Member Info for mac4671

Ship product Q4 this year to help fund the rehabilitation of the mine - sounds good to me!

GLA

. . . . "The Directors' look forward to continued successful production at West Kytlim and believe the Company can grow its West Kytlim operation to become the largest alluvial platinum mine globally. The Directors' believe West Kytlim mine cash flows, from a single operating and contracted washplant, notwithstanding considerable final settlements of loans through 2018 (which made the Company debt free) are now sufficient to make significant contributions to the running of the Company at Group level."

GLA

Small top up for me set to go through first thing.

Here's to a good season ahead at WK!!

GLA

. . . set to go through first thing top up. Will wait until the dust settles to add any more!.

Should all work out fine with their current work ethic on site, they're not hanging around and are very committed to getting the mine built. Short term pain for long term gain!!.

GLA

Getting interesting now, great RNS!

GLA

Some nice buying going on this morning barksy, hopefully the start of a longer term recovery.

GLA

It's like a mirage, you have to look mutiple times to check what you're witnessing lol.

Long way to go before i'm even though!

GLA

Is it the same kytlym mentioned in these links?

https://www.researchgate.net/publication/226392080_New_data_on_the_composition_and_age_of_basement_rocks_of_the_Tagil_paleo-island_arc_system

https://www.researchgate.net/publication/226666110_Palladium_and_gold_minerals_from_the_Baronskoe-Kluevsky_ore_deposit_Volkovsky_complex_Central_Urals_Russia

GLA

Certainly kalan, i see where there may be a little confusion - this tweet tells you it contains both platinum and palladium :
https://twitter.com/eurasiamining/status/1095714440123768835

and this tweet explains the potential for increased efficiency. My assumption is that they're looking to increase palladium recovery efficiency at WK as it has appeared named in various tweets of late, where before it was always mainly ever talked about as a platinum asset : https://twitter.com/eurasiamining/status/1093069082415546368

Hope that clears things up for you. And yes we are indeed at production at WK, just waiting for this years season to start!.

GLA

...this week, set to go through first thing. I like the suggestion via their recent tweet that they're going for palladium also at WK this season. Good move with the current strength of palladium!

2019 is all set to be very transformational imho

Good to see, long may it last!

GLA

Adjacent areas and flanks at monty, now that's what i'm talking about!

GLA

Certainly looking good on that front so far!

GLA

Revenue split in favour of hastings could work. They bare all costs and get the larger revenue split, or at least a lot more favourable one than a 70/30. It could be what they're hinting at doing with the bit dallasdaz posted - If Mojito Resources did not participate in
any development of the joint venture deposits and the development of those deposits was to
proceed on a 100% basis by Hastings, then the economic model would need to be updated to
allocate those costs and revenues to Hastings.

I have shares in a different mining company where the contractor took all the risk and cost to take the asset to production and they get the favourable side of a 65/35 split so deals do get done.
GLA

Certainly good news. Enthusiastic and raring to go - "Uralmetmash intend to move on site immediately to prepare for mining"

GLA

Sinosteel are chinese, they would have representatives there working with our project coordinator.

That is of course just my opinion.

GLA

Just so there is no doubt - Alexei Boucher
@AlexeiBoucher
Project Coordinator at #EUA. With #WK in production, the mining licence at #Monchetundra, we are at an exciting stage. This twitter is to share excitement.

GLA

You really are a very amusing little snowflake aint ya!

Work starting at the company making asset is hardly meaningless.

Like i say make what you want of it, your opinion to me is simply irrelevant!

GLA

Make of it what you want TDT. People are free to follow the link and make what they want of it.

Context or meaning - boots on the ground, nothing more nothing less.

GLA

In reply from eurasia to another member on advfn - Keith and CS in Monchegorsk this week having meetings re MT!.

Some things are not RNS worthy, but it seems they are as excited as we are and so are showing us things that usually happen silently in the background. That is of course imho.

GLA