Member Info for mac4671

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

GLA

Apple is going to have to compete with Tesla for supplies at some point.
Tesla is all about 'rapid expansion' and 'market dominance', all major west car manufacturers are playing catch up with them.

GLA

Morning stix, see the operations part of this RNS -

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

GLA

In a nut shell -

https://www.investopedia.com/terms/v/verticalintegration.asp

GLA

It has always been in RNS. It was an area they had an exploration license for back in Anglo JV days, and has been partly drilled -

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

Recent RNS tells you about a possible 25Moz, that's where that figure will no doubt come from.

They would simply be applying for the license for that area again, it's what they did with monchechundra.

GLA

Certain parts grab your attention, like this for example -

"The board meets when an executive decision requires board approval, and in any event no less than once per six-week period."

GLA

for the next adventure of Dmitry, lybrion -

https://news.bitcoin.com/putin-signs-law-cryptocurrency-legal-russia/

GLA

You can certainly see why Dmitry said that they would not be rushing, the sale potential is off the chart if they play it exactly right.

News headline of the future - Dmitry Suschov becomes a billionaire. . . . . . . . .

GLA

It's almost far too much on the excitement front saxonaxe. Mind = completely blown.
An AIM share as well, just floating around in the disguise of a minnow!!

GLA

We could be looking at a resource upgrade at monchetundra and the addition of volchetundra, or at least part of volchetundra.
I've been here that long i was over the moon and possibly too focused on the 15Moz, as that is worth a fortune and is mind boggling when going from a half penny share. But add a MT resource upgrade and VT/Part of, and my mind starts to go into overload with the possibilities of a final sale price.

What an absolutely wonderful mind boggling situation to be in right now.

GLA

When you go back to the FSP RNS, it may well suggest that they were applying for additional licenses for the 25Moz, because they inserted a disclaimer into the RNS -

"it should be noted that there is no guarantee that all these additional 25Moz of resources will prove to be economic or that Eurasia will be granted a licence over all of these 25Moz of PGM resources."

There would be no reason to insert that disclaimer if they were not looking to apply for that extra 25Moz imho.

GLA

If they pull it off, everything that uses a battery will benefit, not just EVs -

"This new generation of lightweight, powerful batteries has the potential to grow to scale on the back of the attractiveness of battery electric vehicles (BEVs) and the use of lithium batteries in other applications beyond mobility."

GLA

I can see Rowka skipping down the road where he lives in fits of joy, if they bundle Volchetundra into the sale lol

GLA

https://electrek.co/2020/07/21/tesla-secret-project-palladium-new-model-s-model-x/

GLA

Tesla + Anglo American Platinum Limited and Platinum Group Metals Ltd = Next Gen battery dream team?

https://www.angloamericanplatinum.com/media/press-releases/2019/15-07-2019?fbclid=IwAR3vXG8WpfZMIIEDMvGSlDbMHGuRcnab6WjcUsVya3ddNZIrJlUe9WQZzYs

"Lion Battery project successful with Li-sulphur next gen battery design using 8-10g Pd as cathode layer to 500 cycles (Target 1,000+) with 4x energy density vs Li-ion."

4x energy density, that is a vast improvement!

GLA

Mac's like, wait there hold my beer -

https://electrek.co/2020/08/03/tesla-boost-russia-market/

Makes project palladium even more intriguing.

GLA

It allows you to understand where the extra 25Moz will come from that they have mentioned.

Previous drilling in the area will have already gave them a good idea for certain figures imho
GLA

If they were to bundle it into the sale, forget any of the conservative valuations we've seen to date -

"The total strike length of prospective contact zone within the licence area is interpreted to exceed 40kms."

GLA

It's interesting that CKE are also mentioned in what you've found A1EX, very interesting indeed.

GLA

"To date, 12,192m of drilling have been completed on the Volchetundra Licence."

GLA