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I notice the MM's are playing games again to keep this share at placement price. Seems like they are trying to fill a huge order. I am now of the opinion that there is a buyer out there somewhere accumulating...... My belief is a TR1 has not been issued at this time as they are still accumulating and will do so once they reach their target....which will be more than 30%....a mandatory offer will then have to be made to the remaining shareholders at a ridiculous price....which most LT holders will reject....if this does occur LR will be history and most probably CB as well....Buy or hold.... This is my opinion only and please feel free to comment but I am trying to read between the lines as the signs are typical of a takeover bid.
I'll happily back that letter. Time for some better communication
TOD-021 was an aborted hole....TOD-021 you are busy with now....TOD-020.....still awaiting news from over 6 months ago !!!!!..... .
Have you and your team considered the results yet ?
Surely in 6 months you should have reported back to stakeholders or are both you and they just too busy with other projects ?
"Following the Q4 2018 diamond drilling programme the Europa Metals’ geological team is also considering the results and implications of the TOD-020 drill hole that returned 3 metres at 0.68% copper from 297.35 metres. To date, copper traces have historically been encountered in the deposit, but the significance was unknown. This level of copper was not anticipated within the deposit so near to surface and follow up work is required to identify controls and extent of copper mineralisation."
That buy was always going to be a typo! But maybe one day we will be back at those levels and get back even!
back to normal 0.0127 sell
0.121 realistically, is where this share price should be anyway, considering everything. Obviously a mistake. I wonder if that person was Quoted that price before Dealing? Technically, a share is worth what the last person willingly bought/sold it for, right? I'm sure we'll see it corrected soon though, sadly.
whats happened here then, a wrong purchase price?
Glad I held !
0.121 341,240 Buy*
Why should we care at this stage what the share price is....LR is on record as saying it bears no reflection whatsover to the value of the Toral asset... obviously many on this forum disagree with his view....myself included. I am also sure DB will not tolerate this view as they actively look for asset growth for their investment. I initially got involved with EUZ thinking they would sell off the asset and I would make money and disappear from this BB. How things have changed....My belief now is EUZ would cease to exist without Toral and the BOD of EUZ have realized this....so IMO they are persuing to actively mine and will have a stake in it somehow. Hopefully with a different BOD and CEO. But this SP has to be driven up somehow so as when we need more money we do not get diluted to the extent we have previously. This is tantamount to printing bank notes and is not an economically viable solution and the sooner LR and his cronies realise this....the better for all of us.
There are no positives, Oiltap. 1,000,000 shares are worth about 50p ;-) What possible recovery play is there now? This is finished. no amount of positivity is going to change that.
we moved down today 6% on about £600 worth of sells......just WOW ! lucky Im stupid and thick-skinned ;). Call me a dreamer, but Im just looking at the asset and thinking : Even if it doesnt go to mine, even if Laurence accidentally falls into one of his own drilling holes.....the asset will be worth a lot more than the current share price, especially once some grown adults with a basic understanding of how to run a mining exploration company and issue RNS's (as opposed to pointles blog feeds) takes over......This share is so oversold its almost crypto/ Dim Coin territory ;). almost ALL of the value here is upside...one hopes !
Bobby, may I commend TRP ('Glow in the Dark') as contenders for 'management' that was unbelievably successful at destrying a SP? Takes some beating .....
PS: I bought £80 worth a while ago top up and now they're worth £2. I'd be paying £10.00 on a £12 transaction fee just to get rid of them.
Utter pants!
Don't forget wealth destroyers KDNC, formerly REM. With surely the most deluded bunch of happy-clappy followers I've ever seen on these boards.
RRL, RMP, COOL, SOU, FRR, PREM, CTAG, etc. I could go on...unfortunately not unique.
Hopefully the value of the asset will weigh out here. GLA
1st SP Positive Hike - Results of drill hole 2.....(providing of course they put the drill in the right place this time)
2nd SP Positive Hike - Jorc report moving resources from inferred to indicated.
3rd SP Positive Hike - The Junta granting EUZ a mining license.
This can all happen during this quarter......Hold or Buy IMO !!
Somehow...games still being played even after reporting a few of these trades....heres another one....5,104,173 shares bought on one day and sold the very next day at a loss....definitely two parties involved here and manipulating the price big time IMO.
Hi Bobby...trust me..thats the way it works...I hold over 90 million on the JSE...bought most of them at 2c per share....now trading at 1c and Matrix is right.....cant sell them at 1c....there are about 35milion available now on JSE at 1c a share. For the equivalent of R10000 which will buy me 1million on JSE. I get 5million on LSE. I will continue to hold my shares on JSE and will buy more at 1c once the price reaches 0.00050 on LSE which IMO is soon.
@ Matrix and Meno.....You are both correct...let me just add my two pence worth....The JSE only deals in cents....not % of a cent like LSE deals in % of a pence. The problem Matrix has is that EUZ share is not even worth a cent and who would buy it on the JSE when its trading for a fifth of a cent on the LSE ? The exchange rate is as follows ...0.00012GBP = 0.00214674 ZAR
So for every 5 shares you get on the LSE you get 1 on the JSE at the same price.
10 baggerT, the drilling of the 2nd hole is happening now. It takes weeks to carry out and then the core taken during the drill be analized to see what metals are present. Result of drill should be some time late July.
Like the title says.
Cheers
Ah, hadn’t realised they were on the JSE as well, so they were on 3 exchanges then ??!! My heart goes out to you, it’s bad enough as it is without having to deal with that !
Hi MenoMosso. You must be referring to the LSE? My post was about not being able to get rid of my JSE share, even if I was willing to do this at a loss just to get rid of it. In the last 10 trading days on the JSE only 260,000 shares traded in total, with at least 30,000,000 being available at 1cent (the minimum) every day. So getting rid of a few million shares is literally impossible even if you wanted to! Obviously it's different on the LSE, and you could possibly cut your losses.
I was just looking and there aren’t many days where multiple trades haven’t taken place. It’s ticking over. Sure it’s run badly, and hopefully that will change, but the asset itself is worth a punt. Upside from here is absolutely enormous, one good RNS with concert figures and you’ll multibag in a day.....possibly.