Member Info for mac4671

Dec 21st the DFS was submitted for approval. The green box get more desperate as time passes because news of its approval draws closer with each passing day.

And easy wait.

I hope all are well!

GLA

That's all there is at this stage for genuine shareholders, oh, and to laugh and the nonsense spouters.

DFS complete, NYUD license is with our JV partner for our Monchegorsk side of things, and WK has a working dragline in place for more efficient pay dirt collection.

An easy and pleasant wait.

Roll on DFS acceptance!

GLA

It's coming online. For us it is just a matter of time!

GLA genuine holders

Licenses are being worked out, DFS is complete and waiting for approval. There's isn't anything not to like with Eurasia's company growth strategy.

It is but a simple waiting game!

GLA genuine holders

Things always progress here, just, often take a little longer than you originally anticipate. It's a very large district at Monchegorsk and so requires a lot of work to take it all into production the right way. DFS and a sale of part or even whole is a strategic part of that district moving back into production.

Most will notice how much NN has to do in the area themselves to get things ready, it's a lot of work!

GLA

Indeed, there's always a nice revealing snippet in what they drop.

GLA

Know that the BOD and team work very hard at Eurasia. Even when news is silent there is a lot of work going on in the background.

How many billions worth of metal at NYUD?

Eurasia only ever grows!

GLA

Oh, what will the doom mongers try next lol

GLA

Nice to see, it's been a while lol

GLA

That's the equation for any real investor here.

Do have a good day!

GLA

NN's options are indeed limited to Russia now largely, but, being a neighbour at Monchegorsk it was always likely that they would move for anything Eurasia has there after the initial work like DFS etc has been done.

The odds have increased that they will take, but, with citic merchant here they would probably have to outbid the chinese for assets, or, establish some form of JV with them.

It will be very interesting to see exactly what happens with Monchetundra which has been under NDA's for a very long time now!

GLA

All professional third parties are still here, they've been here a long time on a success fee basis ladies and gentlemen. They will want to be paid, that means success will prevail in order for payment to take place. Always remember that here!

I hope all genuine holders are well!

GLA

West Kytlym is expanding with a dragline. Quite possibly the second dragline will ne constructed this season also, if the asset is not sold.

When DFS is accepted by the authorities either A) The details of said DFS have to arrive, or, B) The sale proposal on the basis of what the DFS states. It is a company changing event and has to be RNS'd. We can only sit back and wait for its acceptance.

GLA

For the professional team here at Eurasia to get everything done.

I've been here 6 years and have witnessed WK grow from a small pilot plant to the dragline operation that we all see there today. It's proof that Eurasia begin small and simply build a stronger company as time passes by.

DFS acceptance comes closer with every passing day!

GLA genuine shareholders, our time will come.

People like those never stand still for long, professionals looking for their next cake to get their teeth stuck into.

Good digging however, there's been some interesting stuff pop up lately.

Ref the JV assets, i wouldn't worry, the BOD here and Rosgeo know the Russian system like the back of their hand, it will come good in the end imho.

GLA

It's no biggy, no idea why all of the drama?

MT is being sold, always has been as per NDA's in FSP. NYUD and anything JV related is separate, clearly aimed at coming into play once MT goes. They would still need to DFS NYUD etc prior to sale or taking them to production, you still need to ensure that any asset is financially viable at the appropriate stage.

Remember, it's Rosgeo who run the licenses there, a gov body and there are a few parts of various mining systems currently being changed over there.

ERDC gives legal cover to ALL Monchegorsk assets, we just need to be patient!

GLA

It has been MT for sale under NDA's since day one when the FSP begun. The appropriate DFS tells any buyer whether the asset is financially viable to take on or not, thus allowing a binding offer to arrive. At this stage you can only presume that the arrival of said offer will be at a sign of the DFS being accepted by the relevant authorities.

There will be no issues if it's a BRIC's buyer, or, even a buyer from somewhere that has requested to join, like Saudi Arabia for example.

GLA

The new dragline is shifting over there as we all wait to hear bout the asset sale details.

BRICS is the word and i've heard that BRICS requires a crazy amount of green metals over this decade!

GLA

Then we'll all see what the next move is. Happy to wait now that the large asset assessment work has been done.

GLA

They'll invest into the Rosgeo JV assets, taking them to DFS level and then either production, or, sale similar to the ongoing MT sale.

They're at Monchegorsk for a very long time, the recent new license application there points to that. Circa 9 month minimum for an application to run through their standard process, we'll all see if the ERDC agreement makes any difference to it all. Then, they have to prove things up to DFS level to arrive at the decision to take an asset to production or not. DFS is the only way to figure out if the asset if financially viable to develop or not, so, they have to run through the process for all assets in all scenarios.

Of course, there is also the scenario where the Ukraine situation could begin to be resolved and the geopolitical situation calm down somewhat also, something we all hope for to be fair.

GLA