Member Info for Jarv55

https://www.linkedin.com/search/results/people/?facetCurrentCompany=%5B%222174224%22%5D

frandab Lesego Platinum Mining Limited

Mr. Xia Dong (Jeff)
Non-Executive Director

Jeff is a non-executive director of Lesego Platinum. He holds a B.Admin in Financial Management from University of International Business and Economics, China.

Jeff is an experienced professional in China's outbound mining investment sector.

He started his career in China's largest state-owned diversified investment holding group CITIC, as a financial accountant. Then after a few years of sell-side M&A advisory career, focusing on China's outbound investment in mineral resources (especially in Southern Africa and Australia), Jeff moved to the buy-side, participated in the establishment of a mining private equity business, funded by prominent Chinese groups from both private and state-owed sectors.

Jeff joined HSC in 2015, and currently serves as the principal of Mining Investment for HSC.

Anthony James Nieuwenhuys
Chief Executive Officer

James Nieuwenhuys is the Chief Executive Officer of Lesego Platinum, a world class PGM asset located some 300 km North-East of Johannesburg, at the northern end of the Eastern limb of the platinum rich Bushveld Complex.

He is in the process of driving a development strategy for this asset, which will result in an innovative mechanized mining method, utilizing fuel cell driven equipment, state-of –the-art process facility and downstream processing of platinum into jewelry, investment pieces and fuel cells.James has an enviable professional track record and experience, having recently completed 5 years as Chief Operating Officer for Polyus Gold, the largest gold producer in Russia, followed by a stint as Chief Representative for Polyus in Beijing.

He held Managing Director positions in two of the most active EPCM organizations, being Bateman Projects and SNC-Lavalin. James has all the attributes to make the Lesego dream a reality.

https://www.lesego.com/

The question is who is likely to put a bid in?

Mr. Churakov has recently helped to arrange detailed due diligence and multi-day site visits by James Nieuwenhuys, CEO and Director of Lesego Platinum as part of the Lesego Platinum's evaluation of both Monchetundra and West Kytlim projects. Over the past few months Lesego Platinum performed due diligence of Eurasia's assets accompanied by several days of visits of Monchetundra mine and Eurasia's office in Ekaterinburg to study the West Kytlim mine.

Over the course of the site visit, Lesego Platinum studied and evaluated infrastructure availability and logistics access, drill core samples, results of laboratory test works along with other information and raw data, which form the ground for assessment of both Monchetundra and West Kytlim projects to consider, amongst other options, potential partial acquisition of Eurasia's subsidiaries and joint venture opportunities at the sites. Despite the synergies and the motivations of Lesego Platinum, there can be no guarantee that any transaction will occur. Further updates will be provided in due course including the potential of James Nieuwenhuys joining Eurasia's board if these matters progress. This appointment is subject to customary approvals, amongst other things, due diligence on James Nieuwenhuys, contracts and Nomad checks. Further updates will also be provided on this if it progresses.

Lesego Platinum owns, what the Directors' rate as a world class PGM assets located some 300 km North-East of Johannesburg, at the northern end of the Eastern limb of the platinum rich Bushveld Complex. James Nieuwenhuys, its CEO and Director, has significant experience in Russia including 5 years as Chief Operating Officer for Polyus Gold, the largest gold producer in Russia and held Managing Director positions in two of the most active EPC organizations, being Bateman Projects and SNC-Lavalin.

https://www.eurasiamining.co.uk/investors/presentations/download?path=EUA%2BMJS%2B21%2BJune%2B2019.pdf

Have a good read of this
https://www.lse.co.uk/rns/EUA/eurasia-mining-plc-senior-management-team-appointment-i84vpyiztdgkr4i.html

Dear Shareholder,

The first six months of 2019 saw the Company embark on its second season of production at material levels at our West Kytlim alluvial platinum, PGM and gold mine. Production has been ongoing at site since May of this year concurrent with the project's most aggressive drilling programme in recent years. Earlier in September the Company moved forward in its plan to operate its own mines and purchased the necessary processing plant and other equipment. The West Kytlim mine is now operating on an owner basis, with 100% of metal revenues payable to Eurasia as opposed to 30-35% prior to September this year. Our experience on-site over the past number of years ensures our people have the necessary skills and expertise to successfully run the project from resource definition right through to concentrate upgrade and shipment of saleable product.

Our plans for sustainable phased production increases at the project incorporate resource and reserve upgrade programmes with further capitalisation of the asset from the mine's cashflow - this at a time of more buoyant metal prices and a generally bullish outlook in the PGM sector, especially for palladium, platinum, iridium and rhodium as well as gold that are all in the basket of metals of our sellable product.

Meanwhile, the Monchetundra Project was progressed considerably with important technical statutory reporting finalised and submitted to the relevant authorities by mid-September 2019. The flanks application surrounding the approved reserves and resources at both the Loipishnune and West Nittis deposits was also finalised and submitted for approval in late-September. Work is now ongoing to tie up the remaining work required to commence the Sinosteel EPC and see the 2Moz Monchetundra project through to production.

Progress has therefore been steady at both of our main projects through 2019. We thank our shareholders and supporters of the Company and look to further build on our recent successes to all our benefit. We also welcome Alexei Churakov to the Company in a role as a strategic advisor. As announced recently Mr Churakov has already made very significant contributions to both the West Kytlim and Monchetundra Projects. It is our intention to continue to broaden the experience base on our board in the coming months as we continue to transition from an exploration focused Company to an established PGM mining Company.

Hopefully an interview next week https://twitter.com/AndrewScottTV/status/1187823537899425792

Adam and don't forget that Palladium has risen a fair bit since Oct 2018 and is still rising. https://invst.ly/my9xw

Christian Schaffalitzky, the Chairman of Eurasia commented: "The board is pleased that major banks such as CITIC and VTB Capital, the largest investment banks in China and Russia respectively, are interested in Eurasia's PGM deposits including the ones in Kola which are much improved in size following the addition of the new 'Flanks' areas (see announcement dated 26 September 2019). Our total resource with the account of areas within the flanks contours is about 15 Moz of PGM (mostly palladium) that we believe puts us in a completely different league of major palladium companies already in production stage."

Here is the old brokers note hopefully the company will get a new one out.
https://www.eurasiamining.co.uk/investors/presentations/download?path=Optiva%2B-%2BEurasia%2BMining%2BOctober%2B2018.pdf

Boom on Monday
Furthermore, cash payments from the refinery, for sale of metal from the operating West Kytlim mine for PGM already delivered, are due before year end. The payments for platinum will include a final payment for other metals namely palladium, iridium, rhodium and gold. In this regard Eurasia is not planning any new share placings in the foreseeable future.



Commenting on the exercise, Christian Schaffalitzky, Chairman, added: "With the recent share price increase a number of shareholders have indicated they wish to exercise their warrants and hold these shares long term. We are grateful to them and likewise the Directors have indicated they are holding their 22% in the Company on a long-term basis. As the Company prepares for a significant increase in production at the West Kytlim mine next year, the funds from our operations and from the warrants will be used to prepare for mining at the second site and to upgrade our wholly owned equipment, now that we are no longer using a sub-contractor and enjoy 100% of the margin as opposed to 30-35% previously. We, the Directors, therefore believe the Company is in a strong financial position going forward".

https://www.lse.co.uk/rns/EUA/exercise-of-warrants-and-trading-update-qezl6ghavheysia.html

Wow that is some volume.

https://twitter.com/DShox1/status/1187721751603625985 have a read

Adam wave 3 starting

Sam its warrants being flipped

https://invst.ly/mw732 double bottom bounce