Member Info for mac4671

The date is wrong suts, it's on about a potential JV with lesego platinum. I personally thing that it was a rushed RNS through excitement at the time -

https://www.lse.co.uk/rns/EUA/eurasia-mining-plc-senior-management-team-appointment-i84vpyiztdgkr4i.html

GLA

ALEXANDER SUSHCHEV
Strategic advisor to the board
Alexander is a metallurgist by background and a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer) as well as a former manager at Norilsk Nickel.

GLA

It has to be a little bit more than a coincidence at this stage surely?
I always thought they may just sit and wait until they see what offers get made, and then just come in and out bid everyone!

GLA

Talked about yet?. That's quite a chunk of cash!!

https://twitter.com/GMF782/status/1232307235897954304?s=20

GLA

Success fee stage -

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 we can do is wait and see what transaction comes forward.

GLA

Every day is a day closer -

" The current negotiations are primarily related to the interest of partners in acquiring assets belonging to the company itself " said Mr. Churakov

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

https://www.kommersant.ru/doc/4261491

GLA

Yahoo finance for the win lol

GLA

they're getting more desperate all the time. You've lost, the quicker you accept it the better -

" The current negotiations are primarily related to the interest of partners in acquiring assets belonging to the company itself " said Mr. Churakov

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

https://www.kommersant.ru/doc/4261491

GLA

, is how much for this lot imho?

The average Pd:Pt ratio for Monchetundra is 2.36:1.

The average Pd:Pt ratio for Volchetundra is 2.93:1.

Monchetundra

To date, 16,121m of drilling have been completed on the licence

Volchetundra

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

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

MT and monchegorsk geology -

https://www.researchgate.net/publication/252268728_The_Monchetundra_Basic_Massif_of_the_Kola_region_New_geological_and_isotope_geochronological_data

This amount of exploration funding years ago -

https://www.proactiveinvestors.co.uk/companies/news/226/eurasia-mining-revisited-0188.html

"To summarise, as per the information from the Russian Cadastre:

· there are potential resources within the existing Company licence and the flanks application of c.15M oz. This includes Eurasia's current state approved reserves and resources of c.1.9million ounces (see the Company's Resource Statement, announced 15 June 2017) and c.13Moz detailed in the Russian Cadastre;

· additional potential resources occurring within 5km of the Monchetundra Mining license and areas neighbouring the Company's deposits of c.4M oz; and

· additional potential resources within the wider Monchegorsk district in which the Monchetundra license is located of c.21M oz.

The potential for the area could be 40M oz of PGMs, but as stated above this data has not been independently verified by Eurasia and other than the area covered by the Company's existing licence the Company does not yet have any other licences in the area"

GLA

that the banks and BOD are just sat there discussing which coffee machine to install during negotiations, you are clearly more naive than anyone could have ever anticipated!.

Banks work for money, simple as that -

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".

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-9jxlv98khqhae4b.html

Nothing anyone says can change the fact of the situation at present, all we can do is just patiently await showtime!!

GLA

Success fee stage -

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 we can do is wait and see what transaction comes forward.

GLA

Every ones interests are aligned, it's exactly what has the shorters in the position that they're in and what's making them so desperate with the lame stories they try to put around.
You have team investment bankers (BOD) with 2 large investment banks wanting the same outcome, yet here are the shorters trying to mutter their nonsensical gibberish on the daily, it's comedy gold.
Their careers are to make MONEY, and very LARGE amounts of it!!!

GLA

I wonder how long until success fee time? -

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".

Fredr thinks banks work for nothing bless him, back to primary school and learning to count for you lol

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-9jxlv98khqhae4b.html

GLA

The bigger the deal!!.
Poor shorters are locked in the furnace ready for burning time, no escape, it's the thing of AIM legends it really is lol

GLA

I wonder how long until success fee time? -

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".

Fredr thinks banks work for nothing bless him, back to primary school and learning to count for you lol

https://www.lse.co.uk/rns/EUA/engagement-with-citic-and-vtb-capital-9jxlv98khqhae4b.html

GLA

What's that sound in the distance, i think it's bailiffs knocking on shorters doors!!

How nervous are they getting now lol

GLA

The bigger the deal?

It's certainly all very exciting, will the banks be collecting their success fee shortly?. I certainly hope so!!!

GLA

That's certainly a very interesting move!

GLA

FOR SALE -

The average Pd:Pt ratio for Monchetundra is 2.36:1.

The average Pd:Pt ratio for Volchetundra is 2.93:1.

Monchetundra

To date, 16,121m of drilling have been completed on the licence

Volchetundra

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

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

MT and monchegorsk geology -

https://www.researchgate.net/publication/252268728_The_Monchetundra_Basic_Massif_of_the_Kola_region_New_geological_and_isotope_geochronological_data

This amount of exploration funding years ago -

https://www.proactiveinvestors.co.uk/companies/news/226/eurasia-mining-revisited-0188.html

"To summarise, as per the information from the Russian Cadastre:

· there are potential resources within the existing Company licence and the flanks application of c.15M oz. This includes Eurasia's current state approved reserves and resources of c.1.9million ounces (see the Company's Resource Statement, announced 15 June 2017) and c.13Moz detailed in the Russian Cadastre;

· additional potential resources occurring within 5km of the Monchetundra Mining license and areas neighbouring the Company's deposits of c.4M oz; and

· additional potential resources within the wider Monchegorsk district in which the Monchetundra license is located of c.21M oz.

The potential for the area could be 40M oz of PGMs, but as stated above this data has not been independently verified by Eurasia and other than the area covered by the Company's existing licence the Company does not yet have any other licences in the area"

GLA

This lot, they're very good at what they do -

Board of Directors and Senior Management

CHRISTIAN SCHAFFALITZKY
Executive Chairman and Managing Director
EurGeol, FIMMM, Pgeo, CEng. 40 years experience in mineral exploration. Founder of CSA international. Numerous discovery credits including Lisheen zinc deposit in Ireland. Also chairman at Kibo Mining Plc.

DMITRY SUSCHOV
Non-Executive Director
Commodities trading veteran (primarily various grades of metallurgical and thermal coals) who has successfully built a major Pulverized Coal Injection (PCI) franchise throughout Asia, Europe and America with an annual turnover of up to $100 million, therby accumulating around 2.5% of the global PCI market share. He is also an investment banker with extensive experience in the Russian resources industry having previously worked with IG Capital, MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS.

GARY FITZGERALD
Non-Executive Director
30 years experience in investment management, prior director of Framlington Investment Management.

JAMES NIEUWENHUYS
Non-executive director
James has held senior positions including Chief Operating Officer at Polyus Gold, Russias largest gold miner, and is currently Chief Executive Officer at South African Lesego Platinum Mining Limited. James has an engineering background and has also held senior positions at a number of EPC organisations.

ALEXEI CHURAKOV
Strategic advisor to the board
Mr. Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has a background in cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A as well as maintaining a hands on approach at operational level.

ALEXANDER SUSHCHEV
Strategic advisor to the board
Alexander is a metallurgist by background and a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer) as well as a former manager at Norilsk Nickel.

GLA