Member Info for BricksSA

Within these notes they again emphasized the economics.....good stuff looks like a few lessons have been learnt by LR and BOD.

We all know the current NPV which is actually for Nett Present Value is $110m (minimum). I state minimum as it was done on a JORC of 16m tons. We know the resource is bigger than that and will be proven within the next 2 quarters as per last RNS. So this being the case the current SP SHOULD be 0.0070 !!!
Anyone selling for less needs their head read !! You think the bigger players haven't spotted this anomaly ??
They must think we are all idiots !!

I never saw it....but it looks like everyone is holding their nerve...We just need to keep it up and we will break up their game !! Hold ...STRONG !!

Yep I agree...should be slow movement up every week... as long as small investors hold their nerve.... they will be well rewarded. Also as Toral is EUZ's last asset I don't expect a selloff....This will be a mine IMO and it will be either via a takeover or a JV. I cant see EUZ selling it off otherwise they will have to close down effectively after the sale and payment to share holders. I am leaning towards a takeover at this stage....and it can happen in a number of ways...the current scenario being played out one of them.....

Here's the scenario we are in ....hence the games being played...
Certain key large players in the industry have caught a wakeup that EUZ is now cash flush and drilling to move Toral their primary and only asset from inferred to indicated and are busy with this process.
As with any exploration company...the risk of investing in them will be radically reduced once this happens. However one needs to be in the game when this momentous event takes place as it effectively re-rates the SP radically. This is when the sling shot will occur and NOT before then IMO... Hence the current situation is that the SP is being manipulated to allow these big orders to take place and for the bigger players to get in at the right price. It appears that certain brokers are buying and selling to each other in order to keep this price down and hoping to scare smaller investors out..... THis is my opinion only but do your own homework and IM sure you will come to similar conclusion.

@Oiltap... I forgot to mention....LR is still not off the hook as my other question was unanswered...so I went again.
Thanks Laurence for getting back to me....
One further question however has not been responded to....
Why were 2 TR1's issued for Deutsche Balaton and released at exactly the same time ?
And what is their % holdings in total ?

@Oiltap.....It appears that the 2 x 340m trades are related to the TR1 of yesterday....I received the below response from LR last night....

Our nomad has received the tr1 in question and it has been released to the market a moment ago.

@Gizzard....Check my post from yesterday....I copied and pasted some of it below...
"What intrigues me though is EUZ has a dual broker....so I am wondering whether the new boys on the block are playing a role in all of this.....just a thought....."
I hate to say it....I was right and for me this smacks a little of "Insider trading" and confirms our original thoughts....we are being played.....
So my strategy remains.....If you cant beat them.. Join them.... :-)

Mobilisation of drill rig to site at the Toral lead, zinc and silver project in Spain.
Europa Metals has mobilised the drilling rig to site and we have begun the first phase of drilling where the team will examine the high grade centre of Toral, as defined by the JORC indicated resource (16Mt (7% Zn equivalent with Pb credits and 24 g/t Ag). We are targeting first indicated resource but also the completion of metallurgical test to determine processing and concentrate products.

Only 32,032,096 shares traded today on LSE and a drop of 8.82% in SP.......yes I agree with a lot of what has been posted today. MM's = Market Manipulators. Also a big order trying to be fulfilled....and Bobby now is going to help them !!! My word....the world is a strange place :-)

Expect to see a few TR1's this week :-)

Well well well......news at last !!!! And LR still at the helm.....frigging amazing !!
They slip the Full Scoping study onto their website without even an RNS and now RNS that the drilling rig is onsite for the specific purpose of moving from inferred to indicated ....this should now grow very steadily over the next few months IMO but I feel like I have been taken for a ride here. Nevertheless two can play their game and I will continue to buy...:-).

@Oiltap....I got a response from Dan......

Apologies for the delay as I have been traveling.
It might be easiest if you give Laurence a call on this.

Lol....So still no luck !!

Amazing result....history being made...Chelsea vs Arsenal and Spurs vs Liverpool in both European trophies. Wonder what the odds were on this ?.....A multi bagger x 100 I guess... :-)

@B1II....you think all the key players have taken up their positions already as the market quite slow today ?

@Oiltap...still no response from Dan...really weird.

Wow....:-)

@ Oiltap. Thanks for the advice. I emailed Dan again as per below on top of my last email which he has not as yet responded to.....

Further to the below I also noticed that there were 2 x 340 million trades on the LSE.
As a steward of the company, do you perhaps understand the nature of these trades and can you explain them perhaps ?
If not do you mind reporting them to FCA as there were no TR1's issued for them.

Looking forward to hearing from you soon.

Should we not then report it as market abuse ?

https://www.fca.org.uk/markets/market-abuse

Thanks Oiltap...:-)