Member Info for mac4671

That's only if you class FACTS as ramping. Which tbh, most factual people find pretty amusing in all honesty.

Metal prices have rallied, assets progress on the ground, the FSP progresses from non-binding deals to binding deal, they're all FACTS new guy.

GLA

It's sat just above the placing price of months ago, it's a gift at the minute tbh Cam. ii's jumped in for $10mn at 22.5p, that's after they've done their thorough fundamental analysis. I'm going to spend most of the weekend trying to figure out if i can free some cash from somewhere and top up myself on Monday. The only things that have changed since that placing is the FSP has progressed to non-binding deals on the table, and metal prices have rallied. So, logic says this is bargain buy territory!

Indeed, today was day 1 of week 6, so we're well into the hot zone of the binding deal news landing.

GLA

All the agendas clear to see. Real LTH's don't care about what the SP does from point A to point B, we care about the company doing what it said it would to get to point B. All the moaning, apparent frustration is all from NEW GUYS, the rainbow chasers, the guys who arrived late in the journey etc. Not one real LTH cares about any of your moaning opinions, we care about the assets on the ground and the FSP progressing, that is all.

GLA

Great by product of Monchetundra -

https://www.mining.com/copper-price-blasts-to-9-year-high-on-demand-optimism/

GLA

Had a look out of curiosity, scrolled back all the way to 11pm yesterday, no rocket in sight. But, there was something familiar there, green boxes, imagine that.

GLA

The tweet, as it appears to have disappeared -

"#EUA Something brewing Hot beverage

Whats all this about IG only accepting 100% long positions from next Friday and then all open positions must close within 30 days.

IG currently only have 2% of shorts open... lowest it's been since re-listing.

Could a bombshell be about to drop "

GLA

All i know is that when a certain percentage goes up, the chat board noise goes up, as if by magic.

Any idea on the 30 day thing mentioned here? -

https://twitter.com/Astonx007/status/1362779581120471041?s=20

GLA

I now also bin miserable people, people named patient but who are clearly the opposite, toodles.

GLA

Rhodium, did someone mention beautiful Rhodium......

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

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

The beauty of all the previous exploration being done in the Anglo JV, is that they already know what's at the areas they're expanding back into.

"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

It's definitely looking like a paperwork exercise in getting things ready and in order for the grand finale CAW imho -

"Options

Executive and Non- executive Directors 02/11/2022 25,000,000
Advisors and staff 02/11/2022 105,000,000"

GLA

Allotted as in share options, the thing they get at the very end of the FSP. Interesting date in March there, that coincides with an 8 week non-binding to binding window does it not?. Well, window from when we received the RNS.

GLA

I emailed them and asked. Apparently, because certain posters on LSE were making claims that their Russian ground had completely disappeared, they've had to scrape the snow back to check that it's still there. To the surprise of the green boxes, the assets, land and all metals are still very much at Eurasia's hand. I know, some of those green boxes will be very shocked to hear all of this, some were almost claiming that martians had stolen it all.

GLA

To anyone who managed to grab some bargains. The MM's play, but realistically they only create bargains for real shareholders.

GLA

While we wait for the non-binding to become binding, what's not to like?

"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.

Progress to date has been slower than expected reflecting the complexity of the process, involving several parties and structures, as well as external factors including COVID-19 related travel restrictions, and more recently delays resulting from western and Russian holiday periods. Notwithstanding these factors, discussions regarding proceeding to binding proposals are continuing."

GLA

What a morning for boxing. It's quite odd that they think creating account after account to spread the same nonsense makes the nonsense more credible. You're the same lame people who have been creating accounts here for a very long time.

The old hindsight investors who have nothing to argue against the hard company facts.

Board of the keys bashers level 4 experts, that is all.

GLA

But just remember, we already knew because of a certain 'eye in the sky' -

https://twitter.com/R1EXG/status/1360532202132566017?s=20

The negative agenda types will never get one over on the Eurasia shareholders, as a collective we're far too well researched, and, well, nosey lol

GLA

Yes Blue, i can also see lancerman there with his turbo tunnelling garden trowel, he must have popped to WK after doing the resource upgrade exploration at MT, what a guy lol

GLA

They're continuing to work hard on the ground for all shareholders. DFS done for expansion at WK, they are best to make use of that while the FSP goes on. Platinum price is nice and strong, changed a lot over the last 3 months, get that $ machine printing away!!

GLA

Updated late January -

"The Company and its professional advisers continue to work on the Formal Sale Process as recently reported via RNS of 14 January 2021"

14th -

"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.

Progress to date has been slower than expected reflecting the complexity of the process, involving several parties and structures, as well as external factors including COVID-19 related travel restrictions, and more recently delays resulting from western and Russian holiday periods. Notwithstanding these factors, discussions regarding proceeding to binding proposals are continuing."

Now, what about the assets, do they still progress in all of this......YES -

https://twitter.com/eurasiamining/status/1362733751751606274?s=20

GLA

Multiple zones, colossal area to expand into, decades upon decades of resource mining!

"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. Overall, given the current prices of the two metals, the platinum:palladium ratio was encouraging at 0.6:1.

Volchetundra ? a 27km long and largely untested intrusion - was next on the menu, and drilling in late 2006 resulted in a new discovery. Hole VT-17, drilled to the northern side of the licence on a previously untested target, intersected thick areas of mineralisation. First came 44.6m at 1.7 g/t Pt+Pd encountered at 68m depth, though running with a high Pd:Pt ratio of between 1.5-3:1. At 145m down, a further 18.5m found 1.9 g/t, but here the palladium:platinum ratio was much more favourable at 0.3-1.1:1. Deepest of all, at 170m depth, lay a 1m section assaying 11 g/t Pt+Pd, again with a very favourable Pd:Pt ratio of 0.8:1."

https://ca.proactiveinvestors.com/companies/news/226/eurasia-mining-revisited-0188.html

"The Monchegorsk Complex
comprises two spatially separate intrusions, covering an area of ~ 550 km2
: the predominantly ultramafic Monchepluton (~ 65 km2
) and the mafic Main Ridge (~ 485
km2
), which are separated by the Monchetundra Fault trending northwest (Fig. 2 inset).
The Monchepluton is crescent-shaped and consists of six distinct mountains arranged in two branches. The north-northeast-trending branch, reaching approximately
7 km across, is ultramafic in composition and referred to as "NKT Massif", comprising Mts. Nittis, Kumuzhya and Travyanaya (Fig. 2). "

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

"Finally, the Company welcomes the incorporation of the Monchegorsk Development Agency, as announced by Norilsk Nickel on 16 September 2020, established by Monchegorsk's municipal administration and Norilsk Nickel to focus on Business and Investment in the Monchegorsk area, where the Monchetundra project is located."

GLA