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Its old but its Gold! Just a reminder of what we have got.
Alexei Churakov, Strategic Advisor to the Board Of Eurasia Mining (EUA)
discusses their recent news and plans going forward
Interview starts at 23 minutes 55 seconds.
buff.ly/31SUVh5
or https://www.**********.co.uk/articles/eco-atlantic-oil-gas-safestay-and-eurasia-mining-8da333b/

Main points: Remember this interview is no later than Oct 2019.
1. CITIC and VTB already involved (worldwide reach).
2. Talking to multiple strategic investors.
3. 2 M Oz at $1000/Oz Pd gave NPV of $240M when originally calculated.
4. we have 15M Oz Pd and Pd price now $2420/Oz.
5. New NPV estimate $240M x 3 (for price increase) x7.5 (extra Pd) gives NPV $5,400M (Monchetundra only).
6. Other licences can bring us up to $40 M Oz of PGE.

It is clear that EUA is worth multi billions and a potential multi bag, easily >£1.
Since this interview, we have been working with UBS and DLA Piper for some considerable time in converting several non-binding offers to binding. This in its self implies that the board are pleased with the non binding offers and they meet the boards valuation.
Our board members have a lot of skin in the game and are holding while strategic investors (Blackrock etc) pile in and other significant holders remain loyal.
West Kytlim is becoming much more significant with Rhodium and Platinum significantly higher. We have also significantly expanded at West Kytlim and have multiple open pit mining areas that will be worked on now that the DFS has been approved.
EUA board has been restructured to fully concentrate on finalising of the sale process.
The Monchetundra flanks have been approved bringing us up to >15M Oz PGE, with much more to follow.

GLA Sharegar.

https://www.youtube.com/watch?v=mlpYAaS2Efc

Not sure when it will happen, but Vast has the potential for explosive upside once the market is updated on our production figures (assuming progress is steady).
It was not going to be a quick fix in terms of organising the proper company structure to get bank finance over the line, however I think patience will be rewarded if this is successful.
I would like to see a new company presentation on the Website to highlight our vision and assets.
The rise in Commodities has not yet translated to a premium on our SP.
I do not think Vast would have been able to raise the money that the Banks deemed appropriate before they would consider signing off finance, if we did not have a strong future ahead of us.
In summary. It is clear that sentiment is the main problem for us at the moment. However, this can quickly change and when it does we may never look back.
The upside potential is massive and I will be hanging around for the reward.
One other thing to remember, any cashflow that we get from production reduces the amount of potential dilution we might encounter when compared with Vast's recent past. So, I would suggest that we have in fact made real solid progress in the last couple of years.

GLA Sharegar.

That is the sort of news that would make NN in particular want EUA even more than they presumably already do!
With this information, Eurasia could squeeze NN for more money in the event of a sale. NN are currently assessing production from their two affected and linked mines going forward, and they will be needing a reliable source of ore to feed their nearby refineries.
This could be a case of NN's misfortune is our gain. I am sure they will want to appease their shareholders fears by securing a potential 40M Oz PGM in a district that they know very well. A district that is world class, with our management publicly claiming it as rivalling the Bushfield world class complex.
Remember, if our claims regarding the 40M Oz PGM potential were exaggerated do you think Citic. VTB, UBS and DLA Piper would give us the time of day?
The fact that they have been working on several non binding offers for the company and other complex structures for a period of many months, tells you a story.
Not long now hopefully. Tuesday 2nd March would be nice for the monster RNS.

GLA Sharegar.

The revised plans with flanks was about 1M Oz PGM production per annum.
Cannot remember the source off hand, sure someone will confirm.

Hi Shorn,
To be honest I have not been looking as closely at the recent specific trades as others have been doing.
However, considering the fundamentals and outlook for JLP are great (IMO) but also considering that when companies carry out placings or Warrants are triggered it is nearly always a drag on the SP for typically 1-3 months.
Anyway, that has been a re-occurring theme in my own personal investment experience over the last ten years.
This type of action is more worrying (if repeated) when it is a company with great assets but no cash flow.
However, in the case of JLP I am much more confident because we have such strong cash flow and a great plan for continually increasing it further.
It makes a lot of since for JLP to let institutions in at some point and that is because with their support we can bring earnings from the future, forward.
It is only fair that these supportive institutions have a slice of the larger cake.
I have an average SP of 3.8p. Therefore, from my perspective it is OK to have a pause at 13p for the greater good.
As it happens, I am hoping to hold for quite a long time as I believe the Commodity super cycle is just getting started and would not be surprised if this company is trading at £1+ in a year or two.
We had a great rise in share price before the placing at 13p. If JLP did not have the interests of the loyal shareholders at heart there was ample opportunity to sell us short before the announcement.
GLA Sharegar.

