George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
montyboz
Posted in: EUA
Posts: 1,608
Price: 30.00
No Opinion
RE: rns out14 Jan 2021 07:46
What did I take from the news this morning?
First of all it made me happy, we are on-track.
The next was the subtle way Christian covered the negativity that has been floating around.
Advisers – Meaning DLA have not just been retained, they are hard at work.
Multiple bids of different structures, that was expected but nice to see in black and white
It’s going to take time, well there was absolutely no surprises there. This is why I advised those struggling mentally to sell up, pressure and stress are not nice to deal with. I envisage we are not close to the finish line just yet.
I guess the comments from my post last night are still in play, Eurasia have a bit of a monster on their hands, they just need time to deal with it.
No way Oleg was going to put his neck on the chopping block if he wasn’t certain, Russians don’t do that kind of thing. In his mind as an expert on the ground he’s looking north of 200m oz’s of palladium.
The deramping shorters have been dealt a hefty blow, but they will recover and return later.
Have a nice day
montyboz
Posted in: EUA
Posts: 1,608
Price: 30.00
Strong Buy
Simplification17 Jan 2021 09:15
Simplification is something we all do on complicated subjects; it is how we gain understanding.
It is doubtful there are any shareholders here that fully understand the complexities of the geological layout at Monchetundra. I believe there was one person, Snowman, now sadly passed, who could see the bigger picture. When people were talking about 2p as a decent target he mentioned £1.
I work in a technical environment; those above don’t understand and those above those are clueless. They all simplify everything. The problem with simplification is the natural underestimation that follows.
The biggest issue I see at Monchetundra is valuing fresh air. Many say there is no value, a few are unsure, and the remainder believe some kind of value should be attached.
So, what does all this mean?
Ironically, I will now simplify things to explain.
Imagine the Bushveld complex has not been discovered and South Africa have a mining system the same as Russia, basically the continuation of growth via flanks and exclusivity zones.
Eurasia mining are the first on the ground at the Bushveld, they get a few licensed areas, then do their first expansion move, a flanks license. Along comes an expert called James, he sees something very unusual. This Bushveld complex is potentially massive, bigger than anyone ever imagines and there is a line of proof. James instantly joins the team as the CEO.
So, what next?
Eurasia have happened upon something very special but what do they do with it? They would like to reward their loyal shareholders including the board members but they would also like to keep a stake in the game, so as each bound is made, by whoever, they receive royalty payments. It is theoretically possible that Eurasia could become one of the largest mining companies in the world.
When you think about it, most mining companies start somewhere, at the bottom, their subsequent growth is dependant on the acreage they find.
This whole situation is highly complicated and yes I do see value in being the first PGM extraction license holder in the area. I believe the next few moves on the chess board will be crucial and certainly interesting. Remember if you are simplifying without understanding you will have expected things to have been concluded well before now.
To those new here do your research and take it from there
If a purchaser was lined up as all the RNS’s would have us believe, why did Eurasia or entities related go cap in hand to the Murmask Investment poral looking for 3 billion roubles?
I think one of us has read this wrong !
The Murmansk region offers two preferential tax regimes. One of them is the Capital of Arctic advance-development territory, which works in the region’s city Murmansk and the Kola District. ok
The territory’s nine residents have registered investments of almost 100 billion rubles ($1.4 billion). 9 investments !!!
MURMANSK, December 15. /TASS/. Another two companies received the status of the Russian Arctic Zone’s residents in the Murmansk Region. They plan to invest more than 3 billion rubles ($41 million) and to offer 400 jobs in the projects to mine ‘green’ metals and to build a camping, the region’s Governor Andrei Chibis said on Tuesday. *****Another two companies******
So Monty "Another two companies received the status of the Russian Arctic Zone" where did it say that was EUA . What about the $1.4 Billion already invested and why would they disclose offer or buyer or even the amount of further investment when nobody knows the deal thus far !
Where does it say EUA ?
Murmansk Region’s new business residents plan to build camping, to mine ‘green’ metals. CAMPING COSTS ! FOR 2 NEW COMPANIES AS OF 15 TH DEC 2021 .
Wait for Scottydogg the liars response .
Remember you have been caught many times telling filthy lies before Scotty ....best to read back on some of the bull you have posted and maybe get a fabricated response ready !
SP speaks louder then your words !!
Remember when Amazon went from £111 to $6 and Jeff Bezos was asked why and if it bothered him !
He said he couldnt explain it ! As from the inside ,as far as he was concerned , everything was dramatically improving. All positive and the market would eventually catch on .
Now EUA aint Amazon but to say the SP is what its worth is comical .