Member Info for mac4671

"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!

#eurasiamining @inertialsensing #limgroup @xplorationproducts #absoluteprecision #aplimited #twingyro #slimgyro #corepro #acoustic #drilling #mining #engineering #surveying"

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

"Alexei Boucher
Alexei has a account
Exploration Manager / Project Manager– Eurasia Mining PLC – Eurasia Mining Plc"

https://www.linkedin.com/in/alexei-boucher-b684b0121/?originalSubdomain=ru

"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." -

"The essence of this pack of services is to obtain real data using high-precision tools, and then use this data to create accurate models of blasting process in iBlast software and predict the blasting results, thus optimizing the blasting jobs."

The abroad bit is Canada btw - "We’re excited to perform first stages of this project during the upcoming months, both in Russia and abroad."

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

They'll be involved in many stages after being seen with our Exploration manager and known to have had work meetings with our operating partner at Monchetundra AIMHO.

A picture paints a thousand words -

https://twitter.com/R1EXG/status/1343650836602384387?s=20

GLA

Absolute Precision LLC

"Last weeks of 2020 were even more busy for us than usual, and we had some important business trips and meetings going on. One of them was a journey to Murmansk.
Murmansk Oblast is a region that is very rich with minerals and, what is as rare as important, with excellent logistic routes. 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.
We also agreed to hold workshops with such industry giants as Phosagro and Nornickel.
Absolut 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.
Stay tuned for the updates!"

Good old Monchegorsk location tag -

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

Same warehouse Alexei was in last year......

https://twitter.com/AlexeiBoucher/status/1142812883186790400?s=19

Warehouse full of stacks upon stacks of rock samples from drilling.......

https://twitter.com/AlexeiBoucher/status/1141998792985784320?s=19

"A Detailed Project Design Report was contracted to Central Kola Expedition and approved by Murmansk Nedra in October 2019. The report sets out the statutory work required to complete a detailed Feasibility Study (Russian standard equivalent of a Definitive Feasibility Study) and a revised reserves statement building on the existing Feasibility Study and state approved reserves."

https://www.lse.co.uk/rns/EUA/annual-report-and-accounts-sikzqj9pkwa6gdz.html

All just a pure coincidence, honest your honour lol . . . . . .

"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."

GLA

Typical time frame between non-binding to binding

We're well into the 2nd half of the suggested window from the non-binding deal RNS -

"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/

Rhodium price through the roof, feet up and relaxed.

GLA

Blockchain RNS -

"Eurasia are collaborating with Bankex to explore the potential for applying blockchain based solutions to develop resource sector mining projects, although there can be no guarantee at this stage that this will be achieved.

The rationale for the early stage collaboration is that the majority of PGM mined for industrial uses are used in industry to clean exhaust fumes in diesel and gasoline drivetrains and in much larger engines at oil refineries and chemical plants. These 'Green Metals' are particularly important in protecting the environment for future generations, and will continue to find applications in a more carbon efficient future. Eurasia and Bankex are interesting in exploring the possibility of creating a special purpose vehicle to apply blockchain based solutions to developing Green Metals mining projects."

https://www.lse.co.uk/rns/EUA/company-presentation-actxzv2r7t2dtfw.html

2017 Eurasia were actively associated with blockchain developers -

https://www.lse.co.uk/rns/EUA/memorandum-of-understanding-signed-with-goldmint-4x4625f76xsqao0.html

Things could be complicated due to Eurasia having a role in any future blockchain systems where the metals from the assets are used to back tokens up etc.

Some will remember the original Lybrion listing for 'Green Metals' and Eurasia named there. It's another dynamic that could have created complexities in the FSP. Not sure how though, because, well, blockchain and crypto is a whole new addition to the precious metals (green metals) sector.

Dmitry is a genius, well ahead of the game at all stages. New guys 'n' gals, have a little scroll down the page to the executive team section -

https://lybrion.com/

GLA

"When you start off with a mine do you pick a sh*t place or the best place to start ?" - It would definitely be financially astute to target the Butyrin vein asap. Not only does is have Rh-rich Pentlandite, but it has good grades of other in demand strongly priced metals. Hammer and tong for this season with multiple wash plants to process the ore would potentially be a financial game changer for Eurasia imho. Well, at their in production WK asset anyway.

GLA

Dmitry is such a tease by the way, mentioning the Rhodium in interview like that, dropping just enough info for an inquisitive mind to have a dig around and find the anomalies.
Rhodium anomalies at both assets, $27000 an ounce, what's not to like?

GLA

On the kytlym link, select figures, then look at the geological map picture. It's definitely on Eurasia's land.

Lool at that lovely black area West of Kytlym, marvellous!

GLA

Lol hoochy, those green boxes are not going to like this weeks kermit finger raises, that's for sure haha

GLA

I'll Rho that bad boy out a few times through this next week, well, if the FSP news doesn't drop first thing Monday!

Have a good weekend all!

GLA

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

I'll have to knock this up into a regular post for this coming week, another good old kermit finger raise to the green boxes lol

GLA

And the dust that green box used to try and yabber on about Isomer lol -

https://www.youtube.com/watch?v=YZYx5IyCprc

GLA

He mentioned the Rhodium credit Hoochy, it's just took some digging around to find out where it possibly is at West Kytlym, all fingers point to the Butyrin vein imo.

It's shallow at WK, we should all go with barrows and shovels to help get some Rhodium out lol

GLA

Have i mentioned the Nickel yet, if not, well yes there's Nickel there too. Eurasia never ceases to amaze me tbh.

What i would give to see what's in that DFS now!!

GLA

Good copper and iron in some tables. A favourite insert i can see there myself is this one -

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.

Shouldn't have peaked, getting even more excited now tbh!

GLA

I'm going to make the assumption that they kept this vein secret while the 3rd party contractors were on site. Now that Eurasia are 100% operating West Kytlym, that vein could be a high priority target imho.

DFS allows them to mine multiple places simultaneously. Have a run through the tables for the Pd levels etc!

GLA

"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"

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

GLA

Enjoy every day you get. Snowman, Gary, and the stories from fellow shareholders on this board all tell the same story, and that is to make the very most of your time. Life's a very short and precious thing and it's a tough old slog at the best of times.

Take the best of care you can, good luck with any and all treatments, all the best to all of you.

GLA

You're welcome, guts to hold on large swings for some i would imagine, but if you're here for the end game then the swings don't concern you too much. Yes, we've got to keep the facts circulating pepsicle, as you say, they get drowned out quite rapidly if they're not repeated fairly often.

Containing the excitement is hard, even more so with this commodity supercycle being touted!

Plander, everyone would like to know the Rhodium specifics right now, watching that bull run has the eyes popping out quite a bit tbh, jaw on the floor quite a bit as well.

Monday is the 8 months passed point of the FSP, what a journey so far, hopefully it doesn't have much longer to run.

GLA

It's easy to be confident Pepsicle. All historical geological data tells the same story as the BOD of Eurasia tell, in fact, tbh, the BOD are playing the story down quite a bit. Everything they've released to date can only be increased upon, resources, current license held areas, production outputs etc etc.
As the metal prices increase more resources become economically feasible, grades once ignored become significant. The position Eurasia are currently in will be the envy of many of the big players out there.

GLA