We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I couldnt agree with you more Lloyd...the warrants are in place for a reason....guarenteed funding for an exploration company !!! so whats the problem when they are exercised. Everyone invested in EUZ KNOWS exactly how many warrants have been issued and its even published on the EUZ website.....a LOT more imo opinion will still be exercised. However this gives me assurance that moving forward we will have the funding at the right time as per LR's presentation !!! Some of the posts on this BB are really starting to p**s me off and I am seriously considering deleting my profile and getting off of this BB. ANyways..thats me signing off for the day.
Selling on £40k’s worth of warrants. Some people deserve to lose if you are selling off the back of that. Less than 1% of the company ffs
No need to get excited over issue of warrents. They're all known from the last placing. It could explain a sell or two that have now bought in.
Onwards and upwards
GLA
Which have already been sold anyway
thats more than a 20% drop I don't think it will, perhaps 0.03......I'm topping up if it does
Well this board is not going to be work a **** today on £40k of issued warrants coming to market. Jesus
Or another Raise next week, then the week after lol
well hopefully crap news now out of the way and a blockbuster next week
lol
Had enough of this ****e share, placing after placing on the AIM CASINO
Guys...dont be stressed with these take ups of warrants....its a very good sign imo.....we will have enough money in the bank to deliver the next phase of drilling...imo Cu will be added to Jorc at some stage...also it gives us a level of confidence that BH and DB are still very much part of the overall strategy for EUZ moving forward....very positive IMO.
Hopefully the imminent JORC update will cushion the potential fall of the SP a bit
MM that was copy and pasted from Linkedin? exactly his words, if I could post a screen shot I would, anyway like you say he's not going to tell me either way, but I thought I would share the info with the board to keep SH updated.
Europa Metals Ltd
("Europa Metals", the "Company" or the "Group")(AIM, AltX: EUZ)
Exercise of Warrants and Issue of Equity
Europa Metals, the European focused lead, zinc and silver developer, announces that it has received notices of exercise in respect of certain pre-existing warrants to subscribe for 166,666,666 new ordinary shares at a price of 0.025p per share (the "Warrant Shares"). In aggregate, the exercise of these warrants amounts to a cash subscription of approximately £41,667.
Admission to trading
Application will be made to the London Stock Exchange for the admission of the Warrant Shares to trading on AIM ("Admission") and to the Johannesburg Stock Exchange for quotation on AltX. It is expected that admission will become effective and dealings commence on or around 29 October 2019.
People do need to brush up on what price sensitive means though.
That reply, whether it's him or isn't, is not. Price sensitive means giving out specific information like 'We've had really good signs of copper' - that would move a share one way or another prior to an official RNS. There's nothing said here that gives the game away to a good, bad or neutral RNS.
All that's implied is that the RNS will be comprehensive. Most JORCs are. But comprehensively good bad or awful we do not know.
JMA46....that reply doesn’t display very good grammar, and if i know one thing about LR, he knows how to write proper sentences.......sounds like porkies, also sounds like privileged info that shouldn’t be shared here in any case.
Yes I suppose you’re right, hopefully it’s not too long now
JMA46..at least you got a reply. Imo if they were going to release Rns this week...they still wouldn't tell anyone via text or email. PRICE SENSITIVE..could they?
Been on LinkedIn again and asked LR if he had any idea when this would be released? This was his response below. I asked him again for a rough estimation but got no response.
There will be an rns update once we have completed this quite detailed/ important piece of work. I intend such an update will be comprehensive
GLA
I was just having a read through this RNS and I’ve done a copy and paste from part of it. Do these warrants have to be held for two years or can they be cashed in at any time. The bit that caught my eye was that for every two shares bought they get a freebie so if they can dump them for profit at anytime it’s no wonder that the sp isn’t moving. Or am I looking at this incorrectly. Sorry if I’m being a bit of a f***wit.
In addition, one warrant exercisable for a period of 2 years from Admission at a subscription price of 0.0375 pence per Ordinary Share will be issued to all participants in the Fundraising for every two new Ordinary Shares subscribed (the "Fundraising Warrants"). Accordingly, 2,000,000,000 Fundraising Warrants will be issued pursuant to the Fundraising
So they have a bit of time to exercise:
Warrants exercisable at 0.025p each on or before 30 April 2022 3,000,000,000
Broker Warrants exercisable at 0.025p each on or before 30 April 2022 138,000,000
Warrants exercisable at 0.0375p each on or before 1 October 2021 2,000,000,000
Broker Warrants exercisable at 0.025p each on or before 1 October 2022 240,000,000
I think they will hold off on exercising but we will never know.
£1.5m (Thanks). So whilst uncomfortable for the PIs, it does mean the company has finance depth to pursue the course LR recently plotted in his podcast. Interesting time afoot.
£1.5 million
Nice rise now coming into news..surely we'll brake 0.05p this week.
One for contrarians like me. Not for widders and awfuls
Warrants are exercisable at 0.0375 so the sp would need to be mid 0.04s before they consider exercising them. They still managed to flip 2 x 12.5 million right at the end on a low volume day. Let’s see if there is a late print trade again