Member Info for mac4671

Is a day closer.

Just a little more patience required.

GLA

https://www.ubs.com/global/en/wealth-management/about-us/awards.html?campID=SOME-EUROMONEYAFE2021-GLOBAL-ENG-FACEBOOK-UBS-INSTREAM-GLOBE-20200914-IMAGE-ALL-ORGANIC&sprinklrpostid=100001504477865

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

Of what was started years ago, that is where we're at.

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

"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."

Leads us to, MT flanks, and also this -

"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."

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

It's as easy as 1,2,3, but it takes many years and lots of hard work.

Just a little bit more patience required for this final stage.

GLA

Are highly amusing these days, something goes up about Eurasia and the bloke just gets absolutely roasted, it's great to see lol

GLA

I have a feeling that it may go something like that, they need the resolutions passed in the AGM in order to allow us to vote on the deal in an EGM -

"1) 'hybrid' general meetings in such a way that enables members to attend and participate in the business of the meeting by attending a physical location or by attending by means of an electronic facility or facilities and (2) general meetings wholly by electronic means."

Covid has made the resolutions necessary in order to get the deal through.

GLA

All AGM resolutions passed, we have an offer of XYZ, this is our recommendation so please vote in favour.

GLA

Sorry, i clicked the wrong one haha. Yeah it's the AGM.

GLA

"Eurasia Mining, up 7.8%. The miner said it has been awarded a licence at the Monchetundra Flanks base metal and platinum group metals asset in Russia. Eurasia explained it was given final approval by regional body SevZapNedra. It follows consent by the Russian Ministry of Defence which was secured back in December. "The directors are encouraged with the approval of Monchetundra Flanks licence, an important milestone for the company. Further announcements will be made in due course," Executive Chair Christian Schaffalitzky said."

It's right at the bottom of the news article.

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

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

"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."

Leads us to, MT flanks, and also this -

"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."

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

It's as easy as 1,2,3, but it takes many years and lots of hard work.

GLA

I wasn't on about you hallster, the new accounts are a big giveaway as to what they're up to.

Out out, hope you have fun!

GLA

The people who continuously reply to them are part of the same brigade, they all appear at the same time. You notice that after a while.

Evenings being their prime time on chat boards, well, because you know what they're trying to do throughout the day.

GLA

It's handy having Nickel at MT -

https://youtu.be/QUfLc50x348

GLA

Great, new posters filling the board with nonsense replying to green boxes. Just what the board needs. . . . Not.

Yous are not even replying with any company facts, just equally useless posts, i wonder why that is lol.

I guess i'll be busy first thing, adding to my green box collection. See yous tomorrow.

GLA

Tomtwit, why bother replying to oxygen thieves?. It's pointless, look at the board now, yous have spent most the time talking to them or about them. Just filter and move on, it's not that hard tbh.

Pointless continually posting the facts, when othere fill the board with replies to the dribblers. The factual posts sharp disappear in amongst the noise.

GLA

They were exposed a very long time ago morningsun, they only come back because people talk to them. If they don't have anyone to talk to/argue with, then their aim is totally lost. They can only disrupt and argue if you allow them to, filtering them instantly makes them powerless.

GLA

Employed by someone somewhere i would say. They appear like clockwork, just put them in the green filter bin, they're not worth any ones time or effort. They are just here for one purpose, filtering them stops them dead in their tracks.
Watch for new accounts afterwards, then filter them as well. Give them absolutely no room or time here.

GLA

When 9mm is lurking it's usually a good sign for positive news coming, if frankey also appears, it must be epic news close lol

Pair of absolute oxygen thieves haha

All i see is replies to green boxes!

GLA

Have a look at COS if you need an example Jakep, they received an offer recently.

GLA