Member Info for BricksSA

I will send an email to the secretary Dan and check whether the agreement is still in force. Why you say not much upscale for PI's ?? There will be plenty upscale as we will definitely take it to mining then and with only 1 more 100% dilution ....that seems to me like a bargain...will get dividends once a year....and your shares will be worth something....

Well with Lundin as a partner it will be a good thing no doubt....and you dont think this SP is manipulated ??

Fook...it just dawned on me....maybe this is why the SP is being manipulated....a buy back in clause of 51% will cost Lundin f@@kall at the moment !!!!

Whether the Lundin Goldquest agreement is still valid and whether EUZ have notified Lundin that they have met the below criteria. I suspect Lundin already know somehow.....

Lundin will retain a 1.5% royalty on the Net Smelter Return (NSR) from the Toral Project. Lundin also retains a one-time back-in right to reacquire a fifty-one (51%) percent interest in the Toral Project once GoldQuest provides written notice to Lundin within 10 days of the following events occurring: delineation of an inferred resource on the Toral Project of greater than 1 Million tonnes of lead and zinc (contained), as demonstrated in a NI 43-101 compliant report, and completion of not less than 5,000 meters of drilling

@ 10 Bagger...Im also not sure whether this contract is still enforced with Lundin as it was in the Goldquest days which EUZ now own....but my reading of it says that Lundin could now buy back in as they have demonstrated the below clause.

Lundin will retain a 1.5% royalty on the Net Smelter Return (NSR) from the Toral Project. Lundin also retains a one-time back-in right to reacquire a fifty-one (51%) percent interest in the Toral Project once GoldQuest provides written notice to Lundin within 10 days of the following events occurring: delineation of an inferred resource on the Toral Project of greater than 1 Million tonnes of lead and zinc (contained), as demonstrated in a NI 43-101 compliant report, and completion of not less than 5,000 meters of drilling

Yep....I expect to see them shortly....Once they arrive it will be a good time to have a break :-)

Very difficult question to answer 10 bagger.....If someone really likes the "house" as referred to by Oiltap :-) in this case Toral...they could make an offer EUZ BOD cannot refuse......this could be anytime before or after the METS.....On the Indicated JORC alone I suspect a few miners are sniffing already.....so who knows .......

Khudeza...apparently...she is a good chartist as well.....
@KhudezaBegum
2m2 minutes ago
More
#EUZ Bounced off the 200MA, once it gets above the 8ema at 0.0319 then 0.0339 and onto 50ma at 0.0396

Have Peel backed off or are they still in control of the order book ?

Metallurgical programme From RNS dated 25th Sept....So 8 weeks makes it due approximately 20th November 2019.

Testwork has commenced by Wardell Armstrong LLP on the full core wedge (hole TOD-023D) and ¼ core from TOD-023. Europa Metals has scheduled for this testwork to continue over the next 8 weeks, with the results feeding into the next phase of exploration work and studies and providing potential future product specifications for preliminary marketing discussions with third party concentrate buyers such as smelters and trading houses.

@ Lloydboy.....can you let us know please who is at the top periodically ?

@Dave...MM's are not required in today's market. Why on earth they still exist on AIM only JSE knows.....
The market is bad enough as it is without their manipulation....as for being a shareholder in EUZ since FCR days it pains me greatly to see this SP where it is at the moment. We do not need any additional outside influences in dictating the SP.
However having said this....I take a lot of pride in my research and together with others affirmation of the great resource Toral actually is .... keeps me motivated as such to the extent where I firmly believe this will come good....at some stage.
I am not at all phased by all this "game playing" as it is part of the game nowadays. I expect DB to exercise more warrants shortly and this imo will be the sign for future "stability" of the SP.

@ Lloyd...great detective work....I have also sent an email to market.abuse@fca.org.uk and I encourage all share holders to do the same. This certainly does require an investigation.

I just checked now on EUZ website. There are still 3,000,000,000 warrants that can be exercised at 0025 and 2 billion at 000375
So expect a RNS and TR1 soon.

@ Les...Yep as well as the fact that they would "have " to sell some of their shares prior to exercising the next batch otherwise they would have exceeded the threshold of 30% which would then force them by law to make an offer for the company....which they obviously do not want to do as they are investors not miners.

I think if they definitely are "sells" it could only be DB selling off some of the shares bought at .000025. This in my opinion only and to me is a very good sign ...as I expect them to exercise the remainder of their warrants soon this being the case.
They may even exercise them when the SP is below 0.000375 (the warrant price) in order to show the market their real long term intentions and will be done as an "act of good faith " The previous calculations I did meant that they would ultimately be holding just short of 30% if they exercised all their warrants. I will re-validate them once a TR1 comes out. This is all starting to make sense now......IMO. DYOR.GLA

Looks like 400m.....

We are encouraged with the size and grade of the updated resource estimate and look forward to the preliminary metallurgical testwork results in Q4 2019 as well as geotechnical and hydrological work which is expected to commence by year end. All of these are key components that will help de-risk the project as Toral continues through the develop stage.'

Yep...I did not honestly expect the SP to drop on a great RNS.....dont really know what the heck is happening but something must obviously be going down....Nothing seems to make sense anymore ....really weird reaction from market.

@ Jippy....you need to understand the difference between fluctuating and dropping....
No ways this share falls daily...DYOR.