Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Shed, Id be confused too, With a reply like that, its as if he was trying to baffle you with BS :)
"not a vms not a porphyry but halo concept from those consequential in terms of theoretical behaviour"
A classic "Rope A Dope"
The conversation regarding “punters and gamblers selling so the real long timers can move forward” and LR is fed up with valuations” yet, he fails to execute essential PR have been going on for years.....
when the SP turns Bull.... all of a sudden LR is a legend & knows what he’s doing.
When’d the SP turns Bear.... LR is a **** and has no clue.
Then every day is another confirmation by another retired truck driver out the back of red neck central who claims “It’s ok... we have a solid asset” only to try and make himself feel better at the gamble he’s taken on which he most probably can’t afford with zero offset on dividend investments.....
Then when the opportunity to speak and air grievances at the annual GM presents itself.... every keyboard warrior lying in bed with a webcam laptop balancing on his belly says...... you guessed it!!! NUTTA
There is always the chance that Europa got caught up in a similar name mix up with European Metals who announced a Cinovec Service agreement.... Coincidence???? Possibly
European Metals shares surge on new Cinovec service agreement
The company couldn’t survive another consolidation so that’s 100% out of the question.... even for this mob.
SP fall is standard following consolidation.
It’s up to the bod and their ability to enact their post consolidation strategies to prove value.
Andrew: “Has The pandemic slowed down any discussions with any potential project suiters”?
LR: “I probably won’t answer that (eyes roll up and right)” then blah blah blah and 50 seconds of discussion about the size And quality of the data room.
Not to mention 4minutes of how safe they are being and precautions taken with social distancing rules in Spain.
Call a Spade a Spade:
They were forced to RNS the “investigation license” (not development license).
They had to accompany with an interview.
If there was anything even remotely progressive happening or even in the pre-happening stage, there would have been more discussion and excitement around these activities.
The only time an exploration company talks about the size of their “data room” is when the size of anything remotely positive has been diminished to non existent.
I’m not suggesting the project isn’t positive, anyone who does the research knows the project, it’s potential and what’s required to establish a development path but let’s be realistic.
BraveHeart - HOOOOOLDDDD.
In the early FMG days, it too was plagued by similar mistrust and lack of perceived progress. Impatience was the Achilles heel of many a investor who went on to lose when FMG and Twiggy finally forged forward...... $$$$m were made by anyone with patience.
Yes LR rambles.... a little empathy will help you appreciate why.
No luck needed - NLN
IMO - EUZ is a great opportunity, with every share you own, you need a little patience.
WHAAAT???? That is complete BS.... why would they delete argumentative and disruptive posts? How dare they!!!!
They’re not disruptive and especially not argumentative.... nothing about these posts are argumentative,,,, I absolutely disagree!!
And who signs off an email with “Kind Regards”??? And “Craig”??? WTF??? What sort of a name is Craig?? It’s a definite fake and ba automatically generated LSE bot name to match their useless email from a fake Craig.....
And to start the email with “Hi”.... comeon!!!! Don’t even get me started!!!
“Just tell them something, anything, it doesn’t matter what it is.... throw in some pics of a test hole and some desks (oh, but can you space those desks out first before we take the pic) with that alone we can take up 2 whole pages with pics and a social distancing update...... OH, and if you throw in that slide from a year ago at the end to add some more meat to the update....
Yeah... and get that pic we have of Rick sitting down with his laptop, we can use that pic twice.... lol.... Those idiots wont even realise.
But make sure the “COVID19” blurb is written on a seperate page to the desk pictures, that’ll fatten this thing up a little..... oh it’s morning tea time, let’s go LR..... that’ll do for the update.
Post as is.
They’ll probably whine about whatever we put out so just post the bloody thing”
Literally a piece of string.
Could be in the next minute.
Could be in a month.
So many external factors at play.
Even if the EUZ board estimated an update, it would be nothing but a “Rope a Dope”
Cheers
As Sun Tzu said in The Art of War:
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.“
If this were a true “BraveHeart” moment in battle... Now is the time to critically.... HOOLD... HOOOOLLDD....HOOOOOOOLLD!!!
IMO
Note that the article was not posted by LR, it was posted by “mining.com and simply “liked” by LR on LinkedIn. LinkedIn lists all of your activity including what you have liked and commented on. So not as significant as if LR had posted it on his own page.... but I get your drift.
GLA..... calm before the storm with EUZ IMO
Ironically the crew that deviated were then tasked with the directional wedge hole..... lol
I’m sure it’s the same crew.... doesn’t make a lot of sense to change crew who by now would have a great understanding and experience of the ground on site and what to expect
How longs a piece of string really? as so many variables... but in an effort to provide some clarity, typically diamond drilling size HQ and then NQ will drill anywhere between 10-30m per 12 hr shift. With 24hr operations at Toral and holes typically 650m - 800m at Toral, you’re looking at 14 days for a single hole. Rock conditions are always the variable which could push a Toral hole out to 3 weeks not accounting for breakdowns or any other unforeseen circumstances.
Geotechnical and Hydro drilling due to commence in Jan 2020 will only add to the timeline but a worthwhile exercise .
Hope that helps