Member Info for mac4671

Norilsk, Norilsk, Norilsk . . . . . . . .

"The Company would also like to highlight further regional potential specifically in the Volchetundra Project, previously operated by the Company under a Joint Venture with Anglo American from 2004 to 2011, and subsequently surrendered to focus on the Monchetundra Project. Volchetundra occurs 5 km from Monchegorsk. This high palladium deposit now becomes of interest given the recent price appreciation in palladium and the future price outlook. Palladium prices through 2011 averaged less than $600 per ounce. The Company's database of proprietary information including 12,000m of drilling will be compiled in due course to reassess the projects future potential development. If the Company did want to explore this project again, it would have to re-apply for the relevant licences and there can be no guarantee that they will be granted."

https://www.lse.co.uk/rns/EUA/monchetundra-update-y1zwj1c5tpmei84.html

“We have always noted the significant potential in the [Monchetundra] area which we now more strongly believe can be developed into a new global mining region for PGM to rival other large PGM producing regions of the world, including the Bushveld Complex in South Africa and the Taimyr Peninsula in Russia”,

https://www.proactiveinvestors.co.uk/companies/news/908445/eurasia-mining-climbs-as-it-says-licence-applications-for-monchetundra-and-west-kytlim-progressing-well-908445.html

GLA

The ground at the assets and surrounding area has never changed, it's all still there and for sale -

"The massif extending in the north westerly direction is approximately 30 km long and 2–6 km wide"

https://www.researchgate.net/publication/252268728_The_Monchetundra_Basic_Massif_of_the_Kola_region_New_geological_and_isotope_geochronological_data

If it is Eurasia that have applied for Volchetundra, they have already done some exploration there in the past -

"This finding led to targeted prospecting for PGE,which was performed in 2004–2008 by the JuksporMining Company funded by the Eurasia Mining PLC."

"The Volchetundra massif occupies the middle part of the gabbro–anorthosite complex of the Main Range, which includes the massifs of the Chuna, Volche, Losevy and Medvezhy tundras extending in the near meridional direction (Fig. 1b). Their total extent is 75 km and a width of 1–10 km."

https://www.researchgate.net/publication/260958520_Low-sulfide_PGE_ore_in_the_Volchetundra_gabbro-anorthosite_pluton_Kola_Peninsula_Russia

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

GLA

M&A experience no longer needed, there can only be one reason why. Tick said to tock, pleased to meet you, i've been chasing you for a while now.

"Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others."

Bring that bad boy to shareholders view, we've been good!

GLA

He's there, over there, earl grey in hand chanting Norilsk, Norilsk, Norilsk lol

GLA

He was only brought in as an advisor for one purpose, when that job is complete, there is no longer any need for his advice -

"Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others."

See, even these recent events point to a satisfactory non binding deal situation being on the table, a resulting bidding war between the strongest parties, and then, after some to and fro, the large deal landing. It can land any time now.........Norilsk, Norilsk, Norilsk....

GLA

Mr motivator was well motivated -

"Mainly for his assistance with Lesego Platinum and to ensure Mr. Churakov's motivation without further dilution of Eurasia shareholders, Mr. Dmitry Suschov has transferred 25.472% of the share capital of DELOAN INVESTMENTS LIMITED ("Deloan") (a company beneficially owned and controlled by Mr. Dmitry Suschov) to VENUS GARDEN HOLDINGS LIMITED a company beneficially owned and controlled by Mr. Churakov for a nominal consideration with effect from today. Deloan holds a substantial shareholding in Eurasia."

Norilsk, Norilsk, Norilsk, the Russian's chanted, cheering their top dog to victory......

GLA

That was pretty silly and pointless now wasn't it.

Advisor services no longer needed from an M&A expert, who has kept all the shares Dmitry gave him to ensure he was motivated go get the job done........tick, tock, tick, tock

GLA

"ENABLING THE TRANSITION TO A GREENER WORLD" - That's what it's all about CAW, from now until 2030 we will see massive changes, NN buying Eurasia to utilise the Monchetundra asset for supplying the likes of Tesla is one of the main steps tbh. I have not been able to find an area that is as resource full as Monchetundra anywhere else. It's practically fresh, bursting at the seams and ready to roll for a highly experienced entity like Norilsk. They must be rubbing their hands that it's already right next door to their facilities, logistics is an absolute doddle for them.

