Member Info for BricksSA

And watch DB and the SP like a hawk....and hang on to their coat tail....and get out and in again at the right times....that’s the strategy for me moving forward. If you can’t beat them...join them.

Hi Radika....I believe it is still a good buy at these prices as DB invested 400k at 12.75...Unfortunately EUZ share is not the type of share which one can stick in the bottom drawer and forget about as CB mentioned when he first came on board....as we are still in early development life cycle stage. And some more proving up of the asset.....I’m trying also to understand what has changed their minds since this statement in a previous RNS...released earlier this year. I thought we were finished with drilling.....” o The Board sees limited additional incremental value from conducting further indicated resource delineation drilling at the current time, with the project's pre-existing mineral resource estimate sufficient for economic modelling and mine development decision-making;”
So needless to say still a strong buy at this price......and a change in course .....there must be more to this than meets the eye....so will stick around a while longer.

They back again....

Weird

I agree Sheds. You can do both. My belief is if DB can do it so can I.....the key though is to develop a strategy and stick to it....don’t be greedy. Everyone will have their own exit , re entry levels and it’s understanding one’s own portfolio and how much you are prepared to risk. But my goal will be to have a free ride. That’s the plan. Best D

I’m going to go back to basics and re evaluate the situation over the weekend....will provide some feedback by Monday....in the meantime....I want LR to read this ..... https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/how-do-companies-evaluate-exploration-acquisition-targets/

He resigned from Bezant a while ago. He is full time with EUZ now.

Well what can I say that hasn’t already been said……for transparency I attach below some correspondence with LR and Bobby I completely agree with your last post.
I sent this email to LR yesterday
Hi Laurence,
I take my hat off to you and the team on the two great RNS’s that have been released. Great work and I feel EUZ is on the right path to greater rewards.
I don’t know whether you noticed but the MM’s are intent on bringing the price down on any good news EUZ publish. It really is a strange situation and I feel they have almost like a personal vendetta or agenda with EUZ. Have you considered reporting them to the Nomad? I mean they asked for a statement from EUZ on the price rise on JSE, yet no one does anything when the MM’s manipulate buys as sells and the price? Makes no sense to me.
Best wishes as always,

Needless to say..He never responded as he must have been busy with todays RNS……
So I fired off this email this morning….Laurence...now I know why they were manipulating the price....I’m really ****ed off you never did a Rights issue. I feel betrayed and to a large extent lost my faith in your integrity and honesty.
I then got a response….
Dear….
The price moves and positions taken all the time, we completed this raise very quickly and manipulation of stock if its happening has nothing to do with me. We have secured at a good price a significant amount of funds to do a lot of decent work with. Im sorry you feel that way but we have delivered a lot of work on not much money and plan to progress the project forward doing the same.
Regards,
Laurence Read
So I responded again…..
Thanks for responding Laurence...it takes a man to stand up for his convictions.
I honestly thought that Conrad were brought on board so we could forward sell concentrates or alternatively get project finance from them as their website clearly states they provide project finance.
You are on record saying you were looking at anti dilutionary options but the announcement today especially involving DB again after they sold about a third of their shares and are now having a free ride....whats stopping them from doing it again ?
Did you put any restrictions in the fund raising contract with them ?
I thought we were a "grown up " company and dont need " investors" of that category ?
Regards,
And then he responded….Just on calls; want to talk later? If not understood but offer there..
Needless to say we will be chatting later.

Hi Joey. I have not heard of any compensation. All I know is for the first two days after consolidation all transactions were reversed as something went wrong on JSE. All my transactions were reversed. This was the last sens produced by JSE that I am aware of.
https://www.jse.co.za/content/JSENoticesandCircularsItems/All%20Notices/JSE%20Market%20Notice%2037320%20EQM%20-
%20Lifting%20of%20Trading%20Halt%20in%20Europa%20Metals%20Ltd%20Shares%2024%20July%202020.pdf

I think our resource is verified enough......
Below from their website....
Conrad Partners investment services are focused on small to mid-sized mining projects requiring further funding for development. If you have a project with a verified resource and need additional capital up to $250M, then contact us. Geographical location and commodity type are secondary.

With no further dilution and a MCAP of 34m.....what would the SP be Steve ?

Nice post Pete. Fully agree.

What happened to my post on TP broker note....seems like it was deleted.So will post it again....TP Broker note prior to consolidation had an SP valuation of 0.00071 per share. Post consolidation this equates to 35pence per share....so plenty of upside imo.

In addition Sheds one can see in the initial NI 43 101....Silver was inconsequential as well.....only 41 grams per ton.....so use that as a yardstick how the Cu can be proven up.....GL.

The only reason is because in the bigger scheme of things...it was a relatively small deposit....compared with lead and zinc. Also lack of money I suspect to prove it up I suspect along the way.....However having said that we know how technology has improved resource discovery and modeling ....no reason why it can’t be proven up and included in the future.

To me it’s not a mystery....it’s a question of when it will be included. The NI 43 101 report already has both indicated and inferred Cu.
http://www.europametals.com/site/PDF/e7551e09-85c8-426e-b21e-383e3c0ce713/CommencementofToralExplorationProjectWorkProgramme

Maybe the below Jedster ? Taken from Europa website...
Following the Q4 2018 diamond drilling programme the Europa Metals’ geological team is also considering the results and implications of the TOD-020 drill hole that returned 3 metres at 0.68% copper from 297.35 metres. To date, copper traces have historically been encountered in the deposit, but the significance was unknown. This level of copper was not anticipated within the deposit so near to surface and follow up work is required to identify controls and extent of copper mineralisation.

https://www.ismc-iberiamine.com/es/el-cluster-para-la-mineria-sostenible-consigue-su-primer-proyecto-europeo-mine-the-gap-que-supondra-4-me-en-ayudas-directas-a-pymes-de-mineria/

Yep...I guess you right they will wait for the Mets prior to releasing it....but my logic is TP should revise their last “ lazy shoddy” broker note anyway....and I hope LR kicks butt to get this done.....

Fook ...predictive text...non dilutory funding...GL