Eurasia, what a fantastic share to be in6 Dec 2020 18:59
The Monchegorsk Development Agency hasn't been set up for nothing. It's the foundations of something huge starting over there, that's why we currently have big hitters here batting for us, UBS, Citic, and DLA Piper. It's just a matter of time until how Eurasia will fit in, is all announced. . . . . .
"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
"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."
A Norilsk Nickel tweet -
“The future ‘green economy’ will need more of the metals that we produce. Our ability to ensure production volume growth will strengthen our competitive advantage. We will also pursue more of a customer-centric approach and are accordingly changing our product portfolio.”
The same metals found at Monchetundra, coincidence?. MDA set up there as well that NN are actively involved with. . . . .
We're at the base camp of a HUGE green energy revolution, it will change the entire energy landscape away from fossil fuels.
It's the gov and NN setting up for the entire area, Monchetundra is just the start Broxburn imho. They will want control of the entire area, including Volchetundra. Whoever controls the area controls over 100Moz of palladium equivalent pgm's, with a whole host of other 'green metal' bonuses as by products. Copper, Nickel, Cobalt, REE's etc. Both NN and the gov know exactly what is there, the only thing in the way is the small legal issue of Eurasia having the licenses, one FSP later and that issue no longer exists. It also makes Russia look like a fantastic place for small companies like Eurasia to do business, no ghouls lurking, just straight up business where no matter who you are, you have to be the biggest bidder for whatever is for sale.
Even NN paying top dollar now for what is advertised for sale, is very cheap for what's in the area. There could be a few people/companies involved, just NN looks like they'll be at the helm of it all. This is just my opinion from what is out there in the public domain, and the development of the MDA.
GLA
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