Member Info for mac4671

Been filtered for a long time. They post on all positive posts, even ones which directly show people the prep work taking place at west kytlym, using satellite imagery!

It's what their present on ground priority is, ensuring things are prepped and ready in order to have the beat processing season there!

GLA

I did say that they would be busy getting ready for the upcoming processing season, a picture paints a thousand words! -

https://twitter.com/R1EXG/status/1509803918498451457?t=X_580jtaa3c_ggqb8REOzg&s=19

GLA

No, not early, it's a use it or lose scenario for some who have not used their full allowance yet. A lovely fresh allowance arrives next week, always best to have these things done prior to any possible peace resolution, after hours or Monday morning possible RNS etc aimho.

GLA

Would you look at the time, it's ISA filling o'clock!

More peace talks today, hopefully they achieve the right outcome for the people of Ukraine.

GLA

The current script is quite clear, ignore relevant threads like this one and argue on an irrelevant thread.

Their aim is to wear you down, ensure you mainly see negative things when you pop in to the chat board. It psychologically puts you off from being here and contributing, while also making you question your reasons for investing.
Don't fall for it, some appear to hire people to specifically do that kind of thing on the chat boards!

Remember the reasons you invested here, the fundamentals have not changed.

GLA

To supplement the needed Copper investment part of my thread:

Monchegorsk battery metals -

Metals:

----------------Reserves*, Contained Metal, tonnes -------------Resources**, Contained Metal, tonnes

Copper------------------292,714---------------------------------------------- 1,807,049

Nickel***-------------- 388,485----------------------------------------------- 1,858,875

Cobalt-------------------13,947------------------------------------------------114,925

^^^^^^^^^^^^ That's a lot of COPPER and would knock a good dint in to this - "supply deficit of 4.7 million tonnes by 2030"

GLA

Self motivation is up to ones self WandGrabitt.

Either people believe in the demand scenario and the companies position, or, they don't.

If Kinross can sell Russian assets, anyone can. That part is very obvious from that news!

GLA

It is good news, it shows that M&A will continue, there will always be a buyer in any situation.

Does anyone know where there's some Copper, oh, that's right, Monchegorsk -

More than $100 billion needed to close #copper supply gap, say experts

The global copper industry needs to spend more than $100 billion to build mines able to close what could be an annual supply deficit of 4.7 million tonnes by 2030, Erik Heimlich, head of base metals supply at CRU said this week.

https://www.mining.com/miners-need-to-invest-over-100bn-to-meet-copper-demand/

It's time to get some hands in pockets, dig deep, we like BIG special dividends, thank you!

GLA

Incoming Chairman Vladislav Sbiblov is the sole beneficiary of Fortiana Holdings Limited, the largest shareholder in Highland Gold since it completed the acquisition of a 40% stake last month. Mr Sviblov is the CEO of Ozernaya Mining Company, a developer of several mining assets including the Ozernoye polymetallic deposit, and also the Chairman and majority shareholder of Ecopolis Corporation, the Russian market leader in recycling and utilization of electronic equipment. He has been investing in mining projects in Russia, Kazakhstan and South America since 2017, following a successful 16-year career at two of Russia's largest property developers - Rosbuilding and PIK Group. Vladislav is a 2002 graduate of the Moscow State University of Economics, Statistics and Informatics with a degree in finance and credit, and earned a PhD in economics in 2006.

https://markets.ft.com/data/announce/detail?dockey=1323-14727865-51E7BF1CP0D36PPPOE18GCDN3S

GLA

The Wall Street Journal
@WSJ
·
17h
Canadian miner Kinross Gold is in exclusive talks to sell its giant Arctic Russian mine to Fortiana Holdings, a deal that—if consummated—could mark the first sale of an asset a Western company is leaving behind in Russia

https://twitter.com/WSJ/status/1509269268768165902?s=20&t=R-L1-rycPHLCo9K5PZz23A

GLA

And yes, i know that you're wondering -

"The BRICS have a combined area of 39,746,220 km2 (15,346,101.0 sq mi) and an estimated total population of about 3.21 billion, or about 26.7% of the world land surface and 41.5% of the world population."

https://en.wikipedia.org/wiki/BRICS#:~:text=The%20BRICS%20have%20a%20combined,41.5%25%20of%20the%20world%20population.

Percentages there will vary slightly to any updated figure you would find as of today.

GLA

"41.5% of the world population."

In all situations, pay the closest attention to the numbers -

"The current population of China is 1,448,993,442 as of Thursday, March 31, 2022, based on Worldometer elaboration of the latest United Nations data."

"China population is equivalent to 18.47% of the total world population."

https://www.worldometers.info/world-population/china-population/

Numbers can never lie like words can!

China has almost a 5th of the World's entire population, throw in India (another BRICS member) and that population percentage increases by almost the same again!

Numbers never lie!

GLA

You need to understand something, China has/had hundreds of EV companies -

Just a few years back, China had 450 electric car companies. Today, after some much-needed optimization, there are three start-ups currently at the fore. Li, Nio and XPeng are ahead in terms of sales and are all listed on the New York Stock Exchange. The similarities between these companies end here, however.

https://emag.directindustry.com/who-are-the-three-main-chinese-electric-car-companies/#:~:text=Just%20a%20few%20years%20back,these%20companies%20end%20here%2C%20however.

The battery metal demand from that one country alone is through the roof and is only set to grow. Then you look at the type of thing i've shown people here a number of times now, it's the Chinese who are also making the batteries for other car companies, the Japanese car companies being the most notable.

