Member Info for mac4671

The reason i say a Rosgeo JV is because the one we currently have just came out of the blue. No application was ever RNS'd, we simply received an RNS stating there was a JV for the rest of the Monchegorsk area. No app has been put in for Volche, nothing has been RNS'd to state that has happened, so, logically, from everything we currently know it has the greatest chance of landing via another Rosgeo JV. That's my thinking on it and there's a hunch that we could find out soon with all of the rest of the info we've been waiting on.

We'll just have to wait and see however, they currently have enough on with sales and the current Rosgeo JV.

The market has never knew how to price Eurasia, it would have even less of a chance if all old resources just dropped back into play lol

GLA

The easiest way of looking at things . . . . . WK was an old Anglo JV area which Eurasia has got back, MT was an old Anglo JV area which Eurasia has got back, Volchetundra was an old Anglo JV area which Eurasia were looking to get back at the end of 2019.

Chances are that it's to come via another Rosgeo JV, i don't know why, but, that's my gut feeling on it. The JV gives the gov good control over things coming online when they want them online you see.

GLA

It was in RNS long before Rowka arrived casaeurasia -

"The Company would also like to highlight further regional potential specifically in the Volchetundra Project, previously operated by the Company under a Joint Venture with Anglo American from 2004 to 2011, and subsequently surrendered to focus on the Monchetundra Project. Volchetundra occurs 5 km from Monchegorsk. This high palladium deposit now becomes of interest given the recent price appreciation in palladium and the future price outlook. Palladium prices through 2011 averaged less than $600 per ounce. The Company's database of proprietary information including 12,000m of drilling will be compiled in due course to reassess the projects future potential development. If the Company did want to explore this project again, it would have to re-apply for the relevant licences and there can be no guarantee that they will be granted."

GLA

No problem Wontongue. It's all in RNS to be fair, it's just knowing where the info is and understanding how it applies to the asset sale case and Rosgeo JV asset acquisitions. It reads as selling WK and MT and buying NYUD as the first Rosgeo JV asset so far tbh.

GLA

How do we know Monchetundra is going as a minimum, well, because we were told, just not directly-

"All existing non-disclosure agreements interested parties have already signed with the Company in relation to the potential acquisition of the Monchetundra asset remain valid."

GLA

"Mac - Do you know if we have re-applied for the Volchetundra licence? I recall it being mentioned in a RNS that it had lapsed so we could concentrate on Monchetundra back then." - See original post, that's what we all know, that they were looking at it again. Could go into another Rosgeo JV perhaps, who knows at this stage. What we do know however is Monchegorsk is going to production, NN activity and the wider gov activity for Murmansk tells us all that. So, chances are very likely that Volchetundra is going to come back into play as it's under Eurasia's first mover advantage with having already explored part of it years ago during the Anglo JV days.

GLA

NDA's, that's why they must be over come Monday and the investor presentation. There has been Radio silence throughout, all due to break on Monday.

GLA

When the JORC's land for the Monchetundra area and we're all drooling at the millions of ounces there, just sit back and think well, what is they get Volchetundra back and orchestrate a similar plan there. Volche is X amount times larger in land size than Monche -

"Exploration Update - Kola

Eurasia is pleased to announce the results of its 2009 drilling and exploration programme, comprising a comprehensive analysis and interpretation of its Monchetundra (36.2km2) and Volchetundra (210km2) platinum group metals (PGM) projects, located on the Kola Peninsula in north-west Russia. Both licences are held in Joint Venture with Anglo Platinum as a 40% shareholder."

https://www.lse.co.uk/rns/EUA/exploration-update-kola-lm3av5onl7erthw.html

A very basic calculation would give you 200 divided by 36 = 5.56. So potentially 5 times the amount of resources at Volche.
There are clearly far more factors involved, but, it gives you a good idea of the multiple resource potential.

GLA

Well that's it Arsenalles, the potential here is pretty crazy tbh. Among majors has already been quoted by the BOD and they know fully well what the SP is of the majors out there. From here to where? That's what is always on my mind as the company goes from strength to strength with its resource base.

If they take Rosgeo JV assets to production alongside the MT + Flanks buyer, then they will have a strong income stream for doing further exploration at Volchetundra and brining mining rights into play there. There is a clear logical plan which could easily be put in place.

It would all be beneficial to everyone also, the Russian gov, local Monchegorsk community, Eurasia and any potential asset buyers of the future. Eurasia could be the junior who gets the assets ready for production and majors simply buy them at the appropriate times and take them to production. We would get multiple lump sum dividend payments over this decade and also royalty payment streams if they stick to the asset sale formula and also have a couple of large open pits in production for ourselves.
The area is too large for one company so multiple will ultimately arrive there at the end of Volchetundra being fully online.

There are also other assets in the Urals that Eurasia could do similar with.

GLA

I enjoy them attempting to slate me Arsenalles, it's like having my very own extremely odd fan club lol

I also read the info multiple times, it's the only way to get comfortable with the larger picture at play here. Keeping it in circulation reminds myself just how large this could all go also, it's easy to forget about Volchetundra in the asset sale and Rosgeo JV hype.

This really could just be the start of far larger things for Eurasia mining!

