Member Info for mac4671

Indeed, great to see -

https://www.apmex.com/palladium-price

GLA

Oh come on then, please do explain how that post is rampy newtothisgame. The title is simply a question, the cheap one is you, who attempts to attack other posters for no reason. Is your green boxed accounts no longer getting the attention you require?

GLA

Rampy?. Highlighted how NN can get ready for operations very easily, jeez you are dumber than i thought. There is nothing rampy about that, you need certain equipment for certain jobs.

That type of truck will end up at MT either way, due to the similar harsh weather conditions.

You're that dumb it actually hurts newtothisgame2

GLA

20 trucks is quite the fleet tbh. Just shows how fast they can move when they want to though, and it highlights how strategic their already set up facilities are. Their facilities are already in certain areas, for them to go from A to B is very straight forward. Those type of trucks would also be required at MT, to keep operations going through the winter there.

GLA

Non binding to binding is the final part of the epic journey!

The BOD have simply progressed the asset on the ground to gain maximum value from it, for both themselves and the rest of us lovely shareholders.

Culmination -

noun
1.
the highest or climactic point of something, especially as attained after a long time.
"the deal marked the culmination of years of negotiation"

"As you are aware, our Company is now in an offer period and has appointed several professional advisers including UBS on investment banking side and recently DLA Piper on the legal side to work with the Company through the sale process. This strategic decision was the culmination of many years of hard work by our team in realising the value in our projects."

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

CULMINATION ladies and gents.

Parties interested In MT, have been interested for years now. The company has simply taken their assets through development loopholes in order to get maximum value as a seller -

"A detailed work programme for future activities at Monchetundra has been prepared. However since then Eurasia Mining has received two approaches from third parties who have expressed an interest in acquiring outright, or acquiring an interest in, the Monchetundra licence.

The Company has therefore engaged in commercial negotiations with both parties with a view to considering and negotiating a suitable transaction that is in the interests of all parties, but specifically Eurasia shareholders. This process has recently included site visits to the project and from which positive feedback has been received."

https://www.lse.co.uk/rns/EUA/strategic-and-operational-update-7dsdelsdkxz5jen.html

It's crystallise substantial value from our Monchetundra time, ladies and gents -

"Should the Company crystallise substantial value from our Monchetundra interests it would be a highly significant achievement, however whilst discussions continue it is important to progress the asset on the ground. By securing a Discovery Certificate for the licence and by pursuing various exploration and development steps, we believe we can add significant value to our interests and increase the degree of commercial interest, for any parties wishing to engage with the project."

https://www.lse.co.uk/rns/EUA/monchetundra-operations-restarted-k5qgv48x511odqt.html

DLA Piper is the very last part of the formal side of things, the legal purchase & sales contract.

"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."

Tick tock, tick tock . . . . .

GLA

Certainly a handy piece of kit for areas with certain weather conditions -

"Mining dump trucks BELAZ-7555V in the Arctic version are most suitable for operation in the harsh conditions of the Arctic at temperatures up to minus 50 degrees"

GLA

For anyone who doesn't have twitter -

"Twenty new Belaz-7555V mining dump trucks are being assembled at Norilsk’s central motor transportation company. This requires some serious skill!"

GLA

For anyone who doesn't have twitter -

"Twenty new Belaz-7555V mining dump trucks are being assembled at Norilsk’s central motor transportation company. This requires some serious skill!"

GLA

https://twitter.com/NornickelGroup/status/1359484639375745024?s=20

GLA

"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."

Interest in the FSP will be extremely high, make no mistake about that, the industrial demand for the metals there make MT the perfect acquisition for any major player out there. Who bids highest wins.

GLA

Copper, Cobalt and Nickel as by products Saxon, you couldn't make it up lol. Right at the start of a green energy industrial revolution. It's hard to contain the excitement tbh, especially at this stage!

GLA

It's just a minor complication in the grander scheme of things. There was a time i had a 0.7 average and it dipped down into the 0.2's for a while. In those times you either bail, or, you stick to your research and conviction that you're in a great share. I averaged down a lot around that time and it's when i built the vast majority of my holding, of course i made top ups after then, but, that was the main window of opportunity in my eyes at the time so i grabbed as many as i could.

Dips are buying opportunities in the right stocks, that's what i've found in all my investing to date. Thorough fundamental research is what allows you to find the absolute gems out there and stick to your guns. It's always only ever down to yourself, what decisions you make with investing, and making the right decision can only come from being in the best informed position you can be through research.

Anyway, the FSP will conclude, a deal will be made binding, every large player out there will want Eurasia's assets due to the current industrial demand environment AIMHO.

GLA

It gets a lot of attention, as does Platinum. What's rarely wrote about is Rhodium and look at its price. The beauty of Eurasia, is that you get exposure to a whole host of very valuable metals all in one place. The metal basket here is extraordinary, there is no other way to put it.

GLA

Non binding to binding is all that is left for Eurasia mining.

Parties interested in MT since 2015.

Every day that passes is a day working on the binding deal........tick tock, tick tock, tick tock

GLA

It will be a monster deal, the majority are underestimating the chess position of MT, in regards to expansion into the surrounding complex and massif. The Russian laws on 5km exclusivity, makes Eurasia's position the envy of a lot of the major players out there. The asset and their strategic position is an absolute one off, there is no other out there in such a position and at the base of such a huge industrial clean energy revolution, every bit of the chess board has moved in Eurasia's favour, even Covid, not time wise, but, their assets have proven to be workable throughout a pandemic while other mining methods and parts of the world have struggled badly.

When it lands, i think there will be a few who have their eyes opened somewhat.

Every day is a day closer.

GLA

Remember, an ii bought approx $10mn worth not long ago at 29p.

GLA

Just past $1200 as i post this - ($1202.90)

https://www.apmex.com/platinum-price

GLA

40Moz is just the taster of what can be expanded into from Eurasia's first mover position -

"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."

Interest in the FSP will be extremely high, make no mistake about that!

GLA

EMH very well positioned -

https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f

GLA

They'll want the commodities for the commodity supercycle -

https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f

Feet up, relaxed, watching everything unfold as it should......tick tock, tick tock......

GLA