last posted in Feb2 Jul 2020 13:48
I posted this in February and have not posted since the suspension as couldn't see the point
When looking at a buy out price just refer to the items below - the prices of the metals are now out of date but as I said then if you calculate the value of the resources you will need a powerful calculator in addition the Value of Gold and Rhodium deposits are worth several billion dollars on their own - I don't think the original poster trading123321 still posts !
Previous Post05 Feb 2020 15:54
This the post that i referred to earlier - when you multiply the figured out it is mind blowing - WARNING YOU WILL NEED A POWERFUL CALCULATOR. It was posted by trading123321
on 29th Jan.
Posts: 568
Price: 3.35
No Opinion
RE: My strategy29 Jan '20
Palladium and Platinum are doing great however what else is in these mines, how will it increase the value and how much is there, firstly what is rightfully ours,
Nickel: 30,410 tonnes (price per tonne December Average) $13,829.42
Copper: 28,124 tonnes (price per tonne December Average) $6,077.06
Gold: 2 tonnes (price per tonne December Average) $1465 per OZ, 2 tonnes = 70,547.92oz
Flanks
(?) Within the Flanks application submitted by Eurasia 80% owned subsidiary Terskaya Mining Company in September 2019:
1. Potential Pd and PGM resources of c.13.1t (421k oz) (as per State Cadastre of Deposits, No. 18 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
2. Potential resources of Pd and PG? c.14.7 t (472k oz) and of gold c. 0.7t (as per State Cadastre of Deposits, No. 20 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
3. Potential resources of Pd and PG? c. 320.1 t (10.2M oz) and of gold c. 10.1t (as per State Cadastre of Deposits, No. 21 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
4. NKT (Nittis Kumuzhanaya Travanyaha) nickel, copper, cobalt, platinum, palladium, gold and silver with the following potential resources: Ni - c. 298,000 t, Cu - c. 229,000 t, Co - c. 11,300 t, Pt - c. 18.5 t, Pd - c. 55.0 t, (Pt+Pd= 73.5t or 2.3M oz) Au - c. 7.6 t, Ag - c. 185t (as per State Cadastre of Deposits, No. 22 on Murmansk Geological Information Archive Reference Note of 07.03.2019).
The total in items 1 to 4 above, which excludes the c.2M oz in Eurasia's current production license is c.13M oz of PGM of which palladium is predominant. The Pd to Pt ratio in Monchetundra production license varies from 1.7 to 5.8 Pd/Pt ratio, a similar range is observed in the Flanks area.
Nickel: 298,000 tonnes (price per tonne December Average) $13,829.42
Copper: 229,000 tonnes (price per tonne December Average) $6,077.06
Cobalt: 11,300 tonnes (price per tonne December Average) $33,000
Charts:
Nickel: https://invst.ly/pmysj
Copper: https://invst.ly/pmyt3
Cobalt: https://invst.ly/pmytu