Member Info for mac4671

"Tier 1 Scale" means deposits that are "company making". They are large, long life and low cost. Using long run commodity prices, they generate >$300-600 million per annum of revenue and are in the bottom quartile of the cost curve. They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes. It is expected that the economics of the deposit will achieve a >12% internal rate of return after-tax."

I particularly like this part -

"They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes"
____________________________________________

"The table above includes the Nyud deposit for which Eurasia's subsidiary already has paid Rosgeo (as announced via RNS on 26 March 2021) and the license transfer thereof will be separately announced. In the meantime, Wardell Armstrong International has presented a draft CPR under the JORC Code and the NPV model to Eurasia for review. Nyud is a nickel dominant relaunch project, similar to NKT."

It's crystal clear -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are pleased that our structuring is approaching completion"

"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"

Can't get any more clear imho

Very comfortable position sitting sipping on Hydrogen ice cube chilled Koka Kola and nibbling on Nano-Palladium chocolates!

GLA

Is that who the green box is TheBeastofBodmin?. Let them attack, they only show themselves up, their true toxic personalities get shown on here quite often.

GLA

Zero hedge is being accused of spreading russian propaganda now. I don't think people have realised that the whole hysteria rhetoric simply didn't work. They do understand how it will look if russia continues to move troops back to base tomorrow saying exercises are complete, then the Belarus exercise does the same on the 20th as they have stated that as the finish date there for such exercises.

Some things you read you simply don't believe what is written, i don't think propaganda even comes into those instances tbh.

GLA

Tick tock . . . . . . Tick tock . . . . . .

8 - Purchase and sale contract – Assuming due diligence is completed with no major problems or concerns arising, the next step forward is executing a final contract for sale; the parties make a final decision on the type of purchase agreement, whether it is to be an asset purchase or share purchase

9 - Financing strategy for the acquisition – The acquirer will, of course, have explored financing options for the deal earlier, but the details of financing typically come together after the purchase and sale agreement has been signed

10 - Closing and integration of the acquisition – The acquisition deal closes, and management teams of the target and acquirer work together on the process of merging the two firms

https://corporatefinanceinstitute.com/resources/knowledge/deals/mergers-acquisitions-ma-process/

If DD was done last OCT, i wonder where we now fall on that easy to follow step chart, hmmmmmmmm. 16 week marker is this Thursday!

GLA

That's the way, it's ok Germany, we'll feed you Hydrogen instead of gas, how does that sound? I just so happen to know where some Green Hydrogen will be coming online that we can provide you with.

GLA

"New satellite images show Russian military activity as ‘130,000’ troops now on Ukraine border"

Until we get to the pic - "A satellite image shows the overview of a battle group vehicle park in Yelnya, Russia,"

https://www.independent.co.uk/news/world/europe/russia-ukraine-satellite-images-b2015354.html

Yelnya is 200 - 250km away from the Ukraine border ffs -

https://www.google.com/maps/place/Yelnya,+Smolensk+Oblast,+Russia,+216330/@52.8812119,32.1866831,6.75z/data=!4m5!3m4!1s0x46cc2e2580365913:0x22de89400bfef8be!8m2!3d54.5772791!4d33.1846309

It literally takes 2 minutes to check what they say out lol

GLA

Russian troops head back to their permanent bases after successfully finishing military drills, Russian Ministry of Defense announces.

https://twitter.com/RT_com/status/1493511719813062656?s=20&t=2y-pWfAukIjezpZgz0UbRg

GLA

You can tell that things are at the running through legalities before announcement stage from this part of yesterdays RNS -

"The Directors are pleased that our structuring is approaching completion, as we work hard with DLA Piper and our other legal advisers."

And we know that leads to this -

"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"

Just a matter of time fellow investors . . . . . .

GLA

It will be a long meeting at boohoo. Com for them lol

GLA

"We are making good progress despite current geopolitical context and separate announcement will be provided. Contrary to speculations, Eurasia’s Directors&Officers have not sold any shares and as largest shareholder group are focused on liquidity event along with all shareholders"

https://twitter.com/eurasiamining/status/1493237088866783235?s=20&t=Ql3LDltxom1NRU9lDJtzlw

It's clearly being ran through both sides legal parties imho. Make sure the wording is right and acceptable to all involved, there can't be anything that doesn't describe the deal as exactly how it is you see. That's a very strong legal point in these type of situations.

The clock is ticking!

GLA

I certainly enjoy reading these articles as i patiently wait -

https://www.mining.com/goldman-sees-copper-price-breakout-risk-of-extreme-scarcity-episode/

RNS Number : 9458A
Eurasia Mining PLC
08 February 2022

Metals:

Reserves*, ------Contained Metal, tonnes

Copper--------------292,714

Resources**, ------Contained Metal,tonnes

Copper--------------1,807,049

GLA

We were told in RNS yesterday, specifically states 'separate announcement' lol

GLA

I don't think i need to tell anyone the Platinum price.

