Member Info for BricksSA

2nd verse..played in A miner.... :-)
Now as he lies in the sun ..
and basks in all his glory
He is somewhat confused
As the Moolah he used..
Created a rainbow on his lap !!

My apologies guys....I realized now it was not 99 cents...it is 0.99 cents and I have the decimal point wrong. Sorry for the noise !!

Guys...give me some time please how is the below reported in an RNS in March and now you tell me its wrong...surely it is what it reads !! 6 pence was 99 cents in March !!!!
Positive earnings per share for the period 0.06 pence (ZAR 0.99 cents) (2017: loss of 0.025 pence (ZAR 44.15 cents)

Try reading a bit slower then....

With respect....can you guys read an RNS???

Anyways...I bought a few today....should be a good investment.

Nope. I am correct.

xe.com

go to ex.com and put 6 pence in and see what you get in ZAR...I rest my case

@ Jammer....so I guess the RNS must be wrong....? again...cut and pasted.

Positive earnings per share for the period 0.06 pence (ZAR 0.99 cents) (2017: loss of 0.025 pence (ZAR 44.15 cents))

who suggested that ?? I am talking about earnings per share as in a share that is worth 4.425 pence actually earns 6 pence !!!

Check here...RNS of March !!!!!....https://www.lse.co.uk/rns/JLP/jubilee-metals-group-unaudited-interim-results--95svautamdwdeb4.html

0.06 is 6 pence....the financials are shown in UK pounds.

Cut and pasted from the RNS in March.... I am very sure....Seems like if a dividend is paid...could be higher than the share value> Lol....anyways this SP seems to be punching well above its weight and should be higher ....IMO.
Financial highlights
· Positive earnings per share for the period 0.06 pence (ZAR 0.99 cents) (2017: loss of 0.025 pence (ZAR 44.15 cents))
· Profit for the period up 274 % to GBP 0.76 million (ZAR 13.17 million) (2017: loss of GBP0.44 million (ZAR 7.79 million))
· Revenue up 39 % to GBP 8.33 million (ZAR 143.92 million) (2017: GBP 5.99 million (ZAR 105.80 million))
· Gross profit up 71 % to GBP 4.04 million (ZAR 69.85 million) (2017: GBP 2.37 million (ZAR 41.85 million))
· Cash generated from operations up more than fourfold to GBP 1.17 million (ZAR 20.29 million) (2017: cash utilised in operations of GBP0.38 million (ZAR 6.77 million))

In The Interim results published in March 2019....
Positive earnings per share for the period 0.06 pence.....which is more than the current price of the share.....
So no doubt they will make a profit....IMO DYOR

Lol..Im not suposed to be posting until the Mets are out !! Anyways...this is what he said in the email ....
I have seen there seems to be some concern on the bulletin boards about rights and while I will not comment on Lundin as it would be wholly inappropriate please find below an extract from the companies own website on its Spanish Neves Corvo operations, as to scale:......

Spot on Shed... Brought a smile to my dial :-) FYI I checked on the Lundin website link that LR mentioned in his email to me...
Have a check....I have my own thoughts...all very positive though :-)

https://www.lundinmining.com/operations/neves-corvo/

Very confident that all the ducks are just about lined up. A few FACTS about EUZ.
1. Scoping study completed with financials which includes a very compelling business case.https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EUZ/13996468.html
2. Stakeholders being primed in the region and EUZ are pursuing mining license. https://www.lse.co.uk/rns/EUZ/update-re-stakeholder-engagement-process-fe249xfiwevuue9.html Also in the annual report CB said” The period under review also saw beneficial changes to the local mining law dividing the development permissions for projects into two groups; energy related (coal and uranium) and all other mining activity (which covers lead, zinc and silver, being Toral's focus). Our expectation is that mining activities involving well known lead, zinc and silver commodities will have fewer legislative issues surrounding them than project's within the energy grouping. The results of our exploration activities will be communicated to all stakeholders within our local area, in addition to the wider community and offtake groups, and our next phase of work for Toral will see us progress our formal stakeholder engagement process and move towards a potential mining licence application and development decision.”
3. Presentation of the strategy for Toral Project developed. https://www.lse.co.uk/rns/EUZ/presentation-on-strategy-for-toral-project-jw11r7iy1lw3xdu.html
4. JORC updated with indicated resource. https://www.lse.co.uk/rns/EUZ/updated-jorc-resource-2986dfx168hc2l1.html
5. Awaiting Metalurgical Report which is due any day now…… This will be my last post until its published….GLA.

@ Lloyd...I am also trying to work out wth is going on. Initially I thought that DB were again slowly offloading some of their shares but now I am inclined to think differently. I wonder if LR was p****d off with DB unloading when they did ….Also on the back of an excellent JORC report …..he has a 10% discretionary limit on placing when required…. Wonder whether he has perhaps exercised his authority and EUZ themselves are not leaking shares into the market and this share is being kept low purposefully in order to prevent DB from exercising further warrants…..my two pence worth…but just a thought. LR very capable of doing this and perhaps trying to protect ALL shareholders interests....I am not saying this is happening but could very well be. With a sale of Toral Zinc Lead and Silver resources imminent imo this could explain the current scenario….as the SP will not dictate the selling price …and we will not care about the SP at the time of sale…The closer to the end game …more questions than answers I suppose...Any explanations will be valued. IMO.DYOR.GLA

IMO....I expect an interested buyer to be announced via an RNS between METS and AGM. The price could be anything that is negotiated and approved by the share holders... and could range from NPV, TP's valuation or 5% of the value of the resource. In our case 5% would be great. Ticor did the sums yesterday or Saturday. Trust this helps. GL !!