Member Info for mac4671

The slide is frustrating for some, i do get that, but it's at these times where you need the best picture of what the company has actually delivered while it has all went on. The 6 month chart isn't a pretty sight tbh, i don't think the 12 month one would be any better. That's all in the MARKET MAKERS hands unfortunately, out of shareholders and the BOD's control. The entire time the BOD have been delivering time and time again.

We need the deal details to land, at this stage it look like the only thing that will stop all the games. For some, this has provided an opportunity to use this years ISA allowance, grab some more where they think the level is cheap.

Have a good weekend all.

GLA

Nothing has been implied, other than the fund raise was for the Rosgep JV, anything else is just the makings of someone's imagination, it's not mentioned once but twice in RNS titles -

26th May 2021 7:00 am RNS Completion of US$20m financing for Rosgeo JV
20th May 2021 7:00 am RNS Private Placement of US$20m for Rosgeo JV

Every person and their dog knows full well what the $20m was and is for, we've all been told.

GLA

Let's consider the quote, 'what has the company delivered', we'll take it from the asset sale announcement, since that is where people clearly have little bees in their bonnet. So, what progress has the company delivered since that point, well -

11th Aug 2021 12:17 pm RNS Three plants launched at West Kytlim
26th Jul 2021 5:37 pm RNS Kola Subsidiaries’ New CEO Appointment
28th Jun 2021 5:57 pm RNS 2021 Annual General Meeting Results
22nd Jun 2021 1:55 pm RNS AGM Update and Shareholder Questions
15th Jun 2021 7:00 am RNS Rosgeo JV Update
4th Jun 2021 4:43 pm RNS Notification of AGM & publication of Annual Report
26th May 2021 7:00 am RNS Completion of US$20m financing for Rosgeo JV
20th May 2021 7:00 am RNS Private Placement of US$20m for Rosgeo JV

All progress, all things the company has ticked off and delivered since the FSP ended. All that there is left to come is the deal details which we're all to vote on due to AIM rules.

GLA

You're very amusing Mincho, ask the company via the many contact options, perhaps they can tell you. You still choose to ignore RNS titles while selecting snippets from same RNS, that's amusing.

GLA

No Mincho, your selective reading is the clear issue.

GLA

What's pointless is mentioning the SP while disregarding actual company progress, until you comprehend that then you'll always be quite lost.

The quote was about what the company had DELIVERED, they don't deliver SP's, that's in market makers hands, they deliver progress, wash plants, Rosgeo JV's, ESG credentials etc. You are able to understand that?. The SP is down to MARKET MAKERS, not the BOD!

GLA

Spats, no, you just do selective reading, it's quite obvious. Copy and pastes one part while totally disregarding the RNS title, you'll have to do far better than that Mincho.

GLA

Rubbish dealer, the SP does not reflect company progress. There's ii's in and funding raises at points a lot higher than here, always remember that, their due diligence before buying in told them that they were getting a good deal. You don't part with $20m for example just because, you part with that figure with coming to a very positive conclusion after due diligence.

GLA

Nonsense Mincho, typical poorly researched post, try reading RNS -

"Completion of US$20m financing for Rosgeo JV"

They told everyone what the $20m was raised for.

Everything has been delivered, only the asset disposal sale details are left to land. It's amusing how selective people get when the SP slides a bit, such a fickle bunch.

GLA

Nonsense dealer, they have delivered on everything other than the asset disposal details. Multiple wash plants at West Kytlym, NYUD asset in Rosgeo JV on the way, increasing their ESG credentials at West Kytlym. They're always delivering, just people are very selective in what they decide to take notice of.

GLA

You could find that if Eurasia is successful in bringing Monchegorsk online then they'll get free reign over other areas in order to do the same. From that article and everything else i've read over the years, Eurasia solves a long term problem that the gov have had in getting resources they want to production, It's beneficial all round. If Eurasia roll with a game plan of selling parts off as the expand through things then it also bring a potential variety of new large investing companies into the equation. Eurasia have the blue print on how it's done in Russia, if they pull large foreign investment into Kola then the gov will be over the moon. So will us lovely shareholders.

