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Merry Christmas everyone and have a great 2019 ...Don't worry about the negativity for the management team.. Somehow I think the value of Toral far exceeds their limited capabilities...and lets be fair.... they are very restricted ito the current market cap and the shite with the market conditions and of course Brexit,,,,,,many external influences. :-)
Lol..Is EUZ going into palm oil ??? ....sorry guys there is no correlation whatsoever.
I do agree though with Bobby's sentiments.....to rephrase in my terms...directors of multiple companies are like " bees in the spring" they flitter, suck and fly .....but I don't think the current BOD is going anywhere ....until a sale occurs. That is unfortunately the only way they can save face ...IMO If a mining house bought them out MC and his team would be the only guys part of the new management. LR and the rest would not cut it...
Still positive though that the worth of the asset will prevail. ....
There's going to be plenty of interest imo dyor etc
Bingo ;))))
Agree with you mapp. Problem with bzm is, regardless of how good of a mine bzm had, it was in the middle of nowhere. Would have cost billions in build the infrastructure and bribing the government, hence the inevitable. EUZ is the opposite, good asset in Europe in a already mining jurisdiction... this will be bought out and mined soon enough imo :). Here's to a great new year lth
AIM is a disaster. Investment makes this
world a better world. Gambling not.
AIM is a Casino for FAT CATS who
pick the best and the rest is gambled
down by short sellers. Until there is NOTHING left.
BZM is a good example
Thanks Oiltap...all the very best to you and yours over the Christmas season and to everyone else on the BB.
Here's to a great 2019 and hopefully early retirement for a lot of us with the expected slingshot for EUZ ;-)
My Pleasure Oiltap.... I do like your posts though and your thinking.... You remind me of me....
@Oiltap...You say ..."The reason the SS numbers were not released was because of the ASX ruling. " This is absolute naivity both from EUZ management and yourself..... ALL THE RESEARCH I HAVE DONE....tells me that NPV is NOT ALLOWED to be released publicly with a Scoping Study....who the hell ever said it should be released ???? and also why would AIM actually be allowed to release it ??
More for my rationale.....http://www.lse.co.uk/ShareTrades.asp?shareprice=EUZ&share=europa_metals
All sells the whole day....WTF !!!
Quite frankly I believe they should delist from LSE....too many games being played...I know the majority of the shares are held on LSE but it might be a better deal elsewhere....Like listing on the Spanish stock exchange.....
Here is my rationale....LSE 0.000465 pence per share which is equal to not even 1c on SA market....they rock solid at 2C which is equal to .0.00109068 GBP.....
ASX rock solid at 0.01 C which is equal to 0.00557903GBP...
Now lets talk market capitalization and see which market they will use....
IMO...AIM is a joke and how it is regulated...too many thieves prevail.....Everyone knows the value of the asset...yet in London...somehow they don't ????
Quindell my thoughts exactly. Great asset and after metolagical work completed this will sell for a decent return on our investments.
How this is almost a quarter from the 0.16 a few months ago simpply
Because we can’t see the darn SS figures...
At last LR avoided a time scale. He does learn then. I'd be happy to go down the options route because the elephant in the room is how much cash do we have because 2019 is going to be busy. Happy to end the year on good news even if that means not a high point (for the SP). Fingers crossed for 2019 and a market reversal. gla
@ Gizzard...Im with you....me too. -) Gives me a chance to retain my 1.3% holding otherwise its diluted.
I can't see any increase in the SP till next year now, I do believe that the board have let us down by not delivering the SS as promised at the end September. This knocked the wave of confidence that had built up on an already fragile history of failed promises. It's a real shame because everyone was gearing up to more positive news. As it is any news that's positive just gets soaked up in this uncertain market. On the bright side it does give everyone the chance to get in a lot cheaper price than I ever expected, if they do need more funding I'd be happy to invest £50k in return for options.
This is painful, I am now over 60% down on paper! Good update drilling RNS and it goes down again.
An easier way to explain perhaps is Traders may have had a pool of say 3 Billlion shares before....the pool has reduced radically IMO....I firmly believe the Investors have taken control...hence more sells been shown....less buys ....Its a game being played. Only going to be one winner IMO.
The view I have is as follows....
Investors have bought their lot of stack and are holding.....Traders are trying their best to make a market by trying to take the shares off the Investors....and I don't think its working for them either....perhaps they cant buy as easy as they used too ?? Just a view....
Back to the waiting game now!!!!! Imho.
investors buy when good news is reported
and small minded traders knock the share.
AIM is a GAME. Traders fleece and investors
pay the price. Pathetic.
Funny, EUZ is my only significant laggard (as of writing) today and of course the only one with a RNS out. Amazing how often that happens.
OT, I hear you about the depth. What do these results tell us? Apart from a little copper?