Member Info for mac4671

Indeed, coupled with a last pre-christmas short attack by the look of the green box noise on here.

Isn't it strange how both look to magically go hand in hand quite a lot of the time.

GLA

The people talking about EV's and Hydrogen do realise that both vehicles use batteries right? Also, that a Hydrogen vehicle is also an EV, it creates the electricity from the fuel cell rather than store it in a larger battery as per a pure EV.

GLA

Leno, no one got anything wrong. RNS English was to blame, as stated many times now you can only use schedule in three instances where it comes to a projects timeline, a reminder - 1) Ahead of schedule 2) On schedule 3) Behind schedule.

Now i'm not here for an argument, but, do remind us all of A) Which of the three schedule terms they used, and B) The only schedule that we have ever received.

For it to change from Nov to end of year, which it may have, it is BEHIND SCHEDULE in this instance and not on schedule as used in RNS. Even the funding for the DFS ran to November, that is also in RNS and did not change at any time. You can't really attempt to blame me for that.

Fuel is simple, you just bin them or whine, a lot appear to just want to whine, quite strange tbh!

GLA

It's pointless replying to the abusive green box type, just throw them in the bin where they belong.

GLA

Certainly an interesting development.

This could be the start to many similar situations over the next few years if the BOD manage to line up the right assets!

GLA

And they will be throughout. The demand is simply too great to stop the trading of critical green metals, therefore, the business model is still solid, the customer base is all still there and large industry buyers have to secure their supply lines ready for the next 25+ years of the green industrial revolution.

The only question is how many multiple of this do people think the DFS etc has proven? -

"· The net present value ("NPV") using an 8.33% discount rate for the underground part of the NKT project is $1.2bn under the WAI price forecast and $1.7bn under spot prices. Work on the open pit part is in progress and the NPV of that part will be announced separately."

The above is simply one fraction of a very large district which is full of green metals.

GLA

The Sept RNS gives more away the more times you read it if i'm honest -

" We expect potential buyers to remain anonymous until the Company is in a position to execute a legally binding agreement and further updates regarding the sale process will be made as appropriate."

It always pays to read what we've been given a good few times!

GLA

DFS will most definitely be important in the Monchetundra SPA -

From RNS:- "Whereas progress has been made with certain parties, at present there can be no guarantee that the Company will enter into a legally binding sale and purchase agreement with any of the interested parties."

For people interested in knowing more about SPA's -

"A SPA also outlines due diligence periods, conditions that must be met before the sale, and what remediation is available if the product is damaged before the sale."

Will fall under 'risk mitigation' for obvious reasons:

"Many of these covenants surround risk mitigation and protection of the asset."

All leading to this part, the bit we're all waiting to hear about -

"Are SPAs Legally Binding?

Yes, SPAs are legally binding. Often the last document furnished as part of the purchase or sale of an asset, it is signed by authorized representatives from both parties when both sides are prepared to execute the deal."

https://www.investopedia.com/terms/s/salesandpurchase.asp

GLA

Body language is always a great tell-tale imho -

The
@KazeraGlobalInv
team in #Namibia enjoy a well earned team gathering after much hard endeavour preparing site for new plant at the Tantalite Vallety Mine.

#KZG #Tantalum #Lithium

https://twitter.com/KazeraGlobalInv/status/1604800969786769413?s=20&t=_G_LbkYrhAfaj7AmJ7ihYg

GLA

I think all LTH's know that by this stage the BOD have analysed multiple assets like the snippet we were given -

"Tier-1 scale JORC MRE at NKT ex-operating Ni mine"

Even that was just a snippet of that one area of what they have first mover advantage over -

"· The net present value ("NPV") using an 8.33% discount rate for the underground part of the NKT project is $1.2bn under the WAI price forecast and $1.7bn under spot prices. Work on the open pit part is in progress and the NPV of that part will be announced separately."

$2bn+ with open pit added? Then there's the rest of the district to try and account for.

Due to the market conditions and current for sale situation, we're looking at the sale details landing next imho. If not, well, i think we would have been told about the DFS submission by now. The DFS appears the critical element for the Monchetundra sale, i think most who have spent some time analysing our current situation will come to a similar conclusion. DFS gets accepted and Monchetundra is off to the hands of the new owner.

Now, with that stated, it's then only a question as to when you/we believe that they will receive a binding offer from any potential suitors and then present the offer to us shareholders to vote it through at an EGM?

We'll never accurately pin point timelines with this due to our outside position, as others have stated, it's only the BOD and the advisors etc who are directly involved in the sale process who know when things are scheduled to be done for and presented to us shareholders. It can't be long away really can it?

GLA

Boom time for Hydrogen -

"Green hydrogen booms in Asia as companies rush into projects"

https://asia.nikkei.com/Spotlight/Environment/Green-hydrogen-booms-in-Asia-as-companies-rush-into-projects

GLA

All anyone has to do is check his posting history, he never brings anything here never mind dates.

An elaborate bot, waffles meaninglessly in an attempt to convince others that things are doomed etc.

I repeat, all anyone has to do is check his posting history, a charlatans history is always right there for anyone to take a look at on good old LSE!

Oh, and you're binned lol

GLA

Dates? There's only one Hydrogen RNS, no one needs any dates for it lol

And people can follow the link to see NN checkpoint plans for themselves.

You sound bitter oldspursfan if i'm honest.

