Member Info for Folio

Mr Wolfe

You are nothing but an abusive TROLL

Anybody that supports you should hang their head in shame....

Eurasia Mining Plc. (Company number 03010091) Annual report
31 December 2019
MONCHETUNDRA
A fully funded development project; with 15moz palladium dominated PGM resource, it is one of the largest assets globally not owned by a PGM major.
Asset overview:
Ownership: Operating Partners: Region:
Mine type: Licensing:
Status: Product/Offtake:
Infrastructure: Mine life:
Target production: Exploration upside:
2019 Summary
80%
Sinosteel, Central Kola Expedition
Murmanskaya Oblast, Russian Kola Peninsula bordering Finland.
Open pit.
Mining license to 2038. Financed via Sinosteel EPCF.
Preparation for production.
PGM and base metals concentrate (Palladium dominant, Platinum, Gold, Nickel and
Copper).
**Road, Rail, Sea Hub, Power and labour. Close to Finish border
>20 years
1,000koz at full capacity
Expanding mineable reserve base via acquisition of adjacent licences.
- Detailed Project Design Report submitted and approved - Flanks application lodged.
The Monchetundra Project is Eurasia’s flagship project and comprises palladium-led reserves and resources with platinum, gold, copper and nickel credits in two open pittable deposits near the town of Monchegorsk on Kola Peninsula, Northwest Russia. Final approvals for the Monchetundra mining permit were received in November 2018, thus successfully concluding the process of converting Eurasia’s second major discovery credit to a mining license. A Detailed Project Design Report was contracted to Central Kola Expedition and approved by Murmansk Nedra in October 2019. The report sets out the statutory work required to complete a detailed Feasibility Study (Russian standard equivalent of a Definitive Feasibility Study) and a revised reserves statement building on the existing Feasibility Study and state approved reserves.

Specialists of the state-owned geology holding, Rosgeologiya, discovered in the Monchegorsk ore district (the Murmansk Region) promising nickel and platinum containing ores and recommend further studies there, the holding company’s press service said, TASS reports.

“The prospecting work was done by the holding’s branch in St. Petersburg’s (“North-West PGO”) under a contract with the North-West Federal District’s Department of Mineral Resources.”

The research area was 24.8 sq. km. According to geologists, the resources in the studied area are about 525 thousand tons of nickel, 464 thousand tons of copper, 29.5 tons of platinum and 133.9 tons of palladium.

“Geological-economic assessment, made by the TsNIGRI state-run company, shows positive effect of open and underground exploitation,” the press service said.

“The company has recommended further exploration in the area.”

Geologists say the well-developed infrastructures, proximity of the processing plant and the available copper-nickel ores containing platinum group metals put this area on top of the list for further studies and more in-depth assessment of the reserves there."

From TASS - 2018

Eurasia Mining plc is a PGM and battery metals producing company, operating the established West Kytlim Mine in the Urals, and also being the operator of the Monchetundra Project comprising two predominantly palladium open pit deposits located 3km away from Severonickel, one of Norilsk Nickel's largest base metals and PGM processing facilities, near the town of Monchegorsk on the Kola Peninsula.

Nornickel will start cleaning up the production facilities
and the metallurgical units from the copper-containing materials. This work will last throughout
2021, and the dismantling of production facilities and buildings will start in 2022.
Nornickel plans to construct a new copper refining facility in Monchegorsk. The new facility will
be able to produce up to 150 ktpa of copper, which is double the capacity of the closed shop.
The plant will use the state-of-the-art roasting-leaching-electroextraction technology, observing
the highest environmental standards. There will be a high level of mechanisation, automation,
with a much smaller proportion of manual labour than in the closed shop.

Give over Herbs - have you hatched from GFD ......

Herb .... you have't stated one fact lol.

Go and read so RNSs ... you never know what you might find...

I thought Turkeys were only available at Christmas .....seem to have a couple today lol...

Aubrey -

I have met Robin Young of AMC, and I saw plenty flags years ago, I am not invested in AMC and they are a distressed seller.

If you cannot work out the infrastructure pity help you, then again you aren't invested are you...

As for Herbie - simply posting garbage as usual.

You can both keeping posting your dramatic ideas, however EUA will get a deal . and nowt either of you can do to stop it ,.......

Aubrey - AMC are in RUSSIA -

There is no other comparison.

AMC needs $1B upfront 320km road, etc etc.

EUA is ready to go with infrastructure in place - first mover advantage - lowest cost ....

EUA is open pit - AMC is not .....

.

Positive open ...

It does not matter.

What's a couple of weeks....

And Deliveroo IPOd at 390p = now in the 80s....

IPOs in the UK are often crash and burn - certainly initially - peeps inside are the ones creaming the monies....

Don't expect it to be anywhere near an IPO price....

16.6p UT, 17P 140K vol buy 16.6 PT 8.6k

whoops - delayed sell !

500k vol buy gone through..

CFD = Contracts For Difference

Of levelling out - looks like they got the stock needed - marginally better on the daily know...

Looks like it was played to spook peeps