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It was through their Twitter account
https://mobile.twitter.com/eurasiamining/status/1493237088866783235
GLA
Agree - I just see there being 2 tiers/prices going forward. A COO Russia price for everything coming out of Russia and ROTW price higher.
East buying cheap and us in the ROTW getting stitched up on higher prices.
GLA
Only problem is that it will be stamped with COO Russia
However will probably take the same route as Oil and Gas - Eastwards
https://economictimes.indiatimes.com/news/international/world-news/vladimir-putin-says-russia-will-direct-energy-eastwards-as-europe-shuns-russian-gas/articleshow/90848407.cms
GLA
From GMF78 Twitter
Interesting read
https://interfax.com/newsroom/exclusive-interviews/77814/
‘The process will be organized as follows: the junior company conducts exploration, confirms the reserves, receives a certificate confirming the fact of field discovery, and then can sell this certificate. Then, a mining company, based on the certificate, gets a production license without bidding and pays a one-time fee for it.Previously, subsoil users did not have the right to sell licenses, you could sell only the company owning the license. Now the rules of the game have changed significantly, and they can take the exploration industry to a new level. A small company due to its finances and competence cannot develop the field it has discovered, but it can sell the license and make money on its exploration. Those regions and subsoil areas that big companies don't want to spend time and effort on exploring will ‘
GLA
Would be nice if EUA are next in line!
'Potanin is moving to expand his business empire. The French bank Société Générale announced yesterday it was selling Rosbank, a Russia-based banking group, back to Interros, Potanin’s investment conglomerate. Société Générale paid an estimated $4.3 billion to Interros between 2006 and 2014 to amass a near 100% stake in the Russian bank and its subsidiaries.
Transaction terms were not disclosed, but Société Générale said that Interros would pay off the Russian unit’s outstanding loans and that the French bank would write off $3.3 billion.'
https://www.forbes.com/sites/johnhyatt/2022/04/12/russias-richest-oligarch-bails-out-socit-gnrale-in-fantastic-deal-for-himself/?sh=6fd2b20e1cab
GLA
This could be the reason for the rise - not sure it means anything in the grand scheme of things and SP holding up well
https://financialpost.com/pmn/business-pmn/london-blocks-sale-of-new-platinum-and-palladium-from-russian-refineries
GLA
2020 full year accounts -3.7m per year
2021 should show profit as 3 wash plants
23m in cash is solely for Rosgeo licences as per rns’s
IMO sitting ok.
I also believe Nyud has been paid for so no new business/investment imo.
New licences have been in pipeline for ages so again imo no new investment.
I hope we atleast get a tweet tomorrow confirming but hoping for a sales update rns
GLA
Don't think anything on PGM's
https://www.whitehouse.gov/briefing-room/statements-releases/2022/04/06/fact-sheet-united-states-g7-and-eu-impose-severe-and-immediate-costs-on-russia/
GLA
New sanctions aside IMO if there was any bad news we would have had it prior to 08:00 today as would have thought FCA would not look kindly to allowing ISA buying in new tax year to then release anything that would make the SP drop significantly 'shortly' there after.
Looking for a after hours/07:00 tomorrow update from BOD
GLA
Bed and ISA's started so some of the big volume at full bid will be them
2022-04-06T08:29:13.190 GBX 10.06 49702 5000.0212 Off-Book AIMX NPFT AIMX
2022-04-06T08:29:13.183 GBX 10 50050 5005 Off-Book AIMX P AIMX
2022-04-06T08:29:13.070 GBX 10.015 199690 19998.9535 Off-Book AIMX NPFT AIMX
2022-04-06T08:29:13.060 GBX 10 200260 20026 Off-Book AIMX P AIMX
2022-04-06T08:29:12.860 GBX 10.015 199690 19998.9535 Off-Book AIMX NPFT AIMX
2022-04-06T08:29:12.847 GBX 10 200360 20036 Off-Book AIMX P AIMX
GLA
Link below
https://www.rosnedra.gov.ru/article/12771.html?mm=289&ml=121
The file we need is Summary of solid minerals dated 01/02/2022 and as yet not updated.
They did how ever update the webpage look a week ago and also the top two as per the dates.
GLA
From poly board
"Presidents of Ukraine and Russia Volodymyr Zelensky and Vladimir Putin "with a high degree of probability" will meet in Turkey, head of the Ukrainian delegation at the talks David Arakhamia said during a telethon on Ukrainian television on Saturday.
According to him, Turkish President Recep Tayyip Erdogan "called both us and Vladimir Putin yesterday, and he seemed to confirm for his part that they were ready to organize a meeting in the near future."
"Neither the date nor the place is known, but we believe that the place with a high degree of probability will be Istanbul or Ankara," Arakhamia said."
https://en.interfax.com.ua/news/general/820489.html
GLA