GLA

At the back end of 2019 we were here -

"To summarise, as per the information from the Russian Cadastre:

·; there are potential resources within the existing Company licence and the flanks application of c.15M oz. This includes Eurasia's current state approved reserves and resources of c.1.9million ounces (see the Company's Resource Statement, announced 15 June 2017) and c.13Moz detailed in the Russian Cadastre;

·; additional potential resources occurring within 5km of the Monchetundra Mining license and areas neighbouring the Company's deposits of c.4M oz; and

·; additional potential resources within the wider Monchegorsk district in which the Monchetundra license is located of c.21M oz.

The potential for the area could be 40M oz of PGMs, but as stated above this data has not been independently verified by Eurasia and other than the area covered by the Company's existing licence the Company does not yet have any other licences in the area"

That's what the JORC, recent drilling and putting everything into a larger DFS is for. Prove everything up and have it all ready with a thorough mining plan in place.

That's on what we've got current first mover advantage over, but, there is also this asset they could possibly go back to -

"The Company would also like to highlight further regional potential specifically in the Volchetundra Project, previously operated by the Company under a Joint Venture with Anglo American from 2004 to 2011, and subsequently surrendered to focus on the Monchetundra Project. Volchetundra occurs 5 km from Monchegorsk. This high palladium deposit now becomes of interest given the recent price appreciation in palladium and the future price outlook. Palladium prices through 2011 averaged less than $600 per ounce. The Company's database of proprietary information including 12,000m of drilling will be compiled in due course to reassess the projects future potential development. If the Company did want to explore this project again, it would have to re-apply for the relevant licences and there can be no guarantee that they will be granted."

With MT they have the blue print of how to explore and get Volche ready for production and we all know just how critical these minerals are at the moment with COP26 having just finished. They can't make the switch over to clean without the required metals, that's where Eurasia Mining are very important, along with Rosgeo, the Russian Gov and all else who are working hard to bring everything online over there!!

GLA

How many new monikers have appeared here this week.

Always a good sign of big news inbound, us LTH's have seen the same act many times now.

It's pretty amusing that all some of the naysayers have left is to try and suggest M&A steps are not as they are lol

We know when DD occurs, we also know fine well the small steps left after its successful completion, all timed to perfection for Monday's investor presentation.

GLA

You're very welcome consdoms, ouzo and others.

All the best to you!

GLA

Oh dear, did you even read what you copy and pasted here?. Market update, it tells you what types are in attendance in what you copy and pasted, investment funds and tells you that there are meetings between investors and companies, companies will therefore need to present an appealing investment case, without one it would be pointless attending.

GLA

Did someone really just ask that?. Another for the bin, they're getting desperate, true colours are really showing at this stage!

GLA

They were stupidly cheap GAZALA69, i knew the market had missed Eurasia's clear potential at the time. Once you had done research on the old WK and MT areas they had in the Anglo JV days and understood that they were simply going back to those areas, the investment case was very straight forward. Paris agreement in 2015 setting the demand scenario up for the green metals that the assets contain and the rest is history.

Don't get me wrong, it did take quite a lot of initial research to find Eurasia while looking for suitable companies that would potentially come online for this industrial revolution. I'm very glad i spent the months i did doing so however, very glad indeed.

All the best to you and all of the other genuine holders, i'll see you in the morning for more Eurasia fun!

GLA

GD and TDT were the only two bots back in those days, the only one that presented anything half thought provoking was TDT tbh. All others since have been very lame in comparison to TDT.

A long time before this board was as busy as it is now, prior to the bank RNS of 2019 there were about 10 regular posters here maximum.

Strange to think that the 0.2's dip was almost 4 years ago now, where has that time gone? It really does fly by tbh!

GLA

Here selecta, where were you on the proper dip? lol

mac4671

Posted in: EUA

Posts: 5,448

Price: 0.275

No Opinion

RE: the future25 Jan 2018 17:16
Ohhhh yes, it is all coming together nicely!!!. Buy as many as you can at these bargain basement prices i say!

mac4671

Posted in: EUA

Posts: 5,446

Price: 0.225

No Opinion

RE: the future30 Jan 2018 12:43
You still for some bizarre reason just don't get it do you GD. WK is worth more than the mcap with ZERO value factored in for monchetundra and the tailings and so these short term sp fluctuations are pretty much irrelevant.

Thank You Eurasia you've been truly EPIC!

Yes that's right selecta, i was loading these bad boys up in the 0.2's of a penny. Don't be too sour!

GLA

It's a big investment event, they have to have an investment case to put forward, that can logically only come from the Rosgeo JV -

"The Moscow Exchange International Forum is the largest platform for dialogue between representatives of the government, financial regulator, Russian public companies and the international investment community.

The Forum helps to improve the perception of the Russian financial market abroad and to increase the interest of global investors in Russian issuers and the Russian stock market.

In parallel with the sessions of the forum, meetings of the management of public companies with international and Russian investors are traditionally held. This year, such meetings are held with the support of Sova Capital.

The Moscow Exchange has been organizing investment forums since 2009 and holds them in the world's largest investment centers - Moscow, London, New York and Shanghai.

Since 2020, all events of the forum are held online."

You get the feeling that NYUD landing is also to be announced prior, setting the Rosgeo JV investment case up ready for Monday.

GLA

Doubt what hawkesbay, the Rosgeo JV part?. We don't currently own any JV assets at present and you can only sell what you own, therefore, there has to be a plan for them. The most logical thing right now is a RNS for sale details for WK and MT + Flanks and plans going forward with the Rosgeo JV, the Rosgeo JV investment case being the bulk of Mondays presentation.

GLA