Member Info for BricksSA

The understanding I have is the relogging exercise is completed. I wonder why they have not shared any detail as yet ?

Thanks Bobby. That makes a lot of sense. It sounds like a very good reason.

Can someone please explain when LSE changes from "Regular trading" to "periodic Auctions call " what triggers this status change ?

EUZ has 3 major deliverables left for 2018 to deliver to shareholders....
1. An update of the re-logging exercise. Already the exercise is completed and an announcement due any day now....VERY happy with the results is LR and he is on record as saying this.
2. The Scoping study to be delivered by 4th Quarter 2018...just around the corner...again on schedule and within budget and conveyed to share holders.
3. Extended drilling to be completed by end 4th Quarter 2018. Also on schedule and within budget and also conveyed to Shareholders...
Can anyone shed any light as to why with all this good news....the SP drops ?

Just noticed ASX had some 90M shares traded this morning.....so looks like the light has come on down under. :-)
Wonder if LSE will pick up where it left off on Friday ? Thoughts ?

Quote from the Turner Pope research report......
We believe that an effective work programme coupled with cost control have
been clearly demonstrated by Europa so far and with fieldwork already
underway, we expect an acceleration of news flow as the company expedites
its fully funded work programme over 2018. By certain metrics, the company
trades at a discount to its peers and if Europa delivers on its operational
milestones, it is possible that such a discount could close to an appreciable degree

..........Very happy with completion of core relogging this month, including the Specific gravity readings looking ay how much mass is contained within the rock. Comparing these readings to those historically taken that sit within the JORC resource a workflow being undertaken right now.......

Note....VERY happy :-)

Turner Pope research report on Europa Metals released

Europa Metals (29 August 2018).pdf

@ Oiltap...Yep agreed...what I find really surprising at the moment is that the Copper resource at Toral alone is worth more than the current SP...... forgetting Zinc, Lead and Silver....and its not even mentioned in the latest JORC :-)
So my belief is with the re-logging exercise it may be added and also if you read between the lines from the RNS... they already have a "enhanced" view of the inferred resources.
The below is cut and pasted from the RNS.

"Our team is currently assessing all of these data sets and we look forward to announcing a further update(s)

from the ongoing work in due course. Our enhanced understanding of the host structure is already informing

future workflows and targets for the Company."

Justin Waite‏ @SharePickers

Follow Follow @SharePickers


 More


Replying to @040_ali

13.2mt is the total for all Goldquest's prospects but Toral's resource was upgraded to 16mt so 0.14% would equal = 22,400 tonnes x $3000 per tonne = $67.2m but I'm not even sure that's accurate as I'm not sure of the recovering rate.

Copper as well ???.....wonder what that is worth ?

@Oiltap......my stab at this :-)

My estimated value of Toral is around about $ 3 000 000 000
Current Shares in issue…..5,576,876,317
Potential value per share $0.53
Assume a JV occurs and you shares get diluted by 100% again……value $0.265 per share…
Assume additional fund raising required at some stage ….another 100% dilution….$0.1325 per share.
Again….a very far cry from where we are today and that’s assuming a 200% dilution !!! which imo is like a worst case scenario !!

Proactive Investors‏ @proactive_UK · 7m7 minutes ago

 More


http://tinyurl.com/yc3q9m6t

Just listened to the podcast....very positive LR :-) Re-logging results will be out.... shortly....(all smiles)
Augurs well IMO

Yep...shortly back to .012 IMO

"Very happy with completion of core relogging this month, including the Specific gravity readings looking ay how much mass is contained within the rock. Comparing these readings to those historically taken that sit within the JORC resource a workflow being undertaken right now. " - Laurence Read on VOX

Yep...LSE up..... JSE up.....ASX down.....makes me wonder as Rodriques would say :)

Pending news I suspect on the progress of phase1. No looking back !!!

and of course I am referring to market manipulators....not makers.

Yep...I would still have said someone's playing games :)