Member Info for mac4671

Here's a bit of an eye opener about South Sopcha -

The South Sopcha massif (Fig. 1) is situated to the south of the Monchegorsk pluton and separated from the Monchetundra massif by a block of Archean rocks at Mount Arvarench. The massif is elongated; its length at the surface is about 10 km2 and width is 550–600 m (Ivanchenko and Davydov, 2009). The massif strikes in a northwestern direction and steeply (60°–70°) dips to the southwest. As follows from drilling and3D modeling results, the massif is traced to a depth of–1.7 km beneath the massif of Mt. Sopcha in its western part."

These assets are colossal, no other way to describe it ladies and gents.

GLA

Gersdorffite, not sure why it dropped a question mark lol

GLA

Another anomaly feature at Vuruchuaivench appears to be this -

"Gersdorf?te is rare and has simi-lar PGE contents. Pd and Rh are evenly distributed among grains. Sulfoarsenides with a high Pd content(5–10 wt %) are developed after sulfoarsenides within signi?cant PGE admixtures as rims and frames(Fig. 6)"

To be fair, Rhodium is appearing in a lot of areas at Monchegorsk, i'm no expert, but, it could appear to be a continuous feature of the wider area there. Even at $20,000 an ounce it is going to change the numbers quite dramatically if the BOD have pretty accurate assessments of the content within the assets that they currently have control over.

Thanks TheBeastofBodmin, always best to get the info out there for all shareholders to see. Monchegorsk is magnificent, there is no other way to describe their first mover position there tbh. And so it was named "Magnificent Monchegorsk"

GLA

Table 5 on the Vuruchuaivench link also has some interesting GOLD & SILVER figures!

Treasure aaaaaaaaarrrrrrrrrrrrgggggggghhhhhhhhhhhhhh

GLA

Rosgeo JV -

"In the brecciated rocks of the marginal group, Pd bismuthotellurides (mainly merenskyite), sperrylite, hollingworthite, and Pd and Rh bearing cobaltite and gersdorffite are predominant"

https://www.researchgate.net/publication/255969188_Geology_Mineralogy_and_Genesis_of_PGE_Mineralization_in_the_South_Sopcha_Massif_Monchegorsk_Complex_Russia

Table 2 and figure 2 for Vuruchuaivench -

https://www.researchgate.net/publication/255969073_PGE_Mineralization_in_the_Vuruchuaivench_Gabbronorite_Massif_Monchegorsk_Pluton_Kola_Peninsula_Russia

"Nyud lithologies also show positive Pd and Rh anomalies and relatively high Pd/Ir ratios of more than 20 (Fig. 14 C, D, E)."

MT -

"Travyanaya has higher PGE concentrations and features an enrichment in PPGE relative to IPGE with positive Pd as well as Rh anomalies and a high Pd/Ir ratio of more than 75 (Figs. 12 J, 14 A). Chromite-rich dunite from the Dunite Block exhibits a strong enrichment in IPGE relative to PPGE, which reflects the presence of IPGE-rich cumulus chromite (e.g., Capobianco and Drake, 1990). All other lithologies from Travyanaya, ranging from websterite to orthopyroxenite and gabbronorite, have remarkably similar patterns with Pd/Ir ratios from 48 to 65 and positive Pd as well as Rh anomalies (Fig. 14 B). Kumuzhya, Nittis and Nyud lithologies also show positive Pd and Rh anomalies and relatively high Pd/Ir ratios of more than 20 (Fig. 14 C, D, E). Only the ophitic orthopyroxenite from Nittis has a different pattern lacking distinct anomalies. It is worth noting that the positive Pd and Rh anomalies are characteristic of many other Fennoscandian intrusions of similar age, such as the Portimo Complex, and also in parts of the Great Dyke of Zimbabwe and the Muskox intrusion in Canada (Barnes and Francis, 1995; Iljina et al., 1992; Maier et al., 2015)."

https://orca.cf.ac.uk/112128/1/Critical%20Controls%20on%20the%20Formation%20of%20Contact-Style%20PGE-.pdf

WK -

"Rh-rich pentlandite KT 150-154 A bis 3 3 0.39 0.00 12.13 24.95 27.12 0.33 0.05 0.00 0.40 31.7 10.36 97.44"

12.3 being the Rhodium.

https://www.researchgate.net/publication/276054678_Unusually_pge-rich_chromitite_in_the_butyrin_vein_of_the_Kytlym_Uralian-Alaskan_complex_northern_urals_Russia

GLA

They're actually good guys 'n' gals -

"The world’s biggest asset manager and top BP (BP.L) investor BlackRock (BLK.N) said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company’s board opposed."

https://www.share-talk.com/blackrock-goes-against-bp-board-in-climate-resolution-vote/?fbclid=IwAR1V2OLSmXidSxm_Ib2iM531DaialPKrsMK5VGwpRYePz_Ypb27h4k8O-jk#gs.2lbup2

GLA

So lame i'm dpubled up here, the ones who only read the bits they want to are always the funniest lol -

"Shareholders should note that one of the potential transactions proposed is one to which AIM Rule 15 (the fundamental disposal rule) would likely apply. Accordingly, a circular would be published by the Company and the transaction would be conditional on the consent of the Company's shareholders being given in a general meeting."

