Member Info for mac4671

"Green energy can’t become a reality without critical minerals"

"nickel production will have to increase by 15 times."

"The simple fact is that the world will not meet its clean energy goals without dramatically increasing the supply of critical minerals. There is a responsible path forward to get this done in a way that respects social impact concerns, but it will require commitment and determination from the highest levels of government and close collaboration with the private sector."

https://fortune.com/2021/11/03/green-energy-minerals-cop26-climate-change-brian-menell-techmet/

This is why Eurasia and it's assets are extremely important!

GLA

Potential for Royalties, oh yes, royalties as well for life of mines:

Similar to the recent Sibayne situation -

"Sibanye-Stillwater said it had signed sale agreements with affiliates of funds advised by Appian Capital Advisory to acquire full ownership of the Santa Rita nickel and the Serrote copper mines in Brazil for $1bn. The company is also buying a 5 percent net smelter return royalty over potential future underground production at Santa Rita."

https://www.iol.co.za/business-report/companies/sibanye-stillwater-shares-leap-on-the-jse-after-it-signs-sale-agreement-with-brazil-for-green-metal-assets-eefea5ff-5a06-46dc-914b-49994058db4a

Another sale with a Royalty structure was done by Polymetal -

"Polymetal sold Sopka assets for a total consideration of RUB 800 million payable in cash (US$ 10 million) and 1% Net Smelter Return (NSR)."

https://www.polymetalinternational.com/en/investors-and-media/news/press-releases/26-03-2020/

I imagine anything with battery metals contained will attract the higher royalty percentage.

GLA

Sales and M&A captain -

Dmitry is renowned for leading sales in the natural resource sector -

"DMITRY SUSCHOV
Mergers and Acquisitions Officer
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, thereby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS. Dmitry has a successful track record of leading the strategic sales of companies in the natural resource sector including the sale of a silica sand mine and the second largest global carborundum production company to Indian Murugappa Group, the sale of a natural resource company to Danish natural resource fund, the sale of a gas company to a major Russian investment group and other deals."

We sail as an armada, that's why the green box canoes get destroyed en route.

The mighty Eurasia armada can not be stopped by green box canoes, they are out gunned, out maneuvered and well outclassed.

Koka Kola's all round!

GLA

Geology ship captain -

"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."

Now let's see what CSA Global is all about, you know the consultancy group he founded -

"We are a mining consulting company that provides trusted technical and expert services, training and independent corporate advice to public and private mining companies, financial and legal groups.

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/

Top of the geology pile.

GLA

Welcome back!

GLA

ESG reporting is being updated, lovely piece by non other than DLA Piper here -

"The Global Reporting Initiative (GRI) has revised its Universal Standards (the GRI Standards), potentially affecting the Environmental, Social and Governance (ESG) reporting practices and procedures of many organizations"

https://www.dlapiper.com/en/us/insights/publications/2021/11/global-reporting-initiative-updates-its-universal-standards-revisions-will-affect-esg-reporting/

GLA

So that's where the posts have gone then, they've removed a disruptor, that's a good thing if you ask me.

GLA

Rishi Sunak -

"Today I announced the UK will be the world’s first Net Zero aligned financial centre – meaning every UK financial institution and listed company must publish their plans to transition to Net Zero by 2050. "

"Over $130 trillion – 40% of the world’s financial assets – will now be aligned with the climate goals in the Paris Agreement, thanks to climate commitments from financial services firms"

https://www.gov.uk/government/news/chancellor-uk-will-be-the-worlds-first-net-zero-financial-centre?fbclid=IwAR1_9DV_heiwLSkjeTfy2m1oN_Bv8ilC_3C_epVa0_K1GIlNzWlZnnrIa8A

Have you ever heard the phrase follow the money?. Well, there is only one thing better than following the money, being comfortably in long before the money arrives!

GLA

RHODIUM in the whole complex -

"In contrast, Grokhovskaya et al. (2003) reported that hollingworthite ((Rh,Pt,Pd)AsS), as they main host for Rh, was present throughout the complex, which may indicate that the parental magma may have been unusually rich in Rh."

