Member Info for mac4671

The third party link that relates to that recent FS which increased Resource figures -

"After the completion of all work, both the main resources - platinum group metals and associated components - nickel, copper and gold will be accurately calculated. The end of the research is scheduled for December this year."

"K. Firstov, head of North-West PGO, explained that as a result of research work at Poaz, the uniqueness of the deposit was confirmed, according to preliminary calculations, the deposits of platinum and palladium are about 336 tons (category P2), which is much higher than the initial forecasts."

https://www.vnedra.ru/novosti/rosgeologiej-okoncheny-burovye-raboty-po-obnaruzheniyu-metallov-platinovoj-gruppy-na-territorii-murmanskoj-oblasti-10745/

It looks like they've managed to find an expansion of it, good work tbh -

https://twitter.com/GMF782/status/1397585365653917701?s=20

All leading to -

"The Additional Assets have a total of 104.6 Moz Platinum equivalent resources as at 31.12.2020 (source: Russian Feasibility Study ("FS"), TsNIGRI, Russian State Cadastre of Mines) according to the Russian standards and are comprised of:"

https://www.lse.co.uk/rns/EUA/binding-agreement-signed-with-rosgeo-664vj174ti35e5h.html

And then the Tsnigri bomb was dropped -

"Development potential and investment attractiveness of PGM deposits (Monchegorsky ore district) are discussed. By the late 2020, the reserves of these deposits were approved based on results of a feasibility study review assessment in the State Reserve Commission and TsNIGRI approval. In current mineral market conditions (including high Pd price), the most attractive development projects are Vuruchuaivench deposit comprising 4 areas (Plast 300, Vuruchuaivench, Yuzhnosopchinsky and Arvarench), NittisKumuzhya-Travyanaya occurrence and Loipishnyun area. In terms of reserves, ore grades and proximity to processing plants, these potential mining projects are less expensive if developed concurrently. The paper presents recommendations for PGM deposit opening, development and mining using advanced mining equipment in open-pit and underground mining operations, ore conveying and processing plant tailings disposal to infill underground workings. Economic estimates were made supporting development viability of the above deposits within Monchegorsky ore district."

http://www.tsnigri.ru/magazine/RM/2021/2021_1_min.pdf

Koka kola and aaarrrrrrrrrrrgggggggghhhhhhhh's all round!

GLA

For. . . "prioritized mineral centers of economic development". . . . . . Kola

NKT and NYUD from some years ago. They've been exploring the area for years now tbh -

"Department performance for 2014-2018

Feasibility studies and scoping prefeasibility studies were completed for development, geological study and mining operations at the following deposits:

NKT and NYUD PGM occurrences, Monchegorsk ore district, Murmansk region, JSC Severo-Zapadnoye PGA.

Federal contract execution

Federal contract “Work on investment projects of prospective precious metal and other nonfuel mineral deposit geological study within the prioritized mineral centers of economic development”."

A dead cert for a very long time to be fair ; )

http://www.tsnigri.ru/en/otdel-geologo-ekonomicheskoj-otsenki-mestorozhdenij.html

GLA

"Hydrogen is now being seen as not only a renewables enabler (due to its capacity to store energy over long periods) but as a key energy vector for decarbonising difficult sectors such as heavy transport, heating and industry.

?Crucial to this effort is Proton Exchange Membrane (PEM) technology which uses Platinum Group Metal based catalysts."

https://www.ceimig.co.uk/hydrogen-economy?fbclid=IwAR1A42zZcq9WGa3rnucjNbCepBHmMhO3JsS0eFIFWr6h8v6UQZvfK_372fA

GLA

Plenty of options for near term news to drop at any stage, one Eagle landed today, which Eagle will land next? -

* 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

He's excited that the clean energy revolution is taking place, it's like the oil boom back in the day, but, this time it's going to be a metal boom. Look at the size of his share holding here, his master plan that he has worked on for years is all starting to come to fruition.

An entire district at his disposal to feed the revolution!

GLA

Plenty of options for near term news to drop at any stage, one Eagle landed today, which Eagle will land next? -

* 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

Japan's Hydrogen economy taking shape nicely, i wonder where Eurasia Japan fits into all of it -

https://www.bloomberg.com/news/articles/2021-08-10/panasonic-takes-japan-s-bet-on-hydrogen-power-to-a-new-level

GLA

All to do with getting the Rosgeo JV assets to production -

"The Board has a strong confidence in our opportunity to create a globally significant PGM and battery metals producer that can be achieved through our Rosgeo JV".

