RE: Some meaty buys already21 Oct 2020 10:07
...and a little cut and paste courtesy of mac and ftsedow yesterday, a reminder of what it going on with EUA
40 Moz Palladium (EUA) using $2300 US $ 92 BILLION. - This excludes Rhodium, Iridium, Platinum and others.
The area is huge.
ACF est. £ (k)
Flanks extension success would raise resources to 15Moz;
Additional licence potential of 25Moz in 5km perimeter for acquirer;
Total 40Moz
Lowest extraction costs $400
No wonder we need UBS.
https://www.eurasiamining.co.uk/investors/presentations
"Scalable project - potential to create a new PGM district : 40Moz target resource in district : Well understood geology and access to historic drilling data underpins 40Moz resource estimate"
People who know mining, know what comes before mining plans are made - !!!1,000koz at full capacity!!! -
MONCHETUNDRA
A fully funded development project; with 15moz palladium dominated PGM resource, it is one of the largest assets globally not owned by a PGM major.
Asset overview:
Ownership: 80%
Operating Partners: Sinosteel, Central Kola Expedition
Region: Murmanskaya Oblast, Russian Kola Peninsula bordering Finland.
Mine type: Open pit.
Licensing: Mining license to 2038. Financed via Sinosteel EPCF.
Status: Preparation for production.
Product/Offtake: PGM and base metals concentrate (Palladium dominant, Platinum, Gold, Nickel and
Copper).
Infrastructure: Road, Rail, Sea Hub, Power and labour. Close to Finish border
Mine life: >20 years
Target production: 1,000koz at full capacity
Exploration upside: Expanding mineable reserve base via acquisition of adjacent licences.
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