Member Info for CAW1

*commitments
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Evening MrY considerations as below
Christian Schaffalitzky, Executive Chairman commented: "The Directors are delighted that professional institutional investors offered to support Eurasia's fundamentals and its strategic options, as we continue to develop the Company including the upcoming acquisitions of Nyud, Moroshkovoe and other significant Rosgeo JV PGM and battery metals open pit deposits. Furthermore, while our board and management continue to be significant shareholders, the Directors are confident that the Private Placement will further strengthen Eurasia's negotiating position."
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A Competent Person must be a Member or Fellow of The Australasian Institute of Mining and Metallurgy, or of the Australian Institute of Geoscientists, or of a ‘Recognised Professional Organisation’.

A Competent Person must have a minimum of five years’ experience working with the style of mineralisation or type of deposit under consideration and relevant to the activity which that person is undertaking.

https://jorc.org/competent/

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‘Wardell Armstrong International has undertaken site visits and audited the Monchetundra drill core storage at the warehouse owned and managed by CKE, the quality assurance and quality control procedures and the work done by Gipronickel, CKE and other professional contractors of Eurasia.

EMR (Engineering of Mineral Resources) that has an excellent track record cross-referencing Russian reserves with reserves under the JORC Code is coordinating the DFS for the purposes of the Russian authorities.’
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goes on to say
'The Group's outstanding commitments under the agreement are Rub37.2 mln (approximately £3.7mln) payable
in stages conditional to licensing and permitting'

which I believe is what is left to pay for the 75% of all 9 areas. The 35m I believe is for the additional 25% of all assets but this could be 70m if you include the warrants.
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Hi MrY - from the interim report, last page
'In March 2021 the Group entered into a cooperation (joint venture) agreement with Rosgeo regarding
exploration assets in the proximity of Monchegorsk on Kola Peninsula. The Group will acquire an initial 75%
stake in each asset, which will be assigned to separate joint ventures. '
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Little short jumping ship first thing
2021-12-01T08:20:43.327 GBX 23.556 25000 5889 Off-Book AIMX AMND P AIMX
2021-12-01T08:20:43.327 GBX 23.556 25000 5889 Off-Book AIMX P AIMX
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Morning All, feel it's time to blow the harbour doors open. Deep blue sailing and with a few MM tricks IMO
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They keep on coming Tilly - be interesting to see on loan tomorrow although the noise on here are for their bosses 30k ones
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Think there is a 200k+ sort in that ut that closed aswell - showing 240k trade after
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Kipper! c750k
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Delayed from yesterday - I see, more games!
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Strange that all the shorts today you have reported do not show up on London stock exchange, well not yet.
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2*250k buys on the ask at 23p
No how convenient!
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I believe Rosgeo had the licences transferred to them a couple of weeks ago. IMO we await the transfer into EUA hands from Rosgeo prior to Jorc being released. That process could start the ball rolling on everything in terms of news. No doubt Richard or Alex on twitter will find that prior to a RNS from the company if you go by historic licence updates
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Some interesting quotes
https://mobile.twitter.com/hashtag/NornickelCMD?src=hashtag_click
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https://www.nornickel.com/upload/iblock/987/strategy_day_presentation_2021.pdf
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Time will up be up soon and the noise will disappear until their next push but may be to late for them IMO
GMF78
@GMF782
#EUA perhaps more interestingly, Churakov back to his original holding level via Venus. Not involved with the company now, but bought back regardless after his cash call in Jan. Assume he went directly from Veles. More company news on asset sale or licences/JORC soon?
https://mobile.twitter.com/GMF782/status/1456567250572517381
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Expansion of capital investments with a clear focus on ESG
Nornickel has updated up its long-term CAPEX program through the year 2021-2030, raising it by USD 6 bn to USD 35 bn, of which approximately USD 6 bn will be allocated to environmental projects. Another major component of the revised capex plans is USD8bn investments into energy infrastructure, which include accelerated modernization of renewable energy assets, high-voltage transmission lines as well as investments in additional projects in production and transportation of natural gas. Another USD2bn to the long-term capex plans was an addition to the maintenance and upgrade of existing assets (capital repairs and purchase of new equipment).
The Company has added almost 600m tonnes to its proven & probable ore reserves owing to the roll-out of the Technological Breakthrough 1.0 program, employing the most advanced resource management and evaluation tools. Nornickel has raised its long-term strategic ambitions for 2030+ of metals production, aiming for 25-35% growth in nickel volumes, 50-60% in PGMs and 25-35% in copper. An adequate expansion of processing capacity has been scheduled:
Almost 2-fold (from 19 mtpa to 36 mtpa) increase in concentration capacity of Norilsk Division by 2027 owing to Talnakh concentrator upgrade (Phase-3) and construction of a new Norilsk concentrator (feasibility study in progress); Over 25% increase (from 4.6 mtpa to 5.8 mtpa) in smelting capacities of Norilsk Division with a construction of a third furnace at Nadezhda Smelter and continuous converting unit at the Copper smelter; Expansion of nickel refining capacities at Harjavalta to over 100 ktpa (investment decision in 2022) and copper refining capacities at Kola to 150 ktpa.
The Company also targets to gain a substantial market share in the fast growing battery segment through supply agreements and deeper integration into the European battery value chain, including by a way of research and partnerships.
Mmc Norilsk Adr Regulatory News. Live MNOD RNS. Regulatory News Articles for Pjsc Mmc Norilsk Nickel Adr (10 Adrs Each Rep 1 Ord) (lse.co.uk)
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NIce tweet and video of what NN have been upto prior to capital markets day tomorrow
Nornickel
@NornickelGroup
We are enabling a transition to a greener world by investing significantly in new technologies and producing the metals that drive the green economy.

Register to join our Capital Markets Day on 29 November and find out more: https://bit.ly/3xhbPHk

https://mobile.twitter.com/NornickelGroup/status/1463765602280038401
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