Member Info for mac4671

Sorry green boxes, we don't require your FRAUD, the experts have already looked and gave their professional opinion on things -

"Fig. 1. Map of deposits and occurrences within Monchegorsky ore district

mine/plant complex facilities explication: 1 – processing plant site with underground mine working portals, 2 –
adit 1 of Plant 330 mine, 3 – NKT mine, 4 – processing plant’s tailings pond; 5 – processing plant pump station of
reverse water supply, 6 – pump stations of technical water supply as part of mine/plant facilities, 7 – West and East
sites within Plast 330 area, 8 – Plast 330 infill complexes, 9 – Vuruchuaivench area industrial site, 10 – Vuruchuaivench pits and stockpile, 11 – underground mine at Vuruchuaivench, 12 – Vuruchuaivench complex, 13 – Yuzhnosopchinsky pit, 14 – Arvarench pit, 15 – Yuzhnosopchinsky and Arvarench stockpiles, 16 – ore crushing and haulage facilities (Vuruchuaivench, Yuzhnosopchinsky and Arvarench areas), 17 – site of Severny ramp (NKT), 18 – shafts 5 and 6 (NKT), 19 – infill complexes (NKT), 20 – Loipishnyun pit and stockpile"

Do have fun sobbing into your lunch!

GLA

Qualified, not like the green box lot -

"Conclusions and recommendations:
• as a result of the completed enlarged geological and economic assessment of platinum-metal objects of the Monchegorsk ore region, it can be argued that in modern conditions, the Vuruchuayvench deposit (with the Plast "330", Yuzhnosopchinsky, Arvarench sites), as well as the tubing ore occurrence and the siteLoipishnyun in the general GOK can be worked out highly profitably and are of commercial interest; • the facilities include the Plast section "330" with simplified access to the ore, as well as enriched with platinum group metals section Vuruchuayvench (S [Pt + Pd] ˜ 3.29 g / t, in
including Pd ˜ 2.9 g / t), which allows us to expect fast payback of capital investments; • it is recommended to carry out additional exploration of the deep horizons of the Vuruchuaivench deposit with the calculation of reserves; • assess the condition of the exploration well, which was passed to the Sopchi vein massif below Plast "330", as well as the possibility of selective mining of this vein massif using modern tunneling and small-sized equipment; • carry out a separate feasibility study of conditions for ore occurrence Nittis-Kumuzhya-Travyanaya; • based on additional data from the exploration of the listed objects, taking into account new information on the Poaz ore occurrence to develop TPP for long-term development of Monchegorsk ore region."

http://www.tsnigri.ru/magazine/RM/2021/2021_1_min.pdf

Koka kola's and treasure all round!

GLA

On their Japanese business trips?

"TOKYU HOTELS HAS UNVEILED THE WORLD’S FIRST HYDROGEN HOTEL IN JAPAN"

https://globetrender.com/2021/06/19/tokyu-hotels-first-hydrogen-hotel-japan/?fbclid=IwAR0arQsknAUBtHWgzCIGDJTYCfD8DjzmZlSzc5lr5f0VpCoO5V2-_uE11Eo

It has many applications.

GLA

For. . . "prioritized mineral centers of economic development". . . . . . Kola

NKT and NYUD from some years ago. They've been exploring the area for years now tbh -

"Department performance for 2014-2018

Feasibility studies and scoping prefeasibility studies were completed for development, geological study and mining operations at the following deposits:

NKT and NYUD PGM occurrences, Monchegorsk ore district, Murmansk region, JSC Severo-Zapadnoye PGA.

Federal contract execution

Federal contract “Work on investment projects of prospective precious metal and other nonfuel mineral deposit geological study within the prioritized mineral centers of economic development”."

A dead cert for a very long time to be fair ; )

http://www.tsnigri.ru/en/otdel-geologo-ekonomicheskoj-otsenki-mestorozhdenij.html

GLA

Murmansk itself looks fully set to be Russia's green energy capital tbh -

"ANDREY CHIBIS DISCUSSED WITH FFI REPRESENTATIVES THE POSSIBILITY OF PRODUCING GREEN HYDROGEN IN THE MURMANSK REGION"

"TODAY THE ARCTIC AND THE MURMANSK REGION IN PARTICULAR ARE THE TERRITORY OF INVESTMENTS. THANKS TO THE SUPPORT OF RUSSIAN PRESIDENT VLADIMIR PUTIN AND THE FEDERAL GOVERNMENT, UNIQUE INVESTMENT CONDITIONS AND TAX INCENTIVES HAVE BEEN CREATED."

https://invest.nashsever51.ru/list_item/news/andrey-chibis-obsudil-s-predstaviteliami-kompanii-ffi-vozmozhnost-proizvodstva-zelenogo-vodoroda-v-murmanskoy-oblasti?fbclid=IwAR1L9iUKdXIfkYcckMYUv8RzKM3cUmXtFwwXfRPSkOLsQMXKQH0RNr1xgiI

It's a huge area of interest at the minute, bit plans for that area of Russia.

