Member Info for mac4671

Hydrogen baby, Hydrogen -

"We also enlarged our Board with the addition of two new Asia-based directors: Tamerlan Abdikeev and Kotaro Kosaka, who play a key role in our Hydrogen strategy, and, more recently, the appointment of Artem Matyushok, an experienced M&A and Hydrogen industry professional post year end. On your behalf I welcome them to our team, as well as new management and employees at West Kytlim and Kola."

GLA

Sakhalin is simply the first and they have an expanding BRIC's network to play with and all who deal with BRIC's -

"This project is the first of many in our plans to address the tremendous demand for hydrogen that exists now and will continue to grow"

Eurasia Mining part of Russia's Green Hydrogen energy beast of the future, beautiful really!

GLA

Artem, indeed. Currently an iNED and so in an advisory capacity to the board. Well, he goes through whatever draft deal paperwork they have and challenges them constructively on areas where he thinks that they can be improved. It's all to do with ensuring the BOD have done everything in their power to reach the best deal they can.

KPMG is similar, an advisory capacity, they will advise on the most tax efficient way of doing all of the M&A the BOD wish to do. It's all tax above and beyond your standard yearly accounting and so you require a M&A specialist firm like KPMG to cover that aspect.

The proxy vote part is indeed interesting as we have had an RNS to state that there is no official relationship with Artem, well, there wouldn't be until the M&A concludes and the Green Hydrogen JV starts with his company H4energy -

"The design services agreement, awarded by H4 Energy, under the management of H2Transition Capital LLP (H2TC), includes an initial screening study that started in January. During the study, Petrofac will explore options for using predominantly wind energy to produce green hydrogen and other sustainable sources of energy at the site on the south-western tip of Sakhalin Island"

https://www.ogv.energy/news-item/petrofac-to-evaluate-green-hydrogen-development-on-sakhalin-island

GLA

Out of your shares by the charlatans who appear on here.

Go through all RNS from the bank one in 2019 until the present one mentioning KPMG as our agent. Anyone with a set of eyes and a little undetstanding of M&A will know approximately where we have arrived.

The ones not after your shares are simply after as large of a swing as possible with the SP as they're trading it!

GLA

CALLS own a massive total of ZERO shares, but, he owns one grubby seat in the green bin!

GLA

You have an abundance of green boxes posting nonsense on here and the MM's moving the SP around a lot. You would almost think that they work together tbh.

No matter what happens with the SP, the company progress in all departments is still ongoing.

GLA

A Dmitry retweet. BRIC's -

Aditya Shrivastava ????????
@adityapratapsri
·
3h
@ONGC_
has sent additional personnel to strengthen its presence in the Sakhalin-1 project after
@exxonmobil
announced in March that it would end its oil and gas operations in Russia due to Western sanctions.

https://twitter.com/adityapratapsri/status/1546457114251448320?s=20&t=8YKrK3LUkWiUO1yXNrGKQw

"India explores to expand footprints in oil fields in far East Russia"

Read more at:
https://economictimes.indiatimes.com/news/india/india-explores-to-expand-footprints-in-oil-fields-in-far-east-russia/articleshow/92795862.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

GLA

Why was Artem brought in again? Oh, that's right -

"The experience of Artem and his knowledge of Eurasia can significantly speed up our Russian assets sale process"

KPMG, now, why were they appointed? Oh, that's right -

"We also recently welcomed KPMG on board as agent within Russia to progress our asset sale strategy."

Now, the gent who is retiring this month, why was he brought here? Oh, that's right (he only gets paid if the sale takes place ;)----) -

"Eurasia is pleased to announce the appointment of Alexander Vasilievich Sushchev (PhD in metallurgy) as strategic adviser to the Board. Alexander is a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer, that he helped sell to a company affiliated with Rusal) as well as former manager of Norilsk Nickel, the world's largest palladium producer. Alexander will be working closely with the Directors of Eurasia, Mr Alexei Churakov as well as with the banks as the Company is working on a potential disposal of the Company's assets as announced on 24 October 2019. There can, however, be no guarantee that any transaction will occur.

Alexander will not receive a salary for his role. However, it is noted that Alexander will receive 10% share in Deloan Investments Limited ("Deloan"), a Company owned and controlled by Dmitry Suschov (Director of the Company), which holds a 10.42% interest in the Company. This will help avoid the dilution of the shareholders and will allow the right success oriented motivation of Alexander."

Oh look banks are mentioned, now why were they brought here? Oh, that's right -

"The Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an alternative asset transaction superior to those outlined in the announcement of 15 September 2019. 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"

All of the above + DLA Piper, UBS, Citic Merchant etc have all been brought here to do one thing!

