Member Info for mac4671

https://twitter.com/NornickelGroup/status/1306221714972585994?s=20

GLA

Facebook Nornickel still has it up. They may be editing it, not sure -

"Nornickel is implementing around 15 large-scale strategic investment projects aimed to develop its mineral resources. As a result, ore production is expected to increase by 75% at the Polar Division in the future."

GLA

Are we one of the 15?

https://twitter.com/NornickelGroup/status/1306214215741513729?s=20

GLA

Everything is standard mathematical equations to Dmitry and Alexei -

DMITRY SUSCHOV
Non-Executive Director
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.

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.

The people buying use similar calculations, a lower end landing bracket and a higher end landing bracket is calculated. When both parties landing bracket expectations are met, then the deal gets done.

GLA

Angry, familiar, and was very easy to shake out of the woodwork ftsedow. Must be having fun wriggling around in that green coffin, bless them lol

GLA

"The Last Non Consolidated Palladium Play"

Role up, role up, we have palladium as far as the eye can see. Who bids highest wins the palladium goose -

"The Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an alternative asset transaction superior to those outlined in the announcement of 15 September 2019. 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

$14650

https://www.metalsdaily.com/live-prices/pgms/

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

Tick tock, tick tock . . . . .

GLA

Well i'm not your dad little PP, but i will place you in the green bin. A quick scan of your posting history here, ensured your place there. Have fun.

GLA

Every day is a day closer -

"decided that launching a formal sale process under the Takeover Code is in the best interests of shareholders, which could result in a sale of assets or the Company"

Christian Schaffalitzky, Executive Chairman of Eurasia, commented: "The Board remains focused on maximising shareholder value, and, after receiving approaches from multiple parties interested in acquiring Company's assets, has decided that launching a formal sale process under the Takeover Code is in the best interests of shareholders, which could result in a sale of assets or the Company. The Company will work with UBS and its other advisers to execute the process."

:-

"However, for companies with a small number of valuable assets, a would-be farm-in partner or asset purchaser might instead consider buying the whole company, meaning that the transaction then becomes a public M&A process subject to the Code. If several would-be bidders for the company emerge, an FSP may be the most desirable means to pursue that process."

https://www.lexology.com/library/detail.aspx?g=886cfad0-7f5a-4577-87e8-9136cd83b835
(Click the 'view original' tab after following the lexology link, if it doesn't take you directly to the article.)

FSP party for the parties, champers and nibbles all round -

"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."

https://www.lse.co.uk/rns/EUA/statement-re-formal-sale-process-jtwyvaxxdax49q0.html

GLA

The long CFD's that were opened a while ago are still open. These small transactions can only be trade tests, they are pretty much meaningless at the levels they go through at.

GLA

of the FSP we go.

Tick tock, tick tock, another day closer to something landing, which will make your shares rock, tick tock . . . . .

GLA

Brings more dollar value to MT -

"Extensive prior drilling campaigns with c.48,000m drilled at NKT, a part of the Flanks application."

"Our predecessors also developed targets in the NKT area, and areas to the east of the Loipishnune deposit, and these work programmes in 2015-2017 resulted in pre-feasibility studies lodged with the State Cadastre of Mines in Russia."

https://www.lse.co.uk/rns/EUA/general-update-and-institutional-placing-at-225p-yh2uz9tcbjepr54.html

"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."

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

Page 17 for the lovely figure 3, which shows how the studies and various stages add value -

https://www.valuewalk.com/wp-content/uploads/2015/06/Valuation_of_Metals_and_Mining_Companies.pdf

$$$$$$$$$$$$$$$$$$$$$$

GLA

Is my current favourite part of the Eurasia story to date.

It's worth sharing this summary by Zak again, in case anyone missed it.

Nice mention of wrecked shorts here -

"Shares in Eurasia Mining (EUA) continued to fresh all time highs and a £600m market cap, as speculation grows regarding a potential buyer for the Russia focused Palladium play. Traders are betting on a big mining sector name bagging all or key parts of its assets, whose value has risen sharply in the way of the recent boom in precious metals. With UBS on board as its advisor to any deal, and the company described as the “last non consolidated Palladium play” by VTB Capital, shareholders appear to be in the box seat. In addition, with the shares having been subject to a bear squeeze resulting in the demise of short seller Jub Capital. This could mean that the longer the sale process takes, the higher the stock could climb as such shorters look to buy back their positions. Historically, any offer would likely be at a premium to the prevailing share price, with as much as 50% a possibility given the ongoing precious metals rally."

https://zakmir.wordpress.com/2020/08/16/stock-market-watch-sunday-august-16/

LOL

Just a matter of time until the big news drops, tick tock, tick tock . . . .

GLA

It should be good for us if they're now getting cleared imho

GLA

15/09/20 17:15 14,500,000 5.07 0.00 0.00 £734,497.50 Buy

GLA

Doing very well today -

https://www.apmex.com/palladium-price

GLA

Keep up the good work gmf, ignore the green coffin types!

GLA

Premiered this morning -

https://www.youtube.com/watch?v=zwpYK-z87Wo&fbclid=IwAR0J-Re_OeqzAZf12RVV8J_1lfUAk_ld_Wp_I2xNRuyiT7EJ2HPWxhgww-w

GLA

$14000

https://www.metalsdaily.com/live-prices/pgms/

GLA