Member Info for BricksSA

Lol...We can speculate on AIM.....but BB says no speculation....

So I’m speculating now again am I....so did any one listen to LR about 10 mins in on this interview.
https://m.youtube.com/watch?v=D-gpCzBhFAI
Bobby I think you need a break. Thank God it’s bank holiday weekend.

Seems like a few of you still do not understand the life cycle of a mine development project. The PFS and associated streams EUZ are focusing on is imo a ‘selected few” critical components that they need answers to. The Feasability study or BFS “ Bankable” will be the final report which we currently have no funding for. I suspect very much that the key components they are addressing now for which they are fully funded will be used to address questions already raised by JV partner who imo will be funding the BFS. I also very much doubt DBA or Conrad would have got involved if deleterious elements were still an issue or risk. This project will either be sold or taken to its logical conclusion which is a mine. As far as the SP goes this will also only show the real value of Toral once the day traders are frozen out. GLA.

Plenty upside here even for traders who appear to dominate AIM and not investors. If investors start buying in now ...then and only then I suspect will we get the stability needed in the SP. But with the additional shares already on the market this is holding up well imo as it normally drops to placing price and this has not happened. So all things taken into account our mcap has increased and holding up well under an excellent Mets RNS......the door will close soon when JV partner comes on board I feel. Still a very good buy at this price and agree completely with the guys averaging down. GLA.

Well ....well...well.....what more can one say. Let’s see a positive reaction from Mr Market now.
“Overall, the sorting results for both the TOD-024 and TOD-025L samples are considered to be excellent, with between 45% - 50% of the mass rejected at, for the TOD-024 sample, 98% Pb recovery, 97% Zn recovery and 92% Ag recovery, and at, for the TOD-025L sample, 98% Pb recovery, 94% Zn recovery and 82% Ag recovery.“

No forums Bobby that I’m aware of. Do I detect an element of xenophobia ?

Investors have not lost a cent yet.....as they haven’t sold....yet.

To support Banker perhaps ?

I make it WA,AMS,Bara,EUZ and competent person needs to sign off the results of Mets before being RNS’d....could be a while still...as it’s quite technical and should be comprehensive as Sheds has pointed out....I am also hoping for tomorrow...but something tells me it could be shortly after..... :-$

It’s a very good buy at R2.31 on JSE which is equivalent of 10.5 pence.....I am also buying at moment Investa.

The EU grant has already been given or will be given to Spain. Grants are given to countries not individual companies.What they have done is distribute it to Regional level. The municipality of Leon will be distributing to worthy contenders in their region and EUZ has applied at regional level. That’s the way I read this. This being the case the funds most probably must be used to pay local salaries and maybe mine development but certainly not exploration....imo. These must be the details being ironed out as I’m very sure they will get one at regional level as they seem very in with the local Junta.

The below is not dividend calculation...it’s profit per share and 2 dollars is 200 cents so yes you are correct...the mine is where the money is to be made not in the sale....but with this share it’s still a traders dream imo.

The below is in US Dollars

The end Game will look something like this imo but until we get there its going to take a lot of effort clinging on to DB's coat tail..Prices fluctuate obviously but I have used figures from 10th Aug. Even with another 100% dilution still some serious money to be made. The only nasty thing about trading.....is if the man with the golden chequebook makes an offer we cant refuse.... you may be out at the wrong time...Im going to take my chances...keep the bulk long and trade with about 40% of my holdings....so will still be around unfortunately for a few nay sayers....until the end game.

Value “in the ground” as at 10/8/20
830 000 tons of zinc @ $2393 per ton = 1 986 190 000
570 000 tons of Lead x $ 1920 per ton = 1 094 400 000
14 million ounces of silver at $28.33 = 396 620 000
Total……. Value in the ground = 3 477 210 000
Less Capex outlay for mine = 120 000 000
Less Opex/MCAF 51$ per ton = 71 400 000
Total Potential Income =3 285 810 000 over lifespan of mine.
15 year lifespan as per SS so divide that by 15 to get annual income = 219 054 000
Less company tax……..guestimate…………say 20% = 43 810 800
Total profit per annum = 175 243 200
Divide by 60 million shares = 2.92 per share profit per annum.
Divide by 120 million shares = 1.46 per share per annum

Sheds....a resignation that reads with immediate effect....means from a legal perspective he loses all benefits or options he was entitled to...this is my understanding of labour law....maybe someone legal on the BB can confirm ?

Lol....from your keyboard to Gods server.....just been a member for a few days....only post on EUZ....and all negative....I wonder why.....Wolf in sheep’s clothing is paramount in my thoughts.

It’s your false accusations implying insider trading Dork....now go away again please ! Or I will tell you FO again !!!

Careful what you say Bobby...you may end up in court ....

The question to ask perhaps is whether DB and an other or others as no mention was made who took up the remaining shares....perhaps even jv partner ? Had a sight of the Mets as a pre requisite to their participation in the fund raising. I mean....would you invest 400k without some form of guarantee that they will be ok ? My tuppence worth.

And co author a real life drama / comedy with Sheds :-$....titled “ The interesting intrigue and endless enticement that Europa brought into our lives”.....lol.