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Bobby taught me a big lesson in life on this BB....not to believe everything you read on this site :-) they publish what they want you to see .....guaranteed the reversal will come through tomorrow under today’s date.
Haha yes no stickability that's my problem Bobby.
Doc - becuase they're notfrom today
Interesting... in the MyTerminal view (Premium option on this), the 13.:12 trade was cancelled out immediately... In the Trades page view, the cancellation is missing....
LSE platform at its best... :))
Why those big sell trades not showing in Google page!!!
BB as I said they won't be from today, so they did knock the share price, but it's done now
It’s only one big sell....reversal will come through...
https://www.londonstockexchange.com/stock/EUZ/europa-metals-ltd/company-page?lang=en
they def aren't recent as volume to sell at 8p has not been that high.
I don't think they cleared yet but prob part of what pulled down the SP in the first place
Those are fair sells though I must admit. Okay I've changed my mind, permission granted for everyone to panic and sell up.
Zinc is still way off it's 2018 high. Some 'big boys' took stock at 12.75p which, as I always say will be well below what they consider fair value. I don't think anyone is overlooking anything, we've discussed the apparent funding gap for PFS completion. The warrants or EU money may cover it but until that's official many will be put off. The drip of small sells doesn't worry me though the impact it has on the SP is a frustration. The only thing that worries me at all is the deleterious elements for which we still don't fully know the potential impact. They're saying until we have established smelter compatibility we won't get exact figures on the impurities we have but I still think we should have been given more detail.
Fair enough CHRI5P I didn't intentionally exaggerate and double checking it was October 19 that they engaged Citic, I had in in memory that it was vaguely summer 19. I have a bit of EUA from a reasonably low level so if it does sell for over £1B I'll be extremely happy. My point really was that until they deliver an asset or company sale nothing is in the bag. They certainly have some sexy metals but like you I certainly favour our location and Zinc is tipped to get very hot.
Shed I think the EUA RNS was very good news and a sale is days/weeks away not months. The banks were announced just over 11 months to do some digging but a formal sale was in July this year. EUA have kept increasing the area to mine during the process with a huge license announced last month even. They also have been mining 3 years and already have funding in place for their big project. They could go it alone but that is risky. However, EUA's mine is in Russia. EUZ will be a much simpler sale if and when the time is right. If EUA does sell for a large amount then other AIM mining projects will get a huge lift.
Is this the new norm then ? I always thought the buy price was catalyst that drove markets.
can buy in much higher volume than sell, but sell price above buy price.
Interesting that Bricks, they've had the 'For Sale' sign up for over a year and the RNS yesterday was not much more than a morale booster to hopeful holders but they haven't delivered the sale yet. EUZ has a different culture with LR as yet refusing to commit to a sale, JV or go it alone. It's not pumping the SP like at EUA but I'm more confident of a result ultimately here. I do think it's just worth contemplating that you can get the 'we're for sale' flags out all you like but we could be sat here hoping this time next year just like at EUA.
I see EUA flying today.....maybe some profit takers will stick some in here....and we can hitch a ride.... :-)
Sheds I am very confident at the moment. Done my homework and have placed my bet. The Scoping study on its own makes a compelling business case for any suitors...The new economic assessment is eagerly awaited by all and sundry no doubt... I suspect with the new ore sorting techniques used in the last Mets and adopted in the new PEA it will bring new interested parties into play both from investment and further development perspective. All goodly imo. Best D
Let's hope so Brickz. Surprised we haven't had an update on any of the work streams for over a month, not so much as a borehole! Hardly surprising that some traders will fold if they don't get a quick result and down we go on low volume. I remember someone who had been bashing this for ages declared a position for a quick trade about a couple of weeks ago, people like that are happy to exit with a loss rather than stick around. Not knocking their strategy, after all I'm now down in both trading account and ISA. Confident of big news soon though, aren't you? ;)
Lets hope the dog is not walked down any further....:-) It must be running out of legs soon. GLA
Always been the dog of my portfolio this one..
Should have got out in the spike, you live and learn.
For now, back In the bottom drawer
Bricks, I meant to say in the original posting- forgive the sarcasm, as you know it wouldn’t make anyone happy to watch the sp of a share they hold keep going down
Hi Bricks, nice joke I’ve not heard that one before, brought a smile to my face, now that is a rarity on this bb.
ATB, Pete
I’m happy you so pleased Pete. You hear the one about Grumpy when he was feeling happy in the bath ? Apparently Happy got out ...:-)
I’m so pleased we gave a big chunk of the company to the bod to incentivise them and look after the share holders. It makes me feel all warm inside every time I look at the sp going down again. I’m pleased I only look in here now and then I don’t like to see my money wasted but that’s pretty much how I feel right now. If we got a brilliant RNS right now all that would do is push the sp back to about 12p on the spike then we’d watch it drift back dow again. I’ll check back later to see how much abuse I get for daring to state the obvious.
ATB, and good luck cos we’re going to need it. Pete