Member Info for BricksSA

Guys...lets think rationally here...why is this share being kept down in the 02's ?? ...We have a great SS, Indicated Jorc, NPV of $110 m, Data room open, NDA;s signed, DD must be taking place...pending METS ....only 1 answer imo....to prevent DB from exercising the outstanding warrants. I say again...this is my opinion only. DYOR.

After all...LR owes the PI's a favour I guess....seeing as we are the ones who have paid for this to date and DB are having a free ride.

I am not so sure Shed....Only pondering....DB as we know have a few billion warrants still to exercise....would really be great if LR shut them out with a joint announcement....then it would be too late for them to be exercised... :-$

We know that the Mets had 3 legs completed sometime back…. We also know that the data room is open “on application”….we also know that the last leg (cycle tests) were completed last week…we also know that signed NDA’s are in place (more than 1) ….we also know that the resource at Toral in the ground, Lead Zinc and Silver is worth over $ 3,000,000,000. This is based on fact already documented. …..It is therefore imo not impossible to imagine that an offer has already been tabled and will be announced at the same time as the Mets…what term did LR use? “Consequence” ….one of the “consequences” could be to suspend the share pending the outcome of the acceptance or rejection of the offer……now if this happens one could be left out in the cold if one is a day trader….little bit of cautionary advice I guess as it is a possible scenario…IMO..DYOR..GLA

I have a theory......they seem to control it by all accounts...so was just wondering....I guess it will only really fly once they off the top....

Is Peel still on top of the ask or not ?

Thanks Gizzard...I guessed that...I had the below on my fingertips :-$
Potential value of EUZ…..
My estimated value of Toral is around about $ 3 000 000 000
Current Shares in issue…..16,555,542,985
Potential value per share $0.18
But we know we wont go mining and a sale will take place.....for how much we dont know.

@ Gizzard...Resource I think you have slightly down :-) Its over $3 000 000 000....:-$

Good post Mokgone. The METS RNS is probably the most important RNS that will be released by EUZ to date and one can see why based on your post. :-$ I have a good feeling about the Mets though....and some of the observations by members of this panel...all lining up for a big windfall imo....as LR would say....slingshot imminent.

@ Rocker...I believe only 1 person made the AGM ....was this you by any chance ?

LSE EUZ trades are somehow incorrect....showing 31st Oct and 1 trade for yesterday ?

Its all about sentiment and trust in BOD....The last two raises were done at an all time SP low....DB de-risking when they did...
This will all be forgotten in the near future....just hang in there....Mets will be out soon with appropriate explanation of "where to from here" no doubt. Data room open already "on application".....NDA's signed....Due diligence already started......Mets due any second now.....Patience is key :-)

How long does it take to complete a metallurgical report once locked cycle testing is completed ?

@ Steve...did you just buy the 20M back that you sold yesterday and pay higher than ask ?

@ Steve...you posted this less than two weeks ago..."My purchase and a significant one in Euz is based on it's assets and nothing to do with the guys who run it at some point this company will be valued at a more realistic price however bewildered investors arnt out there snapping this up"
What has changed in the last 2 weeks that has caused you to lose faith with every aspect of this company ?

It also means importance or relevance or the one I prefer "significance"

IMO its a very good sign...as a "consequence" of a good Metallurgical Report...we have sold Goldquest Spain to XYZ for x amount.....or as a consequence of an excellent Metallurgical report we have decided to JV etc etc...its the consequence of an excellent Met report imo....so its just not publishing the Mets its about telling us what the consequences of the Met report will be. All very good imo.

@ Lloyd...awesome...he will detail "the consequence" of the announcement thoroughly.... I really like that !!

@Cjen...it is highly likely imo that Goldquest Spain will be sold within the next 3 months. DYOR.

And furthermore..... any by-product...should end up in tailings....this is my understanding anyway...as you are not actually mining for it...or worried about it.... Other metal companies exist where they take your tailings and process it and will pay you for it....but its not part of your core mining business...This is my understanding anyway...