Member Info for mac4671

It's a grand day for feet up and sunbathing where i am -

"NKT (Nittis Kumuzhanaya Travanyaha) nickel, copper, cobalt, platinum, palladium, gold and silver with the following potential resources: Ni - c. 298,000 t, Cu - c. 229,000 t, Co - c. 11,300 t, Pt - c. 18.5 t, Pd - c. 55.0 t, (Pt+Pd= 73.5t or 2.3M oz) Au - c. 7.6 t, Ag - c. 185t (as per State Cadastre of Deposits, No. 22 on Murmansk Geological Information Archive Reference Note of 07.03.2019)."

That's just part of things lol

GLA

We have silver at NKT, it's in the snippet breakdown in RNS, we have tonnes of the stuff!

https://twitter.com/ACFER01/status/1376886930730745861?s=19

GLA

With the new map having the MT marked out area, it's very easy to cross reference the area at the side of the road on google satellite for that 15Moz MT area, you can literally follow the road around on the left of it and see all the historical exploration tracks etc -

https://www.eurasiamining.co.uk/operations/monchetundra

GLA

That's it mjs94, we work with what is actually known here, other AIM shares have a lot of nothing and they're just trying to guess what is there. We have hard numbers to work with and all the evidence anyone will ever need that it's all backed up by extensive exploration, even google satellite shows people that.

What's more, is Russia in known for the big mining companies that operate there, and there is a perfect example of how Monchegorsk will develop only some KM's North East at Olenegorsk. You literally couldn't ask for a better 'real life' visible representation, it's all there for anyone to look at.

GLA

"But if it's Eurasia Mining, it's a cult, it's bullying and it is toxic." - It's actually quite alarming how they come here and try to attack the company and any positive posting shareholder tbh, very alarming.

I never made any SP rise prediction, i did however state that if it didn't appropriately re-rate over this week then there are some serious issues with the AIM market. I stand by that comment 100%!

Use what i have put here, the RNS, who Rosgeo are owned by and make your own minds up as to what the chances are of everything working out perfectly fine.

GLA

Google satellite and RNS are big mean rampers, as they stomp their little feet and cry into their tissues mjs94 lol

GLA

What do you think the bot flies will use next . . . . "google satellite is a RAMPER"? Muahahahahahahaha

GLA

You want to have more satellite fun? - Go 8km East from the evident exploration markings just East of the NKT mountain range -

"toll treatment over distances of 5 to 8km"

The area is south east from an mark called Lopar'stan.

All explored and all ready to go, just like that. Good old Rosgeo and their years of exploration in the area. 3 cheers for Rosgeo and Eurasia Mining, hippip hooorayyyyyy. . . . . .

GLA

Want to know what Monchegorsk will look like over the next decade?, look around Olenegorsk for your answer, but understand that there's a total of 11 possible open pits available between MT and the Rosgeo JV, or somewhere heading towards that level if a couple are underground mining ops.

GLA

Want to know where the other PFS was done 2015-2017?. Zoom in and look around south of the area Nyud'yavr -

"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

There's even a very evident road branches off the main road to a wood clearing full of exploration tracks and markings!

It's all very easy when you cross reference everything we know ; )

GLA

Yes, closing positions.

GLA

The NKT mountain range is very easy to see West of Monchegorsk. Remember, 4 assets east of Monchetundra have been explored, block modelled and open pit optimisations done, it's in that recent RNS.

GLA

You see, when i was looking at Monchegorsk using the outdated google satellite feed i could quite clearly see a lot of exploration had been done in the area. It was a topic of confusion at one point, some trying to say no exploration had been done etc, but it was evidently clear that exploration had been done, the tracks and drill hole areas are an easy spot when you zoom in and look around tbh -

https://www.google.com/maps/place/Monchegorsk,+Murmansk+Oblast,+Russia/@67.8741218,32.7713438,5858m/data=!3m1!1e3!4m5!3m4!1s0x4431761ebd85e72b:0xdbf5f7a54ca1b697!8m2!3d67.943134!4d32.8919562

GLA

Our RNS insert about the new FS -

"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:"

GLA

Yes Dedalus, the exploration work in the Monchegorsk area has been going on very heavily for at least 5 years now, hence the NKT pfs done circa 2015-2017. The news is of the latest one, the one that the Rosgeo JV attachs to, feasibility study done as per RNS Dec 2020. The exploration went on for a long time before it was completed!

GLA

Use an old 'who did the better deal comparison' if you want

https://www.miningmx.com/news/platinum/38824-how-does-implats-lac-des-iles-stack-up-against-sibanyes-2017-stillwater-deal/

Take into consideration we have a AISC of around $350, it's very low due to the open pit nature and the weakness of the Ruble.

"(AISC) at steady-state of some $575/oz compared to $622/oz at Lac des Iles."

You'll also note that any 'forecast figures' in the article are also far lower than todays Palladium price. The numbers only grow!

GLA

Indeed CAW, there's a massive focus on ESG now and a lot of it is to do with Telsa. It's a customer everyone wants right now, even more so when he was all over media asking for more Nickel!

GLA

It's hilarious how angry they get Opto, as i've previously stated quite a few times, the calcs i put here are not valuations. But that's what they do, they use a percentage figure for things to attach buying prices to. Go back to sibanye and work out what percentage of the metal price they used at the time for the in ground resources and compare to todays price etc.

Rough calculations from previous deals done in the sector, and as i've already stated numerous times, people can do their own calculations on the numbers we know.

P.S Green boxes bring absolutely nothing to the board to discuss, just nonsense and constant waffle. I'm here as a shareholder to counter all of them.

GLA

The guy with the grey mustache and glasses holding the map as he speaks says "many millionaire Eurasia shareholders will be made, many have already been made and many more will become", that's about the best translation i can do. I'm open to any pointers where i may have got a word or two wrong lol

GLA

Cobalt and Nickel from a ESG focussed source = Tesla's kind of target company to buy those things from!

The positives only pile up the more you think about the wider picture.

GLA