Member Info for BricksSA

The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UKissuer and two trading days in all other cases.....
So this regulation has been breached in my opinion....Specifically the two 350m trades of a few days ago.

@ Oiltap...is there any ruling that compels anyone to complete a TR1 within a specified number of days on reaching 3% threshold ? If so how many days ?

Thanks Bobby...Good point.....who is regulating the goings on here then ? Maybe we should ask them ?

I am with you Bobby....But I asked a simple question and expected a simple response. THis is very unlike Dan as he normally responds quickly. The question I asked was "Kindly can you clarify the holdings of DB as two separate TR1's were issued at exactly the same time on the same day..."......surely he would have responded by now to such a simple question. That's why I am guessing possibly under NDA.... This all makes no sense to me at the moment.

No Response from Dan .... I am wondering whether the BOD have signed an NDA with DB hence no communication to shareholders ??

Hi Oiltap...I fired off an email to Dan. Will let you know if I receive a response. :-)

@Bobby...What you are describing makes a lot of sense in my mind. That would also confirm what I have been thinking from the beginning. They are two separate TR1's. Which makes it a 29% holding which is just below the 30% which would force DB to make an offer to EUZ Share holders. As it is just below this threshold...I suspect they do not want to do that....Intriguing ...however to say the least !! So I guess they are busy effecting "transfers" to legalize their holding of 29%.... !! Obviously trying to do this quietly but too many eagle eyes on this forum. Wonder who c%cked this up ?? !!

@Magic...Surely.. as a public listed company using shareholders funds to invest in EUZ DB would have been compelled to have done a DD otherwise how would they be able to justify their decision to invest in EUZ to their Share holders ? AT least the DD would have been done to a "justification" level...which gives me more confidence in the Toral asset than any RNS's I have read to date from EUZ.

I agree...The strengths far outweigh the weaknesses...Great Buy...IMO. ...at current price.

Strengths/ Threats or weaknesses to buying EUZ shares now. Feel free to add.....
Strengths.
1. Cornerstone corporate investor DB bought in on DD and own 14,5%
2. Solid asset in Toral with Jorc report published and SS published.
3. NPV of $110m in Toral.
4. Addison Mining consultants used so external view gained.
5. High grade resource at depth 10% minimum.
Threats/Weakness
1. Current SP seems far too low with published NPV. This could be deemed as manipulation.
2. Weak leadership displayed in EUZ with a takeover threat looming.
3. Lack of TR1’s with recent large buys.
4. Lack of RNS’s based on current work which funds have been raised for.

Look at this trade....5,000,000 shares Ask .016 ....Paid .0193 some weird stuff happens on AIM :-)

and not one as yet over 100m.....I suspect another record day.

I estimate since the last placement at 0.0015 about 28% of the issued stock has changed hands...look at the price today...is this some smart buying or what?? I also notice whoever is doing this has reduced their buys to smaller valued transactions so as it doesn't look so obvious...look out for reversals today of the 30M transactions :-)
I agree with Oiltap....buy buy buy....beat them at their own game.

I think the LSE should suspend trading on EUZ and investigate a few of these reversals...I smell a rat ...and a big one at that. As happy as I am to have DB on board as big brother so to I am very unhappy if they are manipulating and keeping the share price down in order to get a bigger slice of the pie... do some research and investigate their tactics.

I reckon some serious market manipulation taking place under our noses...Only 1 thing to do under these circumstances....buy....buy....buy....buy....:-) Too many 100,000,000 reversals taking place...both buy and sell...this imo is on its own market manipulation as they revert back to the price whenever they do the reversal.
Check it out.

It was uploaded on 16th April....after placement.

Yep...I found it rather interesting ...in a number of ways. Not sure whether you agree with my observations but I observed the following:
1. He came across rather cocky....again...blaming poor market conditions for SP and also calling the scoping study debacle a misstep...and by the way said it was a "good" scoping study....when the market expected more :-)
2. He again referred to mining high grade in the region of 10% even referring to 7% as being low ....yet scoping study built on 5%....weird.
3. Towards the end he focused very much on the relationship he has developed with the mining Juntor in the region...
I got the impression when he gave this presentation he new he was on his way out...even the body language...not his normal self. Not sure whether anyone else agrees with me.....

https://www.ukinvestorshow.com/videos/europa-metals-ltd/

I also find it strange that since the TR1 for DB announced....over 20% of issued stock has exchanged hands and minimal rise in SP......guess there is more than 1 party at play here.

I don't mind them getting the asset for a song....its selling it for a song that we should all be concerned with. Somehow I don't think DB are in the game to sell it for a song ;-)