GLA

Yes Mike -

"interim dividend for the nine months of 2021 in the amount of RUB 1,523.17 per ordinary share (approximately USD 20.93 at the RUB/USD exchange rate the Bank of Russia as of November 22, 2021)"

They'll have done well with the high metal prices and will be set to continue due to all current and future demand forecasts.

It makes perfect sense that they would go for Eurasia's Monchegorsk assets tbh, always did, it was just a case of 'will they beat any competition?'. FSP will have been highly competitive imho, hence why it went on for quite some time until moving forward with 'the buyer'.

News to confirm would be handy and time around now would be nice lol.

We don't know 100% however, it's still just the best educated guess at this stage realistically.

GLA

Could be to tease us that TheBeastofBodmin, part cash and part NN share deal?. That's quite the dividend, almost $21 a share!

They're clearly still very much going strong even though they had some set backs at one point.

GLA

Same one that's in the tweet link of the first post on this thread lovelboy, you can clearly see NN's direction forward from it.

Lower transport distances, lower emissions, buy assets close by . . . . . . . . . i feel it's quite clear at this stage, they're putting in a lot of work at Monchegorsk right now. Wagon logistics, new rail infrastructure, ESG audit earlier in the month etc. You don't do all of that unless there is something big about to happen!

GLA

This is very big tbh, with their Kola MMC branch being only a few km from Eurasia's Monchegorsk assets.

For greater ESG compliance you would want assets close to your facilities, reducing transport emissions etc. Eurasia's MT fits that straight away, DFS done and it's ready to go straight into production in the most sustainable way possible.

GLA

New green box, yes they were part of the consortium which took over Federova Tundra you fraud. Kola MMC, their Monchegorsk branch, is clearly listed in relevant sources naming some consortium participants, even the governments rostec was involved.

Another new account to show just how much of a fraud you are!

GLA

Setting up ready, big month for them -

"Kola MMC became the first company in Russia to pass an audit in accordance with the Responsible Minerals Initiative ESG Standard. The company has confirmed its status as a responsible supplier of minerals and finished products.
From November 9 to 12, at the Kola MMC in Monchegorsk, a sustainability audit was conducted in accordance with two standards: JDDSRMI (Join Due Diligence Standard) and RMI ESG Standard (Responsible Minerals Initiative ESG Standard). It was conducted by TDI at the request of the Responsible Minerals Initiative.

- Passing audits allows us to show customers that products - metals or semi-finished products - were produced in full compliance with national legislation, labor protection, industrial, fire, and environmental safety. In addition, the due diligence system is being checked, that is, to what extent the raw materials are legally supplied to the Kola MMC. Compliance with ESG principles (responsible attitude to the environment, high social responsibility, high quality of corporate governance - ed.) Determines who will buy the products and at what cost, '' Vyacheslav Chaly, head of the sustainable development department of Kola MMC, told Kn51.

The past audit did not reveal critical points to which you need to immediately respond. The work on the elimination of comments and implementation of the recommendations will be carried out after the receipt of the final report. Then Kola MMC will appear on the Responsible Minerals Initiative website as a worthy supplier of minerals and finished products with a corresponding certificate.

Obtaining this document will reduce the number of audits conducted in the future, because buyers will be able to make sure that the work of Kola MMC is in accordance with ESG principles thanks to the certificate.

- The Responsible Minerals Initiative ESG Standard has just been released. In the world, only a few companies have been audited on it; in Russia, Kola MMC became the first. We will annually confirm our status, - emphasized Vyacheslav Chaly."

GLA

Nov 29th capital markets day looks to be big for the change -

https://twitter.com/NornickelGroup/status/1463765602280038401?t=yxmsppNDtoxNYpahcSX-3A&s=19

Handy that they have their ESG setting up in Monchegorsk isn't it!

GLA

Due Diligence is DONE - The clock is ticking - executing a final contract for sale!

Always good for getting under their skin......

"M&A due diligence – Due diligence is an exhaustive process that begins when the offer has been accepted; due diligence aims to confirm or correct the acquirer’s assessment of the value of the target company by conducting a detailed examination and analysis of every aspect of the target company’s operations – its financial metrics, assets and liabilities, customers, human resources, etc."

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

Several transactions -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that we are advancing several transactions concurrently. We see competition for Nickel-Copper-PGM assets (with a similar basket of metals like ours and the assets included in our agreement with Rosgeo) increasing on a global scale".

And we arrive here -

"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"

That's all we have to wait on at this stage, they'll have their financing in place and step 10 comes after we vote on the disposals via a EGM.

All indicators point Norilsk's way, the consortium which took over Federova Tundra early last year imho.

