Member Info for BricksSA

Yes...whilst they were at 1c.....very few traded.

Many people in SA have not got Global trading accounts. Myself included. I can only buy or sell on JSE.

It seems to be holding well at 7.30 on JSE.....would not be surprised if it doesn’t close higher this evening.

Yep I see...fair demand as well....

The demand is certainly there Gizzard ...no doubt about that but let’s see if it’s maintained as I said...at this stage it has returned to pre consolidation price + 50%....Best D

Lol...all three tranches of the incentive options could be exercised by the end of this week.....if my theory is correct...my option only of course.

And short the JSE perhaps ?......lol...the thick plotters again.....need to get rid of those thoughts.

So my guess is they will meet halfway.....20 to 22 p by the end of the week ?

Yes you may well be right Sheds....if stock goes cross border both ways there could be a delay in settlement of the shares....this could be the resultant symptom ....who knows....way outside my domain at the moment....GL

Normally JSE takes price from LSE.....the big one is always the right one....LSE in this case. Unless of course brokers have some cross border transactions still to settle and they will agree a price I would imagine.....but this is outside of my limited knowledge on how they operate across borders.

To continue....it’s therefore a false rise....it should be about 50% which is very much in line with the rise on AIM......however the baseline prices were different and not aligned. I am fairly confident they will align.....this week. In fact they have to align otherwise the mcap will be different on the two exchanges....which they are at the moment. GLA

No anomalies ....they had 4 days to sort it out......JSE would not have opened on Friday if the stock didn’t have script....the opening price on Friday was the closing price from the previous Friday 52c which we all know was incorrect.....as all the trades for previous Friday were cancelled and reversed.....trust you understand this. GLA

Aucs and Gizzard...here’s a brief synopsis ....bearing in mind Friday was the real first day of trading after consolidation so it really should have opened at R5 on Friday....closed at R7.30 today ...the equivalent of 34.5 pence. The two days volume is about 955,000. Of the 34 million odd shares in total issue for EUZ 6.3% which comes to about 2.2 million is allocated on the JSE. So approximately 45% of the stock allocated to the JSE has changed hands. Bearing in mind that both exchanges will have liquidity challenges my belief is the demand was such that a few sellers took advantage and got a good price....let’s see if this continues tomorrow. GLA

This is really weird....I wonder where the ore sorting was done ? SA perhaps ?

Hi Gizzard....it seems like JSE has just returned to pre consolidation price ...which was 1c ...so now exactly R5. Which is equivalent of 23p.... So re rate not yet underway imo....but will do some more analyses tonight ito volume and if I find anything else will let you know. The strange thing that is happening though is it is not aligning price wise to LSE....I have some other shares on JSE....Jubilee metals and they always follow LSE....but this one ain’t....not at the moment anyway. GL

Creeping back....:-$

Yes it is very interesting but again...I am not a market analyst rather a business analyst....so I try and stick to my domain. The Scoping study has a compelling business case and Reads like a PFS...we were prepared to pay .0012 per share two years ago....so multiply that by 500 and you end up at 70p per share.....makes me want to cry out loud and that’s what we paid for this learning curve. Good luck to the lads who timed it better but our time is coming soon and watch the madness on this BB next week..GL.

Bobby....I get that....but if you are part of the market ....the market must have got it wrong ...think about what you told me the other day....you invest in the asset not the management.....so you being the market must have got it wrong....as the asset has been substantially derisked....however .. I reckon you will be right soon....I only wish you the best and hope you got back in at the right price as your valuation is looking good imo. Best of luck.D..

Spot on. I think Chrisp feels the same...also imo the market has got this one wrong with the derisking that has taken place to date...In my book right now I classify EUZ as medium risk high gain....still looking for the low risk high gain share though....But each of us has a different appetite for risk but for the record the risk on Toral project has been very well managed imo and is substantially reduced from where we were at our all time highs 2 years ago.....makes one think how wrong the market gets it sometimes. IMO.DYOR.GLA

Off the scale Sheds.....I remember that...had to recalibrate the gizmo so they could get a reading...the quality was so high...We tend to forget that as well...thanks for the reminder.