For all of that production they require a crazy amount of relevant commodities, roll in areas like Monchegorsk!

Resources know no human made boundaries, they have simply formed where they have formed.

GLA

Not really WARBIRD, no commodity or manufacturing route has changed for decades now. It has been Chinese products made with Russian commodities for a very long time, just most are not astute enough to pay attention to the finer details and so miss such things!

GLA

It's all there and quite clear i feel, most recent statements make it even more the case -

BREAKING NEWS:

CHINA HAS SAID IT WANTS TO PUSH BILATERAL RELATIONS WITH RUSSIA “TO A HIGHER LEVEL”
6:17 PM · Mar 30, 2022·Twitter Web App

https://twitter.com/GoldTelegraph_/status/1509218387918008320?s=20&t=FP9b3KidLBpiUbbez2bdJA

"China, Russia 'More Determined' to Boost Ties, Beijing Says"

https://www.usnews.com/news/world/articles/2022-03-30/moscow-beijing-agreed-to-widen-cooperation-ifax-cites-russian-foreign-ministry

It's never about the individual pieces of a jigsaw, it's about putting all of the pieces together to see the FULL picture!

GLA

China will maintain battery manufacturing dominance throughout the entire green energy revolution imho -

http://www.envision-group.com/envision-aesc

http://www.envision-group.com/envision-energy

Chinese green energy group already working in Russia.

LONG LIVE THE GREEN INDUSTRIAL REVOLUTION!!!

GLA

An example of a Chinese manufacturing arm, strangely enough they make batteries, they are the ones who are going to supply the Nissan plant in Sunderland. Scroll down to the map to see the highlighted geographical battery production areas -

http://www.envision-group.com/envision-aesc

That's just one example, most know how China has hundreds of companies who all require the battery metals that are contained at Monchegorsk.

The reason i chose the above example is because they're already a green company involved in Russia. See the relevant map here -

http://www.envision-group.com/envision-energy

"In 2014 AESC was the second largest electric vehicle battery manufacturer worldwide (after Panasonic), with 21% of the market"

"In Aug 2018, Nissan announced sale of its electric car battery unit to Chinese renewable group Envision Group, while retaining a 25% stake. The sale included AESC as well as battery manufacturing plants in USA (Tennessee) and England (Sunderland). NEC's 49% stake was also to be sold to Envision."

https://en.wikipedia.org/wiki/Automotive_Energy_Supply_Corporation

GLA

Sinosteel & Citic Merchant are both Chinese -

No connection to any sanctioned body or person, no sanctions can hit Eurasia as there is no connection to any Russian financial entity that has been sanctioned and there is no connection to any individual named -

"PGM and gold production and PGM and battery metals development
Monchetundra PGM and Battery Metals Open Pit deposits with EPCF contract signed with Sinosteel are being advanced to production with Flanks areas to be integrated into the production plan. The Flanks and the projects under the JV with ROSGEO significantly increase resource base and create a first mover advantage in a new district for global PGM and battery metals mining on Kola. West Kytlim is an ESG focussed operating PGM and Gold mine in the Urals."

"CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation, is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing."

"In summary, the Company now has success fee based engagement letters signed with UBS and CITIC Merchant, and Eurasia's relationship with VTB Capital continues to be as previously announced on 25 November 2019."

https://www.investegate.co.uk/eurasia-mining-plc/rns/restoration-of-trading-on-aim/202007090700064583S/

GLA

China is supplying Japanese car manufacturers -

"In 2014 AESC was the second largest electric vehicle battery manufacturer worldwide (after Panasonic), with 21% of the market"

"In Aug 2018, Nissan announced sale of its electric car battery unit to Chinese renewable group Envision Group, while retaining a 25% stake. The sale included AESC as well as battery manufacturing plants in USA (Tennessee) and England (Sunderland). NEC's 49% stake was also to be sold to Envision."

https://en.wikipedia.org/wiki/Automotive_Energy_Supply_Corporation

http://www.envision-group.com/envision-aesc

As those Japanese car manufacturers scale up their EV production, the Chinese have to scale up their battery production to meet the requirements. Simple logic tells us that the Chinese need to secure a lot of resources to fulfil the obligations of the scaled up battery production.

It might say 'made in China' on the tin, but, Russian metal resources will end up in a lot of their battery product range.

Everyone is crying out for Nickel at the moment, Russian Nickel is no different to any other Nickel in the World, it sells for the same price and it goes into the same products!

GLA

“Dollar for dollar, the US will never be able to match the deep pockets of Chinese investment banks.”

https://www.moneyweb.co.za/news/international/how-china-beat-out-the-us-to-dominate-south-america/

CITIC MERCHANT - Chinese state owned, always remember that as an engagement letter was signed with them!

"In summary, the Company now has success fee based engagement letters signed with UBS and CITIC Merchant, and Eurasia's relationship with VTB Capital continues to be as previously announced on 25 November 2019."

https://www.investegate.co.uk/eurasia-mining-plc/rns/restoration-of-trading-on-aim/202007090700064583S/

People always had to try and outbid the Chinese, i don't think they managed imho.

Rumour is, that in these type of situations China bid way over the top to secure what they need, they make their profit on the manufacturing side of products in house in China. They've been securing assets for years in that manner, out bidding all others fair and square.

My money is on them being the highest bidder here, Sinosteel will construct and a mutually beneficial relationship will be made with NN. This is just my opinion however, we'll see exactly what's happened when the deal details finally arrive for us to look at.

GLA