GLA

CHRISTIAN SCHAFFALITZKY
Executive Chairman
EurGeol, FIMMM, PGeo, CEng. Christian has over 40 years’ experience in mineral exploration. From 1984 to 1992, he founded and managed the international minerals consultancy, CSA Group, now CSA Global. He was also founder of Ivernia West plc, where he led the exploration and discovery of the Lisheen zinc deposit in Ireland. Christian is also chairman of Kibo Energy Plc and non-executive director of MetalNRG.

_______________________________________

Founder of -

"CSA Global is an ERM Group Company that has been providing services to its clients across all mineral commodities and regions globally for over 35 years. Our team of geologists, engineers, mining consultants and data specialists are some of the most experienced and sought-after professionals across the mining industry."

https://www.csaglobal.com/

Can a green box provide their credentials, many of us would like to take a look lol

GLA

Let's take a look -

JAMES NIEUWENHUYS
Chief Executive Officer
James has held senior positions including Chief Operating Officer at Polyus Gold, Russia’s largest gold miner and Chief Executive Officer at South African Lesego Platinum Mining Limited. James has an engineering background and has also held senior positions at a number of EPC organisations.

Since a few green boxes ask about Russia quite often and try to paint certain things, let's look at that Russian company he used to work for -

"PJSC Polyus is the largest gold producer in Russia and a top 5 gold producer globally with one of the lowest cost profiles."

https://polyus.com/en/company/

"The Board of Directors of MMC Norilsk Nickel (“Norilsk Nickel” or “Company”) has recommended to the Company’s shareholders to approve the Spin-off of the Company’s gold mining assets, represented by Polus and it’s subsidiaries (“Polus Group”) as well as 20% investment in Gold Fields Ltd (South Africa), into a new company Polyus Gold."

https://polyus.com/en/media/press-releases/172/

Market Summary
>
Polyus PJSC
14,193.50 RUB
+9,714.32 (216.49%)past 5 years

Seems ok to me.

Can a green box provide their credentials, many of us would like to take a look lol

GLA

"*24/011/2021 UPDATE – we WON the Ground Investigation Project of the Year Award*"

https://www.wardell-armstrong.com/news/wardell-armstrong-shortlisted-for-two-ground-engineering-awards/

The BOD have delivered plenty of value, the SP is out of their control. In mining you create value by using top level third party experts to do things like JORC on the entire Monchegorsk district, when those details land the real VALUE gets seen.

This isn't a casino, this is a professional mining company with the very top advisers and third party companies working to create the bigger picture, which, will always lead to the far greater value situation.

Time, that is all that is required to allow the professionals to get their work done.

The FACTS, that is all anyone needs to pay attention to -

"· Wardell Armstrong International engaged in April for several comprehensive tasks including JORC resource audits which are almost complete and are expected to be announced shortly"

Koka Kola's all round!

GLA

Due Diligence is DONE - The clock is ticking - executing a final contract for sale!

Always good for getting under their skin......

"M&A due diligence – Due diligence is an exhaustive process that begins when the offer has been accepted; due diligence aims to confirm or correct the acquirer’s assessment of the value of the target company by conducting a detailed examination and analysis of every aspect of the target company’s operations – its financial metrics, assets and liabilities, customers, human resources, etc."

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

Several transactions -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that we are advancing several transactions concurrently. We see competition for Nickel-Copper-PGM assets (with a similar basket of metals like ours and the assets included in our agreement with Rosgeo) increasing on a global scale".

And we arrive here -

"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"

That's all we have to wait on at this stage, they'll have their financing in place and step 10 comes after we vote on the disposals via a EGM.

All indicators point Norilsk's way, the consortium which took over Federova Tundra early last year imho.

GLA

Apologies chriszzr, it was just a joke. Never seen one before, no ideas why they would even log one as it's pointless.

GLA

0 trade in MM circles means that green boxes have zero credibility.

GLA

The priority is to EXECUTE on their strategy as announced -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "While the Directors see the benefits of a Dual Listing, our priority is to execute on our strategy as announced".

____________________________________________
"Potential Sale Update" -

"· Further to the proposal (the "Proposal") from the credible party (the "Buyer") on the potential asset sale announced via RNS on 12 May 2021, the Buyer has informed Eurasia in writing that it has successfully completed its due diligence.

· As announced via RNS on 30 September 2021, since the receipt of the Proposal in May for the potential acquisition of substantially all of the Company's assets, additional interest from other parties is being considered by the Board.

· It is the Board's intention to advance several options with advice from UBS, DLA Piper and other advisers."

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that we are advancing several transactions concurrently. We see competition for Nickel-Copper-PGM assets (with a similar basket of metals like ours and the assets included in our agreement with Rosgeo) increasing on a global scale"."

That is what has been announced. Anything else is fraudulent misleading, stop being a criminal.

GLA