RE: Exciting21 May 2021 20:14
Yes Monkey70, it appears that the state and Eurasia, possibly even NN as well, have come to an arrangement for developing that entire area. What we're seeing now is just the start of it all imho. On a average ounce per km2 formula for what we know to date, the addition of Volchetundra has the potential to run things into hundreds of millions of ounces. There's a very clear long term plan in place between multiple parties at this stage, there has to be from what we've seen so far. NN changing their Monchegorsk plant to a cleaner one ready for things coming online there also strengthens that theory. If people are not excited now then they never will be.
In early, hold (and top up when you can) patiently, reap very big rewards going forward.
GLA