Member Info for mac4671

DD complete a few weeks prior to the event, it's quite clear what is happening tbh. They only had the sale contracts to finalise and draw up for the asset disposals. They're clearly timing everything exactly how they want things to go, WK flanks today, further news some time this week ready for the presentation from our 4 BOD heavy weights on Monday.

It's a big deal when 4 of them are in attendance. It must be to do with Eurasia 2.0, our Japan man is in attendance, so, we should find out exactly what the scenario is with our Japanese arm as well.

I suspect at least part of the Rosgeo JV is being taken to production by Eurasia and the plans of which will be revealed at the presentation. Sale details and plans going forward will be RNS'd prior, leaving them open to discuss everything at ease i would think.

This is their first public appearance in a couple of years remember, prior to all of this sale carry on they were in interviews regularly and posting on social media etc. It's a big change and can only really be due to a conclusion occurring.

GLA

The questions would be relentless to them if the info was not out. There are a lot of us who are patient, but, there are others who are not quite as much and they would bombard the 'ask a question' button, it would get bashed more than the keys of a green boxes keyboard tbh -

https://forum2021.moex.com/

It has to be RNS'd before then, i can't see any way they could do it otherwise. NDA's would have to be out of the way also, which, also means the info has to be published.

Very exciting week this one, i have to admit!

GLA

It has to come to us in RNS first i believe PostmanPorsche. They will have to structure things so the buyer and seller kind of announce at the same time i would think, potentially quite large RNS at both sides of the equation for shareholders to go over.

EGM for us to vote the disposals through as well.

GLA

Fully agree Oranolio1, it's a big investor event that's running so they have to have something pretty big to present to grab some attention. You can't do that from behind the walls of NDA's etc.

The Eurasia slot will clearly be hit by many questions from some LTH's as well, it would be carnage if the bigger details were not already out before Monday imho.

Eurasia 2.0 presenting seems most logical at this point.

GLA

No no B1ll, i just green bin people.......watch......away you go lol

Monopolise a bb, dear me is the new line?. I think it's beginning to be quite clear who the ones are who run multiple monikers if i'm honest.

Have fun in there with the rest.

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.

Feet up and very relaxed, the main work has been done. Grab a Koka Kola and relax!!!

GLA

That investor show kicked off today -

Any Russian speaking is joined by English translation:

"METALS OF A NEW ("GREEN") FUTURE"

https://forum2021.moex.com/

You can skip the vid to that part now that it's no longer live.

Not watched it myself today, just letting you know that it's all fully underway.

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

They're clearly paid to do it Bergcarls, there is no other reason at this stage. The gig is up, Eurasia keep delivering time and time again. Not really sure what they hope to achieve by posting nonsense on here, no one listens and they just get green binned.

GLA

E

Always increases on the run up to big news, we've seen it all countless times now. They really do need a different act, it was boring the first time and now we're on to about the 15th show it's like watching paint dry lol

GLA

That investor show kicked off today -

Any Russian speaking is joined by English translation:

"METALS OF A NEW ("GREEN") FUTURE"

https://forum2021.moex.com/

You can skip the vid to that part now that it's no longer live.

Not watched it myself today, just letting you know that it's all fully underway.

GLA

You'll have some trying to trade a little, scraping the bottom of their bean tin for tiny percentages as well.

When the big news drops you have to be locked in and that can land at any moment now.

Flanks license received for WK, perhaps that is all they were waiting on seeing as DD was complete a couple of weeks ago.

Changes are going on in the background which appear to be setting up the whole transfer of certain assets, here is the example for WK courtesy of R1EX -

https://twitter.com/R1EXG/status/1460217770243723271?s=20

GLA

The same thing happens every time. They won't be able to control Thurs and Friday's FOMO demand, not a chance with what's happening on Monday.

Kick back and relax, it's a nice and easy waiting game!

GLA

Have been very busy getting a whole host of things in order -

"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."

Value creation is the name of that game!

Time is all anyone needs here, time and shares!

Koka Kola's all round!

GLA

"Thank you again to the GLTHs here who have battled through the noise and shenanigans of recent months - Ian, Tilly, GLG, CAW1, Mac4671, Saxonaxe, LovelyBoy and many others." - You and all of the rest are more than welcome RMR1969. Brilliant post by the way.

All the best to you!

GLA

"Development potential and investment attractiveness of PGM deposits (Monchegorsky ore district) are discussed. By the late 2020, the reserves of these deposits were approved based on results of a feasibility study review assessment in the State Reserve Commission and TsNIGRI approval. In current mineral market conditions (including high Pd price), the most attractive development projects are Vuruchuaivench deposit comprising 4 areas (Plast 300, Vuruchuaivench, Yuzhnosopchinsky and Arvarench), NittisKumuzhya-Travyanaya occurrence and Loipishnyun area. In terms of reserves, ore grades and proximity to processing plants, these potential mining projects are less expensive if developed concurrently. The paper presents recommendations for PGM deposit opening, development and mining using advanced mining equipment in open-pit and underground mining operations, ore conveying and processing plant tailings disposal to infill underground workings. Economic estimates were made supporting development viability of the above deposits within Monchegorsky
ore district."

"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 site Loipishnyun 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

It's massive, it really is!

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

Certainly Dealer, he's been quiet throughout the whole sale process and that was unusual for someone who we were used to seeing in various places doing interviews and the like. Christian the same, a proactive regular for Eurasia at one point.

Expected however, due to their professionalism with everything.

GLA

You all missed with all of that lame nonsense -

https://twitter.com/Share_Talk/status/1460549616903106563?s=20

See yourselves out!

GLA

Out in force they are Tilly, even if their numbers are now few.

The new angles are laughable tbh, i've sat chuckling away at their lame attempts this week and last.

All the best to you.

GLA