Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Also ask him how many Mining Licenses have been awarded in Spain with No PFS….it’s ok to apply without one …..but I can tell him only 1 in 10 applications succeed WITH a PFS.
None have succeeded without a PFS….. FACT !!!
Highside …Chrisp Is either MC in disguise or getting paid to punt this share. Look at his bigoted posts ….he talks about not being concerned and the license not being guaranteed in the same sentence !!! Also talks about EUZ becoming a shell company …..wtf ? Is he priming the masses that’s it’s ok to sell the crown jewel for $4m when the loss on the books is over over $24 m?
I mean this dork should not be spending public money !! EUZs administration costs exceeded their exploration costs!! Get Chrisp to ask these pertinent questions to himself !!
On the one hand you talk about not
Ah the old conspiracy theory. Wondered when that would crop up ....again.
I honestly and truly do not believe anyone is put off buying or encouraged to buy as a result of chat room banter/gossip/ cat fights or personal insults with the exception maybe of specific questions/answers . the old saying DYOR rings true. You have to credit people with a bit more intelligence than that if they are really gambling their money on the AIM. It is managements job with their own PR to promote the company and sell the story , its nothing to do with holders, ex holders or perspective holders and that is why any attempt to do so is seen as ramping or de ramping. You hold stock in John Lewis, you don't stand outside Waitrose telling passers by how good it is....lol
Quite frankly if people are guided by people on forums like this where everyone without exception ? ?? has lost money or is in the process of loosing money they deserve what they get :-)
Every stock on the AIM has a jam tomorrow bunch and an, it will never happen, bunch yet everyone expects their little forum to be the exception. :-)
Hi Grappa, I do get your point and I do read your posts. However, BricksSA's posts the same unhelpful ***p and is not genuine in what they are trying to achieve. They might put off people buying and actually miss out. They have been saying for 18 months we need a PFS and so far they have been proved wrong. So IMO they have zero to contribute but a lot to disrupt, hence I have filtered them.
Depends on the motivation for the 'debates' raised here recently IMO Grappa. If they are genuine concerns then they can be answered swiftly with a simple email rather than repeatedly flagged on here. It really isn't difficult to find the answers so for me certain 'other views' look more like scaremongering rather than debate. Personally I'm satisfied about the status of our ability to continue exploration and the legitimacy of the MLA but if I'm certain of one thing that won't stop others who want to assert otherwise for reasons that only they truly know.
Agree Highside. It's a forum for discussion with different/balanced views. Sometimes people fall in love with a stock and let their emotions get the better of them. It also can create tunnel vision where people won't allow themselves to listen to other views which can be dangerous and costly.
RE: my post last week
Anyone looked at the sells today ?
anyone going to the AGM next week ?
Excellent idea Chrisp….I’m happy for you …the smell must be awful !!
What i find "amazing" is you think that because someone sells out because they don't believe the SP will change in the medium term, they lose the right to an opinion or to keep abreast of things with a view to maybe return at a more favourable period for the company ?
This very new idea that you are right and everyone else is wrong so they should either be cancelled or keep quite is growing across society and I really don't think you understand the point of "discussion" or "Discussion forums" which is why i wonder what you are doing here ?
BricksSA I suggest you read all the RNS's and you'll find what you're looking for. However, it is amazing how some people will spend their time on something which is really not a concern to them other than revenge on a company they lost a huge amount of money on. Bitterness is a dreadful state of mind. Filtered
Yea keep posting Bricks...but maybe have a wash :-)
Please keep posting Bricks. I don't contribute as much as I used to as I've mothballed this stock and only check in occasionally. However I do appreciate your unbiased and factual comments.
Glad to see you are not concerned about the mining license but in the same breath say it’s not guaranteed. Welcome to the real world.
FYI…the document is right up to date and was updated in 2019 with latest EU mining law.
It also tells the difference between an Exploration permit , Investigation permit and Extraction permit which is the current process btw. Now EUZ had an Investigation permit which expired 15th Nov. not an Exploration permit. The document also refers to two types of exploitation permits which can be granted. The one being where you can apply for an exploitation license without a PFS and the other with. Please read it so you can understand. In addition in the Denerius presentation they talk about doing a Scoping Study in 2024. The problem I have is we have already paid for a Scoping Study which was delivered by EUZ some time back. Yes you will say that this Scoping study is to prove up a greater mining area but would the exploitation license not then have to be updated to include this ?
Yes, the MLA is in and we did not need a PFS to submit the application and yes you were wrong and again yes I think everything is going to plan regarding last years agreement with Denarius. I am not concerned about the MLA but I don't think is guaranteed. I also think the document you posted could be out of date. EMI and Denarius (who you invested in apparently) are not fools and I expect they have done their due diligence but at 2p I would suggest EUZ is valued at a price that the MLA will not be accepted and EUZ will be sold as a shell company like some other poster suggests. However, if the MLA is granted and the area of the resources increased then EUZ will multi-bag many times.
Fortunately my budgie is still alive :-)
https://s29.q4cdn.com/901583928/files/doc_presentations/2023/09/dslv-corporate-presentation-september-2023-final.pdf
PS….my canary died :-(
Chrisp….sorry about the smell….your post 26th Oct ….. When you have a MLA in it overides the expiring exploration license because the reason for receiving an exploration license is to complete an MLA. Additionally, you are now aware that you were wrong when you were adamant we would need a PFS first before the MLA. Everything is going to plan since the agreement with Denarius and may it continue.
What on earth is wrong with you ?
People who have sold out may well buy back nearer the time, its called trading. Exactly why these forums exist.
People dont "hang about like a bad smell", who on earth do you think you are...jeezzz
Bricks has the same rights to p;ost here as you, probably more rights given the years he held, the AGM and zooms he was involved in and his knolwedge of EUZ... not to mention the confidence he had here reflected in the size of his investment.
I for one am very intrested in what he has to say going forward..
I have never, ever said the MLA is a formality so please get your facts right. In fact, EMI might need to submit more information and even then nothing is guaranteed. However, when I sell out of a company I won't keep coming back like a bad smell.
After all we are talking about the same company that thought they could publish financials with a Jorc report and ended up delisting from the ASX. Now if you had bothered to read section 1.6 of the document I posted you will find that the MLA should contain a feasibility study. In addition if you read a bit further you will find that if the mining license is not granted….then investigation can continue until expiry date…..me worried ? Not at all ….however…You really should be because if it’s not awarded Toral is history as far as EUZ is concerned….For a lot of people and some of my friends who have invested here I am hoping that it is awarded by the way !!!!! But stop trying to make out it’s a formality as it definitely is not.
Chrisp…I don’t need your permission to post here. I am an ex investor who is still very interested in Toral. Can you name a few exploration companies in Spain you have invested in please where they have applied for a mining license not having completed a PFS and have been successful in the application ?
Why are you worried BricksSA I thought you had sold out? I have had many investments where the exploration license ended but the analysis still went on due to the MLA being submitted. You really don't need to worry yourself about these minor details anymore.
Https://rmis.jrc.ec.europa.eu/uploads/legislation/MINLEX_CountryReport_ES_2019update.pdf
For those interested in the MLA process in Spain.
Has anyone asked Myles how EUZ is operating at the moment as the exploration license expired 15th Nov 2023 ?
I don't think i have ever seen a share with so many "corrective" trades. I always assumed small quantaties were MM's balancing the spread sheets but the stock doesn't have nearly enough trades to need to balance out. I would go so far as to say the trades under £10.00 are more than those over, most weeks.
I wonder what its really about here ?