We would love to hear your thoughts about our site and services, please take our survey here.
This last TR1 indicated Kibo had sold some Mast shares.
https://www.lse.co.uk/rns/KIBO/kibo-subsidiary-announces-major-shareholdings-04oycksmks57fuh.html
In addition DY6metals raised 7million on initial IPO at .20 per share. Today they are trading at .04 per share on ASX. Very predicatable outcome I hate to say with our two part time leaders no doubt somewhere in Malawi.
I did a comparison with Orion minerals who have a portfolio of high-quality development and exploration assets in South Africa's Northern Cape, with Mineral Rights including known deposits of copper, zinc, nickel, cobalt, Platinum Group Elements (PGE), gold, silver, tungsten, Rare Earth Elements (REE) and lithium. They are 100% owned and trading at 17c per share. EUZ has less shares in issue though but at this stage it’s difficult to gauge what the 20% equates to without a demarcated mining license. Hence the over value statement.
It is now Highside. Two part timers in Myles and Daniel running EUZ.
I am lost for words as to how they actually have started DY6Metals and have no value to show for EUZ shareholders. It no doubt will be wound up imho but still fail to see how this will get back to R6.50 when we consolidated as its now 25c on JSE and still over valued in my opinion.
Yes hopefully news soon but one needs to be very careful here as it could be good or bad. We already know Denerius will own 80% of Toral if mining license is approved. The remaining 20% will be owned by EUZ who unfortunately will then have to find another asset to explore….no doubt the 20% will be sold off to fund the new exploration…..so how can this be a strong buy even if a mining license comes through ? And how do investors actually get there money back on a lifestyle company like EUZ ?
I think they earning more Sheds and Highside…..they definitely are part timers at EUZ now….that I can assure you.
https://dy6metals.com/wp-content/uploads/2023/04/Prospectus-DY6-LODGEMENT-VERSION-FINAL-3-APRIL-2023.pdf
Sheds….the RNS in Jan 23 clearly states on “ Successful Mining Licence Application for the Toral Project “ another 1,5 million share options….
Seems like he has pre empted this event and given himself 3 million shares.
I personally think the second 1.5 million should NOT have been awarded as the successful MLA is not a given….especially with no PFS.
I was also strangely thinking about LR the other day after I read this article…..
https://dy6metals.com/wp-content/uploads/2023/04/Prospectus-DY6-LODGEMENT-VERSION-FINAL-3-APRIL-2023.pdf
What a frightful awakening I got !!!!
Obviously no research has been done by the idiot poster trying to punt a share that imo is actually doomed. Denerius has some major mining houses backing them like Aris and now this one…. https://financialpost.com/globe-newswire/gcm-mining-corp-acquires-6700000-common-shares-in-denarius-metals-corp-and-files-early-warning-report
Quite frankly EUZ has to get another project otherwise they are doomed.
Moonlight first now Toral…..all history. What next from this lifestyle company imo.
At least we can say the pair of them are consistent…..listed at 20p per share less than 6 months ago and trading at .09p today….55% loss for shareholders in less than 6 months….as Highside has pointed out…..we can only predict the future by plotting the past :-)
Thanks Sheds…..have a look at this
https://dy6metals.com/wp-content/uploads/2023/04/Prospectus-DY6-LODGEMENT-VERSION-FINAL-3-APRIL-2023.pdf
Lols…I think I was worse than Chrisp punting this stock in days gone by Highside.
And a few more questions for Chrisp and those attending the AGM.
1. What value has Bennelong, the Australian company added after being given 1.5 million shares ?
2. What value did Adam Habib add after his appointment as corporate advisor and how much was his compensation and for how long ?
3. Wardell Armstrong were appointed PFS managers in June 2021 ? Are they still the PFS managers or was this just another bad decision made at the wrong time by EUZ ?
4. In August 2020 a marketing agreement was signed with Conrad a Hong Kong based company to sell concentrate from Toral ? Is this still valid or was it just another ploy to rope investors in believing EUZ were close to mining or another EUZ bad decision made at an inappropriate time?
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