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The problem is Sheds...the market has already factored in another dilution hence the SP being where it is. Until such time as a clear objective for EUZ is published this will happen and we will not see true value in the SP. The earlier the BOD and all stakeholders are on the same page the better imo. Only then will the SP stabelize.

Well it’s been one incredible journey that’s all I can say at this point. But I do believe that the BOD are trying to bring closure in one form or another and get the best deal for share holders and herein lies the rub. ...Most exploration companies in their mission statement will openly state they will develop an asset to the end of exploration phase and then sell the asset. EUZ is slightly different....and we are now beyond exploration phase.....so what’s next is the big question and if it is a sale why was it not sold earlier at the right time ? Hence me personally discounting sale at his stage but been proven wrong before and leaning now towards JV and mining....but that will come I believe with further dilution in one form or another and I think this is the crux of the matter. LR needs to make a statement that puts these assumptions to bed once and for all....after all are we not a grown up company now ?

Just waiting for all the planets and the stars, BOD and all stakeholders to be aligned Teaye....:-)

Well done Bobby. Any chance of letting me in on your next winner ? ...lol....What’s your estimate price now on the SP of EUZ based on current set of parameters....you still think it’s over 2 quid ?

Well these guys all got it wrong Sheds...and you are closer to the mark than they are. Well done.
https://capital.com/silver-price-forecast-2020-and-beyond

Very well put across Mailgirl....Just on the Conrad...they will be marketing EUZs concentrate not the company....please send your CV to LR. I also believe they need help on this front.GL.

We complain when the BOD doesnt involve PI's in the fund raise....LR does us a favour by getting TPI to short their own warrants to get PI's in at below placing price .....and we still complain....Lol....having a bit of fun.....If it takes low volume of trades to drop like this I am sure it can rise just as quickly.

I have done a few 360's on this and stand firm by my opinion that MM's are manipulating the situation for whatever reason. This is also now occurring on JSE. I have a theory there may be an overhang of placing shares and these are possibly being retained by MM's until further news pushes the price up....so they only selling actual "sells" as such. As stated previously I am not a market analyst and this is my opinion only. But yes I agree something not quite normal...whatever that norm is nowadays.

Thanks Bobby. Peace be with you.

You somehow have given yourself the divine right to determine who posts what on this BB...a legend in your own mind. You have absolutely no right to do this and to consistently attack me personally is a trait that you seem to have adopted. Perhaps you need to go back to Eastenders or join another soap.

Xenophobic prick you definitely are Bobby.

And put the baby back in the bath again....

It’s not a hang up Bobby. I’m happy I’m buying under placing price....just strange how it got there.

We need news soon ....Cmon LR....sharpen the pencil !!

Yes you are correct Jubilee...but there were two events. The one you mention and the spike that took it to R87. Best of luck D

Pleased to say I have now been settled for my failed buys on JSE for the 16th 17th July. Needless to say I have bought more at these prices. Speaking to a broker in Johannesburg he seems to think the spike on the JSE was caused by an individual that thought the price on the LSE for EUZ was in pounds !! Lol....I seem to recall someone asking on this BB whether it was pounds or pence..

I sent this email to Dan on the 6th September and am awaiting a response. But DBA definitely have another 300k shares which imo is a very good sign. Would be interested in others view.
Dear Dan,
In RNS dated 24th Sept 2019 DBA held 1,188,333,333 shares which equated to 9.92%
So if one converts that to post consolidation divide by 500 and it equates to 2 376 666 post consolidation.
In RNS dated 1st Sept DBA held 5,813,921 shares which equated to 11.83%
We know that they contributed GB400k at .1275 in the fund raising which is equitable to 3 137 255 shares.
So if I add previous holding of 2 376 666 post consolidation and 3 137 255 and that makes 5 513 921….shares held.
They have an extra 300 k shares somehow…… So the base could not have been 9.92% imo. It must have been slightly more. Or alternatively they have purchased another 300 k shares which I cannot find a record for or the TR1 has a typo....Please check my calcs and figures...I may have made a mistake.
Best wishes as always,

I tend to agree with you gam. I have worked out that they have increased their holding by exactly 300,000 shares which they could have only bought on the open market......and yes it is a way to get the SP moving in the right direction if they continue buying .....whether they hold them or not though is the big question....Something in my gut tells me we may see different tactics from them this time around.

$50 an ounce forecast.....now wouldn’t that be something....takes our stash of silver to $700 m ...not shabby at all.....let’s see if Butlers forecast is correct. Definitely achievable though according to the experts....:-$

It’s Bankers Blue day !!! My man !!