Member Info for Silverite

Sounds like this could be good for precious metals:

China To Start Massive Stockpiling Of All Possible Commodities
‘Meanwhile, here is something to study. China has announced it plans to boost its strategic commodities reserves to assuage anxiety over energy and food security. Starting in 2021, it will make what Bloomberg calls “mammoth” purchases of crude, strategic materials, and farm goods, officials apparently say. This is being done to ensure China can ride out any repeat of this year’s supply disruptions, or a deterioration in trade relations with the US, for example. This is apparently part of the shift to “internal circulation”, or greater self-reliance, which is already being flagged, and which will kick in for the five year plan 2021-25.’
https://www.zerohedge.com/markets/what-possible-disruption-coming-requires-china-start-massive-stockpiling-all-possible

I see SFA (Oxford) Ltd are holding a New York PGM Online Event on September 15th 2020 on the theme of “Can palladium and rhodium keep their shine post-Covid?” As the fee to view online is £200 they’ll be getting SFA from me :)
Only just discovered Sibanye Platinum Proprietary Ltd own 75% of SFA (Oxford) Ltd so can appoint directors etc.
https://www.sfa-oxford.com/events/new-york-2020

They also have some recent in-depth research documents that are free to download:
https://www.sfa-oxford.com/media/1594/sfa-oxford-edition-9-the-platinum-standard-may-2020.pdf
https://www.sfa-oxford.com/media/1576/sfa-oxford-edition-4-the-palladium-standard-september-2019.pdf

Some positive comments on yesterday's Sprott Money from 5 mins to 10 mins - palladium and platinum in short supply plus silver could rocket further:
https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-9420

Using something like a variable "price improver" by the broker could swing the trade between a sell or a buy almost at their discretion.

Can't wait to sing:
"Dmitry rhodiumed the boat ashore allelEUA!!"

MM Scares
spells ScaMMers!!!!

This my favourite Kytlym song is by two servicemen being transferred from Kamsk to Kytlym where there is a missile defence base (handy for protecting our platinum and palladium!!!):
https://www.youtube.com/watch?v=3n1OWYyrAMQ

A couple of years ago I posted about apparent links between the Ananiev brothers and the Magomedov brothers through possible BVI, Cyprus and British connections involving Queeld Ventures Ltd, Kipford Ventures Ltd, Urgula Platinum Ltd and Platinum Nominees Ltd. https://www.lse.co.uk/profiles/silverite/?page=4
It’s now caught my eye that the Moscow City Court has extended the arrest of the Magomedov brothers from the end of June 2020 to the end of August 2020. Possibly it takes time to sort out the offshore complications but it made me think perhaps the team at EUA expect to get things tied up before the end of August - I imagine Iain Rawlinson and UBS are well on to it.

https://www.kommersant.ru/doc/4396442
The Moscow City Court has extended the arrest of the co-owner of the Summa group Ziyavudin Magomedov and his brother Magomed Magomedov until August 30. Note that in early June, Ziyavudin Magomedov recovered from the coronavirus and returned from the Matrosskaya Tishina SIZO hospital to the Lefortovo SIZO, although his defense then said that he still does not feel very well.
"The court granted the request of the investigation to extend the arrest of the accused, setting them a term of preventive measure until August 30," the court told TASS .

https://vgudok.com/rassledovaniya/fesco-poslednee-pribezhishche-magomedovyh-za-dva-goda-sledstviya-ot-imperii-summy

I believe all of Monchetundra has been classified as kerchingerite :)

ftsedow
Yes, you're right I need to check more often - I will now! Still weird that the number 51 should crop up though.

Yes, I am with Barclays. They could just as easily sent an email as reminder for the fees, but instead I get an email out of the blue saying the trade has been completed. It's crossed my mind that they might be tidying up any loose ends, like getting the fees in, because the deal to buy EUA has been completed behind the scenes.

Weirdly, yesterday my broker sold 3 (three) EUA shares form my account At 17p per share the total trade being 51p. I was informed it was done under the terms of my contract. Looks like it might be for fees owing, but I need to check this. Strange that the number 51 cropped up - is it one of these secret codes that brokers use I wonder?

Thanks, that's encouraging. I Like the look of Altyn so dipped my toe in last week, gold price looking strong too.

There were some difficult moments but I hung on even in the dark days. I lost the respect of several friends and relations after tipping EUA only to see the shares plummet. They sold out ages ago and I still can't mention the word "Eurasia" to them!

Been an EUA holder since 13 Feb 2006 encouraged by the RNS announcing three Kola licences, little did I know it would be such a long and winding road. Things looking promising now - just wish LTHs could receive a time-weighted dividend !!!

I can't pretend to understand how Russian mineral reserves are calculated but does this bit suggest a C2 classification could be expected to be about 40% accurate? You can guess what I'm thinking, but don't flame me!!

http://www.crirsco.com/conversion_guidelines_2010_9.pdf
In the Russian classification system, alongside the categorisation of resources, and as an additional measure of their degree of exploration, a quantitative and probabilistic estimation of accuracy and precision of definition of the main estimation parameters must be carried out. The Russian system defines this in terms of deviations of estimated explored resources from the 'true' values in a sample estimation block, in which the tonnage of mineral is commensurate with annual production capacity of the mining operation. The required precision is set at levels of <15%, <35%, <40%, and <60% respectively for categories A, B, C1, and C2 “guaranteeing” the accuracy of the overall estimation of resources for a notional 15-years mine life, in a fully explored deposit at a level of <15%.

No excuse now. Forecast +20C by end of next week.
https://www.gismeteo.com/weather-kytlym-4455/10-days/

Was that David Cameron the Member for Pigsmouth ?

Daytime forecast for next Monday is +8C at Kytlym. Guess they should be dusting the machinery off by now.
https://www.gismeteo.ru/weather-kytlym-4455/10-days/

RMR1969

I guessed as much - just have to keep on hoping..... :)