Member Info for liquid1

https://youtu.be/vrxMVrDOrYw

Presentation Kefi video! Undervalued

"Following receipt of this confirmation from the Ethiopian Government, the partners of the Project subsidiary, Tulu Kapi Gold Mines Share Company ("TKGM"), are now in a position to complete and sign final documentation relating to the shareholders' agreement and trigger subscription procedures for the Project equity capital."

Therefore $160 million coming................................

The mandated US$160 million bond financing awaits the triggering by TKGM of the balance of its compliance procedures and their associated costs, with full Project finance to close after initial development work has been funded with Project equity. This remains the plan and bank project finance interest has returned to Ethiopia and to the Project after the country's transformational improvements since early 2018, serving to further mitigate project financing risk for TKGM.

The mandated US$160 million bond financing awaits the triggering by TKGM of the balance of its compliance procedures and their associated costs, with full Project finance to close after initial development work has been funded with Project equity. This remains the plan and bank project finance interest has returned to Ethiopia and to the Project after the country's transformational improvements since early 2018, serving to further mitigate project financing risk for TKGM.

Reason for the rise:

This is all over Russian news!!! Just read the below!!!
Unbelievable we’ve made it!!!!!!!! AMC expenses for road will be covered by Government!!!!!
https://www.google.co.uk/amp/s/thebell.io/dalnij-vostok-stanet-natsionalnoj-zadachej-rossii-na-ves-xxi-vek/%3famp

For example, now the budget covers expenses for roads, communications for projects with private investments from 1 billion rubles

What happened? The Ministry of Eastern Development submitted to the government a project for the development of the Far East until 2025 with a prospect for 2035. This is the only region for which Vladimir Putin instructed to create a separate national program. According to the document, the development of the Far East should become one of the main national tasks of Russia for the entire XXI century - the region should not just improve macroeconomic indicators, but implement a run development.

Investments. Over 15 years, the runway growth in the region should increase to 6%. The Ministry of Eastern Development proposes to attract private investors by state judicial subsidies. For example, now the budget covers expenses for roads, communications for projects with private investments from 1 billion rubles. It is proposed to lower this bar to 300 million. The authorities also plan to allow gold mining at small deposits, as well as provide entrepreneurs with oil and gas deposits under an obligation to build refining capacities or produce liquefied natural gas (LNG). The state also expects to make the region attractive for business by subsidizing interest rates on loans.

RNS to follow.

Thanks for the heads up!

Wow! Just bought in!

What’s the target here!

Look too cheap

2. A significantly strengthened financial position through the following new arrangements announced today:

o Placing of £3.2m new equity raised today at 10 pence per share alongside an agreement in principle for the provision of an additional £5.5m tranche of unsecured convertible loan notes

o Existing £24m bank debt facilities will be paid down by the administration process

o Up to £50m of further financial capacity potentially available to the Group from third parties including a standby underwritten equity issue and a new term loan facility, amongst other sources

o Revised payment schedule agreed with our pension scheme trustees, reducing contributions over the next 18 months

3. Ongoing dialogue in the UK with potential partners to maintain a presence for our customers both in store and online. Although no developments can be guaranteed, we expect to announce further details of these negotiations in due course.

Placing was at 500p

Are we also due new on the 40m oz Palladium that the guy stated on VoX interview last week???

26th September 2019

Highlights:

· Flanks area application now submitted to Rosnedra. Eurasia's TGK (Eurasia's 80% subsidiary) as the production license holder has exclusive rights to the flanks areas which the directors believe have the potential, given drilling success, to increase the resources severalfold.

· An 8km2 area has been applied for to cover on-strike continuation of mineralisation at both the Loipishnune and West Nittis open pittable reserves.

· Significant resource potential has been identified by previous exploration in the area and is recorded in Russian state archives, notably in the Nittis Kamuzhaya Travanya (NKT) Massif area to the north of West Nittis, which contains resources of Palladium, Platinum, Gold, Nickel, Cobalt and Copper. The area between the Loipishnune and West Nittis deposits is also highlighted as having significant potential, further details of which can be found below.

https://www.investegate.co.uk/eurasia-mining-plc--eua-/rns/monchetundra-flanks-application-submitted/201909260700056909N/

#EUA #Palladium
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??Palladium is the critical metal in reducing harmful emissions from gas powered vehicles
??To meet stricter emission standards, Palladium is in for a bulk of gross demand
https://buff.ly/2zmUpw1
Image

https://mobile.twitter.com/eurasiamining/status/1191645099303804928?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

MARKET REPORT: Metro Bank ends week on a high with sharp rise in shares seemingly triggered by report in the Evening Standard that Lloyds Bank is mulling a takeover

These days Metro Bank's shares seem to be as easily moved by rumours and reports as they are by actual company news.

The embattled challenger lender ended the week on a high, with a sharp rise in shares seemingly triggered by a report in the Evening Standard that Lloyds Bank is mulling a takeover.

Lloyds (up 0.9 per cent, or 0.51p, to 57.31p) is the latest potential buyer suggested by the City rumour mill, joining the ranks of Royal Bank of Scotland and HSBC, which the City grapevine says is also keen.

It comes after founder and chairman Vernon Hill moved from an executive role into an 'emeritus chairman' position, in the fallout of a major accounting error that left a black hole in its books.

Metro shares are certainly at a bargain basement price. Despite rising 14.4 per cent, or 29.2p, to close at 232p last night, they have still shed 86 per cent in value so far this year.

Sorry

Meant current cap 400m

Bid 1 billion is 580p

If they Bid £100m

Current Mcap is 40m

So 100m is a 580p

Only going north!

False drop

30 September 2019

IRONVELD PLC

("Ironveld" or the "Company")

Ironveld plc is pleased to announce that it has engaged positively with several parties interested in potentially making an offer to purchase all or part of the Company's assets. The parties with whom Ironveld has entered into confidentiality agreements have held discussions with management and conducted visits to the Company's site. Ironveld expects to advance these discussions in the coming weeks.

The company has rights to 56.4 million tonnes of magnetite ore, and the project contains 1.4 billion pounds of vanadium, 27 million tonnes of high purity iron, and 8.3 million tonnes of titanium.

"The project ore body is near surface, enabling simple, opencast mining. The current resource does not include mineralisation on the Luge Farm prospecting right which is near to the current resource and which is yet to be defined but is believed to have the same geology," said Ironveld.

"The company believes given the potential size of the resources that a sale of the company's mining rights may be in the best interest in the development of the project and the highest value to shareholders."

Wish I’d sold these and bought IRON instead.

Palladium is now the most valuable of the four major precious metals as an acute shortage has driven prices to a record. A key component in pollution-control devices for cars and trucks, the metal has surged almost 80 percent since mid-August, making it more expensive than gold

Palladium Price
$1,811.94