Member Info for mac4671

And far far larger than any piddly little dwarf traders lol

Smells of thread title agenda......yawn!

GLA

"How to invest in the most useful metal in the world"

"Copper may have a useful role to play in the green transition. Dominic Frisby explains how investors can get exposure to copper."

https://moneyweek.com/investments/commodities/604436/how-to-invest-in-the-most-useful-metal-in-the-world
_______________________________________________________

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

Easy peasy, BUY EURASIA MINING SHARES!

GLA

They've timed all of this perfectly Oligarch, if you want maximum value now is certainly the time with assets filled with Copper and Nickel. The forecast future demand scenario is also off the chart!

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?

Koka Kola's all round!

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."

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

GLA

From the Petrofac figures you can create the future potential value tbh, double it to include the Kola facility and you have the initial full scale target of what has been mentioned thus far.

It's Hydro at Kola -

"Electricity supply is secured for as low as 0.02$/kwh from Hydro generation due
to low hydro power plants utilisation rate on the Kola Peninsula at 43.7% (i.e.
56.3% spare capacity) out of 1.8 GW"

And from we can see, it's potentially their own power from their own wind turbines at Sakhailn, so, energy costs will be very low which is a massive bonus when creating green Hydrogen.

GLA

Just land procurement in the presentation, so Petrofac info is indeed new and possibly needs updating on.

From RNS, the Petrofac link is very clear due to Geoff Nesbitt -

"H4Energy is under management of H2Transition Capital founded by ex-Shell energy transformation team members (in alphabetic order):

· Artem Matyushok, former vice-president M&A for Rosneft, and former Shell alumnus, where he participated in several development projects and later was involved in Shell's incipient Energy transition initiative;

· Geoff Nesbitt, ex-Shell R&D senior manager and former CTO for Petrofac, well-rounded Process Chemist with executive IMD degree. His career has spanned both sides of the energy industry transition from extractive to renewable sources;

· Richard Oblath whose last 25 years of a 40 year industrial career was with Royal Dutch Shell in senior roles including VP Downstream Global Portfolio Projects heading M&A for both Downstream and the then emerging New Energies businesses. Post retiring from Shell he is a non-executive director of Boson Energy (a waste to energy and hydrogen firm), Chair of the Energy Transition Group and a Fellow of the Institute of Materials, Minerals and Mining, a Fellow of the Energy Institute, a Member of Chatham House and Chapter Zero (a community of non-executive directors who understand and can position the Energy Transition with their board colleagues)."

The same South West Sakhalin tip mentioned in Petrofac's article is also mentioned in our company presentation. Our presentation shows us exactly where the area lays.

GLA

Petrofac has already told us what is happening at Sakhalin -

"Initial work will evaluate hydrogen production technology, hydrogen carriers such as liquid hydrogen and ammonia, export options, turbine sizing, electrical systems, and hazards analysis. Starting at 100 MW, the team will also look at options for scaling up to 3GW of total installed capacity in future phases, including cost and execution phasing. The finished facility will target the production of 17,000 metric tonnes of hydrogen per year."

I'm just checking the company presentation to see if that plan is mentioned.

GLA

Ah ok lovelyboy, fair enough.

GLA

If you look at R1EX's twitter feed you'll see that they've been working hard at WK recently, could be to do with that work, we'll not know until the update is made.

GLA

Well there you go indi123. No one knows what the update is about, could be pictures of the new diggers and draglines with some explanatory text, absolutely anything. The only thing to note is that it is there and so they appear to be working on a WK update on their site.

GLA

Good. They monitor the chat forums either way, anything they think could be an issue would be resolved asap. The search highlights the update, nothing more, nothing less.

"(throws an ‘unauthorised’ error message)"

GLA

It just highlights the update oligarch, that is all. Whatever info is in it is hidden. It's a simple pointing out that an update has been made today with reference to west kytlim.

Quite amusing the nonsense lovelyboy just posted tbh.

It comes up using their built in seach option.

GLA

Behave, it's a simple search on their website. You click their search option, insert west kytlim and up it comes. Nothing hidden about it tbh.

GLA

Go to the website link then ctc, scroll down and read numero 1. Done today.

GLA

https://www.eurasiamining.co.uk/component/search/?searchword=West%20kytlim&searchphrase=all&Itemid=437

GLA

Something they clearly do on the run up to certain events i would say -

https://twitter.com/Astonx007/status/1491685834466201600?t=G3VSg3OrJG4-NORgwfXEJA&s=19

Second recent one after the NKT page.

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."

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

GLA

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

GLA

Lots of sticky mitts here now i would say lovelyboy, after any divi i can imagine positions just getting larger with those who are here for EUA V.2.0 and all that the Hydrogen revolution will bring. You've got battery metals, PGM's and Green Hydrogen now all in one place, it's a very compelling investment case, even for someone new looking to get in on the green industrial revolution.

It's done very well so far, especially from the dip into the 0.2's quite some years back, but, realistically, this is all just the very start of things to come, the revolution is just warming up tbh!

GLA