Member Info for mac4671

Yes shezer, part of the whole picture.

Toyota fuel cell modules is also a big thing, they can be utilised in many applications.

GLA

Yes dedalus, hence consortium, many companies with many products needing what Eurasia have, not just the PGM's mentioned in recent RNS but also the battery metals we have. The more you put the whole picture together the more it looks like a Japanese consortium making a move tbh.

GLA

Yes dedalus, that will be part of it, but there have been Toshiba robots operating to investigate the sites for years now. If they're the ones investigating then they're the ones who will be doing the clean up. It's been going on for years there now.

Platinum is also used in a system for cleaning contaminated drinking water, more like an eletrolyser system -

https://www.nuclearsolutions.veolia.com/en/our-expertise/technologies/our-modular-detritiation-system-mds-remove-tritium

Whole picture, not just parts.

GLA

https://www.wsj.com/articles/BL-JRTB-13223

GLA

https://www.theengineer.co.uk/toshiba-robot-reactor-mission/

GLA

Consortium is definitely what it looks like as Toshiba have been making robots for the nuclear part -

https://www.bbc.co.uk/news/in-pictures-40298569#:~:text=Toshiba%20and%20a%20team%20of,parts%20of%20the%20nuclear%20plant.

GLA

Indeed Professor, they've created a fuel cell module which can be applied to many things -

"Toyota City, Japan, February 26, 2021?Toyota Motor Corporation (Toyota) has developed a product that packages a fuel cell (FC) system into a compact module and plans to begin selling it in the spring of 2021 or later. The new module will be easily utilized by companies that are developing and manufacturing FC products for wide variety of applications, including mobility such as trucks, buses, trains and ships, as well as stationary generators (referred to hereafter as "FC product companies")."

https://global.toyota/en/newsroom/corporate/34799439.html

GLA

How long have Eurasia been talking to Rosgeo, as long as CKE have been mentioned here, which means that it would be very simple to suggest to Rosgeo to drill the areas that Eurasia didn't get done in the Anglo JV days wouldn't it?. That would provide the most accurate resource picture for the areas once you you compare both data sets. It is by far the most logical thing to do if you have begun discussions about creating a possible JV in secret. Whatever the reasons, it was all kept secret until it was announced as a binding JV.

GLA

Look, where resources are concerned they have mentioned Rosgeo figures, those figures are known to be conservative. People forget that Eurasia have done their own research and exploration on the area (36.2km2) back in Anglo JV days, it's when they marry both sets of data up where they arrive at more proven points. Remember, Rosgeo are an exploration company and we're in a JV with them, so if any little bits of further exploration is required then it's there and ready to roll in an instant.

What Rowka dug up had large figures attached to the areas mentioned in that Rosgeo JV, and the excitement which hit the news at the start of their recent FS last year there was down to finding resource figures larger than what had previously been submitted to the Russian cadastre. The reality is, that once both the Eurasia and Rosgeo data sets have been looked at by Eurasia again for the flanks, the numbers are probably greater than the 13Moz quoted to be there to be honest. We also now have AP in the picture and known to be drilling and surveying around Monchegorsk at the back end of last year, they will have gained even more data -

"We managed to hold several work meetings with companies such as Central Kola Expedition and discussed overall strategic development of mining projects in this area" - There is only that PGM district being developed there.

#absolutedynamics #geokola #directional #drilling #mining #surveying #logging

Their Monchegorsk location tag tells anyone where they were at -

https://www.instagram.com/p/CJWhW9JjiO4/?utm_source=ig_web_copy_link

GLA

Japan points to Toyota where fuel cells are mentioned, they're making the modules to sell to everyone else, therefore they require secure PGM supply lines the most. It makes sense that they would make a move as they want to be at the forefront of fuel cells and the hydrogen market. They've been making FCEVs for a very long time while other companies focussed on EV's.

For that module to be mass produced shortly, they're going to need secure supply lines to a lot of PGM's. That new PGM and battery metal district fits them well. Things would come online as they reach a point of scaling up. But, the whole world needs what Eurasia have, it's what will make the FSP so competitive.

