Member Info for mac4671

The market has never seemed to pay the correct attention to eurasia.
What it did though, was to give average people a chance to buy into something worth a fortune at a very low cost.
The years this stayed under a penny, it allowed anyone to buy a decent amount of shares progressively at very low cost, the dip into the 0.2s was an absolute god send.

GLA

Where the dotted areas pass over the flanks area, must be the extra bits they were on about applying for.

Handy little graphic - https://www.eurasiamining.co.uk/images/keith/MT2019/flanks_application_graphic.jpg

GLA

Thanks for confirming that brotherjoey.
Tbh i couldn't believe my eyes when i read the RNS, i had to go over it a few times to make sure i was reading what i thought i was reading. I then remembered and thought about the JV with anglo days and went through all the stuff i went through before making my initial buy in some years ago.
It's what has made me even more confident about that figure and also the ones slipped out in fairly recent interviews.

I honestly don't think you'll see anything like this on AIM again. I feel a little sorry for anglo, as realistically we have so much to thank them for!

GLA

I would take 15Moz as the figure they are using with the banks. It would not have been dropped in the bank RNS otherwise -
Christian Schaffalitzky, the Chairman of Eurasia commented: "The board is pleased that major banks such as CITIC and VTB Capital, the largest investment banks in China and Russia respectively, are interested in Eurasia's PGM deposits including the ones in Kola which are much improved in size following the addition of the new 'Flanks' areas (see announcement dated 26 September 2019). Our total resource with the account of areas within the flanks contours is about 15 Moz of PGM (mostly palladium) that we believe puts us in a completely different league of major palladium companies already in production stage."

GLA

Can only appologise for spelling etc. At work now, so posting via my phone on lunch.

Nothing and i mean nothing, changes what's in the ground, and guess what, yes that's right, that's what's for sale here!!

GLA

All the negatives were here when this was down at 0.2, it changed nothing because the positives far putweigh the negatives. The same negative spouters of then are negative spouting now, so listenong to them back then simply would mean that people missed out on massive bags. The same applies now, they're clutching at straws, it's already multibagged, and come sale time it will do so again.

GLA

No problem, you can tell what they have been doing there, simply by the length of time the exploration and drilling has went on for.
When this goes through for whatever value it does, we are all very lucky to have had anglo there previously to fund all of it. Because without all that exploration and drilling it would have been a completely different ball game!.

That JV has proved priceless imho

GLA

Their Jv years of drilling and exploration was to prove this up. It was first studied back in the 1930s by a A.E.Fersman -

https://www.researchgate.net/publication/273568964_Geological_and_petrological_aspects_of_Ni-Cu-PGE_mineralization_in_the_early_Paleoproterozoic_Monchegorsk_layered_mafic-ultramafic_complex_Kola_Peninsula

GLA

Yes, it does!. Massive.

GLA

First results from the kola peninsula, just shows you how many years they've spent exploring and drilling there. No wonder they are so confident!!!

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xpm4m9x

GLA

Look at some of the palladium grades here for the WOW factor -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/w12604x

GLA

And when it ended -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/w6ey0qr

Nearly 15 years of anglo funded exploration and drilling!!!!

GLA

No problem easy. If anyone was indeed wondering how long ago that JV started with anglo, here it is -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/rny060x

GLA

Well, from what i can see, they have done years of drilling on various assets.
I think it's a sale if MT, expand west kytlym, and then look to get other licenses back. After all, there is palladium and gold there. Sale or production, rinse and repeat -

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xpm4y3x

GLA

Multiples of this with 15moz - https://twitter.com/eurasiamining/status/1190305370578849793

GLA

Multi billion big - https://twitter.com/AlexeiBoucher/status/1121058310898245633

GLA

Click on reply to the hedge fund interest post, his post shows there, but when you click on his name to go to his profile it's all blank. Pretty weird tbh!

GLA

Great work oversight, and all the more reason for a LARGE offer from norilsk!.

The more you look, the more you see just how much of a perfect storm this really is!!

GLA

We're at advanced stages i would say, almost complete. Norilsk will of been watching every development extremely closely, and moved to ensure they get the MT asset. The ex manager is there to dot the i's and cross the t's with all the legal paperwork!
AIMHO

GLA

No. the new office is near their west kytlym asset, which leads me to believe that it's just MT that is going to be sold. Wk will be expanded, and then other assets that they have had their eye on will be applied for and either taken to production or sold. That is just how i personally see it playing out at this stage, they have the right team to do it.

GLA