@Matrix....this looks like another placement for sure imo....also over 7 million traded at 3c today and all of a sudden someone drops 10 million at 2c ....very very strange indeed. Something is going on and I smell a rat !!!
@Matrix....Here's a scenario I trust will paint the picture.....and surely not the case.... Say someone bought 100,000,000 million shares at x price and then get told as a major shareholder they will be offered additional shares at x minus Y in a placing. .... They then sell x at market rate immediately and then buy back all they sold at x minus y.......Got it ?.....check the current market and form ur own opinion.
@Bobby....To answer ur question....the SS could be released with a 10% placing all in the same RNS. And honestly the way I am reading this market at the moment,,,,a very very high possibility.
@Oiltap...the last time I saw this scenario...I think it was a ceratin Mr and Mrs Williams dropped a few....It is in our postings history somewhere...... But it was just before a placing....they sold and bought again at placing price.... This could be imo very similar and in that case deemed insider info....Check our previous postings....see if it ties up.
Did you get paid by the MM ? I would not pay you a cent ...You are quite pathetic at what you do. Get a life and leave this BB. You are not a serious investor at all and may the fleas of a thousand camels infest you . Dork !!
Welcome Dirty....I gleaned the below from one of the RNS's....copied and pasted to answer one of your many questions :-) ito how easy it will be to get out the ground and the separation process. Please go through the RNS's as it will assist you in getting up to speed.
decline entry followed by a raised bore production shaft reduced shaft cost and expenditure on raised bore commenced only at a time nearer to future production;
standard two stage flotation process depressing the zinc and floating the lead; fully mechanised utilising an appropriate level of technology for a project of Torals size;
This RNS tells me one thing....The SS is due very soon as I am fairly sure that is what LR will be presenting at this forum or at least some form of precise on it !!
Yep...agreed. A member since : Thu, 15th Nov 2018 and only posted on EUZ BB.......A very good sign indeed ...if he was only hired to deramp EUZ.....he failed miserably :-) !!
@Bobby...you have the wrong end of the stick again....you struggle to read sometimes. On the 15th November 2050 posted "cut and pasted" the below.....referring to an email ...
Me- SS needed by end Nov latest LR- understood
So I just asked the question whether he believed it would still be released in November. I trust this clarifies.
@2050 Capital....You posted some correspondence you had with LR a while back where you mentioned that the SS should be out by end November....Is that still on you reckon ?
Between 2050 Capital and Brooko....you guys together with LR have given me a warm fuzzy feeling that the SS will in effect set a new standard for all exploration companies in the future. This being the case I expect it to be the Mother of all Scoping studies !!
Deal with facts guys... Fact 1. The SS has been delayed for whatever reason..... Fact 2. This delay has caused the SP to drop from 0.15 to where it is now....no other reason has caused this. The sling shot will happen on the release of the SS.....but from where ?? ...it would have been better from 0.15 than from 0.10...
Excellent results posted yesterday.15 Nov 2018 09:01
FINANCIAL HIGHLIGHTS
• Combined project revenue up 44.14% to £ 14.14 million (ZAR: 245.53 million) [2017: £ 9.81 million (ZAR 166. 97 million)]
• Combined project attributable earnings up 206% to £ 5.03 million (ZAR 86.80 million) [2017: £ 1.64 million (ZAR 28.20 million)]
• Group delivers positive cash flow from operating activities of £ 0.96 million (ZAR 17.44 million) [(2017: negative cash flow of £ 0.53 million (ZAR 9.16 million)]
• Group revenue up 44.14% to £ 14.14 million (ZAR: 245.53 million) [2017: £ 9.81 million (ZAR 166. 97 million)]
• Group operating expenses before impairments and non-cash, down 30.82 % to £ 1.92 million (ZAR 33.34 million) [(2017: £ 2.77 million (ZAR 47.87 million)]
• Group operating profit of £ 0.06 million (excluding impairments in an amount of £ 0.80 million) (ZAR: 1.04 million) [2017: loss of £ 1.67 million (ZAR 28.89 million) (excluding impairments in an amount of £ 18.57 million)]
• Group loss per share reduced by 83.63 % to 0.18 pence per share (ZAR 1.88 cents) [(2017: 1.07 pence (ZAR 18.55 cents)]
I understand what you are saying....however whilst all things will come to those who wait....action speaks louder than words...and words are all we have at this time :-)
LR posted the following on 31st Oct on V.O.X....Scoping Study is near completion with NO new data, such as today’s results, being built into the study at this time leading to further recalculations (as with the resource upgrade). Very strange to me that this is still not out......something not right here I feel.