GLA

It's what traders do, no idea why, they think switching their comment agenda on here affects the SP and so helps their trading quest. It doesn't, they're just dellusional enough to think it does however.

Assets will be sold, dragline will be put in place at WK, the Green Hydrogen JV will take place and Green Hydrogen will be produced in 2024. There is absolutely not one keyboard stroke on here that will change any of it!

GLA

Ukrainian troops have largely been retreating in the East. I think they know themselves that it's just a matter of time before Donbas falls.

The pause is positive in the way that it gives innocent civilians time to evacuate the last remaining areas of Donbas before what is clearly going to be Russia's last push there.

They could call for peace talks and accept that they have indeed lost Donbas, or, they could continue fighting until winter and Donbas will still have fallen.

It's been a tough watch from day one tbh, all conflicts always are and you hope every time that whichever one is current will be the last in a long line and seemingly never ending list of them.

GLA

Placement? The ability to do one is being removed at this years AGM. It just shows what the green boxes are, there is no better way, only a shorter would have not seen the proxy form. Talk about shooting yourself in the foot lol

GLA

Can't expect 40% gains every day.

It's a poor game by the MM's tbh, a perfectly fine RNS arrives and they savagely tree shake to get shares from unaware hands, only to take the price back to where the savage shaking originated a short time later.

Hopefully another leg up begins this afternoon, FOMO may kick in again due to things like Alexander retiring this month who only gets paid by way of a dividend from asset sales. We'll see!

The same swings used to happen prior to the index listing, it does look like we've arrived back at those days tbh.

GLA

Well done, good effort armada. Rest and feast well this evening and be ready to go again at first light.

Slainte Mhath

GLA

Row you scallywags, get the ship sailing faster than Usain Bolt, put your back into it etc etc etc blah blah blah lol

GLA

Boom, boooooooooom, boooooooooooooooooooooooooooooooom look at the green boxes leave the room!

Toodles!

GLA

There's always room for a boom on a big blue day!

Someone could make a song out of that lol

GLA

Oh come on, we've not had one of those today have we?

Just to get right under a green boxes skin lol

GLA

It's certainly been a long wait, far longer than anyone guessed at the start of the FSP Dave.

There is info which comes from outside of RNS, NN's big Copper project at Monchegorsk for example. Whatever happens with any resources coming online, they will have to marry the new facility building time. So, both are ready at a similar time to move Monchegorsk forward as the clearly planned new PGM and Battery Metals district of Russia.

NN are the biggest giveaway tbh, you just don't spend that amount of time and resources on something that is going to be small, they're changing their rail logistics and all sorts as part of their wider plan there. It will be interesting to watch it all develop heading towards 2024!

GLA

Dave, are you ok? DD complete, yes, they've been working on the other stages ever since.

Covid and the conflict have slowed things down a bit, it's quite normal given the circumstances!

If you were a buyer, would you wait and see is any sanctions could hit for example? Of course you would, their advisor will have told them to, they have M&A advisors just the same as the selling side, us.

GLA

Why was Artem brought in again? Oh, that's right -

"The experience of Artem and his knowledge of Eurasia can significantly speed up our Russian assets sale process"

KPMG, now, why were they appointed? Oh, that's right -

"We also recently welcomed KPMG on board as agent within Russia to progress our asset sale strategy."

Now, the gent who is retiring this month, why was he brought here? Oh, that's right (he only gets paid if the sale takes place ;)----) -

"Eurasia is pleased to announce the appointment of Alexander Vasilievich Sushchev (PhD in metallurgy) as strategic adviser to the Board. Alexander is a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer, that he helped sell to a company affiliated with Rusal) as well as former manager of Norilsk Nickel, the world's largest palladium producer. Alexander will be working closely with the Directors of Eurasia, Mr Alexei Churakov as well as with the banks as the Company is working on a potential disposal of the Company's assets as announced on 24 October 2019. There can, however, be no guarantee that any transaction will occur.

Alexander will not receive a salary for his role. However, it is noted that Alexander will receive 10% share in Deloan Investments Limited ("Deloan"), a Company owned and controlled by Dmitry Suschov (Director of the Company), which holds a 10.42% interest in the Company. This will help avoid the dilution of the shareholders and will allow the right success oriented motivation of Alexander."

Oh look banks are mentioned, now why were they brought here? Oh, that's right -

"The Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an alternative asset transaction superior to those outlined in the announcement of 15 September 2019. 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"

All of the above + DLA Piper, UBS, Citic Merchant etc have all been brought here to do one thing!

GLA