Member Info for TheBeastofBodmin

trading4good not sure what you are referring to the Jan RNS outlined the NYUD license which was part of the notarised agreement between EUA and Rosgeo it’s all detailed below?
As for the Russian subsidiary’s Mac is correct, I realise a lot of this is complicated and easy to forget/not fully grasp but I also think some people here are purposely mischievous or (like CALLS) feckin clueless? :D

The Company notes that the Nyud exploration licence was granted to OOO Monchegorskoye in mid-December 2022, a company established and owned by Rosgeo.

The Nyud exploration licence is adjacent to the Company's mining permit in Monchegorsk, Kola Peninsula Russia, and was applied for and progressed by Rosgeo. OOO Monchegorskoye was incorporated by Rosgeo for the purposes of establishing a joint venture to develop the Nyud Project with Eurasia's 100% owned subsidiary Yuksporskaya Mining Company, pursuant to the agreement between Rosgeo and Eurasia as announced 26 March 2021.

As previous, refer to the RNS the FS for MT and don’t forget the pending DFS…also the WH Wainwright report if you are able to access it which assume you can given your in-depth interest in EUA?
Also bare in mind the company geologist and independent geologists engaged and their respective qualifications to analyse report and publicise.
Not sure what your qualifications are in this field but sure the company would be interested to receive your input if wasting their time in order to pack up and move on?

None of those company’s were associated with EUA however it would not be out of the realms of possibility to assume a car company would have interest. Japanese of course have an interest in Sakhalin and are not giving it up, as for Elon Musk I am sure Tesla would love some battery grade metals but think that was a little in the realms of the fantasist £35 a share mongers at the time?
Either way if the original buyer had exited we should be informed we have not therefore assume the buyer is still onboard?

BRICS were nothing new hence Sinosteel, BRICS were always the natural suitor given the resource location prior to the conflict and after.

'The BOD must hate this website' - I very much doubt they concern themselves with this website why on earth would they?

IMO I think when the reality of this war comes out in regards to casualty numbers and deaths of Ukrainian people along with the collapse of the country people might start to question their own media and politicians as well as why Putin implemented such a destruction in Europe?
Absolute disaster and failure on all sides to prevent tens of thousands of dead and misery beyond comprehension, the Ukraine is on the verge of collapse a few challenger tanks what difference, looking more of a feeble jesture than competent plan at this stage? Just hope it ends for all their sakes cos the current lunatics appear intent on pushing this conflict to unimaginable consequences.

Fair enough, bit of a quicker response than the carp.

People researched who have been consistent in their opinion under the same moniker for more than a couple of months (ahem) are fully aware there is considerably more information including independant reports besides the ACF report.
Involvement of HC Wainwright, Wardell Armstrong, competent person's reports by qualified geoligists as well as the data in the RNS releases for those who wish to conduct their own research into the company.

Aubrey, EUA have a 20 something year estimation of mining from WK this is detailed in the RNS along with WK's DFS.
There is a current FS on MT and we are ending the confirmation and clearence of the DFS for MT.
Along with the HC Wainwright report you can research them here as the odds are they are considerably more qualified than anyone on these boards.
https://hcwco.com/

Surely people do not need this BB to explain where to find information on the company projected value and resource when it takes less time to conduct a quick search than type the request?
https://acfequityresearch.com/eurasia-mining/
Also independant research conducted by
HC Wainright
Along with the RNS releases

Please DYOR....in order to ensure you take responsibility for yourself.

Good post DB, AMC was also in need of logistics and infastructure around $1 billion worth as in such a remote area.
EUA has it on it's doorstep along with NN.

https://www.reuters.com/world/putin-indicates-russia-could-loosen-restrictions-dividend-payments-foreigners-2023-03-16/

Biden and his administration have been a total disaster domestically and foreign policy have been a complete shambles.
Add in Blinken, Sullivan, Nuland and a host of other neo con's along with an insipid main stream media that spent 4 years lying about things like Russian collusion and ignoring anything linked to democracts and we have a huge war and subsequent chaos in abundance.
IMO

The company has a long term multi year mining plan with grades and projected product detailed in RNS releases.
We also have independant survey conducted by HC Wainwright which confirms EUA estimates across all resources WK & MT included. We await the DFS from MT to supplement the FS already detailed.

As an example below here is recent update from company update related to Typil.

Typil license


An exploration programme for the 24.5km2 Typil exploration license, directly adjacent to the operating mine was approved in early 2021 allowing geological mapping, using soil and stream sediment sampling on both banks of the Kosva River to commence in August 2021.

468.1m (75 holes) were drilled on 7 lines in the northeast portion of the Licence area and in areas where tree felling was not required. Key highlights from the programme, with a drilling density commensurate with Russian standard C2 Reserves are provided as follows;

· At the confluence of the Typil and Kosva rivers, a potential ore body of 20m wide and 0.8m thick at an average grade of 235 mg/m3 raw platinum is contoured in Quaternary sediments.

· At the eastern bank of the Typil River a potential ore body 0.8m thick with an inferred width of 80m at an average grade of 192 mg/m3 raw platinum is contoured in pre-Quaternary (Neogene) sediments.

· On Line 24, in Quaternary sediments of the Typil eastern bank, a 110m wide and not less than 0.6 m thick layer is identified with an average grade of 284mg/m3 (sample grades up to 860 mg/m3).

· On the eastern bank of the Typilez Creek, two lodes with potentially economic platinum grades are identified. At a placer width of 160m and average thickness of 1.3m, the average grade reported is 261 mg/m3. At a width of 80m and average thickness of 0.9m, the average grade increases to 310 mg/m3 (sample grades up to 1,524 mg/m3).

· Numerous other platinum bearing intervals were identified in the drill programme for follow up in the next stage of drilling while several other prospective areas including the Typilez, Mulychevka and Kyria River areas remain understudied.

These results are presented in a table in Appendix I below. The Typil exploration report was provided by Michael Sukhov, Chief Geologist at Kosvinsky Kamen.

Bobby's post is correct the TEO for WK was in 2016 and the TEO for MT will be post DFS. Nothing else one can add to this we have been down this road months ago but that's nothing new on this forum.

TD2
they have produced a TEO in 2016 and details of that will be included in the DFS along with much more up to date information, so clearly they have produced a DFS which has recently been submitted.

TEO
Monchetundra

A Feasibility Study "TEO" (Technico Economicheskiye Obosnovaniye or Technical and Economic Feasibility) was officially submitted today (22 December 2016) for approvals at the State Commission on Mineral Reserves ("GKZ"). This document, considered equivalent to a 'Western' feasibility study, documents the economic extraction of the reserves already identified at two open pit targets on Eurasia's 80% owned Monchetundra License. The reserves, when approved, will represent the maiden reserves defined for the license.

You might get a nicely worded reply but we won't get an update until they are ready to update.

Of course he is to blame never said anything other, but this disaster was very avoidable IMV and has been a tragic political failure on both sides which summurises and finishes my thoughts on this topic.

I am not anti west in anyway, however if your naive enough to think that the current political agenda is working in the best interests of the average person in Europe, the US or the Ukraine then keep your head stuck in the sand.....nothing to see here.

'Call me a cynic…' Who here would?

Would not be surprised to see an Indian firm biding for recources in Russia wether they be ours or elsewhere the BRICS are clearly intent on business and see the value moving forward. The West are going to be scrabbling around like kids for whats left if they don't wise up paying a serious premium no doubt passed on to the consumer.

Not sure what the court case has to do with it given what we know it's nothing EUA have done incorrectly at all....but anything for a negative rant eh?