Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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L2 theres a shed load at 0.037
Yes no sign of this weakening still strong and long
@ LKC 0.00095GBP = 0.0177073 ZAR Soit will be almost 2c then....
With only 13.2% ( approx 1.4b) outwith the 20 largest holders and IMO most holders going long then the free float should be somewhat reduced by a large margin I would think.
0.0325 pence to sell / 0.0339 p to buy
Hi moth do you not think the free float has been swallowed up over the past week
Certainly looks like it’s gaining traction, lots to look forward to - many have been a lot longer than me, but having kept watch and buying as funds allowed from 0.00075 up to 0.0015 and back down to 0.00012 below the pacing I now have a good holding, if we get anywhere near half a penny then retirement beckons.
What is the free float on EUZ?
@BricksSA, could you clarify for me, I'm a little doff understanding the JSE share price vs the LSE. What would 0.095p equate to in ZAR?
Yes, don't run away with wild speculation. This is firstly a lead/zinc prospect. The silver is a bonus. Of note when they talk in the exceptional historical drill results of Zn equivalents, these exclude the silver.
Looking forward to the results of this daughter drill. This stock has grabbed by interest. The upside is tantalising...
More than happy with that every day while we wait for news
Could be I agree, it's just that I've seen expectations get so high on other shares that you just get into the inevitable 'sell on news' cycle. Bottom line is we're massively undervalued even on current resources so any significant increase on the indicated and we should fly.
As always BricksSA , some good indepth info. It is always best to be cautious. Been in to many shares now that have had way to much optimisum and in the end fallen flat.
EUZ is hopefully my turn around share FRR ,MTFB have done me no favours lately..
Good luck all
@Sched...you are correct in saying lets not raise our hopes too high....The two known minerals are Galena and Sphalerite. Correctly as you point out it could be the high grade of these two minerals. Interesting though that Galena is an important source of Silver....Have a look at the first page of the link that Oiltap posted to the presentation. These two minerals are clearly mentioned.
Galena, also called lead glance, is the natural mineral form of lead(II) sulfide (PbS). It is the most important ore of lead and an important source of silver. Galena is one of the most abundant and widely distributed sulfide minerals. It crystallizes in the cubic crystal system often showing octahedral forms.
Sphalerite is a zinc sulfide mineral with a chemical composition of (Zn,Fe)S. It is found in metamorphic, igneous, and sedimentary rocks in many parts of the world
0.037
Shed, of course you are right to err to caution, but they are 'bonuses'.....and it's exciting to be waiting for the update. GLA.
While I'm also massively positive about the latest drilling I would caution against assuming the 'couple of bonuses' refer to new forms of mineralisation. I agree it's possible but could equally be referring to the nature or scale of our known minerals. Either way it sounds good but best wait for the facts. GLA
Manicman, You are right there, because we don't have the numbers yet but when we do we will be able to put an accurate figure on this. The NPV will be announced in the RNS I would believe. All we know for now is it is worth £89m as we stand rightt now, but moving from infered to indicated adds value as BricksSA said yesterday but the burning questions are the upgrade in resources and the additional minerals found.
It certainly would be nice. Don't know if it will get that high but sentiment has transformed over the past few weeks. GLA
Nite to be corrected to Note
Apologies for typo
Cheers again
I’m hoping for it to reach the TP 0.095 nite valuation is this likely?
Cheers
Have just listened to the latest proactive interview. All sounding good, looking forward to the next few weeks.
I've been following the BB for awhile and has been some interesting reading.
No one knows for sure where this is going to end up , but i do believe this is going to do well.
Good luck to all you
Just set up a facebook group page for EUZ.
Search
EUZ unofficial
and hit JOIN
We can add videos pictures etc
BricksSA, Cheers you have just jogged my bad memory. From a podcast probably sept/oct time 2018. I am going to have a look for that now as you say can't post pictures here. Think it might be a good time to set up a facebook page for EUZ so we can share stuff of value. Cheers Bricks