Member Info for marik

I am so out of it today. I can't tell you the answer to that one. Perhaps there was a strong wind?

We are getting a little ahead of ourselves and are giving the guys from JT Morlan a bad name. The ones on this BB are your average Andy's. Most of them are not even invested and are not very bright. I had the fortune of bumping into some on another board and everytime they'd write, the price went up.

@Oligarch_No1 now I get it. No I would say that intraday RNS today would be a major inflection and will send this hurtling towards 90p. Although I'd prefer my prediction of £7.50

I think we've got it covered - but a few more would be good.

"One thing in common..."

They are all coming for us.

What are you on about?

Hi Ian,

Could you write me down for another go today as an intraday/out of hours RNS as I have a strong feeling that we could have major news soon (possibly even intraday). Probably will send the price hurtling north and I'll miss out on the opportunity to buy more, but I'll top up shortly.

Thank you

Reading the opening and last paragraph of this article sounds interesting (makes a good read):

Toyota is one of the last major manufacturers to launch an electric vehicle, holding back its introductory ‘bZ’ EV debut until 2022. The reasoning behind that stance is explained in the last paragraph. In the meantime however, Japan’s No 1 carmaker has been heavily pushing hydrogen as a viable future carbon neutral fuel through its production of the Mirai fuel cell car and its planned heavy-duty truck fuel cell module assembly in Kentucky, with at least two more hydrogen-powered models—a Prius and a Corolla—destined to land in showrooms by the end of 2022...

...To explain the firm’s slow adoption of electric cars, a Toyota spokesman in 2019 mentioned that Toyota is able to produce enough batteries for 28,000 electric cars each year, or 1.5 million hybrid cars. One other important factor is emissions. Toyota says that selling 1.5 million hybrid cars reduces carbon emissions by a third more than selling 28,000 electric cars. So, put simply, its carbon footprint is smaller if it sells many more gasoline-electric hybrid and hydrogen powered vehicles.

https://www.forbes.com/sites/peterlyon/2021/08/29/toyota-to-launch-hydrogen-powered-prius-and-corolla-in-2023/?sh=39bb69d92fa1

Tigra, I completely agree. It's a no brainer. The upside is big, I know many of you are more conservative than me and put a final valuation of the company at around £3, but my understanding is that it will be substantially more (> double). Let's see we shall soon find out in due course. I'm surprised the current sp is so low. We are talking a 15x from some peoples perspective. I would have gone into range about 40p right now, but I guess not all MMs are the same.

It's trading well below it's intrinsic value, there is a large upside from these prices. It should be around 90p at the moment, but obviously the smart MM would have done their research. Oh hang on...

Interesting docu-images attached:

https://twitter.com/iMuesliBrown/status/1451514851415760897/photo/1
https://twitter.com/iMuesliBrown/status/1451514851415760897/photo/2

Have I understood this properly that Jogmec could provide more than 50% of the equity for a Japanese company to acquire Eurasia Mining? Would that provide a huge upside and motivation for a company to buy substantially all the assets?

The financial support provided by Jogmec and the conditions in May were as follows:

System Overview
Exploration loans
Loan ratio: Base metal: max 70%; rare metal / uranium: max 80%

Equity Investments
Investment ratio: max 50%

Liability guarantees
Guarantee ratio: max 90%,
Guarantee fee rate: 0.4-1.55% (guarantor: 0.1%)

Equity investments for developments and production
Investment ratio: max 50%

That was back in May, with the intention of increasing the investment ratio. It just shows that Japan as a whole is strongly heading towards carbon neutrality and acquiring resources is one of their big targets.

Of course @Long. Jogmec raised the investment ratio of the organization in investments (e.g., exploration investments, international metal mining). Nice to note that "international mining" is on their minds.

Of course from the last RNS, EUA state other events that happened in May:

"In May we received a proposal for the potential acquisition of substantially all of the Company's assets and the Board decided to focus on this potential asset sale. Since then, we have seen additional interest from other parties. We have attracted top talent and top tier partners and advisers to prioritise and execute our strategy.

Tamerlan Abdikeev based in Tokyo joined the Board and Eurasia's representative office in Japan was established."

It's interesting to read these documents with the context that the Eurasia Mining Japan Office was formed around the same time the documents for the Policy and Action Plan for a carbon neutral society. It just goes to show the drive by Japan towards carbon neutrality.

https://www.jogmec.go.jp/english/news/release/news_15_000001_00019.html
https://www.jogmec.go.jp/content/300372218.pdf
https://www.jogmec.go.jp/content/300372219.pdf

I'm on 580.36 points and need 1,314.45 to get the top spot for the LSE board. More than double the effort required (note to self: better quality (not quantity) and be more helpful).

I'll make some strong contributions soon, hopefully it will help me get on the leadership board (;0)

"Good Law Project can now reveal that..."

You can trust the GLP to get the job done, they are a small but effective team.

@Agent, don't worry, it's just something for the public good. I'll tell you all about it another time.

Don't worry guys, I'll take it from here.