Member Info for BricksSA

All the research I have done points to a huge risk reduction for investors....so with the risk reduction the SP normally climbs. In our case with EUZ its been as high as 0.0012 with an inferred resource....so your guess would be as good as mine....but from where we are today...I would guess at least 100%....minimum. My opinion only ....cheers 10 Bagger GL.

Early Quarter 4.....so that's any time from now.....
Turner Pope did a revised valuation based on the latest placing....now 0.0071
I very much doubt you will be able to buy back in again at 0.0001.......definitely 0.01 though. :-)

It is expected that admission will become effective and dealings commence on or around 7 October 2019......
All forward sold I guess......

Over 100% up in one day.... hopefully will happen here.!!!

The Company has capital commitments of $230.5 million on various initiatives, of which $210.8 million is expected
to be paid during 2019.
See section K paragraph 24. Commitments and contingencies.
https://ml-eu.globenewswire.com/Resource/Download/448f9334-ea46-4166-9a5e-9f9a39a3e95c

Does delineation mean taking it from inferred to indicated ?......Anyone know ?
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.

Seems like they are middle men......maybe that's why they called MM's. LOL :-) Anyways it was an interesting read but I still have my doubts as to the value they add....seems like they can be taken out with technology the way it exists today.

Thanks Meno...seems very comprehensive and informative. .... will read and digest.

Can anyone explain to me in layman's terms...in today's world where we have electronic set off of sells and buys what the MM's role actually is on AIM.....as I believe they only exist here......besides manipulation....!!

Also Turner Pope raising 1m pounds by issuing warrants at 0.0025 then the very next day putting out a brokers note saying the shares are worth 0.0071.......fook.....why didnt they raise the warrant price then ?

@ Oils I am also not so sure what they are doing is actually legal ito their trading modus operanda...ie Sell in open market when its high and bring the share price down....then invoke warrants at a lower price..... without LSE permission....hence my email.

They will do a full investigation. The TR1 is what made me write the email. Im also not so sure what they are doing by "selling" their shares in the open market and then exercising their warrants is actually legal. I am also seeking their advise on that.

Thank you for contacting the Whistleblowing Team.
We have reviewed your email and determined that your enquiry does not fall within the remit of the FCA Whistleblowing Team. We are in place primarily to receive and manage disclosures of employees / ex-employees of firms within the regulated sector. If we receive information that does not represent this we will refer ownership to the relevant area of the FCA that is resourced and trained to handle the matters in question.
I have forwarded your email to the most relevant team within the FCA for their review and consideration.
Once again thank you for contacting the FCA.

I Loved this statement.....Over a longer time horizon, I am also interested to see copper again being identified from drilling activity,
but this time at depth. With a resource open at around 1,000-1,200 metres depth, future exploration
outside of the existing resource area would potentially seek to understand if thickening of mineralisation
occurs and whether there is a significant copper presence in the deposit from a separate thermal event.

I also notice 2 big sell reversals went through under 30th Sept date today.......

@Oiltap....many thanks for sharing. This puts everything into perspective for me now and connecting the dots further....am more convinced than ever they are beefing this up for Lundin.
Chief Executive of Lundin Marie Inkster….”The Toronto-based company is seeking a project where exploration is complete, which it can take over and build, Inkster said. Lundin prefers a copper asset, but would also consider a zinc poly-metallic mine, with nickel a distant third option”
I am now also more convinced if Copper "indicated" Jorc produced for Toral they will utilise their right of first refusal to buy back Toral or buy back in....
This augurs well imo moving forward and very positive we will all multibag.....DYOR....GLA

Yes....a fifth of a pence.

@Oiltap....thinking out loud.....before the Scoping study was released the SP stood at 0.0012
This was based on the fact that they used "inferred" resource in the scoping study.
From where we are today....ie 0.00027 and with "indicated" resource and updated SS my estimate is we should reach 0.0020
relatively easily.

http://ehrenworthsyme.com/casadeleon/Docs/ValuationofMining.pdf
Hope this helps Shed.

Whatever happened to Researchanalyst1.....you think he was from DB and or BHC ?