Sample lists start at page 297 and 'Whole rock geochemical analyses' starts on page 349 -

https://orca-mwe.cf.ac.uk/108748/1/2017karykowskibtphd.pdf

GLA

I hope you have a lovely day B1ll, i'm sure you just teased me into posting lots of relevant info tbh, if not, well it's been posted now anyway.

All the best to you!

GLA

Let's have a look at another BOD member, one who has been here for a very long time, again, a professional at the top of his field -

"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."

Now let's see what CSA Global is all about, you know the consultancy group he founded -

"We are a mining consulting company that provides trusted technical and expert services, training and independent corporate advice to public and private mining companies, financial and legal groups.

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/

It's all there for anyone who cares to look.

GLA

He has quite the resume -

"PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS"

He appears to be a genius at what he does, i think anyone who does any thorough research on him will ultimately arrive at the same conclusion.

It's all in very safe professional hands, all that is required is the time needed for them to get done what is required at the moment, then it will arrive to us to look over and vote on. Back to a relevant RNS quote from the bank RNS in Oct 19 -

"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it."

GLA

One BOD member we can focus on in particular is Dmitry, it's what he is renowned for, leading sales in the natural resource sector -

"DMITRY SUSCHOV
Mergers and Acquisitions Officer
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, thereby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS. Dmitry has a successful track record of leading the strategic sales of companies in the natural resource sector including the sale of a silica sand mine and the second largest global carborundum production company to Indian Murugappa Group, the sale of a natural resource company to Danish natural resource fund, the sale of a gas company to a major Russian investment group and other deals."

Hence why he switched to the Mergers and Acquisitions Officer role, in order to lead the whole sale and other M&A processes.

You could not have a better man at the helm of it all!

GLA

Oh and B1ll, you say you don't know what is going on behind the scenes, you do as you have been told like we all have -

"· 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."

"· 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"."

""advancing several transactions concurrently"" - That's sale contracts, that's how transactions are advanced.

GLA

B1ll, for UBS and DLA Piper a sale contract is a cakewalk, it's what they do as professionals. To say otherwise would be to suggest that UBS and DLA Piper are not the professional bodies that they are, that's technically defamation.

I'm fully open to discussion as long as it is correct and relevant discussion, trying to put holes in what is actually factual is not correct or relevant discussion B1ll.

The BOD and all of their advisers are top level professionals.

GLA

GLA

B1ll, due diligence is complete and they are advancing several transactions. Both parties are fully happy, the next stage is the sale contracts, are you ok with that?. You appear to have an issue of where we actually are and not with what i have actually written.

Correlate the relevant RNS info to the relevant M&A link and it is quite clear for anyone to see exactly where we are at with things.

GLA

All in RNS -

"· 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."

"· 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"."

We've all been told.

Koka Kola's all round!

GLA

B1ll, oh dear are we really going there? Surely you know who UBS and DLA Piper are, some things don't, or at least shouldn't, require an intricate explanation to anyone who has done some research.

And of course the thread title is, we've just been told due diligence is complete and they're advancing several transactions. Dear me.

GLA

No, there is nothing ramping in facts, the facts are just how they are, RNS backs up every post.

It's quite odd that there are some of them still around after the recent RNS stating due diligence is complete and anyone can check the M&A process themselves via this link -

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

GLA

Similar to the recent Sibayne situation -

"Sibanye-Stillwater said it had signed sale agreements with affiliates of funds advised by Appian Capital Advisory to acquire full ownership of the Santa Rita nickel and the Serrote copper mines in Brazil for $1bn. The company is also buying a 5 percent net smelter return royalty over potential future underground production at Santa Rita."

https://www.iol.co.za/business-report/companies/sibanye-stillwater-shares-leap-on-the-jse-after-it-signs-sale-agreement-with-brazil-for-green-metal-assets-eefea5ff-5a06-46dc-914b-49994058db4a

Another sale with a Royalty structure was done by Polymetal -

"Polymetal sold Sopka assets for a total consideration of RUB 800 million payable in cash (US$ 10 million) and 1% Net Smelter Return (NSR)."

https://www.polymetalinternational.com/en/investors-and-media/news/press-releases/26-03-2020/

I imagine anything with battery metals contained will attract the higher royalty percentage.

GLA