Bonanza grade Rhodium and Palladium areas at West Nittis and NKT8 Jan 2021 13:10
anomaly
noun
1.
something that deviates from what is standard, normal, or expected.
"there are a number of anomalies in the present system"
"positive Pd and Rh anomalies and relatively high Pd/Ir ratios of more than 20" - Normal talk : BONANZA grade areas. . . . . . .
https://orca.cf.ac.uk/112128/1/Critical%20Controls%20on%20the%20Formation%20of%20Contact-Style%20PGE-.pdf
We're all in for a welcome surprise imho, something that conservative reports like the acf report couldn't have possibly factored into any conservative valuations. But, due to what has been handed over to Eurasia, it can all be factored in to the sale valuation within the FSP. Recent drilling data and PFS work is a very big bonus for an area containing bonanza grade areas -
"Since the final approval of the Flanks licence (see RNS of 25 August 2020) the Company has been putting together the database of information from previous drilling campaigns in the Flanks area, that is considerable. 48,405m drilling (announced via RNS of 18 August 2020) is related only to one part of the Flanks License (NKT) and comes on the top of 33,100m drilled by Eurasia's Joint Venture with Anglo American Platinum. The Russian feasibility study on the NKT palladium dominant mine (within the boundaries of the Flanks License) gives 15% IRR at the palladium price of $659 per 1 oz, while the current palladium price stays above $2,000 per 1 oz due to long term structural deficit in the palladium market."
https://www.lse.co.uk/rns/EUA/interim-report-z4vq8goh3rc2usr.html
"Extensive prior drilling campaigns with c.48,000m drilled at NKT, a part of the Flanks application."
"Our predecessors also developed targets in the NKT area, and areas to the east of the Loipishnune deposit, and these work programmes in 2015-2017 resulted in pre-feasibility studies lodged with the State Cadastre of Mines in Russia."
https://www.lse.co.uk/rns/EUA/general-update-and-institutional-placing-at-225p-yh2uz9tcbjepr54.html
GLA