Member Info for TheBeastofBodmin

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

Our strategy continues to be the eventual sale of the Company's assets in Russia, being the West Kytlim operating mine, the Monchetundra Project mining license, the NKT brownfield project, and the entitlement to the Nyud brownfield project.

- No two sales havebeen treated the same in Russia

- Queeld and Mispare case no effect on sales or assets

Debunks the drivel via the liar from Streatham, keep up the posting old guard good to see you active again.

Yeah, kept going on about concrete canoes.....I didn't think I would be sitting in the f'kin thing in 2023 :D

'& the poor Ukrainians have felt the force of the bald egotistical crazy Russian all though getting the better of his over stretched , under equipped rag tag army'

From what I have seen they have barely made any progress at all 2 months into this offensive a few fields and a couple of villages? Thats not disputing their spirit or courage however being thrown in with no air cover against pin point artillary, rockets, helicopters and planes is suicide.

If we have not all been vaporised I predict this will be talked of as a tragedy comparable to WW1 in future.

Then you won't need to bother buying any EUA shares will you? Bye

She fully knows what she said couldn’t resist the bait like the narcissist it is and reveals itself again as a pathological liar.

Nice find mjd tight lines 🎣

Shrapnel - cos that makes perfect sense 🙄🤡

HaHa I am just being as obtuse as yourself toffers annoying isn’t it, but hey what comes around goes around…..let’s not forget

Company will not get their AR signed off - Toffers LIE

Company concentrate made into ordnance for the Russian military - Toffers LIE

There are many more mjd put a list of this charlatans ramblings and outright lies but it was too much for the mob and was removed 🤣🤣🤣

So once again then toffers before you go for a brew and whatever else you do, explain to this board how AMC sold their assets in Russia?

Let’s word it another way…

Do you agree that EUA will be able to sell its Russian asset with authorisation from the Russian authority which involves the same successful process as AMC?

HaHa TC in your rush to be proven wrong you cannot even read the post here’s the clue ‘last fiscal year’

Remember you started last autumn not this fiscal year

🤣🤣🤣🍵🍵🍵🤡🤡🤡

HaHa still waiting for that raise you promised us last fiscal year TC the one where the BoD detailed there would be no funds required and you insisted ‘they can raise at anytime don’t need the SH’s approval’

🍵 🤡

Do the Russian State own unexcavated minerals, yes or no? - No

Now explain how AMC sold their unexcavated asset post authorisation via the Russian authority's?

Of course the Russian state sign off the deal, there was not any reference to suggest otherwise?

The point is you are saying the business cannot and will not be able to sell it's Rusian assets however there is a recent example of a company doing precisley that, AMC.

If it were therefore not possible for a company like AMC to sell it's asset in Russia, then how come they managed to do so? That is the question that is put to you?

Toffers, this still does not explain how AMC recently managed to sell their Russian asset to a buyer if the Russian state do not permit this business model?

Either way I will trust the BoD, you to date have not supplied any information of value to this public forum in fact every piece of information you have insisted was correct has turned out to be the opposite, I see nothing in your latest obsessive postings to suggest anything other than the status quo in that respect.

Toffers, for the last time explain to this board how AMC recently managed to sell their Russian asset to a buyer if the Russian state do not permit this business model?

I asked the question the other day how was it AMC sold their resource as the Russian state clearly allowed it?

Predictably met with silence, however I don’t drive a juddering Qashqai so understandable I suppose? 🥴😆

It's totally fact free, like all your previous conjecture laced posts and assumptions both recent post and prior NOMAD humbling.

- You have omitted to reference any of the previous references to asset value from previous RNS

- You have failed to understand the Sinosteel EPC agreement

Sinosteel EPC contact update:

As Monchetundra's flanks application is progressing, the Company keeps its EPCF contract in place with Sinosteel, which establishes the route to the Monchetundra Project's development. Sinosteel is a diversified and integrated base and industrial metals enterprise and a major importer of iron ore to China. The Sinosteel EPC financing covers 85% (or US$149.6M) of a total contract value of US$176M.