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Exactly. You expect a minor to be able to dig holes but you don't expect him to fall in them, repeatedly.
Oops, sorry should of said reading from SS in investors presentation via video and mentioned on podcast.
Mid December in the SS RNS.....not podcast....make Bobby happy please !!! ;-)
They did not, said mid December from what he stated in the podcasts.
Fingers crossed for the JV. I don't think we are far enough ahead for a sale at the moment. Nothing announced on ASX so I fear we are about to miss another deadline which will further dent LR credibility. I have complete faith in the asset. Rabbit and hat time Lawrence. Please pull it out and end 2018 on a sweet note. Gla
Hi Bobby...I understand your viewpoint when you say funding is everything now....However a sale or part sale now will also imo be very good for SH's...The point I was making is we have enough in the Bank to cover until negotiations completed....hopefully 2 months or so if not sooner. I am hoping for this scenario.
Hi Bobby...I understand your viewpoint when you say funding is everything now....However a sale or part sale now will also imo be very good for SH's...The point I was making is we have enough in the Bank to cover until negotiations completed....hopefully 2 months or so if not sooner. I am hoping for this scenario.
Cheers Bobby. To be fair cant blame him for that, think we all are.
Sounds good to me Nisano. We now need some positive news so this can move forward. At best we have £200k left in the bank, that wont get us very far. Hopefully we get some news this week. Imho
I looked into this last week when the scoping study was released. Context is really important here - the total license area is 19.5 square km. The protected area in question lies on one ridge which appears to be relatively small in the grand scheme of things. This, coupled with the fact that we are looking at an underground operation anyway means that it’s a non issue for me. As I’m sure most of you here know, EUZ have engaged with a 3rd party consultancy called MAGMA to sort out the relevant land use applications. This is an interesting quote from the EUZ web site: “The Managing Director of MAGMA and Toral Project lead, Juan Piñeiro, is also the geological representative to the Chamber of Resources of Castillia y León.”
Imo. It will have to be this week, everything will shut down as of Friday until new year.
Cheers for that oiltap
My understanding was ‘mid December’. I appreciate that some people will interpret this as a fixed date, but I view this as a range, which for me ends on Friday.
Also I have seen on another BB about a protected forest in the mining area is this true or how do we find out about this?
Yep, was stated middle of December!!!
Up today ! Is the market finally coming to its senses ?
Am I mistaken in that I was expecting further drilling results on 15 Dec? I'm sure one of the duo said so.
why pay 2c a share on JSE which is equivalent to 0.0011 pence ?
and they paying 0.000475 on LSE ?
It has to drop......
I am just waiting to see if they drop to 1C and then we cleanup.....:)
All of mine were bought at 2c
Today's action on the JSE so far. Not enough even for a packet of smokes on which to do a rough NPV...
DELAYED PRICE ( 18/12 13:47)
Sale 2
Buy 1
Sell 2
Move 0
% Move 0.0%
Volume 1,188
Value 23
Deals 1
Today's High 2
Today's Low 2
% From 52WK High -50.00% (4)
% From 52WK Low 100.00% (1)
so if 20% = 16 MT..
…..what does the other 80% yield which as yet is not included in the SS …..
Another possible 20MT at least ??
36 MT will be awesome…..Is this on ??
Any takers ?
1,479 000 AUS$ in Bank as at end Sept 2018
1 160 000 expected outflows as at end Dec 2018
319,000 Aus$ in Bank at end Dec 2018
I think we may have enough money in the Bank to take the asset through to a sale or part sale or JV....
But not enough to complete what is planned.....so I don't think a placing soon.
Hi Oiltap...I found this in the RNS.....so it appears that only 20% of current license was included in modeling .....
In September to October 2018, Europa Metals completed four reverse circulation drill holes drilled to the East of the input resource block model as reported in the Company's announcement of 31 October 2018. The results of these holes are currently not included in the input block model used in the Scoping Study. An updated geological model and mineral resource estimates are to be completed and reported in due course.
I remember this one rallying to 0.14 on very little this year so view these as bargain basement levels ahead of the next spike on nothing. GLA.
If I am correct and it applies to all Stock exchanges...that the NPV calculation may not be made public...then EUZ BOD should have managed this a lot better and from my perspective there has been one hellavu over reaction to the SP.....This could be the steal of the year imo.....now again....very strong buy.