Member Info for mac4671

It's certainly not a coincidence lovelyboy, they indeed do all appear to know one another at an intricate business level. It's like a chess board slowly moving into place for that final checkmate move. Slow process due to the large size of resources, the competition to secure them, and ultimately the amount of parties involved on the buyers side.

The clock is ticking, within 2 weeks for DFS was Wednesday's call, that's by far the most confident finish line style RNS they have released tbh. Just a case of kicking back and relaxing while the BOD do what they always do, get everything done in a professional manner.

Hope you're all having a lovely weekend, all the best.

GLA

And ref NN, they're actively changing their ESG credentials in order to be seen as a good source of green metals etc -

https://www.nornickel.com/files/en/investors/disclosure/NN_CSO2020_ENG_07.06.pdf

As the Murmansk Hydrogen cluster evolves so will their ESG credentials tbh. Many ways to improve once the Hydrogen is online -

https://hydrogen-central.com/belgium-vil-waterstofnet-hydrolog-results-hydrogen-logistics-project/?fbclid=IwAR3C2pNy-cUb7c_ycWpBX1iaHD2VUOnDkr14WPLJu8ACC0GlZ2RcIu_r8IU

"Siemens, Russian Railways in talks on supplies of Mireo hydrogen commuter trains"

https://interfax.com/newsroom/top-stories/72576/?fbclid=IwAR1mRU-PKipdwTprFGwoErJd_R33zpuQ0inkNIq1WLxXqLOQ3Ii9_kMM4Co

"Fortescue Future Industries begins testing of hydrogen powered mining truck & blasthole drill rig"

https://im-mining.com/2021/08/30/fortescue-future-industries-begins-testing-hydrogen-powered-mining-truck-blasthole-drill-rig/?fbclid=IwAR1QVTrAeu1TZ7LQp3vTDN_j-wCHjd_6EOi5QpOBmTTAexHadoGZTUYvFMA

"Anglo American and First Mode, among others, are converting a Komatsu 930E truck like this one to be powered by hydrogen fuel cells and batteries rather than diesel engines."
"Eight 100 kW fuel cell modules from Ballard will work together with a 1.1 MW high-power lithium-ion battery system from Williams Advanced Engineering, providing the 930E with 2 MW of peak power to drive its traction motors"

https://arstechnica.com/cars/2021/08/massive-mine-truck-and-a-baja-off-road-racer-both-find-use-for-fuel-cells/?fbclid=IwAR0L2YBRPUBALJnLwc9JwC5SPu1G-N8mOlYZ5LzbGsSrPZUz2IYE-C668XQ

GLA

Indeed CAW, Nickel is a significant part of the Monchegorsk basket -

Vuruchuaivench reserves become more interesting now that we have an idea of where they actually lay at Monchegorsk -

Reserves, Vuruchuaivench deposit,
Category C1+C2
Ore (Mt) 83.6
Nickel (kt) 248.2
Copper (kt) 164.9
Cobalt (kt) 10.9
Platinum (kOz) 569.0
Palladium (kOz) 2781.0
Gold (kOz) 144.0

*Plat, Plad, & gold adjusted to correct kOz as per original Norilsk source.

https://www.ngu.no/upload/Aktuelt/CircumArtic/9_Russia_.pdf

I'll take the Vuruchuayvench, Vuruchuayvench plot as where those resource figures lay, not bad for one small area is it -

https://efgi.ru/object/3117079

What a beautiful green metals district we have first mover advantage over!

Koka kola anyone?

GLA

It all certainly links together well lovelyboy. This thread will do for the linking, i guess someone could create a chart from it if they have the relevant software to do such things, not sure how they would share it though. I'm sure someone will figure it out if it can be done.

GLA

One JV fell apart, another is about to begin . . . .

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/norilsk-s-proposed-arctic-palladium-jv-falls-apart-amid-rusal-s-objections-57691022

GLA

Very clever when you look at the whole thing tbh -

"ALEXANDER SUSHCHEV
Strategic advisor to the board
Alexander is a metallurgist by background and a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer) as well as a former manager at Norilsk Nickel."

GLA

Indeed WaitingRoom, a very intricate plan this one and you can see how they all know eachother and are all used to working with one another -

"JAMES NIEUWENHUYS
Chief Executive Officer
James has held senior positions including Chief Operating Officer at Polyus Gold, Russia’s largest gold miner and Chief Executive Officer at South African Lesego Platinum Mining Limited. James has an engineering background and has also held senior positions at a number of EPC organisations."

GLA

Same ones who took over Federov -

(Gipronickel Institute LLC, Mechanobr Engineering CJSC, JSC Pana, Kola MMC JSC, Apatit JSC, EuroChem MCC, JSC "Kovdorsky GOK", JSC "Polymetal", etc.).

It all makes perfect sense, Norilsk already being used to working with Polymetal.