GLA

Green metals -

"Agreement signed with H4Energy Joint-Stock Company ("H4Energy"), an engineering and development company specializing in hydrogen and ammonia projects (further details below), in relation to establishing a joint venture with Eurasia to develop hydrogen / ammonia projects in Kola and Sakhalin ("Projects")"

"· Several off-take agreements being discussed including own use of hydrogen for the Company's mining equipment for the Kola operations"

_________________

"Electricity supply is secured for as low as 0.02$/kwh from Hydro generation due to low hydro power plants utilisation rate on the Kola Peninsula at 43.7% (i.e. 56.3% spare capacity) out of 1.8 GW"

https://www.eurasiamining.co.uk/investors/presentations

Green metals are as good as sold in the present green industrial revolution environment!

GLA

Everything will be planned to come online to match the construction of the new production facility.

Hydro electricity power - check

Hydrogen to supply fuel cell mining vehicles - check (EUA V.2.0)

Greener 'Copper Project' production facility - Check

End game - green metals from start to finish. The industry is just about to be cleaned up by a great deal!

GLA

Yes you got it.NN's new checkpoint at the NYUD side of their Monchegorsk facility -

"The projects will be implemented in 2023, before the start of construction of a new production facility. The checkpoint will be equipped with a CCTV system and an integrated security system,” said Vitaly Pashkov."

"In connection with the planned construction of a copper plant at the Kola MMC"

https://kn51.ru/2022/04/28/na-monchegorskoj-ploshhadke-kolskoj-gmk-poyavitsya-dopolnitelnyj-kontrolno-propusknoj-punkt/

Big things are about to start over in Monchegorsk, wouldn't it be handy to have assets containing Copper etc right next to the new facility being built? Indeed it would!

GLA

And that was just the teaser -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are jubilant to complete an important milestone of our first of a series of JORC mineral resource estimates, that the WAI team has been working on since April this year. We are delighted that a relaunch of the NKT nickel-dominant mine generates a significant NPV of $1.2-1.7bn under various price scenarios. Furthermore, the identification of an open pit part as well as near-surface high-grade veins of the NKT area represent further upsides. We continue to observe significant interest in nickel dominant mines, especially in the ones closer to production like the NKT brownfield relaunch".


James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "The Board members are delighted by the outcome of the hard work done by the Eurasia and Wardell Armstrong International teams. NKT's nickel and copper resource is well drilled, trenched and tested and requires further minor assaying for PGM by-products to upgrade the resources into higher confidence categories. While we continue to advance our projects with excellent existing infrastructure, now with added help of state owned Rosgeo and ERDC, our strategy remains the same: delivering on our promise to maximise the value for Eurasia shareholders".


Sold at DFS completion if you ask me :

"We continue to observe significant interest in nickel dominant mines, especially in the ones closer to production like the NKT brownfield relaunch"

Very easy to take to production for any buyer!

GLA

And how do they get there? They get there by starting production, initially at one rate and then increasing to another as they progress and expand.

You know, like the initial 1,000 tonnes per month increasing to 10,000 tonnes per month as stated here -

https://twitter.com/KazeraGlobalInv/status/1602301848672665600?s=20&t=hvPkIoi4oD-v7veXf_P3Zw

It's all right there for anyone to see between RNS and their recent tweets!

GLA

· Artem Matyushok served in senior M&A roles with major Natural Resource companies: total value of M&A deals executed is over $100bn

· Mr. Matyushok has 20 years' experience in Energy & Natural Resources

· He is PhD and CIMA (UK) qualified, with strong appreciation of Corporate Governance and diversity skills obtained through various assignments

· Mr. Matyushok is a former Shell alumnus, where he participated in several development projects and later was involved in Shell's incipient Energy transition initiative including hydrogen and ammonia

_______________

Artem Matyushok
Head of M&A and Business Development, Rosneft

Artem Matyushok is Global Head of M&A at Rosneft leading them through $40Bn of M&A deal flow in 2016. He was previous a Manager of M&A in Treasury & Corporate Finance Division of Shell. He then moved to become Director of M&A at TNK-BP, before moving to Rosneft where he was first Head of New Business Development and Joint Venture Creation before moving to become Global Head of M&A.

https://energycouncil.com/event-speakers/artem-matyushok/

GLA

That is the match taking place -

Artem Matyushok
Founder
H2 Transition Capital
Artem has over 20yr experience in Energy business ranging from the start-up operational environment to the corporate division of a major FTSE 100 company. He was engaged in both operational and commercial roles at Royal Dutch Shell and until 2018 was ? VP M&A for one of the major NOCs. Artem was a key member of several energy projects starting from taking FID to commissioning. Throughout his career he executed numerous high profile M&A transactions with total value in excess of $100bn. Since then, he founded H2Transition Capital PE Fund headquartered in the UK with focus on ESG investments and in particular on hydrogen value chain projects.
Artem has considerable experience in JVs and has over the years built a considerable network of credible industrial partners worldwide. He has been a member in several Boards with aggregate value of $15bn. Artem is a Finance graduate from Northern Kentucky University (USA) and has PhD in Economics from PFUR.

https://web.cvent.com/event/2a485512-df3d-4629-919e-675996859c70/websitePage:4a9f1ae7-fd5e-40ea-a47b-8748de11f650

"Among the partners in the H4 Energy project, the following companies were noted: H2 Transition Capital, Eurasia Mining, as well as the Sakhalin Oil Company."

http://neftianka.ru/zelenyj-vodorod-anonsirovany-novye-proekty/

One side comes with professional experience and the other comes with waffle, it's not a very hard choice imho

GLA