Member Info for mac4671

Good luck with your work Rowka, and thank you for sharing what you managed to dig up, both on here and on twitter.

All the best to you.

GLA

Certainly not bad when looking at a potential dividend scenario gfd. The longer the FSP goes on, the higher the potential dividend from WK, i bet a few had forgot about that little gem of a scenario.

GLA

Wk is platinum dominant, but you will notice the basket of metals produced, it is always mentioned in RNS -

"Eurasia Mining plc, the palladium, platinum, rhodium, iridium and gold producing company"

If you watch this interview, you will hear Dmitry talk about them looking into dividends, now wouldn't dividend be nice from the bonanza grade area -

https://www.youtube.com/watch?v=d_YMY6yiMDE&feature=youtu.be

GLA

We're definitely due an operations update for that asset imho.
Typil and a separate flanks application are in the works and it has been producing for quite a few months now -

"Further exploration license applications

Tipil License - Additional 24.5km2 west of the current mining license

Project Flanks - Additional 50.7km2 surrounds the current mining license and includes strike extensions to identified reserves and resources. MOD approval received in May 2020."

https://www.lse.co.uk/rns/EUA/annual-report-and-accounts-pejv5lxg8dt8bx7.html

Extra machinery to site for 100% revenue to us -

"In addition to the existing machinery and equipment already owned by the Company as described in the announcement dated 26 November 2019, a lease agreement has been signed with Leasing-Trade in relation to the following:

· Two new Hitachi ZX330LC-5G excavators that have already been shipped and are currently operating at site, and a further Hitachi ZX300LC-5A excavator awaiting shipment;

· A 30 ton Chetra T15 bulldozer arrived on site on 15 March 2020; and

· The lease agreement also provides for the delivery to site during April 2020 of additional 4 Kamaz 20-tonne ore haulage trucks."

https://www.lse.co.uk/rns/EUA/general-update-cxkrj8bql7vbtxf.html

Targeting the bonanza grade Kluchiki area -

"Evidence for bonanza grade ore pockets within the latest Kluchiki drilling results."

"Drilling occurred as infill drilling on 6 traverses within the Kluchiki Area which spans a distance of more than 2.5 kilometers in an east west direction"

https://www.lse.co.uk/rns/EUA/eurasia-mining-plc-kluchiki-reserve-drilling-and-mine-season-update--a3scd8cl3sqat9c.html

GLA

Larger figures may arrive at some stage, but as of right now, we have what's in the 15Moz mining plan -

"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."

And due to the disclaimer slotted into the FSP RNS about the additional 25Moz, then they appear to be applying for more areas, from what A1EX managed to find, it coukd very well be Volchetundra, another palladium dominant area that they partially drilled many years ago, while holing a license to the area via the JV with Anglo.

GLA

As others have pointed out, the 28 days rule has been removed for eurasias FSP.

The board meets no less than once every 6 weeks, so we could hear something from their meeting, their last one was more than likely before the FSP and accounts RNS's.

GLA

28 full ones would take us to close of play monday. I made a similar mistake with the 10 day disclosure of positions deadline.
The FSP RNS landed within the trading day at the time, so that day doesn't count as a full business day you see.

GLA

There are endless amounts of goodies in the area. The thing to remember though, is that not all of them will be economic to extract. That's what feasibility studies, definitive feasibility studies are there for. Those studies determine what's economic, and it's from those that a mine plan gets made, the current one for MT is for 15Moz and to run for 20 years.

GLA

GOLD $2,072.20 SILVER $29.09 PLATINUM $1,014.60 PALLADIUM $2,309.50

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

At the time of me writing this!

GLA

The area that they're currently going hammer and tong at is Kluchiki Daniel. Confirmed by A1EXs satellite imagery -

"Evidence for bonanza grade ore pockets within the latest Kluchiki drilling results."

"Drilling occurred as infill drilling on 6 traverses within the Kluchiki Area which spans a distance of more than 2.5 kilometers in an east west direction"

https://www.lse.co.uk/rns/EUA/eurasia-mining-plc-kluchiki-reserve-drilling-and-mine-season-update--a3scd8cl3sqat9c.html

GLA

They moving extra machinery to site march/april this year -

"In addition to the existing machinery and equipment already owned by the Company as described in the announcement dated 26 November 2019, a lease agreement has been signed with Leasing-Trade in relation to the following:

· Two new Hitachi ZX330LC-5G excavators that have already been shipped and are currently operating at site, and a further Hitachi ZX300LC-5A excavator awaiting shipment;

· A 30 ton Chetra T15 bulldozer arrived on site on 15 March 2020; and

· The lease agreement also provides for the delivery to site during April 2020 of additional 4 Kamaz 20-tonne ore haulage trucks."

https://www.lse.co.uk/rns/EUA/general-update-cxkrj8bql7vbtxf.html

GLA

Not so Daniel, arpril/may until late oct/nov is a typical season for WK.

GLA

Alexei Boucher was excited in Feb for it, rightly so after giving 20 years of work to Eurasia so far -

https://twitter.com/AlexeiBoucher/status/1226519603561586690?s=20

Exploration Manager / Project Manager– Eurasia Mining PLC -

https://www.linkedin.com/in/alexei-boucher-b684b0121/?originalSubdomain=ru

UBS FSP and full support of Russia, what a cracking place to be ladies and gents!

GLA

Two very happy looking company professionals pictured in this tweet -

https://twitter.com/eurasiamining/status/1235218733276241920?s=20

GLA

I've been itching for an update since the mining season started over there. First season with 100% coming straight into our coffers. Some production figures of late, would give us all something to play with for a while.

GLA

Eurasia has full Russia support -

"Mining is a critical industry in Russia

• Eurasia participated at PDAC 2020 at the invitation of ROSNEDRA (Russian federal agency for subsoil management) together with Russian Mineral Industry professionals and majors.

• Recognition of importance of mining, and foreign investment into mining in Russia

• Eurasia is a permanent member of Urals Association of gold producers whose role is to work alongside government agencies to optimize legislation and improve the business environment"

GLA

We're definitely due an operations update for that asset imho.
Typil and a separate flanks application are in the works and it has been producing for quite a few months now -

"Further exploration license applications



Tipil License - Additional 24.5km2 west of the current mining license

Project Flanks - Additional 50.7km2 surrounds the current mining license and includes strike extensions to identified reserves and resources. MOD approval received in May 2020."

https://www.lse.co.uk/rns/EUA/annual-report-and-accounts-pejv5lxg8dt8bx7.html

GLA

Platinum has breached $1000 at the time of writing this.

GLA

And platinum taking another stab at $1000, all good to see -

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

GLA

Bot fly blip on the radar i see, prime example of the 'i think' unsubstantiated noise.

GLA