Member Info for mac4671

No ohmni it really isn't. The $2bn figure was touted a long time ago, well before the flanks were even applied for -

https://www.minexforum.com/en/eurasia-mining-beginning-to-build-scale-in-platinum-group-metals-portfolio/

GLA

They're just talking about the initial area in that $2bn, it doesn't include the flanks.
Something to note, is that eurasia have been media silent throughout this entire process until sharing that article on their website, could it be a sign that things are almost done?. Now the home page has an error lol

GLA

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

GLA

Yes, pgm's are used in the hydrogen industry, hydrogen fuel cells etc. They are also going to be used in batteries at some point.

https://spectra.mhi.com/ccus-the-key-to-making-hydrogen-energy-work-today?utm_source=Facebook&utm_medium=cpc&utm_campaign=Europe_UK_Hydro_Carbon%20Capture&utm_content=Europe_UK_Hydro_Carbon%20Capture&fbclid=IwAR3pmt1SGGXXaHTmnEdiOfXLEeleQdGchDplWMeT1P4Kdas4rTUsu8Yu3Uw

GLA

https://www.proactiveinvestors.co.uk/companies/news/213971/eurasia-mining-rockets-higher-as-company-hoists--for-sale--sign-213971.html

Hoist it high and keep it flying there until they deliver our chest of treasure lol

GLA

Yes, they don't hang around, they're at the top of their game. Both DLA Piper and UBS are accustomed to doing very large m&a deals.

Not long now imho

GLA

It's definitely coming, they've had interested parties in MT since 2015 at least. Everything the BOD has done, is to extract as much value as they can from having the keys to a monster PGM district. They've played the whole thing with precision and perfect timing.
It's just a matter of time until we're all told what they've managed to secure. Every day is a day closer.

GLA

The Palladium monster only builds pressure. This is first mover for a PGM district, a 40Moz District, this is HUGE and a one off opportunity for the big players.
South Africa is limping along, Eurasia have the advantage of OPEN PIT extraction, so social distancing can be maintained in the work place and operations continued.

GLA

More palladium than you can throw a stick at. Even Nickel and copper there too.

Everything else is just noise.

GLA

Future demand baby -

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

GLA

Raise your hand if you know what comes before a 1,000koz at full capacity mine plan -

MONCHETUNDRA

A fully funded development project; with 15moz palladium dominated PGM resource, it is one of the largest assets globally not owned by a PGM major.

Asset overview:

Ownership: 80%

Operating Partners: Sinosteel, Central Kola Expedition

Region: Murmanskaya Oblast, Russian Kola Peninsula bordering Finland.

Mine type: Open pit.

Licensing: Mining license to 2038. Financed via Sinosteel EPCF.

Status: Preparation for production.

Product/Offtake: PGM and base metals concentrate (Palladium dominant, Platinum, Gold, Nickel and

Copper).

Infrastructure: Road, Rail, Sea Hub, Power and labour. Close to Finish border

Mine life: >20 years

Target production: 1,000koz at full capacity

Exploration upside: Expanding mineable reserve base via acquisition of adjacent licences.

Noise makers with nothing to back up anything they say, no time for them. Green bin of doom filling up daily at the minute.

GLA

Title of this thread, and that's all she wrote noise makers.

64% PALLADIUM.

GLA

"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

He's like something, oh yeah i have it, the rest of the green boxes.

GLA

Welcome and good luck -

https://www.youtube.com/watch?v=WjDq1YLgbeQ

GLA

Dmitry 'Moses' Suschov - The Man, The Myth, The Legend -

DMITRY SUSCHOV
Mergers and Acquisitions Officer
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."

He will bring it all home at the reigns, a fellow shareholder.

+UBS & Citic Merchant & DLA Piper. You couldn't have a better team here to bring this DEAL home, you really couldn't.

GLA

Palladium prices strong with very strong future forecasts = commercial interest through the roof.

FSP is just a formality for Eurasia Mining. The plan was made a very long time ago and each step has been executed with precision, even in the middle of a global pandemic.

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

Zero time for flappers and noise makers.

GLA

For reference for the new guys, RNS dates -

Mon, 9th Mar 2015 07:00

Wed, 29th Jul 2015 07:01

The DEAL has been in the making for years, between 2015 and now the BOD have been doing this -

"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."

DLA Piper is the very last part of the formal side of things, the legal purchase & sales contract.

GLA

Parties interested In MT, have been interested for years now -

"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.

Tick tock, tick tock . . . . .

GLA

For sale is the first mover position on the worlds next PGM district, this isn't small fry stuff, this is a one off situation for any big player out there to grab the reigns of a colossal PGM district -

"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

You want somewhere to start with values, take a look at GMF's -

https://www.powerof78.com/2020/09/13/eua-sep20-valuations/

It's just a matter of time before it lands. Ignore the noise, Dmitry, UBS and DLA Piper are professionals at the top of their game. . . . . tick tock, tick tock, tick tock . . . .

GLA