I can't see a route where a bidding war would not happen, the competition for what Eurasia have is just far too strong right now. We could be looking at consortium vs consortium bidding wars in all honesty, everyone wants to change to green energy but the resources to do so are only in certain areas of the world.

GLA

Oh, almost forgot, they developed this recently -

"Toyota City, Japan, February 26, 2021?Toyota Motor Corporation (Toyota) has developed a product that packages a fuel cell (FC) system into a compact module and plans to begin selling it in the spring of 2021 or later. The new module will be easily utilized by companies that are developing and manufacturing FC products for wide variety of applications, including mobility such as trucks, buses, trains and ships, as well as stationary generators (referred to hereafter as "FC product companies")."

https://global.toyota/en/newsroom/corporate/34799439.html

They need PGM's more than anyone round about now!

GLA

They all need to secure supplies Diver47 to be honest, without the commodities secured their expansion plans into clean energy vehicle markets fail. Supply disruptions in Africa etc put a greater focus on open pit assets in Russia like Eurasia's, there's simply no denying that at this stage.

GLA

Indeed, all brought about by recent supply disruptions which are mentioned in our RNS -

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "We are delighted that Tamerlan is joining us. He brings along his Asian strategic investors, that are keen on the move to hydrogen and fuel cells using PGM as catalysts and have active interests in PGM mineral deposits having been hit by the PGM supply disruptions".

Fuel cell -

https://www.toyota-europe.com/world-of-toyota/feel/environment/better-air/fuel-cell-vehicle#:~:text=The%20Mirai%20is%20here%20and,%2Dpowered%20zero%2Demissions%20mobility.&text=The%20Toyota%20Fuel%20Cell%20System,diesel%20at%20a%20filling%20station.

It certainly fits the bill!

GLA

Oh yes Ian, a grand day of full roasting where i'm at.

Indeed, Eurasia Japan, it sounds like they've set a company up over there to facilitate -

"Reputable members of Japan's business community related to PGM are in discussion to join Tamerlan at Eurasia Japan."

GLA

I've been thinking about that specific part quite a bit while roasting in the sun. They want to secure some PGM pie, why is it RNS'd now, is it a Japanese consortium making a move from outside of the FSP?. Any FSP participant has never even been whispered about. Many companies will be needed to take the whole district into production, many look to be wanting a slice of the PGM pie, it's all very good from where we're sat.

GLA

Keen to secure PGM deposits -

"The Directors also welcome aboard Tamerlan Abdikeev as our new Non-Executive Director and the head of Eurasia in Japan, who has already added significant value by bringing interested parties from Japan, that are keen to secure PGM deposits for nuclear contaminated water cleaning and for the hydrogen economy, where Japan is striving to take the global leadership position."

Good old circular if full of gems!

GLA

I don't think my usual one will fit all of the treasure heading my way in, so i've got the spare one ready to fill as well.

In my hammock sunbathing now and drinking nice chilled Koka Kola, absolute bliss arrrrrrrrrrrrgggggghhhhhhhhhhhhhh

GLA

You see the BOD are also shareholders, they can take certain rights up themselves but also sell some to the Japanese investors if they wish. It's a very secure position to inevitably arrive at if it does go down that route tbh.

I wouldn't like to play the BOD at a game of chess, that's for certain lol

GLA

"I am curious as I have not seen this before - how do we sell our rights if we don't want to take them up - who to, and by what process?" - Japanese investors, the clue is in the new director who opens the door to both Japanese investment and potential off take customers.

GLA

Totally agree with both of you. I used to just value things on what was known at any given point, you know, the normal way of trying to do things, but, let's be realistic here, Eurasia's development to date has been far from normal. These latest developments knock everything clean out of the park, it's home run time and we still have no idea whether this is the end of the juicy news drops before a FSP conclusion or not. Imagine a RNS dropping which states that we've also got Volchetundra back, it's definitely not out of the question now is it, 5km from Monchegorsk, the hub of the PGM and battery metal district that the gov is fully behind developing, the potential of the whole area is absolutely mind boggling.

We've all hit the big time with this one, no matter which route it takes going forward the result is massive for all involved.

Sunbathing in my hammock time.

GLA