The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
For those who prefer a video -
https://www.youtube.com/watch?v=DW44d6cFaqs
GLA
The IQ part amused me greatly by the way, an industry expert without knowing the BM industry direction -
"The world’s first hydrogen-powered haul truck could help clean up the mining industry"
https://edition.cnn.com/2022/10/06/world/hydrogen-mining-truck-first-mode-anglo-american-climate-spc-intl/index.html#:~:text=These%20vehicles%20are%20powered%20by%20hydrogen%20fuel%20cells&text=Standing%20three%20stories%20tall%20and,in%20a%20pollution%2Dheavy%20sector.
GLA
The Oil industry is switching to Hydrogen -
"H4Energy is an engineering and development company specializing on hydrogen and ammonia projects, the latter regarded as the 'lowest hanging fruit' in terms of its environmental impact and cost competitiveness. H4Energy's vision is to reach 1MTPA of hydrogen per annum by 2030.
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)."
GLA
Oh, did i forget this part, oops, silly me -
"Kono Foundation Previous Chairmen:
· Mr. Junzo Kosaka, 1st Chairman, also founder of Shinano Bank (now Mizuho Bank).
· Mr. Zentaro Kosaka, 2nd Chairman, Japanese politician who served as labour minister and two times as foreign minister, who opened diplomatic relation between China and Japan.
· Mr. Tokusaburo Kosaka, 3rd Chairman, CEO and Chairman of Shin-Etsu, Japanese politician who served as transport minister and minister of economic planning.
· Mr. Kenji Kosaka, 4th Chairman, Japanese politician who served as education minister."
It's all about 'LEVELS' ladies and gentlemen. . . . .
GLA
Yummmmm, lovely coffee -
"Chairman of Japanese Kono appointed as Director
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that it has appointed Mr. Kotaro Kosaka as a non-executive Director of the Company.
About Kotaro Kosaka
Mr Kosaka holds a Master's Degree from Stanford University (USA) as well as a BA Degree from Keio University (Japan). Following 13 years in management roles with Mitsubishi Corporation, Kotaro has focused on his chairman role of Kono Foundation, originally founded by Mr. Junzo Kosaka, also the founder of Shin-Etsu (41 Billion JPY market capitalisation and leading semiconductor manufacturer listed on the Tokyo Stock Exchange)."
It's a 'climate crisis' - no one can slow the change down!
GLA
Wake up, smell the coffee -
"Japan Aims for Sixfold Increase in Hydrogen Supply in 2040"
https://www.nippon.com/en/news/yjj2023040400096/
Do have fun absorbing relevant info genuine holders!
GLA
The part that you all need to understand is that there are two sets of lawyers and two sets of advisers involved here, all of which will have agreed a path to follow for the conclusion of the asset sale under the respective NDA's.
If we don't receive information it is because that is what the lawyers and advisers have told the company to do at this stage!
GLA
Perhaps the slow down has been due to waiting on the G7 decision, it's highly feasible due to Sakhalin being part of what Eurasia will roll into next......EUA V.2.0 -
"Eurasia v2.0: Hydrogen Summary"
https://www.eurasiamining.co.uk/investors/presentations
Don't worry cupcakes, i'm always here to help those of you who clearly struggle ;)
GLA
Now, try boring me with something else -
"In 2024, a pilot production of 16 thousand tons / year will be launched to supply hydrogen to the Asia-Pacific region as well as domestic consumption - Neftegaz
Eurasia Mining PLC has long been involved in the production of palladium, platinum and other resources in the Urals and the Kola Peninsula and has now decided to expand its presence in the Murmansk region and enter Sakhalin"
https://globuc.com/news/uk-based-eurasia-mining-plc-to-produce-hydrogen-on-sakhalin/
Some peoples posts on here have a similar effect as watching paint dry........yawn!
GLA
My young nephew can even figure this stuff out lol -
"Tokyo-based Sakhalin Oil and Gas Development Co (SODECO) is owned by the Japanese government and private sector. SODECO is jointly funded by Japan Petroleum Exploration Co, Japan National Oil Corp, Itochu Corp and Marubeni Corp."
https://www.tagmydeals.com/Company/Details/13310
GLA
Anyone can figure out that the Sakhalin Hydrogen venture is safe for similar reasons -
"Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap
Citing energy needs, Tokyo won exception to rules binding G-7 nations"
https://www.wsj.com/articles/japan-breaks-with-u-s-allies-buys-russian-oil-at-prices-above-cap-1395accb
Japan is an isolated Island, it has to get it's resources from whatever available sources there are, Sakhalin being very close by.
GLA
The good thing about genuine holders is that they have their own eyes to look and decide, imagine that if you will!
Still working away, even in freezing weather conditions -
https://apps.sentinel-hub.com/sentinel-playground/?source=S2L2A&lat=59.52269667509928&lng=58.957786560058594&zoom=13&preset=1_TRUE_COLOR&layers=B01,B02,B03&maxcc=20&gain=1.0&gamma=1.0&time=2022-10-01%7C2023-04-03&atmFilter=&showDates=false
License movements on the Russian system also says the same thing, work is very much continuing in the background.
Keeping the lowest profile i've ever seen, probably on the advice of UBS and all other third party advisers involved here.
Don't stress too much, the banks are still here, that's the BIGGEST indicator! Any change to the agreement with Citic Merchant would have to be communicated to the market, in all circumstances, conflict or not.
GLA
"Blindly listening to what the western news outlets have to say, would be like listening to Mac (no offence intended) and believing everything he said." - That's the most amusing comment ever tbh. All i ever did was share RNS info.
The facts remain, if there was any material change to the sale process then the market would have to be informed.....AIM rules young un lol
GLA
"Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap
Citing energy needs, Tokyo won exception to rules binding G-7 nations"
https://www.wsj.com/articles/japan-breaks-with-u-s-allies-buys-russian-oil-at-prices-above-cap-1395accb
GLA
Still working away, even in freezing weather conditions -
https://apps.sentinel-hub.com/sentinel-playground/?source=S2L2A&lat=59.52269667509928&lng=58.957786560058594&zoom=13&preset=1_TRUE_COLOR&layers=B01,B02,B03&maxcc=20&gain=1.0&gamma=1.0&time=2022-10-01%7C2023-04-03&atmFilter=&showDates=false
License movements on the Russian system also says the same thing, work is very much continuing in the background.
Keeping the lowest profile i've ever seen, probably on the advice of UBS and all other third party advisers involved here.
Don't stress too much, the banks are still here, that's the BIGGEST indicator! Any change to the agreement with Citic Merchant would have to be communicated to the market, in all circumstances, conflict or not.
GLA
The ones who said they were doomed simply don't understand true economics. Quite often people with an opinion far larger than their intelligence.
When the dust eventually settles after the conflict ends, the World will already be far different imho.
GLA
It's not over for the US by the way, they just have to change their system to a great extent and utilise the third main worlds PGM and battery metal cluster which resides on the US and Canadian border.
If you were to project a country being left out in the dark in this revolution then it would be the UK as it has little relevant resources. It would have to go for a slice of the US and Canadian border pie at this stage, due to blocking itself out from Russian supplies and the like via sanctions.
GLA
Here, have a listen. What do you think happens when China buy Eurasia's assets? Sinosteel have been here a very long time now, don't you agree?
https://twitter.com/disclosetv/status/1641379881471598593?s=20
GLA