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…..I expect the following to happen over the next few weeks…..please let me know if you think differently.
1. Updated JORC for lead,zinc and silver from indicated to inferred with possibility of increased resource.
2. TR1 for DB….increasing their holdings.
3. Start of drilling campaign for copper and to increase resource
4. Notice of AGM. (and we can try and oust the walking bonus point)
Think you mean inferred to indicated - Met values too.
Thanks Gizzard....Fixed....
1. Met results….
2. Updated JORC for lead,zinc and silver from inferred to indicated…with possibility of increased resource.
3. TR1 for DB….increasing their holdings.
4. Start of drilling campaign for copper and to increase resource.
5. Notice of AGM….
I believe the mets will take longer. The JORC will definitely come first and if the workshop with AMS really has saved a couple of weeks then it should be less than two weeks for them to land.
Shed, there maybe positives in this company but I don’t think it will be anytime soon when we recover from a 30% drop. Unless of course someone shouts “there’s gold in them thar hills “. But that’s as likely as anyone getting rid of LR. I’m certain there is value in this share but I think it’s mainly for the big boys. GLA
@Newbie.....The pending JORC alone will more than double the SP imo......DYOR.
Check the value creation curve on this when it moves from inferred to indicated.
****s://www.888markets.co.uk/blogs/1-reason-add-europa-metals-watchlist/
replace 888 with vox and **** with http
Oil/Bricks, a few days ago everyone here was like Del Boy telling Rodney that we’re going to be millionaires or in my case nice little earner. Then the rug got pulled from under everyone’s feet. No amount of research can cater for that and unless something startling happens in the next few weeks I can’t see the share price moving that much. If as people on here suggest EUZ will position themselves for either a JV or sale I honestly believe things will be played down again. If the bod were going to trumpet EUZs worth from the rooftops they would have done it by now to get the sp moving up again. All IMO of course
@Newbie...TBH I think LR is actually ashamed to face the public and the music. He damn well knows that insider trading took place !!!
Despite management I believe the asset is still there and will pull us all through in the end....Please check the link I posted and see what happens to a share price when the resource moves from inferred to indicated and ultimately measured. The risk reduces and imo there is still a lot of money to be made....yes we may get diluted along the way but value creation imo will offset the dilution.
Bricks, thanks for the link I did as you requested and follow the link. Very informative and well presented. Given the report date of last year, how did yesterday’s fiasco affect the findings within it. I assume that the picture has surely changed even if it by a small amount. Therein lies the crux of why all of us are here. I’m not being intentionally negative, it’s just the way things have been done that’s really got under my skin
We will be above 0.3p by Friday and 0.4 again soon enough ! We are at a higher low now and will move on to higher highs !
0.03 and 0.04 obviously .. . . lol
Let’s hope so, but I can’t see much buying going on right now even at these low prices, no one it seems willing to risk more cash averaging down. Fingers crossed this improves for every one and we don’t get caught again. GLA
Well some just bought 100M delayed from earlier at 0.028 lucky buuggers.
Someone took 99mill before 9 ??
That's big hit, I understand your reasons. but this has come through the pain barrier and sticking with the discounted TP valuation for starters. The mcap is ridiculous to the asset value. imo gla
Bobby I wish you all the best but after all that time couldn't you have waited a couple of weeks for our first indicated?
Sorry to see you go Bobby. I too would have thought you would have waited for our first indicated JORC.
Good luck mate.
Wouldn't it be great to be a fly on the wall so we could have a little gander at those Jorc figures before they were typed up!!!.
Gla
You mean like DB might have...............
There's buyers down here - bargain hunters, if drops it gets bought can see it improving
@Leslie. That's something I hadn't thought of :-) .
Gla
Whatever happened to Researchanalyst1.....you think he was from DB and or BHC ?
@Oiltap - I'm working on the basis that 'they' know far more than we do. As you pointed out yesterday, it makes sense to pursue a similar strategy. I would add a caveat though - it seems 'they' get to know before we do and that makes it hard for us lowly private investors.
BricksSA - good shout.