RE: Zak Mir on EUA again ;)20 Jan 2022 12:40
Just in case you don't read the article here is the bit I like most :-
One presumes that the Due Diligence being carried out by a credible party is going to be amongst the most detailed due diligence carried out, and that this process has been delayed by the pandemic. Whether potential buyers are seeking the state support, the extra metals, or the chance to be part of the hydrogen economy is a matter of debate, but it cannot hurt the options available to the Board of Eurasia.
Looking forward to 2022, you would expect positions to be cemented, a deal to be done and progress made on all the outstanding issues as we see them today, each being a catalyst to much higher market cap. The wider outlook for PGM seems stable, the chip shortage will ease at some point and palladium demand increase for medium term according to most analysts before settling later in the decade.
Eurasia Mining was initially a PGM play. But it is so much more now. Serious quantities of Nickel are being proven up to JORC standards by Wardell, must be regarded as the latest icing on a cake which is already laden with the stuff.
But perhaps bigger than all of this is to think of Eurasia Mining as the best conduit for Russian projects moving forwards. Fully funded for future endeavours for minimal dilution. Connected at the highest levels of state, partnered with hugely credible people and companies. Even the green lobby has been catered for with the Hydrogen initiative.