Member Info for mac4671

Battery day announcements in a matter of hours from here. . . . .would anyone want to miss out on Tesla's 'project palladium' demand?

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

GLA

Lets take another look at the mans track record in this type of thing -

"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."

It's all looking very good right now for all true shareholders. The AIM deal of the century is on the horizon imho.

The ground/resource numbers have only grown at Eurasia Mining, and they're that PRECIOUS type.

"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

Read this Shark, it may have a direct benefit to many things. Who would Anglo use to scale up a new battery tech, that's simple in my eyes, they would approach Tesla, we'll see soon enough, not long to wait now -

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."

I asked the question about that Anglo project at a IPMI webinar a while ago, and the quoted response was given by a member of the audience.

https://www.ipmi.org/

GLA

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

From the electrive article, and from his recent tweets we can tell it's for batteries, exciting times -

"The Palladium project is also said to be linked to the Roadrunner project, which could mean that Tesla’s own battery cells planned by Tesla will first be used in the revised Model S and Model X. According to the report for the Palladium project, facilities at Gigafactory 1 in Nevada will also be converted. This could have something to do with the battery cells, but Tesla also manufactures drive units there."

Fingers crossed for HUGE palladium demand reveal. Won't be until 21:30 for us UK ladies and gents.

GLA

Could project palladium be about to be revealed? -

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

The big players will hoover up at this level, it's a no brainer imho

GLA

As a buyer of assets or not. If he roles with what Anglo have been working on, then it will create a huge demand for palladium in the future.

The tech is also good for everything that is powered by batteries, not just EV's.

GLA

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

GLA

More hints, fingers crossed -

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.

GLA

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.

"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

Can we have a show of hands as to who agrees that Mr Alexander Grubman has probably been through our data room doing due diligence, oh wait, we're online, all who agree say aye lol

GLA

What you will note with both, is that there is always someone put in charge of M&A -

"He will be responsible for supervising and coordinating due diligence and structuring of M&A deals,"

GLA

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/

GLA

Fair point CAW, well spotted.

GLA

I'll try that again lol

Simply put, our M&A Officer will be now working with their Chief Strategy and M&A officer to sort out the final pieces imho.

GLA

Simply put, our M&A Officer with be now working with their Chief Strategy and M&A officer to sort out the the final pieces imho.

GLA

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/

GLA

No, he has changed his role to bring it over the line, there's a massive difference. The deal is not official until all paperwork is signed, that's by all parties involved. For that to happen, you have to place someone in charge at the appropriate stage, that person is Dmitry.

GLA

Are the worst. They come with 'don't believe RNS' LOL. Why invest in the first place if you don't believe in the company and what they tell you via the OFFICIAL means?.

That persons agenda is very clear to see for anyone, and so off to the green filter bin he goes.

GLA