Member Info for mac4671

https://youtu.be/jf3nFz4xzNE

GLA

That's it stix, in reality we've been very lucky through all of this to date, to be honest.

For some reason i have 4 months in my mind, for the license to come from the place that issues them, after all other bodies have signed it off. That would be around now from that april RNS confirming all bodies had signed it off -

MONCHETUNDRA

"As previously announced the application for the Flanks areas at Monchetundra received Ministry of Defence approval (see RNS dated 17 December 2019). Approval by the Federal Security Service (FSB), the last remaining federal body, whose approval is required for the flanks licence application, was also subsequently confirmed to the Company by Sevzapnedra. The Directors expect the license to be issued by Sevzapnedra soon as per standard process."

https://www.lse.co.uk/rns/EUA/general-update-2v4nogg7jxdqz4q.html

GLA

2015 is the start of WK, each time an area is added, a license date is applied, this time Tipil, date 06/08/20 -

https://twitter.com/R1EXG/status/1291692973323964416?s=20

See here for original WK license date -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xpmy1mx

GLA

Ok, even that way they did haha. Fancy mixture of beverages, will have to do then lol

GLA

Interesting that they censored that word.... *******tail.

GLA

After EUA, feet up, ****tail in hand, on a nice warm sunny foreign beach ;)

GLA

There's cobalt as well money, it all adds something to our value here. Truly great asset, metal basket wise.

Yeah Rowka, that's why it's so amusing, at least from where i'm sat. They just made out it was a fairly average sized palladium play, unique that it was palladium dominant, but that was all for absolutely ages.

1.9Moz to a potential 40Moz, it's mental, and when you look into things further, like you have, you realise that even that's just touching the surface of it all.

GLA

They're totally whipped and beaten now, but some will probably appear on sunday, it's like a religion to them, total suckers for punishment tbh lol

GLA

I wouldn't worry Rowka, it's not a popularity contest. I think we're all just a good bunch of people who have all arrived and an amazing company to have shares in.
We all have the same aim, to try and understand what they're up to, and to make plenty money along the way.

You get the credit you deserve, you dug up some truly great stuff.
Other posters bring their own info and opinions to the board here, it has all worked well to destroy and bot fly attacks to be honest.

GLA

GLA

It may well be the case Rowka, christian and alexei boucher have been here for a very long time. A lifes work almost.

But, you never really know what Dmitry has planned, he appears to be an absolute master at what he does.

GLA

What's funny is 1.9Moz was the only figure ever given out in RNS, then bang, people are interested in buying us, banks have arrived, guess what, we have 15Moz and potential for more millioms of beautiful ounces, who has the biggest chunk of cash?. 3,2,1 Go. . . . . Lol

GLA

They could sell their stakes in the companies that hold WK and MT, then apply for volchetundra again. That's what i've thought they would do for a while, there are also other assets in the urals they could possibly go back to.

Who knows, but whatever happens from here, is only a good thing. There is no negative way forward from where we're currently sat.

GLA

Vague is the best description i would give it Rowka. Some parts really do confuse you a bit tbh, when you're trying to piece it all together.

I thank Anglo for leaving, they provided an opportunity for anyone to buy into a massive PGM play at a cheap price.

GLA

Even the old WK area, the area in production, used to have a 251km2 license, and so that area itself never used to be a small license area back in Anglo JV days. But, it's the best example of showing you/us that they're applying for the old areas and then expanding back to the old asset area levels. I think WK, with tipil and the extra flanks app that's in, would go to around 167km2.

GLA

That's the hard part money, marrying the old RNS info to everything we see happening now.

It's all a bit of a head f#ck tbh, because what they used to have palladium wise, could be absolutely crazy. Between MT and VT, with the size of those old license areas. 40km + strike zone at VT, that's mind boggling potential.

GLA

It may be Volchetundra, or it may be another area within the old Monchetundra area, the old Monchetundra area is 36.2km2.
Between old RNS and what's appearing now, it can get a little confusing.
The old MT area was massive, the old VT area was absolutely colossal - 210km2

GLA

Here is A1EX's tweet about it -

https://twitter.com/R1EXG/status/1290312857092055040?s=20

GLA

Volchetundra is an area out of MT exclusivity and so a separate area. The additional 21Moz is outside MT exclusivity, A1EX provided something the other day that suggested appraisal work was going on at Volchetundra.
As i've said, it's an area previously part explored by Eurasia back in JV days -

"Volchetundra

To date, 12,192m of drilling have been completed on the Volchetundra Licence. The focus has been on two areas of mineralized contact, Olche and Yukspor, located approximately 3.5km apart. Recent drilling tested 2.6km strike length at the more northern Olche prospect, whilst only 2km of strike-length was drill-tested at Yukspor. The total strike length of prospective contact zone within the licence area is interpreted to exceed 40kms."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x55ym2x

They're basically going back to all the old areas that they've already explored in JV days, and already know what goodies are there.

GLA

Because money, it's Volchetundra, it's an area that Eurasia part explored back in Anglo JV days.
The Russian law seems very protective for the people who explore and seek to mine their PGM rich assets, everything to date has been Eurasia getting back the areas that used to be included under that JV years ago.

GLA

Did it snow paramedic? haha. Only joking, nice work.

GLA