Member Info for mac4671

Multiple potential buyers, multiple NDAs, it was and probably is easier for all of them involved to have it suspended.

As jonesy says, it's a huge potential amount of money involved for a deal, and as such everything has to be watertight.

There isn't really any reason for concern, satellite images provided by A1EX show exactly how fast they're going at WK. The latest RNS dropping "execution team" in there, shows us all where they're at in terms of any deal imho.

I think they've provided enough information, but they'll have NDAs to abide by which will stop them giving us the juicy bits until it's all done and dusted.

Every day is a day closer!

GLA

Who's booking the rooms for when we go over for a look?

https://www.google.com/maps/place/Gostevoy+Dom+%22Severnoye+Siyaniye%22/@59.5018141,59.1916043,2347m/data=!3m1!1e3!4m8!1m2!2m1!1sriver+tylai!3m4!1s0x43ecb9fe7b201609:0xff6e751cea25536f!8m2!3d59.5031188!4d59.2023906

GLA

With 117km2 at WK with tipil, it really does put things into perspective as to how large that area is when looking with a scale to go by.

If you go north from the post office, maybe 15-16km to the next mountain, there's another very clear area there that looks like it's being dug up for goodies as well. A clear road leads to the site!

GLA

*Kytlym

This one provides a phone number in Kylym, anyone speak russian?. "Hello it is me, great investor of the eurasia, can i find out how fast they're going please?" lol

https://www.google.com/maps/place/Pochta+Rossii/@59.5048756,59.192684,4693m/data=!3m1!1e3!4m8!1m2!2m1!1ssatellite+image!3m4!1s0x43ecb8e36d25d331:0x3ba276443a28236f!8m2!3d59.4995727!4d59.2005694

GLA

Cracking instructions A1EX, i've always popped onto this from time time to watch. Not sure how often its updated, but it is significantly larger than the last time i had a look -

https://www.google.com/maps/place/Gorod+Karpinsk,+Sverdlovsk+Oblast,+Russia/@59.5160593,59.1347738,5579m/data=!3m1!1e3!4m8!1m2!2m1!1ssatellite+image!3m4!1s0x43eccc8041cddf6d:0xf7046b17edd29dda!8m2!3d59.829095!4d59.0937706

GLA

As well -

"Furthermore, a new strategy for reserves approvals has been adopted by the Company going forward. All Russian category C Reserves at all areas on the West Kytlim license are expected to be upgraded to C category in a single drilling program. The drilling program of circa 2,600 m of shallow drilling, 140m of which has already been drilled at the Bolshaya Sosnovka area, is fully funded. The Company expects this drilling program to be completed during 2019 in parallel with mining, and are excited about the opportunity this presents to increase capacity at site"

So much good news to look forward to!

GLA

Night A1EX, hope you sleep well in that space station of yours lol

GLA

I remember reading this as well -

"Positive Baronskoye Exploration Results
With Potential Additional Palladium-Gold Zones "

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/x4q88kr

They may have had a very load road to this point, but they've certainly managed to collect a lot of geological data.

GLA

It's very exciting A1EX, especially knowing how much previous exploration they've done in the urals.

"The 251 square-kilometer license area lies within the Kytlim Platinum District"

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

MT does tend to make you think about revisiting volchetundra, very large area with good pd to plat ratio -

"Monchetundra (36.2km2) and Volchetundra (210km2)"

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

GLA

Dividends for a long time -

"We believe we are now established as a dominant player in the PGM space in the region and look forward to scaling up our operation providing a low cost PGM solution that is sustainable over potentially several decades."

That should maintain some form of a decent sp.

GLA

They were nice and shiny when they started, can you imagine what the poor things look like now after shifting all that ground?

https://twitter.com/eurasiamining/status/1259769237784199168?s=20

GLA

They're certainly processing quite a large amount of ore this year going by your images A1EX, it's great to see just how rapidly things appear to be moving along. That new fleet is certainly getting put to work!

GLA

Which makes you wonder if this is still going ahead? -

https://tass.com/economy/1085093

GLA

Are in a prime position to take full advantage of this -

https://resourceglobalnetwork.com/2020/06/12/south-african-mining-output-collapses-by-nearly-50-in-april/

GLA

The strength here of the collective genuine shareholders is very good ian, thank you for your contributions.

You have to understand that there are some who still see this as a bargain and are wishing to accumulate more when it trades again. Most shares are tightly held with a firm grasp by well researched investors, so the only way they can try and get more is by trying to convince weaker holders to part with theirs.
Some of the things they post here to achieve that aim is pretty shameful.

I mean it is a dog eat dog world, but they can go elsewhere to try those tactics, us LSE ladies and gents have none of it lol

Every day is a day closer!

GLA

Some are starting to believe that A1EX actually lives in a space station lol

Great images!

GLA

For anyone that's interested -

https://www.mdpi.com/2075-163X/8/9/379/htm

GLA

But always remember, the chinese like to throw a lot of money around as well. With S.A rated as it is, this money source possibly looks to invest elsewhere as well -

https://www.miningindaba.com/Articles/chinese-investment-in-african-mining-what-you

GLA

More than one buyer always leads to the highest offer winning. But this statement about S.A restart financing being difficult to obtain does tend to tell you that operators there could be looking for assets and an easier time elsewhere. The most noticeable in my eyes is anglo due to their history with eurasia, they already know what is in the ground as they funded the exploration many years ago!.

"This Company's discussions on its projects have continued with potential buyers at and after the global mining conferences of Indaba and PDAC, and following the temporary closure of the PGM mining industry in South Africa which has the capacity to produce 70-80% of global platinum and 40-50% of global palladium supply. The restart for some South African PGM miners may also prove difficult especially as there may be limited access to financing after all credit agencies (S&P, Moody's and Fitch) downgraded South Africa below the investment grade into 'junk' territory coupled with continued volatility in PGM prices (particularly platinum). "

GLA