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Good luck Bricks; Big Cohonas. ATB Verbs
Agree. Last chance for LR with be full SS and figures he has promised this week. Imho
....the wrong way at the moment !!....Im going to take a huge gamble and buy some more to average down with the hope that the asset will be sold within the next few days or weeks as I cannot see this management team surviving unfortunately.
Yep. This is now down over 35% in less than 24 hours. He has a lot to answer for after all his promises!!!!
People must be desperate for cash, staggered at the price - bargain basement.
Don’t think LR should blame the market being down as an excuse.
The delay of the SS has caused this panic coupled with the naivety of not knowing ASX rules prior to publication.
Let's see what LR does now!!! Down 8% already today and Mcap below 3.5 million. Mess!!!
What's the story/history with Colin Bird? Been many negative talk on here about him, and also on other BB's. Now some investors have also told me they would not invest in EUZ because he is involved. Apparently messed up at Jubilee, and "now trying to fold a bankrupt Breamore into it". Now we have him as Non-Exec chairman and things are also going south. I noticed on the AGM results only about 38% voted for him to remain, with majority abstaining. Why wasn't he voted out? Is he really just a bad apple or does he also have some successes under his belt? I haven't sold as yet but REALLY starting to doubt this investment!!!
With the ss/ pfs now completed, (even though not yet seen by us), this does mean potential buyers, potential partners on a jv and institutions can move meaningfully forward. With additional drilling and environmental issues being addressed we are now able to move forward on many fronts simultaneously. Our options are expanding
Advised me yesterday that the full Scoping Study including the figures would be distributed to all interested parties within the next 24 hours....
IMO this will bounce on infill results and then any RNS’s that will come to say someone has a period of exclusivity regarding JV....
The sellers will be the buyers getting back in!
I've purchased some more after the interview. Alas, it's showing as a sell. The first 3 trades are more likely buys @.0665
was hoping that zinc news on SS EUZ will be great, but the opposite. got stop and wont be buying back as yet as i want to see sp settle first.
next zinc news will be in JLP if anybody watching, with NPV 1bn and production from April next year, progress update/licence expected before christmas. thats should be the trigger for upwards rerating imho
They can now start by producing what they have promised by the middle of this month, of which is the 15th of December. I'm going from there.
Lr made it quite clear he is not married to it. And make me right offer and its yours. You cannot keep hyping things up and promising to people. Then screw up and make school boy errors. People have invested a lot of money in this venture. That could be £100 or £55k everyone is different. SP has dropped because of promises and very stupid comments by LR that have resulted in today. It needs some real evidence now and real confidence for people to really believe in him and Euz. Can you imagine if we did this in our workplace?
Confidence in mangement required. You can't quote the likes of black Friday bargains and slingshots not so long ago. Also months of delays in producing SS that was such a prospect it was untrue!! Well the result was today!! Assett is huge and speaks for itself. However, management and mistakes shocking. Only way forward is for them to sell it. Confidence gone in this team. Imho
300% sounds a lot i understand that bobby. But 300% of a 4mil company is a lot less the 300% of a 100million company. Its done it before it can do it again just this time we need to be getting more and more indicated. If it takes a year then so be it but this is something that needs doing. Either that or pull out of ASX and then we can release figures but i cant see that happening.
As they stated - ‘still to come this year results from the first diamond drill campaign’
Still going to say its going to be worth multiples of now its just going to take a bit longer. Get placing done get to indicated and start the bidding process.
Also, there's further drilling results that are not part of the report to be released late this week. I'd love to see the SP climbing, but this is a long-term play with a real asset in the ground.
What a horrid day in terms of Share Price. Great to get the ss out but I think the lack of ££££ in the SS has a negative effect and the error is the coordinates. That said this is still one heck of an opportunity and this mine is worth a lot! The story hasn’t changed it just going to take s bit of time to get indicated status. We also have results of diamond drilling later this month. I am now way down at this sp, but not worried. Will add more shares at this price to bring my average down.
The sp is in a holding pattern, no ones been selling in any huge quantities, obviously this is partly MM manipulation, they’ll have to push the price up again soon. The SS confirms the value of the asset, just a matter of waiting for a buyer. I’m topping up. GLA
The so is in a holding pattern, no ones been selling in any huge quantities, obviously this is partly MM manipulation, they’ll have to push the price up again soon. The SS confirms the value of the asset, just a matter of waiting for a buyer. I’m topping up. GLA
In all honesty it’s a proven asset - we just need to do the infill drilling - industry can get the full whack figures so I’m sure they are very compelling!
Just a shame as I would like to see the nPV and finance side of it
I got berated last night for suggesting this was a troubling RNS (where is Lynxist today?) but I think the sell off has been overdone. Problem is most people have been stiffed on AIM before and anything like this is a red flag. I still have faith in LR but he has got a lot of work to do restoring confidence, starting tonight hopefully. Anyone one know if the event is being broadcast?
Quindell - likewise, personally I've got until May 2019 and need 0.3p for 1.5m (bills to pay). Must admit, that seemed a lot closer on Friday than today, but time will tell.