Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Not so sure I agree....seems like there is a very compelling business case that we all would regret if we don't go mining !! ;_)
I doubt we will be involved in the mining part. If you watch the early pod casts this year LR has always had the ambition to sell it on. It's about adding value with max efficiency. We're too small to stump up the costs to start the mine even in a JV. The terms would not be advantageous. Just my opinion of course
Just wanna see it shoot past .3 that would be lovely hopefully not too much dilution and on we go ti mine
https://www.investegate.co.uk/europa-metals-ltd--euz-/rns/toral-project-update/201810040800049512C/
Most are not showing on this site, that's LSE for you
I'm interested in investing here but reluctant to buy if we are suddenly awash with new shares.
Your right.
Either is going to happen an awful lot sooner than many people think ............. would prefer a self financing mine ,opportunities are there I feel with the mix .............. giving the opportunity away in a sale would just mean looking for something else ............ Best ALL.x
I'm fairly sure the second (unexpected) placing was for the purpose of raising funds when they didn't need money, to fund them past the scoping study and so as to not stop any upwards momentum after SS release?
One of the Agenda points for the upcoming AGM is the approval of issuance of share, to maximum of 10% of issued capital, as follows:
“That, pursuant to and in accordance with Listing Rule 7.1A and for all other purposes,
Shareholders approve the issue of Equity Securities up to 10% of the issued capital of the
Company (at the time of issue) calculated in accordance with the formula prescribed in Listing
Rule 7.1A.2 and on the terms and conditions set out in the Explanatory Memorandum.”
Are they likely to ask for cash anytime soon ?
Brexit is sadly dominating everything at the moment, together with Donald Toupe's trade wars.
But EUZ is a Brexit "Hedge", if you actually think about it.
Euro & US$ Denominated Revenue, EU Location, International Metal Prices, Metals in Demand. Ta Dah !
IMHO. DYOR. GLA.
Very quiet across all shares at the moment
Calm before the storm
Expected a few more to get on board here as the SS should be out by the end of this month and I imagine will make quite good reading.
Traders been taken out probably....by LTH's ?
But where are the share trades? Very quiet this morning. Verbs
Yes...I see some people are saying its bigger than SASA ?
All good news. "upgrade the existing Inferred resources to Indicated and will form a key component of a planned future full feasibility study"
@Oiltap.....The SS update tells me 3 things:
1. adoption of a cut and fill method of mining ....Environmental friendly.
2. decline entry followed by a raised bore production shaft.....Reduced mining costs...making a stronger business case.
3.standard two-stage flotation process ...Ease of mineral separation. No problems here.
This IMO makes Toral a very compelling buy for any mining house and a strong business case prevails here. Would you agree ?
Phase 2 infill drilling ahead of schedule - thats what I'm talking about
Following sustained work on an initial scoping study for the Toral project, being
undertaken by Addison Mining Services Limited (“AMS”), the following elements
have been identified and established as development options for a potential future
mining operation at the Toral site:
adoption of a cut and fill method of mining in order to reduce waste and footwall
dilution;
decline entry followed by a raised bore production shaft (reduced shaft cost and
expenditure on raised bore commenced only at a time nearer to future
production);
standard two-stage flotation process – depressing the zinc and floating the lead;
fully mechanised utilising an appropriate level of technology for a project of
Toral’s size; and
requisite permitting and environmental pathways determined and/or underway.
Where?
NP
Found this on another chat group.....
https://agmetalminer.com/2018/10/01/zinc-on-the-brink-of-new-beginnings/