Member Info for mac4671

Production volumes from flanks and Roageo JV to be announced -

"· Phase One annual metal production has now been calculated to be equal to 128 Koz of palladium equivalent, over 70% higher than the volume projected in the FS. This production volume does not include Monchetundra Flanks and Rosgeo JV projects which will be separately announced"

Rosgeo JV JORC to be announced shortly -

"· The financial position of the Company is sufficient to accomplish its commitments in relation to Rosgeo JV, where a JORC resource by Wardell Armstrong is to be announced shortly"

These are a couple of extra BIG news drops which can come at any stage now, and there's the asset sale details to land as well.

Very exciting time to be a Eurasia shareholder!

GLA

"including the upcoming acquisitions of Nyud, Moroshkovoe and other significant Rosgeo JV PGM and battery metals open pit deposits"

For current potential Rosgeo JV marked areas, we currently have -

1: Vuruchuayvench, Arvarench plot - https://efgi.ru/object/3117078
2: Vuruchuayvench, Plast "330" area - https://efgi.ru/object/3117080
3: Vuruchuayvench, Vuruchuayvench plot - https://efgi.ru/object/3117079
4: Yuzhnosopchinsky - https://rfgf.ru/gkm/itemview.php?id=38851
5: Nyud-Moroshkovoye - https://rfgf.ru/gkm/itemview.php?id=53232 - Currently in the process of gaining the license.
6: NKT (Nittis-Kumuzhia-Herbal) - The rest of it that we didn't get in the flanks app - https://rfgf.ru/gkm/itemview.php?id=53121
7: Poaz: Richard managed to find that, i've not come across it myself digging around on there - https://twitter.com/RichardDugdale3/status/1410555717984137223?s=20

Those are the main areas i believe we're looking at.

Resource shopping is fun!

Wash the cake down with a nice chilled Koka Kola!

GLA

Gregg, if it was a full company sale they would have to inform the market and us shareholders, they haven't, it's an asset disposal as per all relevant RNS. It's not a debate, it's there in black and white.

GLA

The notion of a full company sale is all well and good, but -

"Potential asset sale, FSP & other updates"

We've been at asset sale now for a very time gregg.

You have to base thing on RNS, the official line of communication to the market and shareholders.

GLA

You must not have been around very long -

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

"not one of the Pirates ever mentioned a joint venture or an asset sale" - twaddle, it was an asset sale all the way from Oct 19 bank RNS. The same AIM rules about shareholders having to vote on the potential dusposal is in that RNS. It was others who went on a 'it's a full company sale' path, when, realistically it had always looked to be a asset disposal for Eurasia.

You would need a crystal ball for the JV landing, there was zero indication of it happening until it happened.

GLA

Hope they're having a good time!

GLA

Good morning, we're only minutes away from shorter hell week, it's a very good feeling at this stage.

JORC's, DFS, acquisitions, asset sales are the sandwich ingredients that a shorter will inevitably choke on!

GLA

JORC figures start landing and we'll have a far better idea about his £3.50 haha. He spent ages trying to get me to budge off my 117p guess at the time, that's starting to look very cheap with a 1.7 upgrade factor potentially applied to the entire district tbh. I'll just wait for the ACF upgraded figures to land myself, whatever they drop is always conservative so gives a good base guide imho.

GLA

Rowka? Hope they are, he saw something happening to bring the rest of Monchegorsk into play quicker than the standard flanks app after flanks app process, fair play to them for that. He also dropped a lot of area geological info quite rapidly, openly shared what he found on here. From memory i'm sure they had dug something up which suggested around 22Moz at NKT.

GLA

You should do well StrangeAttractor, all shareholders should, there's plenty legs left in Eurasia. When those JORC'd Rosgeo JV assets start landing it's a completely different game again on the resource front, 15Moz gets multiplied quite rapidly as they drop into play. There's even Volchetundra to consider, another area from Anglo JV days, Palladium dominant, there could be a move back into there at some point also!

