Member Info for mac4671

To all who managed to pick up some near the bottom of that. If the weak don't want them, they may as well go to stronger hands.

GLA

MM's just raided the weak. LTHs are where they've always been, sat chilling with the feet up laughing at the bed wetters lol

GLA

A little sp turbulence doesn't change the asset values. Emission standards have not changed because of sp turbulence either.

FSP continues regardless of sp short term movements.

GLA

Isn't it handy Anglo are doing what they're doing then money -

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

This is just the final furlong of a huge race.

Some people have been here 20 mins, others, the company professionals, have been here 20 years.

Alexei Boucher has put 20 years of work into all of this, i bet he is very pleased that it has all arrived at this stage.
When you follow him on twitter, you can sense that he's a very enthusiastic geologist.

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

GLA

Hello and welcome. Best of luck with your investment here.

GLA

Perhaps look into this quercusrobor -

https://twitter.com/GMF782/status/1269009226824921090?s=20

GLA

That's because they're not investors Monkey.

The FSP was started, we all have to patiently let it play out.

We'll all be updated when it's appropriate, the 8.5s tell you it's still very much in order.

GLA

We have the palladium, we have the plan, it's all currently up for sale. Sit back, pop the feet up, relax, everything else is just noise -

https://www.lse.co.uk/rns/EUA/statement-re-formal-sale-process-s2dz3bhew85fz5j.html

GLA

You have to take the figures the BOD have placed in RNS as the hard facts. Target mine production has came from a stand point after exploration, that's simply just part and parcel of a mine life cycle -

https://www.miningglobal.com/operations/gifs-5-stages-mining-life-cycle

https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

Currently we have a 20 year mine plan for MT, so that is what we have to base everything off, it's in RNS and has been previously assessed by the BOD, who are the professionals in all of this.

"MONCHETUNDRA



A fully funded development project; with 15moz palladium dominated PGM resource, it is one of the largest assets globally not owned by a PGM major.



Asset overview:

Ownership: 80%

Operating Partners: Sinosteel, Central Kola Expedition

Region: Murmanskaya Oblast, Russian Kola Peninsula bordering Finland.

Mine type: Open pit.

Licensing: Mining license to 2038. Financed via Sinosteel EPCF.

Status: Preparation for production.

Product/Offtake: PGM and base metals concentrate (Palladium dominant, Platinum, Gold, Nickel and

Copper).

Infrastructure: Road, Rail, Sea Hub, Power and labour. Close to Finish border

Mine life: >20 years

Target production: 1,000koz at full capacity

Exploration upside: Expanding mineable reserve base via acquisition of adjacent licences."

GLA

Itching to know what they've managed to produce at West Kytlim so far this season?

" This year we are operating our own equipment, employing a team of machine operators directly and with 100% of revenue attributable to the Company. This is the first step in building production in the coming years. In order to facilitate this growth, we have worked hard to accelerate the permitting of the mine areas with the responsible bodies and this is well in hand. Additional licences are expected to follow and we look forward to building out production further. "

GLA

Legal exclusivity to many goodies, beautiful -

" The total amount controlled by Eurasia and under flanks exclusivity right application is c.15Moz of PGM as per the State Cadastre with an additional c. 4Moz also within the 5km exclusivity area. "

GLA

What a time to have this up for sale -

" The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play". "

GLA

That's from the Eurasia website. Make of it what you want.

29/07/20 17:15 3,500,000 16.75 0.00 0.00 £586,250.00 Buy

GLA

Realistically, they should be able to expand back up to the old license area they had in the Anglo JV days -

"The 251 square-kilometer license area lies within the Kytlim Platinum District,
where historic hand-mining operations are estimated to have recovered more than
50 tonnes of platinum."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

That's obviously if they have enough time. WK could get sold in the FSP.

GLA

What's interesting is the mention of a different flanks area getting MOD approval in may, this appears in the annual accounts RNS -

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.

So perhaps when they both come, we'll be looking at a 167km2 area in total.

GLA

I go with RNS, last notable mention was on 09/04 -

"The Tipil license area has achieved approval at all federal agencies (see RNS dated 09 December 2019) and awaits a formal issue of the appropriate license."

GLA

What exactly do we get from UBS?, well, this is what we get -

"As your partner, we will support you throughout the entire sales process, from preparation, contacting of potential purchasers, due diligence and sale negotiations through to signature and closing. You benefit from a first-class, one-stop advisory and execution service."

https://www.ubs.com/ch/en/swissbank/corporates/corporate-finance/m-and-a.html

It's so good, to have the best M&A bank in that area as out partner in all of this. It's like the ultimate bot fly swatter, swot swot, squish squish.

GLA

"UBS, which earned the nod from Global Finance as the Best M&A Bank in Asia-Pacific, provides M&A advisory throughout the region, including Hong Kong, China, Singapore, Japan, Australia, India and across Southeast Asia, says the bank’s Peirce."

https://www.gfmag.com/magazine/april-2020/worlds-best-investment-banks-2020-mergers-acquisitions

GLA

Feet up, chilled, highly amused at the bot flys -

Christian Schaffalitzky, Executive Chairman of Eurasia, commented: "The Board remains focused on maximising shareholder value, and, after receiving approaches from multiple parties interested in acquiring Company's assets, has decided that launching a formal sale process under the Takeover Code is in the best interests of shareholders, which could result in a sale of assets or the Company. The Company will work with UBS and its other advisers to execute the process."

https://www.lse.co.uk/rns/EUA/statement-re-formal-sale-process-s2dz3bhew85fz5j.html

GLA