Europa Metals Share Price (EUZ)

He doesnt need to be here while Bradley is being obnoxious for him..

Makes me laugh when he comes out with things like, "you were deramping" at 6p.....
Yes Brads and where are they now ? Its hardly deramping when it was spot on, thats just called calling as it is.
And there is you admitting you are a serial ramper....jeeeez we do get em here.
Let me explain the bleeding obvious to you
when i said the SS was being held back because it wasnt good enough to publish i was spot on. You dont hold back good news while the SP drops 50%. Its not deramping unless its all made up. I dont make things up, i just tell it as it is. As for me being several people here ? whats so surprising that more than one person thinks you are a waste of space :-)

I don’t tend to post here (tbh, the occasional childish behaviour has put me off), but the lack of scoping study data has frustrated me, so here goes...

I’ve tried to follow Oiltap’s NPV calculation advice - here’s an outline of what I’ve put into my model:

- 500k tonnes mined per year with 10 year mine life (source: Miles Campion proactive investor video)
- 6% Zinc, 4% Lead (assumed from Miles Campion’s comment on mining the high grade core outwards)
- 20% reduction during processing (assumed from looking at some typical mining recovery rates)
- $ rates for zinc and lead per the (infamous!) scoping study
- 15% zinc smelter fee; 5 % lead smelter fee (from various mining company accounts including CAML)
- 1.5% smelter royalties to Lundin AB (per scoping study)
- Spanish Corporation Tax at 25%
- Opex costs of $1000 per tonne (rough average I’ve seen from other company accounts)

I’ve modelled a few different scenarios at different discount, recovery grades and lower Zinc and Lead rates, and I get an NPV of between $180M-$230M. $200M was quoted on the Vox podcast today so I reckon I’m on the right track. How does this line up with your calcs Oiltap (or anyone else)?

No doubt he will be back!!

He seems to have disappeared?

Just to paraphrase Justsaying in a nutshell. The management's shite, LR is useless and incompetent and as a result the company's a dog. You're all a bunch of brown noses and you're going to lose your money. Now you've read it all. You can safely twit list him and move on.