Member Info for mac4671

https://www.mining-journal.com/pgms/news/1407177/pgm-miners-now-%E2%80%98vastly-superior-investment-opportunity%E2%80%99-hambro

GLA

"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."

http://www.tsnigri.ru/en/otdel-geologo-ekonomicheskoj-otsenki-mestorozhdenij.html

You'll note tsnigri mentioned in recent RNS yes?

When we got the MT flanks we got all that PFS info etc -

"Since the final approval of the Flanks licence (see RNS of 25 August 2020) the Company has been putting together the database of information from previous drilling campaigns in the Flanks area, that is considerable. 48,405m drilling (announced via RNS of 18 August 2020) is related only to one part of the Flanks License (NKT) and comes on the top of 33,100m drilled by Eurasia's Joint Venture with Anglo American Platinum. The Russian feasibility study on the NKT palladium dominant mine (within the boundaries of the Flanks License) gives 15% IRR at the palladium price of $659 per 1 oz, while the current palladium price stays above $2,000 per 1 oz due to long term structural deficit in the palladium market."

https://www.lse.co.uk/rns/EUA/interim-report-z4vq8goh3rc2usr.html

"Extensive prior drilling campaigns with c.48,000m drilled at NKT, a part of the Flanks application."

"Our predecessors also developed targets in the NKT area, and areas to the east of the Loipishnune deposit, and these work programmes in 2015-2017 resulted in pre-feasibility studies lodged with the State Cadastre of Mines in Russia."

https://www.lse.co.uk/rns/EUA/general-update-and-institutional-placing-at-225p-yh2uz9tcbjepr54.html

Eurasia run through the data, design the mine and get the EPCF contract in place like the original Sinosteel one.

Eurasia from that JV have access to the feasibility study that Rosgeo have just done -

"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:"

So now they go through that data and plan the mines, get the EPCF contracts in place etc for the JV.

GLA

In the background the whole time. Funds and ii's are grabbing as many as they can at this level, they know what's coming.

GLA

"money doesn't solve problems, having a purpose does." - Couldn't agree more. Life without a purpose is rather meaningless tbh.

GLA

Painful?, 7p approx in suspension to where it is now. Nothing ever goes up in a straight line ; )

We've had institutions buy a chunk at 22.5p and another buy a chunk at 29p, they will have both done thorough fundamental analysis prior to making their purchases.

When you've been around for so long you just know where everything is and how it all fits together tbh, it's why the green boxes never stand a chance.

I've said FSP binding news next for a while and i've been wrong so i'm not saying that anymore, a Rosgeo JV for the entire Monchetundra area was an acceptable news drop in the mean time however.

All the best to you.

GLA

People running around chasing rainbows elsewhere have missed out on the massive bags here, it's just what happens sometimes. It's why i play the long game.
The LTH's have seen nothing but crazy gains in all of this as it has progressed and we will see more, every recent news release points to something very large happening, no one can deny that at this stage. Even if you're very conservative with things like gmf78's report, it's still £1+.

Bags upon bags is all us LTH's know from Eurasia Mining. Since they bought Anglo's share out around 2014 they have hit target after target, all the way to the recent announcement of the HUGE Rosgeo JV. I've had 5 beautiful years of watching them strategically achieve what they've set out to achieve here, the odd delay perhaps, but everything has got done in time.

GLA

Yes, the article highlights a great many things Broxburn, the section i used is of the various layered zones. The deeper ones are more accurately mapped using AP's fancy gear. They may even pick up further zones with the gear they have, hence looking into the deep and open new horizons.

We're at the climatic point now, the £6.3 million market cap was a very long time ago. Compare it to todays m-cap and it's a beautiful little rise. Anglo selling their JV share on the cheap later on from that article is what has given Eurasia a huge strategic advantage in all of this. Good old Anglo stumping up millions for exploration prior to their departure, Palladium dominant wasn't any good for what they wanted back then, but it is certainly exactly what Eurasia want right now.

GLA

It's all just the start of it all Donald for AP's involvement tbh -

"Absolute Dynamics’ strong intention is to conduct detailed research in this region. We are not here to confirm or deny the existing information. We look into the deep and open new horizons."

There's various different zones you see. There will be underground mining on some assets after the initial planned open pits are depleted at a later date -

"In November, following weeks of delays at congested assay labs in St Petersburg, Eurasia were at last able to announce results for a drilling program of four target zones at Monchetundra. Zone 2 emerged as having underground mining potential, delivering grades increasing with depth from 4m at 1.7 g/t Pt+Pd at 75m depth to 3.6m grading 8.4 g/t Pt+Pd at 190m depth. In Zone 3, lower grade but potentially economic open-pittable mineralisation included 6.7m at 1.8 Pt+Pd some 90m below surface and 36m at 1.8 g/t Pt+Pd only 75m down."

https://www.proactiveinvestors.co.uk/companies/news/226/eurasia-mining-revisited-0188.html

GLA

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

There were always plenty of clues in their hash tags. Time for another nice chilled can of Koka Kola after looking at the directional drilling pic again.

GLA

At least we know what the complex project is now - "but this is going to be a complex one, involving the whole range of our tools and services."

AP, Rosgeo and Eurasia mining have all been secretly working together on things until they wanted to start to announce the district. Phenomenal for Eurasia shareholders tbh!

GLA

That UT system again haha

Another day closer either way chaps. 9 long FSP months, i know a few said March due to possible Covid delays etc, but did any see it going on this long and with good fundamental news drops along the way?. I know i didn't, i knew what they had done in the MT area previously, it was trying to figure out what they could get passed through licensing that was a mind boggler. That Rosgeo JV solved the entire licensing expansion issue in one fell swoop!

GLA

April fools Jobrads!

GLA

You're welcome, if you follow them on social media you will also see that they've signed contracts with Rosgeo lately, everyone is in working together on it all tbh.

GLA

Also, as the exploration manager he's been very busy -

"absolute.precision
Exploration Manager of Eurasia Mining PLC Alexei Boucher visited our office today in order to discuss a joint project with our company. We can’t share the details yet, but this is going to be a complex one, involving the whole range of our tools and services. Stay tuned for the updates!"

https://www.instagram.com/p/B-ZhwV-jEjC/?utm_source=ig_web_copy_link

GLA

Twitter silence EpicOG that's where. He hasn't tweeted for a very long time, social media silence on his feed since this all started to become a very serious M&A situation.

GLA

Indeed CAW, but there are only 3 intrusion clusters globally, all of them will need to do something similar for the green energy revolution. An open pit area will always fair better, less AISC etc. We could see some fierce competition between big players over the coming years as they all look to increase their market share position. All the better for us lovely Eurasia shareholders!

GLA

GLA

The currency conversion changing also makes a slight difference depending on when the calc was done.

Still think it's an April fools however.

GLA

Some people are funny, look, $81bn = £58.68 . . . . divide by the approx 2.9bn share total after options etc = £20.23

Use the exact share figure and it will work out at the price stated i bet lol

GLA

It's an elaborate Aprils fools if that is what it is haha

Consortium fits the district though lol

GLA

And this - "do not make basic purchases prior to linking consortium notes"

GLA