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Depth 5
10:50 SCAP 3,000,000 0.014
07:58 STFL 3,000,000 0.014
07:37 WINS 3,000,000 0.014
10:56 CFEP 3,000,000 0.013
07:52 PEEL 3,000,000 0.013
5 Depth
0.016 3,000,000 CFEP 10:56
0.018 3,000,000 PEEL 07:52
0.019 3,000,000 SCAP 10:50
0.019 3,000,000 STFL 07:58
0.019 3,000,000 WINS 07:35
For those with Level 2... is it as red as the price implies, or is this just another intraday blip...
T
17 trades and pm RNS! Unbelievable but true!
I'm obviously not as its Laurence not Lawrence :) seriously drop him an email or the company secretary it's on the website.
Yes I am fully aware that we reclaim VAT on costs. However the 6 months accounts show almost au 400k is owing on exploration costs of au900k. approx
As you are on first name terms with Lawrence perhaps you could ask him when the pubs reopen of course.
We're not selling any goods and services or commodities yet to repay the vat on. As we are commissioning contractors and conducting work with laboratories on which we will pay vat I'd have thought we are a net reclaimer of vat. Why don't you ask Lawrence?
BricksSA
Many thanks, I checked the notes from last years accts and it was VAT and GST owed - Having had some experience with SHG regarding VAT not being re-paid, do we have an issue here too? AU 369861 due to the company equates to a lot of VAT and perhaps over a year. Perhaps if the answer is VAT & GST you could ask if they are receiving timely refunds from the government. Difficult question but once bitten!
I was just covering for you Bobby as I thought you might have furloughed yourself from the board.
Sure he does ;-) ;-) ;-)
I just knew we wouldn't hear about any Exec wage cuts until April, now they can just say "Taking effect from May the Directors have voluntarily.........". So blimmin predictable, if they do it with immediate effect I'll take it all back and send an email of apology to LR as we know he looks in here occasionally.
@Arttrader..I have sent a query to EUZ and will let you know once I receive the response.
Very valid point. FWIW... I emailed LR on this very subject..his response is below. GLA,
"We shall never say we are just trying to sell toral..On the current situation we are working on further budgetary measures and will announce when done.
All exploration companies pretty much have the stated strategy to progress a project through the path for best value for its shareholders."
Morning guys, this was the opportunity to pass on to shareholders about future plans 2020/21 it’s fine listening to LR on video, but I read the official RNS, not what somebody says on a video feed. It does seem there is no plan after mets. I appreciate all the knowledgeable guys on this bb, but yesterday was the day they could have instilled some confidence in our future plans. Good luck everybody stay safe.
Anyone any idea what the current assets are made up from under Trade and Other receivables au369,861 ?
There’s no trade receivables, maybe some VAT owing ?
RNS Number : 0150I
Europa Metals Ltd
30 March 2020
30 March 2020
Europa Metals Ltd
("Europa Metals", the "Company" or the "Group") (AIM / AltX: EUZ)
Results for the Half-Year Ended 31 December 2019
Europa Metals, the European focused lead-zinc and silver developer, is pleased to announce its unaudited results for the half year ended 31 December 2019 (the "Half-Year Report").
Please see below extracts from the Half Year Report, being the:
- Directors' Report
- Consolidated Statement of Profit or Loss and Other Comprehensive Income
- Consolidated Statement of Financial Position
- Consolidated Statement of Changes in Equity
- Consolidated Statement of Cash Flows
A copy of the full Half-Year Report is available on the Company's website at www.europametals.com
For further information on the Company, please visit www.europametals.com or contact:
Europa Metals Ltd
Dan Smith, Non-Executive Director and Company Secretary (Australia)
T: +61 417 978 955
Laurence Read, Executive Director (UK)
T: +44 (0)20 3289 9923
Strand Hanson Limited (Nominated Adviser)
Rory Murphy/Matthew Chandler
T: +44 (0)20 7409 3494
Turner Pope Investments (TPI) Limited (Broker)
Andy Thacker/Zoe Alexander
T: +44 (0)20 3657 0050
Sasfin Capital Proprietary Limited (a member of the Sasfin group)
Sharon Owens
T (direct): +27 11 809 7762
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.
Directors' Report
The Directors present their report on Europa Metals Ltd ("Europa Metals", the "Company" or, together with its controlled entities, the "Group") for the half-year from 1 July 2019 to 31 December 2019.
Directors
The names of the Company's Directors in office during the half-year and until the date of this report are set out below. Directors were in office for the entire period unless otherwise stated.
Evan Kirby
Laurence Read
Myles Campion
Colin Bird
Daniel Smith
Review and results of operations
Operating Results
During the half-year from 1 July 2019 to 31 December 2019, the Group recorded a net loss after tax of AUD1,399,416 (1 July 2018 to 31 December 2018: net loss of AUD1,534,312).
Toral Lead-Zinc-Silver Project, Spain ("Toral" or the "Toral Project")
Following the completion of the Scoping Study announced by the Company in December 2018, workstreams have focused on additional resource drilling, geotechnical drilling, metallurgical testwork and environmental baseline studies.
On 25 September 2019, the Company announced assay results for drill holes TOD-021, TOD-022, TOD-023 and TOD-023D, in respect of its drill campaign initiated in May 2019. The drilling programme provided valuable information for initial metallurgical test work analysis, in order
Half yearly report