Member Info for mac4671

"The Nickel price hit a ten-year high, metals prices gained significantly across the board yesterday (Tuesday) and are climbing further this morning. In a market environment characterized by high-risk appetite, tin has reached a new record high at over $41,000 per ton. "

https://www.kitco.com/news/2022-01-12/Commerzbank-comment-on-the-nickel-price-surge.html

GLA

It's easy to understand the wider plan when you understand the Hydrogen uses for PGM's and also what Japan are aiming to achieve with their Hydrogen plans -

"In a PEM electrolyser, water is split using electricity in the presence of Iridium & Platinum based catalysts into its constituent elements; Hydrogen and Oxygen. If the electrolysis uses electricity from a renewable source, then the Hydrogen that is formed is classed as "Green Hydrogen" meaning it has a 0% carbon footprint. Often renewable energy is intermittent and PEM technology has the quickest response time of similar technologies so is ideally suited for use with renewables. There are many times when renewable energy is being made but not harnessed and the use of electrolysis allows for this energy to be captured and stored."

https://www.ceimig.co.uk/hydrogen-economy

"Palladium has the potential to play a major role in virtually every aspect of the envisioned hydrogen economy, including hydrogen purification, storage, detection, and fuel cells."

https://www.sciencedirect.com/science/article/pii/S1369702111701432#:~:text=Palladium%20(Pd)%20exhibits%20a%20number,palladium%20hydride%20(PdHx).

What PGM's and Hydrogen is left over (which will be the vast majority) will go to relevant markets. Japan is looking to be the Hydrogen leader, have you heard of Woven City? -

"ENEOS and Toyota Come Together to Make Woven City the Most Hydrogen-Based Society"

https://global.toyota/en/newsroom/corporate/35298631.html

https://www.woven-city.global/

GLA

"The partnership between the two Japanese brands is part of a larger collaboration between Kawasaki Heavy Industries, Toyota Motor Corporation, Mazda Motor Corporation, Yamaha Motor Corporation & Subaru Corporation to achieve carbon neutrality. The hydrogen engines to be developed by Kawasaki & Yamaha will be an alternative to electric powertrains, supporting both brands' goal of creating zero-emission vehicles."

https://www.team-bhp.com/news/kawasaki-yamaha-jointly-develop-hydrogen-powered-engines

You'll see the same Japanese companies named as working together in consortiums throughout Japan's plans -

https://fuelcellsworks.com/news/japanese-consortium-teams-up-to-develop-hydrogen-marine-engines-for-coastal-and-ocean-going-ships-by-2025/

They're going to need one hell of an amount of green Hydrogen to feed all of the new products!

Fast becoming big business -

"Welcome to the World Hydrogen 2022 Summit & Exhibition, the leading global platform dedicated to hydrogen industry advancement. Produced by the Sustainable Energy Council (SEC) in partnership with the Province of Zuid-Holland, the City of Rotterdam and the Port of Rotterdam, World Hydrogen 2022 is the place to meet with government and private sector leaders to showcase, discuss, collaborate and do business, driving the hydrogen industry forward."

https://www.world-hydrogen-summit.com/

How big . . . . . . . . . .very BIG!

And remember, all of that lovely Hydrogen needs to be stored all over the World -

"Palladium-infused ‘nano-chocolates’ a cheaper mechanism to store hydrogen"

"According to the researchers, the nanoparticles can be pictured as resembling chocolates: An iridium nut at the center, enveloped in a layer of palladium, rather than marzipan, and chocolate-coated on the outside by the hydrogen"

https://www.mining.com/palladium-infused-nano-chocolates-a-cheaper-mechanism-to-store-hydrogen/

GLA

No i use something called an ISA, far better lol

GLA

While kicking back with a Koka Kola chilled with Hydrogen Ice cubes and nibbling on nano-palladium chocolates.

It's just a case of what lands next in the current regular RNS update series.

More JORC's?
Asset sale details?
Rosgeo JV asset licenses?
WK production figures?
More details on H4Energy JV?
Full breakdown of what Eurasia v.2.0 entails?

Such an easy share to be in this one!

GLA

Possibly something just like this -

"Tesla Inc. agreed to purchase nickel supplies from miner Talon Metals Corp. as an expected surge in demand spurs automakers to secure access to battery metals and other electric-car parts"

https://www.bloombergquint.com/business/tesla-talon-enter-into-nickel-concentrate-supply-agreement

Zak Mir tweeted this link. It puts things into perspective -

"Put another way, Tesla will have to buy the entire output of the top 6 producers – Norilsk, Vale, Jinchuan, Sumitomo, Glencore, BHP, and then some."

https://www.mining.com/all-the-mines-tesla-needs-to-build-20-million-cars-a-year/

https://twitter.com/zakmir/status/1480885784706269188?s=20

GLA

Brands, PGM's, Battery Metals and now Green Hydrogen. How do we separate the trading arms, by using subsidiaries -

"It may be easier to identify the performance of each distinct business by accounting for each separate subsidiary. This may also make incentivising key employees easier by reference to the performance of each distinct subsidiary.

