Member Info for BricksSA

Mid December in the SS RNS.....not podcast....make Bobby happy please !!! ;-)

Hi Bobby...I understand your viewpoint when you say funding is everything now....However a sale or part sale now will also imo be very good for SH's...The point I was making is we have enough in the Bank to cover until negotiations completed....hopefully 2 months or so if not sooner. I am hoping for this scenario.

Hi Bobby...I understand your viewpoint when you say funding is everything now....However a sale or part sale now will also imo be very good for SH's...The point I was making is we have enough in the Bank to cover until negotiations completed....hopefully 2 months or so if not sooner. I am hoping for this scenario.

why pay 2c a share on JSE which is equivalent to 0.0011 pence ?
and they paying 0.000475 on LSE ?
It has to drop......

I am just waiting to see if they drop to 1C and then we cleanup.....:)
All of mine were bought at 2c

so if 20% = 16 MT..
…..what does the other 80% yield which as yet is not included in the SS …..
Another possible 20MT at least ??
36 MT will be awesome…..Is this on ??
Any takers ?

1,479 000 AUS$ in Bank as at end Sept 2018
1 160 000 expected outflows as at end Dec 2018
319,000 Aus$ in Bank at end Dec 2018
I think we may have enough money in the Bank to take the asset through to a sale or part sale or JV....
But not enough to complete what is planned.....so I don't think a placing soon.

Hi Oiltap...I found this in the RNS.....so it appears that only 20% of current license was included in modeling .....
In September to October 2018, Europa Metals completed four reverse circulation drill holes drilled to the East of the input resource block model as reported in the Company's announcement of 31 October 2018. The results of these holes are currently not included in the input block model used in the Scoping Study. An updated geological model and mineral resource estimates are to be completed and reported in due course.

If I am correct and it applies to all Stock exchanges...that the NPV calculation may not be made public...then EUZ BOD should have managed this a lot better and from my perspective there has been one hellavu over reaction to the SP.....This could be the steal of the year imo.....now again....very strong buy.

Also found this statement in the presentation......

NPV calculation may not be made public....So in my opinion this sounds like a general rule across all SE's....
Interested to hear more on this subject.

http://www.srk.com/files/file/international-approaches-to-mining-projects.pdf

@Oiltap....you are 100% correct....no such think as Bankable Scoping study or feasibility study...its only Bankable if the bank accepts it as you say....Very clear presentation though on the processes involved and the outputs.

Thanks Oiltap. Appreciate your time in clarifying. Much appreciated as always...I agree with you on the deliverables....sincerely hope the drilling results are released today or at least this week otherwise it becomes towards end December rather than mid December.....needs to start choosing his words a little wiser if that is the case....which I hope is not ;-)

And a "book of rules for ASX"...... :-)

Laurence Read joining TOM just shot any chance of people taking him serious on EUZ ....what is this about ?

From the last RNS....The Company currently anticipates that the results from its first diamond drilling campaign will be available in mid-December 2018, .......Mid December is not the 18th.....it is the 16th.....when will they ever learn !!....when will they eve....r learn !!

Need to somehow link a few dots....
Strong Scoping Study...without financials...
Very good NPV...by all accounts....
3rd Part investors have a scoping study with financials which we as shareholders cannot see.....
Two cockups in the scoping study...
JustSay1ing disappears.....
Dramatic drop in SP......
Is this actually being planned and manipulated ???
I have changed my view from weak buy to Strong buy.

Yep...I guess about 5, 575,000,000 shareholders as well :-)

Do the maths.......I'm spot on ;-)
and I also believe it will happen soon. LR's slingshot can only come about now ....with a sale....think about it.

Being realistic IMO the only way the current management team can save reputations is a quick sale of the Toral and a happy shareholder base.. I have painted a few scenarios and the one I like best is a sale of the asset based on estimated current NPV....UK pounds140m ....I estimate a dividend of 2.5p per share...a very far cry from where we are today....I honestly believe they are working very hard to right the situation...as there is a lot at stake here for a lot of people.

I am hoping for a sale....based on NPV ....then who ever buys it.....buy those shares :-)
Best of both worlds and a very happy Christmas ;-)