Member Info for mac4671

ii's have just invested $10m at 22.5p selecta, read the recent RNS.

GLA

Consortium or conglomerate bids, is probably a very realistic final entity vs entity bidding scenario hallster.
The more people involved, the greater their buying power imho

It will be very interesting to see how this all plays out.

GLA

Even with google, you can see faint exploration marks. Any recent work, will just add to it all -

https://www.google.com/maps/place/Monchegorsk,+Murmansk+Oblast,+Russia/@67.8875085,32.8378361,1231m/data=!3m1!1e3!4m5!3m4!1s0x4431761ebd85e72b:0xdbf5f7a54ca1b697!8m2!3d67.943134!4d32.8919562

GLA

I just wonder if A1EX would pick up anything with that satellite he uses, the images are definitely more recent, just the quality seems to make it a bit harder to pick things up like drill hole markings etc.

GLA

That V area is on the other side of the road to Loipishnune, i was looking around there with google last night. It's all quite interesting, having a look around and seeing what has appeared to have been done in the area.

Plenty resources in the area, that's for sure.

GLA

Yeah spitfire, it's the whole Monchegorsk area.

I think it's because they found a never ending supply of Russian vodka Rowka, those Russians like their vodka lol

GLA

Here, it will save you trailing through the nonsense to get what you need -

http://szpgo.rosgeo.com/en/press-centr/

GLA

I would spend time going through the articles provided via the Rosgeologia link spitfire, lots of good info in there, about exploration of the Monchegorsk area, and how they see in surpassing Norilsk and South Africa. It isn't small fry stuff when they mention things like that tbh.
Although at times i disagree with Rowka on some things, i can see exactly why he's so excited after reading just a few of those articles.

The exploration seems a constant thing there, area of strong geological interest within Russia, and that all bodes well for us here at Eurasia imho.

GLA

Perhaps, but look at the new mining plan, exploration always comes before mining plans. Everything to date, suggests there is enough proving up done to create that new mining plan. It's quite an odd position to be in, because you don't usually get an asset area like MT flanks with such a large amount of work already done on it.

GLA

PFS, drilling campaign is proving of resources Hallster.

GLA

It hasn't been an immediate thing, we've been waiting since it arrived at the last body since April. Most body sign offs seem to happen every 3-4 months, the first one arrived in approx 3 months for MT flanks. We're currently past 4 months for the final body and issue of license, so it's logical that they've been through everything by this stage, agreed the license, and then sent the predecessors data to us, the new owner, prior to the license paperwork being sent.

It is relevant in the sense that the BOD can immediately assess the data and the PFS's pertaining to the new land, therefore add data to the room for potential buyers to look over. So it is of use right now.

The license itself is quite possibly in the post and it just needs to land at the Eurasia office for announcement.

Drilling data and PFS info will have been on computer no doubt, just a simple send from one PC to another. The license probably needs to be printed off, signed by some people, and then forwarded on to Eurasia.
I don't expect a long time between the two things landing, if i'm honest, there's not really any need for a prolonged duration in my eyes.

It could arrive any time now, the sooner the better imho

GLA

Faster?. I don't believe it is, it was applied for last sept. Tipil had a local meeting needed for its issue, it's in Dec RNS, no such meeting required for MT flanks, therefore, Tipil in effect will take longer.

Again, why hand over all the data about the land, if the land wasn't ours, it just doesn't make any sense. When the land goes to the new owner, so does the predecessors data, does that not make more sense to you?

GLA

I believe, that we don't need the info from the predecessors unless we are the new owners. Pointless having the info, if we don't now own the land in my eyes -

"A further area to the north and east of West Nittis known as NKT is a standout part of the Flanks. Between 1996 and 2001 an extensive drilling programme was carried out creating a valuable catalogue of drilling data now available to Eurasia. 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."

"drilling data now available to Eurasia" - it's this bit in particular, that suggests to me, that the flanks are now ours, and we're just waiting on the official piece of paper landing to make the announcement.

GLA

Why do you think the drilling and PFS data for part of the flanks has been handed over to Eurasia, if you think the flanks won't land soon?.

My opinion, is that the flanks are on their way, hence why that info has been passed across to the NEW owner. AIMHO

GLA

I was hoping this week for the flanks, i'll cry a little over the weekend, but all is not lost, as they're definitely on their way imho.
Just have to wait a little longer, then the real fun begins!

GLA

Friday FOMO feeling will begin at some point i would say. Big news can land at any point.

GLA

They have to use the tools at their disposal before any next anticipated leg up. ii's in at 22.5p tells everyone where this is going imho.

BOD have delivered on everything to date, they have a solid track record. Flanks and bids, then we feast.

GLA

Anyone care for some free PFS, we're currently dishing out free hot slices of PFS today, Come on, get a nice hot slice for lunch -

"Why should investors care?
Both prefeasibility and feasibility studies can provide investors with useful updates on the progress of a company’s project. These studies help create a more concrete picture about a company’s milestones and challenges moving forward."

https://investingnews.com/daily/resource-investing/prefeasibility-feasibility-studies/

Get them while they're good lol

GLA

Brookkers, i personally wish i did have access, and i bet a lot of other investors wish the same lol.

Not entirely sure what will be in there, everything we know of in RNS will be, that's a given.

The BOD will always know a great deal more than us here, it's something i came to accept a very long time ago, when i realised just how much exploration they did in Anglo JV days, and how much historical data there is for the area. It's an area of huge geological interest in Russia, it always has been. As Rowka has recently found, that interest is only growing, which can only be seen as a massive positive tbh.

We get some good hints, and they drop new jigsaw pieces in from time to time, which gives us a better overall picture. Those quotes from that RNS, which i dropped into the original post here, being a very good example.

Serving nice hot PFS pie for lunch, who wants a slice? lol

GLA

It's just a harmless joke brookkers, of course i don't, but i do know that it's bursting with data, recent RNS tells me that. Raharh's real life timeline, tells me that there should also be lots of potential buyers in there, at around this area in our FSP.

GLA