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Other forces at play to manipulate the SP ? Maybe a JV already in place due for release with the Scoping study and the price has already been set ? Is rather strange that on good news it takes a dip.

Some traders derisking I guess.....makes no sense to me. One must be daft to sell now when its only a week to go for the scoping study. That's how Aim works though.....impatient sellers and patient buyers....impatient want immediate fulfillment.....not prepared to wait....anyway...everyone has their own risk strategy.

That's a revised JORC out today. Scoping Study only due next week sometime....:-)
This is starting to look like a huge resource. Exciting times ahead.

Thanks Oiltap. I understand...but If I was Lundin (lol) I would ensure that I stay very close to EUZ and under no circumstances allow any other mining houses near EUZ :-) I tend to think that they will get paid off the $2.5 in shares.....but the price needs to be right for this....so as not to dilute too much......Thinking out loud now....need to stop thinking !! :-) ....exciting times for all.

@Oiltap....Surely Lundin is the partner !! :-) Why would they allow anyone else in now...based on the current agreement ?

Equivalent of 0.0020

Thanks Oiltap....this makes very interesting reading. My interpretation of this is that EUZ will have to pay Lundin $2.5 million shortly.....as a decision has already been made to progress with a mine....and then once the mine is constructed and in operation another $5m ......and after that 1.5 % smelter royalty......
If this is the case its very clear to me that Lundin is already a partner !!!!

Lol...guys...inconsistency will be only thing consistent about EUZ SP over the next few days imo. Its a dream for traders and investors alike....traders will take their profits consistently ....making the SP inconsistent imo.

Feels like I have a lucky ticket....on a runaway train :-) ....not knowing when it will stop !!!
Good luck guys. Enjoy the ride.

Tweet from Jam4U "MM's opened it 5% down. 5 trades so far today and all buys close to full ask ... I wonder what's going to happen here today then ...."

Must be....one would be foolish to sell now surely .....too close to the scoping study release.

Now I understand that statement from LR :-)

Yep...that's why even as a trader you need to think twice before you sell here....one could miss out on a special dividend if the asset is sold off !!!

Bidding 02 cents a share....some 40 million...on ASX ....looks like the penny has dropped in Oz !!

I suspect a rerate is currently taking place under our noses.
ASX this morning......03 cents per share ....0.0016 GBP ....so I suspect it to climb this week on LSE....
Thoughts ?

Probability is very high as SS is due shortly....he is shooting on the low side :-) ...better safe than sorry :-)

New high will be reached today for EUZ and new baseline set imo :-)

Any guesses ?

I know its in the podcast....but somehow Justin should have challenged him on that statement....the fact that their is no statement tells me the reclogging exercise was a waste of time and money then....

So I guess there is no meaningful data gained from the re-logging exercise ? I find this hard to swallow. Even a statement that suggests this is meaningful.