BIT Kogan (repost)13 Dec 2021 09:14
I would certainly pay far more attention to Bit Kogan, than to the Bot Flies who are trying to sway you from your invents - He is extremely well connected in Russia. See the Tweet from Muesli Brown here -https://twitter.com/iMuesliBrown/status/1468907283941924869/photo/1
For those without Twitter - short extract here - Link Here , however you need Yandex translate or similar https://bitkogan.com/ " in general, what is happening in the world with battery metals can be called "battery fever". Take, for example, Australia's Chalice Mining Ltd. Its capitalization is already $2.3 billion. To do this, it was enough to publish a report on JORC resources of the inferred category, and before the start of production and sales, time and investment will be required.
Comparing these resources with the resources of Eurasia, as well as with the resources of the joint venture Eurasia Mining with Rosgeo, we can say that the planned publication of resources on JORC can become a serious catalyst for the growth of the capitalization of Eurasia Mining.
Of course, the natural conditions and country risks in these projects differ. All other things being equal, investors will prefer Australia over Russia. But Brazil and South Africa sound comparable, though more familiar to the ear of the mining investor. By the way, 5 applicants competed for Santa Rita. The four losers may well pay attention to Eurasia Mining.
We will continue to follow the exciting price wars. From the nearest catalysts, we will wait for the release of the report on the resources of Eurasia Mining under the JORC code. Let's compare it with Chalice, where a similar publication of inferred resources led to an increase in capitalization to $2.3 billion. And let's see if the fever gets to Eurasia Mining?
Let's not hide it: we hope for such a development of events, since we have been keeping paper in our portfolio for a long time in cyervise by subscription. If our calculations are correct, then the capitalization of Eurasia Mining has a very good potential for growth. In positive scenarios, we can talk not even about tens, but about hundreds of percent. Do not forget about the negotiations on the sale of a controlling stake by the current shareholders – this may become another trigger (it is not an investment recommendation)."
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