Member Info for mac4671

And if the figures are to be believed, they are getting 40-50Moz (rights to the other areas). Courtesy of the JV with anglos drilling campaign, those figures are highly likely to be proven.

It's win win for everyone!. Eurasia get a massive pay day, the asset stays in russian hands and norilsk get to make a super mine in close proximity to their facilities in monchegorsk.

GLA

You may think that figure is too high, but what you fail to see is that it's small fry for what norilsk will get a hold of. They purchase the 15Moz, but then will get the rights to the other figures that were mentioned in interviews. To them it's peanuts for what they're getting a hold of, and fits perfectly into their rapid expansion plans that they have 12bn earmarked for!

GLA

I would think a multiple of the pinned tweets worth. That is of course just my opinion based on 15Moz proven.

Open pit makes it so attractive to any buyer of MT, such easy work for them.

GLA

We will find out in due course with the large buys that have been happening since the bank RNS. Someone with deep pockets has been accumulating imho

GLA

Garyn and his circus friends hahaha. He's as about as much use as a chocolate fire guard lol

GLA

They have very deep pockets for expansion, that's all i'm saying -

https://www.ft.com/content/c5a68936-fc83-11e8-ac00-57a2a826423e

GLA

I would have to see exactly what is what at the point of sale. If they are still operating as a mining company, then indeed i would probably be looking to reinvest some of the special divi, after all, they got us all to this stage and would of proved themselves to be pretty high up in the league.

GLA

From RNS 24th, nice bit in brackets :
(mostly palladium) - The average Pd:Pt ratio for Monchetundra is 2.36:1.
The average Pd:Pt ratio for Volchetundra is 2.93:1.

Already proved.

GLA

Share price = Mac4671 retired lol

GLA

Different league, he has always known it, he just kept it close to his chest until oct 24th 2019 -

"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

All the people who were thinking that certain posters were ramping, have all been very wrong, the sale potential for MT is HUGE. Do the figures with 15Moz proved instead of the 2Moz, and that's where we are at with those flanks. Because eurasia have already drilled it, it's just a paperwork formality to get them back in their license folder!

GLA

It was a no brainer for them oversight, absolute no brainer, especially with all the drilling and proving up that had taken place!.

I don't think you will ever see anything like this on AIM again, it's massive!

GLA

Horayyyyyyyy for anglo, such lovely gents -

Monchetundra



To date, 16,121m of drilling have been completed on the licence, with most of the intersections from the last phases of drilling having been previously announced in early 2009 as a table of results, without accompanying geological comment. Subsequent work during 2009 focused on an interpreted ore structure in the Loipishnyun sub-area, stemming from recent drilling, but also included several previously unreported intersections.

GLA

More cheering for anglo -

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

GLA

3 cheers to Anglo Platinum, hip hip horayyyyyyy, hip hip horayyyyy, hip hip horayyyyy lol

What lovely gentlemen, don't you think?

GLA

What you need to do is go way back, and understand where the 15Moz that has been recently quoted comes from. Then you will understand that it is already drilled and proved -

"Eurasia Managing Director Christian Schaffalitzky said: 'We are of course
delighted by these latest results which confirm an continuation of the
mineralised zone identified in our initial Monchetundra discovery. We are now
drilling to seek further extensions.'"

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/rm2p6vw

Now figure out its worth!

GLA

It certainly has a lot of very beneficial uses with the new technology being adopted in the prevailing clean energy revolution Plface!

GLA

Role on next week, hopefully more news, and definitely clear the warrants!

GLA

"Chemists have overcome a challenge to fuel cell reactions using palladium catalysts. The scientists produced palladium nanoparticles with about 40 percent greater active surface area than commercially available palladium particles, and the nanoparticles remain intact four times longer."

https://www.sciencedaily.com/releases/2009/03/090319102321.htm

GLA

"Platinum and ruthenium play a large role in this technology. Platinum is the catalyst which converts hydrogen and oxygen to heat, water and electricity. Palladium will likely also play a role in the fuel cell, but it is unknown yet how big."

https://ipa-news.com/index/pgm-applications/automotive/fuel-cells.html

GLA