"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."

Eurasia's story can keep going and going if i'm honest, they know Russia very well and quite a lot of the resource rich areas.

GLA

It will always have a special place in my heart, known as the golden buy in period to myself of other longer LTH's -

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!

GLA

0.2's, early 2018 ; ) by far the best loading up and averaging down period, dragged my 0.7 average at the time right down.

The risk was removed by understanding that Eurasia would simply move back into the areas that were controlled during the historical Anglo JV days. Was quite simple to figure it all out once you had done the research. Green industrial revolution was what lead me here, Paris agreement set it all in stone, you just had to find and support appropriate metal supplying companies that would come online around the time of the revolution picking up speed, that time is this year, when ordinarily Eurasia would have had MT in production if buyers had not turned up interested in buying assets.

It's been a long but very interesting journey with Eurasia for me if i'm honest, i used to laugh when i was making my top ups at less than half a penny share, it was like raiding a candy shop lol

GLA

"Don't hold back Mac lol shorters hell eve, got a ring to it." - Don't worry i won't lol Glad you like it. They deserve a good long hell week tbh, the amount of nonsense they tried to post here and elsewhere makes the case lol

GLA

It's shorters hell eve, the weekend goes fast doesn't it!

JORC and acquisitions, just what a shorter doesn't want. Yiu can also almost smell the deal announcement, with DFS, JORC's, acquisitions all lined up and seemingly done at this stage.

Jubbering........this following week!

GLA

Just pop those feet up, kick back, relax, grab a slice and a fine glass of Koka Kola -

"The financial position of the Company is sufficient to accomplish its commitments in relation to Rosgeo JV, where a JORC resource by Wardell Armstrong is to be announced shortly"

Scrumdiddlyumptious acquisitions and JORC cake, yummy!

GLA

"including the upcoming acquisitions of Nyud, Moroshkovoe and other significant Rosgeo JV PGM and battery metals open pit deposits"

For current potential Rosgeo JV marked areas, we currently have -

1: Vuruchuayvench, Arvarench plot - https://efgi.ru/object/3117078
2: Vuruchuayvench, Plast "330" area - https://efgi.ru/object/3117080
3: Vuruchuayvench, Vuruchuayvench plot - https://efgi.ru/object/3117079
4: Yuzhnosopchinsky - https://rfgf.ru/gkm/itemview.php?id=38851
5: Nyud-Moroshkovoye - https://rfgf.ru/gkm/itemview.php?id=53232 - Currently in the process of gaining the license.
6: NKT (Nittis-Kumuzhia-Herbal) - The rest of it that we didn't get in the flanks app - https://rfgf.ru/gkm/itemview.php?id=53121
7: Poaz: Richard managed to find that, i've not come across it myself digging around on there - https://twitter.com/RichardDugdale3/status/1410555717984137223?s=20

Those are the main areas i believe we're looking at.

Resource shopping is fun!

Wash the cake down with a nice chilled Koka Kola!

GLA

Next week could be crazy ladies and gents, it's company transformative in a resource size multiple kind of way.

Well done to all who have held, topped up and never listened to any maysayers, well done indeed!

GLA

Feet up and very relaxed, placing done and we know what it's for -

"The net proceeds of the Private Placement are intended to be used primarily to finance the joint venture with Rosgeo ("Rosgeo JV"), as announced via RNS dated 26 March 2021, including Nyud, Moroshkovoe and other major Rosgeo JV platinum group metals ("PGM") and battery metals open pit deposits."

"as we continue to develop the Company including the upcoming acquisitions of Nyud, Moroshkovoe and other significant Rosgeo JV PGM and battery metals open pit deposits."

Just a matter of time, if not this evening we'll hear next week.

GLA

Funds in the coffers, everything else should be like clockwork at this stage i would imagine.

Quality Montanacowboy lol

GLA