Member Info for mac4671

The other noticeable point is that they name Russia as the place they source Palladium from.

The entire world is looking to secure their supply lines of critical raw materials right now, some they can source on home soil, but others, well, there are only certain areas of the world which has them.

GLA

There's a lovely big blue dot on a certain area of Russia which is labelled Palladium ; )

GLA

PGM's -

https://ec.europa.eu/docsroom/documents/42883/attachments/1/translations/en/renditions/native

GLA

From lockdown a little perhaps, from this share absolutely not, why would a share which holds millions of ounces of metals that are all heading north in a super cycle be shattering?. Exciting is the word i would use, look at that Rhodium price, look at its 12 month chart.....beautiful!

GLA

Traders for sure travis, one of which even put their strategy on the board for all to see not so long ago.

The only possible thing creating any selling pressure at this stage!

Can't blame shorters anymore, they've all closed shop apparently.

GLA

The time is flying by . . . .

"5. Second Bidding Round and Process Letter II
By deciding on whom to admit into the next round, the process officially enters the second phase. This phase is determined by the opening of the virtual data room as well as intense due diligence done by the prospective buyers and their advisors. It usually covers a range of four to eight weeks and is governed by the process letter II. Towards the end of this phase, the buyers, given continuing interest, must submit their binding offers, which determine who will enter the final negotiation phase."

https://merger-strategy.com/the-non-binding-offer/

GLA

We're in a FSP long, where buyers have been putting valuations on what Eurasia have, we're here to discuss the share not the largely irrelevant short term sp fluctuations that happen with absolutely every share in the world, not just Eurasia.

People who focus on the SP are short term mindset people, people who won't fully appreciate the strong fundamental value that Eurasia has. As the super cycle picks up pace, the value only gets stronger.

GLA

You highlight how rare Rhodium is riteview, could you imagine having positive anomalies at both assets. . .

Eurasia's beautiful Rhodium anomalies! What i would give to have a look through the DFS specifics, certainly a great anomaly to have with the current pricing, that's for sure.

Listen carefully at the 3:30 - 3:50 area -

https://www.youtube.com/watch?v=d_YMY6yiMDE&feature=youtu.be

WK -

"Consistent with this anomaly, the paragenesis of platinum-group minerals (PGM) includes abundant Pd-bearing PGM, two unnamed phases, (Pd,Fe,Cu,Ni)(9)(S,Hg,As)(8) and Rh(Te,Hg), and alloys in the system Pt-Fe-Cu-Ni"

"Rh-rich pentlandite
KT 150-154 A bis 3 3 0.39 0.00 12.13 24.95 27.12 0.33 0.05 0.00 0.40 31.7 10.36 97.44"

12.3 being the Rhodium.

https://www.researchgate.net/publication/276054678_Unusually_pge-rich_chromitite_in_the_butyrin_vein_of_the_Kytlym_Uralian-Alaskan_complex_northern_urals_Russia

MT -

"positive Pd and Rh anomalies and relatively high Pd/Ir ratios of more than 20"

"supporting a lack of cumulus sulfide, whereas harzburgite from Travyanaya has
higher PGE concentrations and features an enrichment in PPGE relative to IPGE with
positive Pd as well as Rh anomalies and a high Pd/Ir ratio of more than 75". . . . . . .

https://orca.cf.ac.uk/112128/1/Critical%20Controls%20on%20the%20Formation%20of%20Contact-Style%20PGE-.pdf

GLA

4 times the value for being Norilsk's neighbour would be ok by me riteview, i don't think many other shareholders would have any complaints at that.

It's ready to roll, very straight forward asset to take into production for any major player.

GLA

PGM super cycle.......

"JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) are moving into a super cycle and producers are working with end-users to prevent the metals going through a repeat of the demand-destruction phase that took place in the early 2000s, Sibanye-Stillwater CEO Neal Froneman told the BMO conference on Monday"

https://m.miningweekly.com/article/super-cycling-pgms-being-shielded-from-demand-hit-repeat-of-2000s-2021-03-02/rep_id:5582?_

All of them contribute to the numbers nicely, but, Dmitry homself mentioned the Rhodium credit in interview, appearing excited at $5000 an ounce and it has multi bagged since then!

