GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
A recent article referencing Komarov who could be part of the more recent interest EUA mentioned.
https://www.bnnbloomberg.ca/russian-tycoon-komarov-eyes-precious-metals-after-pipes-sale-1.1587568
I've tried to get Mac to provide some facts to back up his claim that Norilsk bought into the Fedorova area but he's refusing to do so meaning he repeats this misleading post over and over again.
https://cijeurope.com/pl/rostec-to-begin-mining-fedorova-tundra-deposit-of-palladium-and-platinum/post.html
And here we have the reason why almost no actual debate happens here.
Closing your mind off to anyone who questions the dreams of what you hope this will bring you won't make it sell for more.
It will sell for what the actual reality is of what EUA have and not on what you hope it has based on listening to nothing but over the top hype from people who don't understand what they are invested in.
Add in Volchetundra and Western Imadra and you get 9 areas.
20,000m of prio drilling has been done by EUA in the JV areas.
Fact; The only places EUA have drilled (other than MT and WK which clearly aren't part of the JV) are Volchetundra and Western Imadra.
Hi Greatcap97,
Thanks for trying and sorry you are receiving abuse for it from Mac.
If he provided some link to back up his claim then I would accept his comment, he hasn't.
What I have done is link to the company that bought 13moz of the 21moz that are most of the 40moz said to be in the region around MT.
That link clearly states the owners of the company as Rostec (which Mac accepts are part of it) and Oleg Seleznov. They are the 2 entities that hold Fedorovo Resources, there is no mention of Kola MMC.
Makes you wonder who the actual fraud is.
So come on Mac the Fact, provide the facts to back up your claim.
The Federova Tundra was not taken over by a Norlisk consortium.
https://fedorovoresources.com/en/
Once again the man supposedly only posting facts isn't.
He has me green boxed which is a shame as if he was prepared to have a proper discussion about this the actual facts could be seen.
Anyone who isn't green boxed by him want to alert him to the fact he's posting misleading information or will you just constantly turn a blind eye to it as it helps your cause.
Anyone saying the answer is 5 is deramping and a criminal in Mac's eyes.
Hoochy's answer is you take the first possible answer (6) and multiply it by the second answer (5) and add the second answer ((5) which gives you 35 :)
RNS 26 August 2020.
The directors are delighted to see tangible progress on our JV with Rosgeo that is an integral part of our development strategy and a part of our strategic options that we are developing with our advisors: UBS and DLA Piper.
So strategy not just a sale of assets strategy and "advancing several transactions concurrently" could relate to the 6 JV areas that have been block modelled which suggests they will be purchased.
Hi Bill, I would add all of Mac's comments on possible dividend from WK production this year (dream on) Volchetundra being in addition to the JV areas (included in the JV areas) 40moz around MT being DFS'd (whilst today admitting Federova area has been sold meaning half the 40moz has gone). Sure there was more but the ramping from him was coming so thick and fast it was hard to keep up.
NN were not part of a consortium that took over Federova Tundra last year. It was a local business man and Rostec which is a Russian state owned conglomerate. The Federova Tundra area makes up 21moz of the 40moz EUA have said as being in the wider area to MT but 13moz is no longer available as it was bought up by Federova Resources ( the company set up by Rostec and the local business man).
https://fedorovoresources.com/en/
EUA's strategy is not just the sale but creating a new PGM district and the several transactions being worked on likely include the 6 JV areas they have block modelled.
Sorry but I don't see this new license application adding any new resources because it's already included in the circa 13m oz figure for the flanks area.
The circa 13moz figure is calculated from prior exploration areas and those areas extend beyond the MT flanks area that has already been secured.
If you go to the EUA website and look under Operations and under MT you will see a diagram of the MT area with the outlines of the prior exploration license areas drawn in. It's clear those prior exploration license areas extend beyond the boundaries of the flanks area that has been secured. They extend a long way into the NKT area, enough to cover the new application area. They also extend to the SE of the MT area.
If you look at the Annual Report RNS of 1 July 2020 you will see the statement "Deposits occurring within or partially within the flanks application area 13.3moz"
Hi Dufry,
Very valid point that I was going to make earlier today but someone else (can't remember who) beat me to it.
JORC details maybe with taking 6 of the JV areas on to drum up interest for potential investors ?
As EUA previously stated (prior to the JV) that they were interested in reapplying for Volchetundra and as it's one of the JV areas then it is highly lightly one of the 6 areas they are concentrating on and should be secured.
Taking the area of Volchetundra relative to the area of MT and saying it's roughly 5 times bigger and so should have 5 times as much as MT is absurd.
Sad thing is it's very easy to slate you Mac.
Yet again you are going on about Volchetundra being another potential area over and above what's in the JV. It isn't, it's part of the JV as it makes up 12,000m odd of the 20,000m of prior drilling EUA have done in the JV area. It's an area EUA walked away from to concentrate on MT as was Western Imadra which is also part of the JV and makes up the balance of the 8,000m of drilling.
I can't understand why Mac is held in such high esteem as a poster of facts when this post of his shows how hopeless he is at any research.
The 21moz of additional potential resources he mentions occur over a 100kms away from MT in the Fedorova area of which the majority has been bought out by a company called Fedorovo Resources so it is not part of the Rosgeo JV.
What is part of the Rosgeo JV is Volchetundra which Mac continually tries to claim is in addition to the JV. It's not.
The BOD have clearly stated that within the 9 JV areas are areas EUA has previously explored with circa 20,000m of drilling. The only areas they have drilled (other than MT and WK) are 2 previous exploration license areas that are Volchetundra and Western Imadra which clearly form part of the JV.