GLA

Norilsk are already used to working with polymetal. They have a spin off called polyus.

https://www.polymetalinternational.com/en/investors-and-media/news/press-releases/2017-03-21/

"The Board of Directors of MMC Norilsk Nickel (“Norilsk Nickel” or “Company”) has recommended to the Company’s shareholders to approve the Spin-off of the Company’s gold mining assets, represented by Polus and it’s subsidiaries (“Polus Group”) as well as 20% investment in Gold Fields Ltd (South Africa), into a new company Polyus Gold"

https://polyus.com/en/media/press-releases/172/

GLA

SP is irrelevant in an asset sale, it is the asset which is valued and not the company. Due to the nature of the DFS being due to land now, only Eurasia's BOD and the buyer know the true value of the asset/s that they wish to dispose of. The bit most appear to struggle on when they get confused is knowing the difference between a company sale and asset disposal.

Last weeks RNS was a warning to the market that they had got things completely wrong, hence the direct mention of the 26.5p placing.

GLA

Feet up and sipping on Koka Kola!

Have a good week all, it will be a long sore weekend for the green boxes and their nonsense. LTH's laughing very hard at them lol

Within 2 weeks was Wednesday's cry, a DFS to land and a sale of some Monchegorsk pie aaaarrrrrrrrrggggghhhhhhhhhhhh

GLA

Plenty of options for near term news to drop at any stage -

* Asset sale details

* More Rosgeo JV asset additions

* West Kytlym 3rd wash plant arriving - THE EAGLE HAS LANDED!!!

* NYUD JORC and shift to 100% ownership - The stage is set for this to occur!! 26/08/21

* "in April 2021 we submitted a detailed exploration project for the flanks area to develop these prospects and bring further resources into the scope of the mine." - Possibly important with the MT DFS due to land within 2 weeks!!

Feet up and very relaxed aaaaaarrrrrrggggggghhhhhhhh

Just a nice and easy waiting game for any true shareholder!

Koka Kola's all round!

GLA

BrilliantTigra lol

GLA

They should build a Hydrogen one or other clean fuel ship, prove their use case in harsh environments. Their ESG plan is ok, but, it could be improved a great deal if i'm honest.

https://edition.cnn.com/2021/08/25/world/yara-birkeland-norway-crewless-container-ship-spc-intl/index.html?fbclid=IwAR1WUY_19AN8UhnNSYNN0Fastena2N2JvoleFCJaMyX7hH__A1VbmB6oYv8

https://www.theguardian.com/business/2021/aug/24/worlds-biggest-shipping-firm-maersk-in-1bn-green-push?CMP=fb_gu&utm_medium=Social&utm_source=Facebook&fbclid=IwAR1NUHN_UsfImvD_F4eChTlFiqik2qC73Yl1v8uDDVoK7xtYvV18JqBIMO4#Echobox=1629828565

https://www.maritime-executive.com/article/maritime-hydrogen-fuel-cells-advance-with-abs-and-dnv-class-societies?fbclid=IwAR2ZlJsIrBLVX45hLWDZMSPkxGpWxisDQHuFxB31CJKaFo3-UUPKp452zTE

GLA

I've read that quite a few times now CAW, the word finishing does stand out quite a bit -

"Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that our hard work on Kola that started as a joint venture with Anglo American Platinum in 2005 and is finishing as a joint venture with Rosgeo, a much stronger partner for doing business in Russia, is coming to a successful conclusion with DFS, JORC reserves as well as the EPCF (engineering, procurement, construction and finance) contract already signed. The Board is committed to execute on the strategy as announced on 12 May 2021"."

Their hard work is finishing, that could mean a number of things, most likely is the ROFR scenario where assets go to the MT buyer as JORC's are ready on each asset. Eurasia maintain a small percentage to kick back and relax while receiving royalties from metal produced for many years. There is also the potential for other assets to be headed into, the BOD know Russia very well at this stage tbh.

All very exciting at this stage of the game and i'm glad that their hard work is paying off for them.

GLA

Plenty of options for near term news to drop at any stage -

* Asset sale details

* More Rosgeo JV asset additions

* West Kytlym 3rd wash plant arriving - THE EAGLE HAS LANDED!!!

* NYUD JORC and shift to 100% ownership - The stage is set for this to occur!! 26/08/21

* "in April 2021 we submitted a detailed exploration project for the flanks area to develop these prospects and bring further resources into the scope of the mine." - Possibly important with the MT DFS due to land within 2 weeks!!

Feet up and very relaxed aaaaaarrrrrrggggggghhhhhhhh

Just a nice and easy waiting game for any true shareholder!

Koka Kola's all round!

GLA

They certainly make you click them fast, that's for certain!

GLA

I think they've learned a very harsh lesson, as have many. As long as their actions match what is being printed, then we're heading on a far better route. The eyes of the World are watching them now.

GLA

Ref the stork, sorry but he's in my pot, just about to come to boil any moment now . . . . aaaaarrrrrrrrrrrrrrgggggggggggghhhhhhhh

GLA

It's psychologically tough Portsmouth1, i know that myself from the dip years ago from 0.7's to the 0.2's, the long dip does play with your mind. What i learned back then was to simply keep going over things, check and re-check the facts and fundamentals, after a while you just see harsh dips as opportunities rather than what you initially first think. I hope they held on as well.

GLA