Brands – each distinct business could operate more easily as a distinct subsidiary alongside separate but complementary brand"

https://bateswells.co.uk/2019/03/creating-a-group-of-trading-subsidiaries-what-are-the-pros-and-cons/

The biggest clue of the trading segregation comes from the finding of these two subsidiaries -

"29/12/2021 #eurasiamining set up 2 new sub’s colla mining llc and cola nickel llc both of which are for EXTRACTION of metals"

https://twitter.com/RichardDugdale3/status/1476606023771246594?s=20

My present assumption is that one arm is for battery metals, cola Nickel, and, the other arm is for the PGM's, cola mining. I would expect to see a further sub at some stage for the trading of the Green Hydrogen at an appropriate stage of that project advancing.

Eurasia v.2.0 will be the company in production via the two JV's with the three trading arms imho -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted to see tangible progress in the development of a broader Eurasia growth strategy, 'Eurasia v.2.0' in the ammonia and hydrogen markets alongside the development of our existing world class Battery Metals and PGM projects. We are confident this will create new opportunities for value creation and expand our Company's business."

It all makes perfect sense tbh, grasping the green industrial revolution firmly by the horns so to speak!

GLA

Waiting for the regular news updates to continue the trend. It's only Tuesday, the week is but young!

Grab a Koka Kola, pop in some Hydrogen Ice cubes and have a little nibble on some nano-palladium chocolates, total bliss!

GLA

It's annoying that it's still off Tilly, you kind of accept a few days for maintenance etc, but, it's now been off for quite some.

GLA

We're still waiting for those figures, i suspect that they will arrive in the one big news drop that we're all waiting on, all dividend aspects explained and board recommendations etc. The general meeting scheduled and us to vote on what lands in the drop.

There is an awful amount of things which happened last year which we all need further information on, it will all arrive at some stage.

GLA

Eurasia v.2.0 will be the company in production via the two JV's with the three trading arms imho -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted to see tangible progress in the development of a broader Eurasia growth strategy, 'Eurasia v.2.0' in the ammonia and hydrogen markets alongside the development of our existing world class Battery Metals and PGM projects. We are confident this will create new opportunities for value creation and expand our Company's business."

It all makes perfect sense tbh, grasping the green industrial revolution firmly by the horns so to speak!

GLA

Zak Mir just tweeted this link. It puts things into perspective -

"Put another way, Tesla will have to buy the entire output of the top 6 producers – Norilsk, Vale, Jinchuan, Sumitomo, Glencore, BHP, and then some."

https://www.mining.com/all-the-mines-tesla-needs-to-build-20-million-cars-a-year/

https://twitter.com/zakmir/status/1480885784706269188?s=20

GLA

Eurasia Mining look like they are definitely heading to production via the two JV's. PGM and battery metal arms with Rosgeo, and, the Hydrogen/Ammonia arm with H4Energy.

Production of at least some of the Rosgeo JV assets was to be expected imho, only open pits to create and toll treat ore over to the original MT + Flanks Sinosteel plant which is scheduled to be built, makes it a very easy operation to take to production.

GLA

The biggest clue of the trading segregation comes from the finding of these two subsidiaries -

"29/12/2021 #eurasiamining set up 2 new sub’s colla mining llc and cola nickel llc both of which are for EXTRACTION of metals"

https://twitter.com/RichardDugdale3/status/1476606023771246594?s=20

My present assumption is that one arm is for battery metals, cola Nickel, and, the other arm is for the PGM's, cola mining. I would expect to see a further sub at some stage for the trading of the Green Hydrogen at an appropriate stage of that project advancing.

GLA

Brands, PGM's, Battery Metals and now Green Hydrogen. How do we separate the trading arms, by using subsidiaries -

"It may be easier to identify the performance of each distinct business by accounting for each separate subsidiary. This may also make incentivising key employees easier by reference to the performance of each distinct subsidiary.

Brands – each distinct business could operate more easily as a distinct subsidiary alongside separate but complementary brand"

https://bateswells.co.uk/2019/03/creating-a-group-of-trading-subsidiaries-what-are-the-pros-and-cons/

GLA

They could indeed be a bidder CAW. That's what makes the whole market so interesting at the minute, car manufacturers are going directly after mining assets. It's a whole new competition front for the mining giants out there!

GLA

Possibly something just like this -

"Tesla Inc. agreed to purchase nickel supplies from miner Talon Metals Corp. as an expected surge in demand spurs automakers to secure access to battery metals and other electric-car parts"

https://www.bloombergquint.com/business/tesla-talon-enter-into-nickel-concentrate-supply-agreement

GLA

SNA Japan
@ShingetsuNews
British company Eurasia Mining plans to begin production of hydrogen and ammonia on Russia's Kola Peninsula and Sakhalin Island. They aim to produce green hydrogen from wind energy and export it to Japan. Governor Valery Limarenko wants to make Sakhalin a hydrogen hub. (JB)

https://twitter.com/ShingetsuNews/status/1480704870256906240?s=20

News is certainly getting about!

GLA

Nice dividend appears to be on the way by all accounts, just a matter of time until that RNS drops with all of the details and what we're to vote on at a general meeting.

I hope everyone has their desired amount of dividend grabbing tickets ready for such events!

GLA

Where does the general meeting fit in, all info is in relevant RNS -

"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it."

The board recommendation gets put to us to vote on, strangely enough, they've just explained how they're going to arrive at that reccomendation dividend wise. At least 80%.

But, there is also potentil divi from WK production, so, don't rule that out either.

GLA