RE: EUA The investors dream21 Aug 2021 16:21
"Most of us LTH dream when we were first invested was for an outright sale but this has snowballed into something much , much bigger ." - That was the overall opinion of some of the very LTH's on ADVFN at one point, they couldn't see MT going to production, always saw it as being sold due to Dmitry's previous m&a deals. What we've now got is the magical formula, some sold and some taken to production, over the entire Monchegorsk district there.
MT + Flanks is a very large asset disposal, make no mistake about that, the potential due to it's multi layer nature will have numbers attached that would be quite mind boggling in comparison to what has so far ben released into the public domain (15Moz). That figure is simply just the start when assessing a complex of that nature, so are the other figures given for the initial wider Monchegorsk area, 40Moz etc. All numbers and areas under Eurasia's control can only increase as this all moves forward, open pit targets initially for mining, but, due to that multi layer nature, underground mining would become applicable at some stage in the future. Literally talking decades of mining available of such a complex.
Best wishes to all, hope you're enjoying your weekend.
GLA