GLA

Plenty of options for near term news to drop at any stage, one Eagle landed last week, which Eagle will land next?. Perhaps an after hours big juicy drop, who knows? -

* 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

* "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."

Feet up and very relaxed aaaaaarrrrrrggggggghhhhhhhh

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

GLA

The JORC requirement has always been interesting since they mentioned it, dancingfred is right, it's not a Russian used standard. The need for one to secure 100% of Rosgeo JV assets points to someone being involved outside of Russia. Either that, or, Rosgeo and the Russian gov have put it in place to try and attract foreign investment to the district there, who knows 100%, only time will tell on that one. Certainly gets you thinking however!

GLA

The entire district there has these metals + a very rare positive Rhodium anomaly throughout!

Always good to have a little snippet of the Rosgeo JV area contents -

Imagine having first mover advantage over an entire district which contains many areas just like this one :

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

"Some solid-state electrolyte formulations under testing would require additional materials such as lanthanum, a rare earth element, or germanium, niobium, tantalum or zirconium, Ciez explained. That could trigger the need for additional processing capabilities if the battery was scaled for use in electric vehicles. But overall, the materials in solid-state batteries would largely mirror those used in conventional lithium-ion battery cathodes, such as nickel, cobalt, manganese, iron and aluminum."

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/shift-to-solid-state-batteries-could-be-seamless-experts-say-64837445

"While conventional cars have 18-49 pounds of copper, hybrid electric vehicles (HEV) contain approximately 85 pounds, plug-in hybrid electric vehicles (PHEV) use 132 pounds, battery electric vehicles (BEVs) contain 183 pounds, a hybrid electric bus contains 196 pounds, and a battery electric bus contains 814 pounds"

https://www.copper.org/publications/pub_list/pdf/A6191-ElectricVehicles-Factsheet.pdf

Eurasia is poised and ready for boom time central, feeding the green industrial revolution at every step.

GLA

It's being sold, it's why we've heard very little about it throughout the FSP and after. Work will have been going on there, just, due to the nature of this current situation i don't think we'll hear anything. It looks like the only likely further info we'll get on MT is when it's finally ready to change hands and we have to vote on it. Interim CEO is in place ready for it changing hands so things must be moving along very well tbh, you wouldn't place the subsidiary into that position if things had not went extremely well.

I do understand that some my get a little frustrated with the time this is all taking, but, it's 15Moz Palladium equivalent and then Copper, Cobalt and Nickel EV batteries on top. It's a very large resource asset to be selling, it will have had some very tough competition to secure it

More on consortiums, even the UK is now going the consortium route -

"UK consortium enters race to build solid-state batteries for electric cars"

https://www.theguardian.com/business/2021/aug/19/uk-consortium-solid-state-batteries-electric-cars-prototype?fbclid=IwAR2iVmA7pHlkJcEf3mRW7oFWsateBXEflYxD4jowOyJiqhDMwZZbk50iiR0

GLA

Google app on a phone Aresnalles. Bottom left the translate option usually pops up. Well, at least i think it's an app, the google icon either way from a phone seems to work.

Come on here via it, then select the link. That's all i've done to check that the route works. Hope that gets you there.

GLA

Open in google chrome Arsenalles, there should be a translate to english option appear up in the top right of your screen when you do. Pretty much most foreign pages will give you the translate option if opened via google chrome, i've only encountered a handful of pages that won't translate with it. Hope that helps,

GLA

All officially registered with the Russian Government.

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

It takes quite a bit of digging through their systems to find the relevant parts tbh. The other 2 could possibly be Pentlandite creek and possibly something to account for the green area south of Poaz on Richards provided overlay map.

Original open pit MT map marks -

Loipishnun -

https://rfgf.ru/gkm/itemview.php?id=44819

West Nittis marked -

https://rfgf.ru/gkm/itemview.php?id=44814

GLA

Indeed popeye, the tsnigri recommendation is to develop multiple areas there at the same time, the buyer would roll with MT & Flanks after purchase and Eurasia would crack straight on with NYUD while simultaneously bringing more Rosgeo JV assets into the production headed equation. Poaz and plast 330 for immediate examples. It's how collectively they will get the district to production through multiple parties. AIMHO

GLA