focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I really don't know why they bother, a never ending theme of negativity and conjecture which no one takes seriously?
What an achievement :)
The fact your here posting negative nonsense daily on a company BB your not invested in is enough, there is no need to confirm the obvious?
Good luck to all holders! - 'Honest B1ll' :D
What on earth are you wittering on about now B1ll?
Surely you can spend that hour more productively than wasting your and our time with irrelevant posts here?
That’s 4 but I’ll give you the benefit as I ‘assume’ you meant 2x2? 🤔
'As stated by CS at the AGM!'
The words 'low visibilty' were used in the following RNS Toffers not at the AGM which if you had attended you would well know?
3rd July
RNS Number : 6535E
Yeah but let's be honest B1ll at least he does actually post about the company he invested in.
The non invested have certainly been triggered, wasting more of their time here as usual.
The Russian federation document has been edited what this means we cannot confirm but whatever it's more relevant than 'company won't get a nomad, company will not be able to complete their AR, company needs a raise (last fiscal year)' and a whole host of other story's these grifters have made up over the years.
Not gullible enough to believe any of the garbage you and your fellow mob members have been spouting for the past year or two TC 🤡🤡🤡
Relax, until we know precisley what it's relevance is let it play out to early to jump to conclusions.
That said didn't stop calls talking out of it's derriere again, swiftly followed by TC of course.
These question types are what an investor should research prior to making a decision as to wether to buy shares or not in this company and any other?
DYOR and good luck.
'original buyer didn't actually buy anything' And theres no guaruntee they will, but if they do or someone else does.......
The fact the original buyer is still at the table suggests the emphasis was indeed with BRICS along with the procurement deal with Sinosteel.
Many investors seemed of the opinion NN was the favorite for obvious reasons.
An ii invested a huge amount of money into EUA at an undiscounted SP at the time of 26p a fact bypassed by the mob.
I don't know of saxo trading however EUA is not restricted on any other platform as far as I am aware?
I would contact them for further advice to understand why?
Interesting and debunks a lot of the daily drivel from the mob.
The sanctions have complicated the company's plans, Nesis said on an investor call,
making an asset sale, for which he said there were a number of interested buyers, the only viable option.
"A spin-off or distribution of the subsidiary to investors are not possible given the sanctions regime," Nesis said.
"As much as we are keen to preserve the shareholder value, we are equally keen not to breach any sanctions.
"And therefore, the sale of the Russian business remains the only reasonable option, which we will pursue in the course of the next several quarters."
Six to nine months was a realistic timeframe, he said.
"Management and the BoD are able to extreact substantial if not full value from this business. This will not be a sellout or giveaway"
My understanding is the political situation made the audit more complex and time consuming (but not impossible of course) than normal, Grant Thornton were the auditors.
Or stick to facts reported by the BoD during the AGM to the investors
Just a reminder :
CREDIBLE PARTY STILL IN NEGOTIATIONS
SUFFICIENT CASH FOR THE YEAR
NO UPDATE ON NON OWNED DEPOSITS
NEW CEO AFTER SALE OF ASSETS
NYUD – NO FINAL DECISION
COURT CASES – LOGIC – SETTLED. Q+M – CAN’T COMMENT ON ONGOING COURT CASE
NDA’S – VARIABLE AND NEW ONES SIGNED IN JUNE. 1 TO 3 YEAR TIME LINE
ANNUAL REPORT – MUCH TOUGER THIS YEAR – HENCE THE DELAY
OPTIONS – CHURAKOV ‘S CANCELLED
SALE PROCESS – BOD FOCUSSED ON THE SALE – MADE CLEAR MULTIPLE TIMES
JN LEAVING – EPC SPECIALIST SO NOT CURRENTLY NEEDED
NO ROYALTY PAID
DFS – LEGAL PROCEDURES NEED TO BE FOLLOWED BEFORE IT CAN BE PUBLISHED
RESOLUTIONS 6+7 – CRITICAL YEAR. HOPE TO FINALISE THE SALE SO OPTION NEEDS TO BE THERE IN CASE IT’S NEEDED
MT FLANKS – MKT WORK ONGOING
JORC – SUBJECT TO RUSSIAN SYSTEM AND WILL BE PUBLISHED WHEN DFS IS RELEASED
SUBSIDIARIES – MONEY CAPITALISED AS LOANS – PRE-WAR EXPENDITURE. NO INTERUPTIONS TO OPERTAIONS AT ALL IN RUSSIA
AM – VALUED MEMBER OF THE BOARD.
