Member Info for mac4671

"Highlights:

· Nickel is now the main metal in Eurasia's basket of metals (on a Net Smelter Royalty basis) following the JORC Mineral Resource Estimate produced by Wardell Armstrong International at NKT. Work is being finalised on the high-grade veins part and the open pit part of NKT, as well as on the assaying to upgrade the resource to be separately announced in due course (please refer to RNS dated 16 December 2021).

· Kola Nickel LLC was incorporated as Eurasia's 100% beneficially owned subsidiary in order to carve out all the nickel assets of Eurasia into one subsidiary company.

· Similar to NKT, Nyud's main metal is also nickel. Nyud is included in the agreement with Rosgeo (for more information on Nyud please refer the last bullet point below and RNS of 26 August 2021).



· Wardell Armstrong International was engaged by Eurasia to produce JORC Mineral Resource Estimate at Nyud, as well as a CPR and net present value model. The results of this engagement is almost complete and will be announced separately.

· Like NKT, Nyud is a nickel open pit mine previously operated by Norilsk Nickel. A trial open pit was developed at Nyud by Norilsk Nickel and nickel dominant ore was shipped directly to Severonickel, the world's largest nickel processing plant. Similar to NKT, the Nyud area is well served with the infrastructure required for the relaunch of mining and processing and the tailings will be used as backfill for the old NKT mine developed in the past, following the best practices in ESG and saving on the tailings storage facility capital expenditure."

GLA

"Nickel hits record price since 2011 due to tensions in Ukraine"

"The ton of nickel reached 24,610 dollars on Monday, a peak not seen since 2011, boosted by the escalation of tensions around the crisis in Ukraine , Russia being a major producer of the " metal of the devil ".

Along with aluminium, nickel is one of the metals “ which depend on the Russian supply ”, explains Al Munro, broker at Marex. “ He took advantage of the threat to Russian production ,” he continues. “ The rise in prices is likely due to concerns over supply disruptions, with the Ukrainian crisis appearing to continue to escalate ,” confirmed Daniel Briesemann, analyst for Commerzbank, adding that the nickel market is very tight."

https://www.lefigaro.fr/conjoncture/le-nickel-atteint-un-prix-record-depuis-2011-a-cause-des-tensions-en-ukraine-20220221

GLA

Glencore
@Glencore
·
7h
We're taking you on the journey of Nickel - a versatile metal present across every industry, from transport to healthcare.

Starting at our Raglan Mine in #Canada, learn how we produce, ship, market and recycle this vital commodity across the globe.

https://twitter.com/Glencore/status/1495699260075040769?s=20&t=70p3psZhBSEr0ER_MfVq2w

The same industries that the Nickel from Monchegorsk will ultimately be heading when the relevant assets are brought online.

All just a matter of time!

GLA

Eurasia's closest asset to any conflict zone being at Monchegorsk, just a mere 2,600+ km away.

The BOD and all work is continuing as usual . . . . .

GLA

Meanwhile... over in Monchegorsk today's focus has been on the scheduled public hearings for the implementation of the first stage of construction.
#BigCopper

#EUA
#eurasiamining

https://kn51.ru/2022/02/21/v-monchegorske-proveli-obshhestvennye-slushaniya-po-proektu-bolshaya-med/

https://twitter.com/MRBAgency/status/1495787741132505094?s=20&t=70p3psZhBSEr0ER_MfVq2w

"Monchegorsk held public hearings on the Big Copper project
The northerners were told about the implementation of the first stage of construction of the matte separation department and copper refining production using the roasting-leaching-electroextraction technology.

A modern copper production shop is planned to be put into operation in Monchegorsk in 2025. The metal will be produced here using the roasting-leaching-electroextraction technology, which is many times more environmentally friendly than the one used in the metallurgical shop that operated in Monchegorsk until the spring of 2021. Norilsk Nickel's investments in the Big Copper project are estimated at 106 billion rubles.

Start of the first stage
It is important for residents of Monchegorsk to know about the stages and timing of the implementation of a large-scale construction project, the possible environmental impact of new production, and other aspects. Public hearings were held for them on February 18 in the assembly hall of the city administration."

GLA

And their continued new accounts, you bring so much to the board instead of using that main account you usually post from. There's a large crack in your matrix, i hope the board admin see it and remove all associated accounts.

Toodles!

GLA

The last time i had looked at it, it was down around 8%. That's quite the battering, but, they're well on the way to a solution via the Minsk agreements.

To some, this merely represents one last bargain territory while the leaders get the Minsk agreements done!

GLA

Meanwhile... over in Monchegorsk today's focus has been on the scheduled public hearings for the implementation of the first stage of construction.
#BigCopper

#EUA
#eurasiamining

https://kn51.ru/2022/02/21/v-monchegorske-proveli-obshhestvennye-slushaniya-po-proektu-bolshaya-med/

https://twitter.com/MRBAgency/status/1495787741132505094?s=20&t=70p3psZhBSEr0ER_MfVq2w

"Monchegorsk held public hearings on the Big Copper project
The northerners were told about the implementation of the first stage of construction of the matte separation department and copper refining production using the roasting-leaching-electroextraction technology.

