Member Info for mac4671

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

I saw that myself on twitter not long ago, it's another very good indication of what has all transpired. We've been told in all but the deal specifics to be honest, it's just the wait for them for us to do on that front.

GLA

That's what it's all about, the critical ones needed for the green energy revolution!

"Russia and commodities is a super-cycle coming?"

https://www.whatinvestment.co.uk/russia-and-commodities-cyclical-recovery-2619545/

"Instead, this time, it will be the metals critical to the energy transition that will electrify the markets."

"Energy transition metals in the spotlight

The winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium, among others. The dizzying levels of additional metal that will feed the energy transition over the next 20 years – 360 million tonnes (Mt) of aluminium, 90 Mt of copper and 30 Mt of nickel under our AET-2 scenario – present obvious challenges for producers and consumers alike."

https://www.forbes.com/sites/woodmackenzie/2021/07/15/a-supercycle-like-no-other/?sh=3bc6afef25e9

Feet up and very relaxed, nice big chilled glass of koka kola in hand, arrrrrrrrrrrrggggghhhhhhhhhh

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

1 or 2 resource areas to feed such a plant -

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
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

That's the same as what Minor posted earlier there. Must spread through the news and miner outlets pretty quick by the look of things.

GLA

Good spot Minor, that would be a very positive move for a company like Eurasia for obvious reasons.

Unlimited export from a district like Monchegorsk, could you imagine!

GLA

The Ministry of Industry and Trade of the Russian Federation is considering the possibility of simplifying operations for the export of platinum, as well as a number of rare earth metals. Now companies engaged in the extraction and processing of this type of raw material receive licenses for each contract separately. The ministry proposes to organize the issuance of a general license, which will give the right to unlimited export of such metals. The corresponding draft Resolution has already been developed and is available for review on the official Internet portal of legal information. As noted in the Ministry, such a measure will reduce the period for obtaining export permits and, as a result, will help the country's budget to receive additional funds in the form of income tax.

GLA

That's what it's all about, the critical ones needed for the green energy revolution!

"Russia and commodities is a super-cycle coming?"

https://www.whatinvestment.co.uk/russia-and-commodities-cyclical-recovery-2619545/

"Instead, this time, it will be the metals critical to the energy transition that will electrify the markets."

"Energy transition metals in the spotlight

The winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium, among others. The dizzying levels of additional metal that will feed the energy transition over the next 20 years – 360 million tonnes (Mt) of aluminium, 90 Mt of copper and 30 Mt of nickel under our AET-2 scenario – present obvious challenges for producers and consumers alike."

https://www.forbes.com/sites/woodmackenzie/2021/07/15/a-supercycle-like-no-other/?sh=3bc6afef25e9

Feet up and very relaxed, nice big chilled glass of koka kola in hand, arrrrrrrrrrrrggggghhhhhhhhhh

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

That would suit me, it's been a very long wait for many here so we're all due a nice big RNS to reward our patience and belief.

GLA

Long covid and NHS pressure is where this wave will hit the hardest, some hospitals are already having to delay some people's important operations. The one in Birmingham is having problems already, it's not nice to see when you know just how hard they've all been working through this pandemic -

https://www.independent.co.uk/news/health/covid-birmingham-queen-elizabeth-hospital-operations-b1884914.html?fbclid=IwAR1q1XlUHgRuaDiSTtsNVsiIhUYTF19jI3LpoL4WZavNAZyy1r-DUt9O5fo

Sorry for being off the Eurasia topic on this post, take care everyone.

GLA

Nice update all, that is some clearing right there. 3rd wash plant coming soon?

GLA

It's fundamentals dealer, the hydrogen market creates demand for the metals that Eurasia produce, if that market increases so does the demand, indirectly having a very positive effect on Eurasia's business.
Palladium price, well that's even more self explanatory tbh, cost of production remains the same throughout, the higher the sale price the more profit Eurasia will make on that metal.

GLA

You don't know if there will be news or not dealer, it's Friday, history points to after hours being the most likely time for one to arrive. We'll see, either way the BOD have plenty to drop in the near term.

This recent Konstantin CEO appointment at the 2 subsidiaries tells everyone that a lot is going on behind closes doors, they will have to reveal something sooner or later.

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

Oh go on then, take a look at the other areas -

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
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

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

"Russia and commodities is a super-cycle coming?"

https://www.whatinvestment.co.uk/russia-and-commodities-cyclical-recovery-2619545/

"Instead, this time, it will be the metals critical to the energy transition that will electrify the markets."

"Energy transition metals in the spotlight

The winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium, among others. The dizzying levels of additional metal that will feed the energy transition over the next 20 years – 360 million tonnes (Mt) of aluminium, 90 Mt of copper and 30 Mt of nickel under our AET-2 scenario – present obvious challenges for producers and consumers alike."

https://www.forbes.com/sites/woodmackenzie/2021/07/15/a-supercycle-like-no-other/?sh=3bc6afef25e9

Feet up and very relaxed, nice big chilled glass of koka kola in hand, arrrrrrrrrrrrggggghhhhhhhhhh

GLA

While we're on hydrogen and we saw Anglo's 3rd patent for PGMs in batteries yesterday, let's have a peak at another use for PGMs in fuel cell vehicles, again, courtesy of anglo development -

https://www.angloamerican.com/media/press-releases/2021/26-04-2021

GLA