Member Info for Makeabundle

Right you are, James. Pompal and assorted crackpots (sickopaths and keyboards go hand in hand in chat rooms nowadays whereas it used to be pen and paper refused nothing) are lucky we just use green bin liners here to eliminate them - as I am doing right now.

Dattabase, I take it you have some respect for Navalny and his courage. Maybe you do not admire him for some reason. It would have been better to say nothing at all in that case. Money is not everything after all.

Offler, we do not have to read the wilful shameless vilification of a brave man who exposed the utter rottenness of Putin’s regime that has introduced poison of every imaginable sort into people’s daily lives, from polonium in teacups to military-grade nerve agents on door handles to vicious lying propaganda. You know what to. I have just done it.

What a brain-washed, malicious oaf is our Mr. Leningradskyj. You are a pathetic excuse for a normal human being, Sir.

From the 2013 trial of this fearless exposer of Putin’s corruption:

The Russian opposition leader Alexei Navalny has been sentenced to five years in prison at the end of a trial that was seen as politically motivated.

Navalny was taken from the courtroom in handcuffs after the judge, Sergei Blinov, ended a three-hour verdict reading by finding him guilty of embezzlement. He hugged his wife, Yulia, and was led away by police.

On Thursday night, thousands of Russians flooded the main arteries leading to the Kremlin, demanding his freedom and calling for the ousting of the president, Vladimir Putin. Dozens were detained.

An anti-corruption activist who became the most popular figure to emerge from protests that erupted around Putin's return to the Kremlin last year, Navalny was accused of embezzlement, and a handful of other charges, after Putin unleashed a crackdown on the opposition in the wake of his inauguration.

"When I heard the verdict, it felt like it was happening to one of my relatives," said Yevgeny Zakharov, a 31-year-old lawyer for a state-run oil company. "My hands were shaking."

CS has blended over many years into the Russian background, their secretive culture and way of doing business to perfection. Why else do the authorities seem to lean in his direction all the time? Being an Irishman from a “friendly” country helps, I would imagine. You will thank him for all that in due course, I firmly believe.

B1ll is waking up real slow. The now defunct Mr YF lulled him into this comatose state, I think. Come on, B1ll, show a bit of entrepreneurial, not to say piratical, zeal. You are going to miss the boat - ahem - the good ship Eurasia.

LG’s argument is probably along the lines that considering recent developments with PRD and EOG the LU is in the bag at some later stage and that therefore LOGP stand more in need of him than vice-versa. Boldy needs to send him packing by proving he can get funding from another and more desirable source. Some one suggested a while ago that LOGP have a case for compensation of one kind or another, whether the LU is reinstated or not. Anyone else agree with that?

Quite so, Stonk, Icarus should consider that Putin’s demand that Ukraine should give guarantees that it would never join NATO in order to avoid invasion and war was simply unacceptable and indistinguishable from Hitler’s diplomacy. There was 65-75% popular support in the Baltic States to join NATO in 2002-4. Icarus probably thinks these people

were just paranoid without any good reason. Putin and the brutal Second Chechen War gave them every reason to want to join for their own security. Poland had already taken that step in 1999, hardly surprising if you know its history.

Another cave-in a la Nick Furlong? Surely not with very supportive shareholders?

I cannot see that happening here because we have a route that was not open to BEY. Surely all shareholders must support the ECT route and do everything necessary to see it happens through a placing. 6m from LG is, or ought to be, unthinkable. Time for Boldy to tell us now about funding - not on 19th March.

‘Carlson is a dangerous person, but I saw him off with a superb performance‘. Mizman, that is what Putin wants you and the world to believe. Has he succeeded?

Why didn’t Carlson present authenticated pictures of corpses in Bucha for comment? - that would have needed a sharp convincing response from Putin rather than banal half-hour replies to questions he found not demanding enough! Putin is mocking Carlson for being too afraid to ask real genuine questions!

This is perhaps the PUSU moment. This may be EUA undertaking agreed work at their own expense for the highest bidder so far, with a fixed time limit. No further bids - all yours, highest bidder!

This may be the situation I pointed to as a possibility before Christmas.

I feel the authorities have a good excuse not to impose a haircut on EUA as Montmuzard points out. I think they will be satisfied with a 15% exit tax. We can live with that. Don’t blame MM for taking the worst case!

Excellent post, Montmuzard. I was thinking the same that the Russian State will want to encourage, not deter investment and showcase EUA as an example of what smaller companies can achieve in Russia. The authorities have been supportive so far

Like Spud, I’d settle for $50-55m and let LG have the remaining billions. Any chance he’ll try a hostile takeover!? - Maybe a stealth raid with inside support is more his style. You do take such thoughts the more seriously, the longer we go without news. I’m sure I’m not suggesting any course of action that Larry has not already considered! I do think it likely he opposed the RTO

early last year. Probably he is still opposing it, as leverage in negotiations with LOGP and their lack of cash. I think more onerous terms from a funder, considering how strong our case is, would be preferable to any likely terms proposed by LG but maybe I do the man an injustice.

Well said LLR. Agree with everything you say except that the SMO was in reality, witness Bucha +++, a straightforward murderous onslaught on the Ukrainian people.

Anybody tried to get odds from William Hill etc on who will be mining West Kytlim this year?

You ask them and they get an expert on the job right away apparently!

EUA? NN? Other Russian company or group? Hongkong-based party or group?

Just a bit of light relief to soften the all-pervading gloom of our down-trodden, downcast and down-beat fellow investors. 😃 😊 from ☹️ 😔 would be 👍

Magnum, I cannot disagree with that. I have little doubt that at some stage an offer was made which the majority would have accepted then and which an overwhelming majority would accept now. I also remember the BoD saying that they expected a very quick and peaceful settlement to the Ukraine crisis in the weeks leading up to the invasion. It is just possible they might have sold in time if they had heeded repeated US intelligence warnings but then even the Ukrainians themselves did not believe an invasion would happen. We just don’t know what the offer was. Maybe it would be a source of embarrassment to the BoD today, if revealed.

Magnum, maybe buyers are wary of making any such leaks since EUA reserve the right to exclude any such from the sale. Any one serious about buying these assets would have to bear that in mind. I definitely remember reading this in an RNS a long time ago.

Dattabase, did you have a look at the “Do your own Valuation” by GMF78 in early 2020?

Nickel, Copper, Iridium and Gold are now above the assumed prices. Palladium and Rhodium are much lower, admittedly. It does not include WK, nor a lot of what we have now. It ranges from 46P-236P under various assumptions. Even in the present climate, the BoD will not accept, nor will they be forced to accept, 46P. So your dream of 50P is a very modest one indeed! It would be utter humiliation for the BoD to swallow that 46P pill, especially after two years of wasted effort. It is absolutely true: if it was going to go for that price it would be long gone by now.