Member Info for mac4671

Everest, certainly appears that way. They would have to time it very well due to the current company position.

GLA

Ah, there we are, dual listing rumour was true then, but, like i said those things get RNS'd before happening. It would be beneficial i imagine, there must be some good interest from people who use the Moscow exchange by now in Eurasia.

GLA

Certainly royalty payments i would imagine Monkey, it would be a nice little stream for life that one tbh.

Looking forward to the details coming out to see what they've managed to get in place through this very long asset sale process.

GLA

No problem Martingw, this is the part that tells you that is the case -

"As further announced on 15 June 2021, Monchegorskoe LLC was created to hold the licence for the Nyud open pit PGM and battery metals deposit ("Nyud"). Eurasia's 100% subsidiary Yuksporskaya Mining Company / Yuksporskaya Gornaya Kompaniya ("YGK") has signed a notarised agreement with Rosgeo group company pursuant to which YGK will become a 75% shareholder in Monchegorskoe LLC after the licence for Nyud is transferred from Rosgeo to Monchegorskoe LLC. Pursuant to the terms of this agreement Eurasia, through YGK, will also have a right to acquire Rosego's 25% shareholding in Monchegorskoe LLC upon the completion of a JORC Code compliant competent persons report ("CPR") on Nyud.

Additional drilling has recently been completed on Nyud at Rosgeo's cost and Eurasia has engaged Wardell Armstrong International in relation to Nyud to among other things:

· Audit the quality assurance and quality control procedures;

· Review the block modelling and open pit optimisations; and

· Prepare CPR under the JORC Code."

Additional drilling at Rosgeo's cost and Wardell Armstrong are doing the CPR under the JORC code.

This map of Richard's shows us all where the recent drilling has went on at Monchegorsk, all of the green cross hairs are the recent exploration holes, you'll see a few at NYUD which is the first Rosgeo JV license heading our way -

https://twitter.com/RichardDugdale3/status/1462747109258575885?s=20

Hope that helps, all the best to you!

GLA

Sorry green boxes, but, we have absolutely zero need for any of you, off you go now -

"The Directors are delighted that we are advancing several transactions concurrently."

"while also focusing on other strategic options that are progressing well"

No, absolutely nothing negative to see anywhere tbh.

GLA

RNS Number : 4957Q
Eurasia Mining PLC
28 October 2021

Summary Highlights:

· 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".



James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "We are advancing our development projects to production, increasing production on our operating mines adding value to Eurasia, while also focusing on other strategic options that are progressing well".

They don't like the FACTS, that's why they don't like the copy and paste lol

Koka Kola's all round!

GLA

Long time BaceFook, only started running again 5 weeks ago lol Going to improve over winter and hopefully do a couple next year for charity. Should have plenty time on my hands when these asset sale details finally arrive.

GLA

They're doing the JORC's as the licenses progress, so, when they land it will be with JORC info. Due to the JV system Eurasia can utilise Rosgeo to do any necessary drilling work etc as the licenses go through the transfer process.

GLA

Interesting to come back to the shorter's nonsense on here. Someone has already rightly stated it i see, no one cares about any of your opinions, it's like constantly having to read something a 5 year old would type.

That is why you're all green binned lol

Kindergarten isn't here, do move along back to your sand pits or something.

GLA

Triggered, brilliant, i do aim to please in these attacks they try.

Every time one of them posts i go to wipe the green smudge off my screen but remember that i green binned them.

Squashed little bugs, bless them and their insignificant noise.

GLA

JORC to come, final stages of the M&A asset sale process are happening, WK just completed a season with 3 wash llants in place. Wk flabks license landed, MT flanks app looks to have been put in for NKT extension.

All to play for and any news can arrive at any moment.

GLA

I would agree with the MM suggestion, something appears a miss just prior to an RNS landing.

Is 4 weeks an ok timeframe to get the sale contracts done?

That's how i look at it, what is the ok timeframe to have things done by in the present covid situation etc. It can't go on forever, it has to end at some point.

GLA

Report and green bin Fran Bojangles and associates for the win.

Easy peasy.

You keep creating those new accounts, i've got a nice big bin ready for that kind of trash.

GLA

Indeed Dave, 'the buyer'. Not the perhaps, not the just looking, not the 'well we'll have a think about it, THE BUYER is specifically stated in official RNS.

Tick tock, tick tock. . . . . .

GLA

Algerianexpats, best of luck with yours and many other peoples top ups.

I fully agree, it'a just a matter of time here!

GLA

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

All associated with Fran Jobangles, all proven over the weekend. That is why the poor dear needs to keep creating new accounts, as the poor dear knows that they keep being green binned,

Another for the bin!

GLA

Just for reference, Polyus has a link to the exchange that Eurasia were scheduled to present at, coincidence? Who knows -

"Polyus was founded as Polyus Gold (Russian: ????? ??????) in March 2006, as a result of a spin-off from the gold assets of Norilsk Nickel.[8]

In May 2006, shares of Polyus Gold were admitted to listing and trading on the Russian stock exchanges RTS and MICEX (both of these later merged to form the Moscow Exchange). In December 2006, ADRs of Polyus Gold were listed and admitted to trading on the London Stock Exchange.[9]"

https://en.wikipedia.org/wiki/Polyus_(company)

Perhaps a prat sale part share deal? Again, who knows, but, we'll all find out when the details come out!

GLA

Just look under the 'team' tab on the eurasia website, Polyus is Norilsk's gold mining arm -

https://www.eurasiamining.co.uk/about/team-2

GLA

Now remember how successful Norilsk are, the naysayers would have you believe there could be a negative spin here, if so, why would 2 of Norilsk's ex best arrive at Eurasia? Why would one of them get the Chief Executive Officer position here at Eurasia?

None of their nonsense ever stacks up, not even in the very slightest!

GLA