Member Info for velcrofajita

https://www.baystreet.ca/commodities/5223/Goldman-Sachs-Calls-10-Year-Commodity-Supercycle

EUA has Nickel, Cobalt and Copper - all mentioned in this commodities super cycle news release

https://www.sbma.org.sg/media-centre/publication/crucible-issue-20/platinums-crucial-role-in-global-decarbonisation-is-driving-near-term-platinum-investment-demand/

Hydrogen and Platinum go hand in hand when it coms to global decarbonisation needs. EUA is there in both areas

@fulmar29

My view is that HZM should do a strategic deal on "V" here and now. Nickel is burning brightly at the moment and the large miners and EV car manufacturers are falling over themselves to secure supplies.

This can be a 50% disposal of the resource with the buyer also having to arrange the full debt financing package. Alternatively something similar to the Tesla deal. HZM is just too small to go it alone on a large deposit such as "V" and if it does it will result in significant shareholder diluion

If I take a bet, they sell 25% of "V" and do a tesla style offtake for the funding. let's see

Gives some insight why EUA are moving strongly to establish a Nickel business. Tesla is just the start, the fireworks will start once the traditional German and Japanese car makers ramp up on EV vehicle manufacture.

https://www.proactiveinvestors.com.au/companies/news/970926/nickel-and-zinc-have-joined-the-critical-minerals-list-here-s-why-they-re-important-970926.html

In Russian it would be Kola Nickel OOO. In English "OOO" is "LLC".

@Bacefook
aaahhh!! 1 hour with Neo, I don't want to win this. My prediction £1,000,000 per share!

Information that business is being organised in separate streams - PGM, Nickel and Hydrogen is really what I expected. This in my view is reaching different strategic arrangements / including equity participation for each of the core business lines;

1. PGM for own Hydrogen business and to supply to 3rd party Hydrogen producers / vehicle manufacturers
2. Nickel for EV deals similar to the Tesla arrangement
3. Hydrogen is their own downstream production division

EUA is much more about the sale and dividend. That is only one of the stories unfolding

This is becoming a NN2 of sorts

Today increased my holding from 320,000 to 400,000 shares

@BBaggins

I take it then that you believe in the efficient market hypothesis, that the market at every point in time prices things correctly. For me that is theoretical economic drivel.

On how efficient the market is, in Aug 21 I invested in an ASX listed Lithium explorer (in the DRC) and the the market cap at the time was approx A$600 million. The market knew for some time that this was the largest undeveloped Lithium deposit in the wold, had the backing of the DRC government and was signing offtake agreements. Despite this what transpired in just 4.5 months is that sp increased almost 5x to a current market cap of A$3.3 billion

Just like that Lithium explorer, EUA has the sought after resources in the ground, has support of the Russian government, has signed on to partnership agreements and is on an ongoing basis providing the market with information that keeps on improving the economics. The market has not moved the price but just like with my Lithium explorer there will be a trigger event (be it only risk appetite or greed) that at any point in time can start a 5x (or more) rerate.

Gaza, I could not have said it better, my sentiments exactly!

Gaza,

I first went into EUA almost 20 years ago, when it was a small explorer. This was a small amount and I held for just under 2 years and then sold out as nothing much was happening. I then forgot about the company as I focused on progressing my career in Finance & Accounting

With all the interest in PGM / Battery metals in early 2021 I remembered EUA and was curious to see how it was getting on after all these years and wow I was in for a big surprise. EUA has now become one of my top holdings and I feel that there is a huge upward revaluation of the company coming up "shortly", ha ha

https://www.kitco.com/news/2022-01-11/Meeting-future-demand-for-copper-nickel-will-not-be-trivial.html

https://www.nasdaq.com/articles/metals-nickel-prices-soar-to-highest-since-2014

Nickel very strong, highest prices since 2014. LME sticks are very low indicating that further price rises may be on the horizon.

Tesla Nickel news a further indication how valuable the EUA resources are. managed to buy another 40,000 shares so holding now 320,000 shares.

The likes of Tesla and other large EV producers would be very keen on getting a longer term supply arrangement with EUA for both Nickel and Cobalt

On the other end we have the Hydrogen economy, where again there will be significant demand for the PGM

Not sure if there is a better situation were one can say right place at the right time

Our Russian employees are all back to work on 10 January, so next week it is back to business!

Second top up for today, another 15,000 shares. Total shares held 280,000 and another 20,000 needed to get to my target of 300,000.

Looking to reduce holding on an ASX listed lithium miner Monday to get me to 300,000+ EUA shares

Absolutely love that sp remained range bound since my first purchase in 08.21 of 100,000 shares. Almost trippled my holding and sp has not moved even with huge positive news flow.

15,000 more shares purchased this morning, now a holding of 265,000 shares. My target remains 300,000 shares

NO, net income is not the same as sales proceeds.

Firstly from the sales price will need to be deducted all the costs and commissions on a succesful sale (to all the professionals involved in the process). This will give the net sales price

Secondly the assets sold will have a book cost, Net Book Value (NBV) in the balance sheet of EUA, so the final net income will be = net sales price less NBV.

Let's see if it is nonsense. For me no and I have put my money where my mouth is