AGM coming up, that would be the appropriate time for treasure dropping aaaaaarrrrrrrrrggggggghhhhhhhhh

GLA

AGM is coming up, calm down. You can ask whatever questions you want at the AGM. It honestly appears that investing is very new to quite a few people who post here these days. Tues morning before open is in effect still in May's side of things, the first trading day of June does not commence until 08:00hrs, so if a RNS drops prior to that then they've effectively still hit the May deadline which is stated on their website for the annual report. We will see though, not long to see if that does indeed happen.

It will be busy in their office over there, koka kola celebrations non stop since bagging the Rosgeo JV i bet.

GLA

Speaking of that pipeline -

"* Nord Stream 2 pipeline could be repurposed for hydrogen"

https://www.reuters.com/article/russia-germany-idUSL8N2KM38Z

GLA

Russia and Germany already do business with that new gas pipeline, Germany wants the number 1 Hydrogen spot, don't rule out something coming from the EU just yet. That's the beauty of this situation, the whole world needs what is at Eurasia's assets and they all have their own targets and money to throw at the green industrial revolution.

I still think Japan has won however, i'm just not fully ruling anything out at this stage. There are many potential assets at Monchegorsk between what is already held and if they manage to add Volchetundra, you could see it carved out for many countries to operate there over these next 10 years, just a thought.

Koka kola's all round!

GLA

You're very welcome Embryonic_Fetus. No idea why they decided to target this share some time ago, but they did and have been a nuisance ever since. There's a lot of posters who provide relevant and helpful information on here now, it all helps to counter whatever their game is. There have been a few positive posters targeted throughout this process, it's water off a ducks back to us all now.

That's a nicely sized holding, hopefully not long until we get the deal specifics and we're counting how much treasure we all have.

Have a great weekend everyone, the working days left for the AGM details to land are starting to run thin now, not long until we should hear!

GLA

Brilliant research Embryonic_Fetus!!

GLA

That's absolutely lovely, definitely time for koka kola's all round!. Nice find Mjd2020.

GLA

"MAC n Gecko are so far under the skin of Hairy Ar$e it's hilarious." - I aim to please lol

All the best, i do hope all genuine shareholders have a lovely weekend. I've deliberately left the Federal contract ace until this time, make the green boxes get a real sweat on close to our AGM lol #they'llneverwin

GLA

See this map for NKT, NYUD and POAZ, oh and the new mineral Monchetundraite -

https://www.researchgate.net/figure/Simplified-geological-map-a-and-location-b-of-the-Monchegorsk-Igneous-Complex_fig1_339079075

The federal contract will clearly continue imho. The other 5 JV assets and Volchetundra require further exploration and are part of the "prioritized mineral centers of economic development".

Nice sweet Koka kola aaaaaarrrrrrrrgggggggghhhhhhhhh

P.S Have a lovely weekend shareholders!

GLA

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

Koka kola'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

"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."

"Shareholders should note that one of the potential transactions proposed is one to which AIM Rule 15 (the fundamental disposal rule) would likely apply. Accordingly, a circular would be published by the Company and the transaction would be conditional on the consent of the Company's shareholders being given in a general meeting."

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

"For IRS ruling purposes, “substantially all” means 90% of the net assets and 70% of the gross assets, while courts have applied a facts-and-circumstances test focused on operating assets."

https://www.thetaxadviser.com/issues/2008/jul/thesubstantiallyallrequirementamomentaryconcept.html#:~:text=That%20term%20generally%20refers%20to%20the%20%20quantity,a%20%20facts-and-circumstances%20test%20focused%20on%20operating%20assets.

Big substantial treasure aaaaaaarrrrrrrrrggggggggghhhhhhhhhhhhhhh

GLA

Hydrogen links -

https://twitter.com/AngloAmerican/status/1395380870668636161?s=20

GLA

Best thing for rinsing the bot flies overboard.

15Moz Monchetundra + Rosgeo JV assets are now rapidly inbound. Millions upon millions of nice juicy PGM and battery metal ounces coming online ready for the green industrial revolution. Everything is happening, no bot fly and their nonsense can stop it.

Genuine shareholders = winners
Green boxes = losers

GLA