It has always been MT + Flanks for sale.

GLA

3 plants churning away, metals = money = profit = dividends. Eurasia now have the best producing business model it has ever had.

GLA

It's the same consistent script all the way from the original bank RNS of Oct 19 -

"The Last Non Consolidated Palladium Play".

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-75c925zx7g386wg.html

"we are considering all options for the Monchetundra Project including the potential sale - the resource potential here mentioned, as well as our expansion strategy on the Kola Peninsula as a future palladium district are key considerations in our discussion.'"

https://www.lse.co.uk/rns/EUA/monchetundra-update-y1zwj1c5tpmei84.html

"In recent months, Eurasia has received a number of inbound expressions of interest from multiple parties interested in acquiring all of or a stake in its assets. The Board has therefore decided to appoint UBS Investment Bank in London ("UBS") as its leading financial adviser to assist in a review of its strategic options including asset sales or a sale of the Company."

"All existing non-disclosure agreements interested parties have already signed with the Company in relation to the potential acquisition of the Monchetundra asset remain valid."

https://www.lse.co.uk/rns/EUA/statement-re-formal-sale-process-jtwyvaxxdax49q0.html

"the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets. The Board has decided to focus on this potential asset sale."

https://www.lse.co.uk/rns/EUA/potential-asset-sale-fsp-other-updates-54a1wvacahgt87n.html

Eurasia Mining plc Annual Report 2020.pdf -

"• The Company received a proposal in writing regarding a potential substantial asset sale in May 2021 and exited the Code compliant Formal Sale Process as announced on 12 May 2021."

"The Company has continued to manage and develop the Monchetundra Project while commercial negotiations/discussions
regarding a potential sale of the project are ongoing"

Most recent RNS -

"Konstantin has further been appointed an interim CEO (interim in the framework of the RNS released on 12 May 2021) of Eurasia's 80% subsidiary Terskaya Mining Company / Terskaya Gornaya Kompaniya (that holds the Monchetundra license and the Monchetundra Flanks license)."

"interim in the framework of the RNS released on 12 May 2021" -

"the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets. The Board has decided to focus on this potential asset sale."

Feet up and very relaxed, sipping on some nice chilled koka kola, aaaaaaaaarrrrrrrrrggggggggghhhhhhhhhhh

GLA

Look at all these new magical chat board contributors, all managed to pull themselves out of the woodwork finally. All with lame attack angles, i need more info, i can never be satisfied etc etc blah blah blah

Transparent!!

GLA

Are out in force, all of their lame lines of attack failed, continue to fail and will always fail. Suck it up failures, you've lost, you always lose.

GLA

We'll have more than half of the seasons production with 3 plants, it's a massive win for the company and us shareholders. That's an active revenue stream, a highly efficient one with 3 plants going hammer and tong on the area. Largest operation of its kind in the World!

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

* "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

Big things now running at WK, i'll have to drop that point from my regular post. Bigger production can lead to dividends, remember that, plenty of cash is in Eurasia's bank.

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

* 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

Good find Mjd2020, everything is set over there for things to get moving at a good pace at the appropriate time.

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

* 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 Cabinet of Ministers of Russia has approved the concept for the development of hydrogen energy, it is planned to be carried out in three stages, Trend reports citing the press service of the government."

https://menafn.com/1102592168/Russia-approves-concept-for-development-of-hydrogen-energy

GLA

Something to remember is this that happened not long ago now, May -

"Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that it has entered into a securities purchase agreement for a private placement of 53,306,751 new ordinary shares of the Company (the "Placing Shares") and warrants (the "Warrants") to purchase up to 53,306,751 ordinary shares (the "Warrant Shares") to a single institutional investor at the market price of 26.5p per ordinary share and associated Warrant, for gross proceeds of £14,126,289, or approximately US$20m (not including any gross proceeds from the exercise of the Warrants), before deducting placement agent's fees and offering expenses.

The Warrants have an exercise price of 26.5p per ordinary share and may be exercised at any time upon issuance and prior to the 3-year anniversary of the issuance date. "

Take from that what you will, they were clearly confident to part with such a sum of money.

GLA