Member Info for mac4671

Where Monchetundra PGM's will literally drive past you as you're walking -

https://renews.biz/64219/european-green-hydrogen-acceleration-center-launched/

Monchegorsk Developmemt Agency, ready for the Hygrogen economy. Russia's path to great fortunes in a clean energy revolution.

Tick tock, tick tock, tick tock. . . .

GLA

For a hydrogen economy?

https://renews.biz/64219/european-green-hydrogen-acceleration-center-launched/

GLA

"The 51-acre site will have its own wind turbines and solar panels that will feed a 9MW electrolyser to extract hydrogen from water, meaning the entire process is completed without any carbon emissions. There will be capacity to increase the electrolyser size to 20MW in a second phase of expansion, taking initial production from 800,000kg of hydrogen per year to one million kg per annum."

https://www.heraldscotland.com/business_hq/18844258.developers-making-hydrogen-fuel-glasgow-in-time-cop26/

GLA

They're running the FSP Afterburn450, it started on July 1st. That's why each 8.5 starts with this -

"PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY"

They have got more regular recently. There were quite a few recently which looked like short CFD's closing. Not 100% sure whether they're legit trades, or if they're some form of compliance checks to ensure Eurasia is still actively trading on the exchange in all capacities.
Hoping this run of regular ones in the run up to the deal landing. DLA Piper, the legal team, have been here for quite some weeks now doing what appears to more than likely the sales & purchase contract. There isn't any other reason for them to be here this far into a FSP tbh.

GLA

"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"

DMITRY SUSCHOV
Mergers and Acquisitions Officer - the man, the myth, the legend himself!
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, therby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS.

"Mr Suschov has a successful track record of leading the strategic sales of companies in the natural resource sector including the sale of a silica sand mine and the second largest global carborundum production company to Indian Murugappa Group, the sale of a natural resource company to Danish natural resource fund, the sale of a gas company to a major Russian investment group and other deals."

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

"UBS has chosen its clients wisely "

https://www.bloomberg.com/news/articles/2020-08-03/ubs-quietly-jumps-to-highest-m-a-spot-in-europe-in-over-decade

"For the tenth consecutive year, DLA Piper earned the top legal advisor ranking globally for overall M&A deal volume according to the 2019 Mergermarket league tables."

https://www.dlapiper.com/en/us/services/corporate/mergers-and-acquisitions/

We have the best possible M&A team out there, it's just a matter of time before they bring it home.

GLA

West Kytlim -

"- Feasibility study commissioned to approve all resources on the license to mineable status and allow increases in production volumes without further exploration drilling."

"Single Feasibility study targeting upgrade of all resources to mineable categories"

P.S It's already in production.

Monchetundra -

"A Detailed Project Design Report was contracted to Central Kola Expedition and approved by Murmansk Nedra in October 2019. The report sets out the statutory work required to complete a detailed Feasibility Study (Russian standard equivalent of a Definitive Feasibility Study) and a revised reserves statement building on the existing Feasibility Study and state approved reserves."

P.S Sinosteel EPCF already in place to take it to an agreed production volume.

https://www.lse.co.uk/rns/EUA/annual-report-and-accounts-sikzqj9pkwa6gdz.html

Wk, Sept interim -

"The Definitive Feasibility Study (DFS) commissioned to GIP (designed to upgrade all resources identified on the West Kytlim mining license to mineable categories) has now been submitted for approval to Rosnedra (Russian state agency for subsoil use) in Moscow."

MT - No mention of DFS in Sept interim, probably done. Focus on new PFS and drilling data in flanks -

"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

GLA

Engagement with CITIC and VTB Capital Oct 19

"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it."

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-75c925zx7g386wg.html

GLA

No worries Afterbum450. I'll drop some time saving stuff into this thread -

"Scalable project - potential to create a new PGM district : 40Moz target resource in district : Well understood geology and access to historic drilling data underpins 40Moz resource estimate"

https://www.eurasiamining.co.uk/investors/presentations

GLA

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.

Johny come late types and green boxes have absolutely no idea.

Tick tock, tick tock . . . . .

GLA

What i do Dale, is i set an alarm, wake up and check here via my phone, no red dot = roll over and back to sleep lol
There's zero stress involved with my long term shareholding strategies.

