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Folks
If you have concerns email the BOD and explain your not happy with the lack of clarity on every RNA !!
good god sea sick
you are up and down more times than a *****s drawers !!
pull your self together man !
Good post Lovelyboy
DS certainly ahead of the curve in 2018 talking about ethical mining (ESG) and traceability using blockchain , tokenized precious metals etc .
bring on the news !
and they went to sail in a PEA Green Soup
PLATINUM
Average: $1066
High : $1275
Low : $890
We see a positive outlook for platinum prices as rising demand offsets a supply surplus.
Platinum had a difficult year in 2021, shedding just under 10% with supply disruptions and semiconductor shortages having a deleterious effect on auto sales. The decline was futher impacted by large ETF redemptions in H2.
Looking ahead, as the global economy recovers we see increased demand coupled with an easing of the chip-induced issues. As such good growth should be observed in the jewellery, automotive, industrial … and by extension in the investment markets. We see gains for platinum in 2022 … but not stellar.
PALLADIUM
Average: $1959
High : $2350
Low : $1410
Palladium had quite a rollercoaster year in 2021 being easily the best performing precious metal in H1, hitting an all time record high of $3016 in May 2021 on supply tightness, but by the end of H2 it was the worst, down 22% on the year.
Underlying the price volatility has been chip shortages and its impact on auto production. If as expected global market starts to normalize in 2022 then it follows we should see a revival in auto demand, rising from 75m light vehicles in 2021 to a forecasted 83m in 2022, then to 92m by 2023 and by extension, for palladium demand to also increase. As such, we see the worst being behind us.
Just as 'demographics are destiny' … the same principle applies to the slow and inexorable shift into new technologies. And this move does not favour palladium much longer term.The fundamentals point to structurally weaker demand with EV's gaining market share, which may have a deleterious impact on palladium prices. For now though things look just dandy.
With thanks
Ross Norman
MetalsDaily.com
ross@metalsdaily.com
Peter 47 says "I’ve had the same thoughts, fund raising was a safety net to ensure they get their salaries while they screw everyone over"
wtf
Get back in your Bottle !
Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are focused on further prioritising nickel as Eurasia's main metal, while we consolidate formerly operating nickel mines in one subsidiary company. We continue to observe significant interest in nickel dominant mines, especially in the ones closer to production like formerly operating NKT and Nyud brownfields relaunch".
James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "The Board members are looking forward to finalising the consolidation of formerly operating nickel mines on the Kola Peninsula. Splitting our nickel, PGM and hydrogen projects into separate subsidiary companies allows us to execute on our strategy as announced".
Glossary
"Tier 1 Scale" means deposits that are "company making". They are large, long life and low cost. Using long run commodity prices, they generate >$300-600 million per annum of revenue and are in the bottom quartile of the cost curve. They have very robust economics and will be developed irrespective of the current business cycle and whether the deposit has been fully drilled out for resource and reserves purposes. It is expected that the economics of the deposit will achieve a >12% internal rate of return after-tax.
Get real genie !
bod silence ? 18 day's ago
Highlights:
· Nickel is now the main metal in Eurasia's basket of metals (on a Net Smelter Royalty basis) following the JORC Mineral Resource Estimate produced by Wardell Armstrong International at NKT. Work is being finalised on the high-grade veins part and the open pit part of NKT, as well as on the assaying to upgrade the resource to be separately announced in due course (please refer to RNS dated 16 December 2021).
· Kola Nickel LLC was incorporated as Eurasia's 100% beneficially owned subsidiary in order to carve out all the nickel assets of Eurasia into one subsidiary company.
· Similar to NKT, Nyud's main metal is also nickel. Nyud is included in the agreement with Rosgeo (for more information on Nyud please refer the last bullet point below and RNS of 26 August 2021).
· Wardell Armstrong International was engaged by Eurasia to produce JORC Mineral Resource Estimate at Nyud, as well as a CPR and net present value model. The results of this engagement is almost complete and will be announced separately.
· Like NKT, Nyud is a nickel open pit mine previously operated by Norilsk Nickel. A trial open pit was developed at Nyud by Norilsk Nickel and nickel dominant ore was shipped directly to Severonickel, the world's largest nickel processing plant. Similar to NKT, the Nyud area is well served with the infrastructure required for the relaunch of mining and processing and the tailings will be used as backfill for the old NKT mine developed in the past, following the best practices in ESG and saving on the tailings storage facility capital expenditure.
9am
1 trade UT 22.50
again giving the impression of a large drop ?
surely it cannot be difficult for every transaction to be tagged with a buy symbol or sell symbol !!
does not matter about price it's either a buy or a sell .
rigged for the establishment .
waste of time so filtered
If it is such a under valued stock , surely MH would be buying up shed loads and provide some confidence !
I should know I lived in Ukraine many years !
The only tool here dude is you !
Ukraine are entirely free to become a NATO member , without the influence of a Thug !
palladium and platinum combined up 12% today
nearly .5 of a million just sold ?
1 trade ?
klopper