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Excellent value and multiples to come.
As been mentioned on numerous occasions at £4M cap the disconnect between sp and value of the asset is huge. GLA
I'm off all week , So will be keeping a close eye on events..
With Thanks to Research Analyst 1.....So expect more action guys......
"Now, the ‘breakout point’ of 0.0337p is the point at which EUZ’s share price destroys the first real resistance. Technical traders typically open LONG positions after a share price breaks above a known resistance. Why? Well, once EUZ’s share price crosses 0.0337p, the stock ushers in a major new upleg that runs to the next resistance level; in this case, 0.0613p. "
I have two days off work,so i am glued to the screen.
Am I the only one getting absolutely no work done! It's way too exciting atm. GLA.
L22 not much now at 0.037 moving up again a few mins
I will 2nd that shedulike, still it is very nice to see my large paper loss reducing, and in the very near future becoming a large profit.....
and it looks like the herd has arrived....or is it something different perhaps ...a top up for TP and or DB or perhaps another player ?
Would be nice to get into the 0.05's and I'd actually be breaking even! Have to console myself for now that at least my top-up has almost 4 bagged. Anyone getting in now is surely going to do very well, I just don't see this as being one of those stories that drag on and on from here. LR was very candid in the last interview about EUZ having very little cash, he actually sounded confident about it, does he know we're not going to be around for much longer?
Looks ready to pop.
Hard to buy quantitype.
L2 now showing 0.041............. That would be nice to get into the 4s
Very few to go around here.
Big spike on the way ?
L2 theres a shed load at 0.037
Yes no sign of this weakening still strong and long
@ LKC 0.00095GBP = 0.0177073 ZAR Soit will be almost 2c then....
With only 13.2% ( approx 1.4b) outwith the 20 largest holders and IMO most holders going long then the free float should be somewhat reduced by a large margin I would think.
Hi moth do you not think the free float has been swallowed up over the past week
Certainly looks like it’s gaining traction, lots to look forward to - many have been a lot longer than me, but having kept watch and buying as funds allowed from 0.00075 up to 0.0015 and back down to 0.00012 below the pacing I now have a good holding, if we get anywhere near half a penny then retirement beckons.
What is the free float on EUZ?
@BricksSA, could you clarify for me, I'm a little doff understanding the JSE share price vs the LSE. What would 0.095p equate to in ZAR?
Yes, don't run away with wild speculation. This is firstly a lead/zinc prospect. The silver is a bonus. Of note when they talk in the exceptional historical drill results of Zn equivalents, these exclude the silver.
Could be I agree, it's just that I've seen expectations get so high on other shares that you just get into the inevitable 'sell on news' cycle. Bottom line is we're massively undervalued even on current resources so any significant increase on the indicated and we should fly.
As always BricksSA , some good indepth info. It is always best to be cautious. Been in to many shares now that have had way to much optimisum and in the end fallen flat.
EUZ is hopefully my turn around share FRR ,MTFB have done me no favours lately..
Good luck all
@Sched...you are correct in saying lets not raise our hopes too high....The two known minerals are Galena and Sphalerite. Correctly as you point out it could be the high grade of these two minerals. Interesting though that Galena is an important source of Silver....Have a look at the first page of the link that Oiltap posted to the presentation. These two minerals are clearly mentioned.
Galena, also called lead glance, is the natural mineral form of lead(II) sulfide (PbS). It is the most important ore of lead and an important source of silver. Galena is one of the most abundant and widely distributed sulfide minerals. It crystallizes in the cubic crystal system often showing octahedral forms.
Sphalerite is a zinc sulfide mineral with a chemical composition of (Zn,Fe)S. It is found in metamorphic, igneous, and sedimentary rocks in many parts of the world