The numbers only ever increase here at Eurasia Mining.

Tell me where else can you get first mover advantage over that lot?

LIQUIDITY EVENT coming right up Sir!

Koka Kola's all round!

GLA

?? FM Sergey #Lavrov: In developing a dialogue on some aspects that are of practical importance today, with our Western, primarily American colleagues, we will be seeking in parallel their responses to the legitimate concerns that we have raised.

?? https://t.co/LbzxJufHVk https://t.co/jv6fMKHcH7

GLA

"Russia is ready to continue dialogue with the United States and NATO and is winding down some of the military drills that have stoked fears of a Russian invasion of Ukraine, the country's diplomatic and defense chiefs told President Vladimir Putin on Monday"

https://www.themoscowtimes.com/2022/02/14/russia-says-ready-to-continue-dialogue-with-us-some-military-drills-ending-a76382

GLA

"Tier 1 Scale" means deposits that are "company making". They are large, long life and low cost. Using long run commodity prices, they generate >$300-600 million per annum of revenue and are in the bottom quartile of the cost curve. They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes. It is expected that the economics of the deposit will achieve a >12% internal rate of return after-tax."

I particularly like this part -

"They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes"
____________________________________________

"The table above includes the Nyud deposit for which Eurasia's subsidiary already has paid Rosgeo (as announced via RNS on 26 March 2021) and the license transfer thereof will be separately announced. In the meantime, Wardell Armstrong International has presented a draft CPR under the JORC Code and the NPV model to Eurasia for review. Nyud is a nickel dominant relaunch project, similar to NKT."

It's crystal clear -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are pleased that our structuring is approaching completion"

"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"

Can't get any more clear imho

Very comfortable position sitting sipping on Hydrogen ice cube chilled Koka Kola and nibbling on Nano-Palladium chocolates!

GLA

Tick tock . . . . . . Tick tock . . . . . .

8 - Purchase and sale contract – Assuming due diligence is completed with no major problems or concerns arising, the next step forward is executing a final contract for sale; the parties make a final decision on the type of purchase agreement, whether it is to be an asset purchase or share purchase

9 - Financing strategy for the acquisition – The acquirer will, of course, have explored financing options for the deal earlier, but the details of financing typically come together after the purchase and sale agreement has been signed

10 - Closing and integration of the acquisition – The acquisition deal closes, and management teams of the target and acquirer work together on the process of merging the two firms

https://corporatefinanceinstitute.com/resources/knowledge/deals/mergers-acquisitions-ma-process/

If DD was done last OCT, i wonder where we now fall on that easy to follow step chart, hmmmmmmmm. 16 week marker is this Thursday!

GLA

We have the resources, we have the deal makers and we have the liquidity event officially mentioned in RNS, it's all just a simple matter of time.

GLA

Indeed, it's why it's such an easy waiting game tbh.

People complain about the time taken, but, that's from a naive standpoint of not realising just how large and complex the deposits are in the Monchegorsk area. That district has been explored for years by multiple people for it to finally arrive at the stage it is coming to.

A lot of peoples hard work has went into that area and over many years, a few month is shortly in the grander scheme of the wider attributable timeline attached to the district.

Google satellite used to be very useful for looking at all of the previously explored and worked areas there, it always did give you a more accurate picture of the work that has already went into the area. People shouldn't underestimate how much time that has saved Eurasia tbh, the historical stuff is what made it a Copper and Nickel mining area in the first place, and, what will lead it back to that status shortly.

GLA

"Tier 1 Scale" means deposits that are "company making". They are large, long life and low cost. Using long run commodity prices, they generate >$300-600 million per annum of revenue and are in the bottom quartile of the cost curve. They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes. It is expected that the economics of the deposit will achieve a >12% internal rate of return after-tax."

I particularly like this part -

"They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes"
____________________________________________

"The table above includes the Nyud deposit for which Eurasia's subsidiary already has paid Rosgeo (as announced via RNS on 26 March 2021) and the license transfer thereof will be separately announced. In the meantime, Wardell Armstrong International has presented a draft CPR under the JORC Code and the NPV model to Eurasia for review. Nyud is a nickel dominant relaunch project, similar to NKT."

It's very crystal clear -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are pleased that our structuring is approaching completion"

"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"

Can't get any more clear imho

Shorts will be scrambling to close lol

Very comfortable position sitting sipping on Hydrogen ice cube chilled Koka Kola and nibbling on Nano-Palladium chocolates!

GLA