SINOSTEEL – NOT CONSIDERING AS SALE IS WHAT THEY WANT BUT IS STILL AN OPTION
PGM STOCKPILE – WILL BE SOLD
SALE CONFIDENCE – VERY HOPEFUL IT WILL BE COMPLETED THIS YEAR
GOOD RELATIONSHIP WITH RUSSIAN AUTHORITIES – NOT ENCOUNTERED ANY SERIOUS OBJECTIONS AND THEY’RE IMPRESSED WITH THE AUTHORITIES
CS – SIGNIFICANT SHAREHOLDER AND AT 70 YEARS OLD DESERVES A REST.
DIVIDEND – WILL BE PAID UPON SALE OF ASSETS
DRAG LINE PERFORMING VERY WELL AND IS CURRENTLY STOCK PILING ORE AFTER SOME MINOR GLITCHES EARLY ON
SIGNIFICANT SAVINGS BEING MADE USING ELECTRIC
EURASIA V2 – MOVING INTO H2 AND RENEWABLE ENERGY. STILL IN DEVELOPMENT
HANDS TIED WITH RESTRICTIONS REGARDING THE BUYER
LARGE SHAREHOLDERS NO BETTER INFORMED THAN PI’s
NEW CEO TO BE APPOINTED AFTER SALE IS COMPLETED
STILL NOT DIRECTLY AFFECTED BY SANCTIONS
BOD MUST PROTECT TRHE INTERESTS OF ALL SHAREHOLDERS
Environmental
The environment is, for a mining enterprise, at the forefront of ESG principles and directors consider the sustainability and environmentally focussed West Kytlim operation to be an opportunity to demonstrate a new type of lower carbon metal production, competing not in quantity but in quality with other responsible global sources of PGM.
Rehabilitation plans, and forestry permits are a key aspect of mine permitting and are submitted for approval in advance of final mining permissions. The company’s rehabilitation plans consider local climate, geochemistry of soils, fertility, degree of disturbance and specific landscape and topography features and follow guidelines set out within the following Russian Subsoil licenses memoranda;
Federal Law “On Environment Protection” of 10.01.2002 No. 7-FZ;
Russian Federation (‘RF’) Land Code of 25.10.2001 No. 136-FZ;
RF Forest Code of 04.12.2006 No. 200-FZ;
Resolution of the RF Government “On Land Rehabilitation and Conservation” of 10.07.2018 No.800.
But clearly undertaken by very qualified people in the field of geology at WAI as indeed are the people at NN, EUA and Anglo Platinum.
Wardell Armstrong Int conducted a CPR on the NKT deposit from December 21
Available at the following link
https://www.eurasiamining.co.uk/investors/technical-reports
Dr Phil Newall, BSc, PhD, CEng, FIMMM, Director at Wardell Armstrong International and
Che Osmond, BSc (Hons), MSc, CGeol, FGS, EurGeol, Technical Director at Wardell Armstrong International
As expected, the majority of the operating costs is formed by UG mining costs followed by processing
opex.
NKT Project Operating Cost Components
A summary of the NPV at base case price option is outlined in the chart below (Figure 8.2). As can be
seen, the NKT Project’s Revenue is mainly generated by Nickel, followed closely by Palladium and then
Copper.
Figure 8.2: Net Smelter Return Contribution
NPV Summary WAI
Forecast
Spot Prices (Nov 2021)
NPV @ Discount Rate of 8.33% US$ M 1,188 1,692
IRR % 37% 47%
Payback period of capital (FCF)* Years 3