Member Info for mac4671

2022 certainly looks like the year here!

GLA

There are plenty of buyers out there for Eurasia's wares -

"China’s palladium imports from Russia rise to a record high"

"China’s imports surpassed 75,733 ounces last month, up 186% compared to May"

https://www.mining.com/chinas-palladium-imports-from-russia-rise-to-a-record-high/

GLA

Assets are not valued on SP swings, assets are valued on how much an asset can make a company over the assets operational lifespan.

In times like today all BRIC's nations will be looking at assets like Eurasia's for obvious reasons, to help with the switch to green energy, but, also to make MONEY -

"PJSC Norilsk Nickel the world’s largest palladium and high-grade nickel and a major producer of platinum and copper, reported audited consolidated IFRS financial results for the full year ended December 31, 2021. The company's net profit grew by 92%, to $7 billion, compared to last year, according to a press release from Norilsk Nickel.
EBITDA increased 37% y-o-y to USD 10.5 billion while EBITDA margin amounted to 59%"

https://www.rough-polished.com/en/news/124539.html

GLA

"In March of 2022, the European Union (EU) bought 164,000 ounces (4.6 tonnes) of palladium from Russia worth €407m ($425.4m). This was the highest monthly purchase in the past two decades. For comparison, the EU imported 90,000 ounces of palladium from Russia in March of 2021."

"Research conducted by the world’s leading catalyst producer, Johnson Matthey, showed that Russia’s largest palladium producer Norilsk Nickel managed to overcome initial supply disruptions by re-exporting metals through eastern hubs.

In March, Norilsk Nickel president Vladimir Potanin confirmed the move to the Russian press and said the company considered re-directing supplies from the US and Europe to China, and other countries that had not joined anti-Russian sanctions."

https://www.automotivelogistics.media/trade-and-customs/europe-scrambles-for-palladium-as-russia-threatens-supply/43189.article

GLA

The open pit part of NKT must be close to being released i would think Ramp, it's been quite a few months since we were given the underground JORC part to it.

I can't believe it's August next week, this year is flying by as we wait!

GLA

Fr.Jack.Hackett, the discount is somewhat irrelevant to the Chinese as they bid way over the top to secure what they need, it's why they're currently dominating all battery metal resource processing.

The other point is BRIC's and what they're looking to do there with moving themselves away from Western currency (US Dollar) and creating themselves their own mutually beneficial trading bloc. Countries from the bloc view risk in a different way to the West at this stage, hence why even more countries are now looking to join and do business on their own terms!

NN have only really been affected with logistics tbh, as metal prices remain high they are still turning over large profits, as such, relevant assets for sale remain of significant value to them. The conflict is nowhere near Monchegorsk, business for Norilsk continues pretty much as normal, is has done throughout!

GLA

It's certainly very interesting Usernamedbut1 and i agree, i think we'll see similar RNS land, possibly even tomorrow if the investor meeting gains the attention that it very well may.

It is tricky to try and get your head around, i've never seen a Spreadex one like that pop up before. It's logical that it is those kind of CFD's that are closing on the rise however, it's sensible prior to the meeting i would say.

If the Xinjian group are as keen as todays RNS states, then even the second tranche could land pretty quick, it says 'by', so, could land any time prior tbh - "US$ 400,000 by 15 August 2022" -

"Furthermore, the investor's staff have already been very active on site at the Tantalite Valley Mine, holding a series of meetings with the Company's management, in preparation for the delivery of machinery and services to increase production output fourfold during Q4 2022."

That's not a small output increase to state either, that's a large margin to increase output by, so, they'll have to get straight on to it to reach the goal of having it done in Q4!

It certainly looks like the rest of 2022 is Kazera's time!

GLA

CFD's mentioned i see after a quick peek, is that what shorts closing via a broker looks like?

GLA

luckypunter, Norilsk are next door and will buy the lot, either themselves or through a larger consortium structure involving possible Chinese companies. Both Sinosteel and Citic Merchant being here points to a strong interest from the Chinese!

GLA

Copy and paste that entire google one in to google search and it will take you straight to the processing plant!

Good to see an appropriate rise appearing to form here today!

GLA

Google appears fairly up to date on it i see, gives a good idea of what operation they have in place there -

https://www.google.com/maps/@-28.7230284,18.7420587,245m/data=!3m1!1e3

GLA

I've just registered for the meeting there myself, i'm quite looking forward to it.

I was in under Kennedy myself at a previous stage Funkybeats, i remember that rise and the excitement at the time and it really was just a bare bones company back then. It's a completely different beast these days, this recent Chinese investment will transform things at Tantalite Valley in a highly positive way.

The new multi-asset approach will also help minimise any risk, once their income streams are flowing well Kazera will be unstoppable.

Here's the mine for those interested, it's something i like to do, get an eyes on from the handy bird in the sky -

https://apps.sentinel-hub.com/sentinel-playground/?source=S2L2A&lat=-28.713511809993665&lng=18.749113082885742&zoom=14&preset=1_TRUE_COLOR&layers=B01,B02,B03&maxcc=20&gain=1.0&gamma=1.0&time=2022-01-01%7C2022-07-26&atmFilter=&showDates=false

GLA

I think that most appreciate that more at Monchegorsk could be going to any potential buyer. We know Wardell Armstrong have confirmed that the Nickel Sulphide ores at NKT remain and so there is the strong possibility that MT flanks is being bundled in to any original deal for MT.

It's taking time granted, but, if you develop assets and they are to be sold, you gain maximum value by having a most up to date resource figure and appropriate feasibility study in place. The BOD are all about maximum shareholder value, so, we just have to sit back and wait for them to get all of the jigsaw pieces in place before dropping the deal bomb details!

GLA

There we go, i bet the whining one is quiet today!

Here's to a new journey at Kazera!

GLA

I like number 7, it is attributable and associated with quite a number of great things.

GLA

"Drop another D.P. (67.9, 32.8) and you'll end up 4 km away. 'Miles' away, outside the licence area, other side of the road and in a field next to Nornickel's plant" - That's not so bad, it all ends up there at some point anyway lol

GLA

Here, this may help explain the difference in what systems like google use instead of the ordinary Lat and Long -

https://en.m.wikipedia.org/wiki/Decimal_degrees

It's just one of those things i guess, if you know you know, if not, well we all learn something new each day!

GLA

What google gives you is this - Lat/Long (dec):

What the entry gives you is the Lat and Long.

GLA

You understand CAW?

You'll see the difference between what google gives you and a sepearate Lat and Long!

GLA

See how they're logged for Nittis -

https://www.mindat.org/feature-521292.html

GLA