Member Info for mac4671

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

It's all you can do at this stage......BRIC's -

https://www.straitstimes.com/world/china-brazil-strike-deal-to-ditch-dollar-for-trade

GLA

License findings are circulating on twitter, it must really upset the green box brigade i bet. Poaz and Travyanaya from what i've seen myself......the Rosgeo JV is very much on imho

https://twitter.com/pw_lx/status/1641068182466093056?s=20

Chew on that green boxes ;)

GLA

The 10% will be interesting. We'll see if Eurasia have to pay it or not, the current structure has everything held in Russian subsidiaries and so is a Russian sale to a BRIC's entity.

It's not really a big percentage to hand over if they're allowing sales to go through smoothly in any case imho. Con people not remember all of the doom and gloom posts about Russia going to seize assets etc? Not one has been seized, all have been allowed to exit smoothly throughout!

GLA

Something else which can't be far away, perhaps a larger news drop covering DFS and Rosgeo JV will land at some point?

Wed, 21st Dec 2022

"- Definitive feasibility study (the "DFS") for the Loipishnune and West Nittis open pits has been submitted for approval.

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "We are encouraged by the progress made at both projects through the course of a challenging year. Our strategy remains as previously announced - to continue to develop our assets while working with counterparties in BRICS countries regarding the possible sale of our Russian assets, a process which we appreciate has now run on longer than the Company's management team anticipated.""

GLA

If you were in an advising bank capacity you would advise them to wait for the Nickel drama dust to settle, in order to value things as accurately as possible. Potentially the buyers side would have been advised to do so before penning any final agreement.

GLA

It may be to do with the Nickel trading drama at London, they've only just started trading it again properly. When not traded there was no real price to peg it to perhaps, therefore no accurate way to value a Nickel filled asset like NYUD for example -

https://www.mining.com/web/lme-nickel-finally-returns-to-regular-trading-hours-after-crisis/

We know our PGM's are traded at a slight discount to London's prices, battery metals would be similar imho

GLA

If sanctions affected Eurasia, all they could really do is cease its trading on the LSE. Most of the sanctions are simply stopping Western parties from being customers, that is all, the entire BRIC's network is still very much able to buy whatever it pleases from any Russian company.

Take India for example when all of the Oil sanctions began, the West stopped buying and India simply took the opportunity to get a secure supply line of Oil.

The demand characteristics of the revolution which has formed creates the situation where there will always be customers for Eurasia's ESG battery metals.

GLA

All companies holding assets are Russian, therefore all trading with assets is all Russian. A Russian company can do as it pleases, it is entirely free of any sanctions.

GLA

Rosgeo JV assets are in the wider district mining plan, it was all started far sooner than any conflict began. The entire thing is also BRIC's related, there is no West connection other than the umbrella shell trades on the LSE.

GLA