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I try not to be too cloak and dagger but without naming names because (after all I'm only going on instinct) a now absent poster was asking me about my holding weeks ago. No way I'm disclosing any figures to anyone I don't trust as I assume they wanted to build a picture of where LTH's might be exiting. For what it's worth I have a pot in my trading account which I will sell depending on where JORC and Mets take us, I plan to keep my ISA holding for the endgame. Oil, like you I see us being taken out and personally I don't think it's inevitable that we will drill again. I found LR's comments about the Mining Engineer Jesús Montero wanting to take this to a mine really interesting, that's either a hint that potential partners are in the wings or a message to buyers that they're going to have to get serious because we're about to get more expensive.
Average now at .0345 I know what you mean on posting the strategy but you can always sell euz easy on big volume days. Now we are being played with by the mms trying to create a market and 10mil Mcap could be tomorrow or 2020. Who knows
Lloydy - your call but I would be cautious of sharing the details of your strategy when there are so many disingenuous posters about.
i have now accumulated 100,000,000 shares to hold for a £10mil mcap. lets do this
RNS
"We are NOT so frigging pleased to announce.. .."
LiL
Yes it will be interesting to see how they head the forthcoming announcements. Throughout the drilling campaign they clearly chose not to use any emotive language in the opening pars. Would be odd to change that now but people do look for the "are pleased to announce". Mind you I've seen some disastrous RNS's across AIM with that at the top!!
Thanks Shedulike....as always these AIM resource stocks are chavvy. But i scaled in (at a much higher price) and then watched with horror how the company erroded by investment. But I have now scaled in 10 times bigger at this price. the results of the 58kg are key....more important for sentiment than the JORC that most readers wont read and go straight to the CEO conclusion LOL. If EUZ are reading this, please make the heading of the RNS positive as most investors based on that one sentance will hit the buy button to catch the incoming price increase!
That's not a bad analogy PSSW stop being so sensible, don't you know when we have red it's traditional here to go hysterical? I found CB's comments in the final results interesting, after talking about the JORC he moves onto the Mets with "More importantly, a 58kg core sample was retrieved for metallurgical testwork". I think they know they have the resource it's now about proving the economics of mining our products, as you say can they flow?
absolutely PSSW at this point for me it is all about current Mcap against what the JORC will bring to the party. There will be a clear discrepancy between Mcap and resource. That means blue and correction.
To be clear im obviosuly not saying we have oil (LOL) Im using that as a comparison with our Minerals which we need to prove can potentially flow!
Outrageous allegations :)
Look at MATD today.....been bad news followed by bad news. But they like us finally proved that they had oil and it flowed. A rerate this morning (at one point 100%). No reason at all why this cannot be the same at EUZ. We have minerals, the JORC will reconfirm this and even better the Mets will show how to get them out of the rock (akin to a flow test imo). Warrants exercise will happen, I think they are pretty much cleared already - and who cares they amount to 41K. Hardly life changing. The MMs of course marked down on the 16 million sell. Its still early in the day, this will come blue again today.
Fair enough too Lloyd- it does seem like Shed has mis-led us all ;-) .
Gla
fair enough Bill. Laurence said yesterday to me ops on track so a waiting game now. Either way we should see an uplift. I was looking for over 0.04 before it hit in honesty so not overly concerned now.
I feel slightly culpable over the 'two weeks saved'. When I saw the LinkdIn post I read it as two weeks off the four weeks guidance as it came three days after the RNS. However when they wrote the RNS stating 'four weeks' logically they would already have set up the workshop with AMS so the fact that LR announced it three days later is less significant than I thought. So yes two weeks saved making it four weeks, the AMS analysts wouldn't have turned up at the drop of a hat.
@Lloyd
4 weeks - 2 weeks (workshop after Rns) = 2 weeks.
I'm not gonna argue over it - it is what it is.
Gla
the JORC is not two weeks late. The rns said approximately 4 weeks from the 23rd of last month.
Warrants issued - no surprise, but disappointing.
Jorc 2 weeks late - no surprise, but disappointing.
Come on Euz let's have it!
Gla
jippy If I were you I'd be having a chat with your mate who promised that the JORC news was going to land 100% on Monday, don't blame it on the company
Good point. How many warrants are left at 0.025. Your correct. The next stage of warrants come into effect at 0.0375 which means plenty of funding to be injected to the company. Quite an exciting few months ahead which is why I am invested
screw it- just got 10mil more
FFS, Many private investors on here have more than 166m. Chill out it's £40K not £40m. Value the asset not the warrants and I think you will see why these institutions are taking their options.
It’s what the derampers want you to do. Panic and sell up so the price drops for them to buy in or top up cheaply when euz is already dirt cheap. Some may have sold to jump into vast or matd and will buy back later. If you believe in the asset being a monster which I do then do nothing and hold or top up which I will do tomorrow payday
from what i see they were the last batch below .375 i even posted a list of them yesterday. I hope it does drop below .03 as I will have the lot. A few experiencing nt to buy which is no real shock. Nominees struggling with the volume. A volume which has been created off the back of mass histeria for an exercise of warrants which was similar to my holding..... so what happens when I sell.... an 8% drop.... i think not.
BricksSA, just filter mate. There's plenty of good posters here and they make it worthwhile.