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I think you skimmed my post and got the wrong end of the stick, read a bit slower and definitely write more carefully and we'll all avoid these misunderstandings.
Having read Oiltap, Amaretto's and Martina's posts it looks like Christmas may come early this year :-)
We would be very naïve to ignore these opinions and I tend to agree that the asset is being viewed by many mining houses currently and I will not be surprised if a deal is already being negotiated based on the preliminary scoping study which is being finalized for general publication...I expect two RNS's to be released concurrently. One with the scoping study and the other one a cautionary notice to advise investors that the Toral asset is being sold or JV/'d. Also I am convinced that there is more than one mining house interested. This will be very good for us shareholders as CB will ensure we get the best deal...and play one off against the other. My opinion only but I enjoy scenario planning and this is another one. All thoughts welcome...:-)
Clearly you didnt hear the podcast properly! He sounds like hes tryimg to dodge traffic not uncertainty! Are you a deramper? This already probably has buying intrest and am not surprised if this goes over 19mt! They already checked the previous evidence from the last test where true. Shedulick please base any arguments you have on facts amd not tones of peoples voice jw was more preocuppied with lawrence not killing himself hence the voice not a geometry lesson
Finally got round to listening to the latest podcast. Now if I was being cynical Justin Waite seems to have adopted a different interviewing style with LR from gushing enthusiasm to hesitant uncertainty. I wonder what are the odds we're about to get a geometry lesson with Nic showing a retrace to 0.1???
It goes up or gets paid in a divedend
If bought where does the price go up...or down?
Euz like many other aim companies is just another company where derampers who havent invested or have no clue attack. The impatient have pulled out let them i wont a share that sticks to its investors if this takes 2-3 weeks longer to see an ss so be it.
Well, they still had over A$1.2m at the end of June 2018, according to the Finals Statement today, So I shudn't think a placing is needed , or imminent, given that MC knows how to conduct a cost-effective drill programme.
These SS and FS Study programs do have "slippage" and that's wot we've seen here. You shudn't promise exact dates though - perhaps LR will learn from that experience (JT didn't). You also shudnt respond to endless probing from people like Justin Waite either. You just say "Wait for the next RNS" and leave it at that.
IMHO. DYOR. GLA.
Agreed Oiltap, looks like a "For Sale" notice to me.
I shud imagine that interested parties are currently being politely escorted around the minesite as we speak, followed by Tea & Tiffin, and a nice glass of bubbly !! Ever seen the film "Local Hero", think Denis Lawson and Peter Reigert/Burt Lancaster, scene. "So you'll add $20m for the local cinema then ?"
IMHO. DYOR. GLA.
Does anyone care what JW says as I would rather listen to the CEO.
I'm not sure you are correct there for certain, Justin has actually said that he hasn't de-risked in Euz yet - it was Pete who said he had, and thought that Justin had also. From what I read, JW is holding for the long term here and making an exception to his normal rule of de-risking at 100% (which is hardly selling out or not an astute thing to do, is it?)...
Followed by the main course, should be a fascinating couple of weeks in anticipation of the SS.
Optimising all the data old and new to get the best possible result. Like LR said there’s no point rushing it at this stage.
Wow you that desperate to get back in already but you struggling for funds muppet!! I’d be more worried about the amount of serial rampers you’ve got over at OMI ps carry on posting here and I’ll quite happily start posting over there.....
You need to get a life. Sold out and lonely and only thing you do all day is post on BBs
Quiet here will the last one to leave please turn the lights out.
jW and mates derisked BTW
He is ceo of bzt so he could be in spain, Australia, argentina or indonesia mans got so many mines and places to be no idea. Australia because of asx.
Interesting that at 29:30 LR chuckles "so many timezones". Wonder where he has been then. Sounds like the SS will also benefit from the additional lab testing that is currently underway. Better grades? Other credits? Interesting October to be expected.
They had little more cash yes and I don’t know about the sticky shares. But when you see we have roughly double the tonnage at similar grades and less than half the market cap at the same stage of exploration you would think we would be a little higher than we are.
Thats good however did they have loads of money in the bank. More shares bought up? There could be a few reasons for that i just know at the minute we have a lot of shares in float so they need buying up to get this going in the direction it should be which is north
The market cap of energia minerals(Alta zinc) at the time of scoping study in March 2016 was $29m. The main asset was the Gorno project which at the time had similar grades of zn+pb with 7 - 11 mt resource. In comparison we have a much larger resource and a much lower market cap. The crazy world of AIM.
I think market cap by christmas 30+ million if not already jv or bought out completly
Oiltap - exactly my thoughts. It’s all there in plain sight. Remember we’re £8m mkt cap now, we’ll be significantly higher by Christmas and I do mean significantly. All IMO.
Someone bought the whole company!!! :)
It’s crazy how the market cap is around 7.5 mill