholic tones will be drowned out. Actually, it's that point you go quiet.....
Mr H you little tease ;)