Member Info for mac4671

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

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

"when it gets attacked by certain groups it’s totally un readable" - That's exactly why i stopped posting there after the bank RNS saxonaxe, it was a nightmare. I just spent more time here, people underestimate just how handy the report and filter options are on here, they've been an absolute god send at certain times imho.

I really am hoping the deal details land at the end of this week, 12 weeks will be up, interim CEO has been in place for some time, exploration permit for the flanks all done and dusted, there isn't anything to stop it from happening now tbh.

GLA

There are indeed some very old school investors on ADVFN, i remember them posting often and enthusiastically on there TheBeastofBodmin when i was on there prior to the bank RNS.

Shares bought, the BOD and team over there are doing an excellent job all round, and that's about it. People sometimes seem to forget that we don't really have to do anything, the company is doing all of the work and all relevant information always finds its way to us shareholders via RNS. Having said all of that though, due to certain agenda spinners, keeping the relevant info circulated on various media outlets has been something that has been required with Eurasia. Due to the FSP, a lot of that has came from genuine shareholders who have simply spent their time helping others understand as much as possible through their knowledge.

Looking forward to the deal details landing and getting back to full normality myself lol

GLA

It's all getting pretty childish tbh. No offence to anyone, but, from someone who simply observes it does appear that way. If there's a difference of opinion all of a sudden there's this LSE vs Telegram group argument, the argument only exists in peoples minds, we're all shareholders here hoping for the best outcome for Eurasia Mining. All groups bring something to the table, no shareholder is any better than another.

GLA

There is no mention of any JV assets Panino.C, that link is of the MT flanks exploration permit.

GLA

No WandGrabitt, read what i translated and dropped here, specifically this bit -

"Works using magnetic prospecting methods - areal - 1, sq. Km. Year of works: 2023
Works using electrical exploration methods - areal - 1, sq. Km. Year of works: 2023"

It's very specific and targeted exploration, something the buyer would want in place to suit their own personal expansion plan into the flanks from the original open pit areas at Nittis and Loipishnune. It will take 2 years to build the pits and plant there, they'll get that producing and role straight into targeting the next open pits. They've clearly looked at all the current data provided vis due diligence and decided where they want the next open pits to be.

GLA

But, there appears to be a rift. I'm not on any telegram so i have no idea of what goes on in any group -

https://twitter.com/Astonx007/status/1422151875663642627?s=20

GLA

Think logically, it's 2021, 2 year build time for first open pits and production plant, then straight into detailed exploration of flanks.

GLA

No, implying that the buyer has the already in place mining plan ready to go for the first open pits there, and clockwork further exploration and expansion provided via that exploration permit. If you read the detail of the exploration to be put in place it gives quite a few good clues away as to what the buyer has requested to be in place before hand over imho.

GLA

Flanks exploration, the map misses out the already in place open pit areas for West Nittis and Loipishnune, it's a very good find.

GLA

I would presume that this is something the buyer wants in place prior to the deal being finalised. Eurasia, Rosgeo and even NN have exploration data on the area, but, if a buyer is paying billions then they'll also want to do their own work for targeting the lower level resource deposits -

"Date of issue: 08/20/2020; Objectives: for geological exploration, including prospecting and evaluation of mineral deposits; Subsoil user: Closed Joint Stock Company Terskaya Mining Company;"

Ducks lined up if you ask me.

GLA

That link's a good find -

Geophysical surveys of wells at TPI - 47.69, thousand meters Year of works: 2023
Hydrogeological works - 9/9, borehole / pumping. Year of works: 2024
Cameral work - Yes. Year of works: 2024
Laboratory work - Yes. Year of works: 2024
Sample processing - 16288, sample. Year of works: 2023
Sampling of rocks and minerals - 14968, sample. Year of works: 2023
Drilling works of various categories of wells (TPI) - prospecting and appraisal - 82/24625, well / m. Year of works: 2023
Works using magnetic prospecting methods - areal - 1, sq. Km. Year of works: 2023
Works using electrical exploration methods - areal - 1, sq. Km. Year of works: 2023
Topogeodetic works - Yes. Year of works: 2023

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

*Cobalt instead of one of those 'Copper' lol Too much sun.

GLA

Fully agree Dowely, no matter what figures you run on a 15Moz Palladium eqv disposal the answer will always arrive at a multi billion dollar sale. That's just the Palladium eqv, there is Nickel, Copper and Copper to go on top of that. The highly positive Rhodium anomaly throughout the entire complex there is also something people would be willing to part with a bit more cash to get a hold of.

You run the figures and then factor in a highly competitive bidding war and the potential sale value sharp reaches some eye opening figures.

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

The old JV partner is certainly ploughing ahead to ensure PGM's play a vital role in the world -

https://twitter.com/MRBAgency/status/1421517633959219200?s=20

GLA

You can tell that he's excited that the green industrial revolution is starting to fire on all cylinders -

https://twitter.com/EM_investor?s=20

GLA

End of the week would fit a 12 week window from FSP closing, surely that's enough time to have got the paperwork done?

GLA