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

"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"

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

GLA

And still people wish to talk to my green bin pets lol. You'll never get any sense out of them, hence why they're in the green bin. Twaddle, gibberish, nonsense, you'll get plenty of that out of them if that's your type of thing.

GLA

"In the coming weeks, the government should decide on an incentive in the order of billions of crowns for the establishment of a factory for batteries for electric cars in the Czech Republic. This was stated by Deputy Prime Minister and Minister of Industry and Transport Karel Havlícek (for YES) in today's speech in the Chamber of Deputies before the vote on the distrust of the cabinet. In mid-March, the minister told Hospodárské noviny (HN) that the Czech government was negotiating a project with the German carmaker Volkswagen.

"Everything is moving in the right direction and there is a good chance that we will be one of the European countries that will have Gigafactory here," he said. He noted, however, that if the government were to be distrusted today, he doubted that a potential minister of the official would take responsibility for the investment incentive to such an extent. "I dare say no," Havlícek added."

Last year, the Minister announced that CEZ Group was considering building a factory for lithium batteries for cars in northern Bohemia in the next few years, which he described as the Gigafactory project. Together with investors from the automotive industry, the company wants to use lithium from the Cínovec area in the Ore Mountains for the production of batteries. Volkswagen, which also includes the Czech carmaker Škoda Auto, announced in March this year that it plans to have six battery factories in Europe by 2030. He stated that one could be in the Czech Republic."

https://oenergetice.cz/akumulace-energie/havlicek-vlada-bude-rozhodovat-o-miliardove-pobidce-pro-tovarnu-na-baterie

Haplo on twitter is all over this -

https://twitter.com/HC_Haplo/status/1401066713798434819?s=20

All the best shareholders.

GLA

Is really starting to take shape -

https://twitter.com/AirLiquideUSA/status/1400900063048650757?s=20

I would be surprised if a consortium didn't get Monchetundra tbh. It would also put them in a perfect position to buy further assets from Eurasia as they're developed. It would work for Eurasia and work for the increase in a consortium's demand characteristics as the hydrogen economy grows worldwide.

GLA

Cracking post RMR1969. I think it's just patience affecting a lot of investors, they skim read things and don't take in a lot of the subtlety slipped in gems. The annual report has plenty of nice little gems which clear the picture quite a lot tbh.

If the financing isn't quite there yet for the buyers side then they can't announce, i'm now assuming that it is once that is done that something will get put to us to vote on potentially. Bidding in the FSP could have lead to a price point higher than they had cleared funds for, so part financing could be required. Who knows, but i'm pretty certain that we're near the very end of a Monchetundra asset disposal which would leave the company with lots of money to move into the Rosgeo JV all guns blazing.
They can't take that entire district to production themselves, so some assets in production with quite a few sold off along the way is the most realistic path forward from here imho.

We'll all find out sooner or later either way.

GLA

*pentlandite

GLA

8 -
I found a diagram with multiple named areas, Horizon 330, Sopcha, Nud, Poaz, Critical horizon, Gabbro 10, Vuruchuaivench & South - Sopcha Massif. From that you have most of 9 Rosgeo JV assets named, possibly?.

Page 23 in here for the diagram -

http://geoksc.apatity.ru/images/stories/Print/Monchegorsk_eng.pdf

9 -

Pantlandite creek, the name would suggest that it's a Nickel dominant asset -

https://www.eurasiamining.co.uk/operations/monchetundra

This is just my opinion on what we have been given and what is named in the area close to our original Monchetundra asset.

GLA

Whoever it is they have opted for full secrecy until the very last moment. It has kept every shareholder guessing for a very long time now and has passed the time quite nicely.

The green boxes will be on maximum 'try hard' mode now, they have read everything we have read make no mistake about that. After your shares they are.

GLA

"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"

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

GLA

Morning stix me hearty, aaaaaaaaarrrrrrrrrrrrrrgggggggggggghhhhhhhhhhhhhhhh

GLA

It would make sense with gfd's explanation of putting assets into a vehicle ready for the financing to land and complete the transaction.

We're in the very end stages now, no green box can change any of it.

GLA

Something to note ladies and gents is this -

"Additionally, the letter of intent is often required to get financing from the bank for the transaction."

Possibly securing any financing as we speak, stage 9 here -

https://corporatefinanceinstitute.com/resources/knowledge/deals/mergers-acquisitions-ma-process/

Tick tock, tick tock, tick tock aaaaaaarrrrrrrrrrggggggggghhhhhhhhhhhhhhhhhhh

GLA

Get your treasure chests ready, treasure island awaits, koka kola's all round, aaaaaaaarrrrrrrrrrrgggggggggggghhhhhhhhhhhhh

Sorry not sorry!

GLA

I'll put my hands up and say that i made a mistake, i thought that we would hear when we received that offer, that's the stage i honestly thought that we would. We haven't, but, the details of that letter landing has been communicated with us via the annual report. If anything, all it does is give people more buying in time before the deal news finally lands.

Whoever it is they're after total secrecy.

GLA

Exactly oldspursfan, anything can still very much happen. Every day that passes is a day further working on that deal they received a formal written offer on.
The AGM rns says that they're prioritising it, so it will land when it lands.

https://www.onetoonecf.com/binding-offer-or-letter-of-intent/

Everything points to one landing for Monchetundra, people can do their own calcs as to how much that could be. ACF report gives a very good conservative indication.

GLA

GLA

The other thing to consider is the size of the offer. The BOD, Dmitry especially, know commodities like the back of their hand, all future demand and pricing forecasts for Palladium etc. So what size offer would cause the BOD to stop the FSP and focus on that asset sale. . . . . an enormous one. There is absolutely zero reason to sell anything cheap at this point in time!

GLA

If you ask me, in May they received a formal offer for Monchetundra and that's what they're currently working on for the asset disposal. That annual report strengthens what has came previously imho. Does anyone have any experience in these type of things, time from formal offer to completion?. I know with Eurasia the timeline is likely to be longer, everything else to date has lol

GLA

"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"

Feet up and very relaxed, AGM not far away, sipping on some nice chilled koka kola.

GLA

Japan M&A nicely slotted in as well there is see -

Further commercial developments to date in
2021 – Japan Representative office
In H1 of 2021 the Company established a rep
office in Tokyo Japan, to be overseen by newly
appointed Director Tamerlan Abdikeev. The
Company has noted a particular appetite
for and appreciation of platinum group
minerals from Japan, which has a history of
PGM innovation, a hydrogen focussed pivot
from carbon-based fuel dependence, strong
industrial, investment and jewellery demand,
as well as refining capacity and technology.
• Japan, in 2020 maintained 4th position in
terms of global PGM demand (after China,
Europe and North America)
• Focussed on Hydrogen solutions
(generation and supply chains) as a key
component in attaining zero-carbon
emission goals1

• Commercially active in PGM mergers and
acquisitions globally2

Absolutely full of goodies tbh.

GLA