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Yeah I saw 2nd rns but nothing showing
Probably another PME so the to55ers can balance their crooked books again!
What's up showing a 2nd RNS but nothing visible or on Investigate
ETF = Exchange traded fund
Looking like a key reversal day today get ready for lift off!
This last week has been a resolve to test our patience by the mms. They do it all the time on potential good risers, building their stack ready to dish out at a huge profit on the next big spike? The mms are in some ways like pi's, bottom fishing. Only, they decide and set the bottom, they never lose
The strong go long, the weak squeak, peeps creep!
An ETF?
Nice to see nearly a whole blue buy list few reds but cert looks like the worm that turned today long may it continue ...... Gla
Must be ready to bounce back over 0.05 very soon.
A word to those who got mugged today, low volume small caps are volatile, if you don’t have the balls to hold through a profit-take, don’t invest, go buy an ETF. ...:)
Buys Incoming...
Thanks Oil unusual for someone to agree with me! Shatner have you had comms from LR & MC that they're visiting Wardell Armstrong?
so my process engineer was correct it seems..
https://mineralseducationcoalition.org/minerals-database/arsenic/
Buying momentum returning...
0.0433 - 0.0448
Much more to come - imho
We appear to blue
Sp does seem to have stabilised at around 0.42p average. But you know how fickle some investors are with their fading rainbows. Some can't make up their minds if they need a sh/it or haircut.
LiL
have been at Wardell today and working hard on the Mett.
Sentiment turning here and those who got robbed will soon realize the error of their ways when Toral is sold.
we have now gone blue :)
I wouldn't expect that to happen but in any case the increased cash position would be reflected in the sp and you could take your profits by selling stock.
Not looking too bad really.
I've been looking into the 'special dividend' situation and if the asset was sold for an absolute fortune it doesn't necessarily mean it will pass onto the share holders via a special dividend.
They could just bank the cash for another project.
I'm really hoping this is not the case!.
Gla
Silver now $19.42 live price - this getting better for all holders
Logic says they sell the bulk of the project and hold, say, 15% for long-term dividend flow. They then move on to other projects. I certainly don't want them to even think of developing the mine. They're geologists, not miners, and I wouldn't put the current management in charge of a fish and chip shop, to be honest
I also like option 1...
Let's hope that happens :)
I agree. There are a few options possible with varying shades of grey:
1) Europa Acquistion
2) 100% sale of Toral and Europa remains a going concern, or, could be a potential RTO option for another company
3) JV - partial sale of Toral allowing Europa to reinvest the cash into mine development. Might be an option for longer term investors
Option 1 for me please - it's cleaner and will probably be easier to quantify once the results are in and we understand the updated JORC
Spoilsport remind me not to become a codebreaker! On the complete company sale I have heard on other boards that there are tax advantages over a special dividend, though it makes no odds if you're in an ISA. We also rescinded the other Spanish licence (couldn't find the RNS though) so it would have to be an entirely new project to move onto. LR and MC have plenty of irons in other fires anyway so would there be a motive for keeping EUZ alive? All points to a complete sale to me, finally with the pound on its knees just imagine all those juicy €'s or $'s - don't spend it yet though!!