GLA

Why Norilsk, quite simple really hoochy, they have global palladium market dominance, they won't want to give that up. Could potentially move with a few people involved, but, make no mistake, Norilsk will be at the helm of it all.
They also had a meeting with UBS just the other week, pretty hush hush, points to a NDA environment, and strangely enough it was after the RNS of non binding deals being on the table.

Why would they need to go to UBS, the answer is in what CAW posted, a bidding war to be victorious in -

"On May 3, 2007, Norilsk Nickel made an initial unsolicited offer for all the issued and outstanding common shares of LionOre at a price of $21.50 in cash per share, for a total cash consideration of $5.3 billion. Norilsk Nickel's initial offer was in response to the prior offer of Xstrata plc (of Zug, Switzerland) announced on March 23, which had valued LionOre at $18.50 per common share, or $4.6 billion in totals. Norilsk Nickel's initial offer represented a premium of approximately 16.2 per cent over the Xstrata offer. Xstrata then increased its offer from $18.50 to $25.00 in cash per LionOre common share ($6.2 billion in total) on May 15, 2007, and on May 23, 2007, Norilsk Nickel increased its offer to $27.50 per LionOre common share ($6.8 billion in total), 10 per cent more than Xstrata's offer of $25.00 per share."

Should we expect an approx 20 day bidding war from Jan 14th before news?. A little to and fro between the remaining strongest bidders. That would be Wed, RNS dropped Thurs?, who knows, but at this stage, it really can land at any moment now tbh.

GLA

That big one could take some typing CAW, the length of time it has took and the continuous mention of parties, all points to a big deal inbound.

Norilsk, Norilsk, Norilsk......

GLA

Mr connected has left the game, the game is done. Norilsk, Norilsk, Norilsk, they all cheered the top dog home . . . . . .

"Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others."

GLA

The green box shorters are in a right panic, so amusing to witness again.

Norilsk, Norilsk, Norilsk, i still hear the Russian's chanting . . . . . .

GLA

Just read the thread title, that's what he gets involved in, the green boxes get involved in nappy stacking, there's a massive difference lol

GLA

I bet there won't be many sleeping in tomorrow, some won't even sleep at all!!

The green boxes and their shorts won't get much sleep, that's for certain, burn baby burn.

GLA

Norilsk, Norilsk, Norilsk the Russian's did chant, supporting their top dog. . . . . . . . . . .

GLA

Can everyone see that there on the horizon..........the Vanga bus is coming lol

GLA

M&A experience no longer needed, there can only be one reason why. Tick said to tock, pleased to meet you, i've been chasing you for a while now.

"Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others."

Bring that bad boy to shareholders view, we've been good!

GLA

M&A can only be almost done -

"Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including Lesego Platinum, Boliden Group, Gold Fields, Glencore International, Sumitomo Corporation, Norilsk Nickel, Polyus Gold, Polymetal International, Ural Mining and Metallurgical Company, Russian Platinum and many others."

Services no longer required. . . . . . . . . . .

It's that close you can taste it!

GLA

He has played a vital role in the entire thing, all the way back to setting up the Sinosteel contract -

"·; Mainly for his assistance with Lesego Platinum and to ensure Mr. Churakov's motivation without further dilution of Eurasia shareholders, Mr. Dmitry Suschov has transferred 25.472% of the share capital of DELOAN INVESTMENTS LIMITED ("Deloan") (a company beneficially owned and controlled by Mr. Dmitry Suschov) to VENUS GARDEN HOLDINGS LIMITED a company beneficially owned and controlled by Mr. Churakov for a nominal consideration with effect from today. Deloan holds a substantial shareholding in Eurasia."

If his services are no longer required, it's because the job is done.

https://www.lse.co.uk/rns/EUA/senior-management-team-appointment-kt1zyh9xyapqfu9.html

GLA

No it's positive, you need to understand why he brought here in the first place, if his services were no longer required before Jan 27th then his job was done. If his job was done, something was almost complete at that point, potentially the non - binding deals landing was where his services were no longer required. How he was brought in to begin with, all revolved around him being motivated for success, similar to Citic and UBS working on a success fee basis. It is almost done, there is no better sign imho.

GLA