GLA

11/03/21 - I'll have another stab, it's been quite some time since my last guess lol

If you could add that to your list Ian that would be great, thanks.

GLA

I was just pointing out that even small percentages of Rhodium change things significantly Hoochy. Someone said there was only 0.5%, so.....

15,000,000 Oz divided by 100 times by 0.5 = 75,000. . . . . 75000 x $27000 = $2,025,000,000

22,000,000 Oz . . . . . . . . . . . $2,970,000,000

The Rhodium factor is far greater than people think, even if it does just end up being a small percentage of total metals mined, due to it's very large price, small amounts equal very big potential returns. It was at $5000 an ounce when Dmitry said there was a significant Rhodium credit and appeared quite excited at that level in interview.

It's not worth those figures to us in the current FSP situation, but, even a change of a few hundred million dollars onto an buyout price = more money into shareholders pockets.

GLA

Is just what the shareholders here at Eurasia want -

"JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) are moving into a super cycle and producers are working with end-users to prevent the metals going through a repeat of the demand-destruction phase that took place in the early 2000s, Sibanye-Stillwater CEO Neal Froneman told the BMO conference on Monday"

https://m.miningweekly.com/article/super-cycling-pgms-being-shielded-from-demand-hit-repeat-of-2000s-2021-03-02/rep_id:5582?_

The guys at WK can't stock pile that ore fast enough, the trench just gets bigger and bigger. Imagine how big it will be by the time the thaw lands ready for processing!

https://twitter.com/R1EXG/status/1366690495787917314?s=20

GLA

Sorry, north east i meant.

GLA

You're welcome Awstin, if you ever fancy a mountain bimble, that is also close by, north west from Kytlym lol -

https://aquamarine-moscow.ru/en/ispaniya/konzhakovskii-kamen-naivysshaya-tochka-na-severnom-urale-podem-na.html

GLA

With google you can zoom out looking west and see the area named Ust'-Typyl, i can only assume that's the area our Tipil flanks license covers, again spelt slightly different but referencing the local name for the area there.

A lot left during suspension days for the telegram group Benjammith, here was fairly chaotic with constant shorter board attacks claiming one doom story after another during that time. Jub capital being the main culprit going from what happened after suspension when the SP rapidly climbed and they went bust from having a short left open. Their posting monikers were very aggressive at point when they realised they were doomed, attacked one positive poster after another as their final and last ditched attempt at salvaging anything.

GLA

The mountain is Mountain Kosvinsky Kamen, not sure if that would take you back from Monchegorsk in a search or not Awstin. I zoom out and back into Kytlym when i'm being nosey, i've got used to the shape of Sverdlovsk Oblast so know where Kytlym is from a zoomed out view.

GLA

No worries Awstin i think we all did when we first looked tbh. But from google maps/satellite you'll see it's spelt Kytlym -

https://www.google.com/maps/place/Kytlym,+Sverdlovsk+Oblast,+Russia,+624945/@59.5163481,59.131426,13270m/data=!3m1!1e3!4m5!3m4!1s0x43ecb8e36d27164d:0xdc0537999bcda2bb!8m2!3d59.501804!4d59.2003591

GLA

Kytlym Awstin, but yes it won't accept it for some reason. Just close and follow the link i posted here. Head east from the clearing and you'll see a mountain, go to bottom of mountain and head east a little bit again and you'll see a snow covered area, the fuller bottom right area of that is kytlym. It's wrote in Russian as you zoom in on it though.

GLA

At the 'go to place' option at the top right you can also type in Monchegorsk to have a nose there, you'll see Monchegorsk has a lot heavier snow covering when you zoom in to it. We live in such great times, technology lets us have a nose at things at the other side of the world with a few clicks of a keyboard, we're spoilt tbh.

GLA