A modern copper production shop is planned to be put into operation in Monchegorsk in 2025. The metal will be produced here using the roasting-leaching-electroextraction technology, which is many times more environmentally friendly than the one used in the metallurgical shop that operated in Monchegorsk until the spring of 2021. Norilsk Nickel's investments in the Big Copper project are estimated at 106 billion rubles.

Start of the first stage
It is important for residents of Monchegorsk to know about the stages and timing of the implementation of a large-scale construction project, the possible environmental impact of new production, and other aspects. Public hearings were held for them on February 18 in the assembly hall of the city administration."

GLA

Thanks for sharing it Mjd2020, the Minsk agreement was brought up again there i heard and a decision on the regions is to be made today.

It's all political and democratic solutions coming out, it all looks very good imho

GLA

All the best to you jimjam, good luck with the rest of your sessions and i hope everything goes well.

GLA

I've not been into London for at least 20 years now, even back then it was a very busy City, people walking at fast pace almost like lanes of traffic. Was always an interesting experience and not really my type of thing.

Their stock exchange is very good and their magical ability to keep the pound strong is something to be commended.

Politics, well, you either agree with what they say and do in situations, or, you don't.

GLA

"A break from London." - Even some English don't like other English look!!!!!. lol

No, tbh, no matter where you look there are always things you agree and disagree with. I think with the internet, politics and everything else has become very difficult, they're all now having to perform more like a celebrity due to the constant camera's and live feeds always being on them. I think it was nerves with Lizz when she was in Russia, but, there you go, easily played if you pick up the nervous stance like the Russian counterpart clearly did.

The whole World is now always watching everything, there is a lot more pressure on all to arrive at peaceful solutions, that's a good thing imho.

GLA

"PUTIN SAYS MACRON TOLD HIM UKRAINIAN LEADERSHIP IS READY TO IMPLEMENT THE MINSK PEACE AGREEMENTS"

https://twitter.com/DeItaone/status/1495766139711983621?s=20&t=70p3psZhBSEr0ER_MfVq2w

Now, let's get them in place and move positively forward!

GLA

Christian told us that they're heading to completion and James told us what completion means -

"We are looking forward to completing the split of our nickel, PGM and hydrogen projects into separate subsidiary companies that allows us to execute on our strategy as previously announced"

It's all there in black and white between the two comments.

GLA

I think that part is pretty obvious to all genuine shareholders, the retweet is a simple remember of that position -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are pleased that our structuring is approaching completion, as we work hard with DLA Piper and our other legal advisers. As announced on 8 February, we are making good progress despite the current geopolitical context and a separate announcement will be provided"

We know MT has been hidden behind NDA's for a long time now, the FSP RNS told all of us that. To release anything that pertains to it, would require full legal guidance and clearance.

It is all in hand, RNS tells us all that!

GLA

I see that, the only man who knows exactly what is what with being the -

"DMITRY SUSCHOV

Mergers and Acquisitions Officer
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, thereby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS. Dmitry has a successful track record of leading the strategic sales of companies in the natural resource sector including the sale of a silica sand mine and the second largest global carborundum production company to Indian Murugappa Group, the sale of a natural resource company to Danish natural resource fund, the sale of a gas company to a major Russian investment group and other deals."

GLA

Course you did, and you had to create that new account just to tell us all. In the bin your new accounts goes, toodles!

GLA

That's what most of you are here for, the reason is very simple, most of you arrived when the share attracted attention after the bank RNS in Oct 2019, although a lot like to try and suggest otherwise, that is what happened. First post dates on the share, recorded in all account posting histories tells anyone that simple truth.

Either you believe it will happen or you don't -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are pleased that our structuring is approaching completion, as we work hard with DLA Piper and our other legal advisers. As announced on 8 February, we are making good progress despite the current geopolitical context and a separate announcement will be provided. Contrary to speculations, the Directors and the Officers of Eurasia have not sold any shares and, as the largest shareholder group, are focused on the liquidity event along with all shareholders"."

GLA

It's a fair point Summit, i don't think that the details are far away however. I guess it all depends on how you think things will go diplomatically with the present situation. I believe Minsk agreements will be implemented and the conflict will end, Further meetings and dialogue will continue with all parties to ensure security for all in that area of the World. That's how i see it going, no matter what little things are currently being reported.

Mac is actually buying more, but, that's up to me, just like anything other people do is entirely up to them.

GLA

Ah, i see -

https://www.fxstreet.com/news/russia-military-official-say-russian-troops-prevented-ukrainian-saboteurs-from-crossing-border-five-killed-202202211253

There are clearly people running around with explosives, perhaps it was them and the explosions will now drop?

Anything entering Russian territory is fair game realistically, all have the right to secure borders.

GLA