Member Info for mac4671

https://www.ii.co.uk/ii-accounts/isa/bed-isa

GLA

68% WK, 80% MT, 75% of Rosgeo JV but it can head to 100% of each asset there. Alexei churakov bought a 7% stake of WK quite some time back, that used to be 75% at one point but.

GLA

It will be CAW's turn for the green box nonsense replies now lol. Good luck and great finds!

GLA

It's ok Bellers, probably inserted over last weekend to be fair, it was green bin filling galore then and so fast paced binning could lead to it. All the best to you, take care.

GLA

Comedy gold Ian it really is lol. I don't care either way, i post facts for all shareholders to look at themselves.

GLA

I think the MM's are expecting it PostmanPorsche, they'll be expecting many bed and isa transactions and many isa purchase attempts. They've probably grabbed what they can themselves on the cheap ready for it all, it's the only thing that makes sense after the lack of positive SP movement after that massive JV news. AIMHO

GLA

The worst thing that can possibly happen if the FSP runs for a bit longer is they receive more asset licenses, like the WK flanks one mentioned in RNS. More asset acreage = more resources under their control = more value.

Could you imagine Volchetundra landing, that would be so bad wouldn't it while we await the FSP conclusion lol -

"The Company would also like to highlight further regional potential specifically in the Volchetundra Project, previously operated by the Company under a Joint Venture with Anglo American from 2004 to 2011, and subsequently surrendered to focus on the Monchetundra Project. Volchetundra occurs 5 km from Monchegorsk. This high palladium deposit now becomes of interest given the recent price appreciation in palladium and the future price outlook. Palladium prices through 2011 averaged less than $600 per ounce. The Company's database of proprietary information including 12,000m of drilling will be compiled in due course to reassess the projects future potential development. If the Company did want to explore this project again, it would have to re-apply for the relevant licences and there can be no guarantee that they will be granted."

https://www.lse.co.uk/rns/EUA/monchetundra-update-y1zwj1c5tpmei84.html

GLA

"Since launching the Formal Sale Process on 1 July 2020, Eurasia and its advisers have engaged with a wide range of parties, and have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures."

https://www.lse.co.uk/rns/EUA/update-on-formal-sale-process-zqs73xnos1ivldk.html

"while the Company with its advisers are making progress with the strategic options available for Eurasia. Further announcements will be made in due course"."

https://www.lse.co.uk/rns/EUA/west-kytlim-update-hzry5cxllgrdqap.html

"as we are making progress on the strategic options available to the Company."

https://www.lse.co.uk/rns/EUA/binding-agreement-signed-with-rosgeo-664vj174ti35e5h.html

That's right, progress is being made as stated numerous times within RNS this year. No Tuesday morning binding offer RNS and it's fill next years ISA allowance time, for those who wish to participate.

GLA

No serious bidders and UBS close the entire thing down. UBS are on a success fee basis, so if there isn't a success on the horizon they just pull the plug and move onto the next M&A. They never waste resources which can be utilised elsewhere.

Anyone suggesting otherwise is just delusional.

GLA

You and everyone else are all very welcome DanielC43R, happy Easter have a great weekend.

GLA

Always just enough info to leave you wanting more. A old comment leaving us all hanging a little, all answered with the Rosgeo JV -

Christian Schaffalitzky, Chairman at Eurasia commented: 'We are pleased to offer this further update on the resource surrounding our Monchetundra Project. We are now well established in Kola with a production license valid until 2038 and our exclusivity to the flanks firmly established under applicable laws. We have always noted the significant potential in the area which we now more strongly believe can be developed into a new global mining region for PGM to rival other large PGM producing regions of the world, including the Bushveld Complex in South Africa and the Taimyr Peninsula in Russia. It is not unusual for layered mafic massif to contain multiple deposits and deposit types. The Monchepluton Massif, hosting the majority of the deposits mentioned here, is generally accepted to contain many of the internationally recognised intrusive igneous PGM deposit types. With our EPC and Financing contract with Sinosteel signed and valid for 10 years our 2 open pittable Monchetundra deposits are fully financed and we can in our opinion rapidly move into production. We have also previously stated (see announcements dated 24 October and 25 November 2019) that 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.'

As per that comment, the JV is clearly being taken into consideration in the FSP discussions as it's part of the expansion strategy on the Koka Kola Peninsula as a future palladium district. Most beautiful comment ever left in company RNS in my humble opinion!

GLA

If it's the bare minimum anyone does here, remember this thread title and the fact that Eurasia are starting a PGM district, not just a PGM mine, they're starting an entire district!

GLA

You're very welcome okfornow.

Indeed, it could well be, even without news people have new ISA sums to play with, people will be keen for the tax free advantage there i would think. It would be a gift to any late comer to be fair if that did happen imho.

GLA

I've thought that quite a lot over the course of this okfornow. There are AIM companies out there with far worse fundamentals than Eurasia's and they seemingly just storm along perfectly fine. Eurasia begin to create one of the rarest things you ever see in mining and somehow it appears to be lost on many. PGM mining districts don't happen that often, as we've covered previously, there's only 3 areas of the world that have intrusion clusters. Eurasia's main company making future PGM district in smack bang in the middle of one of those clusters.
It's nothing new for Eurasia however, any LTH will tell you how long this sat under a penny for, just floating around on AIM completely unnoticed. Part of it is down to how tight the BOD keep their aces tightly held to their chest, they release the juicy stuff exactly when they decide, slowly building up the picture of the true potential of that district there.

GLA

No problem Minor and Rusty.

Yes Minor, the good news doing the rounds, that's what we want. Many more people running their ruler over things, getting in and drying up that free float. It all gives a better idea of the bigger picture that we all find ourselves in as shareholders.

GLA

$2675 again, showing strength -

https://www.apmex.com/palladium-price

GLA

Just counter them with facts, if they continue to ignore those then green box them. Constantly replying to them in a back and forth manner could possibly be seen as disruption, because all you're doing in effect is arguing and the calm discussion threads get rapidly lost in the noise?

I'm sticking to discussing Eurasia myself and using my green box system for any disruptors.

Stay calm, discuss Eurasia and there's nothing they can do.

GLA

Ibiza, the drill hole data, or at least some of them, are in this RNS -

https://www.lse.co.uk/rns/EUA/exploration-update-kola-lm3av5onl7erthw.html

GLA

Good link that Minor, further evidence of the news getting about and the intentions on the district there. Sorry about the break up of the translation, it wouldn't accept the whole lot in one go so i had to feed it through in chunks.

GLA

Geological exploration, in the course of which it is planned to discover copper, platinum, nickel and cobalt ores in the Murmansk region, will be carried out by specialists of the Rosgeologia Holding. According to Sergei GORKOV, General Director of JSC Rosgeo, thanks to the agreement, the company will significantly increase the contract base in the field of exploration for the North-West Division of the Holding. James NEWVENHEISS, head of Eurasia Mining, notes that within the framework of cooperation, there is a prospect of creating a unique region on the Kola Peninsula for the extraction of platinum group metals.

GLA