Member Info for mac4671

Professor, Citic engagement letter signed, i don't think anyone has any other option but to try and outbid the Chinese on this one. At the very least, i think we can expect a large bid put forward by the Chinese, from what we know so far, that is pretty much a dead cert imho. Will someone outbid them?, can anyone outbid them?, how high would it go trying to outbid them?.
When you know what they're like, it really does make you wonder exactly what has happened so far in the FSP and just makes you more excited tbh.

GLA

Could you imagine how much money Tesla would save in the long run if he bought an asset like Monchetundra, it would be a colossal figure. They could even throw in a huge offer now, based a lot on what they know they would save over the longer term. For rapid expansion you want everything as cheap as possible, but, a lot of people out there will know that.
Then we have China who are already well known for throwing bids down to price everyone out, and the rest of the world wanting to battle their grip on everything. NN are sat in a position to gain a greater market share due to problems elsewhere in the world.

I know we all have our own figures in our heads of what we think this may achieve, but, the timing of it all could very much lead a bidding war which sees a figure landing that no one expects tbh.

GLA

No one would want that type of info out in the mass public domain because it would cause an inevitable huge surge in Palladium price, which is not what you want if you're buying a large Palladium dominant resource with other goodies there that you require.

This has the makings of something very huge, if we consider the implications of palladium used in batteries as the clean energy revolution shifts up a gear or two.

GLA

It makes sense tbh, and it's not like he's the only one looking to use it in batteries -

http://s1.q4cdn.com/169714374/files/doc_presentations/2020/Platinum-Group-LION-Corporate-Presentation-January-7-2020-FINAL.pdf

https://www.angloamericanplatinum.com/media/press-releases/2019/15-07-2019?fbclid=IwAR3vXG8WpfZMIIEDMvGSlDbMHGuRcnab6WjcUsVya3ddNZIrJlUe9WQZzYs

"Lion Battery project successful with Li-sulphur next gen battery design using 8-10g Pd as cathode layer to 500 cycles (Target 1,000+) with 4x energy density vs Li-ion."

With the NDA's in place it could make even more sense for him to be a bidder with his silence over using it on battery day?

It's certainly a very interesting world we're shifting to at present!

GLA

Where did you find that out Dickie?. I knew he was holding something back on battery day after the whole 'project palladium' spin prior to it all.

GLA

Tesla has already bought a lithium clay play, but, there is far more NICKEL in his batteries than lithium. He needs a whole host of things for what he produces. He also makes solar roofs, solar has been made more efficient by coating cells with perovskite, which is found in the Urals where West Kytlim is.

You can't fully rule out quite a few, even at this very late stage of it all.

GLA

Both an interesting and logical statement -

“Geographical diversification is something that is certainly going to form the mix of companies when they consider operating environments in pandemics like this,”

West Kytlim, already tested to be pandemic proof. Open pit assets looking more favourable to all big players out there, but, only the biggest bid secures our wares.

GLA

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.

Johny come late types have absolutely no idea.

Tick tock, tick tock . . . . .

GLA

Far more stable this time around going into lockdown, everyone knows what they're doing from lockdown 1.
A RNS could drop first thing and this could be drifting around deal level before the lockdown even takes place, no one 100% knows, but, we'll see soon enough.

GLA

Starting to think some of the ones replying are the same person, there is absolutely no logical reason to reply to it for weeks unless it's part of the same orchestrated disruption.

GLA

It's worrying that people still talk to it tbh. People have literally wasted weeks of their time, choosing to bite every time instead of just filtering the twaddle.

GLA

*back

You're welcome harry. It's best just to filter the ones who try to spread doubt, they're only here for one purpose. They will peddle one nonsense story after another and never nack anything up with facts.

All the best, have a nice weekend.

GLA

You get bored of seeing the evident nonsense after a while Tricky tbh. When i saw there were a few green boxes, i just looked at the replies, laughed, and instantly knew what i was going to do lol.

Can't wait for their next twaddle.

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

Green boxes need to learn how to read lol

GLA

You're very welcome Colin, all the best to you, have a lovely weekend.

GLA

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 have absolutely no idea.

Tick tock, tick tock . . . . .

GLA

https://www.independent.co.uk/life-style/gadgets-and-tech/solar-energy-perovskite-discovery-cell-efficiency-b1157130.html?fbclid=IwAR1I86ou2SHlh68gZq2yvZ960786C8t0VVCBrjhqZBHJ8qgDvQGDlUwAjz4

GLA

All research, proper research, none of the twaddle the green boxes come with. Horses for courses ;)

Next gen solar panels.

Perovskite -

"The crystal was first discovered by a Russian mineralogist in the Ural mountains in 1839 but for the last 10 years scientists around the world have been locked in a race to engineer the mineral to help generate more renewable electricity at a lower cost."

https://www.theguardian.com/business/2020/aug/15/uk-firms-solar-power-breakthrough-could-make-worlds-most-efficient-panels-by-2021?fbclid=IwAR3hBLeCufNW7hNX5269DBSCPH4dYMF7qkCgQEIGLLLFZVU5diKqSMcZATY

http://perovskite.ru/

http://nmse-lab.ru/index.php/en/

https://www.pv-magazine.com/2020/04/28/the-week-in-perovskites/

https://www.ijser.org/researchpaper/EFFECT-OF-CALCIUM-TITANIUM-OXIDE-COATING-ON-THE-POWER-GENERATION-OF-SOLAR-CELLS.pdf

https://www.researchgate.net/figure/Geological-scheme-of-the-Kytlym-Massif-after-5-The-dunite-clinopyroxenite-tylaite_fig1_234045433

Calcium oxide is definitely listed in the rocks and so is titanium dioxide. Perovskite is a calcium titanium oxide mineral, and so i would say that it's definitely at West Kytlym.

https://en.wikipedia.org/wiki/Perovskite

GLA

PGM Demand in a Green Revolution.

From cat converters it will move into the hydrogen economy and even batteries -

4th industrial revolution -

https://www.whatsorb.com/energy/green-hydrogen-economy-the-enormous-potential-worldwide?gclid=Cj0KCQjw8rT8BRCbARIsALWiOvSJERyB5RqOB-pZRSRbFhAtKfNAQ5gEmN15l_Nvh3JdarUFLLvfqnsaAkL3EALw_wcB

http://s1.q4cdn.com/169714374/files/doc_presentations/2020/Platinum-Group-LION-Corporate-Presentation-January-7-2020-FINAL.pdf

GLA