GLA

"Maybe new cranes are needed to lift our wallets tomorrow" - rammed full with Palladium coins as far as the eye can see lol

GLA

The person in the vid makes a very valid point. Everyone is wanting to make EV's, there is only European Metals on their door step who can supply fairly shortly tbh. There's a lot of pressure on all car companies to secure what will be needed, and Tesla does have a tendency of moving first and moving fast.

It will be very interesting to see exactly what happens here over the next couple of years, and even in the very near term with such a huge and easily accessible lithium resource.

GLA

Us and NN could have a RNS first thing, if it is to do with us. Everything to do with the Monchegorsk Development Agency being set up, looks like it could very well be for us patient shareholders of Eurasia.

MDA set up - Norilsk announce.

EUA board switches - shortly after announcement

DLA Piper taken on - MDA mentioned at our side

Fast forward some weeks - Secretive transaction/deal at NN being discussed via board meeting. . . . . . . .

GLA

Nothing like a little bit of blue to get the board excited.

A day closer to the big whopper deal landing.

GLA

Whatever they're doing, it is all hush hush Professor. With our known NDA's in place, if does fit in quite a good way, but, because it's all hush hush, we can't really do anything more that take a educated guess that it is for us.

The Monchegorsk Development Agency may well have been set up for what could happen next, both Eurasia and Norilsk have welcomed it and appeared excited about it. Not long after NN mentioned it, our board was switched and DLA Piper appeared. Coincidence that all of this is going on?. It looks to be a bit more to it than coincidence, all we can do is sit patiently to see if it is to do with us. Fingers crossed that it is, and we have went down the right rabbit warren on this one.

GLA

"Its exactly what would be expected due to NDA’s" - Totally agree Dickie, it's all hush hush for a reason.

GLA

Potentially a small JV stake in something from what is written in that Oct 16th article -

"“Battery metals is going to be very different. It is going to be far more strategic, and it is going to require partnerships” even though the firm had spent 18 months sizing up potential acquisitions, said Froneman. "

I really don't think Sibayne will get this, they appear to be wanting to go into a small JV situation from what is stated in that article imho.

GLA

People do understand what that means, they're looking at something small -

"but would not involve a major transaction that typifies its growth so far."

They got out priced at the last thing they were looking at. This is a typical growth deal for Sibayne, what we were given to bench mark against initially -

"The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play"."

GLA

Time is a valuable thing, watch it fly by as the pendulum swings.

The BIG deals take some time to get in place. No one likes parting with multi billion dollar assets, without knowing they're going to be getting the best value from them.

"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it."

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-75c925zx7g386wg.html

# Citic approached Eurasia Oct 2019

# Engagement letter signed

# NDA's signed & FSP started under UBS

# JUB Destroyed and added to urban dictionary

# DLA Piper taken on by Eurasia. Top of global m&a legal for TEN consecutive years.

# 27/10/20 More LSE power outages which allowed a bot raid on poor captain Tilly. Bot flies of old returned with the same twaddle of days gone by.

#29/10/20 Some traders switched from de-ramp to ramp with new accounts. Bless their quest for lower lows and higher highs!

# 02/11/20 Bot flies were made to walk the plank, all shipmates cheered and drank lots of Rum.

# (02/03)/11/20 A NN transaction meeting was found online and shared. With recent NN involvement with a Monchegorsk Development Agency, and Eurasia selling the only asset available there to be instantly developed, it caused great excitement throughout Eurasia shareholder land.

# 04/11/20 Mac laughed hard as he fulfilled a fellow shareholders request lol

# 05/11/20 Traders came out in their droves, admitting what many true shareholders already knew about their sentiment swinging posting styles.

GLA

The deal landing gets closer every day for all patient shareholders.

"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. With the final approval of the Flanks license surrounding Monchetundra, the Company has been successful in establishing a dominant position and a first mover advantage in Kola PGM, which, coincident with developments in the PGM market, has spurred interest in the Company.

The board and executive team have now been restructured to fully focus on the sale process."

"Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain. Nevertheless, we look forward to updating our many long-term supporters and new members." - I wonder what they're looking forward to updating us on, hmmmm.

"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." - all drilled and explored, pretty handy i would say.

"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." - It's amazing really, all those gems and more in one RNS!

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

Tickety tock, tickety tock . . . . . .

GLA