Many key milestones have happened since the very instructive Interview. *No small offers will be put on the table"
30 Oct 2019
Palladium $1805/Oz now $2388/Oz (+32%)
Platinum $925/Oz now $1252/Oz (+35%)
Rhodium $5410/Oz now $21400 (+395%)
Iridium $1480/Oz now $4400/Oz (+297%)
Gold $1495 now $1825 (+22%)
https://www.youtube.com/watch?v=d_YMY6yiMDE&t=258s (the interview).
Citic, VTB, UBS, DLA Piper on board. The very best selection in the world.
Eurasia represented Russia at PDAC in 2020.
Flanks approved ("Culmination"), WK DFS approved allowing for multi pit extraction and work though out the full calendar year.
EUA finances very strong, after extensive capital spend which will result in increased PGM production at WK.
Board reorganised to concentrate fully on sales process. Dmitry will head M+A process.
James Nieuwenhuys joined EUA board (This was an indicator of a deal progressing with Lesego Platinum if you check old RNS's. Links below.)
Eurasia Mining appoints James Nieuwenhuys as CEO alongside Christian Schaffalitzky remaining as Executive Chairman (talent4boards.com)
Eurasia Mining appoints new Strategic Advisor to Board, Mr Alexei Churakov - Vox Markets
An important point from the above announcement was: "It was also further explained that should a deal progress there would be a potential opportunity for Mr Nieuwenhuys to hold a position on Eurasia’s board." Well, did that not happen?
Several non-binding offers have been received.
The board along with the professional advisors are working very hard in converting these offers to legally binding offers.
For those of a nervous disposition. We still have the Sinosteel contract to fall back on. That is not a bad deal at all.
Remember, it is turnkey and a certain amount of production is guaranteed before we are obliged to start paying back the debt.
At current PGM prices, that would not be a problem at all considering we are open pit soft rock and amongst the lowest cost producers in the world at under $400/Oz.
Dmitry has all the cards, he is keeping them close to his chest but if you do your research you will come to the conclusion that he has the Royal Flush, and Montyboz does not even have a pair!
GLA DYOR Sharegar.

The institutions love us at 13p and when they come on board often the stock in question is held back for some time.
I think the next leg up, could be very soon.
There are a great amount of informative posters on this board and they quite rightly point out the reasons why we are still so under valued. I've also pointed out many positives in my previous posts.
The only things that have changed since my last posts on JLP are that our basket of metals have become even more valuable and there is no reason that should change, considering the FED and their lust for inflation.
GLA DYOR Sharegar.

The recent funding ($52M total) should prove to be great business.
We are now set up nicely for the bank funding of Tulkubash to be approved and once investors realise our production growth is becoming a reality there will be many more wanting in than out.
The long term future is looking very bright and I think this stock might start to make some % gains on stocks that have out performed us in the last year.
In reality I am not concerned about the short term movements of the SP. What is important to me is where it is going to be in 2-3 years or more.
GLA DYOR Sharegar.

I was wondering why the FSP was taking so long.
It just dawned on me that maybe Hoochy was involved in the negotiations.
Dmitry: "The binding offers are finalised and the winner is £35/share, all that needs to be done is giving a final vote to the shareholders"
Hoochy: "Hold on a minute Dmitry, I can sense that NN really want a bit of the action. Let the bidding continue, next target £45/share and royalties over the mine life"
UBS: " Sounds like a good idea Hoochy, we know they want this really badly"
Disclaimer:
Any similarities with real life characters are coincidental and in no way are intentional.

GLA Sharegar.

After an avalanche of 8.3 and 8.5 forms, it seems that their frequency is almost coming to a screeching halt.
Is that significant or not?
I will take a speculative guess.
Is it possible there has been some sort of notice given for the usual parties to get the paperwork in order, and if so would that not mean the very big RNS could drop very soon?
Interested to hear your thoughts on this.
It will be ironic is an RNS drops just after I post this.

GLA Sharegar.

MarkP1989 Premium Member
Yellowcake, might be an interesting play on Uranium.
Just had a look a while back. Uranium is something I have to check out further, not invested yet.
Your video looks quite interesting!

GLA for EUA as always.

Excellent update,
We were a slow turning Ship and now facing the right direction, that's why I bought in.
We will reap the rewards of the last few years investment. The doom mongers (I've got them filtered) should be scarpering away with their tales between their legs.
There is great potential for steady and sustained growth into an already massive market on our doorstep.
It is clear that KPFertil is becoming trusted and cost effective in a wider range of applications, and as far as I am concerned the board have been building the strong foundations of a company that has now been significantly de-risked and can go forward with confidence and generate great returns to the shareholders over the coming years.
GLA Sharegar.

To be more serious,
I was thinking about £1.30.
However, there is a possibility we have much more than the 15M PGM already claimed (with the Flanks).
So I could be open to nice surprises.

GLA

MrNation,
Asks,
Do you think we get close to £1 for the sale ?
Maybe not.
£2.50 probably is not close enough!

Two Abba songs combined.
Gimme! Gimme! Gimme!
Money, Money, Money.

and for consolations, an other Abba song dedicated to Rowka/Monty and friends.
S.O.S.

Thinking about that scene a little more.
Tuco is running in circles (Commodity cycles?)
The man that gets the Gold (Blondie) does not do the work.
Some things never change!

Maxcady,
Do not know if you noticed the coincidence.
As I write, Gold $1862. 1st Feb
Date on the grave (at end of video) 3rd Feb 1862.

I was in TMAC (TSX) recently.
Before I bought in the SP was 118c and an offer of 175c was on the table. Problem was it was a Chinese company and the Canadian authorities were reviewing the transaction and deciding if it was in the national interests of Canada.
No doubt, for Political reasons the deal was not allowed to proceed.
Share price subsequently went as low as 105c, but surprise surprise Agnico Eagle stepped in and bid 220c despite the apparent lack of competition.
The moral of this story is to expect extreme volatility before we land on treasure Island. Why? The MM's want your Golden tickets.
When I made further enquiries on the TMAC board after buying in, I was informed by one of their posters that it was just "dead money" He was wrong, and the numerous Bot flies here have an agenda and they will all be proved wrong as well.
Remember, it is a game of Poker. We have a Royal Flush and they are trying to bluff us out of our hand.
UBS, DLA Piper, Citic, VTB...…..

GLA DYOR Sharegar.