Member Info for mac4671

All true shareholders know what's going on, it's in RNS. NDA's were signed by parties wanting to acquire MT, it's in RNS -

"All existing non-disclosure agreements interested parties have already signed with the Company in relation to the potential acquisition of the Monchetundra asset remain valid."

Now Dmitry is concentrating on our side of that acquisition -

"The Directors have agreed to release Dmitry Suschov from the Board in order to allow him to focus as the Company's Chief M&A Officer on the M&A work streams with Eurasia's professional advisers."

But wait, James is to also focus on the sale -

"Christian Schaffalitzky, Eurasia's Executive Chairman commented: "This reorganization is designed to optimise our execution team. We are delighted that James has agreed to take on the CEO role. James's focus will be to work with our advisers on the sale process. "

The sale of what, Monchetundra and West kytlim, like he states -

James Nieuwenhuys, Eurasia's CEO and Executive Director: "In my new capacity as CEO and Executive Director I will continue to work with our advisers on the sale process of the Company and its world class assets, Monchetundra and West Kytlim, leveraging my relationships made over more than 40 years in the mining industry and securing a deal beneficial to our shareholders".

SALE SALE SALE time.

Dmitry 'Moses' Suschov will bring it over the line, it's what he's very good at!

GLA

earache is an absolute fool, i have no idea why people bother responding to him. Poor chap wriggles around in that green filter box spouting gibberish.

GLA

Dmitry 'Moses' Suschov moves to close the M&A deal -

"The Directors have agreed to release Dmitry Suschov from the Board in order to allow him to focus as the Company's Chief M&A Officer on the M&A work streams with Eurasia's professional advisers."

It is a move in order to have someone in the correct titled position to deal with the appropriate people on the other side of the table -

Example of similar role, but for the other side of the fence. Whoever is acquiring will have someone like this appointed -

https://www.therecycler.com/posts/xerox-names-chief-strategy-and-ma-officer/

NN have a guy, different title, similar job to the lady in the last link -

https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-announces-appointment-of-alexander-grubman-as-senior-vice-president-for-strategy-and-business-development/

Just as each side have their own legal team, each side also have a senior M&A representative. We didn't need one until there is the M&A to do, similar to how we did not need the legal guy, IAIN RAWLINSON, until there was the legal work to do.

It is very close imho

GLA

What people need to understand, is if Tesla are vertically integrating mines for speed, then the competitors will also need to in order to stand a chance of keeping up with his rate of scale.

GLA

Yes, it's certainly good to see it all start to come to fruition. A new age is dawning and PGM's look like they will play a big role.

GLA

No, there are posters suggesting the possibility, there were posters claiming that they would never get involved with mining. He has got a lithium clay deposit, so he his getting involved with mines to vertically integrate his entire model for speed.

GLA

The other thing, he has told everyone vertical integration is his aim, that lithium clay deposit they have got, has enough to supply the U.S market. But, that isn't the only market in the world is it, so what will he require for the other markets. You can learn a lot about what is to come from a presentation like Teslas. And lithium is only one part of his cell, further vertical integration is needed to make his plan work for accelerating the change.

GLA

NDA's happyscot, you would never know until the bid lands, that's the FACT of the situation here. You do know what vertical intergration is right?. He has his lithium mine, but that is only one part of his battery cell.

GLA

Everything is slotting nicely into place here.

GLA

Look at the battery tech patents from the article in this thread, it's not like the PGM's in a battery idea is something that was made up, it wasn't, research found the Anglo JV on the tech quite some time ago. It's a massive positive for the PGM industry, if they do also find their way into batteries during this energy transition.

He still needs a child labour free source of cobalt by the way.

GLA

If he was making a move for MT, you would never know until the bid was on the table, NDA's have been signed. He couldn't announce anything like that in his presentation, he can only mention the thimgs they have managed to buy so far.

GLA

It was only ever a possibility happyscot, just like any other porential buyers that get mentioned. Watch the presentation, they're still talking vertical intergration to speed up the process from mining materials to them being at the cathode etc. They've acquired a lithium play in Nevada from what they were saying, so yes it does very much look like he will get miners if he needs them.

GLA

Nice find, that builds on what i've been sharing, it's good to see patents.

GLA

I'm a little disappointed as to not really finding out very much about 'project palladium' to be honest. It is what it is though and i guess they can't let all the cats out of the bag, as their competitors wouldn't be at a disadvantage if they did.

Not long for us to hear something from the FSP, either way imho

GLA

The new structural aluminium alloy is interesting, could this be the bit that they're missing out, or something similar? -

https://www.technology.matthey.com/article/53/4/189-197/

GLA

There is cobalt and Nickel. But they haven't revealed all materials used there with the new battery cell, it's pretty interesting. Talking strongly about vertical intergration, faster time from materials to cathode etc.

GLA

Battery bit after the break. It's a bit like watching paint dry so far lol. Hopefully the battery bit is exciting.

GLA

Waiting to start -

https://www.youtube.com/watch?v=Szn-sgOHqxo

GLA

Not quite headancer, we have until 10:11 tomorrow morning lol - Wed, 1st Jul 2020 10:11

GLA

One last time -

https://www.electrive.com/2020/07/22/tesla-project-palladium-hints-at-improvements-for-model-s-x/

Elon Musk
@elonmusk
·
1h
Important note about Tesla Battery Day unveil tomorrow. This affects long-term production, especially Semi, Cybertruck & Roadster, but what we announce will not reach serious high-volume production until 2022.
Elon Musk
@elonmusk
·
1h
We intend to increase, not reduce battery cell purchases from Panasonic, LG & CATL (possibly other partners too). However, even with our cell suppliers going at maximum speed, we still foresee significant shortages in 2022 & beyond unless we also take action ourselves.

Elon Musk
@elonmusk
·
2h
The extreme difficulty of scaling production of new technology is not well understood. It’s 1000% to 10,000% harder than making a few prototypes. The machine that makes the machine is vastly harder than the machine itself.

"The main component of batteries is nickel itself."

"Michael Beck, President of Regent Advisors, a financial advisory firm, states that a Tesla Model 3 contains about 30 kilograms of nickel"

https://www.somagnews.com/elon-musk-thinks-nickel-is-the-new-gold-heres-why/

Hopefully something to do with what Anglo have been working on, fingers crossed -

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."

4x energy density, that is a vast improvement!

The quickest way to scale this battery tech, would be through a company like Tesla.

GLA